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Immunohistochemistry Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

A11199
Pages: NA
Jul 2021 | 60 Views
 
Author(s) : Onkar Sumant
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Immunohistochemistry Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

Immunohistochemistry is a microscopy method for identifying antigens, and cellular components which are macromolecules. The immunohistochemistry includes the visualization of the presence and localization of the target-protein in various types of cells, biological cycles or even subcellular localization within the complex tissues. The applications of this technique include for diagnostic purposes and as effective treatment regimen. The recent advancements in the IHC technique includes the highly sensitive detection of multiple proteins in the same given sample and also the accessibility of the detection of protein –protein interaction. This method can be used for drug testing, and diagnostics of various diseases.

Market scope and structure analysis :

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value (USD)

  Segments covered

  Product, Application, End User, and Region

  Geographies covered

North America (U.S. and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa

  Companies covered

Major players analyzed include Thermo Fisher Scientific, Agilent Technologies Inc., Danaher Corporation, Bio SB, Cell Signaling Technology Inc., Merck Millipore, PerkinElmer Inc., and Bio-Rad Laboratories Inc.


COVID-19 scenario analysis :

The outbreak of the pandemic has led the researchers to focus upon the techniques to bring up the vaccine for the Covid-19. The Immunohistochemistry can be used in the detection of the antigen distribution, and localization of the Corona virus-2, hence contributing to the development of the vaccines as required. Furthermore, the need of the hour being to introduce vaccine which are having fewer side effects and has more effective results, the immunohistochemistry technique is used for bringing up ideal formula for prophylaxis. The use of this technique in the current pandemic is a necessity and hence would help the market grow in the coming years.

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

The rise in R&D of techniques that use Immunohistochemistry would help the market flourish in the coming years.The surge in the concern for experiencing better quality of life and increase in the healthcare spending are anticipated to boost the market. Furthermore, the increase in the inclination towards value based healthcare solutions would help the market grow at a higher pace. Additionally, the steep rise in the incidences and prevalence of cancer and other chronic diseases, wherein the role of proteins is expected to help the market grow in the forecast period. However, unfavorable reimbursement policies may hinder the growth of the industry in the near future.

The global Immunohistochemistry market trends are as follows:

New product launches to flourish the market

The increase in the focus of key market leaders of over the advancements in the technology according to the need of the hour would help industry grow. The launch of new products in the immunohistochemistry industry to combat with the challenges earlier is anticipated to propel the market in the coming years.

For instance, in February 2019, Lunaphore Technologies SA, which is known for its dedication in developing next-generation equipment for the research on cancer and tissue diagnostics, announced the launch of its product namely, LabSat. The system is developed to have single slide and has automated reagent delivery system. The product is designed to enable higher precision of tissue staining and hence reducing the wastage of time on incubation period for the sample.

The key leaders are bringing up innovative products which are anticipated to help the market grow. For instance, in February 2020, Biocare Medical announced the launch of seven new IVD IHC antibody markers for diagnostics and other research applications. The launch of these clinical diagnostics markers would help in immuno-oncology sector to bring up early stage drug development for cancer treatment. The name of these markers are GITR (CAL8), CTLA-4 (CAL49), LAG3 (CAL26), E-Cadherin (CDH-1/2208R), PD-1 (CAL20) AND CD22 (M) (BLCAM/1796). The growth in the R&D would help the market to grow at a higher pace during the forecast period.

Surge in need of IHC for drug development would flourish the market

The increase in the prevalence of the chronic diseases is anticipated to propel the market in the coming years. The rise in the number of cancer patients, infectious diseases and cardiovascular diseases where the Immunohistochemistry is used for diagnosis would help the market grow and gain maximum shares in the near future. The rate at which the spread of infectious diseases are increasing are also alarming which brings up challenge for the healthcare professional for the drug development of such unknown diseases and the rise in concern for the treatment of such diseases would surge the market to flourishing pace in the near future.

According to the statistics given by the International Diabetes Federation in 2019, the number of individuals living of age 20-79 having diabetes are approximately 463 million and is estimated to grow to about 700 million by 2045. The steep increase in the number of patients of diabetes mellitus has raised concerned for the early diagnosis and hence focus on the therapeutics for the disease. The growth in the diabetic patients would hence increase the Immunohistochemistry industry in the forecast period.

Key segments covered:

Segments

Sub-segments

  Products

  • Equipment
  • Slide Scanners
  • Slide Staining Systems
  • Tissue processing Systems
  • Tissue Microarrays
  • Others
  • Antibodies
  • Reagents
  • Kits

  Application

  • Drug testing
  • Diagnosis of the disease
  •  
  • Others

  End User

  • Research Institutes
  • Hospitals
  • Others


Key benefits of the report:

  • This study presents the analytical depiction of the global Immunohistochemistry industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Immunohistochemistry market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global Immunohistochemistry market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the Immunohistochemistry market .
  • The report provides a detailed global  market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the Immunohistochemistry Market research report:

  • Who are the leading market players active in the Immunohistochemistry market?
  • What are the current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the Immunohistochemistry market ?
  • What are the projections for the future that would help in taking further strategic steps?
 
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