In-Vitro Toxicology Testing Market Size, Share, Trends, Demand, Growth Forecast and Opportunity outlook

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Global In-Vitro Toxicology Testing Market research report has complete overview of the market covering various aspects such as product definition, segmentation based on various parameters, and the prevailing vendor landscape.

Data Bridge Market Research analyzes that the global in-vitro toxicology testing market is expected to reach USD 27,952.36 million by 2030, at a CAGR of 12.3% during the forecast period. This market report also covers pricing analysis and technological advancements in depth.

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Market Definition

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.

The rapidly growing pharmaceutical and medical device industry

The pharmaceutical and medical device industries have witnessed many revolutionary trends and advances, dramatically improving the medicines available to patients globally. It was possible to witness the effect of artificial intelligence and big data on the diagnosis and treatment of diseases.

Combined with their potential to remedy previously untreatable diseases, biopharmaceutical drugs’ effectiveness, and protection help pharmaceutical companies succeed. An opportunity for sustained healthy growth supports the existing biologics-development pipeline. Since 1995, the number of biotech patents applied annually has increased by 25%. More than 1,500 biomolecules are presently undergoing clinical trials, and the biologics success rate has so far been more than double that of small-molecule drugs, with 13% of biopharmaceuticals entering the phase I testing phase going on to launch.

The pharmaceutical industry relies on in-vitro toxicology testing to assess drug candidates’ safety and potential risks during the early stages of discovery and development. In-vitro testing allows researchers to evaluate the effects of substances on cells, tissues, and organs, providing valuable information on toxicity profiles, drug interactions, and potential side effects. Accurate and reliable toxicity assessments drive the demand for in-vitro toxicology testing in the pharmaceutical industry.

For instance,

• In 2022, as per the ScienceDirect article, the global medical device industry is projected to grow to about USD 615 billion in 2025 and to almost USD 800 billion in 2030, at a growing CAGR of 5.2%
• In December 2021, as per a ResearchGate article, the pharmaceutical industry was growing rapidly in Southeast Asia, which is propelling the demand for in-vitro toxicology

The prosperity and growth of these industries proportionally increase the demand for toxicity testing for the quality control of the products developed by them. Therefore, the rapidly growing pharmaceutical and medical device industries act as a driver for the growth of the market.

Market Developments

• 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 the development of ADCs. This will help the company to expand their global presence
• In May 2023, Labcorp Drug Development and BML announced the expansion of clinical laboratory testing capabilities in Japan. This will help the company to strengthen its product portfolio in this region
• In December 2022, Merck KGaA, a leading science and technology company, today announced a research collaboration and commercial license agreement with Mersana Therapeutics, Inc., Cambridge, Massachusetts, USA, to discover novel antibody-drug conjugates (ADCs) leveraging Mersana’s proprietary Immunosynthen STING-agonist ADC platform, directed against up to two targets
• In October 2022, Thermo Fisher Scientific Inc. announced that it would 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 the global presence in the market
• In December 2021, Aragen Life Sciences Ltd. acquired Intox Pvt.Ltd. to strengthen its safety assessment platform which has helped the company to establish its global presence

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Major Players

Data Bridge Market Research recognizes the following companies as the market players in the global in-vitro toxicology testing market Thermo Fisher Scientific Inc. (U.S.), Labcorp Drug Development (U.S.), Merck KGaA (Germany), Charles River Laboratories (U.S.), Lonza (Switzerland), Bio-Rad Laboratories, Inc. (U.S.), Catalent, Inc (U.S.), SGS Société Générale de Surveillance SA (Switzerland), QIAGEN (Germany), Intertek Group plc. (U.K.), Eurofins Scientific (Luxembourg), Promega Corporation (U.S.), Aragen Life Sciences Ltd. (India), Cyprotex Plc. (U.K.), Shanghai Medicilon Inc. (China), Creative Biolabs (U.S.), BioIVT (U.S.), AAT Bioquest, Inc. (U.S.), Gentronix (UK), IONTOX (U.S.), InSphero (U.S.), MB Research Laboratories (U.S.), Creative Bioarray (U.S.), and Preferred Cell Systems (U.S.) among others.

Segment Analysis:

The global in-vitro toxicology testing market is segmented into six notable segments such as product and service, toxicology end point and test, technology, method, industry, and distribution channel.

• Based on product and service, the global in-vitro toxicology testing market is segmented into consumables, services, assays, equipments, and  software

In 2023, the consumables segment is expected to dominate the global in-vitro toxicology testing market

In 2023, the consumables segment is expected to dominate the market with a market share of 34.33% and growing with a CAGR of 13.7% from 2023 to 2030. It is expected to dominate the market due to its increasing demand among the population.

• 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. In 2023, the ADME (absorption, distribution, metabolism, & excretion) testing segment is expected to dominate the market with a market share of 22.01% and grow with a CAGR of 13.6% in the forecast period of 2023 to 2030
• Based on technology, the market is segmented into cell culture technologies, high-throughput technologies, molecular imaging, and OMICS technology. In 2023, the cell culture technology segment is expected to dominate the market with a market share of 35.80% and growing with a CAGR of 14.0% in the forecast period of 2023 to 2030
• Based on method, the market is segmented into cellular assays, biochemical assays, ex-vivo models, and in silico models. In 2023, the cellular assays segment is expected to dominate the market with a market share of 38.76% and growing with a CAGR of 13.8% in the forecast period of 2023 to 2030
• Based on industry, the market is segmented into pharmaceutical & biopharmaceutical companies, diagnostics, food, chemicals, and cosmetics & household products

In 2023, the pharmaceutical and biopharmaceutical companies segment is expected to dominate the global in-vitro toxicology testing market

In 2023, the pharmaceutical and biopharmaceutical companies segment is expected to dominate the market with a market share of 33.81% and grow with a CAGR of 13.7% from 2023 to 2030. It is expected to dominate the market due to the growing demand for personalized medicines and precision toxicology

• Based on distribution channel, the market is segmented into direct tender, retail sales, and others. In 2023, the direct tender segment is expected to dominate the market with a market share of 49.93% and growing with a CAGR of 13.2% in the forecast period of 2023 to 2030

Report Scope and Market Segmentation

Top Key Topics Covered:

1. Strategic Imperatives

• Factors Creating Pressure on Growth
• The Strategic Imperative
• Growth Opportunities Fuel the Growth Pipeline Engine
• Research Methodology

2. Scope and Segmentation

• Research Context and Scope of Analysis
• Segmentation
• Other Techniques for This Research Report Management

3. Growth Opportunity Analysis

• Growth Drivers
• Growth Restraints

4. Introduction

• The Impact of the COVID-19 Pandemic and Post
• Future Growth

5. Innovation Ecosystem

Continued…

Fundamental Aim of this Market Report

• Notable Market rivals around the world.
• Future Scope and Product Outlook
• Future-promising emerging markets.
• The Market Presents Difficult Challenges and Threats.

Key highlights of this Market report:

• Major restraints
• Market drivers
• Regional bifurcation
• Competitive hierarchy
• Current market tendencies
• Market concentration analysis

TOC:

1 INTRODUCTION

1.1 OBJECTIVES OF THE STUDY

1.2 MARKET DEFINITION

1.3 OVERVIEW OF THE GLOBAL IN-VITRO TOXICOLOGY TESTING MARKET

1.4 CURRENCY AND PRICING

1.5 LIMITATIONS

1.6 MARKETS COVERED

2 MARKET SEGMENTATION

2.1 MARKETS COVERED

2.2 GEOGRAPHICAL SCOPE

2.3 YEARS CONSIDERED FOR THE STUDY

2.4 DBMR TRIPOD DATA VALIDATION MODEL

2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS

2.6 MULTIVARIATE MODELLING

2.7 PRODUCT AND SERVICE SEGMENT LIFELINE CURVE

2.8 MARKET END USER COVERAGE GRID

2.9 DBMR MARKET POSITION GRID

2.1 VENDOR SHARE ANALYSIS

2.11 SECONDARY SOURCES

2.12 ASSUMPTIONS

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

4.1 PESTEL ANALYSIS

4.2 PORTERS ANALYSIS

5 GLOBAL IN-VITRO TOXICOLOGY TESTING MARKET, INDUSTRY INSIGHTS

6 GLOBAL IN-VITRO TOXICOLOGY TESTING MARKET, REGULATIONS

7 MARKET OVERVIEW

8 GLOBAL IN-VITRO TOXICOLOGY TESTING MARKET, BY PRODUCT AND SERVICE

9 GLOBAL IN-VITRO TOXICOLOGY TESTING MARKET, BY TOXICOLOGY ENDPOINT AND TEST

Continued…

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