Market Synopsis

The ADME Toxicology Testing Market is expected to reach USD 3.02 billion by 2032, growing at a 12.1% CAGR between 2023 and 2032.

Growing medication innovations, together with increased demand from many pharmaceutical and biotechnology businesses, are expected to drive the global ADME toxicology testing market by 2020. The lower rate of failed drug development trials due to the availability of ADME and toxicology is expected to be a key factor in market expansion. The increased use of ADME toxicology testing by pharmaceutical and biotechnology companies, as well as growing concerns about animal experimentation in clinical trials, have all contributed to market growth. Furthermore, the increase in research and development, as well as the growing demand for disease treatments, is expected to significantly increase demand.

On the contrary, the lack of in-vitro models to detect autoimmunity and immune-stimulation is expected to severely impede market growth over the evaluation period. However, the accuracy given by the toxicity test for drug research and biopharmaceutical production is projected to counteract the factors limiting market growth.

The ADME Toxicology Testing Market is expanding with a focus on screening for human ADME (Absorption, Distribution, Metabolism, and Excretion) properties of drugs. With increasing concerns about drug safety and efficacy, pharmaceutical companies are investing in advanced ADME testing methods. This includes in vitro assays and computational modeling, driving market growth.

Market Segmentation

The assessment of the global ADME toxicology testing market is performed by technology, method, end-user, application.

Based on technology, the global ADME toxicology testing market is segmented into high throughput, cell culture, molecular imaging, and OMICS technology.

Based on the method, the global ADME toxicology testing market is segmented into the biochemical assay, cellular assay, in silica, and ex-vivo.

Based on end-user, the global ADME toxicology testing market is segmented into diagnostic centers, hospitals and clinics, pathological labs, and others.

Based on the application, the global ADME toxicology testing market is segmented into renal toxicity, neurotoxicity, systemic toxicity, hepatotoxicity, and others.

Regional Analysis

As per the evaluation, the Americas is anticipated to acquire the largest market share due to sufficient funding allotted for research, and the increasing awareness on the advantages of ADME toxicology testing.

The second position is estimated to be acquired by Europe during the forecast period. The most notable factor influencing the regional market is the growing acceptance of toxicology testing in research. Further, the development in research expenses is anticipated to drive the regional market additionally.

The APAC region is projected to be the fastest-growing region for the global ADME toxicology testing market. The regional growth can be accredited to the adoption of the latest technologies. In APAC, China and Japan are estimated to be the most lucrative markets. Further, the increasing palliative care an oncology services at the hospital and community level are anticipated to influence the market positively.

The MEA region is predicted to procure the minimum market share because of low per capita income and lack of expertise. However, the increasing demand for accuracy and stability among the end-user is assumed to develop the regional market. In addition, the growing adoption of hyperspectral imaging technology in the region is another factor driving the regional market.

Key Players

The renowned players of the global ADME toxicology testing market are Agilent Technologies, Inc., Promega Corporation, Thermo Fisher Scientific, Inc.,  Beckman Coulter, Inc., Bio-Rad Laboratories, Inc., Cellartis AB, Life Technologies Corporation, Cyprotex PLC., Optivia Biotechnology, Inc., Molecular Discovery Ltd., Accelrys, Inc., Cyprotex PLC, MultiCASE, Inc., Xceleron, Inc., Caliper Life Sciences, Inc., ACEA Biosciences, Inc., CeeTox, Inc., Albany Molecular Research, Inc., and others. 

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