PUBLISHER: TechNavio | PRODUCT CODE: 1777163
PUBLISHER: TechNavio | PRODUCT CODE: 1777163
The toxicology testing market is forecasted to grow by USD 34,993.9 mn during 2024-2029, accelerating at a CAGR of 14.3% during the forecast period. The report on the toxicology testing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high regulatory compliance in food industry, regular use of toxicology testing in pharmaceutical and biotechnology industries, and increasing use of in-vitro tests as alternative to animal testing.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 13% |
CAGR | 14.3% |
Incremental Value | $34,993.9 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's toxicology testing market is segmented as below:
By Technology
By End-user
By Type
By Geographical Landscape
This study identifies the advances in toxicology testing technology as one of the prime reasons driving the toxicology testing market growth during the next few years. Also, growing consumer awareness and product safety increasing demand for toxicology testing and increased use of toxicology testing in forensics will lead to sizable demand in the market.
The report on the toxicology testing market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading toxicology testing market vendors that include Abbott Laboratories, Agilent Technologies Inc., Aragen Life Sciences Pvt. Ltd., BICO Group AB, Bio Rad Laboratories Inc., BioIVT LLC, Catalent Inc., Charles River Laboratories International Inc., CompuDrug Ltd., Danaher Corp., Eurofins Scientific SE, Evotec SE, Ingenza Ltd., Laboratory Corp. of America Holdings, Merck KGaA, Quest Diagnostics Inc., Randox Laboratories Ltd., Revvity Inc., SGS SA, and Thermo Fisher Scientific Inc.. Also, the toxicology testing market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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