Forensic Technologies Market by Technique and Geography - Forecast and Analysis 2021-2025

  • Published: May 2021
  • Pages: 120
  • SKU: IRTNTR44302
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The forensic technologies market size will grow up to $ 8.30 bn at a CAGR of 8% during 2021-2025.

The forensic technologies market report extensively covers market segmentations by Geography (North America, Europe, Asia, and ROW) and potential market drivers that the vendors are capitalizing on to sustain profitable growth. Furthermore, read about the latest key findings on the post COVID-19 impact on the market from this report.

What will the Forensic Technologies Market Size be in 2021?

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Forensic Technologies Market: Key Drivers and Trends

According to our research output, there has been a neutral impact on the market growth post COVID-19 era. Key drivers such as the increasing crime rate demanding better investigation methods are notably supporting the forensic technologies market growth. However, one of the foremost factors impeding market growth is inherent issues in forensic science. Get detailed insights on the trends and challenges to stay prepared for the obstacles in the future, which will help companies analyze and develop growth strategies.

This post-pandemic forensic technologies market report has assessed the shift in consumer behavior and identified and explored the upcoming trends, drivers, and challenges that will have a far-reaching effect on the market growth. Understanding market trends is essential for identifying new business opportunities across segmentations and geographies.

Who are the Major Forensic Technologies Market Vendors?

The forensic technologies market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The leading companies included in the report are as follows:

  • AB SCIEX LLC
  • Agilent Technologies Inc.
  • Cytiva
  • Illumina Inc.
  • LGC Ltd.
  • NMS Labs
  • Promega Corp.
  • QIAGEN NV
  • Shimadzu Corp.
  • Thermo Fisher Scientific Inc.

From our Porter’s five forces analysis study, get detailed insights on the functional involvement of the buyers and suppliers to form well-rounded knowledge about the supply chain and create cost reduction plans. The forensic technologies market analysis report also contains exhaustive observation on the organic and inorganic growth strategies deployed by the vendors. Click here to uncover details of successful business strategies adopted by the vendors.

Furthermore, 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. Buy the full forensic technologies market statistics report to understand the magnitude of the economic impact on each segment and recovery expectations.

Download a free sample of the forensic technologies 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 Forensic Technologies Market?

Forensic Technologies Market Share by Geography

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33% of the market’s growth will originate from Europe during the forecast period. US, UK, China, Germany, and Japan are the key markets for forensic technologies market in Europe.

The report offers an up-to-date analysis of the geographical composition of the market. Europe has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Increasing use of DNA profiling for less viable DNA samples will facilitate the forensic technologies market growth in Europe 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 Geography Segments in the Forensic Technologies Market?

Forensic Technologies Market Share by Geography

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The forensic technologies market report provides comprehensive understanding of the subsets of our target market to earmark niche customer groups and simplify demographic requirements. In addition, the report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency. The forensic technologies market share growth by the __ segment has been significant and is expected to provide significant growth opportunities to market vendors.

Request for a free sample of the report to get an exclusive glimpse of 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 forensic technologies market size.

Forensic Technologies Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 8%

Market growth 2021-2025

$ 8.30 billion

Market structure

Fragmented

YoY growth (%)

5.92

Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

Europe at 33%

Key consumer countries

US, UK, China, Germany, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

AB SCIEX LLC, Agilent Technologies Inc., Cytiva, Illumina Inc., LGC Ltd., NMS Labs, Promega Corp., QIAGEN NV, Shimadzu Corp., and Thermo Fisher Scientific Inc.

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

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

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive forensic technologies market growth during the next five years
  • Precise estimation of the forensic technologies market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the forensic technologies market 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 forensic technologies market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

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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

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

    Market Segmentation by Technique

    • Market segments
    • Comparison by Technique
    • Capillary electrophoresis - Market size and forecast 2020-2025
    • PCR - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by Technique

    Customer landscape

    • Customer landscape

    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
    • AB SCIEX LLC
    • Agilent Technologies Inc.
    • Cytiva
    • Illumina Inc.
    • LGC Ltd.
    • NMS Labs
    • Promega Corp.
    • QIAGEN NV
    • Shimadzu Corp.
    • Thermo Fisher Scientific Inc.

    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.

    TechnavioINFORMATION 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
    Technavio

    TechnavioDATA 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
    Technavio

    TechnavioREPORT WRITING

    Qualitative

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

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
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    The forensic technologies market growth will increase by $8881.70 million during 2019-2024.
    The forensic technologies market is expected to grow at a CAGR of 8.38% during 2019-2024.
    Technavio has segmented the forensic technologies market by technique (Capillary electrophoresis, PCR, and Others) and geographic (North America, Europe, APAC, South America, and MEA).
    AB SCIEX LLC, Agilent Technologies Inc., Cytiva, Illumina Inc., LGC Ltd., NMS Labs, Promega Corp., QIAGEN NV, Shimadzu Corp., Thermo Fisher Scientific Inc. are a few of the key vendors in the forensic technologies market.
    North America will register the highest growth rate of 31.49% among the other regions. Therefore, the forensic technologies market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the forensic technologies market growth are:
    • Increasing crime rate demanding better investigation methods
    • Growing importance of NGS
    The forensic technologies market vendors should focus on grabbing business opportunities from the capillary electrophoresis segment as it accounted for the largest market share in the base year.
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