In Vitro Toxicity Testing to Grow at a 15.84% CAGR to 2018 Says a New Research Report at ReportsnReports.com
Global In-vitro Toxicity Testing Market 2014-2018 report says animal welfare organizations across the world are supporting in vitro toxicity testing.
Dallas, Texas (PRWEB) April 14, 2014
Cosmetic as well as chemical companies are trying to market and sell their products by campaigning animal-free testing. Popular brands of cosmetics are implementing animal-free testing policies to market and sell their products. Vendors are targeting compassionate consumers by marketing their products as
- Cruelty-free food
- And clothing as cruelty-free testing does not damage the environment or produce harmful waste.
Analysts forecast the Global In Vitro Toxicity Testing market will grow at a CAGR of 15.84 percent over the period 2013-2018. According to the report, the Global In Vitro Toxicity Testing market is driven by several factors, of which an increase in opposition to animal testing is one of the major drivers. Since animals are used as test subjects, toxicity testing is opposed by the majority of animal rights activists. This results in the increased adoption of in vitro toxicity testing and helps in the growth of the market.
Covered in this Report
The Global In Vitro Toxicity Testing market can be divided into four end-user segments: Cosmetics and Personal Care Industry, Pharmaceuticals Industry, Food Industry, and Chemicals Industry. The Global In Vitro Toxicity Testing Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the market. In addition, the report discusses the major drivers that influence the growth of the Global In Vitro Toxicity Testing market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market. The report also includes a discussion of the key vendors operating in this market.
- Accelrys Inc.
- Bio-Rad Laboratories Inc.
- Charles River Laboratories International Inc.
- Covance Inc.
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Other Prominent Vendors
- Entelos Inc.
- Mattek Corp.
- Molecular Toxicology Inc.
- RTI Health Solutions
- SBW Ltd.
- Smithers Group Inc.
- Xenobiotic Detection Systems Inc.
- Xenometrix AG
Key Market Driver
- Increasing Opposition to Animal Testing.
Key Market Challenge
- Concerns about Accuracy and Reliability of the Test.
Key Market Trend
- Increase in Animal-free Testing Campaigns.
Further, the report states that the accuracy and reliability of in vitro toxicity testing is one of the major challenges faced by the market vendors. In vitro toxicity testing requires proper laboratory setup as well as high-quality cell and tissue culture and good aseptic techniques.
The report recognizes the following companies as the key players in Global In-vitro Toxicity Testing Market: Accelrys Inc., Bio-Rad Laboratories Inc., Charles River Laboratories International Inc. , Covance Inc. , Entelos Inc., MattekCorp., Molecular Toxicology Inc., RTI Health Solutions, SBW Ltd., Smithers Group Inc., Xenobiotic Detection SystemsInc., Xenometrix AG.
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Segmentation of Toxicology
Exhibit 3: Global In Vitro Toxicity Testing Market Overview
Exhibit 4: Global In Vitro Toxicity Testing Market 2013-2018 (US$ million)
Exhibit 5: In Vitro Toxicity Testing Market in North America 2013-2018 (US$ million)
Exhibit 6: In Vitro Toxicity Testing Market in Europe 2013-2018 (US$ million)
Exhibit 7: Global In Vitro Toxicity Testing Market by End-user Segmentation
Exhibit 8: Global In Vitro Toxicity Testing Market by End-user Segmentation 2013
Exhibit 9: Global In Vitro Toxicity Testing market by Cosmetics and Personal-care Industry 2013-2018 (US$ million)
Exhibit 10: Global In Vitro Toxicity Testing market by Pharmaceuticals Industry 2013-2018 (US$ million)
Exhibit 11: Global In Vitro Toxicity Testing market by Chemicals Industry 2013-2018 (US$ million)
Exhibit 12: Global In Vitro Toxicity Testing market by Food Industry 2013-2018 (US$ million)
Exhibit 13: Global In Vitro Toxicity Testing Market by End-users Segmentation 2013-2018 (in percentage)
Exhibit 14: Global In Vitro Toxicity Testing Market by Geographical Segmentation 2013
Exhibit 15: In Vitro Toxicity Testing Market in the Americas 2013-2018 (US$ million)
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