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(Medical-NewsWire.com, January 24, 2017 ) In-Vitro Toxicology Testing Market is projected to reach USD 27.38 billion by 2021, at a CAGR of 14.10% from 2016 to 2021.
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In-vitro toxicology testing is the scientific analysis of toxic effects produced by chemical substances on cultured mammalian cells or bacteria. Toxicity testing is very essential in drug discovery as identifies the toxic effects of new compound in the early stages of drug discovery. This early detection of toxicity reduces the development cost and time.
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Global In-Vitro Toxicology Testing market is expected to witness growth owing to increasing technological advancements, rising research & development in cell culture, growing demand for in-vitro toxicology tests over the conventional in-vivo tests, increasing awareness towards toxicity testing studies, rising health-consciousness amongst individuals, growing economic status in emerging nations, existence of favorable regulatory authorities for toxicology testing using the in-vitro tests.
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Global Market for In-Vitro Toxicology Testing is segmented on the basis of product, type, toxicity endpoints & tests, technology, method, industry
and geography.
1) On the basis of Product
Assays
Reagents & Labware
Services
2) On the basis of Type
ADME (Absorption, Distribution, Metabolism, & Excretion)
Dose
Toxic Substance
3) On the basis of Toxicity endpoints & Tests
Systemic Toxicity
Dermal Toxicity
Carcinogenicity
Ocular Toxicity
Skin Sensitization & Irritation
Genotoxicity
Neurotoxicity
Organ Toxicity
Other Toxicity Endpoints & Tests
4) On the basis of Technology
OMICS Technologies
Cell Culture Technology
High-Throughput Technologies
Molecular Imaging Technologies
5) On the basis of Method
In-Silico Methods
Biochemical Assays
Cellular Assays
Ex-Vivo Models
6) On the basis of Industry
Cosmetics and Household Products
Diagnostics
Pharmaceuticals
Food Industry
Chemicals
7) On the basis of Geography
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
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The key players in global in-vitro toxicology testing market include, Covance, Inc. (A subsidiary of LabCorp) (U.S.), Agilent Technologies, Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Eurofins Scientific SE (Luxembourg), General Electric Company (U.S.), BioReliance, Inc. (A subsidiary of Merck & Co, Inc.) (U.S.), Charles River Laboratories International, Inc. (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Catalent (U.S.), and Cyprotex (U.K.), among others.
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