Australia Immunohistochemistry Market Size & Outlook
Australia immunohistochemistry market, 2018-2030 (US$M)
Related Markets
Australia immunohistochemistry market highlights
- The Australia immunohistochemistry market generated a revenue of USD 26.8 million in 2023 and is expected to reach USD 43.2 million by 2030.
- The Australia market is expected to grow at a CAGR of 7.1% from 2024 to 2030.
- In terms of segment, antibodies was the largest revenue generating product in 2023.
- Antibodies is the most lucrative product segment registering the fastest growth during the forecast period.
Immunohistochemistry market data book summary
| Market revenue in 2023 | USD 26.8 million |
| Market revenue in 2030 | USD 43.2 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Antibodies |
| Fastest growing segment | Antibodies |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Antibodies, Reagents, Equipment, Kits |
| Key market players worldwide | Thermo Fisher Scientific Inc, Roche Holding AG, Merck KGaA, Danaher Corp, PerkinElmer, Bio-Rad Laboratories Inc, Agilent Technologies Inc, Abcam PLC, Cell Signaling Technology, Bio SB |
Other key industry trends
- In terms of revenue, Australia accounted for 1.1% of the global immunohistochemistry market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan immunohistochemistry market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 228.3 million by 2030.
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Immunohistochemistry Market Scope
Immunohistochemistry Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia immunohistochemistry market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to immunohistochemistry market will help companies and investors design strategic landscapes.
Antibodies was the largest segment with a revenue share of 41.79% in 2023. Horizon Databook has segmented the Australia immunohistochemistry market based on antibodies, reagents, equipment, kits covering the revenue growth of each sub-segment from 2018 to 2030.
As per Cancer Council Australia, around 50,000 people died due to cancer in 2019. According to the same source, in 2020, around 150,000 new cases of cancer are expected to be diagnosed in Australia. Also, as per a study published by Australian Bureau of Statistics, between 2017 and 2018, 4.9% of Australian population or 1.2 million people had diabetes.
This showcases the major burden of cancer and diabetes in the country, which is anticipated to drive the demand for IHC products. Furthermore, as per a UN report, the geriatric population in Australia also reached over 5.12 million in 2017, while the overall population of Australia was 24.4 million.
This immense increase in the geriatric population and rise in the prevalence of chronic diseases are among the factors expected to propel the growth of Australia’s IHC market over the forecast period.
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Our clientele includes a mix of immunohistochemistry market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia immunohistochemistry market , including forecasts for subscribers. This country databook contains high-level insights into Australia immunohistochemistry market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia immunohistochemistry market size, by product, 2018-2030 (US$M)
Australia Immunohistochemistry Market Outlook Share, 2023 & 2030 (US$M)
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