Toxicology Services Global Market

Forecast to 2025

Toxicology Services Global Market is estimated to be worth $14,343.0 million

by 2025

IQ4I Research & Consultancy published a new report on Toxicology Services Global
Market Forecast To 2025 This report analyzes and studies the overall market, major
Drivers & Opportunities, Restraints & Threats in North America, Europe, Asia-Pacific and
Rest of the World

IQ4Is Report Contains 89 market data tables and 111 figures spread through 344 pages
and an exhaustive TOC on Toxicology Services Global Market, METHODS [In Vivo and In
Vitro (Cellular & Biochemical, Ex Vivo and In Silico)], INDUSTRY [Pharmaceutical, Medical
Devices, Cosmetics, Chemical (Industrial Chemical, Agrochemical and Environmental) and
Other Industries (Food and Consumer Goods)], ENDPOINT TESTS [Systemic Toxicology,
Organ Toxicology, Dermal Toxicology, Neurotoxicology, Ocular Toxicology,
Genotoxicology, Developmental & Reproductive Toxicology, Carcinogenicity, and
Ecotoxicology], REGION (North America, Europe, Asia-Pacific and Rest of the World)

Toxicology is the study of adverse effects that occur in living organisms and its environment
due to chemicals, physical or biological substances. Toxicology testing regulations are
already in place for most of the developed countries across industries such as chemicals,
pesticides, consumer goods, medical products, food additives. These toxicology tests are
important for the approval of products and with the increased trend, toxicology studies are
outsourced across the industries. As estimated by IQ4I Research, the toxicology services
global market is estimated to reach $14,343.0 million by 2025 growing at a high single digit
CAGR from 2017 to 2025.

With the rise in R&D investments and mandatory toxicology testing along with other factors
such as advancements in technology, increased outsourcing trends and private/public sector
funding, are driving the growth of the toxicology services market. However, some tests such
as the carcinogenicity tests are expensive and take about 1-2 years which furthermore, may
not necessarily result in a fruitful outcome. Thus, factors such as, high cost and long
durations of studies with no guaranteed results, high capital requirements for GLP
certification of the toxicology labs, increased funding towards repurposing, along with
opposition to animal testing by animal welfare groups are hindering the market growth.

The toxicology services global market is segmented into methods, industries, endpoint tests
and geography. Among the various methods, the in vitro segment accounted for the largest
share in 2017 and is projected to grow at a strong double digit CAGR from 2017 to 2025 due
to technological advancements, increased acceptance, and implementation of the 3Rs.

IQ4I Research & Consultancy Pvt. Ltd. Page 1

Toxicology Services Global Market

Forecast to 2025

Based on industry, the toxicology services global market is segmented into pharmaceutical,
medical devices, cosmetic, chemical and other industries. Although, pharmaceuticals take
the largest share of the market, toxicology services for the cosmetic industry are growing at
a strong double digit CAGR from 2017 to 2025.

Among the various end point tests, systemic toxicology segment accounted for the largest
share in 2017 and is projected to grow at a mid single digit CAGR from 2017 to 2025.
Developmental and reproductive toxicology (DART) is the fastest growing of all the
segments. Geographically, North America region commanded the largest revenue in 2017.
However, Asia- Pacific region is expected to grow fastest due to favorable government
regulations and investments.

With the development of 3D cell culture, the newest technology used for toxicology is the 3D
cell culture assays. These 3D cultures assays have many advantages over the 2D cell
culture assays as they can mimic the tissue environment nearly close to that of an in vivo
tissue. Therefore, they address the limitations of both animals and two-dimensional cultures,
and provide more accurate data on the effects of short- and long-term exposure to toxicants.
Also, these tests are expected to cost relatively less when compared to the animal tests.
Organ-on-chip uses the 3D cell culture technology to the next level. Organ-on-chip is micro-
engineered multichannel 3D microfluidic biomimetic system enabled with high resolution,
real time imaging and in-vitro analysis of biochemical, genetic and metabolic activities in
tissues and organs. Companies such as Insphero offer services for toxicity testing on 3D cell
cultures. Although these methods cannot fully replace in vivo testing, they are set to impact
the number of animals used for regulatory testing.

The toxicology services market is highly fragmented, however, recent deals such as
acquisition of Advinus Therapeutics by Eurofins Scientific in July 2017 reflects on the market
trend of acquiring complementary capabilities to provide end to end toxicology services
across industries.

Major players in toxicology services market include Charles River Laboratories (U.S.),
Labcorp (Covance) (U.S.), Envigo (U.S.), MPI Research Inc. (U.S.), Eurofins (Luxembourg),
Wuxi Apptec (China), SGS (Switzerland), Merck KGaA (Bioreliance Inc.) (Germany), Evotec
(Germany), and Bureau Veritas (Maxxam) (France).

Some of the other companies operating in toxicology services global market include CMIC
Inc. (U.S.), NAMSA (U.S.), PPD (U.S.), Citox Lab (France), Crown Biosciences (U.S.), GVK

IQ4I Research & Consultancy Pvt. Ltd. Page 2

Toxicology Services Global Market

Forecast to 2025

Bio (India), Intox Pvt.Ltd. (India), MB Research Laboratories (U.S.), PharmaLegacy

Laboratories (China), Pharmaseed (Israel).

Reasons for buying this report:

Analysis of the toxicology services global market by identifying various segments by
methods, industries, endpoint tests and geography.
Revenue forecast of the toxicology services global market and strategic analysis of
each submarket with respect to segmental growth trends.
Analysis of the major market trends and factors driving or inhibiting the growth of the
toxicology services global market.
Revenue forecast of the toxicology services global market with respect to North
America (U.S. and others), Europe (Germany, France, U.K. and Others), Asia-Pacific
(China, India, Japan and others) and the Rest of the World (RoW) (Brazil, Rest of
Latin America and, Middle East & Others).
Analysis of the opportunities for stakeholders by identifying the high-growth
segments of the market.
Country level analysis of toxicology services.
Identification of key technology developments and innovations driving the market.
Comparison matrix of market players (95) vs. industries and comparison matrix of
market players (86) and endpoint tests offered.
Profiles of major players in the toxicology services global market with details of their
service offerings, business strategies, SWOTs.
Market share analysis for top players in the toxicology services global market.
Established and Emerging players (156 companies) and their service offerings.

IQ4I Research & Consultancy Pvt. Ltd. Page 3

Toxicology Services Global Market

Forecast to 2025

FIGURE 1

TOXICOLOGY SERVICES GLOBAL MARKET SEGMENTATION

Toxicology Services Global Market

By Methods By Industry By Endpoints By Region

Acute Systemic
In Vivo Pharmaceutical North America
Toxicology

In Vitro Medical Devices Chronic Toxicology Europe

Cellular & Biochemical Cosmetics Dermal Toxicology APAC

Ex Vivo Chemical Neurotoxicology ROW

In Silico Industrial Chemicals Ocular Toxicology

Agrochemicals Genotoxicology

Environmental Developmental &

Reproductive
Toxicology
Others
Carcinogenicity

Food
Ecotoxicology

Consumer Goods

IQ4I Research & Consultancy Pvt. Ltd. Page 4