In Vivo Toxicology Market is expected to reach USD 6.6 billion by 2025 with CAGR of 5.5%
According to the new market research report "In Vivo Toxicology Market by Product (Animal Models, Reagents & Kits), Test Type (Chronic, Sub-acute), Toxicity Endpoints (Systemic, Immunotoxicity), Testing Facility (Outsourced, In-house), End User (Academic & Research Institute, CROs) - Forecast to 2025", is projected to reach USD 6.6 billion by 2025, at a CAGR of 5.5% between 2020 and 2025.
Key Players:
Charles River Laboratories (US), The Jackson Laboratory
(US),Envigo (US), Taconic Biosciences, Inc. (US), and JANVIER LABS (France),
Thermo Fisher Scientific (US), Danaher Corporation (US), Waters Corporation
(US), Agilent Technologies (US), Shimadzu Corporation (Japan), Bruker
Corporation (US), PerkinElmer (US). Other prominent players includeMerck KGaA
(Germany), GE Healthcare (US), and Bio-Rad Laboratories (US), genOway (France),
Cyagen Biosciences (US), GVK BIO (India), PolyGene (Switzerland), Crown
Biosciences (US), TransCurebioServices (France), Ozgene Pty Ltd. (Australia),
Harbour BioMed (US) among others.
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Browse in-depth TOC on "In Vivo Toxicology
Market"
305- Tables
40- Figures
276- Pages
The Market growth is driven largely by the increasing
R&D activities in the pharmaceutical industry, growing focus and demand for
personalized medicine, focus on innovations in animal models, and the
development of exclusive tests of in vivo toxicology.
On the basis of product, the in vivo toxicology
market is segmented into consumables and instruments. The consumables segment
is further divided into animal models and reagents & kits. Animal models is
sub segmented into rat, mice, and other animals. In 2019,the consumables
segment dominated the market with maximum share of the market. Factors such as
increasing use of reagents & kits in research activities, growing funds for
research projects, and their extensive application in the in vivo toxicology
studies are driving the growth of this segment.
On the basis of test type, the global in vivo
toxicology market is categorized into acute, sub-acute, sub-chronic, and chronic
test type. The chronic test type segment is expected to dominate the market
during the forecast period. The chronic test type segment held the largest
share of the market, followed by sub-chronic test type in 2019. Factors such as
growing research on drugs used for longer duration therapy such as
anti-convulsive, anti-cancer, anti- hypertensives, and anti-arthritis, drives
the growth of the chronic test type market.
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On the basis of the testing facility, the global in
vivo toxicology market is divided into in-house testing facilities and
outsourced testing facilities. The outsourced testing facilities segment is
expected for largest share in the market, by testing facility, over the
forecast period. Factors such as growing research and development investments
and strategies in pharmaceutical, biopharmaceutical, and medical devices
companies, resulting in increased outsourcing of services to CROs and thus
drive the market.
On the basis on the end user, the global in vivo
toxicology market has been broadly categorized into academic &research
institutes, pharmaceutical & biotechnology companies, contract research
organizations, and other end users (cosmetic companies and food laboratories).
In 2019, the academic and research institutes segment accounted for the largest
share of the market. Factors such as, growing number of research activities and
funding in the field of in vivo toxicology to the academic and research institutes
to conduct in vivo toxicology research are driving the market.
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Geographical Growth Scenario:
The global in vivo toxicology market is divided into North
America, Europe, the Asia Pacific, Latin America and Middle East & Africa.
North America accounted for the largest share of the In Vivo Toxicology Market
in 2019. Factors such as increasing biomedical research and preclinical
activities by CROs and companies. Additionally, geographic presence of major
players operating in the market in the US, drives the market in North America.
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