U.S. Immunohistochemistry Market Size & Outlook, 2023-2030
U.S. immunohistochemistry market, 2018-2030 (US$M)
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U.S. immunohistochemistry market highlights
- The U.S. immunohistochemistry market generated a revenue of USD 774.3 million in 2023 and is expected to reach USD 1,073.1 million by 2030.
- The U.S. market is expected to grow at a CAGR of 4.8% 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 774.3 million |
| Market revenue in 2030 | USD 1,073.1 million |
| Growth rate | 4.8% (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, U.S. accounted for 32.9% 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 North America, U.S. immunohistochemistry market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 184.5 million by 2030.
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Immunohistochemistry Market Scope
Immunohistochemistry Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 40.53% in 2023. Horizon Databook has segmented the U.S. immunohistochemistry market based on antibodies, reagents, equipment, kits covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. accounted for the leading share in North America. Key factors contributing to its dominance include the local presence of major market players, easy availability of IHC solutions, higher adoption of technologically advanced IHC instruments, and entry of newer IHC solutions.
For instance, in April 2019, Agilent Technologies, Inc., a U.S.-based diagnostic solutions provider, received FDA approval for PD-L1 IHC 22C3 pharmDx assay, intended for diagnosis of Non-small Cell Lung Carcinoma (NSCLC).
The increasing prevalence of cancer, infectious diseases, cardiovascular diseases, and autoimmune diseases in the U.S. is anticipated to significantly drive the demand for IHC solutions and support is market growth in the coming years.
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Target buyers of U.S. 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 U.S. immunohistochemistry market , including forecasts for subscribers. This country databook contains high-level insights into U.S. immunohistochemistry market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. immunohistochemistry market size, by product, 2018-2030 (US$M)
U.S. Immunohistochemistry Market Outlook Share, 2023 & 2030 (US$M)
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