Press release
Asia Pacific Immunohistochemistry Market is Projected to Grow to US$ 1,218.85 Million Growing at 8.7% CAGR Forecast By 2025 to 2034
Asia Pacific Immunohistochemistry Market
The market for immunohistochemistry across Asia Pacific is poised to register sustained growth in the coming years. The market was valued at USD 531.20 million in 2024 and is projected to grow to USD 1,218.85 million by 2034. It is anticipated to exhibit a CAGR of 8.7% during 2025-2034.
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Market Definition:
Immunohistochemistry (IHC) is a laboratory technique used to detect the presence and location of specific antigens (proteins) within cells and tissues. It involves preparing a tissue section and treating it with an antibody that binds to the antigen of interest. Then, a labeling method is used to visualize the antibody-antigen complex. IHC is widely used in cancer research to identify specific markers in cancer cells to help diagnose different types and subsets of cancer. It's also used to detect the presence of specific antigens associated with various diseases. Researchers leverage IHC to study the expression and localization of proteins in tissues and cells for various purposes.
Market Dynamics:
Rising Geriatric Population:
Older adults have a higher risk of developing chronic conditions such as cardiovascular diseases, neurodegenerative disorders, and cancer. This consumer demographic benefits from detailed tissue diagnostic and analysis. With IHC, pathologists can detect specific cellular biomarkers and understand disease mechanisms at a molecular level. This makes IHC an essential tool for diagnosing chronic conditions among the elderly.
Increasing Product Development and Launches:
Major market companies are continually introducing advanced antibodies, staining kits, and detection systems. These advancements, along with the development of automated platforms, are improving the accuracy, speed, and reproducibility of IHC procedures. As a result, rising product development and launches are fueling the Asia Pacific immunohistochemistry market development.
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Market Key Players:
The market is characterized by intense competition, driven by strategic partnerships, innnovations, and expansion.
A few of the major market players include:
• Abcam plc.
• Agilent Technologies, Inc.
• Amos Scientific PTY. LTD.
• Bio SB
• Bio-Rad Laboratories, Inc
• Cell Signaling Technology, Inc.
• Danaher Corporation
• HiMedia Laboratories
• IMGENEX INDIA Pvt. Ltd.
• Immuno-Biological Laboratories Co, Ltd.
• Kyowa Kirin Co., Ltd.
• Merck KGaA
• PathnSitu Biotechnologies Pvt Ltd
• PerkinElmer, Inc.
• Roche Ltd.
• Sino Biological, Inc.
• Thermo Fisher Scientific Inc.
Asia Pacific Immunohistochemistry Market Report Highlights:
• In terms of product, the antibodies segment dominated the Asia Pacific immunohistochemistry market share in 2024 due to their critical role in diagnostic and research applications. Researchers and clinicians across relied heavily on antibodies for the detection and analysis of specific cellular proteins.
• The kits segment is expected to grow at a rapid pace in the coming years, owing to its growing adoption in diagnostic laboratories and research institutions.
• Based on end use, the hospitals and diagnostic laboratories segment accounted for a major market share in 2024 due to increasing demand for accurate and early disease diagnosis.
• In the market, China accounted for a major market share in 2024 due to a rapidly expanding healthcare system, substantial government investments in cancer research, and a growing aging population susceptible to chronic illnesses.
• The market in India is projected to grow at a rapid pace in the coming years, owing to the expanding population, coupled with a rising cancer burden and increasing awareness of early diagnosis.
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Segmental Analysis:
The market segmentation is primarily based on product, application, end use, and country.
Based on product, the antibodies segment dominated the market in 2024. The segment's dominance is primarily driven by the crucial role of antibodies in diagnostic and research applications. The growing prevalence of cancer, which has led to the need for precise biomarker identification, further contributes to the leading market position of the segment.
By end use, the hospitals and diagnostic laboratories segment led the market in 2024, driven by rising demand for accurate and early disease diagnosis. Government initiatives aimed at improving healthcare infrastructure and expanding access to diagnostic services also drive the segment's dominance in the market.
Asia Pacific Immunohistochemistry Market, Product Outlook (Revenue - USD Million, 2019-2032)
• Antibodies
o Primary Antibodies
o Secondary Antibodies
• Reagents
o Histological Stains
o Blocking Sera and Reagents
o Chromogenic Substrates
o Fixation Reagents
o Organic Solvents
o Proteolytic Enzymes
o Diluents
o Other Reagents
• Equipment
o Slide Staining Systems
o Tissue Microarrays
o Tissue Processing Systems
o Slide Scanners
o Others
• Kits
Asia Pacific Immunohistochemistry Market, Application Outlook (Revenue - USD Million, 2019-2032)
• Diagnostics
o Cancer
o Infectious Diseases
o Cardiovascular Diseases
o Autoimmune Diseases
o Diabetes Mellitus
o Nephrological Diseases
o Others
• Research
Asia Pacific Immunohistochemistry Market, End Use Outlook (Revenue - USD Million, 2019-2032)
• Hospitals and Diagnostic Laboratories
• Research Institutes
• Others
By Country Outlook (Revenue, USD Million, 2020-2034)
• China
• Japan
• India
• Australia
• Rest of APAC
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