In-vitro Toxicology Testing Market Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2019 – 2026
Global in-vitro toxicology testing market size was estimated at USD 8.1 billion in 2019 and is expected to grow at a CAGR of 9.2% over the forecast period 2020-2026, owing to factors such as technological advancements, opposition to animal testing and rising R&D to determine toxicity at early stages.
Growing ethical concerns regarding animal testing procedures and efforts taken by several animal welfare organizations have paved the way for the replacement or reduction of animal testing with in-vitro toxicology testing. For instance, in April 2018, the U.S. Environmental Protection Agency (EPA) introduced a draft policy that prescribes the use of in-vitro methods to minimize animal use in testing chemicals causing skin inflammation or sensitization.
The broadening horizon of high-throughput screening (HTS) techniques has encouraged drug manufacturers to adopt these cost-effective and time-efficient techniques for toxicological evaluation. For instance, in October 2019, the HTS data from the ToxCast program, initiated by the U.S. EPA to evaluate the toxic potential of chemicals, has been utilized for the risk assessment of food contact materials by employing an assessment framework called RISK 21.
In-vitro toxicology assays enable rapid assessment of safety and offer cost-saving as well as time-saving advantages. Drug developers prefer in-vitro toxicology screening of their candidate drugs, further driving the adoption of these assays. Integration of systems biology, toxicogenomics, computational toxicology, and epigenetics in in-vitro methodology also positively impact the adoption rate.
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