The Increasing Investment in Research is propelling the Growth of the Toxicology Market in the APAC Region!
- Himanshu Patni
- July 13, 2023
- HEALTHCARE, NEWS
- Toxicology Market, Toxicology Market Growth, Toxicology Market Share, Toxicology Market Size
- 0 Comments
The Asia Pacific toxicology market is a rapidly growing sector in the healthcare industry that involves the study of toxins and their effects on living organisms in the Asia Pacific region. The Asia Pacific toxicology market is expected to witness significant growth during the forecast period due to factors such as increasing awareness about toxic substances, rising efforts on clinical research to study the effects of drug-related toxins, and public health and increasing investment in research and development activities in the region. For instance, The University of Geneva, Switzerland, Jawaharlal Institute of Postgraduate Medical Education & Research, and All India Institute of Medical Sciences, New Delhi are conducting Pharmacogenomic Association Study in Indian Children With Acute Lymphoblastic Leukemia (MPGx-INDALL). The primary aim is to investigate genetic predisposition (static germline variants) to early chemotherapy treatment-related toxicities (TRTs).
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Further, the Asia-Pacific Toxicology Market is expected to grow at a strong CAGR of 8% during the forecast period (2022-2030). The increasing industrial pollution in the region, along with the rising governmental concerns to the rising pollution.
Based on application, the market is segmented into treatment and diagnosis. As per our analysis, the treatment segment is expected to grow at a considerable rate during the forecast period. Treatment may involve the use of antidotes, activated charcoal, and other medications to neutralize the toxic effects of the substance and support vital bodily functions. The increasing environmental pollution and the high availability of toxic substances in food items attributes to the growth of the segment.
Based on the end-use, the market is segmented into clinical & pharmaceutical, forensics, veterinary, and others. As per our analysis, the clinical & pharmaceutical segment held the dominant share in 2021. Clinical and pharmaceutical toxicology includes a wide range of products and services that are used in drug development and toxicity testing. The increasing focus on drug development and its safety is the major attributing factor for the major share of the clinical & pharmaceutical segment.
For a detailed analysis of Global Toxicology Market browse through – https://univdatos.com/report/toxicology-market/
Global Toxicology Market Segmentation
Market Insight, by Application
· Treatment
o Emesis
o Gastric Lavage
o Activated Charcoal
o Antidotes
o Others
· Diagnosis
o In Vivo
o In Vitro
o In Silico
Market Insight, by End-Use
· Clinical & pharmaceutical
· Forensics
· Veternary
· Others
Market Insight, by Region
· North America
o U.S.
o Canada
o Rest of North America
· Europe
o Germany
o UK
o France
o Italy
o Spain
o Rest of Europe
· APAC
o China
o Japan
o India
o Rest of APAC
· Rest of the World
Top Company Profiles
· Thermo Fisher Scientific Inc.
· Labcorp Drug Development
· Quest Diagnostics Incorporated.
· Abbott
· Bio-Rad Laboratories, Inc.
· IDEXX Laboratories, Inc
· Neogen Corporation.
· Charles River Laboratories
· Agilent Technologies, Inc.
· PerkinElmer Inc.
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