Global ADME Toxicology Testing Market Size By Method (Biochemical Assay, Cellular Assay), By Technology (Cell Culture, High Throughput), By Application (Systemic Toxicity, Renal Toxicity), By Geographic Scope And Forecast
Report ID: 247437|No. of Pages: 202
Global ADME Toxicology Testing Market Size By Method (Biochemical Assay, Cellular Assay), By Technology (Cell Culture, High Throughput), By Application (Systemic Toxicity, Renal Toxicity), By Geographic Scope And Forecast
ADME Toxicology Testing Market Size And Forecast
ADME Toxicology Testing Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2022 to 2030.
One of the primary factors driving the growth of the ADME Toxicology Testing Market is the rise in the trend of miniaturization, as well as the use of miniaturized devices across numerous sectors. The Global ADME Toxicology Testing Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
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Global ADME Toxicology Testing Market Definition
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Global ADME Toxicology Testing Market Overview
ADME toxicity testing is being used to support overall drug discovery operations such as drug trials, drug design, and other drug interactions by completing various chemical, pharmacological, and genetic tests. This method employs a variety of liquid-handling devices, software, and detectors to aid in the quick identification of active chemicals, genetic interactions, and other biomolecular interactions. Increasing late-stage drug failure rates, rising demand for innovative therapeutic compounds, and increased government and private sector investment in the global healthcare industry will likely fuel the expansion of the ADME Toxicology Testing Market during the projection period.
ADME toxicology testing provides a significant advantage in entering the early drug development phase of pre-clinical trials and overcoming drug failure. ADME toxicity testing influences drug levels and kinetics of drug exposure to human tissue, facilitating pharmaceutical manufacturing performance by minimizing drug discovery time, testing, and overall drug development costs.
Due to this, pre-clinical ADME toxicity testing is a significant application in the drug discovery venture capital (VC) sectors for making financial decisions following the relevance and breadth of drug development organizations. Over the forecast period, the market is likely to surge. Over the next years, the global market is predicted to see an increase in the demand for novel and efficient treatment solutions for a wide range of health issues.
Global ADME Toxicology Testing Market: Segmentation Analysis
The Global ADME Toxicology Testing Market is Segmented on the basis of Method, Technology, Application, and Geography.
ADME Toxicology Testing Market, By Method
- Biochemical Assay
- Cellular Assay
- In Silica
- Ex-Vivo
- Other
Based on Method, the market is segmented into Biochemical Assay, Cellular Assay, In Silica, Ex-Vivo, and Other.
ADME Toxicology Testing Market, By Technology
- Cell Culture
- High Throughput
- Molecular Imaging
- OMICS Technology
- Other
Based on Technology, the market is segmented into Cell Culture, High Throughput, Molecular Imaging, OMICS Technology, and Other.
ADME Toxicology Testing Market, By Application
- Systemic Toxicity
- Renal Toxicity
- Hepatotoxicity
- Neurotoxicity
- Others
Based on Application, the market is segmented into Systemic Toxicity, Renal Toxicity, Hepatotoxicity, Neurotoxicity, and Others.
ADME Toxicology Testing Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of The World
On the basis of Geography, the Global ADME Toxicology Testing Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The North American region is expected to dominate the market during the forecasted period owing to its rapid growth, which can be attributed to factors such as increased research funding, increased awareness of the benefits of ADME toxicology testing for commercial industries, and increased adoption of toxicology testing in research.
Key Players
The “Global ADME Toxicology Testing Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Thermo Fisher Scientific Inc., Promega Corporation, Beckman Coulter Inc., Agilent Technologies, Life Technologies Corporation, Cyprotex, and Bio-Rad laboratories.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
- On March 2022, Promega Corporation, and FUJIFILM Cellular Dynamics Announce Strategic Collaboration to Advance Novel Assay Development.
- In March 2022, Thermo Fisher Scientific Inc., a global leader in ADME science service, will invest $97 million in its clinical research operations in Richmond, Virginia.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2018-2030 |
| Base Year | 2021 |
| Forecast Period | 2022-2030 |
| Historical Period | 2018-2020 |
| Key Companies Profiled | Thermo Fisher Scientific Inc., Promega Corporation, Beckman Coulter Inc., Agilent Technologies, Life Technologies Corporation, Cyprotex, and Bio-Rad laboratories. |
| Segments Covered | By Method, By Technology, By Application, And By Geography |
| Customization Scope | Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
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Data Collection Matrix
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Industry Analysis Matrix
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