Global Forensic Technology Market Growth (Status and Outlook) 2023-2029

Global Forensic Technology Market Growth (Status and Outlook) 2023-2029

Forensic technology is a complete and important part of criminal justice procedures. It is an essential part of forensic science to investigate, analyze, compare, and research physical evidence of crimes. It emerged in the United States in the middle of the 20th century. Forensic scientists and laboratory researchers used advanced DNA detection technology to solve cases.
LPI (LP Information)' newest research report, the “Forensic Technology Industry Forecast” looks at past sales and reviews total world Forensic Technology sales in 2022, providing a comprehensive analysis by region and market sector of projected Forensic Technology sales for 2023 through 2029. With Forensic Technology sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Forensic Technology industry.
This Insight Report provides a comprehensive analysis of the global Forensic Technology landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Forensic Technology portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Forensic Technology market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Forensic Technology and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Forensic Technology.
The global Forensic Technology market size is projected to grow from US$ 2049.4 million in 2022 to US$ 3063.9 million in 2029; it is expected to grow at a CAGR of 5.9% from 2023 to 2029.
Global Forensic Technology key players include Thermo Fisher Scientific, Agilent Technologies, Qiagen, Promega Corporation, Eurofins Scientific, etc. Global top five manufacturers hold a share nearly 55%.
North America is the largest market, with a share over 35%, followed by Europe and Asia-Pacific, both have a share about 55 percent. In terms of product, Polymerase Chain Reaction (PCR) is the largest segment, with a share about 40%. And in terms of application, the largest application is Judicial/Law Enforcement, followed by Biodefense & Biosurveillance, Pharmacogenetics, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Forensic Technology market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Polymerase Chain Reaction (PCR)
Capillary Electrophoresis
Next-Generation Sequencing (NGS)
Rapid DNA Analysis
Automated Liquid Handling Technology
Microarrays
Others
Segmentation by application
Pharmacogenetics
Biodefense & Biosurveillance
Judicial and Law Enforcement
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Thermo Fisher Scientific
Agilent Technologies
Qiagen
Promega Corporation
Eurofins Scientific
Neogen Corporation
NMS Labs
Sorenson Forensics
Forensic Fluids Laboratories

Please note: The report will take approximately 2 business days to prepare and deliver.