In-vitro toxicology assays refer to laboratory tests that are conducted to evaluate the toxic effects of chemicals and other substances on living cells and tissues outside of an organism. These assays are used to assess the safety of new drug candidates, industrial chemicals, and other substances, and they help to identify potential hazards and inform regulatory decision-making.
Newly-released In-vitro Toxicology Assays market analysis report by Persistence Market Research shows that global sales of the In-vitro Toxicology Assays market in 2021 were held at US$ 1.4Bn. With 16.6%, the projected market growth during 2022 – 2032 is expected to be significantly higher than the historical growth. The absolute dollar opportunity for the In-vitro Toxicology Assays market will be witnessing US$ 5.8Bn overall growth due to the rising use of cannabis and nicotine-based products, as well as the launch of technologically improved devices, which are driving the in-vitro toxicology assay market for cannabis and nicotine testing.
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The global in-vitro toxicology assay market is driven by several factors, including the increasing demand for alternatives to animal testing, the growing focus on drug discovery and development, and the increasing prevalence of chronic diseases. The market is also driven by the availability of advanced technologies, such as high-throughput screening (HTS), that enable faster and more accurate testing.
The in-vitro toxicology assay market is segmented based on product type, technology, application, and geography. The product type segment includes assays, reagents, and services. The technology segment includes cell-based assays, biochemical assays, and in-silico assays. The application segment includes drug discovery and development, chemical testing, and others. The drug discovery and development segment dominates the market due to the increasing focus on developing safer and more effective drugs.
Companies
- STEMINA BIOMARKER DISCOVERY, INC.
- BROUGHTON NICOTINE SERVICES
- LABSTAT INTERNATIONAL, INC.
- IONTOX
- TOXIKON
- INTEGRATED LABORATORY SYSTEMS
- ENTHALPY ANALYTICAL
- PBR LABORATORIES, INC.
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North America is the largest market for in-vitro toxicology assays, primarily due to the presence of a large number of pharmaceutical and biotechnology companies, the availability of advanced technologies, and the favorable regulatory environment. Europe is the second-largest market for in-vitro toxicology assays, followed by the Asia Pacific region. The Asia Pacific region is expected to experience significant growth in the coming years due to the increasing focus on drug discovery and development, the growing prevalence of chronic diseases, and the rising healthcare expenditure.
In conclusion, the in-vitro toxicology assay market is driven by several factors, including the increasing demand for alternatives to animal testing, the growing focus on drug discovery and development, and the increasing prevalence of chronic diseases. The market is segmented based on product type, technology, application, and geography, and is dominated by North America. The major players in the market are focused on developing new assays and technologies and expanding their market presence through collaborations and partnerships.
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Market Segments Covered in In-vitro Toxicology Assays Industry Analysis
By Method
- Cellular Assay
- Live Cells
- Fixed Cells
- Other Methods
By Test Type
- Cannabis Testing
- Nicotine Testing
By Technology
- 3D Cell Culture Technology
- Mass Spectrometry
- Flow Cytometry
- Other Technologies
By Application
- Genetic Toxicity Testing
- Carcinogenicity Testing
- Cytotoxicity Testing
- Mutagenicity Testing
- Other Applications
By Region
- North America
- Latin America
- Europe
- APAC
- MEA
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