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North America in-vitro toxicology testing market Revenue Increased to USD 7.89 Billion by 2021

(PharmaNewsWire.Com, August 14, 2017 ) According to the report, the North America in-vitro toxicology testing market is expected to reach USD 7.89 billion by 2021 from USD 4.19 billion in 2016, growing at a CAGR of 13.50% for the next five years 2016-2021.
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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Favorable regulatory authorities for toxicology testing using the in-vitro tests, growing technological advancements in toxicity testing models, increasing research & development expenditure towards cell culture, existence of stringent regulations related to animal utilization for toxicity testing, and increasing demand for in-vitro tests are driving the growth of in-vitro toxicology testing market in North America. However, requirement of extensive validation procedures for new in-vitro method and presence of stringent social & scientific laws pertaining to toxicology testing studies are some of the factors that restrain the growth of in-vitro toxicology testing market in North America.
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Market Segmentation

• Product
o Assays
o Reagents & Labware
o Services Growth Hormone Therapy

• Type
o ADME (Absorption, Distribution, Metabolism, and Excretion)
o Dose
o Toxic Substance

• Toxicity Endpoints & Tests
o Systemic Toxicity
o Dermal Toxicity
o Carcinogenicity
o Ocular Toxicity
o Skin Sensitization & Irritation
o Genotoxicity
o Neurotoxicity
o Organ Toxicity
o Other Toxicity Endpoints & Tests

• Technology
o OMICS Technologies
o Cell Culture Technology
o High-Throughput Technologies
o Molecular Imaging Technologies

• Method
o In-Silico Methods
o Biochemical Assays
o Cellular Assays
o Ex-Vivo Models

• Industry
o Cosmetics and Household Products
o Diagnostics
o Pharmaceuticals
o Food Industry
o Chemicals

• Geographical Analysis
o United States
o Canada

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On the basis of geographical areas, North America in-vitro toxicology testing market is segmented as U.S., and Canada. U.S., is estimated to account for larger share of the North America in-vitro toxicology testing market in 2016, whereas Canada is estimated to grow at a higher CAGR during the forecast period 2016-2021.
The key players in 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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