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2014 OSEHRA Open Source Summit: Global Collaboration in Health IT
2014-09-03 - 2014-09-05    
8:00 am - 5:00 pm
OSEHRA is an alliance of corporations, agencies, and individuals dedicated to advancing the state of the art in open source electronic health record (EHR) systems [...]
Connected Health Summit
2014-09-04    
All Day
The inaugural Connected Health Summit: Engaging Consumers is the only event focused exclusively on the consumer-focused perspective of the fast-growing digital health/connected health market. The [...]
Health Impact MidWest
2014-09-08    
All Day
The HealthIMPACT Forum is where health system C-Suite Executives meet.  Designed by and for health system leaders like you, it provides an unmatched faculty of [...]
Simulation Summit 2014
2014-09-11    
All Day
Hilton Toronto Downtown | September 11 - 12, 2014 Meeting Location Hilton Toronto Downtown 145 Richmond Street West Toronto, Ontario, M5H 2L2, CANADA Tel: 416-869-3456 [...]
Webinar : EHR: Demand Results!
2014-09-11    
2:00 pm - 2:45 pm
09/11/14 | 2:00 - 2:45 PM ET If you are using an EHR, you deserve the best solution for your money. You need to demand [...]
Healthcare Electronic Point of Service: Automating Your Front Office
2014-09-11    
3:00 pm - 4:00 pm
09/11/14 | 3:00 - 4:00 PM ET Start capitalizing on customer convenience trends today! Today’s healthcare reimbursement models put a greater financial risk on healthcare [...]
e-Patient Connections 2014
2014-09-15    
All Day
e-Patient Connections 2014 Follow Us! @ePatCon2014 Join in the Conversation at #ePatCon The Internet, social media platforms and mobile health applications are enabling patients to take an [...]
Free Webinar - Don’t Be Denied: Avoiding Billing and Coding Errors
2014-09-16    
1:00 pm - 2:00 pm
Tuesday, September 16, 2014 1:00 PM Eastern / 10:00 AM Pacific   Stopping the denial on an individual claim is just the first step. Smart [...]
Health 2.0 Fall Conference 2014
2014-09-21    
12:00 am
We’re back in Santa Clara on September 21-24, 2014 and once again bringing together the best and brightest speakers, newest product demos, and top networking opportunities for [...]
Healthcare Analytics Summit 14
2014-09-24    
All Day
Transforming Healthcare Through Analytics Join top executives and professionals from around the U.S. for a memorable educational summit on the incredibly pressing topic of Healthcare [...]
AHIMA 2014 Convention
2014-09-27    
All Day
As the most extensive exposition in the industry, the AHIMA Convention and Exhibit attracts decision makers and influencers in HIM and HIT. Last year in [...]
2014 Annual Clinical Coding Meeting
2014-09-27    
12:00 am
Event Type: Meeting HIM Domain: Coding Classification and Reimbursement Continuing Education Units Available: 10 Location: San Diego, CA Venue: San Diego Convention Center Faculty: TBD [...]
AHIP National Conferences on Medicare & Medicaid
2014-09-28    
All Day
Balancing your organization’s short- and long-term needs as you navigate the changes in the Medicare and Medicaid programs can be challenging. AHIP’s National Conferences on Medicare [...]
A Behavioral Health Collision At The EHR Intersection
2014-09-30    
2:00 pm - 3:30 pm
Date/Time Date(s) - 09/30/2014 2:00 pm Hear Why Many Organizations Are Changing EHRs In Order To Remain Competitive In The New Value-Based Health Care Environment [...]
Meaningful Use and The Rise of the Portals
2014-10-02    
12:00 pm - 12:45 pm
Meaningful Use and The Rise of the Portals: Best Practices in Patient Engagement Thu, Oct 2, 2014 10:30 PM - 11:15 PM IST Join Meaningful [...]
Events on 2014-09-04
Connected Health Summit
4 Sep 14
San Diego
Events on 2014-09-08
Health Impact MidWest
8 Sep 14
Chicago
Events on 2014-09-15
e-Patient Connections 2014
15 Sep 14
New York
Events on 2014-09-21
Health 2.0 Fall Conference 2014
21 Sep 14
Santa Clara
Events on 2014-09-24
Healthcare Analytics Summit 14
24 Sep 14
Salt Lake City
Events on 2014-09-27
AHIMA 2014 Convention
27 Sep 14
San Diego
Events on 2014-09-28
Events on 2014-09-30
Events on 2014-10-02
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.

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