Promising In vitro toxicity testing Market Moves to Next Stage

1. Opportunity Analysis and Industry Forecast, 2016-2023 Future of In Vitro Toxicity Testing Runs Through the Healthcare Industry Global Opportunity Analysis and Industry Forecast, 2017-2022

2. In Vitro Toxicity Testing Market “Cosmetics and household products segment would be the most lucrative segment for investment in the in vitro toxicity testing market for the new as well as existing players. This is attributed to the increasing demand for safe cosmetics and household products”

3. In Vitro Toxicity Testing Market Overview In Vitro Toxicity TestingMarket Report, published by Allied Market Research, forecasts that the global market was valued at $2,921 million in 2015, and is expected to reach $7,813 million by 2022, supported by a CAGR of 15.07% during the forecast period 2014 2022. Testing for presence of toxic compounds is an important step during the development of new products such as drugs, cosmetics, and food additives, which can save both time and developmental costs as well as reduce the probability of failure during later stages. In vitro toxicity testing is a procedure that helps examine the presence of these toxic compounds over an isolated part of the organism. The increase in number of R&D procedures, which require in vitro testing, ban on animal testing, and increase in awareness about the environmental concerns can boost the market growth. Access Full Summary at : https://www.alliedmarketresearch.com/in-vitro-toxicity-testing-market toxic substances screening in IVTT is expected to be the fastest growing segment due to the increase in cases of lead poisoning and cancers that occur due to the mutation caused by the toxic chemicals, registering a CAGR of 15.85%.

4. In Vitro Toxicity Testing Market The global in vitro toxicity testing market is expected to witness notable growth during the analysis period due to the increase in number of R&D procedures, which require in vitro testing, ban on animal testing, and increase in awareness about the environmental concerns. In addition, advancement in genetics and genetic screening approaches and emergence of new approaches of 3D cell culture can boost the in vitro toxicity testing market. The large size companies have focused on new product launch to meet the specific requirements of the researchers. The report analyzes the in vitro toxicity testing market into three segments, namely: type, end users, and geography. By type, the market is segmented into absorption, toxic substances, and dose. Based on end users, the market is categorized into cosmetic and household products, pharmaceutical industry, food industry, and chemical industry. Based on geography, the in vitro toxicity testing market is categorized into North America, Europe, Asia-Pacific, and LAMEA. At present, absorption segment has witnessed large-scale adoption of IVTT market. Toxic substances and dose screening are some of the other segments in the global IVTT market. These segments are anticipated to witness increase in market share due to increase in the demand for IVTT in pharmaceutical, chemicals, cosmetics, and household products.

5. In Vitro Toxicity Testing Market Snapshot The significant impacting factors include increase in demand for in vitro models as compared to The significant impacting factors include increase in demand for in vitro models as compared to in vivo models and screening of toxicity in early stages of drug development. Along with these factors, the market is influenced by the stringent government regulations towards the environment, increased global illicit drug abusers, enhanced efficiency of IVTT in cancer diagnosis, advancement in technologies of IVTT, and many others. However, each factor would have its definite impact on the market during the forecast period. Cosmetics and household products segment is the highest revenue contributor to this market owing to increase in adoption in various applications, such as to detect dermal toxicity, systemic toxicity, and ocular toxicity. However, food industry is expected to be the fastest growing segment owing to the high demand in U.S., China, and India, growing at a CAGR of 19.65%. The key players profiled in this report include Agilent Technologies, Inc., BioReliance, Inc., Alere, Inc., Charles River Laboratories International, Inc., General Electric Company, Covance, Inc., Catalent, Inc., Eurofins Scientific, Bio-Rad Laboratories, Inc., and Thermo Fisher Scientific, Inc. There are other players in the in vitro toxicity testing market, which include Cyprotex plc, Accelrys, Inc., Molecular Toxicology Inc., MatTek Corporation, Xenometrix AG, and Quest Diagnostics Incorporation.

6. The report provides an extensive analysis of the current trends and highlights the market potential from 2014 to 2022, in terms of value. • The market scenario is comprehensively analyzed with respect to the type and end users. • Comprehensive analysis of the patents is provided to determine the prevailing opportunities. • Recent developments, key manufacturers, and market shares are listed in this report to analyze the competitive scenario of the market. • In-depth analysis of the market based on geography gives an understanding of the regional market, which assists in strategic business planning. In Vitro Toxicity Testing Market Key Benefits

7. In Vitro Toxicity Testing Market By Geography North America Europe Asia-Pacific LAMEA

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