Market revenue in 2023 | USD 220.6 million |
Market revenue in 2030 | USD 347.6 million |
Growth rate | 6.7% (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 Middle East & Africa adme toxicology testing market based on cell culture tech covering the revenue growth of each sub-segment from 2018 to 2030.
The growing concerns for tropical diseases, such as malaria, tuberculosis and HIV/AIDS, is anticipated to spur the investment in drug development in the region. A number of pharmacokinetics and pharmacodynamics studies are being conducted in the region to evaluate the efficacy of a drug against disease like malaria, HIV, and other bacterial infections.
For instance, in July 2013, pharmacokinetics studies for efavirenz, a medicine developed for the treatment of HIV-AIDs, was carried out in two sub-Saharan Africa populations.
Similarly, in 2015, the pharmacokinetics of a multicomponent herbal preparation was conducted in healthy African and Chinese and volunteers. These studies are expected to positively influence the uptake of methods for ADME toxicity testing in the coming years.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa adme toxicology testing market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa adme toxicology testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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