In-Vivo Toxicology Market is anticipated to expand at a CAGR of 5% from 2023 to 2032 | insightSLICE
The global In-Vivo Toxicology market size was estimated to be US$ 5.2 billion in 2021 and is expected grow at a CAGR of 5% between 2023 to 2032.
The need for animal testing and the amount of money spent on research for coronavirus vaccine will both rise significantly between 2022 and 2032, which will likely lead to a large growth in the worldwide in vivo toxicology market.
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The World Health Organization reports that more than 172 nations have joined programs to advance coronavirus vaccine research.
Approximately 80 of these nations will fund the creation of vaccinations on their own. Additionally, the advancement of technology like wearable technology will increase the effectiveness of research and improve the likelihood that animal experimentation will occur in the near future.
The key players of the Global In-Vivo Toxicology Market are:
The major companies profiled in the report on the in-vivo toxicology market include Danaher, Charles River Laboratories, Thermo Fisher Scientific Inc., Envigo, Eurofins Scientific, PerkinElmer Inc., Covance Inc., MATTEX, Xenometrix AG, The Jackson Laboratory, Data Sciences International, Taconic Biosciences, Inc., SRI International, Catalent, Inc, Bio-Rad Laboratories, Inc. among several other local and international companies.
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Driving factors for the growth of Global In-Vivo Toxicology Market
The World Health Organization estimates that cancer caused approximately 10 million deaths in 2018 and is the leading cause of death worldwide. Additionally, a variety of malignancies, such as prostate, lung, gastrointestinal, liver, and colon cancers, continue to strike individuals all over the world.
The situation in emerging countries is anticipated to get worse soon due to an increase in sedentary behavior, deteriorating environmental conditions, and consumption of harmful processed food.
Nevertheless, the increase in investment in research and development for the detection of cancer, treatment, and prevention as well as the increase in public hospitals will spur growth in developing countries.
Additionally, the In-Vivo Toxicology market will have significant expansion soon as a consequence of increasing awareness for concerns like breast cancer, the development of tailored treatments, as well as the FDA’s favorable attitude toward innovative therapeutics.
Global In-Vivo Toxicology Market Key Segments:
By Product
- Consumables
- Reagents & Kits
- Animal Models
- Mice Models
- Rat Models
- Other Animal Models
- Instruments
By Testing Type
- Chronic Toxicity Testing
- Sub-chronic Toxicity Testing
- Sub-acute Toxicity Testing
- Acute Toxicity Testing
By Toxicity Endpoint
- Immunotoxicity
- Systemic Toxicity
- Carcinogenicity
- Genotoxicity
- Developmental and Reproductive Toxicity (DART)
- Other Toxicity Endpoints
By Region
- North America
- US
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific (APAC)
- Japan
- China
- Australia
- India
- Rest of APAC
- South America
- Brazil
- Rest of South America
- Middle East & Africa
- UAE
- South Africa
- Saudi Arabia
- Rest of MEA
The leading market segments of Global In-Vivo Toxicology Market
In the field of in-vivo toxicology, cell culture technology is expected to be at the forefront of important scientific developments. The small molecule-based minimum culture condition method is known for promising fine control to meet the needs of complex research objectives and is a key feature of the field.
Additionally, the technique supports dietary and physiochemical needs, which have garnered minimal consideration in earlier research efforts. Additionally, the technique makes it possible to research industrial bioprocesses, which continue to be a promising new market for operators in the in-vivo toxicity industry.
The drivers supporting its development will continue to include the increasing need for cell culture technology, its enormous advantage in innovation and research spending, and technical advances like 3D cell culture.
Chronic toxicology is predicted to have the largest market profits due to growing investments in drug discovery, rising expectations for commercialization in emerging nations, and the FDA’s encouraging progress in advancing the development of medicines for uncommon diseases.
This section also discusses some chronic conditions that are the main causes of death worldwide, such as cancer and arthritis. In the US, arthritis, a musculoskeletal condition, is the leading source of financial loss across workers, with costs reaching over $200 billion in 2019.
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Due to growing collaboration and research prospects in developed countries, outsourcing institutions will probably have the biggest growth. The outsourcing will also result in significant cost savings, which will fuel additional expansion for industry participants in in-vivo toxicity.
The in vivo toxicology market is also divided into consumables and instruments depending on the kind of product. Reagents and kits, as well as animal models, are other segments of consumables. The subcategories of animal models include mouse models, rat models, and other animal models.
Regional growth is dependent on various factors that will be covered in this report:
The in vivo toxicology market report’s regional segment lists specific market-impacting elements and updates for geographic market regulations that may have an impact on present and future trends.
Some of the key data points used to estimate the market situation for specific nations are consumption levels, industrial plants and inventories, import-export assessment, pricing market analysis, raw material cost, and downstream and upstream analysis of value chains.
When giving prediction analysis of the country-level statistics, the report for In-Vivo Toxicology Market also takes into account the presence and accessibility of international brands, the difficulties they encounter owing to strong or weak competition between local and domestic brands, the influence of domestic tariffs, and long-distance trade implications.
Due to the rising level of investment in R&D activities, North America now leads the in-vivo toxicology market across the globe. However, South America is anticipated to grow at the greatest rate between 2021 and 2028 owing to the region’s booming biotechnology and pharmaceutical industries.
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