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Data Bridge Market Research analyses that the in-vitro toxicology testing market to be grow at a CAGR of 9.91% in the forecast period of 2022-2029 and is likely to reach the USD 20.08 billion by 2029.
The term in vitro refers to a method for testing hazardous compounds on a section of an organism that has been isolated. It is used to identify harmful chemicals and to detect toxicity in new products such as medications, cosmetics, and food additives at an early stage of development. In vitro toxicity testing is mostly used in medication development to assess safety and to evaluate compounds according to their potency. In vitro toxicity testing can also be used to measure drug absorption, distribution, metabolism, and excretion (ADME), dosage response, and threshold response.
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In-vitro toxicology testing involves testing chemicals, drugs, and other substances to assess their potential toxicity using in-vitro (non-animal) testing methods. In-vitro toxicology testing involves using cells, tissues, or cellular components outside their natural environment to evaluate substances' safety and potential hazards. The market encompasses a wide range of in-vitro tests and assays that assess various aspects of toxicity, including but not limited to cytotoxicity, genotoxicity, carcinogenicity, organ toxicity, reproductive toxicity, and environmental toxicity. These tests are conducted on cell cultures, tissue models, or other in-vitro systems to mimic the response of biological systems to potential toxicants.
Some of the major players operating in the In-Vitro Toxicology Testing market are Agilent Technologies, Inc., Abbott, Beckman Coulter, Inc., Merck KGaA, Dassault Systèmes, GENERAL ELECTRIC COMPANY, Quest Diagnostics Incorporated, Labcorp Drug Development, Thermo Fisher Scientific Inc., Catalent, Inc., Charles River Laboratories International, Inc., MB Research Laboratories, BioIVT, Gentronix, SGS SA, Eurofins Scientific, Bio-Rad Laboratories, Inc., QIAGEN, Promega Corporation., and Evotec, among others.
Recent Development
· In June 2023, Lonza, a global manufacturing partner to the pharmaceutical, biotech, and nutraceutical markets, announced it had acquired Synaffix B.V. (Synaffix), a biotechnology company focused on commercializing its clinical-stage technology platform for developing ADCs. This will help the company to expand their global presence
· In October 2022, Thermo Fisher Scientific Inc. announced that it will expand its laboratory operations in Highland Heights, Kentucky, helping customers deliver life-changing medicines to patients. The current facility, which includes central lab and biomarker operations, provides biopharma customers with high-quality laboratory services to accelerate drug development. This helped the company to expand its clinical diagnostics business across various regions in the world and helped to increase its global presence in the market
Global In-Vitro Toxicology Testing Market Scope
The global in-vitro toxicology testing market is segmented into six notable segments: product and service, toxicology end point and test, technology, method, industry, and distribution channel. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and insights to help them make strategic decisions for identifying core market applications.
Product and Service
· Consumables
· Services
· Assay
· Equipments
· Software
Based on product and service, the global in-vitro toxicology testing market is segmented into consumables, services, assays, equipments, and software.
Toxicology End Point and Test
· ADME (Absorption, Distribution, Metabolism, & Excretion) Testing
· Cytotoxicity Testing
· Genotoxicity Testing
· Dermal Toxicity Testing
· Ocular Toxicity Testing
· Organ Toxicity Testing
· Skin Irritation, Corrosion, & Sensitization Testing
· Phototoxicity Testing, and Other Toxicity Endpoints & Test
Based on toxicology end point and test, the market is segmented into ADME (absorption, distribution, metabolism, & excretion) testing, cytotoxicity testing, genotoxicity testing, dermal toxicity testing, ocular toxicity testing, organ toxicity testing, skin irritation, corrosion, & sensitization testing, phototoxicity testing, and other toxicity endpoints & tests.
Technology
· Cell Culture Technologies
· High-Throughput Technologies
· Molecular Imaging
· OMICS Technology
Based on technology, the market is segmented into cell culture technologies, high-throughput technologies, molecular imaging, and OMICS technology.
Method
· Cellular Assays
· Biochemical Assays
· Ex-Vivo Models
· In Silico Models
Based on method the market is segmented into cellular assays, biochemical assays, ex-vivo models, and in silico models.
Industry
· Pharmaceutical & Biopharmaceutical Companies
· Diagnostics
· Food
· Chemicals
· Cosmetics & Household Products
Based on industry the market is segmented into pharmaceutical & biopharmaceutical companies, diagnostics, food, chemicals, cosmetics & household products.
Distribution Channel
· Direct Tender
· Retail Sales
· Others
Based on distribution channel, the market is segmented into direct tender, retail sales, and others.
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This in-vitro toxicology testing market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on in-vitro toxicology testing market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Table of Contents:
· Introduction
· Market Segmentation
· Executive Summary
· Premium Insights
· Global In-Vitro Toxicology Testing Market: Regulations
· Market Overview
· Global In-Vitro Toxicology Testing Market, By Product and Service
· Global In-Vitro Toxicology Testing Market, By Toxicity Test
· Global In-Vitro Toxicology Testing Market, By End User
· Global In-Vitro Toxicology Testing Market, By Technology
· Global In-Vitro Toxicology Testing Market, By Region
· Global In-Vitro Toxicology Testing Market: Company Landscape
· SWOT Analyses
· Company Profile
· Questionnaires
· Related Reports
To Check the Complete Table Of contents, click here @ https://www.databridgemarketresearch.com/toc/?dbmr=global-vitro-toxicology-testing-market
The country section of the in-vitro toxicology testing market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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