Global In Vitro Toxicology Testing Market Reviews, Methodology and Technological advancements forecast 2022
The major players in the global in vitro toxicology testing market are 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), etc.
Click Here for Complete Report on In Vitro Toxicology Testing spread across 253 Pages, Profiling 15 Companies and Supported with 139 Tables and 32 Figures at https://www.reportsnreports.com/reports/586325-in-vitro-toxicology-testing-market-by-product-type-adme-toxicity-endpoints-tests-carcinogenicity-dermal-toxicity-genotoxicity-technology-genomics-transcriptomics-method-cellular-assays-industry-pharmaceutical-global-forecast-to-2021.html .
In vitro toxicology consists of using cells or tissues maintained or grown in controlled laboratory conditions to examine the toxic properties of compounds and mixtures. 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%.
Premium Insights
1 Global In Vitro Toxicology Testing Market Overview
2 Europe Market: By Technology & Country
3 Global Market: By Country/Region
4 Global Market: Geographic Mix
5 Global Market: Developing vs Developed Markets (USD Billion)
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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.
Target Audience
1 Drug manufacturers, cosmetic manufacturers, chemical industry, food industry,
2 Academic and government research institutes
3 Contract manufacturing organizations (CMOs) and contract research organizations (CROs)
4 Venture capitalists and investors
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 https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=586325 .
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.
Break of primary participants was as mentioned below
- By Company Type – Tier 1–25%, Tier 2–35% and Tier 3–40%
- By Designation– C-level–22%, Director Level–33%, Others–45%
- By Region – North America–30%, Europe–40%, Asia Pacific–15%, RoW–15%
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