Asia Pacific Toxicity Testing Outsourcing Market Size & Outlook

The toxicity testing outsourcing market in Asia Pacific is expected to reach a projected revenue of US$ 1,306.1 million by 2030. A compound annual growth rate of 11.5% is expected of Asia Pacific toxicity testing outsourcing market from 2024 to 2030.
Revenue, 2023 (US$M)
$611.4
Forecast, 2030 (US$M)
$1,306.1
CAGR, 2024 - 2030
11.5%
Report Coverage
Asia Pacific

Asia Pacific toxicity testing outsourcing market, 2018-2030 (US$M)

Asia
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Asia Pacific toxicity testing outsourcing market highlights

  • The Asia Pacific toxicity testing outsourcing market generated a revenue of USD 611.4 million in 2023.
  • The market is expected to grow at a CAGR of 11.5% from 2024 to 2030.
  • In terms of segment, in vitro was the largest revenue generating method in 2023.
  • In vitro is the most lucrative method segment registering the fastest growth during the forecast period.


Asia Pacific data book summary

Market revenue in 2023USD 611.4 million
Market revenue in 2030USD 1,306.1 million
Growth rate11.5% (CAGR from 2023 to 2030)
Largest segmentIn vitro
Fastest growing segmentIn vitro
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationIn vitro
Key market players worldwideEurofins Scientific SE, SGS AG, Charles River Laboratories International Inc, Thermo Fisher Scientific Inc, Intertek Group PLC, Catalent Inc, Icon PLC, Medpace Holdings Inc, Labcorp Drug Development, Wuxi AppTec Co Ltd


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 17.1% of the global toxicity testing outsourcing market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 1,306.1 million by 2030.

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Toxicity Testing Outsourcing Market Scope

Toxicity testing outsourcing market segmentation & scope
In vitro
In vivo
GLP Type
GLP
Non GLP
End Use
Pharmaceutical and Biopharmaceutical Companies
Academic and Research Institutes
Others
Countries
U.S.
Canada
Mexico
Denmark
France
Germany
Italy
Norway
Spain
Sweden
UK
Australia
China
India
Japan
South Korea
Thailand
Brazil
Argentina
UAE
South Africa
Saudi Arabia
Kuwait

Toxicity Testing Outsourcing Market Companies

Name Profile # Employees HQ Website

Asia Pacific toxicity testing outsourcing 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 toxicity testing outsourcing market will help companies and investors design strategic landscapes.


In vitro was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Asia Pacific toxicity testing outsourcing market based on in vitro covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Asia Pacific toxicity testing outsourcing market databook

  • Our clientele includes a mix of toxicity testing outsourcing market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific toxicity testing outsourcing market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific toxicity testing outsourcing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Asia Pacific toxicity testing outsourcing market

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