ADME is the process of absorption, distribution,
metabolism and elimination of chemicals or drugs that describe their
disposition inside a human body. The four processes influence the performance
of a particular drug toward human tissues; toxicology testing before
introducing a particular drug is increasingly becoming important.
For the
development of a new drug, ADME toxicology testing is being adopted at a rapid
rate by all pharmaceutical and biotechnology companies to reduce their drug
discovery, testing and development costs. The ADME toxicology testing market
has been categorized in three major segments namely in-silico testing, in-vitro
testing and in-vivo testing. In-vitro testing is further classified into
biochemical and cell (liver, kidney and intestinal) based assays.
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The major drivers for global ADME toxicology testing
market are increasing number of drug developments; increasing demand from
various pharmaceutical and biotechnology companies worldwide due to reduction
in the costs involved in various tests during the drug development process,
reduced new drug commercialization time and reduction in the number of drug
failures that occurred earlier mainly due to ADME and Toxicology issues.
Technological advancement such as usage of in silico techniques that use
computer based testing methods for faster results will also drive this market
in future. Modern cell based assays are gaining much acceptance worldwide and
hence will drive this market in the coming future.
North America holds the largest share in the global ADME
toxicology testing market and is expected to maintain its leadership position
in future as well. The North American market is closely followed by the
European market. Their market leadership was attributed to the fact that the
major pharmaceutical companies are domiciled in the U.S. and European
countries. Asia-Pacific market is expected to observe the fastest rate of
growth in future due to increasing government support and collaborations with
the foreign pharmaceuticals and research companies.
Some of the major players in the ADME toxicology testing
market are Accelrys, Inc., Bio-Rad Laboratories, Inc., Agilent Technologies,
Inc., Beckman Coulter, Inc., Caliper Life Sciences, Inc., Cyprotex PLC., Cellartis
AB, Life Technologies Corporation, Molecular Discovery Ltd., Optivia
Biotechnology, Inc., and Thermo Fisher Scientific, Inc.
This research report analyzes this market depending on
its market segments, major geographies, and current market trends.
Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends in the
market, industry growth drivers, and restraints. It provides market projections
for the coming years. It includes analysis of recent developments in technology,
Porter’s five force model analysis and detailed profiles of top industry
players. The report also includes a review of micro and macro factors essential
for the existing market players and new entrants along with detailed value
chain analysis.
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a technological growth map over time to understand the industry growth rate
- It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
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