openPR Logo
Press release

Early Toxicity Testing Market to Witness Comprehensive Growth by 2024

03-12-2018 01:25 PM CET | Health & Medicine

Press release from: Transparency Market Research

Early Toxicity Testing Market to Witness Comprehensive Growth

Toxicity is an extent to which a particular substance can damage the living organism; it is important parameter to be evaluated during all stages of drug development. Toxicity is one of the major reasons for failure of drug development and rejection of drug candidate. Toxicity can be because of dosage, form, half life and other parameters of drug. Since long time toxicity is measured at the later stage of the drug development process but considering higher rejection rate of drug in recent years citing high toxicity level and cost impact of later stage failure, companies started Early Toxicity Testing and taken measures accordingly to reduce the attrition rate in drug discovery.

Early toxicity testing can be of three types namely in vivo, in vitro and in silico. In vivo toxicity testing is performed on living animals, in in vitro technique testing is performed in laboratories using biochemical assays and cellular assays without animals whereas in in silico technique testing is done by data analysis on computer with the help of data mining and data modeling tools. Out of all these techniques, there are significant advancements happened in in vivo technique; while other two techniques are still in development stage.

Request to View Brochure of Report -

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2443

According to industry leader, cost of drug those get rejected because of late toxicity is 40% of overall drug development spending, where there is around USD 50 billion spend on drug development put together. Many organizations which are working towards environment and animal protection are opposing in vivo approach, and are pressurizing governments to make companies opt for in silico approach. Several initiatives such as FDA’s Critical Path Initiative and the European Union’s Seventh Research Framework Programme are aimed at improving toxicity evaluation process during drug development stages.

Therefore in coming years there may be considerable shift of paradigm from in vivo to in vitro and in silico. There are some studies conducted for usage of nanoparticles in toxicological testing, along with this developments are also in progress for producing 3 dimensional human tissues for toxicity testing. Organovo is one of the players focused on replacing animal testing and biological assays by producing model of human liver. This model mimics the form and functions of human liver and therefore can be used for toxicological testing.

Request to View ToC of Report -

https://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=2443

Early toxicity testing market can be segmented in various categories such as on the basis of regional geography, approach of technique and according to market share by major companies. According to technical approach early toxicity testing market is segmented in in vivo, in vitro and in silico, among all these in vivo market contributing highest followed by in vitro and in silico. Pharmaceutical companies, chemical companies and companies related to food products are main customers for early toxicity detection testing players.

Some of the market players in this industry segment are Accelrys, BD Biosciences, Beckman Coulter, Inc., Charles River Laboratories, Gene Logic, Invitrogen, Covance, IDBS, Thermo Fisher.

View Report -

https://www.transparencymarketresearch.com/early-toxicity-testing.html

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

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 Early Toxicity Testing Market to Witness Comprehensive Growth by 2024 here

News-ID: 974871 • Views:

More Releases from Transparency Market Research

Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 - Transparency Market Research
Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 …
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth. Uncover essential discoveries and trends from
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Radiopharmaceuticals to Propel Market Expansion | Transparency Market Research, Inc
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra …
The global Technetium‐99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth. Discover essential conclusions and data from our Report in this sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100 Analysts' Viewpoint The Technetium‐99m
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to US$ 280 Million by 2030, Driven by Rising Equine Diseases and Diagnostic Advancements
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to …
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equine
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of 6.1%
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of …
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,

All 5 Releases


More Releases for Toxicity

Rising Cancer Incidence Drives Demand For Effective Radiation Toxicity Treatment …
Our market reports now include the latest updates on global tariffs, trade impacts, and evolving supply chain dynamics. What Is the Projected Growth of the Radiation Toxicity Treatment Market? In recent years, the market for radiation toxicity treatment has seen robust growth. The market value is set to increase from $3.74 billion in 2024 to $3.99 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 6.7%. The substantial growth witnessed
Global In Vivo Toxicology Market Size - By Product Type(Chronic Toxicity Testing …
Market Overview and Report Coverage In Vivo Toxicology refers to the study of the effects of substances on living organisms, often using animal models to assess the safety and efficacy of drugs, chemicals, and other agents. This field is crucial in pharmaceutical development, environmental risk assessment, and regulatory compliance, as it helps identify potential toxic effects before human exposure. Currently, the In Vivo Toxicology Market is experiencing significant growth due to increasing
Global In Vivo Toxicology Market Size - By Product Type(Chronic Toxicity Testing …
In Vivo Toxicology Market Snapshot: Insight into Market Trends and Movements In vivo toxicology involves assessing the safety and effects of substances on living organisms, typically using animal models to determine toxicity levels. The In Vivo Toxicology market is experiencing significant growth, driven by increased research and development in pharmaceuticals and biotechnology. As regulatory standards become stricter, there is a rising demand for efficient toxicology testing to ensure drug safety and efficacy.
Latest Trends in Global Low-Toxicity Coatings Market
A chemical's toxicity is a gauge of its ability to poison. Low-toxic chemicals require high concentrations or dosages to be hazardous. High toxicity chemicals can poison you in just a few doses.Even in little doses, a highly poisonous chemical can induce severe poisoning symptoms. Request for Sample@ https://mobilityforesights.com/?s=Global+Low-toxicity+coatings+market Low toxicity substances typically require high doses to cause modest symptoms. When ingested in big quantities, even everyday items like salt and coffee turn
Early Toxicity Testing Market is Driven by Rise in Focus on Early Detection of T …
Early Toxicity Testing Market: Introduction An early toxicity testing or screening is the process of safety assessment which determines the level of tissue or cell damage and maximum safe concentration of any chemical or drug. It is generally performed during preclinical development of products. Toxicology testing may also be carried out to determine the approximate amount and type of drugs present in the blood such as alcohol, amphetamine, barbiturates, benzodiazepine. Read Report Overview
In Vitro Toxicity Testing Global Market 2019
Press Release – 23 Jan 2019 Research and Development News -- . . Latest Update "In Vitro Toxicity Testing: Technologies and Global Markets" with Industries Survey | Global Current Growth and Future. ' ' The global in vitro toxicity market should grow at a compound annual growth rate (CAGR) of xxx during the forecast period (20182023). Every year more chemicals are synthesized and are brought into the market. The cost of animal testing is