Environmental Toxicology Market Analysis and Reports | USA Conference Series

Market Analysis - Environmental Toxicology 2017

Market at a Glance:

The North America Toxicology Laboratories market is expected to reach US$ 198.2 Mn by the end of 2022 at a CAGR of 11.1% during the forecast period. On the basis of drug class, the North America toxicology laboratories market is segmented into alcohol, amphetamines, barbiturates, benzodiazepines, opiates/opioids, tricyclic antidepressants, and Z-Drugs. Weak regulatory control on prescription drugs with regard to over-the-counter purchases has been resulting in increased substance abuse and for amphetamines in particular. This increased consumption is fuelling the demand for drug toxicology testing of amphetamines across the U.S. Amphetamines drug toxicity testing segment has been estimated to contribute highest in terms of revenue, accounting for 27.7% of the total toxicology laboratories market share in 2015. The opiate/opioids drug class segment has been estimated to be the fastest-growing segment of the North America toxicology laboratories market, registering a CAGR of 13.3% during the forecast period.

 

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The global value market for pesticides stood at $58.46 billion in 2015 and is expected to register growth at a CAGR of 5.79% between 2015 and 2020.

Pesticides constitute the largest category within the market for crop protection chemicals, with bio pesticides accounting for a comparatively minute share. However, growing environmental concerns regarding the use of synthetic pesticides that are primarily produced using petrochemical or inorganic raw materials have resulted in increasing demand for eco-friendly bio pesticides.

 

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