Toxicology Market Report 2025 (Global Edition)

Global Toxicology Market Report 2024 Market Size Split by Technology (Cell culture technology, High throughput technology, Molecular imaging, OMICS technology), by Application (Treatment, Diagnosis), ...

Toxicology Market Report Description

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Toxicology Market Insights Video

Competitive Landscape of the Toxicology Market

The competitive landscape of the Toxicology Market is characterized by a mix of global leaders and specialized firms offering a range of testing services and technologies. Key players focus on innovation in advanced screening methodologies, regulatory compliance, and expanding their service portfolios to cater to pharmaceuticals, environmental sciences, and other industries. Technological advancements and stringent regulatory requirements drive market dynamics.

May 2023: Kardex Group commissioned Nordics, a top 3PL, to use a customized solution. In order to particularly meet the requirements, a vertical lift module, vertical carousel module, and color pick system were combined to create the solution. (Source: https://www.kardex.com/en/company/news/kardex-doubles-efficiency-with-flexible-automated-solutions-tailored-for-third-party-logistics) November 2021: Utilising artificial intelligence and machine learning algorithms, Honeywell International Inc. unveiled a new AS/RS system. The decision intelligence tool allowed the system to adapt the warehousing operation to the demands of the user. Honeywell's AI-driven AS/RS can also handle 20,000 SKU with 40% higher throughput. (Source: https://www.honeywell.com/us/en/press/2021/11/new-honeywell-warehouse-automation-technology-allows-sites-to-maximize-storage-increase-order-fulfillment)

Top Companies Market Share in Toxicology Industry: (In no particular order of Rank)

• Thermo Fisher Scientific
• Agilent Technologies
• PerkinElmer
• Inc.
• Charles River Laboratories
• Eurofins Scientific
• Covance Inc. (Labcorp Drug Development)
• Merck KGaA
• WuXi AppTec
• Bio-Rad Laboratories
• Shimadzu Corporation
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Toxicology Market

Which Region Dominates the Toxicology Market in 2024?

According to Cognitive Market Research, As of 2024, North America dominates the Toxicology Market. This region holds a significant share due to advanced healthcare infrastructure, robust pharmaceutical industry, and stringent regulatory standards emphasizing drug safety and environmental protection. The presence of major market players, research institutions, and government initiatives supporting toxicology research further bolsters market growth. Increasing investments in biotechnology and pharmaceutical R&D contribute to the region's leadership in adopting advanced toxicology testing technologies. While North America leads, regions like Europe and Asia Pacific are also expanding rapidly, driven by growing awareness and regulatory developments in toxicology testing.

Which Region is Expanding at the Fastest CAGR?

The Asia Pacific region is expanding at the fastest Compound Annual Growth Rate (CAGR) in the Toxicology Market. This growth is fueled by several factors, including rapid industrialization, increasing investments in healthcare infrastructure, and rising adoption of advanced technologies in toxicology testing. Governments across countries like China, India, and Japan are prioritizing healthcare reforms and stringent regulatory frameworks, thereby boosting demand for toxicology services. The region's expanding pharmaceutical and biotechnology sectors are driving the need for comprehensive toxicity assessments. These dynamics position Asia Pacific as a key growth hub in the global toxicology market, with substantial opportunities for market players and stakeholders alike.

 

The current report Scope analyzes Toxicology Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Toxicology

According to Cognitive Market Research, the global Toxicology market size was estimated at USD 20245.6 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 8098.24 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Toxicology market with a market size of USD 6389.51 million in 2024 and is projected to grow at a CAGR of 4.0% during the forecast period. The demand is amplified by the nation's infrastructure development, which boosts demand for modern storage solutions.
• The Canada Toxicology market had a market share of USD 971.79 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. Canada's robust consumer demand and a diverse range of applications to increased usage of Toxicology.
• The Mexico Toxicology market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 736.94 million in 2024.

Europe Toxicology

According to Cognitive Market Research, the global Toxicology market size was estimated at USD 20245.6 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 6073.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.5% from 2024 to 2031.

• The United Kingdom Toxicology market had a market share of USD 1020.38 million in 2024 and is projected to grow at a CAGR of 5.3% during the forecast period. In the UK, Toxicology sales witness an upswing due to the nation's rising labor costs and labor shortages drive automation in warehouses.
• The France Toxicology market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 558.78 million in 2024.
• According to Cognitive Market Research, the Germany Toxicology market size was valued at USD 1202.59 million in 2024 and is projected to grow at a CAGR of 4.7% during the forecast period. In Germany, Toxicology sales surged due to the expansion of e-commerce sector increases demand for ASRs.
• The Italy Toxicology market is projected to witness growth at a CAGR of 3.9% during the forecast period, with a market size of USD 522.34 million in 2024.
• The Russia Toxicology market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD 941.42 million in 2024.
• The Spain Toxicology market is projected to witness growth at a CAGR of 3.6% during the forecast period with a market size of USD 498.04 million in 2024
• The Luxembourg Toxicology market is projected to witness growth at a CAGR of 4.6% during the forecast period, with a market size of USD 188.28 million in 2024.
• The Portugal Toxicology market is projected to witness growth at a CAGR of 4.3% during the forecast period, with a market size of USD 127.55 million in 2024.
• The Greece Toxicology market is projected to witness growth at a CAGR of 4.8% during the forecast period, with a market size of USD 72.88 million in 2024.
• Rest of Europe's Toxicology market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 941.42 million in 2024.

Asia Pacific Toxicology

According to Cognitive Market Research, the global Toxicology market size was estimated at USD 20245.6 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 4656.49 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.

• According to Cognitive Market Research, the China Toxicology market size was valued at USD 2095.42 million in 2024 and is projected to grow at a CAGR of 7.5% during the forecast period. Toxicology sales surge in China due to the need for optimized supply chain operations to meet customer demands. Rapid industrialization necessitates efficient logistics solutions.
• The Japan Toxicology market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 642.60 million in 2024.
• The India Toxicology market had a market share of USD 558.78 million in 2024 and is projected to grow at a CAGR of 9.8% during the forecast period. India's government initiatives augment the demand encourage adoption of automation technologies.
• The South Korea Toxicology market is projected to witness growth at a CAGR of 7.1% during the forecast period, with a market size of USD 465.65 million in 2024.
• The Australia Toxicology market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 242.14 million in 2024.
• The South East Asia Toxicology market is projected to witness growth at a CAGR of 9.0% during the forecast period, with a market size of USD 321.30 million in 2024.
• The Rest of Asia Pacific Toxicology market is projected to witness growth at a CAGR of 7.8% during the forecast period, with a market size of USD 330.61 million in 2024.

South America Toxicology

According to Cognitive Market Research, the global Toxicology market size was estimated at USD 20245.6 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 1012.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Toxicology market size was valued at USD 433.26 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. Toxicology sales flourish in Brazil due to the rising labor costs incentivize adoption of ASRS for labor-saving.
• Argentina Toxicology market had a market share of USD 170.06 million in 2024 and is projected to grow at a CAGR of 6.3% during the forecast period. Argentina's technological advancements augment the demand to drive innovation in the logistics industry.
• Colombia Toxicology market is projected to witness growth at a CAGR of 5.2% during the forecast period with a market size of USD 90.09 million in 2024.
• Peru Toxicology market is projected to witness growth at a CAGR of 5.6% during the forecast period with a market size of USD 83.01 million in 2024.
• Chile Toxicology market is projected to witness growth at a CAGR of 5.7% during the forecast period with a market size of USD 72.88 million in 2024.
• The Rest of Latin America Toxicology market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD 162.98 million in 2024.

Middle East and Africa Toxicology

According to Cognitive Market Research, the global Toxicology market size was estimated at USD 20245.6 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 404.91 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.

• The GCC Countries Toxicology market is projected to witness growth at a CAGR of 6.5% during the forecast period with a market size of USD 173.30 million in 2024. Toxicology sales flourish due to the growing e-commerce sector's demand efficient warehouse solutions.
• The Egypt Toxicology market is projected to witness growth at a CAGR of 6.0% during the forecast period, with a market size of USD 42.52 million in 2024.
• The South Africa Toxicology market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 63.98 million in 2024. Toxicology sales flourish in South Africa due to the focus on automation to enhance productivity and competitiveness.
• The Turkey Toxicology market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 34.82 million in 2024.
• The Nigeria Toxicology market is projected to witness growth at a CAGR of 4.8% during the forecast period, with a market size of USD 42.52 million in 2024.
• The Rest of MEA Toxicology market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 47.78 million in 2024.

Toxicology Market Analysis

Toxicology Market Technology Segment Analysis

According to Cognitive Market Research, Cell culture technology remains a cornerstone in toxicology, involving the cultivation of cells in controlled environments to study their response to various substances. This segment holds a significant share due to its established use in toxicity testing for pharmaceuticals, chemicals, and environmental assessments. It enables researchers to simulate biological conditions and evaluate cellular responses, which are crucial for understanding toxicity mechanisms. The largest segment benefits from continuous advancements in cell culture techniques and automation, enhancing throughput and accuracy in toxicological studies.

High throughput technology is the fastest-growing segment in toxicology, driven by its ability to screen large volumes of compounds for toxicity rapidly. This technology leverages automation and robotics to conduct multiple tests simultaneously, significantly speeding up the evaluation process. It caters to the pharmaceutical industry's increasing demand for efficient drug screening and toxicity assessments. The rapid adoption of high throughput screening platforms and advancements in assay methodologies are fueling its growth, making it indispensable for accelerating drug discovery and safety evaluation processes.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Toxicology Industry. Request a Free Sample PDF!

Toxicology Market Category Segment Analysis

According to Cognitive Market Research, Pharmaceutical applications constitute a significant portion of the Toxicology Market. This segment involves the evaluation of potential risks and safety profiles of new drug candidates through rigorous toxicity testing. It encompasses a range of technologies, including high throughput screening and molecular imaging, to ensure compliance with regulatory standards and mitigate adverse effects. The pharmaceutical segment benefits from increasing investments in drug development and regulatory emphasis on drug safety, driving demand for advanced toxicology solutions.

Environmental Toxicology is the fastest-growing segment, driven by rising awareness of environmental health hazards and regulatory requirements for assessing chemical safety and ecological impact. This segment includes testing for pollutants, pesticides, and industrial chemicals to ensure environmental sustainability and human safety. The adoption of advanced technologies like omics-based approaches and predictive toxicology models further accelerates growth in this segment, catering to industries focusing on environmental stewardship and regulatory compliance.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Toxicology End Use Segment Analysis

End Use Segment Analysis

According to Cognitive Market Research, The Clinical & Pharmaceutical segment of the Toxicology Market encompasses the largest share due to its critical role in drug development and safety assessment. Pharmaceutical companies extensively utilize toxicology testing to evaluate potential risks associated with new drug candidates, ensuring regulatory compliance and patient safety. This segment benefits from continuous advancements in high throughput screening and molecular imaging technologies, enhancing efficiency and accuracy in toxicity assessments. As pharmaceutical R&D intensifies globally, fueled by increasing chronic diseases and aging populations, the demand for toxicology services in this segment remains robust.

The Forensics segment is the fastest-growing segment in the Toxicology Market, driven by rising applications in criminal investigations, workplace drug testing, and forensic toxicology research. Technological advancements in forensic toxicology, including the use of advanced analytical techniques like mass spectrometry and chromatography, are enhancing the capabilities to detect and analyze trace substances. Additionally, stringent regulations and protocols governing drug use in various industries, such as transportation and law enforcement, further stimulate demand for toxicology services within this segment. The growing awareness of forensic toxicology's role in legal proceedings and public safety initiatives also contributes to its accelerated growth.

• Clinical & Pharmaceutical
• Forensics
• Veterinary
• Others

Author's Detail

Manjiri Kanhere

Senior Research Associate at Cognitive Market Research

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Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over 3+ years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies. Her expertise lies in the ability to analyze complex data sets and deliver insights that drive business decisions. At Cognitive Market Research, she handles the market research related to Pharma and healthcare industry.

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