IN VITRO TOXICITY TESTING MARKET ANALYSIS

Market Challenges And Opportunities

Global In Vitro Toxicity Testing Market – Restraints

Limitations of in vitro toxicity testing

Questionable predictive power of in vitro toxicity testing is expected to hinder growth of the market. As compared to the conventional animal testing, in vitro toxicity testing is not a reliable predictor. Although in vitro cytotoxicity assays have been used by scientists in drug testing, it has not been consistently applied to the decision making involved in early drug development. moreover, the influence of nanomaterial properties on the outcome of in vitro toxicity testing through assay interference is also expected to limit growth of the market. such interference can lead to false positive or false negative results. Thus it is required to find alternative options to avoid limitations of in vitro toxicity testing

Market Drivers

Strict regulations banning animal testing are expected to offer lucrative growth for players in the global in vitro toxicity market. For instance, in January 2020, the state governments of California, Nevada, and Illinois banned the sale or import of animal-tested cosmetics.

Increasing inorganic activities such as agreements among market players and research institutes is expected to drive growth of the global in vitro toxicity testing market in near future. For instance, on March 9, 2023, The Institute for In Vitro Sciences (IIVS), U.S. and Toxys, a biotechnology company, entered into a license agreement that allows IIVS to offer the ToxTracker assay. ToxTracker is an in vitro assay that allows identification of the genotoxic and potentially carcinogenic properties of novel and existing drugs, agrochemicals, cosmetics and other substances without the use of animal testing.