DNA Forensic Solution Market by Application and Geography - Forecast and Analysis 2021-2025

Published: Jul 2021 Pages: 120 SKU: IRTNTR45792

The DNA forensic solution market has the potential to grow by USD 3.35 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 15.02%.

This DNA forensic solution market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by application (law enforcement, biodefence, healthcare, and physical security) and geography (North America, Europe, Asia, and ROW). The DNA forensic solution market report also offers information on several market vendors, including IDEMIA, DNA Solutions Inc., M2SYS Technology, M Vac Systems Inc., Agilent Technologies Inc., Applied DNA Sciences Inc., Eurofins Scientific SE, General Electric Co., and Laboratory Corp. of America Holdings among others.

What will the DNA Forensic Solution Market Size be in 2021?

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DNA Forensic Solution Market: Key Drivers and Trends

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The rising need to curb growing instances of terrorist attacks is notably driving the DNA forensic solution market growth, although factors such as threat to privacy may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the DNA forensic solution market industry get your FREE report sample now.

  • Rising need to curb growing instances of terrorist attacks is a key driver boosting the DNA forensic solution market growth.
  • Many developed and developing countries have numerous security threats. For instance, the recent France attack in November 2020 has increased the need for DNA sampling to identify victims and attackers.
  • To prevent and take precautions against border and terrorist attacks, governments of every country have taken initiatives to investigate and identify criminals, fostering the demand for DNA forensic solutions.
  • Growing innovations in technologies for investigation will be another key driver influencing the DNA forensic solution market growth.
  • Many instances of plane hijackings, suicide attacks, and bomb explosions have been reported in the past. These terrorist attacks were accomplished because of the lack of security measures and the inefficiency of crime detection systems.
  • Innovation in technologies helps in improving the detection sensitivity, which will be helpful in gathering additional data from biological samples. These advances in technology in DNA forensic will create a high demand for DNA forensic solutions.

This DNA forensic solution market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major DNA Forensic Solution Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • IDEMIA
  • DNA Solutions Inc.
  • M2SYS Technology
  • M Vac Systems Inc.
  • Agilent Technologies Inc.
  • Applied DNA Sciences Inc.
  • Eurofins Scientific SE
  • General Electric Co.
  • Laboratory Corp. of America Holdings

 

The DNA forensic solution market is concentrated and the vendors are deploying growth strategies such as focusing on technological advances to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the DNA forensic solution market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for DNA Forensic Solution Market?

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35% of the market’s growth will originate from North America during the forecast period. The US is the key market for DNA forensic solution market in North America. Market growth in this region will be slower than the growth of the market in Asia.

The government initiatives in the form of funding to support forensic research will facilitate the DNA forensic solution market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Application Segments in the DNA Forensic Solution Market?

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The DNA forensic solution market share growth by the law enforcement segment will be significant during the forecast period. DNA forensic solution plays an important role in the law enforcement sector, as it helps in providing scientific information by analyzing physical evidence. It helps law enforcement agencies in identifying the crime victim, matching suspected crimes, and absolving persons who are wrongly accused of crimes. Such factors will influence the law enforcement segment growth during 2021-2025.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the DNA forensic solution market size.

 

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What are the Key Factors Covered in this DNA Forensic Solution Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive DNA forensic solution market growth during the next five years
  • Precise estimation of the DNA forensic solution market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the DNA forensic solution market industry across North America, Europe, Asia, and ROW
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of DNA forensic solution market vendors

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DNA Forensic Solution Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 15.02%

Market growth 2021-2025

$ 3.35 billion

Market structure

Concentrated

YoY growth (%)

14.61

Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

North America at 35%

Key consumer countries

US, UK, Germany, China, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

IDEMIA, DNA Solutions Inc., M2SYS Technology, M Vac Systems Inc., Agilent Technologies Inc., Applied DNA Sciences Inc., Eurofins Scientific SE, General Electric Co., and Laboratory Corp. of America Holdings

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Law enforcement - Market size and forecast 2020-2025
    • Biodefence - Market size and forecast 2020-2025
    • Healthcare - Market size and forecast 2020-2025
    • Physical security - Market size and forecast 2020-2025
    • Market opportunity by Application

    Customer landscape

    • Overview

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • Asia - Market size and forecast 2020-2025
    • ROW - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Overview
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • IDEMIA
    • DNA Solutions Inc.
    • M2SYS Technology
    • M Vac Systems Inc.
    • Agilent Technologies Inc.
    • Applied DNA Sciences Inc.
    • Eurofins Scientific SE
    • General Electric Co.
    • Laboratory Corp. of America Holdings

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    INFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases

    DATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts

    REPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape

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    Key Questions Answered

    • What are the key global market and the regional market share?
    • What are the revenue-generating key market segments?
    • What are the key factors driving and challenging this market’s growth?
    • Who are the key market vendors and their growth strategies?
    • What are the latest trends influencing the growth of this market?
    • What are the variables influencing the market growth in the primary regions?
    • What are the factors influencing the growth of the parent market?

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