March 28, 2022
According to the research report titled ‘DNA Forensics Market Size By Solution (Kits, Analyzers & Sequencers, Software, Consumables), By Method (Capillary Electrophoresis {CE}, Next-generation Sequencing {NGS}, PCR Amplification), By Application (Criminal Testing, Paternity & Familial Testing), COVID-19 Impact Analysis, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2021 – 2027’, available with MarketStudyReport, global DNA forensics market is on track to record a significant CAGR over the forecast period 2021-2027.
Report findings indicate that rising government initiatives & funding for forensic programs, advancements in paternity & familial testing technology, and increasing incidence of criminal activities are acting as a major impetus to global DNA forensics market growth.
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For the unversed, forensic scientists use DNA profiling, which is similar to a genetic fingerprint, to identify criminals and to determine an individual’s parentage. Since the recent past, government institutions have begun using novel technologies to enhance their forensic outcomes, which has bolstered the industry outlook.
During the onslaught of the COVID-19 pandemic, forensic practitioners were at high risk of exposure to the highly infectious virus. As a result, there was increased focus on alleviating the threats posed to personnel working in the DNA forensics sector, which is in turn expected to propel the industry remuneration scope over the upcoming years.
Based on solution type fragmentation of worldwide DNA forensics industry, the analyzers & sequencers sub-segment is poised to amass USD 869.1 million by 2027, registering a healthy CAGR over the analysis period.
Considering method type, the capillary electrophoresis (CE) segment captured 32.8% market share in 2020 and is on track to show remunerative gains over 2021-2027.
Moving on, the paternity and familial testing application segment is set to accumulate a valuation of USD 1371.6 million by the end of the stipulated timeframe.
On the regional front, Latin America accounted for 7.8% revenue share in the overall industry in 2020, while Middle East & Africa market is set to expand at 5.7% CAGR over the forecast duration.
Prominent players in global DNA forensics market are LabVantage Solutions Inc., LabWare, GORDIZ, Illumina Inc., Qiagen N.V., Bio-Rad Laboratories Inc., Bode Cellmark Forensics Inc., Verisis A.S., Promega Corp., Beckman Coulter Inc., Abbott Laboratories Inc., and Thermo Fischer Scientific Inc.