Forensic Technology Market Trend, Forecast, Drivers, Restraints, Company Profiles and Key Players Analysis by 2027

The growth of the market is attributed to the rising number of funding programs coupled with the presence of strong product pipeliene from the major players

Forensic Technology Market

The global Forensic Technology Market will be worth USD 52.04 billion by 2027, according to a current analysis by Emergen Research. In order to achieve benchmarks in forensic science, governments across the globe are taking different initiatives making it crucial for public safety. This is in turn increasing the horizon of growth for the said market. For example, National Institute of Standards and Technology (NIST) partnered with the National Institute of Justice (NIJ) to develop new techniques to increase workflow

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The report covers in-depth profiling of the prominent players of the industry and includes Cytiva, 3M, Eurofins Scientific, Agilent Technologies, NMS Lab, LGC Group, LGC Limited, Thermo Fisher Scientific and Micro Systemation among others. Furthermore, it offers a detailed analysis of the competitive landscape of the market with massive data on recent trends, technological developments, product advancements, methodologies, and strategic business decisions such as mergers and acquisitions, joint ventures, collaborations, and product launches, among others.

Emergen Research has segmented the global Forensic Technology Market on the basis of type, application, and region:

  • Type Outlook (Revenue, USD Billion; 2017-2027)
    • Polymerase Chain Reaction (PCR)
    • Capillary Electrophoresis
    • Next Generation Sequencing
    • Rapid DNA Analysis
    • Automated Liquid Handling Technology
    • Microarrays Arms
  • Application Type Outlook (Revenue, USD Billion; 2017-2027)
    • Healthcare
    • Law enforcement agencies
    • Banking and financial institutions
    • Telecom

The report further covers extensive regional analysis of the Forensic Technology industry with regards to market scope, market size, market share, revenue generation, production and consumption ratio, supply and demand ratio, and analysis of the key players operating in those regions. The regional analysis covers North America, Europe, AsiaPacific, Latin America, and Middle East & Africa.

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Key questions answered in the Report:

  • What are the key driving factors of the Forensic Technology industry?
  • Which segment and sub-segment are expected to show significant growth during the forecast period?
  • What will the market size and growth rate be throughout the forecast period?
  • Who are the prominent players of the Forensic Technology industry?
  • What are the technological advancements and product developments taking place in the Forensic Technology market?
  • Which region is expected to dominate the market in the coming years?
  • What are the key outcomes of the SWOT analysis and Porter’s Five Forces analysis?
  • What are the key risk factors and challenges the companies will face in the market?
  • What factors are expected to hinder the growth of the Forensic Technology industry?

The report studies dynamic market elements such as drivers, restraints, challenges, threats, opportunities, and growth prospects, among others. The report presents the statistical data in an organized format with pictorial representations in charts, graphs, tables, figures, and diagrams. The report offers strategic recommendations to the new entrants as well as established players to assist them in capitalizing on the advantageous opportunities. The detailed analysis of the competitive landscape offers a competitive advantage to the reader and helps them gain a better understanding of the industry.

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Table of Content

Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Forensic Technology Market Segmentation & Impact Analysis

    4.1. Forensic Technology Market Material Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. Growing number of funding initiatives by different regulatory bodies
                    4.2.2.2. Presence of a strong portfolio of products from the major competitors
          4.2.3. Market restraints analysis
                    4.2.3.1. Increase in the number of patent expirations over the recent past
    4.3. Technological Insights
    4.4. Regulatory Framework
    4.5. Porter’s Five Forces Analysis
    4.6. Competitive Metric Space Analysis
    4.7. Price trend Analysis
    4.8. Covid-19 Impact Analysis

Chapter 5. Forensic Technology Market By Type Insights & Trends, Revenue (USD Million)
    5.1. Type Dynamics & Market Share, 2019 & 2027
          5.1.1. Polymerase Chain Reaction (PCR)
          5.1.2. Capillary Electrophoresis
          5.1.3. Next Generation Sequencing
          5.1.4. Rapid DNA Analysis
          5.1.5. Automated Liquid Handling Technology
          5.1.6. Microarrays

Chapter 6. Forensic Technology Market By Application Insights & Trends, Revenue (USD Million)
    6.1. Application Dynamics & Market Share, 2019 & 2027
          6.1.1. Healthcare
          6.1.2. Law enforcement agencies
          6.1.3. Banking and financial institutions
          6.1.4. Telecom

CONTINUED…!!

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