Press release
Global In-Vitro Toxicology Testing Market was Valued at US$ 24.18 Billion in 2023 and is Projected to Hit the Market Valuation of US$ 54.52 Billion by 2032 at a CAGR of 9.23% During the Forecast Period 2024-2032 | Astute Analytica
The global ๐ข๐ง-๐ฏ๐ข๐ญ๐ซ๐จ ๐ญ๐จ๐ฑ๐ข๐๐จ๐ฅ๐จ๐ ๐ฒ ๐ญ๐๐ฌ๐ญ๐ข๐ง๐ ๐ฆ๐๐ซ๐ค๐๐ญ is experiencing substantial growth, with the market valued at ๐๐$ ๐๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐๐๐๐ and projected to reach an impressive ๐๐$ ๐๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐. This rapid expansion, driven by a compound annual growth rate(๐๐๐๐) ๐จ๐ ๐.๐๐% ๐๐ซ๐จ๐ฆ ๐๐๐๐ ๐ญ๐จ ๐๐๐๐, highlights the increasing demand for alternative testing methods that eliminate the use of animals.๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:- https://www.astuteanalytica.com/request-sample/in-vitro-toxicology-testing-market
In-vitro toxicology testing plays a pivotal role in determining the potential toxic effects of chemical substances, pharmaceuticals, and cosmetics without relying on animal testing. This method is not only more ethical but also cost-effective, reliable, and time-efficient, driving its growing adoption across industries such as pharmaceutical, biotechnology, chemical, and cosmetics.
Moreover, stringent regulations by government bodies such as the U.S. Food and Drug Administration (FDA), the European Medicines Agency (EMA), and other global regulatory authorities have played a critical role in accelerating the adoption of in-vitro methods. This has further contributed to reducing the risks associated with human drug trials and improving the accuracy of test results.
๐๐๐ฒ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐ง-๐๐ข๐ญ๐ซ๐จ ๐๐จ๐ฑ๐ข๐๐จ๐ฅ๐จ๐ ๐ฒ ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ:
๐๐๐ซ๐ค๐๐ญ ๐๐๐ฅ๐ฎ๐๐ญ๐ข๐จ๐ง: US$ 24.18 billion in 2023, projected to reach US$ 54.52 billion by 2032.
๐๐๐๐: Expected to grow at 9.23% during the forecast period 2024-2032.
๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ: Significant advancements in cell-based assays, in-silico modeling, and 3D models.
๐๐๐ ๐ฎ๐ฅ๐๐ญ๐จ๐ซ๐ฒ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐: Strengthened support from regulatory bodies to reduce reliance on animal testing.
As the global demand for non-animal testing methods continues to rise, the in-vitro toxicology testing market is poised for robust growth in the coming years.
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง, ๐ฉ๐ฅ๐๐๐ฌ๐ ๐๐จ๐ง๐ญ๐๐๐ญ: https://www.astuteanalytica.com/request-sample/in-vitro-toxicology-testing-market
๐๐จ๐ฉ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐๐ฅ๐จ๐๐๐ฅ ๐๐ง-๐๐ข๐ญ๐ซ๐จ ๐๐จ๐ฑ๐ข๐๐จ๐ฅ๐จ๐ ๐ฒ ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ
โข Charles River
โข Bio Rad Laboratories, Inc
โข Abott
โข Thermofisher Scientific Inc.
โข Catalent Inc.
โข GE Healthcare
โข Eurofins Scientific
โข Laboratory Corporation of America Holdings
โข Evotec
โข Genotronix
โข BioIVT
โข Merck
โข Other Prominent Players
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
๐๐ฒ ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ
โข Equipment
โข Assay
o Bacterial Toxicity Assays
o Protein Degradation
o GPCRs
o Nuclear Receptors
o Tissue Culture Assays
o Others
โข Consumables
โข Services
๐๐ฒ ๐๐๐ญ๐ก๐จ๐
โข Cellular Assay
โข Biochemical Assay
โข In Silicon
โข Ex-Vivo
๐๐ฒ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ
โข Cell Culture Technology
โข High Throughput Technology
โข OMICS Technology
๐๐ฒ ๐๐จ๐ฑ๐ข๐๐ข๐ญ๐ฒ ๐๐ง๐๐ฉ๐จ๐ข๐ง๐ญ & ๐๐๐ฌ๐ญ
โข ADME
โข Skin Irritation, Corrosion & Sensitization
โข Genotoxicity Testing
โข Cytotoxicity Testing
โข Ocular Toxicity
โข Phototoxicity Testing
โข Dermal Toxicity
โข Others
๐๐ฒ ๐๐ง๐ ๐๐ฌ๐๐ซ
โข Pharmaceutical
โข Cosmetics & Household
โข Academic Institutes & Research Laboratories
โข Diagnostics
โข Chemicals Industry
โข Food Industry
โข Others
๐๐ฒ ๐๐๐ ๐ข๐จ๐ง
โข North America
o The U.S.
o Canada
o Mexico
โข ๐๐ฎ๐ซ๐จ๐ฉ๐
o Western Europe
๏ง U.K.
๏ง Germany
๏ง France
๏ง Spain
๏ง Italy
๏ง Rest of Western Europe
o Eastern Europe
๏ง Poland
๏ง Russia
๏ง Rest of Eastern Europe
โข ๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
โข ๐๐ข๐๐๐ฅ๐ ๐๐๐ฌ๐ญ & ๐๐๐ซ๐ข๐๐ (๐๐๐)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
โข ๐๐จ๐ฎ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐
o Argentina
o Brazil
o Rest of South America
๐๐๐๐๐ฌ๐ฌ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ:- https://www.astuteanalytica.com/request-sample/in-vitro-toxicology-testing-market
๐๐๐จ๐ฎ๐ญ ๐๐ฌ๐ญ๐ฎ๐ญ๐ ๐๐ง๐๐ฅ๐ฒ๐ญ๐ข๐๐:
Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.
They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyse for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.
๐๐๐ญ ๐ข๐ง ๐ญ๐จ๐ฎ๐๐ก ๐ฐ๐ข๐ญ๐ก ๐ฎ๐ฌ
๐๐ก๐จ๐ง๐ ๐ง๐ฎ๐ฆ๐๐๐ซ: +18884296757
๐๐ฆ๐๐ข๐ฅ: sales@astuteanalytica.com
๐๐ข๐ฌ๐ข๐ญ ๐จ๐ฎ๐ซ ๐ฐ๐๐๐ฌ๐ข๐ญ๐: https://www.astuteanalytica.com/
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