South Africa Immunohistochemistry Market Size & Outlook
South Africa immunohistochemistry market, 2018-2030 (US$M)
Related Markets
South Africa immunohistochemistry market highlights
- The South Africa immunohistochemistry market generated a revenue of USD 21.9 million in 2023 and is expected to reach USD 34.7 million by 2030.
- The South Africa market is expected to grow at a CAGR of 6.8% 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 21.9 million |
| Market revenue in 2030 | USD 34.7 million |
| Growth rate | 6.8% (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, South Africa accounted for 0.9% 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 |
|---|
South Africa 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 41.1% in 2023. Horizon Databook has segmented the South Africa immunohistochemistry market based on antibodies, reagents, equipment, kits covering the revenue growth of each sub-segment from 2018 to 2030.
According to Globocan, in 2018, around 107,467 new cases of cancer were diagnosed in South Africa, which led to around 57,373 deaths. According to International Diabetes Federation (IDF) Diabetes Atlas, in 2019, around 12.7% of the South African population aged 20 years to 79 years were suffering from diabetes.
Around 89,800 South Africans died due to diabetes in the same year. The high prevalence of chronic diseases is expected to create major opportunities in the regional market over the forecast period. However, factors such as lack of awareness and limited availability of advanced diagnostic technologies are anticipated to limit market growth in the region.
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Target buyers of South Africa 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 South Africa immunohistochemistry market , including forecasts for subscribers. This country databook contains high-level insights into South Africa immunohistochemistry market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa immunohistochemistry market size, by product, 2018-2030 (US$M)
South Africa Immunohistochemistry Market Outlook Share, 2023 & 2030 (US$M)
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