Toxicology Testing Services Market was valued at US$ 8.15 Bn in 2022. Global Toxicology Testing Services Market size is expected to grow at a CAGR of 9.02 % through the forecast period.Toxicology Testing Services Market Overview:
Toxicology testing is defined as a process of finding out the degree at which a substance of interest can impact negatively on the regular biological functions of an organism. The process is also called as the toxicity testing or safety assessment. The toxicology testing looks for the traces of drugs in your blood, urine, hair, sweat, or saliva. A toxicology test doesn’t show if you have an addiction problem. It also doesn’t pinpoint how much of a drug you’ve used or when. It only tells how much drug you have consumed recently. The toxicology testing performed after a person's death is known as forensic toxicology testing or post-mortem drug testing. The report explores the Global Toxicology Testing Services Market segments (Method, Type of Industry and Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). The MMR market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2017 to 2022. The report investigates the Global Toxicology Testing Services Market drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Global Toxicology Testing Services Market contemporary competitive scenario.To know about the Research Methodology :- Request Free Sample Report
Toxicology Testing Services Market Dynamics:
The global toxicology testing services is expected to growth with the highest market share during the forecast period. This growth can be characterized to the abundance of reasons. The key factors that are the boosting up the global toxicology testing services market are increasing demand for the detection of toxicity of products during their initial stages of development and rise in research and development expenditure. The advantages of rising the consumer awareness regarding the safety for the use of healthcare and cosmetic products are given to the global toxicology testing services market. Because of these factors the key vendors which are working in the global toxicology testing services market will witness the large growth opportunities during the forecast period. The global toxicology testing services is divided in nature. The presence of significant number of well-established players symbolizes the intense competition level in the market. The research and development activities are invested by the well-established vendors in the global toxicology testing services market. This leads to help them to offer superior qualities of services. In addition to this, growing number of partnerships and collaborations leads to the global toxicology testing services market to grow at a remarkable rate during the forecast years.COVID-19 Impact on Toxicology Testing Services Market:
Medical toxicology and infectious disease are not specialties traditionally associated with one another. Pandemics, however, have a way of disrupting convention, and in this era of modern medicine, our specialty has much to offer. During the COVID-19 pandemic, the production and supply chain are delayed and leading the challenge to the global toxicology testing services market, as end-user industries were still not functioning at full capacity.Toxicology Testing Services Market Segment Analysis:
Based on Type of Industry, The segment pharmaceuticals and biotechnology are expected to lead the market with highest share xx% in the year 2022. Due to the increased expenditure on research and development activities by these industries the pharmaceuticals and biotechnology segment leads to the fastest growing market. Apart from this, rise in preference towards outsourcing preclinical studies to contract research organizations was one of the key factors that helped industries to manage their cost on research and development activities as well as concentrate on their key competencies. These all factors lead to the growth of global toxicology testing services. Based on Method, the segment in vivo method dominated the market with the highest CAGR with XX% during the forecast period. In vivo toxicology is termed as the high-priced and time-consuming method. In addition, this method is used for animals which is painful during testing procedures. due to all these reasons, the ethical communities are putting effort on banning the use of animals for testing and research of toxicity of chemicals. Therefore, in silicon and in vitro method various alternative methods of toxicology testing are included which is also gaining the popularity in the market.Toxicology Testing Services Market Regional Insights:
The North America region is expected to witness significant growth at a CAGR of xx% through the forecast period because of the large number of corporations which are involved in various drug innovation and development activities. The pharmaceutical and biotechnology industry which produces drugs and additional products and helps the human and animals to live a healthier life and also for recovering from injuries. The pharmaceutical and biotechnology industry are skilled in their profession and they focus on their facilities. According to their facilities they manage their research and development cost. These dynamics are estimated to effort the pharmaceutical and biotechnology businesses section of the toxicology testing services market. Stringent regulations by Food and Drug Administration (FDA) regarding toxicological screening of drugs in advance entering into human trials. Furthermore, increase dependence and expertise providing toxicology testing services leading to development in outsourcing of preclinical procedures, and rise in R&D expenditure of important corporations involved in the development procedure and drug discovery. The objective of the report is to present comprehensive analysis of global toxicology testing services market including all the stakeholders of the industry. The objective of the report is to present a comprehensive analysis of the Global Toxicology Testing Services Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Global Toxicology Testing Services Market dynamic, structure by analyzing the market segments and projecting the Global Toxicology Testing Services Market size. Clear representation of competitive analysis of key players by Vehicle type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Toxicology Testing Services Market make the report investor’s guide.Toxicology Testing Services Market Scope: Inquire before buying
Global Toxicology Testing Services Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2017 to 2022 Market Size in 2022: US $ 8.15 Bn. Forecast Period 2023 to 2029 CAGR: 9.02% Market Size in 2029: US $ 14.92 Bn. Segments Covered: by Method • In Vitro Method • In Vivo Method • In Silico Method by Type of Industry • Pharmaceutical and Biotechnology • Cosmetic • Chemical • Medical Devices • Others Toxicology Testing Services Market, by Region
• North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)Toxicology Testing Services Market Key Players
• Bureau Veritas • Charles River Laboratories • Eurofins Scientific • Envigo • Pharmaceutical Product Development • Evotec A.G. • Merck KGaA • MPI Research • SGS Group • Wuxi Apptec • Laboratory Corporation of America Holdings • North American Science Associates • ITR Laboratories Canada Inc. • Pharmaron Beijing Co. Ltd. • Aragen Life Sciences • Chempartner • Fera science Ltd. • Pacific Biolabs • STILLMEADOW, Inc. • ZeClinics • Vipragen Biosciences Private Limited • Syngene International Limited • RCC Laboratories India Private Limited • PRADO Private Limited • Oroxcell • Metrion Biosciences • NAMSA Inc. • Jubilant Biosys Limited • Computational Toxicology Services LLC • Altasciences Frequently Asked Questions: 1] What segments are covered in the Global Toxicology Testing Services Market report? Ans. The segments covered in the Global Toxicology Testing Services Market report are based on Type and Application. 2] Which region is expected to hold the highest share in the Global Toxicology Testing Services Market? Ans. North America region is expected to hold the highest share in the Global Toxicology Testing Services Market. 3] What is the market size of the Global Toxicology Testing Services Market by 2029? Ans. The market size of the Global Toxicology Testing Services Market by 2029 is expected to reach US$ 14.92 Bn. 4] What is the forecast period for the Global Toxicology Testing Services Market? Ans. The forecast period for the Global Toxicology Testing Services Market is 2023-2029. 5] What was the market size of the Global Toxicology Testing Services Market in 2022? Ans. The market size of the Global Toxicology Testing Services Market in 2022 was valued at US$ 8.15 Bn.
1. Global Toxicology Testing Services Market: Research Methodology 2. Global Toxicology Testing Services Market: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Toxicology Testing Services Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Toxicology Testing Services Market: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12. COVID-19 Impact 4. Global Toxicology Testing Services Market Segmentation 4.1. Global Toxicology Testing Services Market, By Method (2022-2029) • In Vitro Method • In Vivo Method • In Silico Method 4.2. Global Toxicology Testing Services Market, By Type of Industry (2022-2029) • Pharmaceutical and Biotechnology • Cosmetic • Chemical • Medical Devices • Others 5. North America Toxicology Testing Services Market (2022-2029) 5.1. North America Airway Management Devices Market, By Method (2022-2029) • In Vitro Method • In Vivo Method • In Silico Method 5.2. North America Airway Management Devices Market, By Type of Industry (2022-2029) • Pharmaceutical and Biotechnology • Cosmetic • Chemical • Medical Devices • Others 5.3. North America Airway Management Devices Market, by Country (2022-2029) • United States • Canada • Mexico 6. European Toxicology Testing Services Market (2022-2029) 6.1. European Airway Management Devices Market, By Method (2022-2029) 6.2. European Airway Management Devices Market, By Type of Industry (2022-2029) 6.3. European Airway Management Devices Market, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Toxicology Testing Services Market (2022-2029) 7.1. Asia Pacific Airway Management Devices Market, By Method (2022-2029) 7.2. Asia Pacific Airway Management Devices Market, By Type of Industry (2022-2029) 7.3. Asia Pacific Airway Management Devices Market, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Toxicology Testing Services Market (2022-2029) 8.1. Middle East and Africa Airway Management Devices Market, By Method (2022-2029) 8.2. Middle East and Africa Airway Management Devices Market, By Type of Industry (2022-2029) 8.3. Middle East and Africa Airway Management Devices Market, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Toxicology Testing Services Market (2022-2029) 9.1. South America Airway Management Devices Market, By Method (2022-2029) 9.2. South America Airway Management Devices Market, By Type of Industry (2022-2029) 9.3. South America Airway Management Devices Market, by Country (2022-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1 Bureau Veritas 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Charles River Laboratories 10.3. Eurofins Scientific 10.4. Envigo 10.5. Pharmaceutical Product Development 10.6. Evotec A.G. 10.7. Merck KGaA 10.8. MPI Research 10.9. SGS Group 10.10. Wuxi Apptec 10.11. Laboratory Corporation of America Holdings 10.12. North American Science Associates 10.13. ITR Laboratories Canada Inc. 10.14. Pharmaron Beijing Co. Ltd. 10.15. Aragen Life Sciences 10.16. Chempartner 10.17. Fera science Ltd. 10.18. Pacific Biolabs 10.19. STILLMEADOW, Inc. 10.20. ZeClinics 10.21. Vipragen Biosciences Private Limited 10.22. Syngene International Limited 10.23. RCC Laboratories India Private Limited 10.24. PRADO Private Limited 10.25. Oroxcell 10.26. Metrion Biosciences 10.27. NAMSA Inc. 10.28. Jubilant Biosys Limited 10.29. Computational Toxicology Services LLC 10.30. Altasciences