In-vitro Toxicology Testing Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021-2026

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In-vitro Toxicology Testing Market Overview

In-vitro Toxicology Testing Market size in 2020 is estimated at $8.7 billion, growing at a CAGR of 9.8% during the forecast period 2021-2026. In-vitro Toxicology testing is analysis of the effects of toxic chemical substances on cultured bacteria or mammalian cells. It is used to identify dangerous chemical compounds such as endocrine disruption and to diagnose toxicity in new materials such as medications, cosmetics, and food additives at an early stage of production. 

In vitro toxicity assessment is primarily used for drug production safety assessment and ranking of chemicals. It is an enzyme linked immunosorbent assay used in adenosine triphosphate generation. Increasing technological advancement in the field of healthcare coupled with opposition animal testing in pre-clinical research are major factor driving the growth of the market. Moreover, growing safety of consumer products will further enhance the overall market demand for In-vitro Toxicology testing for the period 2021-2026.

Report Coverage

The report: “In-vitro Toxicology Testing Market – Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the In-vitro Toxicology Testing Market:
By Product Type: Equipment, Assay Kits, Consumables, Software, Others
By Technology: Cell Culture, OMICS, High Throughput, Molecular Imaging, Others. 
By Applications: Dermal Toxicity, Cytoxicity, Systematic Toxicity, Occular Toxicity, Others
By End-User: Pharmaceutical & Biotechnological industries, cosmetics industries, Food industry, chemical industry, others 
By Geography: North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia & New Zealand and Rest of APAC), South America(Brazil, Argentina and Rest of South America), and Rest of the World (Middle East and Africa)

Key Takeaways

  • In 2020, North America dominated the In-vitro Toxicology Testing Market owing to rising technological advancement and government support.
  • Increasing innovation and development in In-vitro Toxicology Testing across the globe is driving the market growth of In-vitro Toxicology Testing. 
  • Detailed analysis of the Strength, Weakness, and opportunities of the prominent players operating in the market will be provided in the In-vitro Toxicology Testing Market report.
  • Strict regulation framework for in-vitro test and lack of professional are challenging the growth of the market.



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In-vitro Toxicology Testing Market Segment Analysis- By Technology

Based on the technology, In-vitro Toxicology Testing Market is segmented into Cell Culture, OMICS, High Throughput, Molecular Imaging, Others. The cell culture technology segment is estimated to dominate the market during the period 2021-2026. This is attributed to most preferred technology for testing toxic effects. Furthermore, it provides reproducible results which helps early detection of toxicity in the drug development process with the help of enzyme linked immunosorbent assay. The OMICS, segment is forecast to be the fastest-growing segment and is projected to grow at a CAGR of 10.6% during the period 2021-2026. This is mainly owing to it provides personalized toxicology data. 

In-vitro Toxicology Testing Market Segment Analysis- By End-User

Based on the end-user, In-vitro Toxicology Testing Market is segmented into Pharmaceutical & Biotechnological industries, cosmetics industries, Food industry, Chemical industry, others. In 2020, Pharmaceutical & Biotechnological industries is estimated to hold major share in the market. This is mainly owing to high use of toxicity testing pharmacokinetic analysis of novel and generic modified pharmaceutical products. Moreover, it is widely used and preferred testing also contributing to the dominance of this segment. Also, chemical industry is projected to grow with a CAGR of 9.1% over the period 2021-2026. This is owing to rise in product development owing to implementation of tools. 

In-vitro Toxicology Testing Market Segment Analysis- By Geography

North America dominated the In-vitro Toxicology Testing market share accounting for 39.8% of the market in 2020. This is mainly owing to increasing awareness about product safety coupled with rising government support which lead to rapid development of cost effective testing for drug, device and others in this region. However, the Asia-Pacific region is projected to be the fastest-growing over the period 2021-2026. This is owing to rising expenditure on healthcare coupled with rising advancement in In-vitro Toxicology Testing.

In-vitro Toxicology Testing Market Drivers

Opposition to Animal Testing

Opposition to animal testing in drug development across the globe is driving the growth of In-vitro Toxicology Testing market. For instance in April 2018, The United States Environmental Protection Agency (EPA) has issued a draft Science Policy to limit the use of animals in chemical tests to see whether they induce an allergic reaction, irritation, or skin sensitization. Moreover, growing awareness about product safety is also set to increase the market growth. 

Rising Technological Advancement

Rising technology advancement in in-vitro toxicology testing is also driving the market. For instance, FDA recently approved various in-vitro diagnostic kits for use of COVID-19 testing such as in vitro diagnostic assay and PCR testing panels and drug. Also, rising research and development by producers for developing their product portfolio as they provides rapid, reproducible, and reliable assays in worldwide is also set to the growth of In-vitro Toxicology Testing Market. 

In-vitro Toxicology Testing Market Challenges

Lack of professional who perform in-vitro toxicology testing and In-vitro models are unable to assess autoimmunity and immunostimulation is challenging the market. Along with this strict regulatory framework for in-vitro tests are also further challenging the growth of the market. 

Covid-19 Impact

Moreover, the outbreak of COVID-19 around the world has impacted all industries including healthcare industry. Covid- 19 affects the In-vitro Toxicology Testing market including drastic reduction demand owing to lack of visits to healthcare facilities such as hospitals and clinics. Also owing to widespread of coronavirus it affects workforce and staffing issues, procedural prioritisation. These affects In-vitro Toxicology Testing market by cancellation of scheduled visit for primary care at hospitals and reflecting patients concern about infection.

In-vitro Toxicology Testing Market Industry Outlook

Product launches, Merger & Acquisitions, Joint Ventures and R&D activities are key strategies adopted by players in the In-vitro Toxicology Testing Market. In-vitro Toxicology Testing top 10 companies are Thermo Fisher Scientific Inc., Abbott Laboratories, Covance, GE Healthcare, Merck KGaA, Promega Corporation, Bio-Rad Laboratories, Inc., Eurofins Scientific, Agilent Technologies and Quest Diagnostics.

Development:

  • In August 2019, Abbott Laboratories signed agreement with Intoximeters, giving Intoximeters exclusive distribution rights in the United States for Abbott's SoToxa Mobile Screening System, a portable oral fluid solution for drug and alcohol testing.
  • In August 2019, Merck acquired BSSN Software Germany based company that makes data more readily accessible for ease of integration, collaboration, analysis and long-term archiving. 


Relevant Reports:
Report Code: HCR 0361

Report Code:  HCR 0084

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1. In-vitro Toxicology Testing Market - Overview
    1.1 Definitions and Scope
2. In-vitro Toxicology Testing Market - Executive Summary
    2.1 Market Revenue and Key Trends
    2.2 Key trends by Product Type
    2.3 Key trends by Technology
    2.4 Key trends by Application
    2.5 Key trends by End User
    2.6 Key trends by Geography
3. In-vitro Toxicology Testing Market – Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies
    3.4 Patent Analysis –
    3.5 Pricing Analysis
4. In-vitro Toxicology Testing Market - Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. In-vitro Toxicology Testing Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. In-vitro Toxicology Testing Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. In-vitro Toxicology Testing Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. In-vitro Toxicology Testing Market – By Product Type(Market Size –$Million/$Billion)
    8.1 Equipment
    8.2 Assay Kits
    8.3 Consumables
    8.4 Software
    8.5 Others
9. In-vitro Toxicology Testing Market – By Technology(Market Size –$Million/$Billion)
    9.1 Cell Culture
    9.2 OMICS
    9.3 High Throughput
    9.4 Molecular Imaging
    9.5 Others
10. In-vitro Toxicology Testing Market - By Application(Market Size –$Million/$Billion)
    10.1 Dermal Toxicity
    10.2 Cytoxicity
    10.3 Systematic Toxicity
    10.4 Occular Toxicity
    10.5 Others
11. In-vitro Toxicology Testing Market - By End-User(Market Size –$Million/$Billion)
    11.1 Pharmaceutical & Biotechnological Industries
    11.2 Cosmetics Industries
    11.3 Food Industry
    11.4 Chemical Industry
    11.5 Others
12. In-vitro Toxicology Testing Market - By Geography(Market Size –$Million/$Billion
    12.1 North America
        12.1.1 U.S.
        12.1.2 Mexico
        12.1.3 Canada
    12.2 Europe
        12.2.1 U.K.
        12.2.2 France
        12.2.3 Germany
        12.2.4 Italy
        12.2.5 Spain
        12.2.6 Russia
        12.2.7 Rest of Europe
    12.3 Asia Pacific
        12.3.1 China
        12.3.2 India
        12.3.3 Japan
        12.3.4 South Korea
        12.3.5 Australia & New Zealand
        12.3.6 Rest of APAC
    12.4 South America
        12.4.1 Brazil
        12.4.2 Argentina
        12.4.3 Others
    12.5 Rest of the World
        12.5.1 Middle East
        12.5.2 Africa
13. In-vitro Toxicology Testing Market - Entropy
14. In-vitro Toxicology Testing Market – Industry/Segment Competition Landscape Premium
    14.1 Market Share Analysis
        14.1.1 Global Market Share – Key Companies
        14.1.2 Market Share by Region – Key companies
        14.1.3 Market Share by Countries – Key Companies
        14.1.4 Best Practices for Companies
15. In-vitro Toxicology Testing Market – Key Company List by Country Premium Premium
16. In-vitro Toxicology Testing Market Company Analysis
    16.1 Company 1
    16.2 Company 2
    16.3 Company 3
    16.4 Company 4
    16.5 Company 5
    16.6 Company 6
    16.7 Company 7
    16.8 Company 8
    16.9 Company 9
    16.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global Competitive Landscape Market 2019-2024 ($M)
1.1 Market participation categorization Market 2019-2024 ($M) - Global Industry Research
2.Global Competitive Landscape Market 2019-2024 (Volume/Units)
2.1 Market participation categorization Market 2019-2024 (Volume/Units) - Global Industry Research
3.North America Competitive Landscape Market 2019-2024 ($M)
3.1 Market participation categorization Market 2019-2024 ($M) - Regional Industry Research
4.South America Competitive Landscape Market 2019-2024 ($M)
4.1 Market participation categorization Market 2019-2024 ($M) - Regional Industry Research
5.Europe Competitive Landscape Market 2019-2024 ($M)
5.1 Market participation categorization Market 2019-2024 ($M) - Regional Industry Research
6.APAC Competitive Landscape Market 2019-2024 ($M)
6.1 Market participation categorization Market 2019-2024 ($M) - Regional Industry Research
7.MENA Competitive Landscape Market 2019-2024 ($M)
7.1 Market participation categorization Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US In-vitro Toxicology Testing Market Revenue, 2019-2024 ($M)
2.Canada In-vitro Toxicology Testing Market Revenue, 2019-2024 ($M)
3.Mexico In-vitro Toxicology Testing Market Revenue, 2019-2024 ($M)
4.Brazil In-vitro Toxicology Testing Market Revenue, 2019-2024 ($M)
5.Argentina In-vitro Toxicology Testing Market Revenue, 2019-2024 ($M)
6.Peru In-vitro Toxicology Testing Market Revenue, 2019-2024 ($M)
7.Colombia In-vitro Toxicology Testing Market Revenue, 2019-2024 ($M)
8.Chile In-vitro Toxicology Testing Market Revenue, 2019-2024 ($M)
9.Rest of South America In-vitro Toxicology Testing Market Revenue, 2019-2024 ($M)
10.UK In-vitro Toxicology Testing Market Revenue, 2019-2024 ($M)
11.Germany In-vitro Toxicology Testing Market Revenue, 2019-2024 ($M)
12.France In-vitro Toxicology Testing Market Revenue, 2019-2024 ($M)
13.Italy In-vitro Toxicology Testing Market Revenue, 2019-2024 ($M)
14.Spain In-vitro Toxicology Testing Market Revenue, 2019-2024 ($M)
15.Rest of Europe In-vitro Toxicology Testing Market Revenue, 2019-2024 ($M)
16.China In-vitro Toxicology Testing Market Revenue, 2019-2024 ($M)
17.India In-vitro Toxicology Testing Market Revenue, 2019-2024 ($M)
18.Japan In-vitro Toxicology Testing Market Revenue, 2019-2024 ($M)
19.South Korea In-vitro Toxicology Testing Market Revenue, 2019-2024 ($M)
20.South Africa In-vitro Toxicology Testing Market Revenue, 2019-2024 ($M)
21.North America In-vitro Toxicology Testing By Application
22.South America In-vitro Toxicology Testing By Application
23.Europe In-vitro Toxicology Testing By Application
24.APAC In-vitro Toxicology Testing By Application
25.MENA In-vitro Toxicology Testing By Application