Forensic LIMS Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

The forensic LIMS is created for the medical examiner offices and forensic laboratories which addresses issues faced by the public safety sector, and different levels of security agencies. The system is heavily used by varied size of laboratories, as it support the lab techs to verify different evidences. This systems also assists in providing chain of custody along with Narcotic Bank and DNA matching features. The demand for the forensic LIMS is expected to grow over the years owing to the rise in number of narcotics and drug exploitation cases across the globe.

MARKET DYNAMICS

Factors such as need to enhance the efficiency of laboratories to avoid fraudulent or illegal activities, strict government regulation to deploy LIMS within laboratories plays a major role in driving the growth of the forensic LIMS market. In addition to this, growing adoption of LIMS in narcotics industry is anticipated to provide ample of growth opportunities to the players operating in the forensic LIMS market.

MARKET SCOPE

The "Global Forensic LIMS Market Analysis to 2031" is a specialized and in-depth study of the technology, media and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the forensic LIMS market with detailed market segmentation by component, deployment model, application, and geography. The global forensic LIMS market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading forensic LIMS market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global forensic LIMS market is segmented on the basis of component, deployment model, and application. Based on component, the forensic LIMS market is segmented into software and services. On the basis of deployment model, the forensic LIMS market is segmented into on-premise and cloud. Further, the forensic LIMS market is segmented on the basis of application into narcotics, DNA banking, kinship and paternity, crime scene investigation, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global forensic LIMS market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The forensic LIMS market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the forensic LIMS market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the ion milling in these regions.

Forensic LIMS Market Report Analysis

Forensic LIMS Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• Abbott Laboratories
• Forensic Advantage Systems (THIncIT LLC)
• LabSoft LIMS (Computing Solutions, Inc.)
• LabWare
• LabVantage Solutions Inc.
• LabLynx, Inc.
• QueTel Corporation
• Sorenson Forensics, LLC
• Thermo Fisher Scientific Inc.

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Component

• Software
• Services

By Deployment Model

• On-Premise
• Cloud

By Application

• Narcotics
• DNA Banking
• Kinship and Paternity
• Crime Scene Investigation

MARKET PLAYERS

The reports cover key developments in the forensic LIMS market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from forensic LIMS market are anticipated to lucrative growth opportunities in the future with the rising demand for ion milling in the global market. Below mentioned is the list of few companies engaged in the forensic LIMS market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the forensic LIMS market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•  Abbott Laboratories
•  Forensic Advantage Systems (THIncIT LLC)
•  LabSoft LIMS (Computing Solutions, Inc.)
•  LabWare
•  LabVantage Solutions Inc.
•  LabLynx, Inc.
•  QueTel Corporation
•  Sorenson Forensics, LLC
•  Thermo Fisher Scientific Inc.
•  Verisis A.S.

The Insight Partners dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Forensic LIMS Market Report Scope