Market revenue in 2023 | USD 3,212.8 million |
Market revenue in 2030 | USD 6,438.5 million |
Growth rate | 10.4% (CAGR from 2023 to 2030) |
Largest segment | Cell culture tech |
Fastest growing segment | Cell Culture Tech |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Cell Culture Tech |
Key market players worldwide | Thermo Fisher Scientific Inc, Promega, Agilent Technologies Inc, Curia, Dassault Systemes SE, Beckman Coulter, Catalent Inc, Charles River Laboratories International Inc, Labcorp Drug Development, Eurofins Scientific SE, GE HealthCare Technologies Inc Common Stock, Miltenyi Biotec, IQVIA Holdings Inc |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to adme toxicology testing market will help companies and investors design strategic landscapes.
Cell culture tech was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Europe adme toxicology testing market based on cell culture tech covering the revenue growth of each sub-segment from 2018 to 2030.
This is majorly due to support from government and non-government organizations towards R&D and development of novel therapeutics. Major European countries considered within the marketspace include UK, and Germany.
Moreover, rise in focus for Optimization of ADME profiles of bio-therapeutics further propels the market growth as bio-therapeutics are in high demand within the region. For instance, demand for therapeutic proteins or bio-therapeutics to treat autoimmune and other inflammatory conditions (e.g., osteoarthritis, sepsis, and chronic viral infections) has increased within the European countries.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe adme toxicology testing market, including forecasts for subscribers. This continent databook contains high-level insights into Europe adme toxicology testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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