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Global In-vitro toxicology testing Market Strategic Business Forecast Report

Market Data Forecast
Posted on: 28 Oct 16
Global In-vitro toxicology testing Market Strategic Business Forecast Report

According to the report “In-Vitro Toxicology Testing Market”, published by market Data Forecast, the global market is projected to reach USD 27.38 billion by 2021, at a CAGR of 14.10% from 2016 to 2021.

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In-vitro toxicology testing is the scientific analysis of toxic effects produced by chemical substances on cultured mammalian cells or bacteria. Toxicity testing is very essential in drug discovery as identifies the toxic effects of new compound in the early stages of drug discovery. This early detection of toxicity reduces the development cost and time.

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Global In-Vitro Toxicology Testing market is expected to witness growth owing to increasing technological advancements, rising research & development in cell culture, growing demand for in-vitro toxicology tests over the conventional in-vivo tests, increasing awareness towards toxicity testing studies, rising health-consciousness amongst individuals, growing economic status in emerging nations, existence of favorable regulatory authorities for toxicology testing using the in-vitro tests.

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Global market for In-Vitro Toxicology Testing is segmented on the basis of product, type, toxicity endpoints & tests, technology, method, and industry.

On the basis of Product
•Reagents & Labware

On the basis of Type
•ADME (Absorption, Distribution, Metabolism, & Excretion)
•Toxic Substance

On the basis of Toxicity endpoints & Tests 
•Systemic Toxicity 
•Dermal Toxicity 
•Ocular Toxicity 
•Skin Sensitization & Irritation 
•Organ Toxicity 
•Other Toxicity Endpoints & Tests

On the basis of Technology
•OMICS Technologies 
•Cell Culture Technology 
•High-Throughput Technologies 
•Molecular Imaging Technologies

On the basis of Method
•In-Silico Methods 
•Biochemical Assays 
•Cellular Assays 
•Ex-Vivo Models

On the basis of Industry
•Cosmetics and Household Products 
•Food Industry 

On the basis of Geography
•North America
•Latin America
•Middle East & Africa

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The key players in global in-vitro toxicology testing market include, Covance, Inc.  (A subsidiary of LabCorp) (U.S.), Agilent Technologies, Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Eurofins Scientific SE (Luxembourg), General Electric Company (U.S.), BioReliance, Inc. (A subsidiary of Merck & Co, Inc.) (U.S.), Charles River Laboratories International, Inc. (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Catalent (U.S.), and Cyprotex (U.K.), among others.

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About Market Data Forecast:
Market Data Forecast is a firm working in the areas of market research and business intelligence. We have rich experience in research across major industry segments like Healthcare, Agriculture, Food & Beverages etc. and we cater to the needs of both individual and corporate clients. Our research services contribute to key business areas like business process improvement, key decision making and developing appropriate corporate strategy. We are truly committed to our clients and other stakeholders for providing customized research services of the highest quality all the while being an organization that’s trusted for its integrity, respected for its accountability, and admired for its excellence, by both clients and competitors alike.

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Market Data Forecast

Last updated on: 28/10/2016

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