Middle East and Africa In-vitro Toxicology Testing Market Projected to reach $3.41 billion by 2021

According to the report the Middle East and Africa In-vitro Toxicology Testing Market, published by Market Data Forecast, the market is projected to reach USD 3.41 billion by 2021, at a CAGR of 15.91% from 2016 to 2021.

Cultured mammalian cells or bacteria produce various chemical substances. The toxic effects of these chemicals are scientifically analyzed using In-vitro toxicology testing. Toxicity testing is very essential in drug discovery to identify the toxic effects of new compounds in the early stages. Early detection of toxic effects helps reduce the time and cost during drug development.

Predictive in-vitro toxicology is the highly useful in biopharmaceutical research. This will help improve the quality and quantity of drugs entering clinical studies. It is of major use in the identification of mechanisms of a drug that might cause adverse reactions in the future.

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Middle East and Africa In-vitro Toxicology Testing Market: Drivers and Restraints

Availability of different analytical methods in bioinformatics & biotechnology, presence of favorable regulatory authorities for toxicology testing, Increasing demand for advanced technologies and increasing government funding for research in cell culture are driving the growth of the market. Huge opposition for animal testing is also major cause for the increase of demand for in-vitro toxicology testing. However, absence of proper accessibility of advanced toxicology testing technologies, very few technical experts, and lack of infrastructure & outdated facilities in health sector are restraining the growth of in-vitro toxicology testing market in Middle East & Africa.

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Middle East and Africa In-vitro Toxicology Testing Market: Segmentation

By Product
• Assays
• Reagents & Lab ware
• Services

By Type
• ADME (Absorption, Distribution, Metabolism, and Excretion)
• Dose
• Toxic Substance

By Toxicity Endpoints & Tests
• Systemic Toxicity
• Dermal Toxicity
• Carcinogenicity
• Ocular Toxicity
• Skin Sensitization & Irritation
• Genotoxicity
• Neurotoxicity
• Organ Toxicity
• Other Toxicity Endpoints & Tests

By Technology
• OMICS Technologies
• Cell Culture Technology
• High-Throughput Technologies
• Molecular Imaging Technologies

By Method
• In-Silico Methods
• Biochemical Assays
• Cellular Assays
• Ex-Vivo Models

By Industry
• Cosmetics and Household Products
• Diagnostics
• Pharmaceuticals
• Food Industry
• Chemicals

From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization.

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Middle East and Africa In-vitro Toxicology Testing Market: Overview
Increasing prevalence of diseases all over the world has increased the demand for new drug launches and hence investments on research and development have increased. With increase in research to discover new drugs compounds and restrictions on animal testing, in-vitro toxicology testing market has boomed. The toxic effects of new compounds are to be tested at the early stage of the compound so as to save time and cost for the drug development. Toxic testing is essential for new drugs so that they do not cause adverse side effects in the future. Increasing government funding in research and development and availability of advanced technologies in the research laboratories are responsible to drive the in-vitro toxicology testing market. Lack of proper toxicology testing equipment and technically sound experts are some of the factors restraining the market.

Middle East and Africa In-vitro Toxicology Testing Market: Region-wise Outlook
On the basis of geographical area, Middle East & Africa in-vitro toxicology testing market is segmented as Middle East and Africa. The growth rate of in-vitro toxicology testing market is slow in this region due to the constant warfare and unstable governments. However, developing countries like South Africa has present many opportunities for the growth of in-vitro toxicology testing market.

Key Questions Answered
● What is the current and future In-vitro Toxicology Testing market outlook in Middle East and Africa? What trends are affecting the Middle East and African market?
● What is the competitive landscape and market share of major players in the In-vitro Toxicology Testing market in Middle East and Africa?
● What are the key market segments that currently occupy the highest market share? Which market segments are growing the fastest?
● What challenges are restraining the growth of the In-vitro Toxicology Testing market? How will emerging technologies answer these challenges?
● What is Researcher perception and market outlook of In-vitro Toxicology Testing?

Middle East and Africa In-vitro Toxicology Testing Market: Key Players
The key players in in-vitro toxicology testing market include, Covance, Inc. (A subsidiary of LabCorp) (U.S.), Agilent Technologies, Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Eurofins Scientific SE (Luxembourg), General Electric Company (U.S.), BioReliance, Inc. (A subsidiary of Merck & Co, Inc.) (U.S.), Charles River Laboratories International, Inc. (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Catalent (U.S.), and Cyprotex (U.K.), among others.

Reasons to buy Middle East and Africa In-vitro Toxicology Testing Market Report:

• Regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
• Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
• A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

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