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Forensic Technologies and Services Market will grow at 12.8% CAGR, to be valued at US$ 39,101.4 Million by 2028 | Agilent Technologies, Inc., Creative Forensic Services, eDirect Impact, LLC, Capsicum Group LLC

December 9th, 2021 Coherent Market Insights Releases

Forensic Technologies and Services Market

Overview:

Technological development in forensics science has become significantly important in recent years. Some of the developments of forensics science are retrieving fingerprints from metal items like gun cartridges and different metal ammunition, integration of different technologies, and use of chemistry in identifying biological and chemical weapons, mobile DNA profiling methods at crime sites that give high precision in finding out the age of a person linked to crime. Forensic applications have become affordable due to these technological development increasing market penetration. The number of forensic laboratories has increased in the U.S.  as the number of criminal activities increases every year, where perfume forensic study increased from 490 in 2000 to 550 in 2010.  The annual budget of 50 publicly funded forensic crime laboratories in the U.S. is US$360 million and these labs study numerous samples every year.

The global forensic technologies and services market size was valued at US$ 14,877.7 million in 2019, and is expected to witness a CAGR of 12.8% over the forecast period (2019-2027).

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Drivers:

Factors such as collaborations and partnerships between universities and industries, investment in research and development related to forensic science, technological developments are expected to propel growth of the global forensic technologies and services market. For instance, in between 2009 and 2014, the National Institute of Justice (NIJ) invested US$ 127 million in research and development associated with forensic science.

Furthermore, in 2015, the NIJ partnered with National Institute of Standards and Technology (NIST) and National Science Foundation (NSF) for the development of novel technologies in forensic science.

Moreover, in 2014, National Institute of Justice collaborated with National Science Foundation to start an Industry/University Cooperative Research Center for enhancement of industry and university collaboration in research and development and education in forensic.

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Regional analysis:

The global forensic technologies and services market is regionally divided into North America, Europe, Latin America, Middle East, Asia Pacific, and Africa.

North America is expected to witness significant growth in the global forensic technologies and services market due to growing rate of ferocious crimes in the region. For instance, in 2018, The Federal Bureau of Investigation (FBI) reported 16,214 murders and no careless homicide cases were registered in the U.S.

Moreover, Asia Pacific is also expected to hold a dominant position in the global forensic technologies and services market during the forecast period. This is attributed to growing number of forensic laboratories in the region. For instance, in 2013, Life Technologies, which is a global biotechnology organization announced the launch of first private DNA forensics laboratory in India to speed up sampling procedures decreasing the burden on current forensic labs.

Major players:

Major players functioning in the global market of forensic technologies and services are Creative Forensic Services, Capsicum Group LLC, Illumina, Inc., Agilent Technologies, Inc., eDirect Impact, LLC, Computer Forensic, Inc., and BAE Systems plc.

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Table of Contents

  1. Research Objectives and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Overview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Type
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Industry Trend
    • Mergers and Acquisitions
    • Technology Overview
    • Promotion Initiatives
    • Crime Rates Incidence Ratio
    • Cyber Crime
    • PEST Analysis
  4. Global Forensic Technologies and Services Market, By Type , 2019 – 2027, (US$ Million)
    •  Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017 – 2027
      • Segment Trends
    • Product Type
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027 , (US$ Million)
        • DNA Profiling
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027 , (US$ Million)
        • Biometric Analysis
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027 , (US$ Million)
        • Digital Forensic
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027 , (US$ Million)
        • Chemical Analysis
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027 , (US$ Million)
    • Services
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027 , (US$ Million)
        • Laboratory Forensic (LIMS)
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027 , (US$ Million)
        • Portable Forensics (FaaS)
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027 , (US$ Million)
  5. Global Forensic Technologies and Services Market, By Region, 2019 – 2027, (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, By Region, 2017 – 2026
      • Regional Trends
    • North America
      • Market Size and Forecast, By Type, 2016 – 2027 , (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2027 , (US$ Million)
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast, By Type, 2016 – 2027 , (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2027 , (US$ Million)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Type, 2016 – 2027 , (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2027 , (US$ Million)
        • China
        • Japan
        • India
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast, By Type, 2016 – 2027 , (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2027 , (US$ Million)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Middle East
      • Market Size and Forecast, By Type, 2016 – 2027 , (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2027 , (US$ Million)
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • Market Size and Forecast, By Type, 2016 – 2027 , (US$ Million)
      • Market Size and Forecast, By Country/Region, 2016 – 2027 , (US$ Million)
        • North Africa
        • Central Africa
        • South Africa

View Press Release

About Us:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

Contact US:

Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
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