In Vitro Toxicity Testing Market Analysis
In vitro toxicology testing is used to test the toxic properties of compounds and mixtures on cultured bacteria or mammals. Absorption, distribution, metabolism and excretion (ADME), and toxic profiling play major roles in drug development. It focuses on obtaining an initial estimate of the human pharmacokinetic and metabolic profile.
Globalย In Vitro Toxicity Testingย Market: Drivers
Opposition to animal testing is likely to drive growth in the global in vitro toxicity testing market over the estimated period. Concerns have been raised about animal experiments in the field of toxic testing, due to issues such as differences between different test animals and the effect of toxic components on animals. Various animal welfare organizations and associations have also stepped up their efforts to eradicate toxic testing on animals. Such conditions have led to increased adoption of in vitro toxicity testing.
Furthermore, the various benefits of in vitro toxicity testing are also likely to contribute to market growth. In vitro toxicity testing eliminates animal use from the testing process. It also includes a wide range of toxicity pathways and thus facilitates convenient testing. This method also provides adequate detection of toxic effects on organisms with extremely low concentrations, which would not otherwise be possible in animal testing.
๐๐จ ๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐๐ญ๐๐ฌ๐ญ ๐๐จ๐ฏ๐ข๐๐๐ ๐๐ฆ๐ฉ๐๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ @ https://www.coherentmarketinsights.com/insight/request-sample/3855
North America topped the global in vitro toxicity testing market in 2019, considering 32.9% in terms of value, followed by Europe and Asia Pacific, respectively.
Globalย In Vitro Toxicity Testingย Market: Restraints
The dubious predictions of the in vitro toxicity test are likely to impede the growth of the power market. In vitro toxicity testing has not been more reliable predictor than conventional animal testing. Although scientists have used in vitro cytotoxicity aces in drug testing, they have not been consistently applied to the decisions involved in the early development of the drug.
Furthermore, the effect of nanomaterial properties on in vitro toxicity test results by experimental intervention is likely to limit market growth. Such interventions can lead to false positive or false negative consequences.
Globalย In Vitro Toxicity Testingย Market: Opportunitiesย
Stricter regulations banning animal testing are likely to provide beneficial growth opportunities for players in the global in vitro toxicity testing market. For example, in January 2020, the state governments of California, Nevada, and Illinois banned the sale or import of animal-tested cosmetics.
Moreover, the growing demand for personal care products is also likely to help the market grow. For example, as per the India Brand Equity Foundation, the beauty, cosmetic and grooming market in India is likely to reach US $ 20 billion by 2025.
The global in vitro toxicity testing market value is estimated to be US $ 4,745.9 million in 2019 and is likely to witness a value of US $ 14,940.2 million at a CAGR of 15.4% over the estimated period (2020 and 2027).
Globalย In Vitro Toxicity Testingย Market: Market Trends
Major regulatory bodies focus on providing guidelines for in vitro toxicity testing. For example, in January 2020, U.S. The FDA finalized its in vitro guidelines for the pharmaceutical industry to help drug developers plan and evaluate studies to determine the pharmaceutical interaction potential of a testable drug product.
The adoption of Next Generation Sequencing (NGS) as an alternative or complement to in vivo or in vitro testing methods for biologics testing is on the rise. For example, in January 2020, Charles River Laboratories International Inc. PathoQuest, its strategic partner, received its GLP certification for advanced NGS viral safety testing from the French National Agency for Medicine and Health Products Safety.
๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐๐ง๐ ๐๐๐ญ ๐ ๐ฅ๐๐ญ ๐๐% ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ
๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ ๐๐๐๐๐ฌ๐ฌ ๐ ๐ฎ๐ฅ๐ฅ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง @ https://www.coherentmarketinsights.com/insight/buy-now/3855
Globalย In Vitro Toxicity Testingย Market: Key Developments
The key players in the market focus on adopting collaboration and partnership strategies to expand their product portfolio. For example, in January 2019, LabCorp, its subsidiary Covance Inc. Together with GENFIT, a biopharmaceutical company focusing on R&D in liver diseases, for access to non-alcoholic steatohepatitis liver diagnostic tests for the clinical research market.
Globalย In Vitro Toxicity Testingย Market: Segmentation
On the basis of Type, the Globalย In Vitro Toxicity Testingย Market is segmented into:
- Absorption
- Toxic Substances
- Dose
On the basis of End-user, the Globalย In Vitro Toxicity Testingย Market is segmented into:
- Cosmetics and Household Products
- Pharmaceutical Industry
- Food Industry
- Chemicals Industry
On the basis of Region, the Globalย In Vitro Toxicity Testingย Market is segmented into:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
Globalย In Vitro Toxicity Testingย Market: Competitive Landscape
Key players performing in the global in vitro toxicity testing market are Covance Inc., Charles River Laboratories International Inc., Cyprotex, and Bio-Rad Laboratories Inc.
๐๐จ ๐๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐ ๐๐๐ซ๐ @ https://www.coherentmarketinsights.com/insight/request-pdf/3855
Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Type
- Market Snippet, By End Use
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Key Highlights
- Product launch
- PEST Analysis
- Technological Advancements
- Regulatory Scenario
- Mergers and Acquisitions
- Market Dynamics
- In Vitro Toxicity Testing Market, By Type, 2019 โ 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 โ 2027
- Segment Trends
- Absorption
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Mn)
- Toxic Substances
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Mn)
- Dose
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Mn)
- Introduction
- In Vitro Toxicity Testing Market, By End Use, 2019 โ 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 โ 2027
- Segment Trends
- Cosmetics And Household Products
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Mn)
- Pharmaceutical Industry
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Mn)
- Food Industry
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Mn)
- Chemicals Industry
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Mn)
- Introduction
View Press Release: https://www.coherentmarketinsights.com/press-release/in-vitro-toxicity-testing-market-3122
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