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Showing posts with the label In-vitro Toxicology Testing Market

In-vitro Toxicology Testing Market 2030: Cutting-Edge Innovations in Safety Testing

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The global  in-vitro toxicology testing market   size is expected to reach USD 64.81 billion by 2030, registering a CAGR of 11.17% from 2024 to 2030, according to a new report by Grand View Research, Inc. Over the years, acceptance of in-vitro toxicology testing methods by regulatory authorities is increasing at a faster pace & thus validation of these tests methods opposed to conventional testing is even rising. Also, development of technologies to substitute animal use for toxicology tests has fueled the usage of in-vitro models such as in-silico simulation, assays, 3D cell cultures and many more, thereby boosting market growth.  Screening of a new drug candidate involves the use of animals for preclinical studies which is very tedious and expensive. However, in recent times, several jurisdictions are promoting ban for animal-based chemical testing. For example, for several years, the EU has been promoting the reduction, replacement, and refinement of ani...

In-vitro Toxicology Testing Market Growth and Competitive Analysis with Key Players 2028

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In-vitro Toxicology Testing Industry Overview The global  in-vitro toxicology testing market  size is expected to reach USD 51.1 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 10.7% from 2021 to 2028. In recent times, the validation and acceptance of in-vitro and alternative testing methods by regulatory agencies are increasing at lucrative pace. Also, ongoing technological advancements to replace the use of animals for toxicology testing purposes have spurred the use of in vitro testing models, in turn, driving the market. In-vitro Toxicology Testing Market Segmentation Grand View Research has segmented the global in-vitro toxicology testing market on the basis of end-use, technology, method, application, and region: Based on the Technology Insights, the market is segmented into Cell Culture Technology, High Throughput Technology, Molecular Imaging and OMICS Technology The cell culture technology d...