Canada Immunohistochemistry Market Size & Outlook
Canada immunohistochemistry market, 2018-2030 (US$M)
Related Markets
Canada immunohistochemistry market highlights
- The Canada immunohistochemistry market generated a revenue of USD 122.8 million in 2023 and is expected to reach USD 184.5 million by 2030.
- The Canada market is expected to grow at a CAGR of 6% 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 122.8 million |
| Market revenue in 2030 | USD 184.5 million |
| Growth rate | 6% (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, Canada accounted for 5.2% 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 North America, U.S. immunohistochemistry market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 184.5 million by 2030.
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Immunohistochemistry Market Scope
Immunohistochemistry Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 41.21% in 2023. Horizon Databook has segmented the Canada immunohistochemistry market based on antibodies, reagents, equipment, kits covering the revenue growth of each sub-segment from 2018 to 2030.
According to the Canadian Cancer Society, cancer is a leading cause of death in Canada. Around 225,800 new cases of cancer and 83,300 deaths from cancer are estimated to occur in Canada in 2020. According to Diabetes Canada, in 2019, around 3,655,000 people or 9.0% of the Canadian population were diagnosed with diabetes type 1 and type 2.
Thus, there is an increasing need for novel IHC techniques for rapid diagnosis of cancer and other chronic diseases in the country, which is expected to create growth opportunities over the forecast period.
Furthermore, the Canadian government is undertaking several initiatives to develop healthcare infrastructure. According to the Canadian Institute for Health Information (CIHI), total national healthcare spending in 2019 was estimated to reach USD 264 billion (USD 7,068 per individual).
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Target buyers of Canada immunohistochemistry market databook
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Our clientele includes a mix of immunohistochemistry market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada immunohistochemistry market , including forecasts for subscribers. This country databook contains high-level insights into Canada immunohistochemistry market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada immunohistochemistry market size, by product, 2018-2030 (US$M)
Canada Immunohistochemistry Market Outlook Share, 2023 & 2030 (US$M)
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