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Global Forensic Technology Market Report and Forecast 2023-2031

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    Report

  • 140 Pages
  • July 2023
  • Region: Global
  • Expert Market Research
  • ID: 5855172
The global forensic technology market value was USD 15.3 billion in 2022, driven by the increasing demand for forensic services across various industries across the globe. The market size is anticipated to grow at a CAGR of 12.84% during the forecast period of 2023-2031 to achieve a value of USD 45.2 billion by 2031.

Forensic Technology: Introduction

Forensic technology refers to the scientific tools, techniques, and methods used in the investigation, analysis, and presentation of evidence in criminal and civil cases. It encompasses a wide range of disciplines, including DNA analysis, fingerprinting, ballistics, digital forensics, forensic toxicology, and more. The use of forensic technology is crucial in providing accurate and reliable evidence to support legal proceedings, ensure justice, and aid in crime prevention.

Forensic technology has significantly evolved over the years, driven by advancements in scientific research, technology, and investigative practices. It has revolutionized the field of law enforcement and criminal justice by providing sophisticated tools and methods to identify, analyze, and interpret evidence. DNA analysis is one of the most prominent advancements in forensic technology. The ability to extract and analyze DNA from various sources has revolutionized the identification of individuals, linking suspects to crime scenes, and exonerating innocent individuals. DNA databases have also played a crucial role in solving cold cases and identifying unknown remains.

Key Trends in the Global Forensic Technology Market

Key Trends in forensic technology includes:

  • Advancements in DNA Analysis: DNA analysis techniques are becoming more sensitive, accurate, and efficient. Next-generation sequencing (NGS) technologies and improved DNA databases are allowing for faster and more precise identification of individuals and solving previously unsolved cases
  • Digital Forensics and Cybercrime: With the rise of digital devices and online activities, there is an increasing need for digital forensics expertise. Cybercrime investigations, including data breaches, hacking, and online fraud, require advanced techniques to collect and analyze digital evidence
  • Mobile Forensics: As mobile devices play a significant role in daily life, they have become a valuable source of evidence in criminal investigations. Mobile forensic tools and techniques are evolving to handle the complexity of smartphones, apps, and cloud-based data storage
  • Artificial Intelligence and Machine Learning: These technologies are being applied in forensic analysis to automate processes, identify patterns, and enhance decision-making. AI and machine learning algorithms can assist in facial recognition, fingerprint analysis, voice recognition, and other forensic tasks
  • Forensic Imaging and Reconstruction: Advanced imaging technologies, such as 3D scanning and virtual reality, are used to recreate crime scenes and provide virtual walkthroughs for jurors. This allows for more accurate crime scene documentation and better visualization of complex crime scenes

Global Forensic Technology Market Segmentations

Market Breakup by Product Type

  • DNA Testing
  • Biometric Devices
  • Digital Forensics
  • Ballistic Forensics
  • Microarrays
  • Capillary Electrophoresis
  • Others

Market Breakup by Technology

  • DNA Profiling
  • Drug Analysis
  • Chemical Analysis
  • Biometric Analysis
  • Firearms Identification
  • Others

Market Breakup by Applications

  • Law Enforcements
  • Enterprise
  • Healthcare
  • Others

Market Breakup by End User

  • Hospitals and Clinics
  • Rehabilitation Centers
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Global Forensic Technology Market Scenario

The global market is experiencing steady growth due to the increasing demand for forensic services across various industries, including law enforcement, healthcare, finance, and government agencies. The market is driven by factors such as the need for efficient crime investigation, the rise in cybercrime, and the continuous advancements in forensic technology.

Forensic technology companies offer a wide range of solutions, including DNA analysis systems, digital forensics software and tools, ballistics and firearms analysis equipment, and forensic imaging technologies. These solutions aid in evidence collection, analysis, and interpretation, ultimately helping investigators and forensic experts in solving crimes and presenting credible evidence in legal proceedings.

The market is witnessing a shift toward integrated forensic solutions that encompass multiple forensic disciplines and provide end-to-end capabilities. Additionally, the adoption of cloud-based forensic services and the use of mobile forensic tools are gaining traction.

Geographically, North America dominates the forensic technology market due to the presence of major players, well-established forensic laboratories, and substantial investments in research and development. However, regions such as Asia Pacific and Europe are also witnessing significant growth, driven by the increasing focus on improving forensic capabilities and the rising incidence of cybercrime.

Overall, the forensic technology market is expected to continue growing as advancements in technology, increasing crime rates, and the need for accurate and reliable evidence continue to drive the demand for forensic services and solutions.

Global Forensic Technology Market: Competitor Landscape

The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
  • Thermo Fisher Scientific Inc
  • Eurofins Scientific
  • Agilent Technologies
  • LGC Limited
  • NEGON Corporation
  • Ultra-Electronics Forensic Technology
  • Promega Corporation
  • NMS Lab
  • SPEX Forensics
  • Cytiva
*The publisher always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.

Table of Contents

1 Preface
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage - Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Global Forensic Technology Market Overview
3.1 Global Forensic Technology Market Historical Value (2016-2022)
3.2 Global Forensic Technology Market Forecast Value (2023-2031)
4 Global Forensic Technology Market Dynamics
4.1 Market Drivers and Constraints
4.2 SWOT Analysis
4.3 Porter’s Five Forces Model
4.4 Key Demand Indicators
4.5 Key Price Indicators
4.6 Industry Events, Initiatives, and Trends
4.7 Value Chain Analysis
5 Global Forensic Technology Market Segmentation
5.1 Global Forensic Technology Market by Product Type
5.1.1 Market Overview
5.1.2 DNA Testing
5.1.3 Biometric Devices
5.1.4 Digital Forensics
5.1.5 Ballistic Forensics
5.1.6 Microarrays
5.1.7 Capillary Electrophoresis
5.1.8 Others
5.2 Global Forensic Technology Market by Technology
5.2.1 Market Overview
5.2.2 DNA Profiling
5.2.3 Drug Analysis
5.2.4 Chemical Analysis
5.2.5 Biometric Analysis
5.2.6 Firearms Identification
5.2.7 Others
5.3 Global Forensic Technology Market by Applications
5.3.1 Market Overview
5.3.2 Law Enforcements
5.3.3 Enterprise
5.3.4 Healthcare
5.3.5 Others
5.4 Global Forensic Technology Market by End User
5.4.1 Market Overview
5.4.2 Hospitals and Clinics
5.4.3 Rehabilitation Centres
5.4.4 Others
5.5 Global Forensic Technology Market by Region
5.5.1 Market Overview
5.5.2 North America
5.5.3 Europe
5.5.4 Asia Pacific
5.5.5 Latin America
5.5.6 Middle East and Africa
6 North America Forensic Technology Market
6.1 Market Share by Country
6.2 United States of America
6.3 Canada
7 Europe Forensic Technology Market
7.1 Market Share by Country
7.2 United Kingdom
7.3 Germany
7.4 France
7.5 Italy
7.6 Others
8 Asia Pacific Forensic Technology Market
8.1 Market Share by Country
8.2 China
8.3 Japan
8.4 India
8.5 ASEAN
8.6 Australia
8.7 Others
9 Latin America Forensic Technology Market
9.1 Market Share by Country
9.2 Brazil
9.3 Argentina
9.4 Mexico
9.5 Others
10 Middle East and Africa Forensic Technology Market
10.1 Market Share by Country
10.2 Saudi Arabia
10.3 United Arab Emirates
10.4 Nigeria
10.5 South Africa
10.6 Others
11 Patent Analysis
11.1 Analysis by Type of Patent
11.2 Analysis by Publication year
11.3 Analysis by Issuing Authority
11.4 Analysis by Patent Age
11.5 Analysis by CPC Analysis
11.6 Analysis by Patent Valuation
11.7 Analysis by Key Players
12 Grants Analysis
12.1 Analysis by year
12.2 Analysis by Amount Awarded
12.3 Analysis by Issuing Authority
12.4 Analysis by Grant Application
12.5 Analysis by Funding Institute
12.6 Analysis by NIH Departments
12.7 Analysis by Recipient Organization
13 Funding Analysis
13.1 Analysis by Funding Instances
13.2 Analysis by Type of Funding
13.3 Analysis by Funding Amount
13.4 Analysis by Leading Players
13.5 Analysis by Leading Investors
13.6 Analysis by Geography
14 Partnership and Collaborations Analysis
14.1 Analysis by Partnership Instances
14.2 Analysis by Type of Partnership
14.3 Analysis by Leading Players
14.4 Analysis by Geography
15 Regulatory Framework
15.1 Regulatory Overview
15.1.1 US FDA
15.1.2 EU EMA
15.1.3 INDIA CDSCO
15.1.4 JAPAN PMDA
15.1.5 Others
16 Supplier Landscape
16.1 Thermo Fisher Scientific Inc.
16.1.1 Financial Analysis
16.1.2 Product Portfolio
16.1.3 Demographic Reach and Achievements
16.1.4 Mergers and Acquisition
16.1.5 Certifications
16.2 Eurofins Scientific
16.2.1 Financial Analysis
16.2.2 Product Portfolio
16.2.3 Demographic Reach and Achievements
16.2.4 Mergers and Acquisition
16.2.5 Certifications
16.3 Agilent Technologies
16.3.1 Financial Analysis
16.3.2 Product Portfolio
16.3.3 Demographic Reach and Achievements
16.3.4 Mergers and Acquisition
16.3.5 Certifications
16.4 LGC Limited
16.4.1 Financial Analysis
16.4.2 Product Portfolio
16.4.3 Demographic Reach and Achievements
16.4.4 Mergers and Acquisition
16.4.5 Certifications
16.5 NEGON Corporation
16.5.1 Financial Analysis
16.5.2 Product Portfolio
16.5.3 Demographic Reach and Achievements
16.5.4 Mergers and Acquisition
16.5.5 Certifications
16.6 Ultra-Electronics Forensic Technology
16.6.1 Financial Analysis
16.6.2 Product Portfolio
16.6.3 Demographic Reach and Achievements
16.6.4 Mergers and Acquisition
16.6.5 Certifications
16.7 Promega Corporation
16.7.1 Financial Analysis
16.7.2 Product Portfolio
16.7.3 Demographic Reach and Achievements
16.7.4 Mergers and Acquisition
16.7.5 Certifications
16.8 NMS Lab
16.8.1 Financial Analysis
16.8.2 Product Portfolio
16.8.3 Demographic Reach and Achievements
16.8.4 Mergers and Acquisition
16.8.5 Certifications
16.9 SPEX Forensics
16.9.1 Financial Analysis
16.9.2 Product Portfolio
16.9.3 Demographic Reach and Achievements
16.9.4 Mergers and Acquisition
16.9.5 Certifications
16.10 Cytiva
16.10.1 Financial Analysis
16.10.2 Product Portfolio
16.10.3 Demographic Reach and Achievements
16.10.4 Mergers and Acquisition
16.10.5 Certifications
16.10.6
17 Global Forensic Technology Market - Distribution Model (Additional Insight)
17.1 Overview
17.2 Potential Distributors
17.3 Key Parameters for Distribution Partner Assessment
18 Key Opinion Leaders (KOL) Insights (Additional Insight)
19 Company Competitiveness Analysis (Additional Insight)
19.1 Very Small Companies
19.2 Small Companies
19.3 Mid-Sized Companies
19.4 Large Companies
19.5 Very Large Companies
20 Payment Methods (Additional Insight)
20.1 Government Funded
20.2 Private Insurance
20.3 Out-of-Pocket
  • *Additional insights provided are customisable as per client requirements.

Companies Mentioned

  • Thermo Fisher Scientific Inc.
  • Eurofins Scientific
  • Agilent Technologies
  • LGC Limited
  • NEGON Corporation
  • Ultra-Electronics Forensic Technology
  • Promega Corporation
  • NMS Lab
  • SPEX Forensics
  • Cytiva

Methodology

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Table Information