Research and Markets: Global ADME-Toxicology Testing Market 2015-2019 – Demand from Biotechnology and Pharmaceutical Companies
July 1, 2015 | By Business Wire News
DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/d5crqd/global) has announced the addition of the “Global ADME-Toxicology Testing Market 2015-2019” report to their offering.
The global ADME-toxicology testing market to grow at a CAGR of 10.65% over the period 2014-2019.
ADME-toxicology testing is the evaluation of the metabolism of a drug molecule and its toxicity in an organism. ADME describes the pharmacological changes of a drug inside a living organism. These studies are traditionally carried out in vivo or in vitro in a controlled laboratory environment.
The emergence of cell-based assays in the drug development process has enabled drug manufacturers to use the right technology in conducting ADME-toxicology testing and reduce the duration of the drug approval process.
According to the report, the increase in demand for various toxicology testing procedures from biotechnology and pharmaceutical companies is one of the major drivers of the market. These tests help evaluate the safety profile of a drug, thus reducing the duration of the drug approval process.
Further, the report states that the high cost of the test is a major challenge hindering market growth.
To calculate the market size, revenue generated from the sales of products (instruments, assays systems, software solutions, and reagents) used in the following ADME-toxicology testing technologies:
- In vivo: test performed inside a living organism for drug evaluation
- In vitro: test performed in a laboratory (outside of a living cell)
Key Vendors
- Accelrys (Dassault Systemes)
- Agilent Technologies
- Bio-Rad Laboratories
- Promega
- Sigma Aldrich
- Thermo Fisher Scientific
Other Prominent Vendors
- Cyprtorex
- CytoPulse
- Entelos
- LI-COR Biosciences
- Mattek
- Miltenyi Biotec
- Molecular Toxicology
- Quintiles
- RTI Health Solutions
- SBW
- Xenobiotic Detection Systems
- Xenometrix
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- ADME-Toxicology Testing
- Market Segmentation by Technology
- Global In vivo Technology Market
- Global In vitro Technology Market
- Geographical Segmentation
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/d5crqd/global
View source version on businesswire.com: http://www.businesswire.com/news/home/20150701005944/en/
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