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Toxicology Consulting Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • January 2024
  • Region: Global
  • Lucintel
  • ID: 5929507

Toxicology Consulting Trends and Forecast

The future of the global toxicology consulting market looks promising with opportunities in the clinical & pharmaceutical, forensics, and veterinary markets. The global toxicology consulting market is expected to grow with a CAGR of 15.0% from 2024 to 2030. The major drivers for this market are raising public knowledge of the harmful effects of exposure to dangerous chemicals, progress in methods for toxicology testing, and increasing government efforts focused on mitigating the adverse effects of toxic substances on the environment and public health.

Toxicology Consulting by Segment

The study includes a forecast for the global toxicology consulting by application, end use industry, and region.

Toxicology Consulting Market by Application [Shipment Analysis by Value from 2018 to 2030]

  • Treatment
  • Diagnosis
  • Others

Toxicology Consulting Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]

  • Clinical & Pharmaceutical
  • Forensics
  • Veterinary
  • Others

Toxicology Consulting Market by Region [Shipment Analysis by Value from 2018 to 2030]

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Toxicology Consulting Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies toxicology consulting companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the toxicology consulting companies profiled in this report include-
  • Thermo Fisher Scientific
  • Labcorp Drug Development
  • Quest Diagnostics Incorporated
  • Abbott
  • Bio-Rad Laboratories
  • IDEXX Laboratories
  • Neogen
  • Charles River Laboratories
  • Agilent Technologies
  • Perkinelmer

Toxicology Consulting Market Insights

The publisher forecasts that treatment is expected to witness highest growth over the forecast period due to rising environmental pollution and the abundant presence of toxic compounds in food products.

Within this market, clinical & pharmaceutical will remain the largest segment due to growing emphasis on the development and safety of pharmaceuticals.

APAC is expected to witness highest growth over the forecast period due to significant population and the rising levels of environmental toxicity in the region.

Features of the Global Toxicology Consulting Market

  • Market Size Estimates: Toxicology consulting market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Toxicology consulting market size by application, end use industry, and region in terms of value ($B).
  • Regional Analysis: Toxicology consulting market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different application, end use industry, and regions for the toxicology consulting market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the toxicology consulting market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the growth forecast for toxicology consulting market?
Answer: The global toxicology consulting market is expected to grow with a CAGR of 15.0% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the toxicology consulting market?
Answer: The major drivers for this market are raising public knowledge of the harmful effects of exposure to dangerous chemicals, progress in methods for toxicology testing, and increasing government efforts focused on mitigating the adverse effects of toxic substances on the environment and public health.

Q3. What are the major segments for toxicology consulting market?
Answer: The future of the toxicology consulting market looks promising with opportunities in the clinical & pharmaceutical, forensics, and veterinary markets.

Q4. Who are the key toxicology consulting market companies?
Answer: Some of the key toxicology consulting companies are as follows:
  • Thermo Fisher Scientific
  • Labcorp Drug Development
  • Quest Diagnostics Incorporated
  • Abbott
  • Bio-Rad Laboratories
  • IDEXX Laboratories
  • Neogen
  • Charles River Laboratories
  • Agilent Technologies
  • Perkinelmer
Q5. Which toxicology consulting market segment will be the largest in future?
Answer: The publisher forecasts that treatment is expected to witness highest growth over the forecast period due to rising environmental pollution and the abundant presence of toxic compounds in food products.

Q6. In toxicology consulting market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to significant population and the rising levels of environmental toxicity in the region.

Q7. Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the toxicology consulting market by application (treatment, diagnosis, and others), end use industry (clinical & pharmaceutical, forensics, veterinary, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Toxicology Consulting Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Toxicology Consulting Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Toxicology Consulting Market by Application
3.3.1: Treatment
3.3.2: Diagnosis
3.3.3: Others
3.4: Global Toxicology Consulting Market by End Use Industry
3.4.1: Clinical & Pharmaceutical
3.4.2: Forensics
3.4.3: Veterinary
3.4.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Toxicology Consulting Market by Region
4.2: North American Toxicology Consulting Market
4.2.1: North American Toxicology Consulting Market by End Use Industry: Clinical & Pharmaceutical, Forensics, Veterinary, and Others
4.3: European Toxicology Consulting Market
4.3.1: European Toxicology Consulting Market by Application: Treatment, Diagnosis, and Others
4.3.2: European Toxicology Consulting Market by End Use Industry: Clinical & Pharmaceutical, Forensics, Veterinary, and Others
4.4: APAC Toxicology Consulting Market
4.4.1: APAC Toxicology Consulting Market by Application: Treatment, Diagnosis, and Others
4.4.2: APAC Toxicology Consulting Market by End Use Industry: Clinical & Pharmaceutical, Forensics, Veterinary, and Others
4.5: ROW Toxicology Consulting Market
4.5.1: ROW Toxicology Consulting Market by Application: Treatment, Diagnosis, and Others
4.5.2: ROW Toxicology Consulting Market by End Use Industry: Clinical & Pharmaceutical, Forensics, Veterinary, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Toxicology Consulting Market by Application
6.1.2: Growth Opportunities for the Global Toxicology Consulting Market by End Use Industry
6.1.3: Growth Opportunities for the Global Toxicology Consulting Market by Region
6.2: Emerging Trends in the Global Toxicology Consulting Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Toxicology Consulting Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Toxicology Consulting Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Thermo Fisher Scientific
7.2: Labcorp Drug Development
7.3: Quest Diagnostics Incorporated
7.4: Abbott
7.5: Bio-Rad Laboratories
7.6: IDEXX Laboratories
7.7: Neogen
7.8: Charles River Laboratories
7.9: Agilent Technologies
7.10: PerkinElmer

Companies Mentioned

  • Thermo Fisher Scientific
  • Labcorp Drug Development
  • Quest Diagnostics Incorporated
  • Abbott
  • Bio-Rad Laboratories
  • IDEXX Laboratories
  • Neogen

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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