In Vitro Toxicology Testing Market Size, Share, Trends - Analysis Report 2025
According to the new market research report In Vitro Toxicology Testing Market is expected to reach USD 14.9 billion by 2025 from an estimated USD 9.1 billion in 2020, at a CAGR of 10.3%.
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The
major factors driving the growth of this in vitro toxicity testing
market are the opposition to animal testing, technological advancements,
and increasing R&D expenditure to detect toxicity at an early stage
during drug development are the primary growth drivers for this market.
Asia Pacific is estimated to be the fastest-growing market for in vitro toxicology testing during the forecast period
The
APAC in vitro toxicology testing market is projected to register the
highest growth during the forecast period. Factors such as emergence of
CROs for outsourcing toxicology-related research projects, opposition to
animal testing resulting in the use of alternate methods, increasing
pharmaceutical drug pipeline, and growing consumer awareness of product
safety are some of the key factors driving the growth of the market in
the APAC.
In the toxicity endpoints and tests market, the organ
toxicity segment is expected to grow at the highest CAGR during the
forecast period
The organ toxicity segment is expected to grow at
the highest CAGR during the forecast period. The growth in this segment
can be attributed to factors such as the increasing focus on drug
safety and consumer-product safety, along with the need to screen
potential drug targets during the early stage of drug development.
Based
on the technologies used in the in vitro toxicology testing, the cell
culture technologies segment is expected to account for the largest
share of the in vitro toxicology testing market
The cell culture
technologies segment is estimated to account for the largest market
share in 2018. The large share of this segment can be attributed to the
fact that it is the most preferred technique for toxicity testing, being
capable of mimicking in vivo conditions.
By product and service,
the consumables segment is expected to account for the largest share of
the in vitro toxicology testing market
The consumables segment
is estimated to account for the largest market share in 2019. The large
share of this segment can be attributed to the increasing demand for
high-quality reagents and the repeated use of media and reagents in in
vitro toxicology studies.
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The
prominent players in the in vitro toxicology testing market include
Thermo Fisher Scientific Inc. (US), Covance (US), Bio-Rad Laboratories,
Inc. (US), GE Healthcare (US), Eurofins Scientific SE (Luxembourg),
Merck KGaA (Germany), Charles River Laboratories International, Inc.
(US), Catalent, Inc. (US), Cyprotex (UK), SGS S.A. (Switzerland), QIAGEN
N.V. (Germany), Promega Corporation (US), Gentronix Limited (UK),
BioIVT (US), and MB Research Laboratories (US).
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