forensic technology market size, share, growth and forecast by 2025

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North America to Dominate Forensic Technology Market During Forecast Period Rapid adoption of forensic technologies and equipment such as DNA sequences, magnetic fingerprinting, integrated ballistic systems, among others to drive the growth of global forensic technology market According to TechSci Research Report, “Global Forensic Technology Market By Product, By Technology, By Application, By Region, Forecast & Opportunities, 2025”, the global forensic technology market is expected to grow at a robust rate during the forecast period on account of the increasing investments by various public and private organizations for forensic research. However, lack of accuracy in the results obtained using these technologies can hamper the growth of market during forecast period.

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Global forensic technology market is expected to grow at a formidable CAGR of around 15% during the forecast period. The global forensic technology market is driven by the increasing R&D activities and supportive government policies. Furthermore, increasing crime rate is further anticipated to propel the market through 2025. The global forensic technology market is segmented based on product, technology, application, company and region. Based on application, the market can be categorized into law enforcements, enterprise, healthcare and others. The law enforcements segment is expected to dominate the market over the coming years. This can be ascribed to the consistent efforts by government authorities across the globe to create DNA databases. For instance, the DNA Identification Act 1994 in the U.S. provided the FBI authority to develop a national DNA database to assist in solving backlog criminal cases, which has resulted in significant upsurge in the adoption of forensics in enforcement of law.

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Page 1: Forensic Technology Market Size, Share, Growth and Forecast By 2025

North America to Dominate Forensic Technology Market During

Forecast Period

Rapid adoption of forensic technologies and equipment such as DNA sequences,

magnetic fingerprinting, integrated ballistic systems, among others to drive

the growth of global forensic technology market

According to TechSci Research Report, “Global Forensic Technology

Market By Product, By Technology, By Application, By Region, Forecast

& Opportunities, 2025”, the global forensic technology market is expected

to grow at a robust rate during the forecast period on account of the

increasing investments by various public and private organizations for

forensic research. However, lack of accuracy in the results obtained using

these technologies can hamper the growth of market during forecast period.

Page 2: Forensic Technology Market Size, Share, Growth and Forecast By 2025

Browse market data Tables and Figures spread through Pages and an in-depth TOC on" Global Forensic Technology Market" https://www.techsciresearch.com/report/forensic-technology-

market/4415.html

The global forensic technology market is segmented based on product,

technology, application, company and region. Based on technology, the

market can be fragmented into DNA profiling, fingerprinting analysis, drug

analysis, and firearm analysis. The DNA profiling segment is expected to

dominate the market during forecast period attributable to its wide range of

applications in body fluid identification, paternity testing, examination of

drug abuse, and identification of disaster victims.

3M Company, Agilent Technologies, Belkasoft, General Electric Company,

LGC Limited, MorphoTrust USA, NMS Lab, Thermo Fisher Scientific Inc,

Ultra-Electronics Forensic Technology, SPEX Forensics and others are

some of the leading players operating in global forensic technology market.

The companies operating in the market are using organic strategies such as

product launches, mergers and collaborations to boost their share.

Download Sample Report@ https://www.techsciresearch.com/sample-report.aspx?cid=4415 Customers can also request for 10% free customization on this report.

“North America is expected to dominate the market for forensic technology

during the forecast period, owing to the increase in the adoption of forensics

Page 3: Forensic Technology Market Size, Share, Growth and Forecast By 2025

by private companies and law enforcement agencies amongst various

sectors including healthcare in the region. Additionally, an exponential rise

in the number of criminal activities in the region is further driving the

market in the region.” said Mr. Karan Chechi, Research Director with TechSci

Research, a research based global management consulting firm.

“Global Forensic Technology Market By Product, By Technology, By

Application, By Region, Forecast & Opportunities, 2025” has evaluated

the future growth potential of global forensic technology 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 forensic

technology market.