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Key players in the market are leveraging innovative technologies to develop advanced testing methodologies. They are continuously expanding their product portfolios and investing in R&D activities to meet the evolving demands of regulatory compliance and customer needs.
Eurofins Scientific, Evotec S.E., Catalent, Inc., Laboratory Corporation of America Holdings, Merck KGaA, Quest Diagnostics Incorporated, SGS Societe Generale de Surveillance SA, and Thermo Fisher Scientific Inc., are some of the major in-vitro toxicology testing companies worldwide.
North America in-vitro toxicology testing industry recorded over USD 857 million in 2023 and is expected to register 7.8% CAGR from 2024-2032 due to growing emphasis on environmental awareness and personalized medicine in the region.
In-vitro toxicology testing industry from the consumables segment is expected to register 7.8% CAGR from 2024-2032 due to continuous advancements and innovations in consumables, facilitating accurate and reliable toxicological assessments.
In-vitro toxicology testing market size was USD 1.8 billion in 2023 and is expected to register 7.7% CAGR from 2024-2032 owing to the rising collaboration and partnerships for driving innovation and growth worldwide.