ADME-Toxicology Testing Market Size, Demand, Growth, Segmentation and Forecast to 2023
ADME stands for absorption, distribution, metabolism and elimination of the drug and chemicals define their nature in a human body. These four methods define the impact of a specific drug or chemical to the human tissues. Toxicology testing is an important phenomenon before introducing new medicine to the market. ADME toxicology facilitated pharmaceutical manufacturing company to minimize their drug discovery time, testing complications, and to reduce the cost of drug development.
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Asia Pacific region has witnessed lucrative growth in recent years, attributed to the recent development in the healthcare industry in this region. Moreover, increased patients awareness and increases access of healthcare services has boosted the clinical trials in this region. Country wise the U.S. is the largest ADME-Toxicology testing market in North America. Germany, the U.K, France and Italy are some of the major ADME-Toxicology testing market in Europe. India, Japan and China represent the largest regional market for ADME-Toxicology testing in Asia Pacific region. Apart from these Brazil is expected to be a major market for ADME-Toxicology testing on Rest of the World Region.
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Some of the major players operating in the Global ADME-Toxicology Testing Market include, Accelrys, Inc., Agilent Technologies, Inc., Caliper Life Sciences, Inc., Bio-Rad Laboratories, Inc., Beckman Coulter, Inc., Cellartis AB, Cyprotex PLC., Life Technologies Corporation, Optivia Biotechnology, Inc., Thermo Fisher Scientific, Inc., Molecular Discovery Ltd., Cyprotex PLC, MultiCASE, Inc., Promega Corporation, Xceleron, Inc., ACEA Biosciences, Inc., Albany Molecular Research, Inc., Beckman Coulter, Inc., CeeTox, Inc., Molecular Discovery Ltd.,
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