Forensic Technologies Market Outlook
Forensic technologies include scientific solutions that assist in criminal investigations. It involves the identification, interpretation and analysis of evidence with the help of scientific and technical knowledge. The scanning electron microscope, deoxyribonucleic acid (DNA) fingerprinting, facial reconstruction, and laser ablation inductively coupled plasma mass spectrometry (LA-ICP-MS) are widely utilized for improving the strength and sensitivity of the collected facts and evidence in forensic science
How has the global forensic technologies market performed so far and how will it perform in the coming years?
The global forensic technologies market reached a value of US$ 17.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 34.3 Billion by 2027, exhibiting a CAGR of 12.8% during 2022-2027.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
What are the key driving factors and challenges in the global forensic technologies industry?
The global forensic technologies market is primarily driven by continual technological advancements in the field of forensic science. For instance, the deployment of the Internet of Things (IoT) and cloud-based services are providing an impetus to the market growth. Also, the introduction of ballistic and alternative light photography that offers accurate information regarding bruises and bullet trajectories is creating a positive outlook for the market.
Along with this, the widespread integration of three-dimensional (3D) techniques with forensic facial reconstruction systems to reconstruct a face based on the available evidence is acting as a major growth-inducing factor. Some of the other factors contributing to the market growth include the increasing incidences of criminal activities and the rising government investments in research and development (R&D) activities.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Who are the key players of the global forensic technologies industry ?
The report has also analyzed the competitive landscape of the market with some of the key players.
- Agilent Technologies
- GE Healthcare
- LGC
- Promega
- IDEMIA
- Canon
- Thermo Fisher Scientific
- Bio-Rad Laboratories
- Shimadzu Corp
- NetBio
- SCIEX
- Forensic Fluids Laboratories
- NMS Labs
- Eurofins Medigenomix GmbH
- Forensic Pathways
- Pyramidal Technologies Ltd
What is the structure of the global forensic technologies industry ?
The report has categorized the market based on product, service, technique and application.
Market Breakup by Product:
- Digital & Computer Forensics
- Ballistic Forensics
- DNA Testing
- Biometrics
- Others
Market Breakup by Service:
- Laboratory Forensics
- DNA Testing
- Drug Testing
- Biometrics
- Others
- Forensic Consulting
Market Breakup by Technique:
- Polymerase Chain Reaction (PCR)
- Capillary Electrophoresis
- Next-Generation Sequencing
- Rapid DNA Analysis
- Automated Liquid Handling Technology
- Microarrays
- Others
Market Breakup by Application:
- Pharmacogenetics
- Biodefense & Bio-Surveillance
- Judicial and Law Enforcement
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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