India Immunohistochemistry Market Size & Outlook
India immunohistochemistry market, 2018-2030 (US$M)
Related Markets
India immunohistochemistry market highlights
- The India immunohistochemistry market generated a revenue of USD 96.3 million in 2023 and is expected to reach USD 162.6 million by 2030.
- The India market is expected to grow at a CAGR of 7.8% 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 96.3 million |
| Market revenue in 2030 | USD 162.6 million |
| Growth rate | 7.8% (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, India accounted for 4.1% 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 |
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India 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 41.64% in 2023. Horizon Databook has segmented the India immunohistochemistry market based on antibodies, reagents, equipment, kits covering the revenue growth of each sub-segment from 2018 to 2030.
As per Cancer India, in 2018, 2.25 million people were suffering from cancer and 11,57,294 new cancer cases are diagnosed every year. In addition, as per International Diabetes Federation, in 2018, the prevalence of diabetes in India was 8.8%, while the total number of cases of diabetes was 72,946,400.
The India IHC market is anticipated to grow at a lucrative rate owing to the rise in the incidence of chronic diseases such as diabetes and cancer. As per WHO, India has witnessed major outbreaks of infectious diseases such as Nipah Virus in 2018, Zika Virus in 2017, Swine flu in 2015, and Chikungunya in 2006.
The increasing burden of infectious diseases has led to a rise in the number of government initiatives and awareness programs in the country, thus creating lucrative growth opportunities in India’s IHC market. Furthermore, the growing presence of major global players is expected to increase the country’s access to novel IHC solutions.
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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 India immunohistochemistry market , including forecasts for subscribers. This country databook contains high-level insights into India immunohistochemistry market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India immunohistochemistry market size, by product, 2018-2030 (US$M)
India Immunohistochemistry Market Outlook Share, 2023 & 2030 (US$M)
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