Forensic Technologies Market

Market Insights

The global forensic technologies market was worth US$ 3,939.6 million in 2017 and is expected to grow at an 8.4% compound annual growth rate (CAGR) from 2018 to 2026. Some of the most significant factors driving the growth of the global forensic technologies market are growing crime rates worldwide, increasing government measures to prevent terrorist attacks, and demand for portable and quick forensic technologies at the scene of a crime. The market is simultaneously driven by technological advancements and applications in DNA testing, fingerprint tracing, and ballistic surveillance.

Growing cases of cybercrime have made both the private and public sectors vulnerable to attacks. The capabilities of forensic technologies have developed, leading to a drop in the price of forensic analysis and expanded use of forensic services. Moreover, enhanced computer data and mobile device recovery, improved fingerprint recovery, real-time DNA sequencers for DNA identification, and sensing technologies to improve drugs and explosive detection are driving the demand for forensic technologies.

The portability of DNA profiling technologies for crime scenes and the development of facial recognition, biometrics, and scanning are other factors that have increased practical application, reduced per-unit costs of the forensic application, and enhanced market penetration of the forensic technologies market.

Market Synopsis

Forensics Technologies Market to be Driven by Technological Advancements

The forensic sector is one of the fastest-growing business sectors in the modern economy, owing to technological changes and growing social demands. In 2017, polymerase chain reaction held the largest share in the global forensic technologies market owing to growth in DNA testing.

For instance, DNA testing has led to the initiation of the Innocence Project in the U.S., which resulted in the acquittal of 350 innocent Americans in 2017. Capillary electrophoresis is expected to exhibit the fastest growth rate during the forecast period due to benefits such as increased resolution, higher speed, minimal consumption of sample, ease in handling, and reduced risk of contamination.

North America Dominated the Global Forensic Technologies Market

In 2017, North America held the largest share of the global forensic technologies market owing to growing crime rates in the region, an increased need for forensic research, and access to the latest technologically advanced forensic techniques. The U.S. accounted for the lion’s share in North America. There has been an increase in the number of forensic laboratories in the country. For instance, the number of forensic laboratories rose from 300 in 1999 to 475 in 2017, owing to the growing demand for forensic analysis.

Moreover, market experts suggest that the rate of digital crimes such as data espionage, cyber-based terrorism, computer intrusions, hacking, malware, and others is relatively higher in the Americas region. Europe is the second-largest region in the global forensic technologies market, whereas Asia-Pacific is projected to grow at the fastest rate owing to growing crime rates in India, China, and other Asian countries. There is a growing demand for forensic investigation in telecom, power, oil and gas, railways, and airports due to terrorism and increasing crimes in the region.

Periods of History and Forecast

This research report presents the analysis of each segment from 2016 to 2026, considering 2017as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments was calculated for the forecast period from 2018 to 2026.

Report Scope by Segments

The Forensic Technologies market report provides quantitative analysis as well as current market trends. The market is segmented based on technology type, application type, and geography.

The market is studied in order to understand the current dynamics and future trends in the global forensic technologies market. The study includes market size and forecasts for all considered segments presented in the report for the period from 2016 to 2026, along with respective compound annual growth rates (CAGRs) for the forecast period from 2018 to 2026, considering 2017 as the base year.

The key players currently engaged in the forensic technologies market include Thermo Fisher Scientific, Inc.; Agilent Technologies, Inc.; SPEX Forensics; Eurofins Scientific; and LGC Forensics, among others. The companies are engaged in the launch of DNA testing products and chemical analysis products for forensic investigation. In September 2018, Thermo Fisher Scientific launched single-quadruple mass spectrometry for LC-MS routine analysis.

Key questions are answered in this report.

• How will the global market for forensic technologies perform during the forecast period from 2018 to 2026?
• What are the latest trends in the forensic technology market and valuable opportunities for key players?
• Who are the leading players in the global forensic technologies market?
• Which region leads and grows the most in the global forensic technologies market?
• What are the drivers and restraints governing the global market for forensic technologies?

Chapter 1. Preface
1.1. Report Description
1.1.1. Study Purpose
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Assumptions
1.4. Market Segmentation

Chapter 2. Executive Summary
2.1. Global FT Market Portraiture
2.2. Global FT Market, by Technology Type, 2017 (US$ Mn)
2.3. Global FT Market, by Application Type, 2017 (US$ Mn)
2.4. Global FT Market, by Geography, 2017 (US$ Mn)

Chapter 3. Forensic Technologies (FT) Market Dynamics and Outlook
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Opportunities
3.5. Attractive Investment Proposition, by Geography, 2017
3.6. Competitive Analysis: Global FT Market, by Key Players, 2017

Chapter 4. Global Forensic Technologies (FT) Market, by Technology Type, 2016-2026 (US$ Mn)
4.1. Overview
4.2. DNA Testing
4.2.1. Polymerase Chain Reaction (PCR)
4.2.2. Next-Generation Sequencing
4.2.3. Microarrays
4.3. Chemical Analysis
4.4. Automated Liquid Handling Technology
4.5. Capillary Electrophoresis
4.6. Biometric/Fingerprint Analysis
4.7. Firearm Analysis
4.8. Others

Chapter 5. Global Forensic Technologies (FT) Market, by Application, 2016 – 2026 (US$ Mn)
5.1. Overview
5.2. Pharmacogenetics
5.3. Biodefense & Biosurveillance
5.4. Judicial/Law Enforcement
5.5. Digital Forensics
5.6. Others

Chapter 6. Global Forensic Technologies (FT) Market, by Geography, 2016 – 2026 (US$ Mn)
6.1. North America FT Market Analysis, 2016 – 2026
6.1.1. North America FT Market, by Technology Type, 2016 – 2026 (US$ Mn)
6.1.2. North America FT Market, by Application Type, 2016 – 2026 (US$ Mn)
6.1.3. North America FT Market, by Country, 2016 – 2026 (US$ Mn)
6.1.3.1. U.S.
6.1.3.2. Canada
6.2. Europe FT Market Analysis, 2016 – 2026
6.2.1. Europe FT Market, by Technology Type, 2016 – 2026 (US$ Mn)
6.2.2. Europe FT Market, by Application Type, 2016 – 2026 (US$ Mn)
6.2.3. Europe FT Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.2.3.1. U.K.
6.2.3.2. Germany
6.2.3.3. Rest of Europe
6.3. Asia Pacific FT Market Analysis, 2016 – 2026
6.3.1. Asia Pacific FT Market, by Technology Type, 2016 – 2026 (US$ Mn)
6.3.2. Asia Pacific FT Market, by Application Type, 2016 – 2026 (US$ Mn)
6.3.3. Asia Pacific FT Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.3.3.1. China
6.3.3.2. Japan
6.3.3.3. Rest of Asia Pacific
6.4. Latin America FT Market Analysis, 2016 – 2026
6.4.1. Latin America FT Market, by Technology Type, 2016 – 2026 (US$ Mn)
6.4.2. Latin America FT Market, by Application Type, 2016 – 2026 (US$ Mn)
6.4.3. Latin America FT Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.4.3.1. Brazil
6.4.3.2. Mexico
6.4.3.3. Rest of Latin America
6.5. Middle East & Africa FT Market, 2016 – 2026
6.5.1. Middle East & Africa FT Market, by Technology Type, 2016 – 2026 (US$ Mn)
6.5.2. Middle East & Africa FT Market, by Application Type, 2016 – 2026 (US$ Mn)
6.5.3. Middle East & Africa FT Market, by Region, 2016 – 2026 (US$ Mn)
6.5.3.1. GCC
6.5.3.2. Rest of Middle East & Africa

Chapter 7. Company Profiles
7.1. Agilent Technologies, Inc.
7.1.1. Business Description
7.1.2. Financial Information (Subject to Data Availability)
7.1.3. Product Portfolio
7.1.4. News Coverage
7.2. GE Healthcare
7.3. Morpho Group
7.4. Thermo Fisher Scientific, Inc.
7.5. Eurofins Scientific
7.6. SPEX Forensics
7.7. LGC Forensics
7.8. Neogen Corporation
7.9. NMS Labs
7.10. Forensic Pathways

List of Figures

FIG 1. Forensic Technologies (FT) Market Research Methodology
FIG 2. FT Market Segmentation
FIG 3. Global FT Market, by Technology Type, 2017 (US$ Mn)
FIG 4. Global FT Market, by Application Type, 2017 (US$ Mn)
FIG 5. Global FT Market, by Geography, 2017 (US$ Mn)
FIG 6. Attractive Investment Proposition, by Geography, 2017
FIG 7. Competitive Analysis: Global FT Market, by Key Players, 2017
FIG 8. Global Polymerase Chain Reaction (PCR) Market in DNA Testing, 2016-2026 (US$ Mn)
FIG 9. Global Next-Generation Sequencing Market in DNA Testing, 2016-2026(US$ Mn)
FIG 10. Global Microarrays Market in DNA Testing, 2016-2026(US$ Mn)
FIG 11. Global Chemical Analysis Market in Forensic Technologies, 2016-2026(US$ Mn)
FIG 12. Global Automated Liquid Handling Technology Market in Forensic Technologies, 2016-2026(US$ Mn)
FIG 13. Global Capillary Electrophoresis Market in Forensic Technologies, 2016-2026(US$ Mn)
FIG 14. Global Biometric/Fingerprint Analysis Market in Forensic Technologies, 2016-2026(US$ Mn)
FIG 15. Global Firearm Analysis Market in Forensic Technologies, 2016-2026(US$ Mn)
FIG 16. Global Other Technologies arket in Forensic Technologies, 2016-2026(US$ Mn)
FIG 17. Global Pharmacogenetics Application in FT Market, 2016-2026(US$ Mn)
FIG 18. Global Biodefense & Biosurveillance Application in FT Market, 2016-2026(US$ Mn)
FIG 19. Global Judicial/Law Enforcement Application in FT Market, 2016-2026(US$ Mn)
FIG 20. Global Digital Forensics Application in FT Market, 2016-2026(US$ Mn)
FIG 21. Global Other Application in FT Market, 2016-2026(US$ Mn)
FIG 22. U.S. FT Market, 2016-2026 (US$ Mn)
FIG 23. Canada FT Market, 2016-2026 (US$ Mn)
FIG 24. U.K. FT Market, 2016-2026 (US$ Mn)
FIG 25. Germany FT Market, 2016-2026 (US$ Mn)
FIG 26. Rest of Europe FT Market, 2016-2026 (US$ Mn)
FIG 27. China FT Market, 2016-2026 (US$ Mn)
FIG 28. Japan FT Market, 2016-2026 (US$ Mn)
FIG 29. Rest of Asia Pacific FT Market, 2016-2026 (US$ Mn)
FIG 30. Brazil FT Market, 2016-2026 (US$ Mn)
FIG 31. Mexico FT Market, 2016-2026 (US$ Mn)
FIG 32. Rest of Latin America FT Market, 2016-2026 (US$ Mn)
FIG 33. GCC FT Market, 2016-2026 (US$ Mn)
FIG 34. Rest of Middle East & Africa FT Market, 2016-2026 (US$ Mn)

List of Tables

TABLE 1 Global Forensic Technologies (FT) Market Portraiture
TABLE 2 Global FT Market, by Technology Type, 2016 – 2026 (US$ Mn)
TABLE 3 Global FT Market, by DNA Testing, 2016 – 2026 (US$ Mn)
TABLE 4 Global FT Market, by Application Type, 2016 – 2026 (US$ Mn)
TABLE 5 Global FT Market, by Geography, 2016 – 2026 (US$ Mn)
TABLE 6 North America FT Market, by Technology Type, 2016 – 2026 (US$ Mn)
TABLE 7 North America FT Market, by Application Type, 2016 – 2026 (US$ Mn)
TABLE 8 North America Forensic Technologies Devices Market, by Country, 2016 – 2026 (US$ Mn)
TABLE 9 Europe FT Market, by Technology Type, 2016 – 2026 (US$ Mn)
TABLE 10 Europe FT Market, by Application Type, 2016 – 2026 (US$ Mn)
TABLE 11 Europe FT Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 12 Asia Pacific FT Market, by Technology Type, 2016 – 2026 (US$ Mn)
TABLE 13 Asia Pacific FT Market, by Application Type, 2016 – 2026 (US$ Mn)
TABLE 14 Asia Pacific FT Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 15 Latin America FT Market, by Technology Type, 2016 – 2026 (US$ Mn)
TABLE 16 Latin America FT Market, by Application Type, 2016 – 2026 (US$ Mn)
TABLE 17 Latin America FT Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 18 Middle East & Africa FT Market, by Technology Type, 2016 – 2026 (US$ Mn)
TABLE 19 Middle East & Africa FT Market, by Application Type, 2016 – 2026 (US$ Mn)
TABLE 20 Middle East & Africa FT Market, by Region, 2016 – 2026 (US$ Mn)
TABLE 21 Agilent Technologies, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 22 GE Healthcare: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 23 Morpho Group: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 24 Thermo Fisher Scientific, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 25 Eurofins Scientific: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 26 SPEX Forensics: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 27 LGC Forensics: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 28 Neogen Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 29 NMS Labs: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 30 Forensic Pathways: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)