Written by Nitin Sharma » Updated on: October 17th, 2024
Forensic Technologies Market Size 2024 To 2032
• The global forensic technologies market size reached USD 21.4 Billion in 2023.
• The forensic technologies market size is expected to reach USD 51.6 Billion by 2032, exhibiting a growth rate (CAGR) of 10% during 2024-2032.
• Region-wise the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
• Based on the product, the market has been divided into digital & computer forensics, ballistic forensics, DNA testing, biometrics, and others.
• On the basis of service, the market has been classified into laboratory forensics (DNA testing, drug testing, biometrics, and others), and forensic consulting.
• Based on the technique, the market has been categorized into polymerase chain reaction (PCR), capillary electrophoresis, next-generation sequencing, rapid DNA analysis, automated liquid handling technology, microarrays, and others.
• On the basis application, the market has divided into pharmacogenetics, biodefense & bio-surveillance, judicial and law enforcement, and others.
• The rising crime rates and demand for criminal investigations is a primary driver of the forensic technologies market.
• Technological advancements and the introduction of government initiatives are reshaping the forensic technologies market.
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Industry Trends and Drivers:
• Growing Crime Rates and Demand for Criminal Investigation:
As global crime rates continue to rise, law enforcement agencies are under growing pressure to solve cases more efficiently and accurately. Crimes are becoming increasingly complex, often involving sophisticated methods that require advanced forensic technology for proper investigation. This has led to a growing reliance on forensic tools such as deoxyribonucleic acid (DNA) profiling, ballistics analysis, and toxicology tests to gather critical evidence. In many regions, violent crimes, drug-related offenses, and cybercrimes are becoming more frequent. These trends are placing a greater burden on the criminal justice system to provide conclusive and timely results. Forensic technology has become a cornerstone in modern criminal investigations, enabling authorities to analyze evidence with a higher degree of precision than ever before.
• Government Initiatives and Increased Funding:
Governments are increasingly recognizing the importance of forensic technologies in maintaining law and order, which is boosting the market share. National governments are allocating substantial budgets to improve their forensic laboratories, enhance research and development in forensic sciences, and train professionals in the latest technologies.
These efforts are designed to strengthen the criminal justice system, ensuring that it has the necessary tools to combat crime effectively. Several countries are leading this charge, with investments aimed at improving forensic DNA databases, upgrading digital forensics capabilities, and establishing more efficient forensic labs. International cooperation on crime, especially concerning terrorism, human trafficking, and cybercrime, has further bolstered the demand for advanced forensic solutions. These government initiatives not only provide funding but also create a regulatory framework that encourages the adoption of state-of-the-art forensic technologies.
• Technological Advancements:
The forensic technologies market size is rapidly advancing due to continual innovations in forensic science tools and methodologies. Breakthroughs in DNA sequencing, including next-generation sequencing (NGS), allow for quicker and more detailed analysis of genetic material, even from degraded or small samples. This has revolutionized the way forensic labs solve crimes, as DNA evidence can now be used in cases where it was previously impossible. The integration of artificial intelligence (AI) and machine learning (ML) into forensic analysis has also had a transformative impact. AI-powered systems are used to sift through massive amounts of data, such as digital footprints, social media interactions, and financial transactions, enabling investigators to identify patterns and connections that might be overlooked by human analysis.
Forensic Technologies Market Report Segmentation:
Breakup By Product:
• Digital & Computer Forensics
• Ballistic Forensics
• DNA Testing
• Biometrics
• Others
Based on the product, the market has been divided into digital & computer forensics, ballistic forensics, DNA testing, biometrics, and others.
Breakup By Service:
• DNA Testing
• Drug Testing
• Biometrics
• Others
On the basis of service, the market has been classified into laboratory forensics (DNA testing, drug testing, biometrics, and others), and forensic consulting.
Breakup By Technique:
• Polymerase Chain Reaction (PCR)
• Capillary Electrophoresis
• Next-Generation Sequencing
• Rapid DNA Analysis
• Automated Liquid Handling Technology
• Microarrays
• Others
Based on the technique, the market has been categorized into polymerase chain reaction (PCR), capillary electrophoresis, next-generation sequencing, rapid DNA analysis, automated liquid handling technology, microarrays, and others.
Breakup By Application:
• Pharmacogenetics
• Biodefense & Bio-Surveillance
• Judicial and Law Enforcement
• Others
On the basis application, the market has divided into pharmacogenetics, biodefense & bio-surveillance, judicial and law enforcement, and others.
Breakup By Region:
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America
Region-wise the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Top Forensic Technologies Market Leaders:
The forensic technologies market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies.
Some of the key players in the market are:
• 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.
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Key Highlights of the Report:
• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
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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