Chemical and Materials

Market Study on Toxicology Laboratories Market | Key Players are Aeon Global Health, Quest Diagnostics, LUMITOS AG

Market Study on Toxicology Laboratories Market

Toxicology testing is also known as safety assessment or toxicity testing. This is used to check whether a sample contains any poison or any other hazardous substance. They are used in industries like pharmaceutical and biotechnology, cosmetics etc. These days they are widely used in crime investigation which is fuelling the growth of this market. These days are done to make sure that there is controlled consumption as Z Drugs, barbiturates, opiates/opioids, benzodiazepines, tricyclic antidepressants, and amphetamines.

Market Study on Toxicology Laboratories market research report also directs the manufacturer about planning of advertising and sales promotion efforts and makes it more effective. This report has been prepared by considering various steps for collecting, recording and analysing market data. Market Study on Toxicology Laboratories market report covers strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market. It also delivers list of the leading competitors and provides the insights about strategic industry analysis of the key factors influencing the Chemical and Materials industry. The Market Study on Toxicology Laboratories market report is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis.

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Market Drivers:

  • Increasing awareness among consumer about the benefits by toxicology laboratories is driving the growth of this market.
  • Technological advancement and development is another factor driving the growth of this market.

Market Restraints:

  • Hazardous effect of the chemical toxicology is restraining the growth of this market.
  • The uniformity of toxicity testing is restraining the growth of this market.

Segmentation: Global Market Study on Toxicology Laboratories Market

By Method

  •  In vivo Method
  •  In vitro Method
  •  In silico Method

By Type of Industry

  •  Pharmaceutical & Biotechnology
  •  Cosmetic
  •  Medical Devices
  •  Others

By Drug Class

  •  Alcohol
  •  Amphetamines
  •  Barbiturates
  •  Benzodiazepines
  •  Opiates/Opioids
  •  Tricyclic Antidepressants
  •  Z Drugs

By Product Type

  •  Kits and Reagents
    • ELISA
    • PCR
    • Enzyme Multiplied Immunoassay Technique (EMIT)
    • Radioimmunosorbent Assay (RIA)

 Instruments

  • Immunochemistry Analyzers
  • PCR Machine
  • Gas Chromatography-mass spectrometry
  • High-performance Liquid Chromatography

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Key Developments in the Market:

  • In September 2018, The Regional Forensic Science Laboratory (RFSL) announced the launch of their new toxicology and serology tests. The main aim is to help the crime department to get an exact report which will help them in the investigation and crime detection. The toxicology tests will be used for the detection of poisons and serology tests will be done for infections, disease conditions and antibodies.
  • In December 2018, Sidra Medicine announced the launch of their clinical toxicology services so that they can expand their medical emergency which will include poison helpline, training workshops and courses. The main aim is to provide poisoning management and treatment advice.

Competitive Analysis:

Global market study on toxicology laboratories market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of market study on toxicology laboratories market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Key Market Competitors:

Few of the major competitors currently working in market study on toxicology laboratories market are Agilent Technologies, Inc., Abbott, Bio-Rad Laboratories, Inc, EurofinsScientific, Aeon Global Health, Quest Diagnostics, LUMITOS AG, Molecular Toxicology Inc., Covance Inc, MB Research Laboratories, BioreclamationIVT. ELEVATING SCIENCE, Gentronix, Promega Corporation, Catalent, Inc., Thermo Fisher Scientific Inc., Merck KGaA, GENERAL ELECTRIC.

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