Global Genetic Toxicology Testing Market Size & Outlook
Global genetic toxicology testing market, 2018-2030 (US$M)
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Global genetic toxicology testing market highlights
- The global genetic toxicology testing market generated a revenue of USD 1,437.6 million in 2023 and is expected to reach USD 2,867.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 10.4% by 2030.
- In terms of segment, services accounted for a revenue of USD 686.5 million in 2023.
- Reagents and Consumables is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,437.6 million |
| Market revenue in 2030 | USD 2,867.5 million |
| Growth rate | 10.4% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Reagents and Consumables |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Reagents and Consumables, Assays, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 41.2% of the global genetic toxicology testing market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Kuwait is the fastest growing regional market and is projected to reach USD 3.7 million by 2030.
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Genetic Toxicology Testing Market Scope
Genetic Toxicology Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global genetic toxicology testing 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 genetic toxicology testing market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 47.75% in 2023. Horizon Databook has segmented the Global genetic toxicology testing market based on reagents and consumables, assays, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Genetic Toxicology Testing Product Outlook (Revenue, USD Million, 2018-2030)
- Reagents and Consumables
- Assays
- Services
- Global Genetic Toxicology Testing Application Outlook (Revenue, USD Million, 2018-2030)
- Pharmaceutical and Biotechnology
- Food Industry
- Cosmetics Industry
- Other
- Global Genetic Toxicology Testing Type Outlook (Revenue, USD Million, 2018-2030)
- In Vitro
- In Vivo
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Target buyers of Global genetic toxicology testing market databook
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Our clientele includes a mix of genetic toxicology testing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global genetic toxicology testing market, including forecasts for subscribers. This global databook contains high-level insights into Global genetic toxicology testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global genetic toxicology testing market report size, by regions, 2018-2030 (US$M)
Top 10 countries: Genetic toxicology testing market report size, 2023 (US$M)
Global genetic toxicology testing market report share, by product, 2023 & 2030 (%, US$M)
Genetic toxicology testing market: Opportunity assessment by country
Global genetic toxicology testing market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 292.3 | 348.6 | 405.5 | 482.8 | 537.0 | 592.8 | 653.5 | 719.4 | 791.1 | 868.8 | 952.9 | 1,043.8 | 1,142.0 | 9.8% |
| Europe | 267.0 | 321.0 | 376.4 | 451.9 | 506.8 | 564.1 | 627.1 | 696.4 | 772.3 | 855.6 | 946.7 | 1,046.3 | 1,155.1 | 10.8% |
| Asia Pacific | 90.3 | 109.5 | 129.6 | 156.9 | 177.6 | 199.5 | 223.8 | 250.8 | 280.8 | 314.1 | 350.9 | 391.6 | 436.5 | 11.8% |
| Latin America | 28.7 | 33.8 | 38.8 | 45.6 | 50.0 | 54.4 | 59.1 | 64.2 | 69.5 | 75.3 | 81.3 | 87.8 | 94.6 | 8.2% |
| MEA | 16.0 | 18.4 | 20.6 | 23.6 | 25.3 | 26.9 | 28.5 | 30.2 | 31.9 | 33.7 | 35.5 | 37.4 | 39.2 | 5.6% |
| Overall | 694.3 | 831.3 | 970.9 | 1,160.9 | 1,296.7 | 1,437.6 | 1,592.0 | 1,761.0 | 1,945.7 | 2,147.4 | 2,367.3 | 2,606.8 | 2,867.5 | 10.4% |
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