DUBLIN, June 23, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "In Vitro Toxicology Testing Market by Product, Type, Toxicity Endpoints & Tests, Technology, Method, Industry - Global Forecast to 2021" report to their offering.
The global in vitro toxicology testing market is expected to reach USD 27.36 Billion by 2021 from USD 14.15 Billion in 2016, at a CAGR of 14.1% between 2016 and 2021
The major drivers for the market include opposition to animal testing, new & promising technologies, increasing R&D to detect toxicity at early stages and insufficient databases to facilitate the use of in vitro test methods are driving the growth of the global market. The growing demand for in vitro toxicology testing in the European market will provide new growth opportunities for this market.
The report provides a granular understanding of the in vitro toxicology testing market. This report segments the global market on the basis of product, type, toxicity endpoints & tests, technology, method, industry and geography. The product segments included in this report are assays, reagents & labware, and services. The assays segment accounts for the largest share of the global market in 2016.
The toxicity endpoints & tests segment includes systemic toxicity, dermal toxicity, carcinogenicity, ocular toxicity, skin sensitization & Irritation, genotoxicity, neurotoxicity, and organ toxicity. The technology segment is segmented into omics technologies, cell culture technology, high-throughput technologies, and molecular imaging technologies.
The method segments included in this report in silico methods, biochemical assays, cellular assays, and ex vivo models. The industry segment includes cosmetics & household products, pharmaceutical industry, diagnostics, chemical industry, and food industry.
Geographic analysis reveals that Europe accounted for the largest share of the global in vitro toxicology testing market in 2016. Growth in this market can be attributed to rapidly increasing aging population and the subsequent rise in chronic diseases, costly technological advances. Similarly Asia is estimated to be the fastest growing market of the global market in 2015. The wide applications of in vitro toxicology testing products in testing of different endpoints done by various industries such as cosmetics, pharmaceutical industry are the major driving factor for market in this region.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Insights
7 In Vitro Toxicology Testing Market, By Product
8 In Vitro Toxicology Testing Market, By Type
9 In Vitro Toxicology Testing Market, By Toxicity Endpoints & Tests
10 In Vitro Toxicology Testing Market, By Technology
11 In Vitro Toxicology Testing Market, By Method
12 In Vitro Toxicology Testing Market, By Industry
13 In Vitro Toxicology Testing Market, By Region
14 Competitive Landscape
15 Company Profiles
- Agilent Technologies, Inc.
- Bio-Rad Laboratories, Inc.
- Bioreliance, Inc. (A Subsidiary of Merck & Co, Inc.)
- Charles River Laboratories International, Inc.
- Eurofins Scientific SE
- General Electric Company
- Thermo Fisher Scientific, Inc.
For more information visit http://www.researchandmarkets.com/research/6p96rv/in_vitro
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SOURCE Research and Markets