World Toxicology Services Market to Reach USD 14.343 Bn to 2025, States IQ4I in Its New Report Available at MarketPublishers.com28 Nov 2017 • by Natalie Aster
LONDON – The worldwide toxicology services market is anticipated to observe a high single-digit CAGR to amount to USD 14.343 billion by 2025. The market is being driven by mandatory toxicology testing in different industries like pharma, agriculture, chemical and environmental; fast-paced technology advances, a hike in the demand for crop protection, among others.
Growing trends in outsourcing the toxicology research services and an increase in the failures of drugs in end stage clinical trials are opening up newer opportunities for the market to expand and grow. Meantime, opposition to animal in vivo experimentation and increased financing of drug repurposing are constraining the market growth.
Region-wise, the North America region captures the majority share of the world market, with Europe following after. APAC is likely to witness the fastest CAGR in the foreseeable future.
New cutting-edge report “Toxicology Services Global Market – Forecast To 2025” elaborated by IQ4I Research & Consultancy provides true, comprehensive assessment of the market from a global perspective.
The study provides granular market classification by method, industry, endpoint tests, and includes a regional market analysis. It examines the drivers and opportunities, restraints and threats; sheds light on the regulatory affairs; includes a detailed market share analysis.
The report casts light on the company developments, covering M&As, partnerships and agreements, new service launches, etc. The study canvasses the competitive scene and includes profiles of the top 10 companies. It also speculates on the market’s future evolution in the foreseeable future.
More cutting-edge reports by the publisher can be found in IQ4I Research & Consultancy catalogue at MarketPublishers.com.