Pharma ADMET Testing Growth Forecast 2025-2034: Trends, Opportunities, and Key Insights You Need to Know
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What is the Predicted CAGR for the Pharma ADMET Testing Market Over the Forecast Period of 2025 to 2034?
The pharma ADMET testing market has seen rapid growth in recent years. It is expected to expand from $9.67 billion in 2024 to $10.73 billion in 2025, at a CAGR of 10.9%. The historical growth has been fueled by the rise of biopharmaceuticals and biosimilars, increasing drug development activities, heightened awareness of drug safety, the globalization of clinical trials, and the shift toward in silico modeling.
The pharma ADMET testing market is anticipated to grow rapidly, reaching $17.1 billion by 2029 at a CAGR of 12.4%. This growth is fueled by advancements in environmental toxicology and safety assessments, rising awareness of pharmacogenomics, a stronger focus on precision medicine, the increasing development of biologics and biosimilars, AI integration, evolving regulatory requirements, and an increase in orphan drug development. Key trends in the forecast period include expanded research collaborations, rapid technological advancements, improvements in analytical technologies, continuous monitoring of drug safety, and considerations regarding environmental impact.
What Drivers Are Shaping the Growth of the pharma admet testing Market?
The increasing number of product approvals is expected to drive the growth of the pharma ADMET testing market. Product approvals are granted by regulatory authorities like the FDA or EMA, allowing products to be marketed. ADMET testing, used for assessing a product’s safety and efficacy, plays a vital role in these approvals. In 2023, the U.S. FDA approved 55 new drugs, a rise from 37 approvals in 2022. Therefore, the growing number of product approvals is driving the pharma ADMET testing market.
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Who Are the Top Companies Driving Innovation and Growth in the Pharma ADMET Testing Market?
Major companies operating in the pharma ADMET testing market include:
• Thermo Fisher Scientific Inc._x000D_
• The Merck Group_x000D_
• Laboratory Corporation of America Holdings_x000D_
• IQVIA Inc._x000D_
• PPD ICON plc_x000D_
What Key Trends Are Currently Impacting the Pharma ADMET Testing Market’s Development?
Product innovations are also gaining ground in the pharma ADMET testing market. Companies in this field are introducing new solutions like Logica to maintain their position. For example, in April 2022, Charles River Laboratories International Inc., a US-based pharmaceutical company, in partnership with Valo Health Inc., a US-based AI-health solution provider, launched Logica, an AI-driven drug development solution. Logica utilizes Valo’s AI-powered Opal Computational Platform to offer ADMET testing services and other drug delivery solutions. The platform uses predictive models, chemical design, DNA encoded libraries, and in silico high-throughput screening to optimize drug development, including pharmacology and safety testing, ultimately supporting IND submission.
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What Are the Core Categories and Segments in the Pharma ADMET Testing Market Driving Demand and Growth?
The pharma ADMET testing market covered in this report is segmented –
1) By Testing Type: In Vivo ADMET Testing, In Vitro ADMET Testing, In Silico ADMET Testing
2) By Technology: Cell Culture, High Throughput, Molecular Imaging, OMICS Technology
3) By Application: Systemic Toxicity, Renal Toxicity, Hepatotoxicity, Neurotoxicity, Other Applications
Subsegments:
1) By In Vivo ADMET Testing: Animal Studies, Pharmacokinetics Studies, Toxicology Studies, Biodistribution Studies
2) By In Vitro ADMET Testing: Metabolism Studies, Drug-Drug Interaction Studies, Absorption Studies, Cytotoxicity and Safety Testing
3) By In Silico ADMET Testing: Predictive Modeling and Simulation, Quantitative Structure-Activity Relationship (QSAR) Analysis, Machine Learning Algorithms for ADMET Predictions, Software Tools for ADMET Profiling
Which Geographical Regions Are Pioneering Growth in the Pharma ADMET Testing Market?
Asia-Pacific was the largest region in the pharma ADMET testing market in 2024. The regions covered in the pharma ADMET testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Are the Key Characteristics That Define the Pharma ADMET Testing Market?
Pharma ADMET testing refers to a set of procedures and assays used in the pharmaceutical industry to assess the Absorption, Distribution, Metabolism, Excretion, and Toxicity (ADMET) of drug candidates. It is used for determining the safety and efficacy of potential drugs before they can be approved for clinical use.
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