Mexico Immunohistochemistry Market Size & Outlook

The immunohistochemistry market in Mexico is expected to reach a projected revenue of US$ 62.1 million by 2030. A compound annual growth rate of 7.4% is expected of Mexico immunohistochemistry market from 2024 to 2030.
Revenue, 2023 (US$M)
$37.6
Forecast, 2030 (US$M)
$62.1
CAGR, 2024 - 2030
7.4%
Report Coverage
Mexico

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

Mexico

Mexico immunohistochemistry market highlights

  • The Mexico immunohistochemistry market generated a revenue of USD 37.6 million in 2023 and is expected to reach USD 62.1 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 7.4% 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 2023USD 37.6 million
Market revenue in 2030USD 62.1 million
Growth rate7.4% (CAGR from 2023 to 2030)
Largest segmentAntibodies
Fastest growing segmentAntibodies
Historical data2018 - 2022
Base year2023
Forecast period2024 - 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, Mexico accounted for 1.6% 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 Latin America, Brazil immunohistochemistry market is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in Latin America and is projected to reach USD 62.1 million by 2030.

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Immunohistochemistry Market Companies

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Mexico 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 40.96% in 2023. Horizon Databook has segmented the Mexico immunohistochemistry market based on antibodies, reagents, equipment, kits covering the revenue growth of each sub-segment from 2018 to 2030.


According to the UN, Mexico’s aged population (60 years or over) is estimated to increase from 10% in 2017 to 25% in 2050. According to Globocan, in 2018, around 190,667 new cases of cancer were diagnosed in Mexico, which led to around 83,476 deaths. 

Moreover, according to The Lancet, in 2016, prevalence of diabetes in Mexico increased from 7% in 2006 to 10.4% in 2016. Thus, the increase in incidence of chronic diseases and growing geriatric population are among the key factors expected to fuel Mexico’s IHC market.

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

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Mexico immunohistochemistry market size, by product, 2018-2030 (US$M)

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

Mexico immunohistochemistry market size, by product, 2018-2030 (US$M)

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