Global Ecotoxicological Studies Market Size study, By Service (Aquatic Ecotoxicology, Sediment Ecotoxicology, Terrestrial Ecotoxicology, Avian Ecotoxicology, Pollinator Testing), and Regional Forecasts 2022-2028
Global Ecotoxicological Studies Market is valued at approximately USD 1.01 Billion in 2021 and is anticipated to grow with a healthy growth rate of more than 3.6% over the forecast period 2022-2028. Ecotoxicology is a science that studies the fate and effects of toxic substances in ecosystems by taking into account physical, chemical, biological, and social (human health) factors. Essentially, ecotoxicology is a multidisciplinary field that integrates toxicology and ecology, with a focus on the toxicological effects of contaminants on wildlife, including native fauna and flora. To achieve the goals of ecotoxicology, research is carried out on a diverse range of species ranging from biochemical to ecosystem level, with the goal of developing mechanistic relationships that aid in understanding and predicting toxicological effects. The increasing emphasis on regulation, safety, and quality, innovations in the pharmaceutical industry, and the entry of new players into the market are major factors driving the market's lucrative growth. Furthermore, strict regulatory scenarios in developed countries such as the United States and Germany are expected to boost market growth during the assessment period. Ecotoxicological data is required for registration submissions in a variety of industries, including industrial chemicals and agrochemicals. They serve as the foundation for both veterinary and human pharmaceutical environmental impact assessments (EIAs). Antiviral drugs such as ribavirin, favipiravir, lopinavir, and remdesivir have become more popular as a result of the COVID-19 pandemic. According to a study published in 2021 by NCBI, wastewater treatment plants are not capable of efficiently eliminating these drugs and their metabolites, causing harm to aquatic animals. The increasing number of COVID-19 cases in 2022 is expected to drive the use of antiviral medications and further pollute water bodies, increasing demand for ecological studies in the coming years. Furthermore, increasing adoption of alternative methods impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Ecotoxicological Studies Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Europe holds the highest revenue share in the market. Favorable government support and the presence of various regulatory bodies, such as the European Chemical Agency (ECHA), Registration, Evaluation, Authorization, and the European Centre for Ecotoxicology and Toxicology of Chemicals (ECETOC) Polymers Task Force, are factors expected to drive the market during the forecast period. Whereas, rapid urbanisation, high population density, and industrialization are increasing the presence of chemical contaminants in water, air, soil, and sediments in the APAC region, particularly in Southeast Asia. This is expected to open up new markets for companies in the Asia-Pacific region.
Major market players included in this report are:
Smithers
SGS SA
Covance, Inc. (Laboratory Corporation of America Holdings)
INTOX PVT. LTD. (Aragen Life Sciences Pvt. Ltd.)
Fera Science Limited
Charles River Laboratories, Inc.
Noack Laboratorien GmbH
Eurofins Agroscience Services Group
Vivotecnia
Toxicon AB
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Service:
Aquatic Ecotoxicology
Sediment Ecotoxicology
Terrestrial Ecotoxicology
Avian Ecotoxicology
Pollinator Testing
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Ecotoxicological Studies Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Smithers
SGS SA
Covance, Inc. (Laboratory Corporation of America Holdings)
INTOX PVT. LTD. (Aragen Life Sciences Pvt. Ltd.)
Fera Science Limited
Charles River Laboratories, Inc.
Noack Laboratorien GmbH
Eurofins Agroscience Services Group
Vivotecnia
Toxicon AB
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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