Immunohistochemistry Market Size Worth $2.07 Billion by 2028: Grand View Research, Inc.

Read 250-page market research report, "Immunohistochemistry Market Size, Share & Trends Analysis Report By Product (Antibodies, Reagents, Kits), By Application (Diagnostics, Drug Testing), By End Use, By Region, And Segment Forecasts, 2021 - 2028", published by Grand View Research. Read 250-page market research report, "Immunohistochemistry Market Size, Share & Trends Analysis Report By Product (Antibodies, Reagents, Kits), By Application (Diagnostics, Drug Testing), By End Use, By...

Read 250-page market research report, "Immunohistochemistry Market Size, Share & Trends Analysis Report By Product (Antibodies, Reagents, Kits), By Application (Diagnostics, Drug Testing), By End Use, By Region, And Segment Forecasts, 2021 - 2028", published by Grand View Research.

Immunohistochemistry Market Growth & Trends

IHC protocols have gained popularity in the field of clinical pathology, especially in the subspecialties of oncologic pathology, hematopathology, and neuropathology. The technique has played a vital role in shaping cancer diagnostics. Thus, the growing prevalence of cancer is expected to increase the demand for immunohistochemistry, thus contributing to market growth.

Furthermore, wide applications of immunohistochemistry in drug discovery and development activities are expected to boost revenue growth throughout the forecast period. Whole slide imaging and digital image analysis offer highly accurate and objective evaluations. Thus, image analysis can be used across different aspects of drug discovery including drug repositioning, target validation, patient stratification, biomarker expression studies, and drug efficacy and safety studies.

Acknowledging the profitable opportunities posed by the space, operating players in the industry continue to undertake strategic initiatives to strengthen their market presence. For instance, in June 2021, PathAI, in collaboration with AstraZeneca and Daiichi Sankyo Company Limited, has created machine learning-based models to enable automated quantification of HER2 IHC images in breast cancer samples.

Immunohistochemistry Market Segmentation

Grand View Research has segmented the global immunohistochemistry market on the basis of product, application, end-use, and region:

Immunohistochemistry Product Outlook (Revenue, USD Million, 2017 - 2028)

Immunohistochemistry Application Outlook (Revenue, USD Million, 2017 - 2028)

Immunohistochemistry End-use Outlook (Revenue, USD Million, 2017 - 2028)

Immunohistochemistry Regional Outlook (Revenue, USD Million, 2017 - 2028)

List of Key Players of Immunohistochemistry Market

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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