Computational Toxicology Technology Market size is estimated to be USD 2.5 Billion in 2024 and is expected to reach USD 7.5 Billion by 2033 at a CAGR of 15.5% from 2026 to 2033.
The global Computational Toxicology Technology Market was valued at USD 3.5 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 9.4% from 2023 to 2030. The market growth is driven by the increasing demand for safer and more efficient drug development processes, as well as regulatory requirements to reduce animal testing. North America holds the largest market share, with a valuation of USD 1.5 billion in 2022, due to the regions advanced research infrastructure and increasing adoption of computational tools by the pharmaceutical industry. The Asia Pacific region is expected to witness the highest growth, with a CAGR of 11.2% during the forecast period, primarily driven by the expansion of the pharmaceutical and biotechnology industries in countries like China and India.
In terms of regional distribution, Europe follows closely behind North America, with a market size of USD 1.2 billion in 2022, supported by stringent regulatory policies that emphasize the use of computational toxicology in drug safety evaluations. The Middle East & Africa, and Latin America hold smaller market shares, but the market in these regions is steadily growing, with emerging opportunities in research collaborations and technological advancements in the field. With the increasing focus on sustainability and reducing chemical waste in toxicological testing, these regions are expected to experience notable growth in the coming years. The market opportunities are vast, with increasing investments in research and development and technological advancements enhancing the predictive accuracy of computational models.
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Instem (Leadscope Inc)
Lhasa Limited
MultiCASE
Inotiv
Simulations Plus
Schrodinger
Aclaris
Evogene
Deciphex (Patholytix)
Exscientia
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Computational Toxicology Technology Market
In Silico Modeling
Quantitative Structure-Activity Relationship (QSAR)
Machine Learning and Artificial Intelligence
Big Data Analytics
Biologically Relevant Models
Chemical Risk Assessment
Drug Development
Environmental Safety Assessment
Food Safety Testing
Toxicity Screening
Pharmaceuticals
Chemicals
Biotechnology
Cosmetics and Personal Care
Agriculture
Acute Toxicity Studies
Chronic Toxicity Studies
Genotoxicity Studies
Developmental Toxicity Studies
Reproductive Toxicity Studies
Public Databases
Proprietary Databases
Scientific Literature
Experimental Studies
Regulatory Submissions
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Computational Toxicology Technology Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Computational Toxicology Technology Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Computational Toxicology Technology Market, By Type
6. Global Computational Toxicology Technology Market, By Application
7. Global Computational Toxicology Technology Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Computational Toxicology Technology Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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