Ecotoxicological Studies Market Size, Share & Trends Report

Ecotoxicological Studies Market Size, Share & Trends Analysis Report By Service (Aquatic Ecotoxicology, Sediment Ecotoxicology), By Region (North America, Europe, APAC, LATAM, MEA), And Segment Forecasts, 2021 - 2027

  • Published Date: Dec, 2020
  • Base Year for Estimate: 2020
  • Report ID: GVR-4-68039-313-5
  • Format: Electronic (PDF)
  • Historical Data: 2016 - 2019
  • Number of Pages: 98

Report Overview

The global ecotoxicological studies market size was valued at USD 976.5 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 3.6% from 2021 to 2027. Increasing focus on regulation, safety, and quality, innovation in the pharmaceutical industry, and entry of new players in the market are major factors responsible for the lucrative growth of the market. In addition, the stringent regulatory scenario in developed countries, such as the U.S. and Germany, is expected to boost market growth over the forecast period. With the rising awareness about environmental protection globally, it is becoming increasingly imperative to evaluate the effects of chemical substances on the environment.

U.S. ecotoxicological studies market size, by service, 2016 - 2027 (USD Million) 

With drugs being released into the natural environment, the U.S. and Europe are taking the lead and have designed regulatory procedures that have made Environmental Risk Assessment (ERA) a crucial registration requirement. Since 2006, ERA is mandatory for all novel Marketing Authorization Applications (MAA) for medical products, including generics.

It is mandatory for pharmaceutical and biopharmaceutical companies to perform an ecotoxicological risk assessment to assess the effect of their products on the ecosystem to minimize and monitor the effects of pollution. As a mandatory requirement, it is crucial to ensure that pharmaceutical and biopharmaceutical companies conduct assessments effectively.

The ecotoxicological data is an essential requirement for registration submissions in various industries, including industrial chemicals and agrochemicals. They form the basis of Environmental Impact Assessment (EIA)/ERA for both veterinary and human pharmaceuticals.

Service Insights

Based on service, the market for ecotoxicological studies has been segmented into aquatic ecotoxicology, sediment ecotoxicology, terrestrial ecotoxicology, avian ecotoxicology, and pollinator testing. The aquatic ecotoxicology segment accounted for the largest revenue share of 43.5% in 2020. It is anticipated to maintain its lead over the forecast period. With the increasing number of pharmaceutical and biopharmaceutical companies, the threat to water ecosystems is increasing, which, in turn, can disturb multiple food chains and ecosystems. Hence, a large number of aquatic ecotoxicology studies are being performed, contributing to the segment growth.

Global ecotoxicological studies market share, by service, 2020 (%)

The sediment ecotoxicology segment is anticipated to register the highest CAGR over the forecast period as sediment ecotoxicology studies are conducted on a large scale by the pharmaceutical companies. Sediments can adsorb persistent pollutants and thereby act as a long-term source of pollution for surface water.

Regional Insights

Europe accounted for the largest revenue share of 34.0% in 2020. Stringent regulations present in the region make it obligatory for ecotoxicological testing data to fulfill the need for documentation, which is expected to continue driving the market. In addition, the growing presence of players offering these services is likely to contribute to market growth.

Asia Pacific is expected to be the fastest-growing regional market at a growth rate of 4.5% during the forecast period. The increasing number of pharmaceutical and biopharmaceutical companies, low-cost service offerings, and improved regulatory frameworks are anticipated to propel the market growth in the region.

Key Companies & Market Share Insights

Companies are adopting partnerships and expansion as key strategies to sustain in the highly competitive environment and acquire a greater market share. For instance, in August 2019, AIIMS started a first-of-its-kind clinical ecotoxicology facility in Delhi to probe the rising number of diseases resulting from exposure due to environmental toxins and contaminated food, water, and air.

In addition, in April 2018, SGS SA expanded its terrestrial and aquatic ecotoxicology assessment services and bioaccumulation and biodegradation services in Europe. The company had invested in capability building as a response to increasing demand for ecotoxicological studies in the industry. Some prominent players in the global ecotoxicological studies market include:

  • Smithers

  • SGS SA

  • Covance, Inc.

  • INTOX Pvt. Ltd.

  • Fera Science Limited

  • Charles River Laboratories

  • Noack Laboratorien GmbH

  • Eurofins Agroscience Services Group

Ecotoxicological Studies Market Report Scope

Report Attribute

Details

Market size value in 2021

USD 1.0 billion

Revenue forecast in 2027

USD 1.3 billion

Growth Rate

CAGR of 3.6% from 2021 to 2027

Base year for estimation

2020

Historical data

2016 - 2019

Forecast period

2021 - 2027

Quantitative units

Revenue in USD million/billion and CAGR from 2021 to 2027

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Service, region

Regional scope

North America; Europe; Asia Pacific; Latin America; MEA

Country scope

U.S.; Canada; U.K.; Germany; France; Italy; Spain; China; India; Japan; Australia; South Korea; Brazil; Mexico; Argentina; South Africa; Saudi Arabia; UAE

Key companies profiled

Smithers; SGS SA; Covance, Inc.; INTOX Pvt. Ltd.; Fera Science Limited; Charles River Laboratories; Noack Laboratorien GmbH; Eurofins Agroscience Services Group

Customization scope

Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options


Segments Covered in the Report

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2016 to 2027. For the purpose of this study, Grand View Research has segmented the global ecotoxicological studies market report on the basis of service and region:

  • Service Outlook (Revenue, USD Million, 2016 - 2027)

    • Aquatic Ecotoxicology

    • Sediment Ecotoxicology

    • Terrestrial Ecotoxicology

    • Avian Ecotoxicology

    • Pollinator Testing

  • Regional Outlook (Revenue, USD Million, 2016 - 2027)

    • North America

      • U.S.

      • Canada

    • Europe

      • U.K.

      • Germany

      • France

      • Italy

      • Spain

    • Asia Pacific

      • India

      • China

      • Japan

      • Australia

      • South Korea

    • Latin America

      • Brazil

      • Mexico

      • Argentina

    • Middle East & Africa

      • South Africa

      • Saudi Arabia

      • UAE

Frequently Asked Questions About This Report

Pricing & Purchase Options

Service Guarantee

  • Insured Buying

    This report has a service guarantee. We stand by our report quality.

  • Confidentiality

    We are in compliance with GDPR & CCPR norms. All interactions are confidential.

  • GDPR.EU
  • Custom research service

    Design an exclusive study to serve your research needs.

  • 24/5 Research support

    Get your queries resolved from an industry expert.

Buy Chapters or Sections

Avail customized purchase options to meet your exact research needs:

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities