
Europe Pharma ADMET Testing Market
No. of Pages: 142 | Report Code: BMIRE00026928 | Category: Life Sciences
No. of Pages: 142 | Report Code: BMIRE00026928 | Category: Life Sciences
The pharma ADMET testing market in Europe is expected to grow from US$ 2,199.98 million in 2022 to US$ 3,971.68 million by 2028. It is estimated to grow at a CAGR of 10.3% from 2022 to 2028.
Companies in the pharmaceuticals and biotechnology industries focus on the expansion of their research & development capabilities and drug manufacturing capacity. Rapid developments in computational software and the introduction of novel field technologies are estimated to raise the efficiency of drug development during the forecast period. For instance, toxicity, cytochrome p450 induction, and in vitro metabolism assays, among others, are being incorporated into a single assay on liver hepatocytes. Similarly, 3D cell culture models with multiple tissue cell types are emerging as promising systems.
Moreover, microfluidic organ-on-a-chip approaches, such as those commercialized by Emulate, are becoming more mainstream for predictive ADMET studies. ADMET Predictor by Simulations Plus, Inc., ADME/Tox by Sigma-Aldrich, LLC., PhysChem and ADME-Tox Prediction by ACD/Labs, PK/PD Database for Pharmacokinetic Properties by the Laboratory of Computational and Medicinal Chemistry, etc., are several tools developed for predicting toxicity related to ADME. Artificial intelligence (AI) may be used to simulate the ADME of drugs, determine if a therapeutic molecule will be effective in humans, and predict safety concerns.
During the period of post-COVID recovery, the current popularity and concurrent emergence of AI and machine learning (ML) are likely to have a substantial impact on drug design and development. These technologies have decreased the need for human intervention and raised the quality of life of people as they can be implemented in designing superior-quality healthcare goods. With the help of specialized molecular modeling techniques, such as in-silico simulation, pharmacophore modeling, molecular dynamics, virtual screening, and molecular docking, AI&ML-driven rational drug design seeks to explain the unforeseen bioactivity of natural products most perfectly in a limited timeframe.
Additionally, it describes the molecular interaction of drugs and their targets to create more effective drug leads. In January 2022, Charles River Laboratories and Valo Health, LLC, a technology firm leveraging human-centric data and AL-based computing, established a multi-year strategic collaboration to change the drug research & development process. A new revolutionary, AI-enabled drug discovery and development platform will be made available through this partnership by using Charles River's discovery optimization capabilities, including medicinal chemistry, ADME, biology, and pharmacology, and Valo's Opal Platform for small molecule development, which utilizes a "closed-loop" in a silico-experimental platform that rapidly iterates using program data to identify novel compounds. Thus, ADME testing based on automation, AI, and ML, among other technologies, is becoming an important part of the digital health boom, providing significant growth opportunities for the Pharma ADMET testing market.
Strategic insights for the Europe Pharma ADMET Testing provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Europe Pharma ADMET Testing refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.Europe Pharma ADMET Testing Strategic Insights
Europe Pharma ADMET Testing Report Scope
Report Attribute
Details
Market size in 2022
US$ 2,199.98 Million
Market Size by 2028
US$ 3,971.68 Million
Global CAGR (2022 - 2028)
10.3%
Historical Data
2020-2021
Forecast period
2023-2028
Segments Covered
By Testing Type
By Technology
By Application
Regions and Countries Covered
Europe
Market leaders and key company profiles
Europe Pharma ADMET Testing Regional Insights
Europe Pharma ADMET Testing Market Segmentation
The Europe pharma ADMET testing market is segmented by testing type, technology, application, and country. Based on testing type, the market is segmented into in vivo ADMET testing, in vitro ADMET testing, and in silico ADMET testing. The in vivo ADMET testing segment is dominating the market in 2022. Based on technology, the market is segmented into cell culture, high throughput, molecular imaging, and OMICS technology. The cell culture segment is dominating the market in 2022. Based on application, the market is segmented into systemic toxicity, renal toxicity, hepatotoxicity, neurotoxicity, and others. The systemic toxicity segment is dominating the market in 2022. Based on country, the market is segmented into Germany, the UK, France, Italy, Spain, and the Rest of Europe. Further, the Rest of Europe dominated the market in 2022.
A few key players dominating the Europe pharma ADMET testing market are Agilent Technologies, Inc.; Bio-Rad Laboratories, Inc.; Biovia (Dassault Systèmes); Charles River Laboratories; CMIC HOLDINGS Co., LTD; Cyprotex Limited; IQVIA Inc.; MERCK KGaA; Promega Corporation; and Wuxi AppTec.
The Europe Pharma ADMET Testing Market is valued at US$ 2,199.98 Million in 2022, it is projected to reach US$ 3,971.68 Million by 2028.
As per our report Europe Pharma ADMET Testing Market, the market size is valued at US$ 2,199.98 Million in 2022, projecting it to reach US$ 3,971.68 Million by 2028. This translates to a CAGR of approximately 10.3% during the forecast period.
The Europe Pharma ADMET Testing Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Pharma ADMET Testing Market report:
The Europe Pharma ADMET Testing Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Pharma ADMET Testing Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Pharma ADMET Testing Market value chain can benefit from the information contained in a comprehensive market report.