Forensic Technology Market Developments by 2031
Forensic science is the branch of science that deals with solving of crimes, with the help of various science streams such as, chemistry, biology, psychology and physics. It has become a vital aspect of the judicial system, since it uses a vast spectrum of sciences to achieve information relevant to criminal and legal evidence. The use of forensic technology is mostly utilized in laboratories, however, certain tests need to be conducted on the spot in order to obtain better results related to the crime.
MARKET DYNAMICS
The forensic technology market is anticipated to grow in the forecast, owing to growing use of DNA testing and increasing crime rates. In addition, presence of promising product pipeline is expected to offer significant growth opportunities in the market during the forecast period.
MARKET SCOPE
The "Global Forensic Technology Market Analysis to 2031" is a specialized and in-depth study of the pharmaceutical industry with a special focus on the global market trend analysis. The report aims to provide an overview of forensic technology market with detailed market segmentation by type, application and geography. The global forensic technology market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading forensic technology market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global forensic technology market is segmented on the basis of type and application. Based on type, the market is classified as, automated liquid handling technology, capillary electrophoresis, microarrays, next generation sequencing, polymerase chain reaction, rapid DNA analysis, and other types. On the basis of application, the global forensic technology market is segmented into, biodefense & biosurveillance, judicial or law enforcement, pharmacogenetics, and other applications.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global forensic technology market based on various segments. It also provides market size and forecast estimates from 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 technology market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting forensic technology market from both demand and supply side and further evaluates market dynamics effecting 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 effecting the forensic technology market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global forensic technology market based on various segments. It also provides market size and forecast estimates from 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 technology market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting forensic technology market from both demand and supply side and further evaluates market dynamics effecting 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 effecting the forensic technology market in these regions.
MARKET PLAYERS
The reports cover key developments in the forensic technology 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 expansion of business and customer base of market players. The market payers from forensic technology market are anticipated to lucrative growth opportunities in the future with the rising demand for forensic technology market in the global market. Below mentioned is the list of few companies engaged in the forensic technology market.
The report also includes the profiles of key forensic technology market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Agilent Technologies, Inc.
- Eurofins Scientific
- Forensic Fluids Laboratories
- Forensic Pathways
- GENERAL ELECTRIC COMPANY
- HORIBA, Ltd.
- IDEMIA
- NEOGEN CORPORATION
- NMS Labs
- Thermo Fisher Scientific Inc.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Forensic Technology Market - By Type
1.3.2 Forensic Technology Market - By Application
1.3.3 Forensic Technology Market - By Region
1.3.3.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. FORENSIC TECHNOLOGY MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. FORENSIC TECHNOLOGY MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. FORENSIC TECHNOLOGY MARKET - GLOBAL MARKET ANALYSIS
6.1. FORENSIC TECHNOLOGY - GLOBAL MARKET OVERVIEW
6.2. FORENSIC TECHNOLOGY - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. FORENSIC TECHNOLOGY MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. AUTOMATED LIQUID HANDLING TECHNOLOGY
7.3.1. Overview
7.3.2. Automated Liquid Handling Technology Market Forecast and Analysis
7.4. CAPILLARY ELECTROPHORESIS
7.4.1. Overview
7.4.2. Capillary Electrophoresis Market Forecast and Analysis
7.5. MICROARRAYS
7.5.1. Overview
7.5.2. Microarrays Market Forecast and Analysis
7.6. NEXT GENERATION SEQUENCING
7.6.1. Overview
7.6.2. Next Generation Sequencing Market Forecast and Analysis
7.7. POLYMERASE CHAIN REACTION (PCR)
7.7.1. Overview
7.7.2. Polymerase Chain Reaction (PCR) Market Forecast and Analysis
7.8. RAPID DNA ANALYSIS
7.8.1. Overview
7.8.2. Rapid DNA Analysis Market Forecast and Analysis
7.9. OTHER TYPES
7.9.1. Overview
7.9.2. Other Types Market Forecast and Analysis
8. FORENSIC TECHNOLOGY MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. BIODEFENSE & BIOSURVEILLANCE
8.3.1. Overview
8.3.2. Biodefense & Biosurveillance Market Forecast and Analysis
8.4. JUDICIAL OR LAW ENFORCEMENT
8.4.1. Overview
8.4.2. Judicial or Law Enforcement Market Forecast and Analysis
8.5. PHARMACOGENETICS
8.5.1. Overview
8.5.2. Pharmacogenetics Market Forecast and Analysis
8.6. OTHER APPLICATIONS
8.6.1. Overview
8.6.2. Other Applications Market Forecast and Analysis
9. FORENSIC TECHNOLOGY MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Forensic Technology Market Overview
9.1.2 North America Forensic Technology Market Forecasts and Analysis
9.1.3 North America Forensic Technology Market Forecasts and Analysis - By Type
9.1.4 North America Forensic Technology Market Forecasts and Analysis - By Application
9.1.5 North America Forensic Technology Market Forecasts and Analysis - By Countries
9.1.5.1 United States Forensic Technology Market
9.1.5.1.1 United States Forensic Technology Market by Type
9.1.5.1.2 United States Forensic Technology Market by Application
9.1.5.2 Canada Forensic Technology Market
9.1.5.2.1 Canada Forensic Technology Market by Type
9.1.5.2.2 Canada Forensic Technology Market by Application
9.1.5.3 Mexico Forensic Technology Market
9.1.5.3.1 Mexico Forensic Technology Market by Type
9.1.5.3.2 Mexico Forensic Technology Market by Application
9.2. EUROPE
9.2.1 Europe Forensic Technology Market Overview
9.2.2 Europe Forensic Technology Market Forecasts and Analysis
9.2.3 Europe Forensic Technology Market Forecasts and Analysis - By Type
9.2.4 Europe Forensic Technology Market Forecasts and Analysis - By Application
9.2.5 Europe Forensic Technology Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Forensic Technology Market
9.2.5.1.1 Germany Forensic Technology Market by Type
9.2.5.1.2 Germany Forensic Technology Market by Application
9.2.5.2 France Forensic Technology Market
9.2.5.2.1 France Forensic Technology Market by Type
9.2.5.2.2 France Forensic Technology Market by Application
9.2.5.3 Italy Forensic Technology Market
9.2.5.3.1 Italy Forensic Technology Market by Type
9.2.5.3.2 Italy Forensic Technology Market by Application
9.2.5.4 Spain Forensic Technology Market
9.2.5.4.1 Spain Forensic Technology Market by Type
9.2.5.4.2 Spain Forensic Technology Market by Application
9.2.5.5 United Kingdom Forensic Technology Market
9.2.5.5.1 United Kingdom Forensic Technology Market by Type
9.2.5.5.2 United Kingdom Forensic Technology Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Forensic Technology Market Overview
9.3.2 Asia-Pacific Forensic Technology Market Forecasts and Analysis
9.3.3 Asia-Pacific Forensic Technology Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Forensic Technology Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Forensic Technology Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Forensic Technology Market
9.3.5.1.1 Australia Forensic Technology Market by Type
9.3.5.1.2 Australia Forensic Technology Market by Application
9.3.5.2 China Forensic Technology Market
9.3.5.2.1 China Forensic Technology Market by Type
9.3.5.2.2 China Forensic Technology Market by Application
9.3.5.3 India Forensic Technology Market
9.3.5.3.1 India Forensic Technology Market by Type
9.3.5.3.2 India Forensic Technology Market by Application
9.3.5.4 Japan Forensic Technology Market
9.3.5.4.1 Japan Forensic Technology Market by Type
9.3.5.4.2 Japan Forensic Technology Market by Application
9.3.5.5 South Korea Forensic Technology Market
9.3.5.5.1 South Korea Forensic Technology Market by Type
9.3.5.5.2 South Korea Forensic Technology Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Forensic Technology Market Overview
9.4.2 Middle East and Africa Forensic Technology Market Forecasts and Analysis
9.4.3 Middle East and Africa Forensic Technology Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Forensic Technology Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Forensic Technology Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Forensic Technology Market
9.4.5.1.1 South Africa Forensic Technology Market by Type
9.4.5.1.2 South Africa Forensic Technology Market by Application
9.4.5.2 Saudi Arabia Forensic Technology Market
9.4.5.2.1 Saudi Arabia Forensic Technology Market by Type
9.4.5.2.2 Saudi Arabia Forensic Technology Market by Application
9.4.5.3 U.A.E Forensic Technology Market
9.4.5.3.1 U.A.E Forensic Technology Market by Type
9.4.5.3.2 U.A.E Forensic Technology Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Forensic Technology Market Overview
9.5.2 South and Central America Forensic Technology Market Forecasts and Analysis
9.5.3 South and Central America Forensic Technology Market Forecasts and Analysis - By Type
9.5.4 South and Central America Forensic Technology Market Forecasts and Analysis - By Application
9.5.5 South and Central America Forensic Technology Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Forensic Technology Market
9.5.5.1.1 Brazil Forensic Technology Market by Type
9.5.5.1.2 Brazil Forensic Technology Market by Application
9.5.5.2 Argentina Forensic Technology Market
9.5.5.2.1 Argentina Forensic Technology Market by Type
9.5.5.2.2 Argentina Forensic Technology Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. FORENSIC TECHNOLOGY MARKET, KEY COMPANY PROFILES
11.1. AGILENT TECHNOLOGIES, INC.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. EUROFINS SCIENTIFIC
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. FORENSIC FLUIDS LABORATORIES
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. FORENSIC PATHWAYS
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. GENERAL ELECTRIC COMPANY
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. HORIBA, LTD.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. IDEMIA
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. NEOGEN CORPORATION
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. NMS LABS
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. THERMO FISHER SCIENTIFIC INC.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Agilent Technologies, Inc.2. Eurofins Scientific3. Forensic Fluids Laboratories4. Forensic Pathways5. GENERAL ELECTRIC COMPANY6. HORIBA, Ltd.7. IDEMIA8. NEOGEN CORPORATION9. NMS Labs10. Thermo Fisher Scientific Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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