Australia Ecotoxicological Studies Market Size & Outlook
Australia ecotoxicological studies market, 2018-2030 (US$M)
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Australia ecotoxicological studies market highlights
- The Australia ecotoxicological studies market generated a revenue of USD 23.0 million in 2023 and is expected to reach USD 30.1 million by 2030.
- The Australia market is expected to grow at a CAGR of 3.9% from 2024 to 2030.
- In terms of segment, aquatic ecotoxicology was the largest revenue generating service type in 2023.
- Sediment Ecotoxicology is the most lucrative service type segment registering the fastest growth during the forecast period.
Ecotoxicological studies market data book summary
| Market revenue in 2023 | USD 23.0 million |
| Market revenue in 2030 | USD 30.1 million |
| Growth rate | 3.9% (CAGR from 2023 to 2030) |
| Largest segment | Aquatic ecotoxicology |
| Fastest growing segment | Sediment Ecotoxicology |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Aquatic Ecotoxicology, Sediment Ecotoxicology, Terrestrial Ecotoxicology, Avian Ecotoxicology, Pollinator Testing |
| Key market players worldwide | SGS AG, Labcorp Holdings Inc, Charles River Laboratories International Inc, Eurofins Scientific SE, Smithers Quality & Certification, Aragen, Fera Science Ltd |
Other key industry trends
- In terms of revenue, Australia accounted for 2.1% of the global ecotoxicological studies market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China ecotoxicological studies market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 118.1 million by 2030.
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Ecotoxicological Studies Market Scope
Ecotoxicological Studies Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia ecotoxicological studies market outlook
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 ecotoxicological studies market will help companies and investors design strategic landscapes.
Aquatic ecotoxicology was the largest segment with a revenue share of 43.04% in 2023. Horizon Databook has segmented the Australia ecotoxicological studies market based on aquatic ecotoxicology, sediment ecotoxicology, terrestrial ecotoxicology, avian ecotoxicology, pollinator testing covering the revenue growth of each sub-segment from 2018 to 2030.
The National Industrial Chemicals Notification and Assessment Scheme (NICNAS) regulates industrial chemicals in Australia. It helps protect the environment and human health from harmful effects of chemicals.
The NICNAS promotes risk assessments and safety information on widely available chemicals and provides recommendations for their safe use. In May 2015, the Australian Government declared its intention to implement reforms on how industrial chemicals are regulated.
The reforms are projected to simplify the assessment process of industrial chemicals to reduce the regulatory burden and to make the regulatory effort more proportionate to the risk. The Parliament passed the Industrial Chemicals Act and receiver Royal Assent in March 2019, which created a novel framework for the regulation of manufactured or imported industrial chemicals.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia ecotoxicological studies market, including forecasts for subscribers. This country databook contains high-level insights into Australia ecotoxicological studies market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia ecotoxicological studies market size, by service type, 2018-2030 (US$M)
Australia Ecotoxicological Studies Market Share, 2023 & 2030 (US$M)
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