IQ4I Research & Consultancy published a new report on “Toxicology Services Global Market –...

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Toxicology Services Global Market

–Forecast to 2025

Toxicology Services Global Market is estimated to be worth $14,343.0 million by 2025 IQ4I Research & Consultancy published a new report on “Toxicology Services Global

Market – Forecast To 2025” This report analyzes and studies the overall market, major

Drivers & Opportunities, Restraints & Threats in North America, Europe, Asia-Pacific and

Rest of the World

IQ4I’s Report Contains 89 market data tables and 111 figures spread through 344 pages

and an exhaustive TOC on “Toxicology Services Global Market, METHODS [In Vivo and In

Vitro (Cellular & Biochemical, Ex Vivo and In Silico)], INDUSTRY [Pharmaceutical, Medical

Devices, Cosmetics, Chemical (Industrial Chemical, Agrochemical and Environmental) and

Other Industries (Food and Consumer Goods)], ENDPOINT TESTS [Systemic Toxicology,

Organ Toxicology, Dermal Toxicology, Neurotoxicology, Ocular Toxicology,

Genotoxicology, Developmental & Reproductive Toxicology, Carcinogenicity, and

Ecotoxicology], REGION (North America, Europe, Asia-Pacific and Rest of the World)

Toxicology is the study of adverse effects that occur in living organisms and its environment

due to chemicals, physical or biological substances. Toxicology testing regulations are

already in place for most of the developed countries across industries such as chemicals,

pesticides, consumer goods, medical products, food additives. These toxicology tests are

important for the approval of products and with the increased trend, toxicology studies are

outsourced across the industries. As estimated by IQ4I Research, the toxicology services

global market is estimated to reach $14,343.0 million by 2025 growing at a high single digit

CAGR from 2017 to 2025.

With the rise in R&D investments and mandatory toxicology testing along with other factors

such as advancements in technology, increased outsourcing trends and private/public sector

funding, are driving the growth of the toxicology services market. However, some tests such

as the carcinogenicity tests are expensive and take about 1-2 years which furthermore, may

not necessarily result in a fruitful outcome. Thus, factors such as, high cost and long

durations of studies with no guaranteed results, high capital requirements for GLP

certification of the toxicology labs, increased funding towards repurposing, along with

opposition to animal testing by animal welfare groups are hindering the market growth.

The toxicology services global market is segmented into methods, industries, endpoint tests

and geography. Among the various methods, the in vitro segment accounted for the largest

share in 2017 and is projected to grow at a strong double digit CAGR from 2017 to 2025 due

to technological advancements, increased acceptance, and implementation of the 3Rs.



–Forecast to 2025

Based on industry, the toxicology services global market is segmented into pharmaceutical,

medical devices, cosmetic, chemical and other industries. Although, pharmaceuticals take

the largest share of the market, toxicology services for the cosmetic industry are growing at

a strong double digit CAGR from 2017 to 2025.

Among the various end point tests, systemic toxicology segment accounted for the largest

share in 2017 and is projected to grow at a mid single digit CAGR from 2017 to 2025.

Developmental and reproductive toxicology (DART) is the fastest growing of all the

segments. Geographically, North America region commanded the largest revenue in 2017.

However, Asia- Pacific region is expected to grow fastest due to favorable government

regulations and investments.

With the development of 3D cell culture, the newest technology used for toxicology is the 3D

cell culture assays. These 3D cultures assays have many advantages over the 2D cell

culture assays as they can mimic the tissue environment nearly close to that of an in vivo

tissue. Therefore, they address the limitations of both animals and two-dimensional cultures,

and provide more accurate data on the effects of short- and long-term exposure to toxicants.

Also, these tests are expected to cost relatively less when compared to the animal tests.

Organ-on-chip uses the 3D cell culture technology to the next level. Organ-on-chip is micro-

engineered multichannel 3D microfluidic biomimetic system enabled with high resolution,

real time imaging and in-vitro analysis of biochemical, genetic and metabolic activities in

tissues and organs. Companies such as Insphero offer services for toxicity testing on 3D cell

cultures. Although these methods cannot fully replace in vivo testing, they are set to impact

the number of animals used for regulatory testing.

The toxicology services market is highly fragmented, however, recent deals such as

acquisition of Advinus Therapeutics by Eurofins Scientific in July 2017 reflects on the market

trend of acquiring complementary capabilities to provide end to end toxicology services

across industries.

Major players in toxicology services market include Charles River Laboratories (U.S.),

Labcorp (Covance) (U.S.), Envigo (U.S.), MPI Research Inc. (U.S.), Eurofins (Luxembourg),

Wuxi Apptec (China), SGS (Switzerland), Merck KGaA (Bioreliance Inc.) (Germany), Evotec

(Germany), and Bureau Veritas (Maxxam) (France).

Some of the other companies operating in toxicology services global market include CMIC

Inc. (U.S.), NAMSA (U.S.), PPD (U.S.), Citox Lab (France), Crown Biosciences (U.S.), GVK



–Forecast to 2025

Bio (India), Intox Pvt.Ltd. (India), MB Research Laboratories (U.S.), PharmaLegacy

Laboratories (China), Pharmaseed (Israel).

Reasons for buying this report:

Analysis of the toxicology services global market by identifying various segments by

methods, industries, endpoint tests and geography.

Revenue forecast of the toxicology services global market and strategic analysis of

each submarket with respect to segmental growth trends.

Analysis of the major market trends and factors driving or inhibiting the growth of the

toxicology services global market.

Revenue forecast of the toxicology services global market with respect to North

America (U.S. and others), Europe (Germany, France, U.K. and Others), Asia-Pacific

(China, India, Japan and others) and the Rest of the World (RoW) (Brazil, Rest of

Latin America and, Middle East & Others).

Analysis of the opportunities for stakeholders by identifying the high-growth

segments of the market.

Country level analysis of toxicology services.

Identification of key technology developments and innovations driving the market.

Comparison matrix of market players (95) vs. industries and comparison matrix of

market players (86) and endpoint tests offered.

Profiles of major players in the toxicology services global market with details of their

service offerings, business strategies, SWOTs.

Market share analysis for top players in the toxicology services global market.

Established and Emerging players (156 companies) and their service offerings.



–Forecast to 2025

FIGURE 1

TOXICOLOGY SERVICES GLOBAL MARKET SEGMENTATION

By Methods By Industry By Endpoints By Region

In Vivo Pharmaceutical Acute Systemic

ToxicologyNorth America

In Vitro Medical Devices Chronic Toxicology Europe

Cellular & Biochemical Cosmetics Dermal Toxicology APAC

Ex Vivo Chemical Neurotoxicology ROW

In Silico Industrial Chemicals Ocular Toxicology

Agrochemicals Genotoxicology

Environmental Developmental & Reproductive

Toxicology

Others

Carcinogenicity

Food

Ecotoxicology

Consumer Goods


IQ4I Research & Consultancy published a new report on “Toxicology Services Global Market –...

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