Human Identification Market to be dominated by Growing Occurrences of Crime Rates and Extensive Technological Advancements through 2027
Growing advancement in
technology and heavy investments to drive the human identification market in the
forecast period, 2023-2027.
According to TechSci Research report, “Human
Identification Market - Global Industry Size, Share, Trends, Opportunity,
and Forecast, 2017-2027”, the global human identification market is
anticipated to grow at a significant rate in the forecast period, 2023-2027. The
growing crime rates, rising adoption of forensic applications, and extensive
research and development are the primary factors driving the demand for the global
human identification market. Growing technological advancements, surge in
demand for next-generation sequencing technology, and heavy investments in healthcare
sector are expected to influence the market demand. Also, the strategic
initiatives such as partnerships and product launches undertaken by the market
players are also a key factor for increasing the growth of the human
identification market, globally.
However, the high cost of genomic instruments,
and lack of skilled professionals may hamper the growth of the global human
identification market.
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The global human
identification market is segmented into component, technology, application, end
user and company.
Based on component, the
market is divided into assay & kits, instruments, and software &
service. The assay & kits segment is expected to hold the largest market
share. This is attributed to the regular and bulk purchases of assay kits along
with the launch of new assay kits and reagents.
Based on technology, the
market is divided into next generation sequencing (NGS), polymerase chain
reaction (PCR), capillary electrophoresis, and others. The next generation sequencing (NGS) segment
is expected to witness largest market share. This is due to the technological
advancements, and product launches.
Based on application, the
market is divided into forensics, paternity identification, and others. The forensic
application segment is anticipated to grow during the forecast period. This is
attributed to the rising crime rates, accidents, and missing persons.
Based on end user, the
market is divided into forensic laboratories and law enforcement agencies,
academic & research institutions, and others. The forensic laboratories segment
is anticipated to grow during the forecast period. This is attributed to the growing
availability of government funding and rising number of laboratories.
Major operating companies
operating in global human identification market are:
- Laboratory Corporation of America
Holdings, Inc.
- PerkinElmer, Inc
- Abbott Laboratories, Inc.
- Thermo Fischer Scientific, Inc.
- Agient Technologies, Inc.
- QIAGEN NV
- Bio-Rad Laboratories, Inc.
- Eurofins Scientific SE
- Promega Corporation
- Illumina, Inc.
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“North America region dominates the
market in 2021 and is expected to maintain its dominance in the coming years
due to increase in funds from government and private organization, and
advancements in technology for forensic science. The high investment in R &
D, strongly established research infrastructure, presence of prominent players,
and growing use in forensics in the region are another key factor. Also, increasing
support for the development of forensics and cumulative partnerships between
universities in the region are expected to propel the global human
identification market growth till 2027” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
“Human Identification Market
- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented
By Component (Assay & Kits, Instruments, Software & Service), By
Technology (Next Generation Sequencing (NGS), Polymerase Chain Reaction (PCR),
Capillary Electrophoresis, Others), By Application (Forensics, Paternity
Identification, Others), By End User (Forensic Laboratories and Law Enforcement
Agencies, Academic & Research Institutions, Others), By company and By
Region”,
has evaluated the future growth potential of global human identification market
and provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in global human identification market.
“Human Identification Market
- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented
By Component (Assay & Kits, Instruments, Software & Service), By
Technology (Next Generation Sequencing (NGS), Polymerase Chain Reaction (PCR),
Capillary Electrophoresis, Others), By Application (Forensics, Paternity
Identification, Others), By End User (Forensic Laboratories and Law Enforcement
Agencies, Academic & Research Institutions, Others), By company and By
Region”,
has evaluated the future growth potential of global human identification market
and provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in global human identification market.
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