0

Global Toxicology Testing Market 2017-2021

  • Published: Oct 2017
  • Pages: 79
  • SKU: IRTNTR15208
Technavio

The 2022-2026 version of this report is just being published. Buy it now and get up to $1000 worth of free customization!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted
  • 2500.00
  • USD

This industry research report identifies Agilent Technologies, Bio-Rad Laboratories, GE Healthcare, and Thermo Fisher Scientific as the key vendors in the global toxicology testing market. This industry research report also presents a comprehensive analysis of the market by end user (pharmaceutical industry, food industry, and others) and by geography (the Americas, APAC, and EMEA).

Overview of the global toxicology testing market

Technavio’s market study identifies the regular use of toxicology testing in pharmaceutical and biotechnology industries to be one of the primary growth factors for the toxicology testing market. Increasing number of pharmaceutical and biotechnology companies are being set up to cater to the growing population and their demand for new drug therapies. Toxicology testing is carried out to prevent late-stage failures in the discoveries of the chemicals used. Additionally, this test checks the appropriate balance of potency, efficacy, safety, and favorable pharmacokinetics of the drug, to ensure it is safe. Our market research analysts estimate that the toxicology tests market will grow steadily at a CAGR of about 12% by 2021.

Laboratories in the US are increasingly adopting automation to cater to the growing demand for quality and error-free results. Automated systems provide effective workflow solutions by reducing time and workforce, and cater to the influx of patients with insurance coverage. The increasing automation of toxicology screening is identified to be one of the key trends contributing towards the growth of the toxicology testing market. Pharmaceutical industries and laboratories are increasingly adopting automation systems, influenced by the advances in technologies, that result in an increased efficiency and speed for developing vigorous and extremely productive results.

Competitive landscape and key vendors

The toxicology testing market is fragmented owing to the presence of several international, regional, and local vendors. Key players in this market account for major market shares in terms of quality, price, market reach, and financial resources. Intense competition among the players on basis of factors such as price, availability, brand, and variety, results in the development of innovation products. M&A and new entrants are prevalent, influenced by the high growth potential of the toxicology tests market.

The leading vendors in the market are

  • Agilent Technologies
  • Bio-Rad Laboratories
  • GE Healthcare
  • Thermo Fisher Scientific

The other prominent vendors in the market are Alere, Charles River Laboratories, CiToxLAB, Covance, Cyprotex, Eurofins Scientific, MB Research Laboratories, Merck, Product Safety Labs, and Quest Diagnostics.

Segmentation by end user and analysis of the toxicology testing market

  • Pharmaceutical industry
  • Food industry

In the pharmaceutical industry, toxicology testing is prominently used in clinical research and post-marketing effects of drug. The pharmaceutical industries are producing high quantities of new drugs and personalized medicines, influenced by the rising incidences of chronic disorders. This will consequently demand the need for toxicology tests.

Geographical segmentation and analysis of the toxicology testing market

  • Americas
  • APAC
  • EMEA

In the Americas, US and Canada will be the major revenue contributor to the toxicology testing market. The biotechnology and pharmaceutical industries in these regions are adopting toxicity testing techniques supported by the healthcare expenditure and increasing emphasis on the development of new and prominent drug assessment techniques.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global toxicology testing market?
  • What are the key market trends impacting the growth of the global toxicology testing market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global toxicology testing market?
  • What are the market opportunities and threats faced by the vendors in the global toxicology testing market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global toxicology testing market?

Technavio also offers customization on reports based on specific client requirement.

Read More Read Less

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION

  • Market outline
  • Toxicology testing methods

PART 05: MARKET LANDSCAPE

  • Market size and forecast
  • Five forces analysis

PART 06: MARKET SEGMENTATION BY END-USERS

  • Global toxicology testing market by end-users
  • Global toxicology testing market by pharmaceutical industry
  • Global toxicology testing market by food industry
  • Global toxicology testing market by others

PART 07: REGIONAL LANDSCAPE

  • Geographical segmentation
  • Regional comparison
  • Toxicology testing market in Americas
  • Toxicology testing market in EMEA
  • Toxicology testing market in APAC
  • Market opportunity

PART 08: DECISION FRAMEWORK

PART 09: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 10: MARKET TRENDS

  • Increasing use of in silico technologies
  • Rise in investment in R&D
  • Automation of toxicology screening
  • Increased use of toxicology testing in forensics

PART 11: VENDOR LANDSCAPE

  • Competitive scenario
  • Investment opportunity

PART 12: KEY VENDOR ANALYSIS

  • Agilent Technologies
  • Bio-Rad Laboratories
  • GE Healthcare
  • Thermo Fisher Scientific
  • Other prominent vendors

PART 13: APPENDIX

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your FREE sample now!
Safe and Secure SSL Encrypted
Technavio

Single User:

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Want to customize this report?

This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

We offer $1000 worth of FREE customization at the time of purchase
Technavio
Enquire Before Buying
  1. Home
  2. Health Care
  3. Published Report
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>