[197+ Pages Report] Facts & Factors published a report on the global DNA Forensics Market that encompasses a complete market synopsis. The DNA Forensics market is expected to grow at a CAGR value of 8% from an initial value of USD 2.1 Billion in 2020 to USD 3.7 billion by 2027.
The application of technology and genetics-related DNA knowledge in legal settings is referred to as DNA Forensics. There are huge DNA databases created in order to track, identify, and prosecute criminals. In DNA forensics, the genetic materials are scrutinized in criminal cases, human identification, and healthcare research. This study helps differentiate individuals on the basis of their genomes. The DNA samples are generally obtained from sources such as blood, saliva, semen, etc. Growing criminal cases and demand for human protection against violence are driving the DNA forensics market.
Growing security concerns at the ports and national or international borders. Furthermore, the rising terrorist attacks across the globe are another factor bolstering the DNA forensics market during the forecast period.
The rising number of sexual crimes, kidnapping, homicides, and others also encourage the demand for the implementation of DNA forensics. Most importantly, growing government funding for the development of forensic testing kits and advancements in technologies in the field of DNA forensics is projected to help expand the global DNA forensics market over the forecast period. However, the high cost of DNA testing kits and demand for skilled professionals is likely to limit its usage in emerging regions.
The global DNA forensics market is segmented based on the source, technique, application, and regions.
Based on the source, the global DNA Forensics market is divided into hair, blood, bones, and others. By technique, the market is classified into short tandem repeats (STR) analysis, polymerase chain reaction (PCR), restriction fragment length polymorphism (RFLP). On the basis of application, the DNA forensics market is classified into healthcare, biodefense, law enforcement, and others. From the application segment, the law enforcement category is projected to hold the largest market share due to the growing demand for DNA analysis to identify and punish the perpetrators violating the norms of society.
Report Attribute |
Details |
Market Size in 2020 |
USD 2.1 Billion |
Projected Market Size in 2027 |
USD 3.7 billion |
CAGR Growth Rate |
8% CAGR |
Base Year |
2020 |
Forecast Years |
2021-2027 |
Key Market Players |
Agilent Technologies, Inc., EasyDNA, F. Hoffmann-La Roche Ltd, GE Healthcare, Illumina, Inc., LGC Limited, Thermo Fischer Scientific, Inc., QIAGEN, Promega Corporation, and others. |
Key Segment |
By Source, By Technique, By Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Purchase Options |
Request customized purchase options to meet your research needs. Explore purchase options |
North America is projected to hold the highest market share. It is primarily due to the technological advancements in the field of forensics and growing consent for hi-end forensic techniques including DNA profiling. Additionally, the growing number of forensics laboratories equipped with the latest forensic tools are propelling the market in this region. The Asia Pacific is likely to experience faster growth due to the rising rate of crimes, government funding, and advancements in technologies.
Some of the key players participating in the global DNA Forensics market include :
Copyright © 2023 - 2024, All Rights Reserved, Facts and Factors