DNA Forensic Solution: Top Drivers that will Enable COVID-19 Recovery

Synopsis of Growth Drivers with Market Forecast 2021-2025

The DNA Forensic Solution Market is projected to post an incremental growth of $ 3.35 bn, at a CAGR of almost 15.02% till 2025. This research report provides detailed insights into growth drivers that are likely to boost the market. It also provides an analysis of all the segments, trends and challenges that are expected to impact the market in focus. This research will thus equip business leaders with data and insights necessary for designing future ready strategies for growth and development.

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DNA Forensic Solution Market: What are the factors that will drive market growth?

^A detailed study of market drivers enables market players to leverage these factors to drive growth. Technavio’s research reports provide a comprehensive analysis of all the other factors that will drive market growth during the forecast period. In addition to market drivers, our research report also studies the latest trends and challenges that are likely to influence growth in the current market scenario. One of the key drivers that will boost this market is Rising need to curb growing instances of terrorist attacks. For more insights on the impact of this and all the other drivers, request for our FREE sample report:

DNA Forensic Solution Market: Segments and Geographical Regions

This report provides a detailed analysis of the market by Application (Law enforcement, Biodefence, Healthcare, and Physical security) and Geography (North America, Europe, Asia, and ROW). This research report will provide insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges on each market segment along with insights into the way forward. These insights will equip clients with information that will help them design a growth strategy for their business and area of operation. Request our Free Sample Report 

DNA Forensic Solution Market: Vendor Landscape

The DNA Forensic Solution Market is concentrated and market growth of the depends on market conditions, government support, and industry development. Our report offers a detailed study of all the factors that can influence growth. IDEMIA, DNA Solutions Inc., M2SYS Technology, M Vac Systems Inc., Agilent Technologies Inc., Applied DNA Sciences Inc., Eurofins Scientific SE, General Electric Co., and Laboratory Corp. of America Holdings are some of the major market participants. The report also provides insights into the growth prospects of each of these leading players along with their product pipelines.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

For more insights on this market: Download a Free Sample Report

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerate at a CAGR of almost 15.02%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by $ 3.35 bn through 2021-2025.
    
3. What is a key factor driving this market?
   Rising need to curb growing instances of terrorist attacks will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   North America, Europe, Asia, and ROW are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   35% growth will originate from North America
    
6. Who are the leading market vendors?
   The leading vendors in this market are IDEMIA, DNA Solutions Inc., M2SYS Technology, M Vac Systems Inc., Agilent Technologies Inc., Applied DNA Sciences Inc., Eurofins Scientific SE, General Electric Co., and Laboratory Corp. of America Holdings
    
7. What are the market segments covered in this report?
   The market is segmented by Application (Law enforcement, Biodefence, Healthcare, and Physical security) and Geography (North America, Europe, Asia, and ROW)

DNA Forensic Solution Market | Discover Top Segments, Trends, Drivers and Challenges
Market Forecast and Growth Projections 2021-2025

The dna forensic solution market is expected to grow by $ 3.35 bn, accelerating at a CAGR of almost 15.02% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.

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For a snapshot of our exhaustive research analysis and insights:  Request for Our Free Sample Report

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DNA Forensic Solution Market: Leading Segments and Growth Analysis

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

• The report segments the market by Application (Law enforcement, Biodefence, Healthcare, and Physical security) and Geography (North America, Europe, Asia, and ROW). Each market segment is analyzed for past performance leading to future growth projections based on current market scenario.
• The North America region emerged as the leading segment in recent years. 35% of the market growth will originate from North America during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the DNA Forensic Solution Market size.

DNA Forensic Solution Market: Trends, Drivers, Challenges

The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.

• Rising need to curb growing instances of terrorist attacks will be a significant factor in driving the growth of the DNA Forensic Solution Market.
• Another factor that will boost the market will be the Growing innovation in technologies for investigation.
• Threat to privacy is a challenge that needs to be overcome to persist on the path to growth and recovery from the impact of the pandemic.

DNA Forensic Solution Market: Vendor Analysis

• The market is concentrated.
• The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
• IDEMIA, DNA Solutions Inc., M2SYS Technology, M Vac Systems Inc., Agilent Technologies Inc., Applied DNA Sciences Inc., Eurofins Scientific SE, General Electric Co., and Laboratory Corp. of America Holdings are some of the major market participants.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerate at a CAGR of almost 15.02%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by $ 3.35 bn through 2021-2025.
    
3. What is a key factor driving this market?
   Rising need to curb growing instances of terrorist attacks will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   North America, Europe, Asia, and ROW are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   35% growth will originate from North America
    
6. Who are the leading market vendors?
   The leading vendors in this market are IDEMIA, DNA Solutions Inc., M2SYS Technology, M Vac Systems Inc., Agilent Technologies Inc., Applied DNA Sciences Inc., Eurofins Scientific SE, General Electric Co., and Laboratory Corp. of America Holdings
    
7. What are the market segments covered in this report?
   The market is segmented by Application (Law enforcement, Biodefence, Healthcare, and Physical security) and Geography (North America, Europe, Asia, and ROW)

DNA Forensic Solution Market Size to Grow by $ 3.09 bn During 2020-2024

Technavio has been monitoring the dna forensic solution market and it is expected to grow by $ 3.09 bn, accelerating at a CAGR of almost 15% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report

DNA Forensic Solution Market: North America to lead market growth during the forecast period

• 34% of the market growth will originate from North America during the forecast period.
• Growing investments by vendors in r&d will be a key trend that will influence market growth significantly.
• The Rising need to curb growing instances of terrorist attacks will be a significant factor in driving the growth of the dna forensic solution market.

DNA Forensic Solution Market: Key Competitors

The market is concentrated. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Agilent Technologies Inc., Applied DNA Sciences Inc., Eurofins Scientific SE, General Electric Co., IDEMIA France SAS, Laboratory Corp. of America Holdings, NEC Corp., Promega Corp., QIAGEN NV, and Thermo Fisher Scientific Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

For more insights on this market: Download a Free Sample Report

DNA Forensic Solution Market: Key Highlights of the Report for 2020-2024

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will drive dna forensic solution market growth during the next five years
• Precise estimation of the dna forensic solution market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the dna forensic solution market industry across North America, Europe, APAC, and ROW
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of dna forensic solution market vendors

The Global DNA Forensic Solution Market is expected to grow by USD 3.09 billion accelerating at a CAGR of over 6% during the forecast period. Although the Information Technology industry is expected to witness mixed impact as a result of COVID-19, the impact of the pandemic on the market in focus is expected to remain NEUTRAL. Technavio evaluates the market with a detailed investigation into the market forces, emerging trends, and growth drivers. It also provides competitive benchmarking to equip clients with actionable insights that will help them navigate through the current market scenario. Preview our latest report with COVID-19 Impact Analysis

"Digital forensics is gaining immense popularity across the globe and law enforcement officials are increasingly using digital forensics to identify crime and criminals. The adoption of digital forensic helps law enforcement officials in tracking and investigating the suspect’s electronic device, which will further assist in revealing details about the crime", says senior research analyst for the Information Technology Industry at Technavio.

DNA Forensic Solution Market: ApplicationSegment Highlights

• Application Segmentation: Law enforcement, Biodefense, Healthcare, and Physical security
• Law enforcement segment dominated the market in 2019, and Market growth in the law enforcement segment will be faster than the growth of the market in the biodefense and physical security segments. 
• DNA forensic solutions help law enforcement agencies in identifying the victim, matching suspected crimes, and absolving persons who are wrongly accused of crimes. 

DNA Forensic Solution Market: Competitive Analysis

• The DNA Forensic Solution Market is concentrated due to the presence of several vendors.
• Small vendors have been focusing on differentiating their products to gain some market share. On the other hand, large vendors will try to acquire a few small vendors to strengthen their presence in the global market..
• Agilent Technologies Inc., Applied DNA Sciences Inc., Eurofins Scientific SE, General Electric Co., IDEMIA France SAS, Laboratory Corp. of America Holdings, NEC Corp., Promega Corp., QIAGEN NV, and Thermo Fisher Scientific Inc. are some of the major market participants. Although the rising need to curb growing instances of terrorist attacks will offer immense growth opportunities, the strong competition from inexpensive non-DNA technologies will challenge the growth of the market participants. 

Technavio provides custom research reports with detailed insights on the impact of COVID-19 with respect to the industry, region, and supply chain operations. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations. Download a Free Sample Report