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ADME Toxicology Testing Global Market: Steady Growth, Key Players, Emerging Trends, and Forecast for 2024-2029
ADME Toxicology Testing Market Size
What Is The Projected Market Size Of The Global ADME Toxicology Testing Global Market Report 2025 And Its Growth Rate?
The ADME toxicology testing market promises robust growth, driven by innovations in drug development, advancements in testing methods, and increased emphasis on safety.
•2024 Market Size: $10.4 billion
•2025 Market Size: $11.53 billion (10.8% CAGR)
•2029 Market Size: $18.06 billion (11.9% CAGR)
Stricter regulatory requirements, rising concerns about drug safety, global increase in chemical safety testing, and the rapid expansion of biopharmaceuticals contribute substantially to its growth.
What Is Driving The Growth In The ADME Toxicology Testing Global Market Report 2025?
The burgeoning demand for novel drugs is anticipated to boost the growth of the ADME toxicology testing market. These novel pharmaceutical substances, which haven't been previously approved for therapeutic use, warrant thorough ADME toxicity testing during development to ensure no harmful toxins are produced in the body. For instance, the Center for Drug Evaluation and Research (CDER), a U.S. branch of the FDA, approved 55 novel drugs in 2023, out of which 20 (36%) were first-of-their-kind, compared to 37 in 2022. Therefore, this rising demand for novel drugs underscores the growth potential of the ADME toxicology testing market.
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Who Are the Key Players Driving ADME Toxicology Testing Global Market Report 2025 Growth?
Major companies influencing the growth of the ADME toxicology testing market include:
•AbbVie Inc.
•Thermo Fisher Scientific Inc.
•Boehringer Ingelheim GmbH
•Laboratory Corporation of America Holdings
•Corning Incorporated
•Eurofins Scientific SE
•Agilent Technologies Inc.
•Lonza Group AG
•Dassault Systèmes SE
•Catalent Inc.,
•Charles River Laboratories International Inc.,
•Beckman Coulter Inc.,
•PerkinElmer Inc.,
•Bio-Rad Laboratories Inc.,
•Curia Global Inc.,
•Promega Corporation,
•Takara Bio Inc,
•AB Sciex LLC,
•QPS Holdings LLC,
•Simulations Plus Inc.,
•Cyprotex,
•XenoTech LLC,
•BioIVT LLC,
•Absorption Systems,
•Creative Bioarray,
•SOLVO Biotechnology Rt.,
•Creative Biolabs Inc.,
•Gentronix Limited,
•Admecell Inc.,
•Molecular Discovery Ltd.
What Are The Key Trends In The ADME Toxicology Testing Global Market Report 2025?
•Expansion of biomarker applications
•Integration of multi-omics data
•Regulatory emphasis on in vitro testing
•Collaborations and partnerships
•Continuous advancements in technology
What Are The Segments Of The Global ADME Toxicology Testing Global Market Report 2025?
1) By Product Type: Instruments, Software Solutions, Assays Systems, Reagents, Other Products
2) By Method: Cellular Assay, Biochemical Assay, In Silica, Ex-Vivo
3) By Technology: Cell Culture, High Throughput, Molecular Imaging, OMICS Technology, Other Technologies
4) By Application: Systemic Toxicity, Renal Toxicity, Hepatotoxicity, Neurotoxicity, Other Applications
5) By End-User: Cosmetics And Household Products, Pharmaceutical Industry, Animal Industry, Food Industry, Other End Users
Which Region Leads The ADME Toxicology Testing Global Market Report 2025?
North America dominated the ADME toxicology testing market in 2024, and Asia-Pacific is expected to outpace other regions in terms of growth during the forecast period. The report encompasses key regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The ADME Toxicology Testing Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the ADME Toxicology Testing Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the ADME Toxicology Testing Global Market Report 2025 to tailor the categorization.
- Key Player Focus: Focus on key players to elaborate their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall ADME Toxicology Testing Global Market Report 2025 growth.
- Growth Drivers: Detail the key factors influencing market growth, including growth opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the ADME Toxicology Testing Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, like expansions, agreements, and new product launches in the market.
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