Posted 3/21/2024, 5:39:00 PM
North American Toxicology Testing Market Set for 10.4% Growth to $511B by 2030 Driven by Technology and Regulations
- North American toxicology laboratories market to reach $511.2 billion by 2030, with a 10.4% CAGR fueled by demand for rapid screening and robust regulations
- Technological advancements like high-throughput screening driving innovation
- US to maintain dominant position due to commitment to R&D and stringent regulatory frameworks
- Amphetamines drug class and immunoassay kits are top performing segments
- Hospitals, clinics, and diagnostic labs largest consumers due to rising chronic diseases