The immunohistochemistry transmitter markers market focuses on distributing and utilizing immunohistochemistry transmitter markers. Immunohistochemistry (IHC) is a technique used to detect antigens or haptens in cells of tissue sections by utilizing antibodies that specifically bind to antigens in biological tissues. These immunohistochemical markers are proteins that assist medical professionals in differentiating between different types of cancer.
According to Data Bridge Market Research, the Immunohistochemistry Transmitter Markers Market is expected to grow with a CAGR of 4.7% in the forecast period of 2022 to 2029.
“Growing targeted diseases propels the market’s growth”
The rising incidence of cancer and the increasing prevalence of chronic and infectious diseases worldwide are key drivers for the market's growth. As cancer cases continue to rise, the demand for immunohistochemistry transmitter markers also increases. Additionally, the growing burden of chronic and infectious diseases necessitates the development of new therapies and healthcare technologies. These factors contribute to the expansion of the market as healthcare providers strive to meet the growing healthcare needs of the population.
What restraints the growth of the immunohistochemistry transmitter markers market?
“High cost associated with immunohistochemistry tests restraints the market’s growth“
The growth of the immunohistochemistry transmitter markers market is hindered by the high cost associated with immunohistochemistry tests. The expenses involved in acquiring equipment, reagents, and skilled personnel can be substantial, limiting the adoption of these tests in various healthcare settings. Moreover, the cost burden is amplified by limited reimbursement policies and coverage for immunohistochemistry procedures. The high cost of these tests poses a barrier to accessibility, which in turn affects the market growth and adoption rates among healthcare providers and institutions.
Segmentation: Immunohistochemistry Transmitter Markers Market
The immunohistochemistry transmitter markers market is segmented on the basis of product, protein detection, application and end-users.
- On the basis of product, the immunohistochemistry transmitter markers market has been segmented into antibodies, equipment and reagents.
- On the basis of protein detection, the immunohistochemistry transmitter markers market has been segmented into cytokeratins, vimentin, leukocyte common antigen, CD20, CD34, smooth muscle actin, desmin, S- 100 and HMB- 45.
- On the basis application, the immunohistochemistry transmitter markers market has been segmented into diagnostics and drug testing.
- On the basis end-users, the immunohistochemistry transmitter markers market has been segmented into hospitals and diagnostics centers, research institutes and other end- users.
Regional Insights: North America dominates the immunohistochemistry transmitter markers market
North America dominates the immunohistochemistry transmitter markers market owing to the high prevalence of cancer and other chronic diseases, increased research partnerships, and well-established healthcare infrastructure. These elements contribute to the expanding opportunities for the market, allowing for advancements in diagnostic and therapeutic approaches.
Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 due to the rapid increase in the geriatric population, a rise in the prevalence of chronic ailments, substantial investments in diagnostic research by academic and government institutions, and the presence of numerous market players within the region. These combined factors contribute to a favorable environment for expanding the immunohistochemistry transmitter markers market, enabling advancements in diagnostic capabilities and improved patient care in the region.
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Recent Development
- In August 2021, the FDA approved Roche's VENTANA MMR RxDx Panel to identify dMMR solid tumour patients who are candidates for anti-PD-1 immunotherapy.
- In August 2021, Agilent's PD-L1 IHC 22C3 pharmDx assay for identifying oesophageal cancer patients for treatment with KEYTRUDA received a CE-IVD mark in Europe.
- In March 2021, The DISCOVERY Green HRP kit from Roche was developed to detect and profile biomarkers and cell populations in tissue-based research. This kit can be used in conjunction with other detection kits to increase the in situ hybridization and immunohistochemistry multiplexing capacity.
The Prominent Key Players Operating in the Immunohistochemistry Transmitter Markers Market Include:
- Sino Biological Inc. (China)
- BioGenex (U.S.)
- Bio SB (U.S.)
- Cell Signaling Technology, Inc. (U.S.)
- Abcam plc (U.K.)
- PerkinElmer Inc. (U.S.)
- Agilent Technologies, Inc. (U.S.)
- Merck KGaA (Germany)
- F. Hoffmann-LA Roche AG (Switzerland)
- Thermo Fisher Scientific (U.S.)
- Bio-Rad Laboratories, Inc. (U.S.)
- Perkinelmer, Inc. (U.S.)
Above are the key players covered in the report, to know about more and exhaustive list of immunohistochemistry transmitter markers market companies contact, https://www.databridgemarketresearch.com/zh/contact
Research Methodology: Global Immunohistochemistry Transmitter Markers Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.