Technavio Publishes Global ADME-Toxicology Testing Market Trends, Analysis and Forecast 2015-2019

LONDON--()--Technavio has published a new report on the global ADME-toxicology testing market, which is expected to grow at a CAGR of nearly 11% from 2015-2019.

About the Report

ADME-toxicology testing plays an important role in identifying toxicity and determining drug safety. New research from Technavio indicates that the increasing demand for ADME-toxicology testing is largely driven by biotechnology and pharmaceutical companies.

“The use of target-based ADME/Tox ready-to-use kit assays has hastened the drug delivery process and helps focus the objective of drug discovery by eliminating time-consuming tests,” says Faisal Ghaus, Vice President of Technavio.

The latest report by Technavio also emphasizes the progressive advances in high-throughput screening of ADME. Some of the latest computational models are direct calculation and quantitative structure-activity relationship. These models use descriptors and modeling tools and provide a database for ADME-toxicology testing.

“These models help review the complex physiological properties and reliably identify the compounds in screening libraries,” says Ghaus.

Market Scope and Calculation of Market Size

The new Technavio report covers the present scenario and the growth prospects of the global ADME-toxicology testing market from 2015-2019. To calculate the market size, the report considers revenue generated from sales of the products (instruments, assay systems, animal models, software solutions, and reagents) used in in-vivo and in-vitro tests.

Key Information Covered in the Report:

  • Key Vendors:
    • Accelrys (Dassault Systèmes)
    • Agilent Technologies
    • Bio-Rad Laboratories Inc.
    • Promega Corp.
    • Sigma-Aldrich
    • Thermo Fisher Scientific Inc.
  • Market Growth Drivers:
    • Increase in Demand from Biotechnology and Pharmaceutical Companies
    • For a full detailed list, view our report.
  • Market Challenges:
  • Market Trends:
    • Emergence of Cell-based Assays
    • For a full detailed list, view our report.

Technavio currently has more than 3000 market research reports on a huge range of topics, including 100+ reports on the pharmaceuticals and drugs market:

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

Technavio Research
Jes Ellacott
US: +1 630-333-9501
UK: +44 208 123 1770
Media & Marketing Executive
www.technavio.com
media@technavio.com

Release Summary

Technavio has published a new report on the global ADME-toxicology testing market, which is expected to grow at a CAGR of nearly 11% from 2015-2019.

Contacts

Technavio Research
Jes Ellacott
US: +1 630-333-9501
UK: +44 208 123 1770
Media & Marketing Executive
www.technavio.com
media@technavio.com