Early Toxicity Testing Market With Market Key Players Thermo Fisher Scientifics, Quest Diagnostics Corporation, Agilent Technologies, Sigma Aldrich, BD Biosciences, Bio-Rad, Gene Logic, Accelrys and Charles River Laboratories.

Early Toxicity Testing Market Overview

Early toxicity tests are used to remove the toxic component in the product and reduce the risk of late-stage failure. Different types of toxic tests such as acute toxicity tests, neurotoxicity, systemic toxicity, and carcinogenicity are conducted using in vivo and in vitro techniques. While toxicity testing of chemicals aims to identify and manage hazards to human health and the environment following intended or accidental exposure, pharmaceutical toxicity testing forms a critical part of the risk-benefit assessment which balances the intended beneficial effects on the patient health against observed toxicities and potential adverse effects.

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The key factors driving this market include opposition to animal testing, growing demand for new and promising technologies and increasing R&D expenditure to detect toxicity at an early stage. The increasing demand for toxicology data prior to selection of a lead candidate requires the development of new, medium or high throughput testing protocols.

Early Toxicity Testing Market Forecast Report (2018-2023)

The Global Early Toxicity testing Market is worth USD 769.18 million in 2018 and estimated to grow at a CAGR of 7.8%, to reach USD 1119.75 billion by 2023.

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Early Toxicity Testing Market Segmentation

The Global market for Competent Cells is segmented on the basis of technique, assays, end user and region. On the basis of technique, the market is categorized into in-vito, in-vivo and silico. The in-vitro technique is further segmented into carcinogenicity, dermal toxicity, skin sensitization and irritation, systemic toxicity, genotoxicity and others. Based on assays, the market is segmented into cell based ELISA and western bolts, enzyme toxicity assays, tissues cultures assays, receptor binding assays and others. 

Geographically, the Early Toxicity Testing market is fragmented into Asia-Pacific, North America, Europe, Latin America and Middle East Asia. North America is estimated to constitute the largest share in this market, followed by Europe. Asia-Pacific is expected to reach the high CGAR.

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Major Players: 

The major companies dominating this market for its products and services are

Covance
Thermo Fisher Scientifics
Quest Diagnostics Corporation
Agilent Technologies
Sigma Aldrich
BD Biosciences
Bio-Rad
Gene Logic
Accelrys
Charles River
Laboratories
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Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

About Us :
Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. A few key business areas that we handle with excellence include business process improvement, corporate financing and decision making based on market research, assisting in developing appropriate strategy and providing consultancy based on extensive research.

This release was published on openPR.