Mapping Progress: An Extensive Analysis of In-Vitro Toxicology Testing Research

The In-Vitro Toxicology Testing Market research report provides valuable insights by analyzing market trends and market scenarios over a defined period. It also presents manufacturing details like sales, volume, revenue, price, and gross margin. Furthermore, the import-export analysis, pricing analysis is also included in the report to understand the product demand and service. Finally, it also provides end-user application analysis, which delivers revenue, growth percentage of the product across the different applications. Moreover, the report also highlights the covid 19 impacts on the In-Vitro Toxicology Testing Market and guides in overcoming the challenges during this pandemic.

In-Vitro Toxicology Testing Market Size, Share & Trends Analysis Report By Technology (Cell Culture, High Throughput), By Method, By Application, By End-use (Diagnostics, Chemical Industry, Food Industry) and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America).

In-Vitro Toxicology Testing Market Overview

The global In Vitro Toxicology Testing Market size is projected to reach a CAGR of 10.8% from 2023-2030.

Request Research Sample Pages: https://www.delvens.com/get-free-sample/in-vitro-toxicology-testing-market

In vitro is the process that helps examine harmful chemicals over the isolated part of the organism. It is used to identify hazardous chemical substances and helps detect toxicity at the early stages of the development of new products, such as drugs, cosmetics, and food additives. In vitro, toxicity testing (IVTT) is mainly used for safety evaluation in drug development and also for ranking the chemicals according to their potency. The absorption, distribution, metabolism, excretion (ADME), dose-response, and threshold response of the drug can also be determined by in vitro toxicity testing.

The rise in the number of R&D procedures will act as a major driver accelerating the in-vitro toxicology testing market’s growth rate. Another significant factor resulting in the expansion of the market is the growing development of 3D cell culture. Furthermore, a ban on animal testing and rising environmental concerns are the major drivers that will enhance the growth of the market. Likewise, a rise the government funding for research along with favourable reimbursement policies for developing automated and technically advanced equipment for laboratory analysis will show a positive impact on the market’s growth rate. Growing healthcare expenditure, rapid urbanization, and a rise in the level of disposable incomes in developing and developed countries will influence the growth rate of the in-vitro toxicology testing market.

On the other hand, the rising number of toxicology databases and advancements in medical technology will provide beneficial opportunities for the in-vitro toxicology testing market growth. Adding to this high cost associated with testing and the scarcity of in vitro models to study complex endpoints are factors that will obstruct market growth.

The COVID-19 pandemic forced many companies in the global in vitro toxicity testing market to halt business operations for a short term to comply with new government regulations to curb the spread of the disease. This halt in operations directly impacts the revenue flow of the global in vitro toxicity testing market. In addition, there is a halt in the manufacturing of industrial products, owing to a lack of raw materials and manpower during the lockdown period. Further, no new consignments are received by companies that operate in this sector. Hence, a halt in industrial activities and lockdowns for several months has affected the global in vitro toxicity testing market and the market is anticipated to witness a slow recovery during the forecast period.

Delvens Industry Expert's Standpoint

Various novel techniques and fields are offering significant advancements in the comprehension of the biological responses of human tissues to chemical agents. These cutting-edge advancements are predicted to push forward the expansion of the in-vitro toxicology market growth throughout the projected duration.

In-Vitro Toxicology Testing Market Key Findings

·        The technology segment is further segmented into Cell Culture Technology, High Throughput Technology, Molecular Imaging, and OMICS Technology. Cell culture technology dominated the market for in-vitro toxicology testing during the forecast period. It serves as an excellent model for examining toxic effects since it provides consistent samples and reproducible results, which enables early-stage detection of toxicity in the drug development process. Moreover, cell cultures are increasingly replacing animal testing, leading to its extensive application.

·        The application segment is further fragmented into Systemic Toxicology, Dermal Toxicity, Endocrine Disruption, Ocular Toxicity, and Others. The systemic toxicology segment is anticipated to dominate the market for in-vitro toxicology testing during the forecast period. The development of multiple organ plates with simulated blood flow for assessing systemic toxicity drives the segment growth. Moreover, public and private organizations are taking initiatives for replacing animal testing with in-vitro techniques for acute systemic toxicity testing.

·        Method segment is further segmented into Cellular assay, Biochemical Assay, In-Silico, and Ex-vivo. The cellular assay market is anticipated to dominate the market during the forecast period. This can be attributed to the wider availability of this technique for the pharmacokinetic profiling of drug products. Moreover, several pharmaceutical and biotechnological companies are essentially dependent on cellular assays for toxicity screening in the early stages of drug development.

·        The end-user segment is further segmented into Pharmaceutical Industry, Cosmetics & Household Products, Academic Institutes and Research Laboratories, Diagnostics, Chemical Industry, and Food Industry. The pharmaceutical industry segment is anticipated to dominate the market during the forecast period. The high usage of toxicology testing in pharmacokinetic analysis of novel and generic modified pharmaceutical products results in the revenue growth of these toxicity testing assays. Moreover, the presence of several drug candidates in the pipeline is expected to drive the demand for in-vitro toxicology testing.

In-Vitro Toxicology Testing Market Regional Analysis

North America to Dominate the Market

·        North America dominated the in-vitro toxicology testing market and accounted for the largest revenue share in 2021, owing to an increased focus of government bodies on drug discovery, a rise in healthcare expenditure, and the presence of adequate infrastructure for the growth and development of drug discovery technologies.

·        Furthermore, strong regulatory guidelines pertaining to drug development and approval have boosted the adoption of services in the regional market for in-vitro toxicology testing.

·        Government organizations in the Asia Pacific region are expected to drive the growth of in-vitro toxicology testing by promoting such methods. This is projected to result in the region witnessing the highest growth rate among all other regions.

To Grow Your Business Revenue, Make an Inquiry Before Buying at: https://www.delvens.com/Inquire-before-buying/in-vitro-toxicology-testing-market

In-Vitro Toxicology Testing Market Competitive Landscape

·        Thermo Fisher Scientific

·        Agilent Technologies

·        Bio-Rad Laboratories

·        Danaher Corporation

·        Quest Diagnostics

·        Merck KGaA

·        Perkin Elmer, Inc.

·        Laboratory Corporation of America Holdings

·        Eurofins Scientific

·        Charles River Laboratories International, Inc.

·        Abbott

·        Catalent, Inc.

·        Evotec

·        SGS SA

·        GVK Biosciences

·        Gentronix

·        WuXi AppTec

·        MB Research Laboratories

·        BioIVT

Recent Developments in The In-Vitro Toxicology Testing Market

·        In March 2022, Laboratory Corporation of America Holdings acquired AtlantiCare diagnostic clinical laboratory services.

·        In September 2021, Laboratory Corporation of America Holdings Acquired Myriad Autoimmune’s Vectra Testing Business, an autoimmune business unit, including the Vectra rheumatoid arthritis (RA) assay.

Reasons to Acquire In-Vitro Toxicology Testing Market Report

·        Increase your understanding of the market for identifying the most suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors.

·        Gain authentic and granular data access for In Vitro Toxicology Testing Market to understand the trends and the factors involved in changing market situations.

·        Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.

·        In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.

Table of Contents

In Vitro, Toxicology Testing Market is segmented into various segments such as technology, application, method, end-use, and region:

On the basis of technology 

Cell Culture Technology

High Throughput Technology

Molecular Imaging

OMICS Technology

On the basis of the application  

Systemic Toxicology

Dermal Toxicity

Endocrine Disruption

Ocular Toxicity

Others

On the basis of the method 

Cellular assay

Biochemical Assay

In-Silico

Ex-vivo

On the basis of end use

Pharmaceutical Industry

Cosmetics & Household Products

Academic Institutes and Research Laboratories

Diagnostics

Chemical Industry

Food Industry

On the basis of region

Asia Pacific

North America

Europe

South America

Middle East & Africa

Get Direct Order of this Report: https://www.delvens.com/checkout/in-vitro-toxicology-testing-market

Browse Related Reports:

Assisted Living (AL) Market – Trends Forecast Till 2030

Assisted Living (AL) Market, by Service Type (Nursing Care, Respite Care, Home Healthcare, Others), By Establishment Type (Public, Private), By Age (65-74 years, 75-84 years, Less than 65 years, and More than 85 years), and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America).

Vascular Imaging Market – Trends Forecast Till 2030

Vascular Imaging Market by Technique (Magnetic Resonance Imaging, Ultrasound, Computed Tomography, Nuclear Imaging, X-Ray), by Procedure (Coronary Angiography, Peripheral Angiography, Neurovascular Angiography, Vascular Ultrasound Procedures, Micro Angiography, Other Procedures) and by End User (Hospitals, Diagnostic Imaging Centers, Other End Users) and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America).

Magnetic Resonance Imaging (MRI) Coils Market – Trends Forecast Till 2030

Magnetic Resonance Imaging (MRI) Coils Market by Type (Radiofrequency coil, Gradient coils), by Application (Body Oncology, Neuro and spine, Cardiovascular, Pediatric, Others), by End User (Hospitals and Clinics, Diagnostic Imaging Centers) and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America).

VIEW REPORTREQUEST SAMPLEINQUIRE BEFORE BUYING

About Us:

Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports, and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on the country, regional, and global business environment. We have a database for more than 45 industries globally in more than 115+ major countries.

Delvens database assists clients by providing in-depth information on crucial business decisions. Delvens offers significant facts and figures across various industries: Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, and Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.

Contact Us:

UNIT NO. 2126, TOWER B,

21ST FLOOR ALPHATHUM

SECTOR 90 NOIDA 201305, IN

+44-20-8638-5055

[email protected]