USD 7.41 billion
Report ID:
SQMIG35D2140 |
Region:
Global |
Published Date: March, 2024
Pages:
219
|Tables:
66
|Figures:
75
ADME Toxicology Testing Market size was valued at USD 7.41 billion in 2022 and is poised to grow from USD 8.26 billion in 2023 to USD 19.74 billion by 2031, growing at a CAGR of 11.50% during the forecast period (2024-2031).
The purpose of the ADME toxicology testing market is to evaluate the pharmacokinetics and toxicokinetics of substances, providing vital information on their absorption rates, tissue distribution, metabolism, and elimination pathways. By assessing the potential toxicity and adverse effects of drugs and chemicals, ADME testing helps in early-stage drug development, preclinical safety assessments, and risk management. The driving factor of the ADME toxicology testing market is the increasing demand for safer and more effective drugs. With stringent regulatory requirements and the need to ensure patient safety, pharmaceutical companies and researchers rely on ADME testing to assess the potential toxicity and predict the pharmacokinetic properties of their drug candidates.
Challenges in the ADME toxicology testing market include the complexity of human physiology and interindividual variations, which can influence the outcomes and interpretations of test results. The rapid advancements in drug discovery and development also present challenges in keeping up with the evolving regulatory guidelines and ensuring the accuracy and reliability of ADME testing methods. The global ADME toxicology testing market serves the purpose of evaluating the pharmacokinetics and toxicokinetics of drugs and chemicals, ensuring their safety and efficacy. It is driven by the demand for safer drugs and regulatory compliance. However, challenges such as cost constraints and the need for alternative testing methods exist. Nonetheless, opportunities arise from advancements in in vitro and in silico testing approaches and the potential for personalized medicine applications.
US ADME Toxicology Testing Market is poised to grow at sustainable CAGR for the next forecast year.
Global Market Size
USD 7.41 billion
Largest Segment
Cell Culture
Fastest Growth
Cell Culture
Growth Rate
11.50% CAGR
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The global ADME toxicology testing market is segmented on the basis of technology, application, and region. By Technology, the market is segmented into Cell Culture, High Throughput, Molecular Imaging, and OMICS Technology. By Application, the market is segmented into Systemic Toxicity, Renal Toxicity, Hepatotoxicity, Neurotoxicity, and Others. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
ADME toxicology testing market can further be segmented into the following segments:
ADME Toxicology Testing Market By Product & Service
• Consumables
• Assays
• Bacterial Toxicity Assays Enzyme Toxicity Assays
Cell-Based Elisa and Western Blots
Receptor-Binding Assays
• Tissue Culture Assays
• Other Assays
• Services
Equipment
Software
ADME Toxicology Testing Market By Toxicity Endpoint & Test
• ADME
• Genotoxicity
• Skin irritation, Corrosion & Sensitization
• Cytotoxicity
• Ocular Toxicity
• Organ Toxicity
• Dermal Toxicity
• Phototoxicity
Other End Point & Tests
ADME Toxicology Testing Market By Industry
• Pharmaceutical & Biopharmaceutical • Consumer Care
• Food
• Others
ADME Toxicology Testing Market By Technology
• Cell Culture
• High-throughput • Toxicogenomics
ADME Toxicology Testing Market By Method
• Cellular Assays
• Biochemical Assays
• Molecular Toxicology Assays
• Ex-vivo Models
• In Silico Models
ADME Toxicology Testing Market By Region
• North America
• US
• Canada
Europe
• Germany
。 UK
• France
• Italy
• Spain
• Rest of Europe (ROE)
• Asia Pacific (APAC)
• Japan
• China
• India
• South Korea
• Rest of Asia Pacific (ROAPAC)
• Latin America
• Brazil
• Mexico
• ROLATAM
Middle East & Africa
Middle East
Africa
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North America continues to dominate the global ADME toxicology testing market. The region's dominance is primarily attributed to several factors. Firstly, North America houses a robust pharmaceutical industry with a significant presence of key market players, including pharmaceutical companies, contract research organizations (CROs), and academic research institutions. These entities drive the demand for ADME toxicology testing services to ensure the safety and efficacy of drug candidates. North America boasts advanced healthcare infrastructure, well-established regulatory frameworks, and a strong emphasis on research and development. The region's regulatory bodies, such as the U.S. Food and Drug Administration (FDA), enforce stringent guidelines for drug safety evaluation, making ADME toxicology testing an essential component of the drug development process. This regulatory environment stimulates the demand for toxicology testing services and propels the dominance of North America in the market.
The Asia Pacific region is experiencing significant growth and emerges as the fastest-growing region in the global ADME toxicology testing market. Several factors contribute to the region's rapid expansion. Firstly, the Asia Pacific region has witnessed substantial growth in its pharmaceutical and biotechnology industries, driven by factors such as a large patient population, increasing healthcare expenditure, and rising demand for innovative therapies. Countries like China, India, and Japan have made significant investments in research and development infrastructure, fostering the growth of the ADME toxicology testing market. These nations are becoming preferred destinations for clinical trials and drug development, leading to a surge in the demand for toxicology testing services.
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ADME Toxicology Testing Market Drivers
Increasing Drug Development Activities
Stringent Regulatory Guidelines
ADME Toxicology Testing Market Restraints
High Cost of ADME Toxicology Testing
Ethical Concerns and Animal Testing Alternatives
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The global ADME toxicology testing Market features a competitive landscape characterized by the presence of several prominent players offering a range of services and solutions. These companies strive to enhance their market position through continuous innovation, strategic collaborations, and expansions. The competitive landscape is shaped by factors such as technological advancements, regulatory compliance, and the ability to provide comprehensive and reliable toxicology testing services. Strategic collaborations and partnerships also play a crucial role in shaping the competitive landscape of the ADME toxicology testing market. Companies often form alliances with academic institutions, regulatory bodies, and other industry players to gain access to specialized knowledge, expand their service offerings, and establish a global presence. These collaborations facilitate knowledge exchange, technology transfer, and the development of standardized testing protocols, ultimately benefiting the industry as a whole.
ADME Toxicology Testing Market Top Player’s Company Profiles
ADME Toxicology Testing Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global ADME toxicology testing market analysis, the increasing need for effective and safe drugs, stringent regulatory requirements, and the growing focus on personalized medicine are the key growth drivers. Pharmaceutical companies rely on ADME toxicology testing to comply with regulatory guidelines and obtain approvals for clinical trials and product launches. It ensures that drugs are thoroughly evaluated for potential adverse effects and provides valuable insights into their pharmacokinetics and potential interactions with other drugs. The global ADME toxicology testing market is experiencing substantial growth driven by factors like the demand for safe and effective drugs, regulatory compliance, and technological advancements. With the continuous development of innovative testing methods and a focus on regulatory compliance, this market plays a vital role in ensuring the safety and efficacy of pharmaceutical products, ultimately benefiting patients worldwide.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 7.41 billion |
Market size value in 2031 | USD 19.74 billion |
Growth Rate | 11.50% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the ADME Toxicology Testing Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the ADME Toxicology Testing Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the ADME Toxicology Testing Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the ADME Toxicology Testing Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQMIG35D2140
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