Immunohistochemistry Market Size, Share, Growth Analysis, By Product (Antibodies (Primary antibodies, Secondary antibodies) clonality (Monoclonal antibodies, Polyclonal antibodies), Reagents (Histological Stains), By Application (Diagnostic applications (Cancer, Infectious diseases, Autoimmune diseases, Nephrological diseases), By End-user (Hospitals & Diagnostic Laboratories, Academic Institutions & Contract Research Organizations (CROs), Other end users (Pharmaceutical & Biopharma Companies, and Forensic Laboratories)), By Region - Industry Forecast 2024-2031

Immunohistochemistry Market Drivers

Growing Incidence of Chronic Diseases 

• Immunohistochemistry plays a vital role in the diagnostics of multiple chronic diseases, and this is why as the prevalence of chronic diseases increases around the world it is also expected to influentially drive up the demand for immunohistochemistry products and technologies as well.  

Rising Demand for Personalized Medicine 

• Personalized medicine has gained massive popularity around the world and its growing demand is also expected to benefit market growth. Immunohistochemistry helps in identifying specific molecular markers for tailored treatments, especially in cancers indications such as breast, lung, and colorectal thereby favoring market development.  

Immunohistochemistry Market Restraints 

High Costs of Immunohistochemistry Equipment and Consumables 

• Immunohistochemistry products and technologies are quite expensive as they utilize advanced technologies and require substantial investments in research. These high costs limit adoption in establishments with limited spending potential and thereby hurt market growth.  

Dearth of Skilled Professionals 

• The world is witnessing a major absence of skilled professionals to handle immunohistochemistry operations and products. This dearth of skilled professionals to interpret accurate immunohistochemistry results has led to slowed immunohistochemistry demand outlook in most parts of the world.