In-Vitro Toxicology Testing Market 2018-2023 : Global Snapshot Analysis

Global Corporate In-Vitro Toxicology Testing Market Research Report provides information on Products, Services, Trends, Top Companies, Verticals, Countries, Material, Application, and Geography globally. This report will help the viewer in Better Decision Making, offers by OrbisResearch.com

The global in-vitro toxicology testing market is expected to witness a CAGR of 7.1%, during the forecast period. Europe holds the largest market share in in-vitro toxicology testing market.

Advances in Toxicology Testing Protocols

In vitro tests provide toxicity information in a cost-effective and timesaving manner. It is anticipated that rapid advances in biomedical sciences will result in development of newer and advanced in vitro test strategies for hazard characterization. Toxicity testing is gradually moving towards excellence with various advanced technologies. It is currently poised to take advantage of promising revolutions from the field of biotechnology. The applications of toxicity testing are set to increase with advances in biotechnology, resulting in demand in the market for the same.

The advances in toxicity testing practices, such as bioinformatics, computational toxicology, epigenetics, etc. hold the potential for a paradigm shift from whole-animal testing to in-vitro methods that evaluate changes in various processes, which use cell lines and other cellular components. A number of emerging fields and techniques are contributing new major insights for understanding biologic responses to chemicals in human tissues. This advances are expected to drive the growth of in-vitro toxicology market in the forecast period.

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The other factors, such as opposition to the usage of animals in pre-clinical research, along with advancements in the field of bioinformatics are expected to contribute to the growth of in-vitro toxicology testing market.

Stringent Regulatory Framework for the In-vitro Tests

The screening process is quite stringent for the approval of any healthcare molecule. Toxicity study is the stage where many molecules fail and are barred from entering into the market. In-vitro toxicology testing as an alternative to animal testing is by default always under the lens, as it is intended to replace a fully approved method for toxicity study (animal testing). This is because in-vitro toxicology testing has to match closely to the standards from the in-vivo animal testing. Regulators, including the United States Food and Drug Administration (FDA), have issued guidance with regard to in vitro studies to be conducted during drug development.

However, current regulatory guidance does not address specific study designs for in vitro toxicity testing. The experimental procedures and documentation of data for in vitro testing should be rigorous, reproducible, with specific analytical methods, along with documentation of assay procedures and results. Therefore these stringent regulations are acting as a barrier for the growth of in-vitro toxicology testing market globally.

Other factors such as incapability of in vitro models to determine autoimmunity and immuno stimulation is also acting as a major restraint for the global market.

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Asia-Pacific is expected to grow with High CAGR
The Asia-Pacific is expected witness the highest CAGR during the forecast period due to the low costs offered by the Asian countries to conduct studies.

Key Developments in the Market

• February 2018: SenzaGen has signed its first global licensing agreement with Eurofins Biopharma product testing munich, this agreement is expected to create new opportunities for the in-vitro toxicology testing market
Major Players: QUEST DIAGNOSTICS, ALERE INC, GE HEALTHCARE, THERMO FISHER SCIENTIFIC, AGILENT TECHNOLOGIES, BIO-RAD LABORATORIES, EUROFINS SCIENTIFIC, COVANCE, PROMEGA CORPORATION, MERCK KGAA, among others.

Reasons to Purchase this Report

• Current and future in-vitro toxicology testing market outlook in the developed and emerging markets
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• The segment that is expected to dominate the market
• Regions that are expected to witness the fastest growth during the forecast period
• Identifying the latest developments, market shares, and strategies employed by the major market players
• 3-month analyst support, along with the Market Estimate sheet (in excel)

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Customization of the Report

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Table of Content

1. Introduction
1.1 Market Definition
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Market Overview
5.1 Current Market Scenario
5.2 Porter's Five Forces Analysis
5.2.1 Bargaining Power of Suppliers
5.2.2 Bargaining Power of Consumers
5.2.3 Threats of New Entrants
5.2.4 Threat of Substitute Product and Services
5.2.5 Competitive Rivalry within the Industry
6. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
6.1 Market Drivers
6.1.1 Opposition to the Usage of Animals in Pre-clinical Research
6.1.2 Advancement in bioinformatics
6.1.3 Advances in toxicology testing protocols
6.2 Market Restraints
6.2.1 Incapability of in vitro models to determine autoimmunity and immunostimulation
6.2.2 Stringent regulatory framework for the in-vitro tests
6.3 Opportunities
6.4 Key challenges
7. Market segmentation
7.1 By End User
7.1.1 Pharmaceuticals
7.1.2 Food Industry
7.1.3 Chemical Industry
7.1.4 Cosmetics
7.1.5 Diagnostics
7.1.6 Others
7.2 By Mode of Administration
7.2.1 Dermal
7.2.2 Oral
7.2.3 Occular
7.2.4 Inhalation
7.2.5 Infusion
7.2.6 Rectal Administration
7.2.7 Parental Administration
7.2.8 Intra-Arterial Administration
7.2.9 Intra-Nasal Administration
7.3 By Technology
7.3.1 High-Through Put Screening
7.3.2 Molecular Imaging
7.3.3 Cell Culture
7.3.4 OMICS
7.4 By Method
7.4.1 Cell Based Assay
7.4.2 Biochemical Based Assay
7.4.3 IN-Silico Based
7.4.4 Ex Vivo Based Methods
7.4.5 Others
7.5 By Geography
7.5.1 North America
7.5.1.1 United states
7.5.1.2 Canada
7.5.1.3 Mexico
7.5.2 Europe
7.5.2.1 France
7.5.2.2 Germany
7.5.2.3 United kingdom
7.5.2.4 Italy
7.5.2.5 Spain
7.5.2.6 Rest of Europe
7.5.3 Asia-Pacific
7.5.3.1 China
7.5.3.2 Japan
7.5.3.3 India
7.5.3.4 Australia & New Zealand
7.5.3.5 South Korea
7.5.3.6 Rest of Asia-Pacific
7.5.4 Middle east & Africa
7.5.4.1 GCC
7.5.4.2 South Africa
7.5.4.3 Rest of the Middle East & Africa
7.5.5 South America
7.5.5.1 Brazil
7.5.5.2 Argentina
7.5.5.3 Rest of South America
8. Competitive Landscape
8.1 Mergers & Acquisition Analysis
8.2 Agreements, Collaborations and Partnerships
8.3 New Products Launches
9. Key Players
9.1 Quest Diagnostics
9.2 Alere Inc
9.3 GE Healthcare
9.4 Thermo Fisher Scientific
9.5 Agilent Technologies
9.6 Bio-Rad Laboratories
9.7 Eurofins Scientific
9.8 Covance
9.9 Promega Corporation
9.10 Merck KGaA
9.11 Others
10. Future of the MarketC

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