Immunohistochemistry Market Size, Share & Forecast | 2022-27

 

Market Overview:

According to forecasts, the market for immunohistochemistry will expand at a CAGR of nearly 7.3%.

The SARS-CoV-2 outbreak became apparent as a potential window of opportunity for market expansion. The immunofluorescence assay is being examined by numerous research institutions and biopharmaceutical businesses in an effort to make it a useful diagnostic tool. The design of a cell-based fluorescent serology assay to detect SARS-CoV-2 infection is mentioned in the April 2021 article “A Novel Immunofluorescence Assay for the Rapid Serological Detection of SARS-CoV-2 Infection.” The assay is based on the exogenous expression of SARS-COV-2 spike in cells to capture Ig G antibodies in the serum of COVID-19-positive patients, followed by their fluorescent detection. The development of the market is anticipated to be impacted by these novel immunofluorescent assays used to detect COVID-19 infections.

The major factor attributing to the growth of the market is the increase in the incidence of cancer as immunohistochemistry is majorly used to diagnose cancer and other diseases which include antigen-antibody reaction.

Scope of the Report:

According to the report’s purview, immunohistochemistry (IHC) uses the idea of antibodies specifically binding to antigens in biological tissues to detect antigens or haptens in cells of a tissue section. The market for immunohistochemistry is divided into three categories: product (antibodies, tools, and reagents), application (diagnostics, and drug testing), and geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). Additionally, the market report includes projected market sizes and trends for 17 different countries across the world’s major geographic regions. The report provides the value for the aforementioned segments (in USD million).

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