In Vitro Toxicology Testing Market will reach $37.27 Billion by 2023, At CAGR of 14.8% | Global Key Players (Bio-Rad Lab, Charles River Lab, Covance, Eurofins Scientific SE, GE, Thermo Fisher Scientific, SGS S.A., Qiagen N.V., Gentronix)

Marketprognosis.com Publish a New Market Research Report On “In Vitro Toxicology Testing - Global Market Outlook (2017-2023)” which contains global key player’s survey information and forecast to 2023.

Overview of the Global In Vitro Toxicology Testing Market:

The Global In Vitro Toxicology Testing Market is accounted for $14.13 Billion in 2016 and is expected to reach $37.27 Billion by 2023 growing at a CAGR of 14.8% during the forecast period. Factors such as technological advancements and increasing government funding are fueling the market growth. However, strict regulations and predictive ability of in vitro testing over in vivo testing are hampering the market. Growing drug discovery and innovation in the market provides ample of opportunities for players in the market.

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On the basis of Technology, Cell Culture Technologies segment is anticipated to occupy the largest share. During the process of inhaling the human lungs may get exposed to toxic particles from the air which damages the respiratory system. With the help of cell culture technologies one can identify the risk associated with the toxic particles and the risk can balanced against other benefits.

Regionally, North America is forecasted to occupy largest share due to the presence of large players in this region that offers In Vitro technology. Also, stringent regulations regarding the animal usage in toxicity analysis contribute towards high requirement of in-vitro tests in this region.

Major Key Players:

1 Bio-Rad Laboratories, Inc.

2 Charles River Laboratories International, Inc.

3 Covance, Inc.

4 Eurofins Scientific SE

5 GE Healthcare

6 Thermo Fisher Scientific, Inc

7 SGS S.A.

8 Qiagen N.V. and More………….

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Market Segment by Methods:

1 Biochemical Assays

2 Cellular Assays

3 In Silico Method

4 EX Vivo Models and Other Methods

Market Segment by Product and Services:

1 Services

2 Assays

3 Reagents & Labware

Market Segment by Technologies:

1 High-Throughput Technologies

2 Cell Culture Technologies

3 Molecular Imaging Technologies

4 OMICS technology

Market Segment by Toxicity Endpoints and Tests:

1 Systemic Toxicity

2 Organ Toxicity

3 Ocular Toxicity

4 Phototoxicity Testing

5 Genotoxicity Testing

6 Dermal Toxicity

7 Cytotoxicity Testing

8 Neurotoxicity

9 Carcinogenicity and Other Toxicity Endpoints & Tests

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What is driving this market?

4 What are the challenges to market growth?

5 Who are the key vendors in this market space?

6 What are the market opportunities and threats faced by the key vendors?

7 What are the strengths and weaknesses of the key vendors?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of In Vitro Toxicology Testing Market.

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This release was published on openPR.