Germany In-vitro Toxicology Testing Market Size & Outlook
Germany in-vitro toxicology testing market, 2018-2030 (US$M)
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Germany in-vitro toxicology testing market highlights
- The Germany in-vitro toxicology testing market generated a revenue of USD 2,138.3 million in 2023 and is expected to reach USD 4,368.7 million by 2030.
- The Germany market is expected to grow at a CAGR of 10.7% from 2024 to 2030.
- In terms of segment, pharmaceutical industry was the largest revenue generating end user in 2023.
- Diagnostics is the most lucrative end user segment registering the fastest growth during the forecast period.
In-vitro toxicology testing market data book summary
| Market revenue in 2023 | USD 2,138.3 million |
| Market revenue in 2030 | USD 4,368.7 million |
| Growth rate | 10.7% (CAGR from 2023 to 2030) |
| Largest segment | Pharmaceutical industry |
| Fastest growing segment | Diagnostics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pharmaceutical Industry, Cosmetics And Household Products, Academic Institutes and Research Laboratories, Diagnostics, Chemicals Industry, Food Industry |
| Key market players worldwide | Charles River Laboratories International Inc, SGS, Merck KGaA, Eurofins Scientific SE, Abbott Laboratories, Labcorp Holdings Inc, Evotec SE, Thermo Fisher Scientific Inc, Quest Diagnostics Inc, Agilent Technologies Inc, Catalent Inc, Danaher Corp, Bio-Rad Laboratories Inc |
Other key industry trends
- In terms of revenue, Germany accounted for 6.9% of the global in-vitro toxicology testing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany in-vitro toxicology testing market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 3,892.8 million by 2030.
Pharmaceutical industry was the largest segment with a revenue share of 42.4% in 2023. Horizon Databook has segmented the Germany in-vitro toxicology testing market based on pharmaceutical industry, cosmetics and household products, academic institutes and research laboratories, diagnostics, chemicals industry, food industry covering the revenue growth of each sub-segment from 2018 to 2030.
The Germany market is driven by an increase in the contract manufacturing of drugs, high demand for novel approaches for establishing safety profiles of drug testing, and accessibility to 3D cellular toxicology models. The market is also benefitting from ongoing R&D in the field of drug discovery.
Furthermore, interventions and conferences being undertaken in the country are boosting the adoption of in vitro toxicology testing methods. For instance, in October 2018, the 20th International Congress on In Vitro Toxicology was conducted in Berlin for discussing novel methodologies for in vitro toxicology applications.
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In-vitro Toxicology Testing Market Scope
In-vitro Toxicology Testing Market Companies
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Germany in-vitro toxicology testing market size, by end user, 2018-2030 (US$M)
Germany In-vitro Toxicology Testing Market Outlook Share, 2023 & 2030 (US$M)
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