Saudi Arabia Immunohistochemistry Market Size & Outlook
Saudi Arabia immunohistochemistry market, 2018-2030 (US$M)
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Saudi Arabia immunohistochemistry market highlights
- The Saudi Arabia immunohistochemistry market generated a revenue of USD 15.3 million in 2023 and is expected to reach USD 25.0 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 7.3% 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 15.3 million |
| Market revenue in 2030 | USD 25.0 million |
| Growth rate | 7.3% (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, Saudi Arabia accounted for 0.6% 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 Middle East & Africa, South Africa immunohistochemistry market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 25.0 million by 2030.
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Immunohistochemistry Market Scope
Immunohistochemistry Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 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 41.18% in 2023. Horizon Databook has segmented the Saudi Arabia immunohistochemistry market based on antibodies, reagents, equipment, kits covering the revenue growth of each sub-segment from 2018 to 2030.
According to the World Bank, the Saudi Arabian government spent 5.74% of its GDP on healthcare in 2016. According to Globocan, in 2018, around 24,485 new cases of cancer were diagnosed in Saudi Arabia, which led to around 10,518 deaths.
Moreover, according to NCBI, in 2018 prevalence of hypertension was 17.7% in men and 12.5% in women. The high prevalence of chronic diseases in Saudi Arabia is expected to propel the growth of Saudi Arabia’s IHC market.
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Target buyers of Saudi Arabia 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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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 country-level data and insights on the Saudi Arabia immunohistochemistry market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia immunohistochemistry market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia immunohistochemistry market size, by product, 2018-2030 (US$M)
Saudi Arabia Immunohistochemistry Market Outlook Share, 2023 & 2030 (US$M)
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