Report ID: SQMIG35H2189
Report ID:
SQMIG35H2189 |
Region:
Global |
Published Date: March, 2024
Pages:
219
|
Tables:
64 |
Figures:
80
Genetic Toxicology Testing Market size was valued at USD 1.48 Billion in 2023 and is poised to grow from USD 1.67 Billion in 2024 to USD 4.33 Billion by 2032, growing at a CAGR of 12.70% during the forecast period (2025-2032).
Genetic toxicology testing is a critical component of the broader pharmaceutical, biotechnology, and chemical industries. Genetic toxicology testing is a vital phase in the safety assessment of new drugs, chemicals, and consumer products, ensuring their potential risks to human health and the environment are thoroughly evaluated. This market's overview reflects its growing significance due to increasing regulatory scrutiny, advancements in testing methods, and a heightened emphasis on public health and safety. The market is experiencing notable growth due to factors such as expanding pharmaceutical and chemical R&D activities, stringent regulations set by global health authorities, and a rising awareness of the potential long-term effects of exposure to genotoxic substances.
Traditional tests, including the Ames test and chromosomal aberration assays, continue to be essential but are being complemented by advanced techniques like in vitro micronucleus assays, in silico modeling, and high-throughput screening methods. These advancements enable faster, more accurate, and cost-effective testing, driving market growth. Furthermore, the push toward alternative testing methods to reduce animal usage aligns with ethical considerations and regulatory demands, thereby boosting the adoption of non-animal testing models. The market is characterized by the presence of key players offering a diverse range of testing services, including contract research organizations (CROs) specializing in genetic toxicology testing.
US Genetic Toxicology Testing Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG35H2189