Dublin, Oct. 26, 2017 -- The "Forensic Technology Market Analysis by Type (PCR, Capillary Electrophoresis, Next-Generation Sequencing, Rapid DNA Analysis, Microarrays), by Services, by Application, by Location and Segment Forecasts, 2014 - 2025" report has been added to Research and Markets' offering.
The global forensic technology market is expected to reach USD 40.4 billion by 2025
Innovations in forensic science lead to the development of advanced techniques for solving crimes and increasing the efficiency of DNA testing. Government initiatives for achieving progress in research in forensic science, which is critical for public safety, is widening the scope for forensic technologies market growth. For instance, National Institute of Justice (NIJ) entered into a partnership with National Institute of Standards and Technology (NIST), and National Science Foundation (NSF) to develop new techniques.
These organizations have also jointly initiated Industry/University Cooperative Research Centers Program that aids in industry and academic collaborations for efficient R&D in forensic science. One of the major contributions by this program includes development of practices for preservation and handling of DNA &other biological evidence. These agenda of this program is to enhance the interoperability of national as well as regional automated fingerprinting identification systems, limit investigator bias, and develop standards for efficient analysis in criminal cases.
Further Key Findings From the Report:
- Capillary electrophoresis accounted for the largest part of the type segment in 2016. This can be attributed to high penetration in various applications such as toxicology studies, illicit drug analysis, and ballistics
- In the services segment, chemical analysis captured the dominant share in 2016. This is a result of increasing adoption of this technique in fire debris analysis, serology, bloodstain pattern analysis, and fingerprinting
- In the application segment, judicial/law enforcement held the largest part in 2016 owing to the growing number of government initiatives intended toward clearing backlogs of criminal cases that require concrete evidence
- Laboratory technology held a substantial share of the location segment. This is a consequence of consistent usage due to its ability to analyze a large number of samples
- North America held the largest share of the market owing to the increase in number of supportive government initiatives aimed toward promoting usage of forensic technologies
- Asia Pacific is anticipated to witness lucrative CAGR during the forecast period. The lucrative growth rate can be attributed to development of advanced infrastructure for testing facilities
- High competition has been observed as a result of key players adopting strategies that include new product development and strategic collaborations & agreements to gain competitive advantage
Key Topics Covered:
Chapter 1 Research Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 Forensic Technologies Market Variables, Trends & Scope
3.1 Market Segmentation & Scope
3.2 Market Driver Analysis
3.2.1. Increasing number of funding programs focused toward pneumonia research
3.2.2 Presence of strong product pipeline
3.3 Market Restraint Analysis
3.3.1 High number of patent expirations
3.4 Penetration & Growth Prospect Mapping
3.5 Forensic Technologies Market - SWOT Analysis, By Factor (Political & legal, economic, and technological)
3.6 Industry Analysis - Porter's
Chapter 4 Forensic Technologies Market: Type Estimates & Trend Analysis
4.1 Forensic Technologies Market: Type Movement Analysis
4.2 Polymerase Chain Reaction (PCR)
4.3 Capillary Electrophoresis
4.4 Next-Generation Sequencing
4.5 Rapid DNA Analysis
4.6 Automated Liquid Handling Technology
4.7 Microarrays
4.8 Others
Chapter 5 Forensic Technologies Market: Services Estimates & Trend Analysis
5.1 Forensic Technologies Market: Services Movement Analysis
5.2 DNA Profiling
5.3 Chemical Analysis
5.4 Biometric Analysis
5.5 Firearms Identification
5.6 Others
Chapter 6 Forensic Technologies Market: Application Estimates & Trend Analysis
6.1 Forensic Technologies Market: Application Movement Analysis
6.2 Pharmacogenetics
6.3 Biodefense & Biosurveillance
6.4 Judical/Law Enforcement
6.5 Others
6.5.1 Others market estimates and forecasts, 2014 - 2025 (USD Million)
Chapter 7 Forensic Technologies Market: Location Estimates & Trend Analysis
7.1 Forensic Technologies Market: Location Movement Analysis
7.2 Laboratory Forensic Technology
7.3 PorTable Forensic Technology
Chapter 8 Forensic Technologies Market: Regional Estimates & Trend Analysis, by Type, Services, Application, Location
Chapter 9 Competitive Landscape
- Agilent Technologies
- GE Healthcare
- Morpho Group
- ThermoFisherScientific
- Forensic Fluids Laboratories
- Eurofins Scientific
- SPEX Forensics
- LGC Forensics
- Neogen Corporation
- NMS Labs
- Forensic Pathways
For more information about this report visit https://www.researchandmarkets.com/research/2zgh7h/forensic
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