Press release
Immunohistochemistry Market is Estimated to Grow with a Highest CAGR with Danaher, Merck KGaA, Thermo Fisher Scientific, Inc., PerkinElmer, Inc., Abcam Plc, Bio SB, Bio-Rad Laboratories, Inc.,
The major players operating in the Immunohistochemistry market include Danaher, Merck KGaA, Thermo Fisher Scientific, Inc., PerkinElmer, Inc., Abcam Plc, Agilent Technologies, Bio SB, Bio-Rad Laboratories, Inc., Cell Signalling Technology, Inc., and F. Hoffmann-La Roche Ltd. among others.
The market has observed various organic as well as inorganic developments during recent years in the Immunohistochemistry market. For instance, in November 2016, Roche has launched the DISCOVERY 5-Plex procedure and reagents for Immunohistochemistry (IHC) research applications.
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The report segments the Global Immunohistochemistry Market as follows:
By Application-
Diagnostics
Cancer
Infectious Diseases
Autoimmune Diseases
Diabetes Mellitus
Nephrological Diseases
Drug Testing
By Product-
Antibodies
Equipment
Reagents
Stabilizers
Kits
By End User-
Hospitals and Diagnostic Laboratories
Research Institutes
By Geography-
North America
Europe
Asia Pacific (APAC)
Middle East & Africa (MEA)
South & Central America (SCAM)
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Product Insights-
The global immunohistochemistry market, based on product, has been segmented into antibodies, equipment, reagents, and kits. The antibodies segment held a largest share of the market in 2018.
Moreover, the reagent segment is anticipated to register the highest CAGR in the market during the forecast period, since they form an essential component of any reaction and can be chosen as per the result to be obtained.
Strategic Insights-
Growth strategies through several organic and inorganic such as approvals, product launches agreements, and partnerships have been witnessed in the market of immunohistochemistry.
For instance, in May 2019, Roche launched the VENTANA pan-TRK (EPR17341) Assay, the first automated in vitro diagnostic (IVD) immunohistochemistry (IHC) assay to detect tropomyosin receptor kinase (TRK) proteins in cancer.
Market Insights-
Rising incidences of chronic and infectious diseases
Opportunity for development in emerging nations
The growth of the market can be because of prevalence of various diseases.
Government support for biotechnology and increasing efforts in R&D activities as well as other activities undertaken by the market players operating in the market.
Technological advancements in the diagnosis industry is likely to stimulate the growth of immunohistochemistry market in North America.
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Immunohistochemistry (IHC) is an umbrella term which combines immunological, biochemical and anatomical techniques to image and localize discrete components in tissues with the help of antibodiesantigen interaction. The use of IHC helps in the documentation and visualization of the high-resolution distribution of…
