The Asia Pacific Toxicity Testing Outsourcing Market would witness market growth of 9.3% CAGR during the forecast period (2022-2028).
Drug discovery and regulatory approval are often time-consuming, expensive processes that can last up to ten years and may have a high cost. Preclinical trials are used to identify particular compounds that have properties suited for generating effective medications after years of work in the academic setting to identify a target and test a hypothesis.
In order to select the top candidates for further development in successive stages of research from in vivo to in vitro in animals, and eventually, in people, it is important to understand drug toxicity and efficacy. Increased biopharmaceutical research and objection to animal experimentation are the main factors that are compelling more outsourcing of tests.
Due to increased R&D expenditure by pharmaceutical and biopharmaceutical companies as well as an increase in the number of novel pharmaceuticals reaching the preclinical stage of research, the need for toxicity testing services is increasing as well. The pandemic also increased the number of research trials being done on medications, vaccinations, and medical equipment designed to treat and prevent coronavirus. The need for toxicity testing services is expected to rise as a result.
In the Asia Pacific region, increased steps have been taken by government organizations to promote the adoption of toxicity test models. Compared to Western nations, conducting clinical studies in Asia's Japan, China, and India is comparatively more affordable. Many biopharmaceutical businesses carry out their drug development processes here. Rising economies' capacities for research and development have significantly improved in this region which increases their appeal to Western businesses.
The China market dominated the Asia Pacific Toxicity Testing Outsourcing Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $364.8 million by 2028.The Japan market is estimated to grow a CAGR of 8.7% during (2022 - 2028). Additionally, The India market would exhibit a CAGR of 10% during (2022 - 2028).
Based on End Use, the market is segmented into Pharmaceutical & Biopharmaceutical Companies, Academic & Research Institutes and Others. Based on Method, the market is segmented into In Vitro and In Vivo. Based on GLP, the market is segmented into GLP and Non-GLP. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Toxicity Testing Outsourcing Market is Projected to reach USD 4.9 Billion by 2028, at a CAGR of 8.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Thermo Fisher Scientific, Inc., Eurofins Scientific Group, WuXi AppTec Co., Ltd., SGS S.A., Intertek Group PLC, Catalent, Inc., Laboratory Corporation of America Holdings, Charles River Laboratories International, Inc., ICON PLC, and Medpace Holdings, Inc.
Scope of the Study
Market Segments Covered in the Report:
By End Use
- Pharmaceutical & Biopharmaceutical Companies
- Academic & Research Institutes
- Others
By Method
By GLP
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Thermo Fisher Scientific, Inc.
- Eurofins Scientific Group
- WuXi AppTec Co., Ltd.
- SGS S.A.
- Intertek Group PLC
- Catalent, Inc.
- Laboratory Corporation of America Holdings
- Charles River Laboratories International, Inc.
- ICON PLC
- Medpace Holdings, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Toxicity Testing Outsourcing Market, by End Use
1.4.2 Asia Pacific Toxicity Testing Outsourcing Market, by Method
1.4.3 Asia Pacific Toxicity Testing Outsourcing Market, by GLP
1.4.4 Asia Pacific Toxicity Testing Outsourcing Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Toxicity Testing Outsourcing Market by End Use
3.1 Asia Pacific Pharmaceutical & Biopharmaceutical Companies Market by Country
3.2 Asia Pacific Academic & Research Institutes Market by Country
3.3 Asia Pacific Others Market by Country
Chapter 4. Asia Pacific Toxicity Testing Outsourcing Market by Method
4.1 Asia Pacific In Vitro Market by Country
4.2 Asia Pacific In Vivo Market by Country
Chapter 5. Asia Pacific Toxicity Testing Outsourcing Market by GLP
5.1 Asia Pacific GLP Market by Country
5.2 Asia Pacific Non-GLP Market by Country
Chapter 6. Asia Pacific Toxicity Testing Outsourcing Market by Country
6.1 China Toxicity Testing Outsourcing Market
6.1.1 China Toxicity Testing Outsourcing Market by End Use
6.1.2 China Toxicity Testing Outsourcing Market by Method
6.1.3 China Toxicity Testing Outsourcing Market by GLP
6.2 Japan Toxicity Testing Outsourcing Market
6.2.1 Japan Toxicity Testing Outsourcing Market by End Use
6.2.2 Japan Toxicity Testing Outsourcing Market by Method
6.2.3 Japan Toxicity Testing Outsourcing Market by GLP
6.3 India Toxicity Testing Outsourcing Market
6.3.1 India Toxicity Testing Outsourcing Market by End Use
6.3.2 India Toxicity Testing Outsourcing Market by Method
6.3.3 India Toxicity Testing Outsourcing Market by GLP
6.4 South Korea Toxicity Testing Outsourcing Market
6.4.1 South Korea Toxicity Testing Outsourcing Market by End Use
6.4.2 South Korea Toxicity Testing Outsourcing Market by Method
6.4.3 South Korea Toxicity Testing Outsourcing Market by GLP
6.5 Singapore Toxicity Testing Outsourcing Market
6.5.1 Singapore Toxicity Testing Outsourcing Market by End Use
6.5.2 Singapore Toxicity Testing Outsourcing Market by Method
6.5.3 Singapore Toxicity Testing Outsourcing Market by GLP
6.6 Malaysia Toxicity Testing Outsourcing Market
6.6.1 Malaysia Toxicity Testing Outsourcing Market by End Use
6.6.2 Malaysia Toxicity Testing Outsourcing Market by Method
6.6.3 Malaysia Toxicity Testing Outsourcing Market by GLP
6.7 Rest of Asia Pacific Toxicity Testing Outsourcing Market
6.7.1 Rest of Asia Pacific Toxicity Testing Outsourcing Market by End Use
6.7.2 Rest of Asia Pacific Toxicity Testing Outsourcing Market by Method
6.7.3 Rest of Asia Pacific Toxicity Testing Outsourcing Market by GLP
Chapter 7. Company Profiles
7.1 Thermo Fisher Scientific, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Product Launches and Product Expansions:
7.2 Eurofins Scientific Group
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Recent strategies and developments:
7.2.4.1 Acquisition and Mergers:
7.3 Charles River Laboratories International, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Recent strategies and developments:
7.3.4.1 Acquisition and Mergers:
7.4 WuXi AppTec Co., Ltd.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental Analysis
7.5 SGS S.A.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.6 Intertek Group PLC
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.7 Catalent, Inc.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Regional & Segmental Analysis
7.7.4 Research & Development Expenses
7.8 Laboratory Corporation of America Holdings
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental Analysis
7.9 ICON PLC
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Regional Analysis
7.10. Medpace Holdings, Inc.
7.10.1 Company Overview
7.10.2 Financial Analysis
TABLE 1 Asia Pacific Toxicity Testing Outsourcing Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Toxicity Testing Outsourcing Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Toxicity Testing Outsourcing Market by End Use, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Toxicity Testing Outsourcing Market by End Use, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Pharmaceutical & Biopharmaceutical Companies Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Pharmaceutical & Biopharmaceutical Companies Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Academic & Research Institutes Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Academic & Research Institutes Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Toxicity Testing Outsourcing Market by Method, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Toxicity Testing Outsourcing Market by Method, 2022 - 2028, USD Million
TABLE 13 Asia Pacific In Vitro Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific In Vitro Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific In Vivo Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific In Vivo Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Toxicity Testing Outsourcing Market by GLP, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Toxicity Testing Outsourcing Market by GLP, 2022 - 2028, USD Million
TABLE 19 Asia Pacific GLP Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific GLP Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Non-GLP Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Non-GLP Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Toxicity Testing Outsourcing Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Toxicity Testing Outsourcing Market by Country, 2022 - 2028, USD Million
TABLE 25 China Toxicity Testing Outsourcing Market, 2018 - 2021, USD Million
TABLE 26 China Toxicity Testing Outsourcing Market, 2022 - 2028, USD Million
TABLE 27 China Toxicity Testing Outsourcing Market by End Use, 2018 - 2021, USD Million
TABLE 28 China Toxicity Testing Outsourcing Market by End Use, 2022 - 2028, USD Million
TABLE 29 China Toxicity Testing Outsourcing Market by Method, 2018 - 2021, USD Million
TABLE 30 China Toxicity Testing Outsourcing Market by Method, 2022 - 2028, USD Million
TABLE 31 China Toxicity Testing Outsourcing Market by GLP, 2018 - 2021, USD Million
TABLE 32 China Toxicity Testing Outsourcing Market by GLP, 2022 - 2028, USD Million
TABLE 33 Japan Toxicity Testing Outsourcing Market, 2018 - 2021, USD Million
TABLE 34 Japan Toxicity Testing Outsourcing Market, 2022 - 2028, USD Million
TABLE 35 Japan Toxicity Testing Outsourcing Market by End Use, 2018 - 2021, USD Million
TABLE 36 Japan Toxicity Testing Outsourcing Market by End Use, 2022 - 2028, USD Million
TABLE 37 Japan Toxicity Testing Outsourcing Market by Method, 2018 - 2021, USD Million
TABLE 38 Japan Toxicity Testing Outsourcing Market by Method, 2022 - 2028, USD Million
TABLE 39 Japan Toxicity Testing Outsourcing Market by GLP, 2018 - 2021, USD Million
TABLE 40 Japan Toxicity Testing Outsourcing Market by GLP, 2022 - 2028, USD Million
TABLE 41 India Toxicity Testing Outsourcing Market, 2018 - 2021, USD Million
TABLE 42 India Toxicity Testing Outsourcing Market, 2022 - 2028, USD Million
TABLE 43 India Toxicity Testing Outsourcing Market by End Use, 2018 - 2021, USD Million
TABLE 44 India Toxicity Testing Outsourcing Market by End Use, 2022 - 2028, USD Million
TABLE 45 India Toxicity Testing Outsourcing Market by Method, 2018 - 2021, USD Million
TABLE 46 India Toxicity Testing Outsourcing Market by Method, 2022 - 2028, USD Million
TABLE 47 India Toxicity Testing Outsourcing Market by GLP, 2018 - 2021, USD Million
TABLE 48 India Toxicity Testing Outsourcing Market by GLP, 2022 - 2028, USD Million
TABLE 49 South Korea Toxicity Testing Outsourcing Market, 2018 - 2021, USD Million
TABLE 50 South Korea Toxicity Testing Outsourcing Market, 2022 - 2028, USD Million
TABLE 51 South Korea Toxicity Testing Outsourcing Market by End Use, 2018 - 2021, USD Million
TABLE 52 South Korea Toxicity Testing Outsourcing Market by End Use, 2022 - 2028, USD Million
TABLE 53 South Korea Toxicity Testing Outsourcing Market by Method, 2018 - 2021, USD Million
TABLE 54 South Korea Toxicity Testing Outsourcing Market by Method, 2022 - 2028, USD Million
TABLE 55 South Korea Toxicity Testing Outsourcing Market by GLP, 2018 - 2021, USD Million
TABLE 56 South Korea Toxicity Testing Outsourcing Market by GLP, 2022 - 2028, USD Million
TABLE 57 Singapore Toxicity Testing Outsourcing Market, 2018 - 2021, USD Million
TABLE 58 Singapore Toxicity Testing Outsourcing Market, 2022 - 2028, USD Million
TABLE 59 Singapore Toxicity Testing Outsourcing Market by End Use, 2018 - 2021, USD Million
TABLE 60 Singapore Toxicity Testing Outsourcing Market by End Use, 2022 - 2028, USD Million
TABLE 61 Singapore Toxicity Testing Outsourcing Market by Method, 2018 - 2021, USD Million
TABLE 62 Singapore Toxicity Testing Outsourcing Market by Method, 2022 - 2028, USD Million
TABLE 63 Singapore Toxicity Testing Outsourcing Market by GLP, 2018 - 2021, USD Million
TABLE 64 Singapore Toxicity Testing Outsourcing Market by GLP, 2022 - 2028, USD Million
TABLE 65 Malaysia Toxicity Testing Outsourcing Market, 2018 - 2021, USD Million
TABLE 66 Malaysia Toxicity Testing Outsourcing Market, 2022 - 2028, USD Million
TABLE 67 Malaysia Toxicity Testing Outsourcing Market by End Use, 2018 - 2021, USD Million
TABLE 68 Malaysia Toxicity Testing Outsourcing Market by End Use, 2022 - 2028, USD Million
TABLE 69 Malaysia Toxicity Testing Outsourcing Market by Method, 2018 - 2021, USD Million
TABLE 70 Malaysia Toxicity Testing Outsourcing Market by Method, 2022 - 2028, USD Million
TABLE 71 Malaysia Toxicity Testing Outsourcing Market by GLP, 2018 - 2021, USD Million
TABLE 72 Malaysia Toxicity Testing Outsourcing Market by GLP, 2022 - 2028, USD Million
TABLE 73 Rest of Asia Pacific Toxicity Testing Outsourcing Market, 2018 - 2021, USD Million
TABLE 74 Rest of Asia Pacific Toxicity Testing Outsourcing Market, 2022 - 2028, USD Million
TABLE 75 Rest of Asia Pacific Toxicity Testing Outsourcing Market by End Use, 2018 - 2021, USD Million
TABLE 76 Rest of Asia Pacific Toxicity Testing Outsourcing Market by End Use, 2022 - 2028, USD Million
TABLE 77 Rest of Asia Pacific Toxicity Testing Outsourcing Market by Method, 2018 - 2021, USD Million
TABLE 78 Rest of Asia Pacific Toxicity Testing Outsourcing Market by Method, 2022 - 2028, USD Million
TABLE 79 Rest of Asia Pacific Toxicity Testing Outsourcing Market by GLP, 2018 - 2021, USD Million
TABLE 80 Rest of Asia Pacific Toxicity Testing Outsourcing Market by GLP, 2022 - 2028, USD Million
TABLE 81 Key Information – Thermo Fisher Scientific, Inc.
TABLE 82 Key Information – Eurofins Scientific Group
TABLE 83 key information – Charles River Laboratories International, Inc.
TABLE 84 Key Information – WuXi AppTec Co., Ltd.
TABLE 85 Key Information – SGS S.A.
TABLE 86 Key Information – Intertek Group PLC
TABLE 87 Key information – CATALENT, INC.
TABLE 88 Key Information – Laboratory Corporation of America holdings
TABLE 89 Key Information – ICON PLC
TABLE 90 key Information – Medpace Holdings, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Thermo Fisher Scientific, Inc.