The Latin America, Middle East and Africa Toxicity Testing Outsourcing Market would witness market growth of 10.6% CAGR during the forecast period (2022-2028).
As biologics address complicated illnesses, there has been a noticeable rise in demand for them. A rise in medical expenditure is also seen throughout the world to assist toxicity testing. The biopharmaceutical industry is making significant investments, working harder to procure better technologies, and exhibiting increased optimism.
Toxicology testing was one of the most often outsourced operations among the 26 domains examined, according to a survey. The complexity of development and research is likewise increasing. Pharmaceutical and biopharmaceutical companies work in contexts that are getting harder to understand.
The development of new therapies such as biologics, genetically targeted therapies, stem cell therapies, as well as other treatment modalities, along with advancements in many therapy categories, have led to more complex regulation and development processes. Toxicology testing is required at every stage of treatment development in order to provide a safe and effective product, which is driving the market's expansion.
The development of structure-based drug designs, increased funding for life sciences research, expanding government and university involvement in proteomics research and genomics, and the growing adoption of cutting-edge technologies all contribute to the rise in share. The Middle Eastern government cites a number of variables for the rise of toxicity testing mechanisms in the region. These variables include strict regulation overseeing product safety evaluations, major research and development budgets, the presence of prominent toxicity testing CROs in the region, and strong consumer understanding regarding product safety.
The Brazil market dominated the LAMEA Toxicity Testing Outsourcing Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $69.5 million by 2028.The Argentina market is experiencing a CAGR of 11.1% during (2022 - 2028). Additionally, The UAE market would showcase a CAGR of 10.2% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Toxicity Testing Outsourcing Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Toxicity Testing Outsourcing Market, by End Use
1.4.2 LAMEA Toxicity Testing Outsourcing Market, by Method
1.4.3 LAMEA Toxicity Testing Outsourcing Market, by GLP
1.4.4 LAMEA 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. LAMEA Toxicity Testing Outsourcing Market by End Use
3.1 LAMEA Pharmaceutical & Biopharmaceutical Companies Market by Country
3.2 LAMEA Academic & Research Institutes Market by Country
3.3 LAMEA Others Market by Country
Chapter 4. LAMEA Toxicity Testing Outsourcing Market by Method
4.1 LAMEA In Vitro Market by Country
4.2 LAMEA In Vivo Market by Country
Chapter 5. LAMEA Toxicity Testing Outsourcing Market by GLP
5.1 LAMEA GLP Market by Country
5.2 LAMEA Non-GLP Market by Country
Chapter 6. LAMEA Toxicity Testing Outsourcing Market by Country
6.1 Brazil Toxicity Testing Outsourcing Market
6.1.1 Brazil Toxicity Testing Outsourcing Market by End Use
6.1.2 Brazil Toxicity Testing Outsourcing Market by Method
6.1.3 Brazil Toxicity Testing Outsourcing Market by GLP
6.2 Argentina Toxicity Testing Outsourcing Market
6.2.1 Argentina Toxicity Testing Outsourcing Market by End Use
6.2.2 Argentina Toxicity Testing Outsourcing Market by Method
6.2.3 Argentina Toxicity Testing Outsourcing Market by GLP
6.3 UAE Toxicity Testing Outsourcing Market
6.3.1 UAE Toxicity Testing Outsourcing Market by End Use
6.3.2 UAE Toxicity Testing Outsourcing Market by Method
6.3.3 UAE Toxicity Testing Outsourcing Market by GLP
6.4 Saudi Arabia Toxicity Testing Outsourcing Market
6.4.1 Saudi Arabia Toxicity Testing Outsourcing Market by End Use
6.4.2 Saudi Arabia Toxicity Testing Outsourcing Market by Method
6.4.3 Saudi Arabia Toxicity Testing Outsourcing Market by GLP
6.5 South Africa Toxicity Testing Outsourcing Market
6.5.1 South Africa Toxicity Testing Outsourcing Market by End Use
6.5.2 South Africa Toxicity Testing Outsourcing Market by Method
6.5.3 South Africa Toxicity Testing Outsourcing Market by GLP
6.6 Nigeria Toxicity Testing Outsourcing Market
6.6.1 Nigeria Toxicity Testing Outsourcing Market by End Use
6.6.2 Nigeria Toxicity Testing Outsourcing Market by Method
6.6.3 Nigeria Toxicity Testing Outsourcing Market by GLP
6.7 Rest of LAMEA Toxicity Testing Outsourcing Market
6.7.1 Rest of LAMEA Toxicity Testing Outsourcing Market by End Use
6.7.2 Rest of LAMEA Toxicity Testing Outsourcing Market by Method
6.7.3 Rest of LAMEA 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 LAMEA Toxicity Testing Outsourcing Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Toxicity Testing Outsourcing Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Toxicity Testing Outsourcing Market by End Use, 2018 - 2021, USD Million
TABLE 4 LAMEA Toxicity Testing Outsourcing Market by End Use, 2022 - 2028, USD Million
TABLE 5 LAMEA Pharmaceutical & Biopharmaceutical Companies Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Pharmaceutical & Biopharmaceutical Companies Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Academic & Research Institutes Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Academic & Research Institutes Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Toxicity Testing Outsourcing Market by Method, 2018 - 2021, USD Million
TABLE 12 LAMEA Toxicity Testing Outsourcing Market by Method, 2022 - 2028, USD Million
TABLE 13 LAMEA In Vitro Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA In Vitro Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA In Vivo Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA In Vivo Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Toxicity Testing Outsourcing Market by GLP, 2018 - 2021, USD Million
TABLE 18 LAMEA Toxicity Testing Outsourcing Market by GLP, 2022 - 2028, USD Million
TABLE 19 LAMEA GLP Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA GLP Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Non-GLP Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Non-GLP Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Toxicity Testing Outsourcing Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Toxicity Testing Outsourcing Market by Country, 2022 - 2028, USD Million
TABLE 25 Brazil Toxicity Testing Outsourcing Market, 2018 - 2021, USD Million
TABLE 26 Brazil Toxicity Testing Outsourcing Market, 2022 - 2028, USD Million
TABLE 27 Brazil Toxicity Testing Outsourcing Market by End Use, 2018 - 2021, USD Million
TABLE 28 Brazil Toxicity Testing Outsourcing Market by End Use, 2022 - 2028, USD Million
TABLE 29 Brazil Toxicity Testing Outsourcing Market by Method, 2018 - 2021, USD Million
TABLE 30 Brazil Toxicity Testing Outsourcing Market by Method, 2022 - 2028, USD Million
TABLE 31 Brazil Toxicity Testing Outsourcing Market by GLP, 2018 - 2021, USD Million
TABLE 32 Brazil Toxicity Testing Outsourcing Market by GLP, 2022 - 2028, USD Million
TABLE 33 Argentina Toxicity Testing Outsourcing Market, 2018 - 2021, USD Million
TABLE 34 Argentina Toxicity Testing Outsourcing Market, 2022 - 2028, USD Million
TABLE 35 Argentina Toxicity Testing Outsourcing Market by End Use, 2018 - 2021, USD Million
TABLE 36 Argentina Toxicity Testing Outsourcing Market by End Use, 2022 - 2028, USD Million
TABLE 37 Argentina Toxicity Testing Outsourcing Market by Method, 2018 - 2021, USD Million
TABLE 38 Argentina Toxicity Testing Outsourcing Market by Method, 2022 - 2028, USD Million
TABLE 39 Argentina Toxicity Testing Outsourcing Market by GLP, 2018 - 2021, USD Million
TABLE 40 Argentina Toxicity Testing Outsourcing Market by GLP, 2022 - 2028, USD Million
TABLE 41 UAE Toxicity Testing Outsourcing Market, 2018 - 2021, USD Million
TABLE 42 UAE Toxicity Testing Outsourcing Market, 2022 - 2028, USD Million
TABLE 43 UAE Toxicity Testing Outsourcing Market by End Use, 2018 - 2021, USD Million
TABLE 44 UAE Toxicity Testing Outsourcing Market by End Use, 2022 - 2028, USD Million
TABLE 45 UAE Toxicity Testing Outsourcing Market by Method, 2018 - 2021, USD Million
TABLE 46 UAE Toxicity Testing Outsourcing Market by Method, 2022 - 2028, USD Million
TABLE 47 UAE Toxicity Testing Outsourcing Market by GLP, 2018 - 2021, USD Million
TABLE 48 UAE Toxicity Testing Outsourcing Market by GLP, 2022 - 2028, USD Million
TABLE 49 Saudi Arabia Toxicity Testing Outsourcing Market, 2018 - 2021, USD Million
TABLE 50 Saudi Arabia Toxicity Testing Outsourcing Market, 2022 - 2028, USD Million
TABLE 51 Saudi Arabia Toxicity Testing Outsourcing Market by End Use, 2018 - 2021, USD Million
TABLE 52 Saudi Arabia Toxicity Testing Outsourcing Market by End Use, 2022 - 2028, USD Million
TABLE 53 Saudi Arabia Toxicity Testing Outsourcing Market by Method, 2018 - 2021, USD Million
TABLE 54 Saudi Arabia Toxicity Testing Outsourcing Market by Method, 2022 - 2028, USD Million
TABLE 55 Saudi Arabia Toxicity Testing Outsourcing Market by GLP, 2018 - 2021, USD Million
TABLE 56 Saudi Arabia Toxicity Testing Outsourcing Market by GLP, 2022 - 2028, USD Million
TABLE 57 South Africa Toxicity Testing Outsourcing Market, 2018 - 2021, USD Million
TABLE 58 South Africa Toxicity Testing Outsourcing Market, 2022 - 2028, USD Million
TABLE 59 South Africa Toxicity Testing Outsourcing Market by End Use, 2018 - 2021, USD Million
TABLE 60 South Africa Toxicity Testing Outsourcing Market by End Use, 2022 - 2028, USD Million
TABLE 61 South Africa Toxicity Testing Outsourcing Market by Method, 2018 - 2021, USD Million
TABLE 62 South Africa Toxicity Testing Outsourcing Market by Method, 2022 - 2028, USD Million
TABLE 63 South Africa Toxicity Testing Outsourcing Market by GLP, 2018 - 2021, USD Million
TABLE 64 South Africa Toxicity Testing Outsourcing Market by GLP, 2022 - 2028, USD Million
TABLE 65 Nigeria Toxicity Testing Outsourcing Market, 2018 - 2021, USD Million
TABLE 66 Nigeria Toxicity Testing Outsourcing Market, 2022 - 2028, USD Million
TABLE 67 Nigeria Toxicity Testing Outsourcing Market by End Use, 2018 - 2021, USD Million
TABLE 68 Nigeria Toxicity Testing Outsourcing Market by End Use, 2022 - 2028, USD Million
TABLE 69 Nigeria Toxicity Testing Outsourcing Market by Method, 2018 - 2021, USD Million
TABLE 70 Nigeria Toxicity Testing Outsourcing Market by Method, 2022 - 2028, USD Million
TABLE 71 Nigeria Toxicity Testing Outsourcing Market by GLP, 2018 - 2021, USD Million
TABLE 72 Nigeria Toxicity Testing Outsourcing Market by GLP, 2022 - 2028, USD Million
TABLE 73 Rest of LAMEA Toxicity Testing Outsourcing Market, 2018 - 2021, USD Million
TABLE 74 Rest of LAMEA Toxicity Testing Outsourcing Market, 2022 - 2028, USD Million
TABLE 75 Rest of LAMEA Toxicity Testing Outsourcing Market by End Use, 2018 - 2021, USD Million
TABLE 76 Rest of LAMEA Toxicity Testing Outsourcing Market by End Use, 2022 - 2028, USD Million
TABLE 77 Rest of LAMEA Toxicity Testing Outsourcing Market by Method, 2018 - 2021, USD Million
TABLE 78 Rest of LAMEA Toxicity Testing Outsourcing Market by Method, 2022 - 2028, USD Million
TABLE 79 Rest of LAMEA Toxicity Testing Outsourcing Market by GLP, 2018 - 2021, USD Million
TABLE 80 Rest of LAMEA 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.