The global demand for In-Vitro Toxicology Testing Market is presumed to reach the valuation of nearly USD XX MN by 2027 from USD XX MN in 2020 with a CAGR of XX% under the study period of 2021 - 2027.
In vitro toxicology testing is a scientific method used to examine the toxic properties of chemical compounds and mixtures on cells or tissues maintained or grown in controlled laboratory conditions. This analysis method is used in the early stages of developing new therapeutic drugs, agricultural chemicals, and food additives. Several in vitro screening assays are available to measure the specific biological activities of chemicals in particular cells or organs and elucidate the action mechanisms. The assay choice depends on the cell type and an in-depth understanding of the relation between a chemical's toxicity and the biological pathways crucial for efficient testing.
The growing popularity of the cost-effective In vitro toxicity testing method because of faster test results than toxicology studies in living animals is the main driver for this growth. This laboratory testing method can help manufacturers get their products to the market faster and reduce overall costs. The continued development of assays to test a wide range of chemicals used in several end-user industries like solvents, dyes, preservatives, plasticizers, therapeutic agents, drinking water-disinfection byproducts, etc. will benefit market growth. The increased use of this testing method in the robust cosmetics industry will be a market booster. A major roadblock for this market is the limited biological space covered by a specific assay and lack of knowledge regarding the complicated mechanism involved in a chemical's toxicity.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of in-vitro toxicology testing.
The report segments the anthracite market and analyses it with respect to the geography, intending to keep the marketer informed and help them identify the target demographics for the product or service.
- Cell Culture Technology
- High Throughput Technology
- Molecular Imaging
- OMICS Technology
- Cellular Assay
- Biochemical Assay
- In Silico
- Systemic Toxicology
- Dermal Toxicity
- Endocrine Disruption
- Ocular Toxicity
- Pharmaceutical Industry
- Cosmetics & Household Products
- Chemicals Industry
- Food Industry
This section covers regional segmentation which accentuates on current and future demand for In-Vitro Toxicology Testing market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe In-Vitro Toxicology Testing Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the In-Vitro Toxicology Testing market include Agilent Technologies, Abbott, Bio-Rad Laboratories, Inc., Merck KGaA, Charles River, Thermo Fisher Scientific Inc., Catalent, Inc., Eurofins Scientific, GE Healthcare, Quest Diagnostics Incorporated, Laboratory Corporation of America Holdings, Evotec, Creative Bioarray, Gentronix, HD Biosciences Co., Ltd. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.