Dublin, Oct. 23, 2023 (GLOBE NEWSWIRE) -- The "Ecotoxicological Studies Market Size, Share & Trends Analysis Report By Service (Aquatic, Sediment, Terrestrial, Avian, Pollinator), By Region (North America, Europe, Asia Pacific), And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.
The global ecotoxicological studies market size is expected to reach USD 1.40 billion by 2030. It is expected to expand at a CAGR of 3.1% from 2023 to 2030.
Ecotoxicological studies are conducted to estimate the effects of toxic substances on an ecosystem and are based on scientific research by both laboratory and field methods. The growth of the pharmaceutical and biopharmaceutical industries is likely to drive the market. Stringent regulatory requirements and favorable government support are further contributing to market growth. Most regulatory authorities require ecotoxicity testing using various organisms.
The U.S. Environmental Protection Agency (EPA) recommends specific tests, organisms, and toxicity endpoints to calculate the risk from Plant Protection Products (PPPs), such as pesticides, and has developed guidelines for ecological risk assessments to assess the likelihood of plant and wildlife toxicity as well as environmental fate.
The increasing number of chemicals such as synthetic hormones and pharmaceuticals are used on a daily basis all over the world. In Europe, approximately 100, 000 chemicals are currently used during the manufacturing of drugs. With the exception of pesticides that are released into the environment purposely, many chemicals enter the environment due to their use through different paths. Hence, to assess risks from chemicals to the ecosystem, toxicity data on chemicals is required.
Ecotoxicological studies are conducted and reported as per the globally validated standard test guiding principles and Good Laboratory Practices (GLPs). For instance, GPLs provided by the U.S. Environmental Protection Agency (EPA) and Organization for Economic Co-operation and Development (OECD) are required by many regulatory frameworks for environmental or ecological hazard and risk assessment of chemicals. There are various documents that include requirements of environmental safety, such as the Biocidal Product Directive (BPR), OSPAR, and European REACH regulation.
Companies Mentioned
- Charles River Laboratories, Inc.
- SGS SA
- Covance, Inc. (Laboratory Corporation of America Holdings)
- Smithers
- INTOX PVT. LTD. (Aragen Life Sciences Pvt. Ltd.)
- Fera Science Limited
- Noack Laboratorien GmbH
- Eurofins Agroscience Services Group
Ecotoxicological Studies Market Report Highlights
- Based on service, the aquatic ecotoxicology segment dominated the market with a share of 43.1% in 2022 as major regulatory bodies across the globe mandate evidence of the potential hazard of drugs to aquatic organisms and ecosystems
- The sediment ecotoxicology service segment is expected to expand at the highest CAGR of 3.9% over the forecast period as sediment ecotoxicology studies are conducted on a large scale by pharmaceutical companies. Sediments can adsorb persistent pollutants and thereby act as a long-term source of pollution for surface water
- Europe dominated the market in 2022 with a share of 33.7% due to the favorable government support and the presence of various regulatory bodies, such as the European Chemical Agency (ECHA); Registration, Evaluation, Authorization and Restriction of Chemicals (REACH); and the European Centre for Ecotoxicology and Toxicology of Chemicals (ECETOC) Polymers Task Force
- Asia Pacific is anticipated to register the highest CAGR over the forecast period owing to the improved regulatory frameworks, the high scope for cost savings, and growing industrialization leading to the establishment of pharmaceutical companies in the region
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 275 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $1.05 Billion |
| Forecasted Market Value (USD) by 2030 | $1.4 Billion |
| Compound Annual Growth Rate | 3.1% |
| Regions Covered | Global |
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Ecotoxicological Studies Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent market outlook
3.1.2. Related/ancillary market outlook
3.2. Market Dynamics
3.2.1. Market driver analysis
3.2.2. Market restraint analysis
3.3. Ecotoxicological Studies Market Analysis Tools
Chapter 4. Ecotoxicological Studies: Service Estimates & Trend Analysis
4.1. Ecotoxicological Studies Market: Key Takeaways
4.2. Ecotoxicological Studies Market: Movement & Market Share Analysis, 2022 & 2030
4.3. Aquatic Ecotoxicology
4.3.1. Aquatic ecotoxicology market estimates and forecasts, 2018 to 2030, (USD Million)
4.4. Sediment Ecotoxicology
4.4.1. Sediment ecotoxicology market estimates and forecasts, 2018 to 2030, (USD Million)
4.5. Terrestrial Ecotoxicology
4.5.1. Terrestrial ecotoxicology market estimates and forecasts, 2018 to 2030, (USD Million)
4.6. Avian Ecotoxicology
4.6.1. Avian ecotoxicology market estimates and forecasts, 2018 to 2030, (USD Million)
4.7. Pollinator Testing
4.7.1. Pollinator testing market estimates and forecasts, 2018 to 2030, (USD Million)
Chapter 5. Ecotoxicological Studies Market: Regional Estimates & Trend Analysis
Chapter 6. Competitive Landscape
6.1. Recent Developments & Impact Analysis, By Key Market Participants
6.2. Market Participant Categorization
For more information about this report visit https://www.researchandmarkets.com/r/moj4uz
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