ADME-Tox Screening Systems Market Scope
ADME-Tox screening systems' goal is to provide a more complete understanding of the effects a molecule might have on the entire biological systemThe increasing focus of drug manufacturers to reduce the development cost of drugs with the least toxicological issue is the major driving factor of the ADME-Tox screening system market. Apart from that, the ADME-Toxicological testing increases the potential of the drug which increases the efficiency of the drug to target the desired tissue. Moreover, the rising prevalence of various chronic diseases is increasing the demand for specialized drugs will upsurge the growth of the AME-Tox screening system market.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
High Growth Market | China |
Largest Market | North America |
Unit | Value (USD Million) |
Key Companies Profiled | Hudson Robotics, Inc (United States), ACEA Biosciences Inc. (United States), Agilent Technologies, Inc. (United States), ADMEcell (United States), Albany Molecular Research Inc. (United States), BioreclamationIVT, LLC (United States), Beckman Coulter Inc. (United States), Cerep SA (France), Cyprotex (United Kingdom) and Labcyte Inc. (United States) |
CAGR | 10.3% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global ADME-Tox Screening Systems market throughout the predicted period.
Hudson Robotics, Inc (United States), ACEA Biosciences Inc. (United States), Agilent Technologies, Inc. (United States), ADMEcell (United States), Albany Molecular Research Inc. (United States), BioreclamationIVT, LLC (United States), Beckman Coulter Inc. (United States), Cerep SA (France), Cyprotex (United Kingdom) and Labcyte Inc. (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global ADME-Tox Screening Systems market by Type , by Application (Discovery and Development, Biopharmaceutical Production, Drug Screening, Tissue Engineering and Others) and Region with country level break-up.
On the basis of geography, the market of ADME-Tox Screening Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2021.
Market Leaders and their expansionary development strategies
In July 2018, BioIVT, a leading provider of research models and services for drug development, today announced that it has acquired Santa Clara, CA-based Optivia Biotechnology and its comprehensive portfolio of transporter assays, multi-transporter models, transporter systems biology, and molecular transport research solutions.
ADME-Tox Screening Systems Market Dynamics:
Attributes | Details |
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Trends Influencing Market | - Technological Advancements in ADME-Tox Screening System
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Key Restraints | - High Installation and Maintenance Cost of the System
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Challenges | - Lack of Skilled Professional to Operate System
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Market Opportunities | - Increased Drug Development and Biopharmaceutical Production
- Ongoing R&D in the Field of ADME-Tox Screening Systems
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Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, ADME-Tox Screening Systems Provider, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry