The toxicology testing market includes safety assessment of chemicals, drugs, cosmetic products, food additives, etc, without using animals as test models. This testing is performed on advance cell and tissue models to determine safety by studying the potential of the test substances to cause toxicity, such as genotoxicity, skin irritation and sensitization, cytotoxicity, ocular toxicity, organ toxicity, phototoxicity, dermal toxicity, and other toxicities.
Scope of the Report:This report studies the Toxicology Testing market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Toxicology Testing market by product type and applications/end industries.
The regular use of toxicology testing in pharmaceutical and biotechnology industries is estimated to be one of the primary growth factors for the toxicology testing market. Increasing number of pharmaceutical and biotechnology companies are being set up to cater to the growing population and their demand for new drug therapies. Toxicology testing is carried out to prevent late-stage failures in the discoveries of the chemicals used. Additionally, this test checks the appropriate balance of potency, efficacy, safety, and favorable pharmacokinetics of the drug, to ensure it is safe.
In the Americas, US and Canada is estimated to be the major revenue contributor to the toxicology testing market. The biotechnology and pharmaceutical industries in these regions are adopting toxicity testing techniques supported by theÊhealthcareÊexpenditure and increasing emphasis on the development of new and prominent drug assessment techniques.
The global Toxicology Testing market is valued at xx million USD in 2020 and is expected to reach xx million USD by the end of 2026, growing at a CAGR of xx% between 2020 and 2026.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Toxicology Testing.
Europe also play important roles in global market, with market size of xx million USD in 2020 and will be xx million USD in 2026, with a CAGR of xx%.
Market Segment by Companies, this report covers Alere
Bioreliance
Catalent
Criver
Cyprotex
Eurofins Scientific
Quest Diagnostics
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Cell Culture Technology
High Throughput Technologies
Molecular Imaging Technologies
Omics Technologies
Market Segment by Applications, can be divided into Pharmaceutical Industry
Chemical Industry
Food Industry
Others
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
