Forensic Genomics Market

Forensic Genomics Market Size, Share, Growth Analysis, By Product(Analyzers & Sequencers, Software, Kits & Consumables) - Industry Forecast 2024-2031


Report ID: UCMIG35H2130 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Forensic Genomics Market Insights

Market Overview:

In 2021, the global market for forensic genomics demonstrated a significant valuation of approximately USD 413.32 million. This growth can be attributed to the increasing utilization of genomics technologies in forensic investigations and criminal justice systems worldwide. The market expansion is driven by advancements in DNA sequencing, analysis techniques, and forensic databases, which have enhanced the accuracy and efficiency of forensic investigations, including identifying perpetrators, establishing kinship, and solving cold cases. The growing demand for reliable and scientific evidence in legal proceedings has further propelled the adoption of forensic genomics solutions, driving the market's growth.

Forensic Genomics Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Biotechnology by segment aggregation, the contribution of the Biotechnology in Pharmaceuticals, Biotechnology & Life Sciences and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Forensic Genomics was estimated to be valued at US$ XX Mn in 2021.

The Forensic Genomics Market is estimated to grow at a CAGR of XX% by 2028.

The Forensic Genomics Market is segmented on the basis of Product, Method.

Based on region, the Forensic Genomics Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Forensic Genomics Market are , GE Health Care, Thermo Fisher Scientific, Inc., Agilent Technologies, Inc., Eurofins Discovery, Gene by Gene, Ltd., Verogen, Inc., Illumina, Inc., Neogen Corp..

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Forensic Genomics Market

Report ID: UCMIG35H2130

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