Global Forensic Equipment and Supplies Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Forensic Equipment and Supplies Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global forensic equipment and supplies market report has been segmented on the basis of product type, application, and region.
Global Forensic Equipment and Supplies Market: Overview
Forensic equipment and supplies is used for crime scene investigation, law enforcement, forensics, laboratory and educational, research purposes. These products are able to collect, detect, and process evidence for further determination and evaluation. Forensic equipment offers functionalities such as trace evidence analysis, evaluation of body fluids, compound determination of drugs or toxic chemicals, fingerprinting and DNA identification, and many others.
Global Forensic Equipment and Supplies Market: Dynamics
Increasing number of crimes and breach/violation/infraction of the law majorly across the developing countries is a key factor to fuel growth of the global market.
Increasing penetration of various forensic products and technologies. For instance; device such as laser ablation inductively coupled plasma mass spectrometry (LA-ICP-MS) is used when broken glass is involved in a crime. This is another factor expected to boost revenue growth of the global market in the coming years
Growing government investments in the field of forensics to provide advanced forensic equipment and technologies, such as forensic drug testing, is another major factors driving growth of the target market in the near future.
Increasing R&D forensics science segments which provides offerings such as DNA forensics, forensic chemistry, forensic geology, forensic serology, forensic toxicology, etc. is expected to support growth of the potential market.
In addition, rising awareness regarding importance of DNA profiling in criminology among investigators across the economies worldwide which in turn is expected to proliferate growth of the target market.
However, high cost associated with advance forensic equipment’s is a major factor that could hamper growth of the target market to a certain extent. In addition, lack of skilled laboratory technicians in developing countries could further restraint growth of the global market in the near future.
Global Forensic Equipment and Supplies Market: Segment Analysis
Among the product type segments, the reagents and consumables segment is expected to contribute major revenue share and dominate in the global market over the forecast period. Reagents include antibodies, primers, toxicology controls, probes, specific-detection agents and others. Consumables include needles, reaction tubes, labels, pipettes, vials, fingerprint powders, crime scene kits and others. Reagents are widely used in criminology forensic applications to trace and detect evidence. Other factors such as growing focus of law enforcements to clear backlogs of crime cases, increasing number of crime investigations, and rising awareness of DNA profiling in criminology across emerging countries.
Global Forensic Equipment and Supplies Market: Region Analysis
The market in North America is expected to contribute highest revenue share in the global market as well as North America is expected to hold its revenue share dominance over the forecast period in the target market. The growth of North America market is primarily attributed to increasing number of public and private investigations firms which are integrated with forensics industry, and growing technological advancements in forensic equipment’s.
The market in Asia Pacific is expected to register significant revenue share and is expected to witness high adoption of forensic equipment’s in the emerging countries in this region.
Whereas, the market in Europe followed by Latin America is expected to register lucrative revenue growth in the global market during the forecast period.
Global Forensic Equipment and Supplies Market Segmentation:
Segmentation by Product Type:
- Evidence-Drying Cabinets
- Reagents and Consumables
- Low-Temperature Storage Devices
Segmentation by Application:
- DNA Analysis
- Blood Analysis
- Drug Testing/Toxicology
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Agilent Technologies, Inc.
- Air Science, Inc.
- Danaher Corporation
- General Electric Company
- Horiba Ltd.
- Illumina, Inc
- Lynn Peavey Company
- Perkinelmer, Inc.
- Qiagen N.V.
- Safariland, LLC
- Thermo Fisher Scientific
- Waters Corporation
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