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Europe Early Toxicity Testing Market Research Report - Segmented By Technique, Assays, End user & Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic & Rest of Europe) - Industry Size, Share, Growth, Trends & Forecasts (2023 to 2028)

Published: March, 2023
ID: 5739
Pages: 145
Formats: report pdf report excel report power bi report ppt

Europe Early Toxicity Testing Market Size (2023 to 2028):

The size of the Europe Early Toxicity Testing Market was worth USD 215.84 million in 2023. It is further forecasted to be growing at a CAGR of 7.93% and worth USD 316.11 million by 2028.

The rise in the R&D activities towards the novel tests and the rise in the approval of new products in the cosmetics sector is expected to intensify the market growth during the forecast period. The rapid adoption of testing models such as in-vitro models is likely to drive the market further. Rising government investments in the development of novel drugs are escalating the demand of the market. High awareness about the usage of the products' safety and the growing significance of CROs caused by quality services are expected to favor the market.

However, strict rules and guidelines for the approval of novel tests and side-effects associated with the early toxicity testing are likely to hamper business growth. Shortage of knowledge regarding toxicity testing, strict government guidelines for accepting the launch of new products, and side-effects associated with the treatment hinder the business demand.

This research report on the Europe Early Toxicity Testing Market has been segmented and sub-segmented into the following categories:

By Technique: 

  • In-vitro
  • In-vivo
  • In-Silico

By Assays: 

  • Cell-Based ELISA and Western Blots
  • Enzyme Toxicity Assays
  • Receptor Binding Assays
  • Bacterial Toxicity Assays
  • Tissues Culture Assays
  • Other Assays

By End-user: 

  • Pharmaceutical
  • Food and Beverages
  • Chemical Global Industry
  • Diagnostics
  • Cosmetics
  • Others

By Country: 

  • UK
  • France
  • Spain
  • Germany
  • Italy
  • Russia
  • Sweden
  • Denmark
  • Switzerland
  • Netherlands
  • Turkey
  • Czech Republic
  • Rest of Europe

Regionally, the European market is forecasted to showcase a promising growth rate during the next 5 years. The growing acquisition rate of toxicity techniques in different industries is propelling the business market. Quick adoption of toxicity testing techniques and huge government funds in life science research sectors will likely propel the market demand.

Germany leads the market, followed by France and U.K. The market in this region is projected to grow strongly during the forecast period due to various factors such as growing awareness and favorable reimbursement policies. Having more consciousness among the people and growing demand for toxicity testing devices is projected to boost the market growth during the forecast period.

France is projected to have quick growth. The government’s favorable reimbursement schemes are impelling the market in the upcoming years.

The U.K is projected to have notable market growth over the review period. Increasing discretionary expenses and rising healthcare expenditure, and easy availability for the people are driving the market. 

Promising Companies leading the Europe Early Toxicity Testing Market Profiled in the Report are Covance, Thermo Fisher Scientific, Quest Diagnostics Corporation, Agilent Technologies, Sigma Aldrich, BD Biosciences, Bio-Rad, Gene Logic, Accelrys, and Charles River Laboratories. 

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