Forensic Technology Market Analysis

  • Report ID: 5074
  • Published Date: Oct 09, 2024
  • Report Format: PDF, PPT

Forensic Technology Market Analysis

Service (DNA Profiling, Chemical Analysis, Biometric Analysis, Firearms Identification)

The DNA profiling segment in the forensic technology market is estimated to gain a robust revenue share of 45% in the coming years owing to the rising natural disasters. Among all-natural disasters, flooding and strong storm occurrences have grown the most recently that are caused by meteorological conditions or more likely as a result of changing climatic circumstances, particularly as the world's temperatures rise. Moreover, over the past 50 years, the number of weather-related disasters has increased five-fold, as the frequency and duration of natural hazards are being affected by the slow increase in global temperatures. These natural disasters lead to several fatalities and many people go missing which necessitates DNA profiling. 

DNA profiling is a cutting-edge forensic technology used by forensic investigators that can be used to identify people based on their distinctive genetic make-up and is one of the most effective and trustworthy methods for locating bodies or separated body pieces since a mass disaster's exterior environment frequently causes significant fragmentation, decomposition, and mixing of the remains. Moreover, it is a crucial means of identifying catastrophe victims, especially when other methods are impractical or inconclusive, and is used to identify human remains that have been so severely deteriorated, mixed with, or damaged that they could otherwise have been lost to history. All these factors have led to an increase in demand for forensic technology. In 2021, flood disasters occurred more frequently than ever, with over a 45% increase over historical levels and roughly 4,390 fatalities across the globe.

Additionally, by service the chemical analysis segment is poised to gain a notable market share during the forecast timeframe. Chemical analysis is carried out to determine the amount of alcohol present in a given volume of a beverage that is done to check the exhibits for the presence of ethyl alcohol which is most frequently measured using a portable breathalyzer.

Moreover, in forensic laboratories, ethanol (alcohol) analysis is essential among the instances that are investigated are those in which alcohol use or presence is in question and is applied to all forensic samples that the crime lab examines to ascertain whether and how much ethanol is present.

Application (Pharmacogenetics, Biodefense & Bio-Surveillance, Judicial and Law Enforcement)

Forensic technology market from the judicial and law enforcement segment is set to garner a notable share of 36% shortly on the account of rising generation of DNA databases. A DNA database is a government repository for DNA profiles that can be used for criminological genetic fingerprinting and the investigation of hereditary illnesses which is used by judicial and law enforcement to compare forensic evidence to identify a suspect using biological crime scene evidence in this way.

Furthermore, pharmacogenetics segment is anticipated to garner substantial market share by the year 2037. The primary focus of pharmacogenetics is the human germline and DNA variation research that examines how your body reacts to various medications. Pharmacogenetics plays a significant role in forensic toxicology, which examines how genetic variants result in variances in how people react to medications and can facilitate the prediction of the anticipated clinical response to a particular medicine.

Location (Laboratory Forensics Technology, Portable Forensics Technology)

The laboratory forensics technology segment is expected to hold 71% share of the global forensic technology market during the forecast period. Investigators use forensic lab techniques to assist them in cracking cases of murder, hit-and-run, arson, and drug busts, and examine the evidence gathered from victims, suspects, and crime sites including DNA, fingerprints, human remains, and suspicious objects.

Our in-depth analysis of the global market includes the following segment

          Service

  • DNA Profiling
  • Chemical Analysis
  •  Biometric Analysis
  • Firearms Identification

          Type

  • Polymerase Chain Reaction (PCR)
  • Capillary Electrophoresis
  • Next-Generation Sequencing
  •  Rapid DNA Analysis
  •  Automated Liquid Handling Technology
  • Microarrays

          Application

  • Pharmacogenetics
  • Biodefense & Bio-Surveillance
  • Judicial and Law Enforcement

          Location

  • Laboratory Forensics Technology
  • Portable Forensics Technology
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Author Credits:  Radhika Pawar


  • Report ID: 5074
  • Published Date: Oct 09, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of forensic technology is estimated at USD 17.2 billion.

The forensic technology market size was over USD 15.96 billion in 2024 and is poised to exceed USD 53.18 billion by the end of 2037, witnessing over 9.7% CAGR during the forecast period i.e., between 2025-2037. Rising rate of crime across the globe and the growing popularity of blockchain technology will drive the market growth.

North America industry is likely to account for largest revenue share 36% by 2037, impelled by presence of well-established forensic laboratories in the region.

The major players in the market are LGC Forensics, Forensic Pathways, SPEX Forensics, Forensic Fluids Laboratories, Pyramidal Technology Ltd., GE Healthcare, Thermo Fisher Scientific, Inc., NMS Labs, Eurofins Medigenomix GmbH.
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