Forensic Technology Market Analysis & Trends - Industry Forecast to 2025

Rapid adoption of forensic technologies and equipment such as DNA sequences, magnetic fingerprinting, integrated ballistic systems, among others to drive the growth of global forensic technology market

According to TechSci Research report, “Global Forensic Technology Market By Product, By Technology, By Application, By Region, Forecast & Opportunities, 2025”, the global forensic technology market is expected to grow at a robust rate during the forecast period on account of the increasing investments by various public and private organizations for forensic research. However, lack of accuracy in the results obtained using these technologies can hamper the growth of market during forecast period.

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The global forensic technology market is segmented based on product, technology, application, company and region. Based on technology, the market can be fragmented into DNA profiling, fingerprinting analysis, drug analysis, and firearm analysis. The DNA profiling segment is expected to dominate the market during forecast period attributable to its wide range of applications in body fluid identification, paternity testing, examination of drug abuse, and identification of disaster victims.

3M Company, Agilent Technologies, Belkasoft, General Electric Company, LGC Limited, MorphoTrust USA, NMS Lab, Thermo Fisher Scientific Inc, Ultra-Electronics Forensic Technology, SPEX Forensics and others are some of the leading players operating in global forensic technology market. The companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their share.

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“North America is expected to dominate the market for forensic technology during the forecast period, owing to the increase in the adoption of forensics by private companies and law enforcement agencies amongst various sectors including healthcare in the region. Additionally, an exponential rise in the number of criminal activities in the region is further driving the market in the region.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Forensic Technology Market By Product, By Technology, By Application, By Region, Forecast & Opportunities, 2025” has evaluated the future growth potential of global forensic technology market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global forensic technology market.