Rising criminal rate and increasing advanced technology anticipate the growth of the market at a strong CAGR of 10.8% during the forecast period of 2022 to 2030

Pune, India, May 2022/MRFR Press Release/- Market Research Future has published its half-cooked research report on the global DNA forensics market.

The DNA forensics market anticipated to witness robust CAGR of 10.8%from 2022 to 2030 and hold a value of over USD 4.04 billion by 2030.

The global DNA forensics market is impacting via factors include paternity testing & kinship, determining the identity, to understand how the metabolism works, scrutinize which treatment is convenient in recovering through tiny piece of tissue, and growth stratagems of giant companies. For instance, Thermo Fisher Scientific (US), Agilent Technologies (US), and GE Healthcare (US). In July 2019, the Thermo Fisher Scientific (US) is one of the leading companies received a flag from the U.S. Federal Bureau of Investigation for the biosystems precision ID system medina (Mitochondrial Deoxyribonucleic acid) to generate the CODIS (Combined DNA Index system) database. This help to solve missing person cases and identification of recovered from mass disasters.

Regional Analysis

North America is projected to dominate and hold the largest share of the market, due to factors including growing innovations in DNA forensic technologies for investigation and key vendors' investing and funding in R&D, including human identity analysis and computer forensic services. Furthermore, the increased quality and accuracy of advanced technologies and cost-effective instruments are driving the growth of the region.

Europe is likely to hold a significant share of the market, due to factors such as technological advancements in forensic science, government initiatives, and increasing crime rates.

The Asia-Pacific region is expected to show the fastest growth during the forecast period, owing to rising R&D investments and funding, bringing the latest technology to bear, and increasing expansion through strategic alliances.

Furthermore, the rest of the world is likely to show sluggish growth due to a lack of advanced technology. Furthermore, rising government support and increasing use of advanced technologies are fueling the market.

Explore In-depth Details: DNA Forensics Market Research Report

Segmentation

The global DNA forensics market has segmented into product type. source, technique, and application.

Based on product type, the market has been segmented into analyzers & sequencer, software & services, and consumables. The analyzer & sequencer segment projected held a highest CAGR in 2021, owing to the advanced technology development and high demand for better results.

Based on source, the market has segmented into hair, blood, bones, and others. The blood segment attributed to hold a highest CAGR in 2021, due to the varied applications in criminal casework including sexual assault and murder.

Based on technique, the market has been segmented into next-generation sequencing, capillary electrophoresis, and PCR amplification. The next-generation sequencing segment expected dominates the market in 2021 wide range of application and capacity to target the short tandem repeats (STR) analysis, polymerase chain reaction (PCR), and restriction fragment length polymerase (RFLP).

Based on application, the market has been segmented into criminal casework, missing person identification, and others. The criminal casework segment dominates the growth of the market in 2021 due to increasing crime rates and advanced technology.

Key Players

Some of the key market players are Thermo Fisher Scientific (US), Agilent Technologies (US), Mawi DNA Technologies LLC, Hamilton Company, QIAGEN NV (Netherlands), Illumina, Inc. (US), Oxygen Forensics, Inc. (Virginia), Genetics Technology (Australia), Promega Corporation (US), LGC Ltd (UK).