The global in-vitro toxicology testing market is expected to reach USD 10.42 Billion by 2025, from USD 6.3 Billion in 2017 growing at a CAGR of 6.5% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2017, the base year of calculation is 2017 and the forecast period is 2018 to 2025. Some of the major players operating in the global In-vitro toxicology testing market are Agilent Technologies. Alere, Beckman Coulter, Inc, Sigma-Aldrich Co. LLC, Cyprotex PLC, Dassault Systèmes, GE Healthcare, Quest Diagnostics Incorporation, Covance Inc., Eurofins Scientific, Thermo Fisher Scientific, Catalent, Inc, Charles River, MB Research Laboratories, Ascendance Biotechnology, Inc, Gentronix Limited, atalent, Inc., Merck KGaA, SGS SA, among others.
Further, In-Vitro Toxicology Testing Market report puts light on the company market share analysis and key company profiles which are the major aspects of competitive analysis. The report gives explanation on the specific and up to date information about the consumer’s demands, their preferences, and their variable likings for particular product.
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This information not only aids businesses in taking sound and proficient decisions but also helps decide the advertising, promotion, marketing and sales strategy more gainfully. In the In-Vitro Toxicology Testing Market business research report, competitor strategies are also analysed in regard of their recent developments, new product launches, joint ventures, mergers and acquisition which helps to guess the scope of improvement for the client business.
This market report defines the market trends and forecast the upcoming opportunities and threats of the in-vitro toxicology testing market in the next 8 years. In-vitro toxicology testing is performed outside the organism. In in-vitro test, isolated cells, tissue or organ are used. In-vitro test is used in the development of drug. In-vitro testing is used for eye irritation test; cytokine release expression can be measured. In-vitro testing is done in the pharmaceutical industry to study ADME study (absorption, digestion, metabolism and excretion) pharmacokinetic study.
Biochemical assays are mainly used to analyze biological activity of biologic molecule, mainly enzymatic activity. Cellular assays are performed to detect the cytotoxicity of any chemical. It is mainly done by agar diffusion method, elution method and direct contact method. Cellular assays measure the metabolic effects the drug events of cell division growth or death. Apart from that, assays are also helpful in understanding induction of new protein synthesis and protein secretion.
Major Market Drivers and Restraints:
- Increased research and development in pharmaceutical and biotechnology company
- Government support in pharmaceutical and biotechnology industry
- Advancement in technology for developing new drug.
- Latest and encouraging In-vitro technologies
- Ethics laws in opposition of testing on animals
- Downward pricing pressure owing to its commodity nature
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Market Segmentation: Global In-Vitro Toxicology Testing Market
- The global in-vitro toxicology testing market is segmented on basis of product, toxicity test, technology, industry, method, end users and geography.
- Based on product, the global in-vitro toxicology testing market is segmented into assays, services and reagents & labware. Assays are further segmented into tissue culture, receptor-binding, cell-based Elisa and western blots, enzyme toxicity, bacterial toxicity, and others.
- Based on toxicity test, the global in-vitro toxicology testing market is segmented into neurotoxicity, carcinogenicity, dermal toxicity, phototoxicity testing, organ toxicity, ocular toxicity, cytotoxicity testing, genotoxicity testing, ADME (absorption, distribution, metabolism, and excretion), skin irritation, corrosion, and sensitization.
- Based on technology, the global In-vitro toxicology testing market is segmented into cell culture technologies, high-throughput technologies, cellular imaging technologies and toxicogenomics.
- Based on industry, the global in-vitro toxicology testing market is segmented into pharmaceutical and biopharmaceutical industry, cosmetics and household products industry, food industry and chemical industry.
- Based on method, the global in-vitro toxicology testing market is segmented into cellular assays, biochemical assays and ex-vivo models.
- On the basis of end users, the global in-vitro toxicology testing market is segmented into research and educational institutes, oncology centers and others.
Competitive Analysis: Global In-Vitro Toxicology Testing Market
The global in-vitro toxicology testing market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of in-vitro toxicology testing market for global, Europe, North America, Asia Pacific and South America.
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