The global in-vitro toxicology testing market is expected to grow with the CAGR of 11% by 2025

According to a new market report published by Lucintel, the future of the in-vitro toxicology testing market looks promising with opportunities in various applications, such as pharmaceuticals & biopharmaceuticals, cosmetic & household products, food, and chemicals. The global in-vitro toxicology testing market is expected to grow with a CAGR of 11% from 2020 to 2025. The major drivers for this market are opposition to animal testing and increasing research & development expenditure to detect toxicity at an early stage during drug development.
In-vitro toxicity testing is the scientific analysis of the effects of toxic chemical substances on cultured bacteria or mammalian cells. In this market, consumables, assays (bacterial toxicity assays, enzyme toxicity assays, cell-based elisa & western blots, receptor-binding assays, tissue culture assays, and other assays), equipment, software, and services are the major product and service segments. Lucintel forecasts that consumables will remain the largest product and service segment over the forecast period due to increasing demand for high-quality reagents and the repeated use of media and reagents in in-vitro toxicology studies.
Within this market, pharmaceuticals & biopharmaceuticals will remain the largest end use industry segment over the forecast period due to high usage of toxicology testing in pharmacokinetic analysis of novel and generic modified pharmaceutical products and presence of several drug candidates in the pipeline.
Asia Pacific will remain the largest region over the forecast period due to the emergence of CROs for outsourcing toxicology-related research projects, opposition to animal testing resulting in the use of alternate methods, increasing pharmaceutical drug pipeline, and growing consumer awareness of product safety in the region.   
Thermo Fisher Scientific, Covance, Bio-Rad Laboratories, GE Healthcare, Eurofins Scientific, Merck, Charles River Laboratories, Catalent, Cyprotex, SGS, QIAGEN, Promega Corporation, Gentronix, BioIVT, and MB Research Laboratories are among the major suppliers in the global in-vitro toxicology testing market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global in-vitro toxicology testing market by product & service, method, toxicity endpoint & test, industry, technology, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global In-vitro Toxicology Testing Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global in-vitro toxicology testing market by product & service, method, toxicity endpoint & test, industry, technology, and region as follows:
By Product & Service [Value ($ Million) shipment analysis for 2014 – 2025]:

• Consumables
• Assays
  • Bacterial Toxicity Assays
  • Enzyme Toxicity Assays
  • Cell-based Elisa & Western Blots
  • Receptor-binding Assays
  • Tissue Culture Assays
  • Other Assays
• Equipment
• Software
• Services

By Method [Value ($ Million) shipment analysis for 2014 – 2025]:

• Cellular Assays
• Biochemical Assays
• In Silico Models
• Ex Vivo Models

By Toxicity Endpoint & Test [Value ($ Million) shipment analysis for 2014 – 2025]:

• ADME
• Skin Irritation, Corrosion, & Sensitization
• Genotoxicity Testing
• Cytotoxicity Testing
• Ocular Toxicity
• Organ Toxicity
• Phototoxicity Testing
• Dermal Toxicity
• Other Toxicity Endpoints & Tests

By End Use Industry [Value ($ Million) shipment analysis for 2014 – 2025]:

• Pharmaceuticals & Biopharmaceuticals
• Cosmetic & Household Products
• Food
• Chemicals

By Technology [Value ($ Million) shipment analysis for 2014 – 2025]:

• Cell Culture Technologies
• High-throughput Technologies
• Toxicogenomics

By Region [Value ($ Million) shipment analysis for 2014 – 2025]:

• North America

• United States
• Canada
• Mexico

• Europe

• United Kingdom
• Spain
• Germany
• France

• Asia Pacific

• China
• India
• Japan

• The Rest of the World

• Brazil

This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.