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The toxicology testing market includes safety assessment of chemicals, drugs, cosmetic products, food additives, etc, without using animals as test models. This testing is performed on advance cell and tissue models to determine safety by studying the potential of the test substances to cause toxicity, such as genotoxicity, skin irritation and sensitization, cytotoxicity, ocular toxicity, organ toxicity, phototoxicity, dermal toxicity, and other toxicities.
The regular use of toxicology testing in pharmaceutical and biotechnology industries is estimated to be one of the primary growth factors for the toxicology testing market. Increasing number of pharmaceutical and biotechnology companies are being set up to cater to the growing population and their demand for new drug therapies. Toxicology testing is carried out to prevent late-stage failures in the discoveries of the chemicals used. Additionally, this test checks the appropriate balance of potency, efficacy, safety, and favorable pharmacokinetics of the drug, to ensure it is safe.
Market Analysis and Insights: Global Toxicology Testing Market
The global Toxicology Testing market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Toxicology Testing market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Toxicology Testing market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Toxicology Testing market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Toxicology Testing market.
Global Toxicology Testing Scope and Market Size
Toxicology Testing market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Toxicology Testing market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.
Segment by Type
Cell Culture Technology
High Throughput Technologies
Molecular Imaging Technologies
Omics Technologies
Segment by Application
Pharmaceutical Industry
Chemical Industry
Food Industry
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
Abbott
Bioreliance
Catalent
Criver
Cyprotex
Eurofins Scientific
Quest Diagnostics
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