Market revenue in 2023 | USD 28.0 million |
Market revenue in 2030 | USD 33.4 million |
Growth rate | 2.5% (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 |
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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 ecotoxicological studies market will help companies and investors design strategic landscapes.
Aquatic ecotoxicology was the largest segment with a revenue share of 43.93% in 2023. Horizon Databook has segmented the South Africa 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.
South Africa’s ecotoxicology studies market is expected to witness considerable growth owing to the country’s growing pharmaceutical industry. It is the largest market for pharmaceuticals in sub-Saharan Africa and has one of the most developed infrastructure facilities, with the presence of a significant number of life sciences companies.
Currently, the Medicines Control Council (MCC) is the primary regulatory agency in this region and one of the major challenges is securing regulatory approvals. The 2015 Amendment has made a provision for the replacement of MCC by the South African Health Product Regulatory Agency (SAHPRA), which handles regulatory approval processes related to the life sciences sector.
This is expected to accelerate the regulatory approval process and propel the growth of ecotoxicology studies market in the country. Growing industrialization in South Africa has improved awareness among the people about environmental degradation and pollution.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa ecotoxicological studies market, including forecasts for subscribers. This country databook contains high-level insights into South Africa ecotoxicological studies market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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