openPR Logo
Press release

Toxicology Laboratory Industry Analysis in North America is Expected to Reach a Valuation of US$ 695.1 Million by 2034

06-06-2025 07:22 AM CET | Health & Medicine

Press release from: Fact.MR

Toxicology Laboratory Industry

Toxicology Laboratory Industry

The toxicology laboratory market in North America generated US$ 239.2 million in revenue in 2024. It is projected to grow at a CAGR of 11.3% over the forecast period, reaching a value of US$ 695.1 million by 2034.

This growth is primarily driven by increasing awareness of the importance of toxicological testing across various sectors. Stricter regulatory requirements, a growing demand for drug screening, and advancements in testing technologies are key factors propelling market expansion. Additionally, the rising emphasis on occupational health and environmental monitoring is further boosting the demand for toxicology laboratory services throughout the region.

For More Insights into the Market, Request a Sample of this Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=9738

Which Economic Barriers Impede the Progress of Toxicology Laboratories in North America?

"Limited Funding and Regulatory Complexities Challenge Market Growth"

The progress of toxicology laboratories in North America is hindered by several economic and operational barriers. One of the primary challenges is fiscal restraint within research institutions and healthcare systems, which limits the availability of funding for toxicology services. This financial uncertainty reduces the pace of adoption and expansion across the region.

Additionally, laboratories face significant operational burdens due to stringent regulatory requirements and evolving compliance standards. Frequent updates to testing guidelines and the introduction of new regulations increase both the complexity and cost of operations. These factors collectively create a challenging environment for toxicology labs, slowing down market growth despite rising demand.

Country-wise Analysis

The rising demand for toxicology laboratory services in North America is primarily driven by the United States and Canada, the region's key contributors. Among them, the United States is projected to dominate the market with a substantial 72.8% share by 2034, solidifying its position as the leading country in the toxicology laboratory sector.

This strong growth highlights an increasing reliance on toxicology services to address critical public health and safety concerns. The expanding use of these laboratories underscores their importance in regulatory compliance, drug testing, and environmental monitoring, contributing to the sector's growing prominence across North America.

Category-wise Outlook

By drug class, the amphetamines segment is projected to capture a 27.1% share of the industry by 2034. The opiates/opioids segment is also expected to hold a significant portion, accounting for 21.0% of the market by the same year.

In terms of products, reagents and kits are forecasted to dominate the market with a 57.5% share by 2034. Instruments will continue to play an important role as well, representing 42.5% of the market.

Regarding sample types, urine testing is anticipated to lead with a 52.7% share by 2034, followed by oral fluids, which are expected to account for 24.3% of the market.

Competitive Analysis

Key players dominating the North American toxicology laboratory market include Thermo Fisher Scientific, Inc., Danaher Corporation, Agilent Technologies, Alere, Inc., Bio-Rad Laboratories Inc., Neogen Corporation, Bruker, and Redwood Toxicology Laboratory. These leading companies are actively expanding their product portfolios to enhance core competencies, focusing on innovations that deliver optimal outcomes efficiently.

Manufacturers are also scaling up production capabilities and increasing their market share to meet the growing demand for toxicology testing services. To encourage adoption of new technologies, vendors emphasize unique selling points (USPs) through strategic innovations tailored to consumer needs.

Notable Breakthroughs and Innovations:

In June 2023, Lonza acquired Synaffix B.V., a company specializing in clinical-stage ADC (antibody-drug conjugate) technology. This acquisition strengthens Lonza's presence in North America, enhancing its manufacturing capabilities for pharmaceutical and biotech industries.
In May 2023, BML and Labcorp Drug Development announced plans to expand clinical laboratory testing capacities in Japan, reinforcing their product offerings and global footprint.
In December 2022, Merck KGaA and Mersana Therapeutics, Inc. entered a research collaboration and commercial license agreement aimed at discovering novel antibody-drug conjugates using Mersana's Immunosynthen STING-agonist ADC platform, targeting dual-action therapies.
Thermo Fisher Scientific Inc. expanded its laboratory operations in Highland Heights, Kentucky, in October 2022, enhancing services for biopharma clients and accelerating drug development. This move bolstered the company's clinical diagnostics capabilities and market share in North America.
PerkinElmer, Inc. introduced the GC 2400 Platform in June 2022, an advanced automated gas chromatography and mass spectrometry system designed to streamline lab workflows, improve accuracy, and offer greater monitoring flexibility.
These strategic developments highlight the sector's commitment to innovation and capacity expansion, positioning key players to better serve the evolving needs of the toxicology laboratory market in North America.

Browse Full Report: https://www.factmr.com/report/toxicology-laboratory-industry-analysis-in-north-america

Segmentation of Toxicology Laboratory Industry in North America

By Drug Class:
Alcohol
Amphetamines
Barbiturates
Benzodiazepines
Opiates/Opioids
Tricyclic Antidepressants
Z Drugs
By Product:
Instruments
Reagents and Kits
By Sample:
Urine
Blood
Hair
Oral Fluids
By End User:
Hospitals and Trauma Centers
Forensic Laboratories
Diagnostic Laboratories
Rehabilitation Centers
By Country:
United States
Canada

Check out More Related Studies Published by Fact.MR:

ATP Assay Market
https://www.factmr.com/report/atp-assay-market
Guidewires Market
https://www.factmr.com/report/4682/guidewires-market
PCR and Real-time PCR Molecular Diagnostics Market
https://www.factmr.com/report/5247/pcr-and-realtime-pcr-molecular-diagnostics-market
Nonmydriatic Handheld Fundus Cameras Market
https://www.factmr.com/report/nonmydriatic-handheld-fundus-cameras-market

Contact:

US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232
Email: sales@factmr.com

About Fact.MR

We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Toxicology Laboratory Industry Analysis in North America is Expected to Reach a Valuation of US$ 695.1 Million by 2034 here

News-ID: 4054402 • Views:

More Releases from Fact.MR

Intelligent Transport System Market is Evaluatedto Reach USD 63.77 Billion by 2034 | Fact.MR
Intelligent Transport System Market is Evaluatedto Reach USD 63.77 Billion by 20 …
Fact.MR today released its latest report on the Intelligent Transport System (ITS) Market, projecting robust growth driven by increasing urbanization, rising demand for efficient traffic management, and advancements in smart mobility technologies. Valued at USD 30.66 billion in 2024, the global market is forecasted to expand at a compound annual growth rate (CAGR) of 7.6%, reaching USD 63.77 billion by 2034. This significant growth underscores the critical role of ITS
Digital Door Lock System Market is Growing at a CAGR of 16% by 2034 | Key Players: Honeywell International Inc., Godrej & Boyce Manufacturing Company Ltd., and Samsung Electronics Co Ltd
Digital Door Lock System Market is Growing at a CAGR of 16% by 2034 | Key Player …
Digital Door Lock System Market is valued at USD 11 billion in 2024 and is projected to expand at a compound annual growth rate (CAGR) of 16%, reaching USD 48.7 billion by 2034. This remarkable growth is driven by the increasing popularity of smart homes, which integrate advanced security features for enhanced convenience and protection. Digital door lock systems, utilizing technologies like biometrics and wireless connectivity, offer keyless entry, remote
Electronic Access Control Systems Market is Estmated to Reach USD 32.5 Billion by 2033 | Key Players: Cisco Systems, Siemens AG, Honeywell International Inc., Robert Bosch GmbH, Schneider Electric SE
Electronic Access Control Systems Market is Estmated to Reach USD 32.5 Billion b …
The global electronic access control systems market is valued at USD 14.64 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 8.3%, reaching USD 32.5 billion by 2033. This growth is driven by the increasing need for advanced security solutions amid rising threats of terrorism, break-ins, and data breaches. Electronic access control systems, encompassing biometrics, card-based, keypad, intruder alarm, and perimeter security technologies,
Neurology Devices Market is Estimated to Reach USD 22,335.5 Million by 2035 | Fact.MR Report
09-01-2025 | Health & Medicine
Fact.MR
Neurology Devices Market is Estimated to Reach USD 22,335.5 Million by 2035 | Fa …
Neurology Devices Market was valued at USD 10,944.3 million in 2024 and is forecasted to expand at a CAGR of 6.7%, reaching USD 22,335.5 million by 2035. This growth reflects the increasing demand for advanced diagnostic and therapeutic tools to address neurological disorders, including Alzheimer's disease, Parkinson's disease, major depression, epilepsy, spinal cord injury, and traumatic brain injury. Neurology devices play a crucial role in diagnosing, preventing, and treating these

All 5 Releases


More Releases for North

Man and Van North London: Your Go-To Moving Solution in North London
North London, London - June 23, 2025 - Looking for a stress-free and efficient moving experience in North London? Look no further than Man and Van North London, the trusted, reliable moving service that's changing the way people approach relocation. Based in the heart of North London at 2 Abbotsbury, the team at Man and Van North London provides affordable, hassle-free moving services designed to fit every need. Whether you're moving
North America Biosimulation Market
The global biosimulation market is experiencing rapid expansion, driven by advancements in technology and the increasing demand for computational tools that can accelerate drug discovery, clinical trials, and regulatory processes. As of 2023, the market was valued at USD 3.5 billion and is projected to reach USD 14.1 billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 16.90% from 2024 to 2032. Biosimulation, which involves the use of
Entirewire Electrician North Canton Offers Top-Tier Electrical Services for Nort …
Image: https://www.getnews.info/wp-content/uploads/2024/09/1726505467.png Entirewire Electrician North Canton provides high-quality electrical services to residential and commercial clients in North Canton, OH. Specializing in electrical panel replacement, repairs, and installations, their team of certified electricians ensures safe, reliable, and efficient solutions, making them a trusted choice for all electrical needs in the local community. North Canton, OH - Entirewire Electrician North Canton continues to provide exceptional electrical services for residents and businesses in the
Web Design North: Providing Exceptional Graphic Design Services in North Bay
Web Design North, a leading digital marketing and SEO agency, provides peerless graphic design services in North Bay. Specific and highly effective digital solutions can help solve the challenges businesses encounter in reaching their target audience. With the combination of these solutions and the expertise of digital professionals, business owners can rest assured that they will make more progress and thrive among their competitors. Web Design North is a dedicated marketing
Web Design North Offers Digital Marketing Services in North Bay, Canada
Web Design North is a reputable company that provides digital marketing solutions and website development services in Canada. Web Design North is excited to debut its updated website, showcasing a more modern and user-friendly design. The new site features easy navigation, allowing potential clients to easily browse and learn about the company's services and view their impressive portfolio of work. As a leading web design company, Web Design North understands the
Web Design North Now Offers North Bay Website Designing Services
Web Design North has successfully worked with businesses of all sizes across North America and internationally. Web Design North, a leading digital marketing agency in Canada, is proud to announce its expertise in web designing and SEO marketing for businesses in various industries across the country. With a team of experienced professionals, Web Design North has helped numerous clients establish a strong online presence and drive significant traffic to their websites.