In Vitro Toxicology Testing Market Share Estimation and Forecast to 2022

The in vitro toxicology testing market is expected to reach USD 8.74 billion by 2022 from an estimated USD 6.34 billion in 2017, at a CAGR of 6.6%. The key factors driving the growth of this market include opposition to animal testing, growing demand for in vitro technology in the European market, new and promising technologies, and increasing R&D expenditure to detect toxicity at an early stage. On the other hand, failure to establish intricacies of in vivo conditions through in vitro, lack of in vitro models to study complex endpoints, and a dearth of skilled professionals are the major factors restraining the growth of this market.

Click Here for Complete Report on In Vitro Toxicology Testing Market spread across 253 Pages, Profiling 15 Companies and Supported with 139 Tables and 32 Figures at http://www.rnrmarketresearch.com/in-vitro-toxicology-testing-market-by-product-type-adme-toxicity-endpoints-tests-carcinogenicity-dermal-toxicity-genotoxicity-technology-genomics-transcriptomics-method-cellular-assays-industry-ph-st-to-2021-market-report.html .

On the basis of product and services, the in vitro toxicology testing market is segmented into assays, services, and reagents and lab ware. The services segment is expected to witness the highest growth during the forecast period. The growth of this segment can be attributed to the growing preference towards contract research in vitro toxicology testing services owing to the cost benefits offered by CROs.

Introduction

1 Objectives of the Study

2 Market Definition

3 Market Scope

4 Markets Covered

5 Years Covered for the Study

6 Currency

7 Limitations

8 Stakeholders

Based on technology, the in vitro toxicology testing market is segmented into cell culture, high-throughput, cellular imaging, and toxicogenomics technologies. The toxicogenomics segment is expected to account for the highest CAGR in the global in the vitro toxicology testing market. Toxicogenomics is preferred to elucidate the changes in gene expression in response to toxic exposure and facilitates to identify toxicity pathways.

Click Here for Sample Papers of In Vitro Toxicology Testing Market with Top Trends and Company Profile at http://www.rnrmarketresearch.com/contacts/request-sample?rname=607628 .

Based on method, the in vitro toxicology testing market is segmented into cellular assays, biochemical assays, and ex vivo models. Ex vivo models segment is expected to grow at the highest CAGR during the forecast period owing to the growing adoption of these methods in the cosmetics industry as it is an effective alternative to animal testing for the toxicity testing of cosmetics and household products.

Competitive Landscape

1 Overview

2 Market Ranking Analysis

The major players in the global in vitro toxicology testing market include Cyprotex (An Evotec AG subsidiary, Germany), Covance (A Laboratory Corporations of America Holding’s subsidiary, US), Eurofins Scientific SE (Luxembourg), GE Healthcare (US), Thermo Fisher Scientific (US), SGS SA (Switzerland), Promega Corporation (US), Merck KGaA (Germany), Charles River Laboratories, Inc. (US), and Lonza Group Ltd. (Switzerland), among others.

Click Now for More Details on “In Vitro Toxicology Testing Market by Products (Assays) & Services, Toxicity Endpoints & Tests (ADME, Skin, Genotoxicity, Organ Toxicity), Technology (Cell-based, HTS), Method (Cellular Assays, Ex-Vivo), Industry (Pharmaceutical, Cosmetics) – Forecast to 2022” report at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=607628 .

The report will help established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in-turn would help them, garner a greater share. Firms purchasing the report could use one or any combination of the below-mentioned strategies to strengthen their position in the market.

Contact:

[email protected]  / Call +1 888 391 5441

For further information and more details with intelligence needs for your business. Access to in-depth market trends helps companies to assess the market effectiveness.