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 has the potential to grow by USD 8.30 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 7.55%.
The forensic technologies market report extensively covers market segmentations by technique (capillary electrophoresis, PCR, and others) and 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?
Browse TOC and LoE with selected illustrations and example pages of Forensic Technologies Market
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 trends and drivers that will help market players outmaneuver challenges. Technology innovations, implementation, and improvisation scope identified in the forensic technologies market trends is essential for building 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 profiles covered in the report are as follows:
- AB SCIEX LLC
- Agilent Technologies Inc.
- Illumina Inc.
- LGC Ltd.
- NMS Labs
- Promega Corp.
- QIAGEN NV
- Shimadzu Corp.
- Thermo Fisher Scientific Inc.
The forensic technologies market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed 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.
For insights on complete key vendor profiles, download a free sample of the forensic technologies market forecast report. The profiles include information on the production, sustainability, and prospects of the leading companies. The report's vendor landscape section also provides industry risk assessment in terms of labor cost, raw material price fluctuation, and other parameters, which is crucial for effective business planning.
Which are the Key Regions for Forensic Technologies Market?
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The UK and Germany are the key markets for forensic technologies in Europe. Learn about the key, emerging, and untapped markets from our forensic technologies market size, share, & trends analysis report for targeting your business efforts toward promising growth regions. 33% of the market’s growth will originate from Europe during the forecast period.
Europe has been recording significant growth rate and is expected to offer several business opportunities to market vendors during the forecast period. One of the key factors driving the growth in Europe is increasing use of DNA profiling for less viable DNA samples. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
What are the Revenue-generating Technique Segments in the Forensic Technologies Market?
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 capillary electrophoresis segment has been significant and is expected to provide significant growth opportunities to market vendors.
This report provides thorough forensic technologies market segment analysis that will help you gauge the existing competition, demographics, lucrative target customer groups, solutions to improve sales and services, and other crucial market intelligence data. 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 and the growth of the forensic technologies market size.
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
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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.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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Frequently Asked Questions?
- Increasing crime rate demanding better investigation methods
- Growing importance of NGS
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