The Global ADME toxicology testing market which was USD 6.35 billion in 2021, would be up to USD 15.12 billion by 2029, and is expected to undergo a CAGR of 11.45% during the forecast period 2022 to 2029.
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Global ADME Toxicology Testing Market Scope and Market Size
The ADME toxicology testing market is segmented on the basis of technology, application, method, product type, test and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Technology
· Cell Culture
· High Throughput
· Molecular Imaging
· OMICS Technology
Application
· Systemic Toxicity
· Renal Toxicity
· Hepatotoxicity
· Neurotoxicity
· Other Toxicities
Method
· Cellular Assay
· Biochemical Assay
· In-Silica
· Ex-vivo
Product Type
· Instruments
· Software Solutions
· Assays Systems
· Reagents
· Others
Test
· In-Vivo
· In-Vitro
· Biochemical testing
· Cell testing
End-User
· Cosmetics and Household Products
· Pharmaceutical Industry
· Animal Industry
· Food Industry
· Others
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Market Analysis and Insights: Global ADME Toxicology Testing Market
· ADME toxicology testing is most commonly used to perform various chemical, pharmacological, and genetic tests that aid in overall drug discovery activities such as drug trials, drug design, and other drug interactions. This method employs various liquid-handling devices, control software and other detectors to aid in the rapid identification of active compounds, genetic interactions and other biomolecular interactions.
· ADME toxicology testing is primarily used to perform genetic, chemical and pharmacological tests that aid in the drug discovery process from drug design to drug trials. This procedure involves control software, various liquid-handling devices, and other detectors that aid in the rapid identification of active compounds, genetic interactions and other biomolecular interactions.
· This ADME toxicology testing market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market.
COVID-19 Impact on the ADME Toxicology Testing Market
The spread of COVID-19, health supplies and equipment are at risk of running out. Apart from transportation delays caused by travel restrictions, COVID-19 had a significant impact on raw material supplies for toxicology technologies. The demand for toxicological technologies, particularly diagnostic assays and PCR has increased in tandem with the need for faster testing and research in the field. The FDA has approved several diagnostic kits, including PCR testing panels and medications for use in COVID-19 testing and diagnostics in an emergency. Furthermore, due to the prevalence of COVID-19 and the lack of an effective vaccine and treatment, ADME toxicology testing is being used to evaluate the efficacy of existing drugs as an alternative treatment, which is driving market growth.
Global ADME Toxicology Testing Market Country Level Analysis
The countries covered in the ADME toxicology testing market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Global ADME Toxicology Testing Market Share Analysis
The ADME toxicology testing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to ADME toxicology testing market.
Key player Global ADME Toxicology Testing Market
· Thermo Fisher Scientific Inc. (U.S.)
· Promega Corporation. (U.S.)
· Agilent Technologies, Inc. (U.S.)
· Dassault Systèmes (France)
· Beckman Coulter, Inc. (U.S.)
· Catalent, Inc (U.S.)
· Charles River Laboratories (U.S.)
· Eurofins Scientific (U.S.)
· General Electric (U.S.)
· Merck KGaA (Germany)
· Miltenyi Biotec (Germany)
· Bio-Rad Laboratories, Inc. (U.S.)
· BioIVT LLC. (U.S.)
· Catalent Inc. (U.S.)
· AbbVie (U.S.)
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MAJOR TOC OF THE REPORT
· Chapter One: Introduction
· Chapter Two: Market Segmentation
· Chapter Three: Market Overview
· Chapter Four: Executive Summary
· Chapter Five: Premium Insights
· Chapter Six: Global ADME Toxicology Testing Market Share by Product & Procedure type
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