04 September 2019
Visiongain has launched a new pharma report ADME Toxicology Testing Market Forecast : By Technology (Cell Culture, OMICS Tech), By Application (Systemic Toxicity, Renal Toxicity), By Method, By Region, And Segment Forecasts
The global ADME Toxicology Testing market is poised for rapid growth between 2019 and 2029. An increasing number of drug molecules has failed in the final stages of clinical trials, resulting in precious time loss and investments in drug discovery and development. This has led to greater investments in the discovery of new technologies for toxicity testing, which is destined to strengthen the market over the next decade.
ADME toxicology tests are now conducted during the design and development of drugs to prevent any late-stage failure and to ensure a systematic assessment to prevent the potential loss of a molecule or investment. Most companies follow GLP and non-GLP testing procedures to meet regulatory standards.
With the growing need for new therapies for a number of conditions, it is likely that almost all technology segments will present profitable opportunities in the forecast period. The analysis of the processed and screened data is the most important step and must be managed precisely for the required results. Recent trends have seen the development of software and chemical libraries that can help establish the best standards and the communication of results.
The leading companies in the report include Accelrys Inc.; Agilent Technologies, Inc.; Albany Molecular Research Inc.; Beckman Coulter Inc.; Catalent Inc.; Charles River Laboratories International Inc.; AbbVie; Actelion Pharmaceuticals; Amgen; Biocon; BioMarin; Boehringer Ingelheim; Bristol-Myers Squibb; Cipla; and CymaBay Therapeutics.
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to email@example.com or call her on +44 (0) 207 336 6100.
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.
Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.
The increasing rates of patent expiry lead to a counter-strategy of switching companies from Rx to OTC. In the US, according to the Consumer Healthcare Products Association, approximately 106 ingredients and dosage strengths have undergone a change from Rx to OTC to around 700 OTC products on the market.
23 September 2020
. The growth of this market is majorly driven by increasing sales of temperature sensitive pharmaceutical products, longer life expectancy and rising geriatric population are some of the prominent factors.
16 September 2020
Visiongain forecasts a continuing growth in global market, submarket and product sales as human vaccines drive pharmaceutical business sales. New key players and technological progress will enter the industry, leading to an increase in the market size of the world market for human vaccines in general.
14 September 2020
The global ophthalmic ultrasound systems market is driven by factors such as the increasing prevalence of ocular disorders and diseases, adoption of novel ophthalmic technologies, rising focus on research & development, and growing health awareness amongst the population.