Market World In-vitro Toxicology Testing Market Analysis

In-vitro Toxicology Testing Market Analysis, Market Driving
Factors and Product Scope Forecasts To 2022
“Global In-Vitro Toxicology Testing Market size is anticipated to grow at a
CAGR of more than 10.8% over the forecast period rising predilection for
innovative technology over the traditional in-vivo tests is predicted to
promote the demand for in-vitro toxicology tests.”
Industry Insights
Global In-Vitro Toxicology Testing Market size was worth USD 20.2 billion in 2014 which is anticipated to grow
at a CAGR of more than 10.8% over the forecast period rising predilection for innovative technology over the
traditional in-vivo tests is predicted to promote the demand for in-vitro toxicology tests.
Moreover, the enhancing R&D investments in cell culture over the past decade such as hepatocytes in the drug
development pipeline which offers fresh human hepatocytes isolated from resected and whole liver tissues for
the analysis is accountable for the projected growth.
Modification in regulatory authorities for toxicology analysis using in-vitro studies as an alternative to in-vivo
studies is accountable for driving the demand in the coming years. Moreover, the presence of animal welfare
organization that deal with the replacement and reduction of animals’ application for R&D and pre-clinical tests
are accountable for the lucrative adoption of in-vitro toxicology studies amongst researchers.
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Besides the foremost concern of ethics, more disadvantages of animal testing such as high cost, the requirement
of skilled labour, and time-consuming procedure are attributive for the shift from conventional methods to