This research study involved the extensive use of secondary sources, directories, and databases to identify and collect valuable information for the analysis of the global Immunohistochemistry market. In-depth interviews were conducted with various primary respondents, including key industry participants, subject-matter experts (SMEs), C-level executives of key market players, and industry consultants, to obtain and verify critical qualitative and quantitative information and assess growth prospects of the market. The global market size estimated through secondary research was then triangulated with inputs from primary research to arrive at the final market size.
Secondary Research
The secondary sources referred to for this research study include publications from government sources [such as the World Bank, World Health Organization (WHO), United States Food and Drug Administration (US FDA), European Medicines Agency (EMA), National Centre for Biotechnology Information (NCBI), Therapeutic Goods Administration (TGA), and Centers for Disease Control and Prevention (CDC)]; sites like ClinicalTrials.gov, fiercebiotech, and annual reports; SEC filings; press releases; investor presentations; journals; expert interviews; MarketsandMarkets analysis; business magazines and research journals; press releases; and trade, business, and professional associations. Secondary data was collected and analyzed to arrive at the overall size of the global immunohistochemistry market, which was validated through primary research.
Primary Research
After acquiring basic knowledge about the global immunohistochemistry market scenario through secondary research, extensive primary research was conducted. Several primary interviews were conducted with market experts from both the supply and the demand side participants (such as clinical diagnostic laboratories, hospitals, etc. ) across four major regions—North America, Europe, the Asia Pacific, and the Rest of the World. Approximately 80% and 20% of primary interviews were conducted with supply-side and demand-side participants, respectively. This primary data was collected through questionnaires, e-mails, online surveys, personal interviews, and telephonic interviews. The following is a breakdown of the primary respondents:
The following is a breakdown of the primary respondents:
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Market Size Estimation
The global size of the immunohistochemistry market was estimated through different approaches. A detailed market estimation approach was followed to estimate and validate the global market value and other dependent submarkets, as mentioned below. Both top-down and bottom-up approaches were used to estimate and validate the total size of the immunohistochemistry (IHC) market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
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The key players in the industry and market have been identified through extensive secondary research
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The revenues generated from the immunohistochemistry business of leading players have been determined through primary and secondary research
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All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Approach 1: Company Revenue Analysis (Bottom-Up Approach)
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Revenues for individual companies were gathered from public sources and databases.
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The immunohistochemistry (IHC) business share of leading players was gathered from secondary sources to the extent available. In certain cases, the share of IHC product businesses was ascertained through a detailed analysis of various parameters, including product portfolios and market positioning.
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Individual share or revenue estimates were validated through expert interviews.
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Approach 2: Top-Down Approach
The segmental assessment was conducted using the following approaches:
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Approach for Offerings: Revenue contributions/splits of different segments to the total revenues of leading market players (wherever available) and respective growth trends were derived through extensive primary and secondary analysis.
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Approach for Application: Splits for segments were derived by studying the product portfolios offered for various applications. This information was validated through primary interviews.
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Approach for End User: Splits for segments were derived by analyzing the views on the adoption of various products obtained from primary and secondary data for end users considered in the study.
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Approach for Region: The regional assessment was conducted by studying the regional revenue contributions/splits of leading market players (wherever available) and their respective growth trends.
Data Triangulation
After arriving at the market size from the market size estimation process explained above, the total market was divided into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, data triangulation and market breakdown procedures were employed, wherever applicable.
Market Definition:
Immunohistochemistry (IHC) is a laboratory technique that uses antibodies to test detect and visualize specific proteins or antigens within tissue sections utilizing a combination of immunological, anatomical, and biochemical techniques. This method involves the binding of antibodies that are conjugated to a detectable marker, such as an enzyme or fluorescent dye, to the target tissues. These antibodies bind to their target antigens, allowing for the localization and quantification of the proteins within the tissue. There are multiple approaches used in immunohistochemistry for drug testing and the diagnosis of chronic diseases, such as cancer, infectious diseases, cardiovascular diseases, diabetes, and autoimmune diseases.
Key Stakeholders
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Manufacturers and Distributors of Immunohistochemistry Products
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Third-party Suppliers of Immunohistochemistry Products
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Contract Research Organizations
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Market Research and Consulting Firms
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R&D Centers and Institutes
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Hospitals and Clinics
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Academic Institutions
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Diagnostic Laboratories
Report Objectives
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To define, describe, and forecast the Immunohistochemistry market by product, application, end user, and region.
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To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges).
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To strategically analyze the micro markets with respect to individual growth trends, prospects, and contributions to the overall market.
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To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders.
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To forecast the size of market segments with respect to six main regions, namely, North America, Europe, the Asia Pacific (APAC), Latin America, the Middle East and Africa.
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To profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies.
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To track and analyze competitive developments such as acquisitions, collaborations, and product launches in the Immunohistochemistry market.
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To benchmark players within the market using the proprietary "Competitive Leadership Mapping" framework, which analyzes market players on various parameters within the broad categories of business and product strategy.
Available Customizations
With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for this report:
Company Information
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Detailed analysis and profiling of additional market players (up to 5), inclusive of:
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Business Overview
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Financial Information
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Product Portfolio
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Developments (Last Three Years)
Henry
Oct, 2022
What are the growth estimates for the Global Immunohistochemistry Market by 2030?.
Thomas
Oct, 2022
Which geography holds the major share of the Global Immunohistochemistry Market?.
Freddie
Oct, 2022
Want to know more about growth strategies adopted by key players of the global Immunohistochemistry Market..