In Vitro Toxicology Testing Market Set for Rapid Growth by 2024
Zion Market Research, the market research group announced the analysis report titled 'Vitro Toxicology Testing Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024'Global In Vitro Toxicology Testing Market: Overview
In-vitro toxicity testing is a process to determine the potential of harmful substances. Besides, it is also used for determining the availability of specific toxic characteristics in helpful substances, including agricultural chemicals, therapeutic drugs, and food additives. Toxicity testing in drug development of new compounds is necessary as recognizing the potential toxicity at an earlier step in drug discovery can save time as well as developmental prices, and also decrease the possibility of late-stage collapse.
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Global In Vitro Toxicology Testing Market: Growth Factors
The factors contributing to the growth of the in vitro toxicology testing market include new and promising technologies, resistance to animal testing, inadequate databases to assist the usage of in vitro test techniques, and rising R&D to determine toxicity at early stages. However, insufficient in vitro models to determine immunostimulation & autoimmunity and predictive capability of in vitro testing in comparison to vivo testing are few factors that may restrict the market growth.
Global In Vitro Toxicology Testing Market: Segmentation
The global in vitro toxicology testing market can be segmented based on technology, product, method, type, industry, toxicity endpoints & tests, and region. The technology segment of the market is divided into proteomics, toxicogenomics, high-throughput technologies, transcriptomics, OMICS technologies, molecular imaging technologies, metabolomics, genomics, and cell culture technology. The product segment of the market is diversified into tissue culture assays, enzyme toxicity assays, reagents & labware, cell-based ELISA and western blots, services, bacterial toxicity assays, assays receptor binding assays, and other assays. The method segment of the in vitro toxicology testing market is sub-segmented into cellular assays, in silico method, ex vivo models, and biochemical assays. The type segment of the market is categorized into the dose, ADME, and toxic substance. The industry segment of the market classified into the oral fluid screening, diagnostics, chemical industry, hair screening, cosmetics & household products, alcohol screening, the pharmaceutical industry, food industry, urine screening, and other diagnostics. The toxicity endpoints & tests segment of the market is grouped into skin sensitization & irritation, dermal toxicity, neurotoxicity, ocular toxicity, organ toxicity, carcinogenicity, systemic toxicity, genotoxicity, and other toxicity endpoints & tests.
Global In Vitro Toxicology Testing Market: Regional Analysis
Europe is anticipated to dominate the global in vitro toxicology testing market in the near future owing to the rising geriatric population, growing consciousness regarding the significance of a healthy lifestyle, and improvements in technologies. Asia-Pacific region is also expected to boost at a higher rate in the market in the coming period.
Global In Vitro Toxicology Testing Market: Competitive Players
The prominent players in the in vitro toxicology testing market are BioReliance, Inc., Thermo Fisher Scientific, Inc., General Electric Company, Bio-Rad Laboratories, Inc., and Agilent Technologies, Inc. the other major players in the market include Charles River Laboratories International, Inc., Cyprotex Catalent, Eurofins Scientific SE, and Covance, Inc.
Global In Vitro Toxicology Testing Market by Regional Segment Analysis: North America (U.S.); Europe(UK, France, Germany); Asia-Pacific(China, Japan, India); Latin America(Brazil); The Middle East and AfricaOur value reports provide full, in-depth analysis of the parent market including most significant changes in market dynamics; report also presents detailed overview on segmentation of this market. We managed to present as many important informations in essential form - thanks to our report You will learn more about former, on-going, and projected market analysis in terms of volume and value, assessment of niche industry developments and Market share analysis. We have not forgotten to present key strategies of major players, emerging segments and regional markets and last but not least, testimonials to companies in order to fortify their foothold in the market.
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