Toxicology testing refers to the identification and characterization of toxicity of drugs that can have adverse effect, and help in guiding individual patient during the course of treatment. Toxicologists investigate the mechanisms by which these substances exert toxicity, as well as how to detect the presence of these substances in various sample types. Toxicology also involves assessing how to effectively treat animals and/or individuals who have been exposed to certain toxicants. Toxicology addresses a variety of questions. For example, in agriculture, toxicology determines the possible health effects from exposure to pesticides or herbicides, or the effect of animal feed additives such as growth factors, on people. Toxicology is also used in laboratory experiments on animals to establish dose-response relationships. Toxicology deals with the way chemicals and waste products affect the health of an individual. Toxicology testing laboratories perform diagnosis of numerous controlled substances for excessive consumption with the help of suspect samples such as urine, hair, blood, and oral fluids.
Market Dynamics
Rising prevalence of anxiety and depressive tendencies among populations led to shortageof essential antidepressants worldwide, and this is expected to drive the North America Toxicology Laboratories market growth. For instance, in August 2021, Health Canada, estimates that the medicine shortage is expected to endure until August 2021 for Pfizer's anti-depressant Nardil, which became unavailable in Canada in June 2020. Due to the pandemic's disruption of the pharmaceutical supply chains, the U.S. Food and Drug Administration (FDA) stated in June 2020, that there are severe shortages of the antidepressant Zoloft.
Key features of the study:
- This report provides in-depth analysis of the North America toxicology laboratories market, and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the North America toxicology laboratories market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study are InSphero AG, The Charles Stark Draper Laboratory, Inc., Bristol-Myers Squibb Company, Thermo Fisher Scientific Inc., Agilent Technologies, Inc., Bio Rad Laboratories Inc., Eurofins Scientific, Neogen Corporation, Enzo Life Sciences, Inc., and Vala Sciences Inc.
- Insights from this report will allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- North America toxicology laboratories market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the North America toxicology laboratories market
Detailed Segmentation:
- North America Toxicology Laboratories Market, By Drug Class:
- Alcohol
- Amphetamines
- Barbiturates
- Benzodiazepines
- Opiates/Opioids
- Tricyclic Antidepressants
- Z Drugs
- North America Toxicology Laboratories Market, By Product Type:
- Instruments
- Immunochemistry Analyzers
- PCR Machine
- Gas Chromatography (GC)-Mass Spectrometry (MS)
- High Performance Liquid Chromatography(HPLC)
- Reagents & Kits
- ELISA
- PCR
- Enzyme Multiplied Immunoassay Technique (EMIT)
- Radio Immuno-sorbent Assay (RIA)
- North America Toxicology Laboratories Market, By Sample Type:
- Urine
- Blood
- Hair
- Oral Fluids
- North America Toxicology Laboratories Market, By End User:
- Hospitals and Trauma Centers
- Forensic Laboratories
- Diagnostic Laboratories
- Rehabilitation Centers
- North America Toxicology Laboratories Market, By Country:
- U.S.
- By Drug Class:
- Alcohol
- Amphetamines
- Barbiturates
- Benzodiazepines
- Opiates/Opioids
- Tricyclic Antidepressants
- Z Drugs
- By Product Type:
- Instruments
- Immunochemistry Analyzers
- PCR Machine
- Gas Chromatography (GC)-Mass Spectrometry (MS)
- High Performance Liquid Chromatography(HPLC)
- Reagents &Kits
- ELISA
- PCR
- Enzyme Multiplied Immunoassay Technique (EMIT)
- Radio Immuno-sorbent Assay (RIA)
- By Sample Type:
- Urine
- Blood
- Hair
- Oral Fluids
- By End User:
- Hospitals and Trauma Centers
- Forensic Laboratories
- Diagnostic Laboratories
- Rehabilitation Centers
- Canada
- By Drug Class:
- Alcohol
- Amphetamines
- Barbiturates
- Benzodiazepines
- Opiates/Opioids
- Tricyclic Antidepressants
- Z Drugs
- By Product Type:
- Instruments
- Immunochemistry Analyzers
- PCR Machine
- Gas Chromatography (GC)-Mass Spectrometry (MS)
- High Performance Liquid Chromatography(HPLC)
- Reagents & Kits
- ELISA
- PCR
- Enzyme Multiplied Immunoassay Technique (EMIT)
- Radio Immuno-sorbent Assay (RIA)
- By Sample Type:
- Urine
- Blood
- Hair
- Oral Fluids
- By End User:
- Hospitals and Trauma Centers
- Forensic Laboratories
- Diagnostic Laboratories
- Rehabilitation Centers
- Company Profiles
- InSphero AG*
- Company Highlights
- Products Portfolio
- Key Highlights
- Financial Performance
- Strategies
- The Charles Stark Draper Laboratory, Inc.
- Bristol-Myers Squibb Company
- Thermo Fisher Scientific Inc.
- Agilent Technologies, Inc.
- Bio Rad Laboratories Inc.
- Eurofins Scientific
- Neogen Corporation
- Enzo Life Sciences, Inc.
- Vala Sciences Inc.
“*” marked represents similar segmentation in other categories in the respective section.