The global in-vitro toxicology testing market is anticipated to grow at a lucrative CAGR of 10.5% during the forecast period (2023-2030). Investigating the potential toxicity of any new drug is vital for its progress into the marketplace; however, the precise moment at which toxicity studies are performed during the drug development process can ultimately dictate its success or failure. In vitro toxicity assays are some of the most useful preclinical methods of not only determining a drug’s safety profile but also providing an opportunity for researchers to improve its properties before reaching clinical trials. Hence, the high demand for in-vitro toxicology during drug development process is a key factor driving the growth of the global in-vitro toxicology testing market.
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According to the Pharmaceutical Research and Manufacturers of America, there are more than 400 medicines in development for leading chronic diseases affecting older Americans. The high prevalence of chronic disorder across the region due to huge geriatric population and heavy investment in pharma R&D has led to development of medicines in pre-clinical stage. The high number of drug entering development process has driven the growth of the global in-vitro toxicology testing market.
Market Coverage
- The market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2023-2030
- Segment Covered-
o By Technology
o By Method
o By Application
o By End-User
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- including Abbott Laboratories, Bio-Rad Laboratories, Laboratory Corporation of America Holdings, Agilent Technologies Inc., and Eurofins Scientific SE among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global In-vitro Toxicology Testing Market Report Segment
By Technology
- Cell Culture
- High Throughput
- Molecular Imaging
- OMICS)
By Method
- Cellular Assay
- Biochemical Assay
- In Silica
- Ex Vivo
By Application
- Systematic Toxicology
- Dermal Toxicity
- Endorine Disruption
- Occular Toxicity
- Other Applications
By End-User
- Pharmaceutical and Biotechnology
- Diagnostics
- Other End-Users
A full report of In-vitro Toxicology Testing Market available @ https://www.omrglobal.com/industry-reports/in-vitro-toxicology-testing-market
Global In-vitro Toxicology Testing Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Abbott Laboratories
- Agilent Technolgies, Inc.
- BioIVT
- Bio-Rad Laboratories, Inc.
- Catalent, Inc.
- Charles River Laboratories International, Inc.
- Danaher Corp.
- Eurofins Scientific
- Evotec S.E.
- Gentronix
- Laboratory Corporation of America Holdings
- Merck KGaA
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- We cover more than 15 major industries, further segmented into more than 90 sectors.
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