Leading DNA Forensics Method Markets Databank
The DNA Forensics market was valued at $2,100.0 Million in 2020, and is projected to reach $2,587.1 Million by 2029 growing at a CAGR of 2.38% from 2021 to 2029. Capillary electrophoresis (CE) segment is expected to be the highest contributor to this market, with $1,085.0 Million in 2020, and is anticipated to reach $1,333.2 Million by 2029, registering a CAGR of 2.35%. Next generation sequencing (NGS) segment is anticipated to reach $511.0 Million by 2029 with the highest CAGR of 2.44%. Capillary electrophoresis (CE) and PCR amplification segments collectively expected to account for about 73.9% share of the DNA Forensics market in 2020, with the former constituting around 51.7% share. Next generation sequencing (NGS) and PCR amplification segments are expected to witness significant growth rates at a CAGR of 2.44% and 2.42% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 41.9% in the overall DNA Forensics market in 2020, and is anticipated to reach 42.0% by 2029.
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