In-vitro toxicology testing Market size likely to grow at a CAGR of 1 Mar,2017 | Page 2

Global In-Vitro Toxicology Testing Market
According to the report “ In-Vitro Toxicology Testing Market ”, published by Market Data Forecast , the global market is projected to reach USD 27.38 billion by 2021 , at a CAGR of 14.10 % from 2016 to 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 .
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 invitro 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 invitro tests .
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
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