Europe Immunohistochemistry Market Size & Outlook

The immunohistochemistry market in Europe is expected to reach a projected revenue of US$ 920.8 million by 2030. A compound annual growth rate of 5.6% is expected of Europe immunohistochemistry market from 2024 to 2030.
Revenue, 2023 (US$M)
$630.5
Forecast, 2030 (US$M)
$920.8
CAGR, 2024 - 2030
5.6%
Report Coverage
Europe

Europe immunohistochemistry market, 2018-2030 (US$M)

Europe

Europe immunohistochemistry market highlights

  • The Europe immunohistochemistry market generated a revenue of USD 630.5 million in 2023.
  • The market is expected to grow at a CAGR of 5.6% 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.
  • Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 630.5 million
Market revenue in 2030USD 920.8 million
Growth rate5.6% (CAGR from 2023 to 2030)
Largest segmentAntibodies
Fastest growing segmentAntibodies
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAntibodies, Reagents, Equipment, Kits
Key market players worldwideThermo 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, Europe region accounted for 26.8% of the global immunohistochemistry market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 854.3 million by 2030.

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Immunohistochemistry Market Companies

Name Profile # Employees HQ Website

Europe 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 41.74% in 2023. Horizon Databook has segmented the Europe immunohistochemistry market based on antibodies, reagents, equipment, kits covering the revenue growth of each sub-segment from 2018 to 2030.


Key countries in the European region include Germany, the UK, France, Italy, Spain, and Russia. Europe was the second-largest market with a revenue share of USD 465.10 million in 2019. Germany and the UK are major contributors to Europe IHC market, accounting for 48.3% in 2019 collectively. 

The IHC market in Europe is expected to exhibit steady growth over the forecast period owing to presence of wellestablished healthcare system and growing biotechnology industry. Moreover, increasing prevalence of chronic diseases and rising geriatric population in this region is also one of the significant factors driving the market growth.

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Target buyers of Europe immunohistochemistry market databook

  • Our clientele includes a mix of immunohistochemistry market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Europe immunohistochemistry market , including forecasts for subscribers. This continent databook contains high-level insights into Europe immunohistochemistry market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe immunohistochemistry market size, by country, 2018-2030 (US$M)

Europe Immunohistochemistry Market Outlook Share, 2023 & 2030 (US$M)

Europe immunohistochemistry market size, by country, 2018-2030 (US$M)

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