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.
For full report refer to http://www.marketdataforecast.com/market-reports/global-in-vitro-toxicology-testing-market-184/
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.
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)
On the basis of Toxicity endpoints & Tests
•Skin Sensitization & Irritation
•Other Toxicity Endpoints & Tests
On the basis of Technology
•Cell Culture Technology
•Molecular Imaging Technologies
On the basis of Method
On the basis of Industry
•Cosmetics and Household Products
On the basis of Geography
•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.
About Market Data Forecast:
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Last updated on: 28/10/2016
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