Genetic Toxicology Testing Market Size and Business Planning, Innovation to See Modest Growth Forecast 2022-2031


Japan, Japan, Monday, March 14, 2022 11:03:56 / Comserve Inc. / — Genetic Toxicology Testing Market outlook and forecast by major manufacturers, production, consumption, trade statistics, size, analysis, growth analysis and regional analysis (Latin America, North America, specific Asia, Europe, Middle East)

Market Overview:
The global genetic toxicology testing market is valued at around USD 1.09 billion in 2019 and is expected to grow with a healthy growth rate of over 10.2% during the forecast period. Genetic toxicology deals with the effects of biological, physical and chemical agents on the heredity of living organisms. Genetic toxicology is the study of the toxic effects of damage to deoxyribonucleic acid (DNA). In the research and development sector, genetic toxicology plays a central role because many tests are conducted to design and develop a drug. These tests help discover new vaccines and drugs. Increase in drug discovery and development is driving the growth of the market. As with increasing number of pharmaceutical R&D activities and increasing investment in medical research is propelling the demand for genetic toxicology. Also, the growing application of genetic toxicology testing in a range of end-use industries such as healthcare industry, cosmetics industry, food industry, and others is driving the growth of the market. The growth of the food industry and the demand for cosmetics are driving the genetic toxicology market. In 2018, there were 430 cosmetics companies in France, according to the FEBEA (French Professional Federation of Cosmetics and Perfume Companies), while overall local production of cosmetics in the country was $21.75 billion. in 2016, which increased to $22.18 billion in 2017 and $22.23 billion in 2018. According to Cosmetica Italia, the Italian Association of Cosmetic Industries, the country has 123,000 cosmetic companies with total local production of cosmetics of USD 11.6 billion in Italy in 2016, which increased to USD 12.3 billion in 2017 However, the lack of validated in vitro models to study complex parameters is hampering the growth of the genetic toxicology market during the the forecast period. However, the growing global demand for humanized animal models presents a lucrative opportunity for the market.

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The regional analysis of Global Genetic Toxicology Testing Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region in the world in terms of market share due to increasing development of structure-based drug designs, increasing academic and government investment in genomics and proteomics research, while that Asia-Pacific is also expected to show the highest growth rate/CAGR over the forecast period. Factors such as high expenditure on biopharmaceutical R&D and emerging adoption of advanced technologies would create lucrative growth prospects for the genetic toxicology testing market in the Asia-Pacific region.

The major market players included in this report are: Beyond meat
ThermoFisher Scientific, Inc.
Charles River International Laboratories, Inc.
Creative bioarray
Laboratory Corp Of America Holdings
Jubilant Life Sciences Limited
Cyprotex API
Merck KGaA
Shanghai Medicilon Inc.
Eurofins Scientific
Creative biolabs

The objective of the study is to define the market size of different segments and countries in recent years and to forecast the values ​​to the next eight years. The report is designed to incorporate qualitative and quantitative aspects of the industry in each of the regions and countries involved in the study. Furthermore, the report also provides detailed information about the crucial aspects such as driving factors and challenges which will define the future growth of the market. Additionally, the report should also incorporate the opportunities available in the micro markets for stakeholders to invest in, along with the detailed analysis of the competitive landscape and product offerings of key players.

The detailed segments and sub-segments of the market are explained below:

By product:
Reagents & Consumables
By app:
The health industry
Food industry
Cosmetic Industry
Agricultural industry

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By region:
North America

Asia Pacific
South Korea
Latin America
Rest of the world

In addition, the years considered for the study are as follows:

Historical year – 2017, 2018
Reference year – 2019
Forecast Period – 2020 to 2027

Target Audience of the Global Genetic Toxicology Testing Market in Market Research:

Leading Consulting Firms and Advisors
Large, medium and small businesses
Venture capitalist
Value Added Resellers (VAR)
Third-Party Knowledge Providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market overview
1.2. Global and Segmental Market Estimates and Forecasts, 2018-2027 (USD Billion)
1.2.1. Genetic toxicology market, by region, 2018-2027 (USD billion)
1.2.2. Genetic toxicology market, by product, 2018-2027 (USD billion)
1.2.3. Genetic toxicology market, by application, 2018-2027 (USD billion)
1.3. Key trends
1.4. Estimation methodology
1.5. Research hypothesis
Chapter 2. Global Genetic Toxicology Market Definition and Scope
2.1. Goal of the study
2.2. Market definition and scope
2.2.1. Scope of the study
2.2.2. Industry evolution
2.3. Years Considered for Study
2.4. Currency conversion rate
Chapter 3. Global Genetic Toxicology Market Dynamics
3.1. Genetic Toxicology Market Impact Analysis (2018-2027)
3.1.1. Market factors
3.1.2. Market challenges
3.1.3. Market opportunities
Chapter 4. Global Genetic Toxicology Market Analysis
4.1. Porter’s 5-force model
4.1.1. Bargaining power of suppliers
4.1.2. The bargaining power of buyers
4.1.3. The threat of new entrants
4.1.4. The threat of substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic approach to Porter’s 5 forces model (2017-2027)
4.2. PEST analysis
4.2.1. Politics
4.2.2. Economic
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst recommendation and conclusion
Chapter 5. Global Genetic Toxicology Market, By Product
5.1. Market overview
5.2. Global Genetic Toxicology Market by Product, Performance – Potential Analysis
5.3. Global Genetic Toxicology Market estimates and forecast by product 2017-2027 (USD Billion)
5.4. Genetic Toxicology Market, Sub-Segment Analysis
5.4.1. Dosages
5.4.2. Reagents & Consumables
5.4.3. Services
Chapter 6. Global Genetic Toxicology Market, By Application
6.1. Market overview
6.2. Global Genetic Toxicology Market by Application, Performance – Potential Analysis
6.3. Global Genetic Toxicology Market estimates and forecasts by application 2017-2027 (USD Billion)
6.4. Genetic Toxicology Market, Sub-Segment Analysis
6.4.1. The health industry
6.4.2. Food industry
6.4.3. Cosmetic Industry
6.4.4. Agricultural industry
Chapter 7. Global Genetic Toxicology Market, Regional Analysis
7.1. Genetic Toxicology Market, Regional Market Overview
7.2. North America Genetic Toxicology Market
7.2.1. US Genetic Toxicology Market Revenue Mix Estimates and Forecasts, 2017-2027 Application Distribution Estimates and Forecasts, 2017-2027
7.2.2. Canadian Genetic Toxicology Market
7.3. Overview of the genetic toxicology market in Europe
7.3.1. UK Genetic Toxicology Market
7.3.2. German Genetic Toxicology Market
7.3.3. French genetic toxicology market
7.3.4. Spanish genetic toxicology market
7.3.5. Italian genetic toxicology market
7.3.6. Rest of Europe Genetic Toxicology Market
7.4. Asia-Pacific Genetic Toxicology Market Overview
7.4.1. Chinese genetic toxicology market
7.4.2. India Genetic Toxicology Market
7.4.3. Japanese Genetic Toxicology Market
7.4.4. Australia Genetic Toxicology Market
7.4.5. Genetic Toxicology Market in South Korea
7.4.6. Rest of the Genetic Toxicology Market in Asia-Pacific
7.5. Overview of the Genetic Toxicology Market in Latin America
7.5.1. Brazil Genetic Toxicology Market
7.5.2. Mexico Genetic Toxicology Market
7.6. Rest of the Global Genetic Toxicology Market

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