Events Calendar

Mon
Tue
Wed
Thu
Fri
Sat
Sun
M
T
W
T
F
S
S
26
27
29
30
31
1
2
5
7
8
12
13
14
16
17
21
22
23
24
25
26
27
28
1
Proper Management of Medicare/Medicaid Overpayments to Limit Risk of False Claims
2015-01-28    
1:00 pm - 3:00 pm
January 28, 2015 Web Conference 12pm CST | 1pm EST | 11am MT | 10am PST | 9AM AKST | 8AM HAST Topics Covered: Identify [...]
EhealthInitiative Annual Conference 2015
2015-02-03 - 2015-02-05    
All Day
About the Annual Conference Interoperability: Building Consensus Through the 2020 Roadmap eHealth Initiative’s 2015 Annual Conference & Member Meetings, February 3-5 in Washington, DC will [...]
Real or Imaginary -- Manipulation of digital medical records
2015-02-04    
1:00 pm - 3:00 pm
February 04, 2015 Web Conference 12pm CST | 1pm EST | 11am MT | 10am PST | 9am AKST | 8am HAST Main points covered: [...]
Orlando Regional Conference
2015-02-06    
All Day
February 06, 2015 Lake Buena Vista, FL Topics Covered: Hot Topics in Compliance Compliance and Quality of Care Readying the Compliance Department for ICD-10 Compliance [...]
Patient Engagement Summit
2015-02-09 - 2015-02-10    
12:00 am
THE “BLOCKBUSTER DRUG OF THE 21ST CENTURY” Patient engagement is one of the hottest topics in healthcare today.  Many industry stakeholders consider patient engagement, as [...]
iHT2 Health IT Summit in Miami
2015-02-10 - 2015-02-11    
All Day
February 10-11, 2015 iHT2 [eye-h-tee-squared]: 1. an awe-inspiring summit featuring some of the world.s best and brightest. 2. great food for thought that will leave you begging [...]
Starting Urgent Care Business with Confidence
2015-02-11    
1:00 pm - 3:00 pm
February 11, 2015 Web Conference 12pm CST | 1pm EST | 11am MT | 10am PST | 9am AKST | 8am HAST Main points covered: [...]
Managed Care Compliance Conference
2015-02-15 - 2015-02-18    
All Day
February 15, 2015 - February 18, 2015 Las Vegas, NV Prospectus Learn essential information for those involved with the management of compliance at health plans. [...]
Healthcare Systems Process Improvement Conference 2015
2015-02-18 - 2015-02-20    
All Day
BE A PART OF THE 2015 CONFERENCE! The Healthcare Systems Process Improvement Conference 2015 is your source for the latest in operational and quality improvement tools, methods [...]
A Practical Guide to Using Encryption for Reducing HIPAA Data Breach Risk
2015-02-18    
1:00 pm - 3:00 pm
February 18, 2015 Web Conference 12pm CST | 1pm EST | 11am MT | 10am PST | 9am AKST | 8am HAST Main points covered: [...]
Compliance Strategies to Protect your Revenue in a Changing Regulatory Environment
2015-02-19    
1:00 pm - 3:30 pm
February 19, 2015 Web Conference 12pm CST | 1pm EST | 11am MT | 10am PST | 9am AKST | 8am HAST Main points covered: [...]
Dallas Regional Conference
2015-02-20    
All Day
February 20, 2015 Grapevine, TX Topics Covered: An Update on Government Enforcement Actions from the OIG OIG and US Attorney’s Office ICD 10 HIPAA – [...]
Events on 2015-02-03
EhealthInitiative Annual Conference 2015
3 Feb 15
2500 Calvert Street
Events on 2015-02-06
Orlando Regional Conference
6 Feb 15
Lake Buena Vista
Events on 2015-02-09
Events on 2015-02-10
Events on 2015-02-11
Events on 2015-02-15
Events on 2015-02-20
Dallas Regional Conference
20 Feb 15
Grapevine
Latest News Press Releases

In Vitro Toxicity Testing Market 2018 Key Trends, Manufacturers in Globe, Benefits, Opportunities to 2023

drug development stages

In Vitro Toxicity Testing Market 2018 Key Trends, Manufacturers in Globe, Benefits, Opportunities to 2023

The global market for in vitro toxicity testing should grow from $7.4 billion in 2018 to reach $10.4 billion by 2023 at a compound annual growth rate (CAGR) of 7.1% for the period of 2018-2023.

Report Scope:

The scope of the report encompasses the major types of traditional toxicity testing that have been used, and the in vitro techniques that are being developed by industry, government agencies and nonprofits. It analyzes current market status, examines drivers on future markets and presents forecasts of growth over the next five years.

Technology developments, including the latest trends, are discussed. Other influential factors such as validation and testing strategies for pharmaceuticals, cosmetics, and chemicals also have been included.

Regulatory drivers play a large role in toxicology, determining the specific parameters of tests that have been explicitly required. They also heavily influence the testing that is performed by companies in earlier stages of research. The report examines the regulatory role and the different federal and international agencies that play an active role in in vitro toxicology research, development and adoption.

Report Includes:

– 52 data table and 18 additional tables
– An overview of the global markets and technologies for the in vitro toxicity testing techniques within the pharmaceutical industry
– Analyses of global market trends with data from 2017, 2018, and projections of compound annual growth rates (CAGRs) through 2023
– Information on latest trends, technological developments and government regulations that influence the growth of the market
– A breakdown of influential factors, such as validation of the alternative measures for toxicity and toxicity testing strategies for chemicals, pesticides, and food additives
– Evaluation covering equipment, assays, cells, reagents, and services used in toxicity testing
– Profiles of major players in the toxicology market, including Abbott Laboratories, Inc., Agilent Technologies, Inc., Evotec AG, GE Healthcare Life Sciences and Thermo Fisher Scientific, Inc.

Summary

The global in vitro toxicity market should grow at a compound annual growth rate (CAGR) of REDACTED during the forecast period (2018–2023). Every year more chemicals are synthesized and are brought into the market. The cost of animal testing is high, with some substances costing more than several million dollars. Along with the high cost of toxicity testing, animal welfare is another key concern that calls for alternative testing methods. In vitro model systems, like cell-based models, can significantly reduce costs and the use of animals in toxicity testing. The increasing need for non-animal tests in toxicity testing is driving demand in the in vitro toxicity market. In vitro models are used to gain a better understanding of chemical-induced toxicity in animals and humans. The in vitro test model primarily serves as a rapid screening system for the toxicologic evaluation of chemicals. These models may complement in vivo toxicity tests or may replace some in vivo models if scientifically validated and accepted by regulatory agencies.

The most common in vitro models are isolated tissue preparations, perfused organ preparations, singlecell suspensions, and cell-culture systems (like primary cell cultures) and mammalian cell lines. Cellculture systems often are used because they are reliable, reproducible, and relatively inexpensive testing methods that assess chemical toxicity at the cellular level. Further, non-animal toxicity test methods have been used for determining cellular toxicity by manufacturers to support decisions for conducting conventional animal testing.

The growing demand for in vitro toxicity testing during the drug discovery process and increasing number of contract research organizations (CRO) are major drivers of the global in vitro toxicity market. The Developmental Therapeutics Program at the National Cancer Institute (DTP 2005) developed an in vitro cell-line screen to support its drug-discovery program. For potential anticancer activity, the in vitro cell-line screen test can screen up to 20,000 compounds per year. The in vitro cell-line screen test uses 60 human tumor cell lines, representing various cancers such as skin cancer, breast cancer, colon cancer, brain cancer, prostate cancer, blood cancer, and kidney cancer.

Charles River, GVK Biosciences Private Ltd., Sekisui XenoTech LLC and Merck KGaA are among a large number of CROs that offer in vitro toxicity services. The increasing demand for animal-free toxicity tests driving growth of the global in vitro toxicity market. In vitro toxicity tests are reliable, cost-effective and do not use animals, unlike in vivo tests. The rising global prevalence of chronic diseases has significantly increased demand for the discovery of novel drugs. The toxicity study of drugs and compounds is performed by the regulatory bodies, in order to facilitate approval of drugs and devices.

High cost of toxicology equipment, inadequate infrastructure and funding for R&D in emerging countries are expected to hinder growth of the global in vitro toxicity market. High-throughput screening (HTS) equipment is expensive, particularly for small and emerging countries that wish to purchase multiple instruments. Their high cost may hinder market growth in these countries. However, governments, companies and research institutes are extensively funding for toxicology research, which should overcome the cost challenges and drive market growth during the forecast period. Also, regulatory programs such as TOX21, ToxCast program and NTP (National Toxicology Program) are creating enormous opportunities for companies in the in vitro toxicity global market.

Visit More Information: Click Here