Global Forensic Technologies Market Report By Type (Polymerase Chain Reaction (PCR), Capillary Electrophoresis, Next Generation Sequencing (NGS), Rapid DNA Analysis, Automated Liquid Handling Technology, Microarrays, Others), By Services (DNA Profiling, Chemical Analysis, Biometric Analysis, Firearms Identification, Others), By Application (Pharmacogenetics, Biodefense & Biosurveillance, Judicial/Law Enforcement, Others), By Location (Laboratory Forensics Technology, Portable Forensics Technology) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2023-2032

The global demand for Forensic Technologies Market is presumed to reach the market size of nearly USD 11.57 BN by 2030 from USD 4.87 BN in 2022 with a CAGR of 11.42% under the study period 2023 - 2030.

Forensic technologies refer to the scientific methods, techniques, and tools used in the investigation, analysis, and presentation of evidence in legal proceedings. These technologies are employed in various fields, including criminal investigations, civil litigation, and regulatory compliance. They aid in the examination and interpretation of physical, digital, or biological evidence to uncover facts, support legal arguments, and assist in determining the truth.

Market Dynamics

The rise in crime rates, both conventional and cybercrimes, creates a need for advanced forensic technologies to aid in investigations. Collecting, analyzing, and presenting evidence effectively is essential for law enforcement agencies and legal professionals, and to achieve this, they rely on efficient tools and techniques. Governments across the world are recognizing the importance of forensic technologies in combating crime and ensuring justice. They are implementing initiatives to enhance forensic capabilities, establishing dedicated forensic labs, and enforcing regulations to standardize forensic practices and ensure the admissibility of forensic evidence in legal proceedings. The growing demand for DNA analysis, driven by its high accuracy and reliability in identifying suspects and establishing links to crime scenes, has fueled the adoption of advanced DNA sequencing and profiling technologies in forensic laboratories. The rise of cybercrime and digital threats has created a significant demand for digital forensics technologies. The need to investigate and prosecute cybercrimes, data breaches, intellectual property theft, and online fraud has driven the development of advanced tools and techniques for digital evidence collection, analysis, and attribution. Increased globalization and cross-border criminal activities have led to a greater need for collaboration and information sharing among law enforcement agencies worldwide. This drives the demand for interoperable technologies that can facilitate the seamless exchange and analysis of forensic data across jurisdictions. Ongoing research & development efforts in the field of forensic technologies also contribute to market growth.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of forensic technologies. The growth and trends of forensic technologies industry provide a holistic approach to this study. 

Market Segmentation

This section of the forensic technologies market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities. 

By Type

• Polymerase Chain Reaction (PCR)
• Capillary Electrophoresis
• Next Generation Sequencing (NGS)
• Rapid DNA Analysis
• Automated Liquid Handling Technology
• Microarrays
• Others

By Services

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

By Application

• Pharmacogenetics
• Biodefense & Biosurveillance
• Judicial/Law Enforcement
• Others

By Location

• Laboratory Forensics Technology
• Portable Forensics Technology

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Forensic Technologies market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

Global Forensic Technologies Market Share by Region (Representative Graph)

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the forensic technologies market include Agilent Technologies, GE Healthcare, Thermo Fisher Scientific, Inc., NMS Labs, Eurofins Medigenomix GmbH, LGC Forensics, Forensic Pathways, SPEX Forensics, Forensic Fluids Laboratories, Pyramidal Technologies Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.