Latest News- Forensic Technologies Market: PCR is expected to lead the Technique segment during 2025-2029

The Forensic Technologies Market is being driven by Increasing crime rate demanding better investigation methods

The Forensic Technologies Market is expected to grow at a CAGR of 13.3% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 9234.5 million. In the realm of forensic technologies, Next-Generation Sequencing (NGS) has revolutionized DNA analysis by enabling parallel processing of DNA fragments, significantly reducing the time and cost associated with traditional sequencing methods. Leveraging NGS technology, a myriad of assays and models have been engineered for forensic applications, including those that sequence STR markers for individual differentiation and SNPs for ancestry or phenotype prediction. These SNPs offer valuable insights, such as bio-geographical origin determination for crime scene samples or estimation of externally visible characteristics like eye color. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Technique
  • PCR
  • Capillary electrophoresis
  • Next-Generation Sequencing (NGS)
  • Rapid DNA Analysis
  • Automated Liquid Handling Technology
  • Microarrays
  • Mass Spectrometry
  • Fingerprint Analysis Technologies
• Application
  • Criminal investigations
  • Corporate fraud detection
  • Cybersecurity
  • Counterterrorism
  • Paternity Testing/Forensic Genealogy
  • Disaster Victim Identification (DVI)
  • Wildlife Forensics
  • Financial Forensics
  • Border Security
• End-user
  • Law enforcement agencies
  • Healthcare
  • Forensic Laboratories
  • Government and Defense
  • Banking and Financial Institutions
  • Academic and Research Institutions
  • Private Forensic Service Providers
• Location Scope
  • Laboratory Forensics Technology
  • Portable Forensics Technology
• Product Type
  • DNA Testing
  • Biometric Devices
  • Digital Forensics
  • Ballistic Forensics
  • Toxicology
• Service Type
  • Forensic Consulting
  • Laboratory Services
  • Field Investigation Services
• Component
  • Hardware
  • Software
  • Consumables
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
  • Asia
    • China
    • India
    • Japan
  • Rest of World (ROW)

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing crime rate demanding better investigation methods
• Increasing use of DNA profiling for less viable DNA samples
• Continuous research and development in forensic science

However, the market also witnesses some limitations, which are as follows:

• Inherent issues in forensic science
• Lack of technical know-how or technical professionals
• Time-consuming and complex operations

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Market Scope in Forensic Technologies Market Research Report

Find out which segment is leading the market by accessing the free PDF report

Research Analysis Overview

The Forensic Technologies Market encompasses innovative solutions leveraging Artificial Intelligence (AI), Machine Learning (ML), Deep Learning, Computer Vision, and Natural Language Processing to combat cybersecurity threats such as data breaches, identity theft, and fraud. These advanced technologies aid in detecting and responding to cyber attacks, analyzing digital evidence from cloud computing, mobile devices, and social media platforms. Forensic databases, software, and hardware development, along with consulting and litigation services, further bolster the market's growth. Additionally, emerging technologies like predictive analytics, forensic microscopy, mass spectrometry, and gene sequencing expand the market's scope. Threat intelligence, network forensics, and incident response are crucial components of the market, ensuring robust cybersecurity solutions for businesses and organizations.

Market Research Overview

The Forensic Technologies Market encompasses businesses specializing in forensic analysis, crime scene investigation, digital forensics, evidence collection, and forensic software. This sector falls under the broader umbrella of the Life Sciences Tools and Services Market. According to Technavio, the global Life Sciences Tools and Services Market is projected to grow due to several key factors, including the increasing elderly population and the subsequent rise in demand for healthcare services, advancements in technology leading to improved diagnostic tools, and the growing focus on personalized medicine. The market size is determined by the collective revenue generated from the sales of equipment, software, and services related to life sciences research and development, as well as laboratory diagnosis of various diseases.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

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