Latin America In-Vitro Toxicology Testing – Market Analysis, Size, Geographic Countries Analysis, Competitive Strategies Analysis And Forecasts (2018 To 2023)

According to the report Latin America In-Vitro Toxicology Testing Market, published by Market Data
Forecast, Latin America market is expected to reach USD 3210 Million by 2023 from USD 1640
Million in 2018, growing at a CAGR of 14.38% for the next five years 2018-2023.
In-Vitro Toxicology is a scientific study of the effects of toxic chemical substances on mammalian or
bacteria cells. This field emerged in order to detect the potential dangers than can happen due to
new pharmaceuticals, food additives and chemicals which are used in agriculture. This early
detection helps in avoiding potential danger as well as in saving time and money. It also has the
potential to save a great number of lives since in-vivo toxicology involves living animals for testing.
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Latin America In-Vitro Toxicology Testing Market: Drivers & Restraints
Latin America In-Vitro Toxicology Testing Market is driven by factors like lesser availability of animals
for testing due to various animal welfare organisations which ensure that their utilization is
minimised for studies, rising geriatric population, increased interest in healthy living, more
investment in research and development of cell culture development among others. However this
market in this region is restrained by factors like lesser awareness about advanced toxicology
procedures, inadequate infrastructure and capital for new research.
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Latin America In-Vitro Toxicology Testing Market: Segmentation
By Product
Assays
Reagent and Labware
Service
By Type
ADME
Dose
Toxic Substance
By Toxicity endpoints and Tests
Systemic Toxicity
Dermal Toxicity

Carcinogenicity
Ocular toxicity
Skin Sensitization & Irritation
Genotoxicity
Neurotoxicity
Organ Toxicity
By Method
In-Silico method
Biochemical assays
Cellular Assays
Ex vivo models
By Industry
Cosmetics and Household Products
Pharmaceuticals
Diagnostics
Chemicals
Foods
The Latin America In-Vitro Toxicology Testing Market is geographically divided into Brazil and rest of
Latin America. This market is still in its nascent stages in this region; hence it is expected to grow at a
quick pace during the forecast period.
The key players in in-vitro toxicology testing market include, Covance, Inc. (A subsidiary of LabCorp)
(U.S.), Agilent Technologies, Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Eurofins Scientific SE
(Luxembourg), General Electric Company (U.S.), BioReliance, Inc. (A subsidiary of Merck & Co, Inc.)
(U.S.), Charles River Laboratories International, Inc. (U.S.), Thermo Fisher Scientific, Inc. (U.S.),
Catalent (U.S.), and Cyprotex (U.K.), among others.
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