Immunohistochemistry Market, by Product (Antibodies, Consumables, Equipment), by Application (In Vitro Diagnostic Application, Research Application, Other), by End User (Hospitals, Diagnostic Laboratories, Academic & Research Institutes, Others) by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa), - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
In histology, immunohistochemistry (IHC) is used to identify the presence of a particular protein marker that can aid in the accurate classification and diagnosis of tumors. Antibodies are used in immunohistochemistry (IHC) to locate proteins and other antigens in tissue sections. Either chromogenic detection using a colored enzyme substrate or fluorescence detection with a fluorescent dye is used to observe antibody-antigen interaction.
Market Dynamics
The increasing prevalence of chronic diseases, rising research and development activities for the development of innovative product, and increasing adoption of inorganic growth strategies such as mergers, acquisitions, partnerships, and collaborations by key players operating in market are the major factors that are expected to drive growth of the global immunohistochemistry market over the forecast period.
For instance, in June 2022, Lupin, an India-based biopharmaceutical company, announced the opening of its first regional reference laboratory in Patna, Bihar. A wide range of standard and specialist tests in the disciplines of molecular diagnostics, cytology, microbiology, serology,hematology, immunology, and normal biochemistry can be performed at the new regional reference laboratory in Patna.
According to an article by the Elsevier Inc., published in July 2021, the contribution of non-communicable neurological disorders to total disability-adjusted life-years (DALYs) in India doubled from 4
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