Enjoy complimentary customisation on priority with our Enterprise License!
The global toxicology testing market size is estimated to increase by USD 27.5 billion growing at a CAGR of 15.09% between 2022 and 2027. The growth of the market depends on several factors, including a rise in toxicology testing in the food industry, regular use of toxicology testing in pharmaceutical and biotechnology industries, and increasing use of in-vitro tests as an alternative to animal testing. The global toxicology testing market is fragmented and is characterized by a mix of global and regional vendors. These vendors are constantly trying to invest in technology to develop innovative and advanced testing that is used across various end-user industries. Vendors are focusing on organic and inorganic strategies, such as technological innovations and mergers and acquisitions, to strengthen their position in the market.
This toxicology testing market research report extensively covers market segmentation by technology (cell culture technology, high throughput technology, molecular imaging, and omics technology), end-user (pharmaceutical industry, food industry, and others), and geography (North America, Europe, Asia, and Rest of World (ROW)). It also includes an in-depth analysis of drivers, trends, and challenges.
View the Bestselling Sample Report
Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The rise in toxicology testing in the food industry is notably driving market growth. The food industry has continually made improvements in safety testing methods, particularly focusing on microbial contaminants. The rapidly growing use of food additives, food contact substance development, and changing weather conditions has increased the need to explore the use of high-throughput chemical toxicology testing approaches for food safety as they are hazardous. Food additives are substances that are added to food to enhance the quality of food, such as taste and appearance, and for preservation.
The effects of several toxicants in food lead to oxidative stress and chronic inflammation. Further, oxidative reactions lead to an accumulation of damaged macromolecules that harms cells, tissues, and organs. Therefore, toxicants may play an important role in cell death, chronic inflammation, ageing, and degenerative diseases such as Alzheimer, Parkinson, and Huntington's diseases, as well as multiple sclerosis, myocardial infarction, arteriosclerosis, diabetes, rheumatoid arthritis, sterility, cataract, and many others. Hence, the increasing number of chemicals used in the food industry and the cost- and time-efficient in-vitro high-throughput toxicology testing methods allow toxicologists and scientists to estimate the risk potential of chemicals and thus benefit the growth of the market in focus during the forecast period.
Advances in toxicology is the primary trend driving the market growth. The field of toxicology is characterized by the advanced understanding of the human biological system and diseases at a molecular level while reducing the risk of human and animal studies. The adoption of techniques such as in-vitro and in-silico testing methods is increasing as a replacement for in-vivo methods as they involve experimentation on whole living organisms as opposed to dead organisms.
The need to detect diseases at a molecular level and screen chemicals in the pharmaceutical industry to identify specific biological functionalities with minimal adverse effects has made the in-vivo method not beneficial. Thus, the in-vitro testing method is evolving due to advances in various technologies, such as cell culture technologies, cellular imaging technologies, and toxicogenomics. This is because the in-vitro testing method is used for the procedure in a controlled environment and not on human or animal models. Advances in 3D cell culture technologies, which are gradually replacing 2D technologies, are enabling toxicology testing to develop complex models that can easily mimic in-vivo systems. Thus, advancements in the field of toxicology are positively impacting the growth of the global toxicology testing market during the forecast period.
The lack of skilled professionals is the major challenge impeding market growth. The use of toxicology testing is increasing at a rapid rate. A major challenge in these scientific fields is the lack of technically skilled and trained staff, i.e., toxicologists. Toxicology testing is often complex and requires sophisticated techniques and instruments for various analysis procedures. The most important component in biopharmaceutical, university, and forensic science is the professional, scientific staff. The minimum required skills are usually gained through formal education, training, and operational (on-the-job) experience.
Toxicology testing requires a lot of prior knowledge of chemical components and their metabolizing process in the living system, as certain concentrations of chemicals can be lethal for cells or alter the genetic system (change in gene sequence, i.e., mutation). Extensive training and experience are required to operate all stages for accurate toxicology testing. The limited number of such trained professionals will act as a challenge to the growth of the global toxicology testing market during the forecast period.
The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Toxicology Testing Market Customer Landscape
Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
SGS SA - The company offers toxicology testing such as blood, urine, and serum drug testing. Under this segment, the company also offers a wide range of inspection, testing, certification, and advisory services, powered by leading technology and digital tools. Additionally, the company offers a wide range of testing, inspection, and certification solutions for the crop science, food, health science, and hygiene industries under the connectivity and products segment.
The toxicology testing market research report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:
Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
The market share growth by the cell culture technology segment will be significant during the forecast period. Cell culture technology is used for screening toxicity both by estimation of the basal functions of the cell or by tests on specialized cell functions. Numerous cell types are used in general toxicity tests, which primarily aim to assess the biological activity of test chemicals (e.g., fibroblasts, HeLa, and hepatoma cells). When chemical in-vivo toxicity is well known and in-vitro studies employing specialist cell cultures have been employed to elucidate the mechanisms of harmful action on the target tissue, cytotoxicity testing using specialized cells has proven to be most helpful.
Get a glance at the market contribution of various segments ViewSample PDF
The cell culture technology segment shows a gradual increase in the market share of USD 6.53 billion in 2017 and continue to grow by 2021. These tests have helped shed light on the pathogenesis of a few human diseases. Cell culture technology holds a major share in the global toxicology testing market in 2022, which is expected to continue leading to the growth of the market in focus during the forecast period.
For more insights on the market share of various regions View Sample PDF
North America is projected to contribute 43% by 2023. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
The toxicology testing market in North America is led by the US and Canada. The reason for their high contribution is the increasing adoption of toxicology testing techniques by the pharmaceutical and biotechnology industries in these countries. The industries are growing in number due to the need for drug discovery due to the emergence of new diseases and the prevalence of chronic diseases. Further, the rise in the number of collaborations and acquisitions between companies that deal with toxicology testing products will boost the market research growth during the forecast period.
The COVID-19 pandemic in 2020 negatively impacted the economy of North America. However, the pandemic boosted the growth of the regional market as the development of new vaccines for the disease progressed. Furthermore, the initiation of large-scale vaccination programs boosted the regional market growth in 2021. North America witnessed a huge surge in healthcare expenditure, which improved the market potential to develop new drugs for treating diseases such as cancer and cardiovascular diseases, particularly after upgraded reimbursement policies to help diagnose and treat these diseases. The increase in emphasis on the development of new and prominent drug assessment techniques to discover highly complex drugs will play a vital role in the evolution of these innovative toxicology testing methods in North America during the forecast period.
The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. The market has been segmented by technology, end-user, and region.
The reports categorize the global toxicology testing market as a part of the global life science tools and services market. The parent, global life science tools and services market covers products and companies engaged in R&D of a variety of product categories, including capital equipment, instruments, accessories, and consumables that are used for R&D on pharmaceuticals and biotechnology products and laboratory diagnosis of various diseases. It also covers life sciences-related services, including contract research, contract manufacturing, and contract sales. Our toxicology testing market research report has extensively covered external factors influencing the parent market growth during the forecast period.
Toxicology Testing Market Scope |
|
Report Coverage |
Details |
Page number |
173 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 15.09% |
Market growth 2023-2027 |
USD 27.5 billion |
Market structure |
Fragmented |
YoY growth (%) |
13.94 |
Regional analysis |
North America, Europe, Asia, and Rest of World (ROW) |
Performing market contribution |
North America at 43% |
Key countries |
US, Canada, UK, Germany, and China |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Abbott Laboratories, Agilent Technologies Inc., Aragen Life Sciences Pvt. Ltd., Beckman Coulter Inc., BICO Group AB, Bio Rad Laboratories Inc., BioIVT LLC, Charles River Laboratories, CompuDrug Ltd., Evotec SE, Ingenza Ltd., Laboratory Corp. of America Holdings, Merck KGaA, PerkinElmer Inc., Quest Diagnostics Inc., Randox Laboratories Ltd., SGS SA, Thermo Fisher Scientific Inc., Catalent Inc., and Eurofins Scientific SE |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Technology
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
Certified ISO 9001 : 2015
We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.
We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.
Get lifetime access to our
Technavio Insights
Customized Report as per your Business Needs
Let us help you make report more suited to your requirements.
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. You may change your settings based on a legitimate interest at any time, by selecting “Manage Settings” on our site. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.