In Vitro Toxicity Market will reach at $ 83.45 billion by 2032 Upcoming Trends, Segmented by Type, Application, End-User and Region -Agilent Technologies, Covance, Bio-Rad Laboratories, General Electric, Eurofins Scientific, BioReliance, Charles River Lab

The global in-vitro toxicology testing market size was estimated at USD 27.23 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 15.23% from 2021 to 2032. This market will reach at $ 83.45 billion by 2032. Significant advancements in toxicology science are one of the primary factors driving the market. Also, high costs associated with conventional animal tests and socio-ethical concerns associated with animal tests are anticipated to boost the growth of the market for in-vitro toxicology testing.

Some of the Major Key players profiled in the study are Agilent Technologies, Covance, Bio-Rad Laboratories, General Electric, Eurofins Scientific, BioReliance, Charles River Laboratories International, Thermo Fisher Scientific, Catalent, Cyprotex

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Technology Insights
The cell culture technology dominated the market for in-vitro toxicology testing in 2020 with a revenue share of over 47.0%. It serves as an excellent model for examining toxic effects since it provides consistent samples and reproducible results, which enables early-stage detection of toxicity in the drug development process. Moreover, cell cultures are increasingly replacing animal testing, leading to its extensive application.

In recent years, 3D cell culture models have gained significant traction due to the advantages it offers. For instance, it supports tissue-specific function, differentiation, and increases cell proliferation. Moreover, researchers are keen to incorporate mammalian cell culturing for designing novel therapeutic approaches as they aid in effective cell function investigation along with the screening of new compounds
Global In Vitro Toxicity Market Segmentation:

In Vitro Toxicity Segmentation by Type:

Dose Response, Threshold Response.

In Vitro Toxicity Segmentation by Application:

Distribution, Excretion, Metabolism

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Method Insights
The cellular assay segment dominated the market for in-vitro toxicology testing and accounted for the largest revenue share of 43.8% in 2020. This can be attributed to the wider availability of this technique for pharmacokinetic profiling of drug products. Moreover, several pharmaceutical and biotechnological companies are essentially dependent on cellular assays for toxicity screening in the early stages of drug development.

In-vitro cell viability assays offer several advantages, such as minimal cost, speed, and potential for automation. However, these assays pose several technical challenges and are yet to completely replace animal testing, thus posing challenges to their growth. On the other hand, the ex-vivo segment is expected to grow at a considerable rate over the forecast period.

Market Segmentation: By Geographical Analysis

The Middle East and Africa (GCC Countries and Egypt)
North America (the United States, Mexico, and Canada)
South America (Brazil etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

Regional Insights
North America dominated the in-vitro toxicology testing market and accounted for the largest revenue share of over 47.0% in 2020 owing to an increased focus of government bodies for drug discovery, rise in healthcare expenditure, and presence of adequate infrastructure for growth and development of drug discovery technologies. Furthermore, strong regulatory guidelines pertaining to drug development and approval have boosted the adoption of services in the regional market for in-vitro toxicology testing.

Ongoing launches of biologics and biosimilar products by biopharmaceutical manufacturers in the U.S. further drive the demand for in-vitro toxicology testing. In addition, government agencies are involved in investment and funding initiatives for drug discovery. National Institutes of Health and Defense Advanced Research Projects Agency are among some of the agencies actively involved in generating funds for basic drug discovery research and improving the adoption of alternative modes of toxicology testing in the U.S.
Key questions answered in the report include:

who are the key market players in the In Vitro Toxicity Market?
Which are the major regions for dissimilar trades that are expected to eyewitness astonishing growth for the In Vitro Toxicity Market?
What are the regional growth trends and the leading revenue-generating regions for the In Vitro Toxicity Market?
What will be the market size and the growth rate by the end of the forecast period?
What are the key In Vitro Toxicity Market trends impacting the growth of the market?
What are the major Product Types of In Vitro Toxicity?
What are the major applications of In Vitro Toxicity?
Which In Vitro Toxicity Services technologies will top the market in next 7 years?

Recent Developments
In March 2022, Laboratory Corporation of America Holdings acquired AtlantiCare diagnostic clinical laboratory services.
In September 2021, Laboratory Corporation of America Holdings Acquired Myriad Autoimmune's Vectra Testing Business, autoimmune business unit, including the Vectra rheumatoid arthritis (RA) assay.
In August 2020, Merck KGaA acquired BSSN Software, a German laboratory informatics company, for ease of data integration, collaboration, analysis, and long-term archiving in laboratories.
In April 2019, Charles River Laboratories acquired Citoxlab, a non-clinical CRO, for USD 494 million (EUR 448 million)

Table of Contents

Global In Vitro Toxicity Market Research Report 2022 - 2029

Chapter 1 In Vitro Toxicity Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global In Vitro Toxicity Market Forecast

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