Global Forensic Technologies and Services Market Report 2023: Market to Reach $61.6 Billion by 2030

DUBLIN, Feb. 17, 2023 /PRNewswire/ — The “Forensic Technologies and Services: Global Strategic Business Report” report has been added to  ResearchAndMarkets.com’s offering.

Global Forensic Technologies and Services Market to Reach $61.6 Billion by 2030

The global market for Forensic Technologies and Services estimated at US$24.3 Billion in the year 2022, is projected to reach a revised size of US$61.6 Billion by 2030, growing at a CAGR of 12.3% over the analysis period 2022-2030.

Capillary Electrophoresis, one of the segments analyzed in the report, is projected to record a 12.6% CAGR and reach US$25.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Polymerase Chain Reaction (PCR) segment is readjusted to a revised 11.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $7.1 Billion, While China is Forecast to Grow at 11.4% CAGR

The Forensic Technologies and Services market in the U.S. is estimated at US$7.1 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$10.4 Billion by the year 2030 trailing a CAGR of 11.4% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.2% and 10.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.7% CAGR.

What`s New for 2023?

• Special coverage on Russia–Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.

• Global competitiveness and key competitor percentage market shares

• Market presence across multiple geographies – Strong/Active/Niche/Trivial

• Online interactive peer-to-peer collaborative bespoke updates

• Access to digital archives and Research Platform

• Complimentary updates for one year

Key Topics Covered:

MARKET OVERVIEW

• Influencer Market Insights

• World Market Trajectories

• A Primer

• Recent Market Activity

• Ever Present Threat of Crime Boosts the “Need” Factor

• DNA Analysis: The Ultimate Weapon in the Battle against Crime

• Government Intervention to Help Perk-Up Demand

• Expanding Criminal DNA Database Extends a Fillip to DNA Analysis

• DNA Analysis Aids in Post-Conviction Testing

• Privacy Issues Plague DNA Forensics

• Rising DNA Sample Analysis Backlogs Saddle Crime Labs

• Federal Funds to Ease the Backlog Burden

• Testing Quality in Laboratories Raises Eyebrows

• Rise in Gun Violence Raises the Demand for Forensic Ballistics

• Rise in Cyber Crimes Brings to Fore the Emergence of Computer Forensics

• Digital Forensics Continue to Gain Acceptance in the Corporate Sector

• Forensic Technologies and Services – Global Key Competitors Percentage Market Share in 2022 (E)

• Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

• Impact of Covid-19 and a Looming Global Recession

Story continues

MARKET TRENDS & DRIVERS

• Challenges Continue to Bedevil Digital Forensics

• Smartphone Forensics Garners Momentum

• Law Enforcement Slow in Adoption of Mobile Forensics

• Cloud Forensics Grow in Popularity

• Forensics as a Service (FaaS) to Witness Robust Growth

• Constant Threat of Terrorist Bombings Sharpens the Focus On Explosives Forensics…

• All Eyes on Forensic Consulting Services

• The Era of Slow Growth Invites Financial Fraud & Strengthens the Business Case for Forensic Accounting Services

• Demand Swells for Miniaturized, Hand-Held Forensics Devices

• Miniaturization of DNA based Diagnostics: Still an Uphill Task

• Innovations in Forensic Technologies: Key to Growth

• Targeted Collection – The Next Generation Forensic Tool

• Image Enhancement Technology: A Shot in the Arm for Criminal Investigation

• Fingerprint Detection on Metals Now a Possibility

• Universities Emerge As Forensic R&D Hubs

• Structure of Forensic Labs in the United States

• Operational Structure

• Spotlight on Accreditation

• Challenges Confronted by Forensic Labs

• Practice of Forensic Science Attracts Widespread Criticism

• Insufficient Funding Hampers Operations of Crime Labs

• A Review of Select Technologies Applied in Forensic Investigation

• High-Speed Cameras for Ballistics Photography

• Panoramic 3D Cameras

• Alternative Light Photography

• Laser Ablation Inductively Coupled Plasma Mass Spectrometry (LA-ICP-MS)

• Video Spectral Comparator

• 3D Forensic Facial Reconstruction

• DNA Sequencer

• Forensic Carbon-14 Dating

• XFT Device – Digital Surveillance for Xbox

• Link Analysis Software for Forensic Accountants

• Magnetic Fingerprinting & Automated Fingerprint Identification System (AIFS)

• Notable Recent R&D Initiatives

• Human Microbiome

• Innovative Spectroscopy Technique Promises Effective Cloth Fiber Identification

• Use of Raman Spectroscopy for Effective Evidence Processing

• Nanoparticles: Treasure Trove of Forensic Information

• New Technique for Human Hair Identification Promises Faster Processing

• Sequence Specific Label Free Cost Effective DNA Sensors Promise to Lower Costs of DNA Analysis

• Innovative New Device Drastically Speeds Up Human DNA Extraction

• Fluorescent Fingerprint Tag to Enhance Latent Print Collection & Identification

FOCUS ON SELECT PLAYERS (Total 32 Featured)

• Agilent Technologies (USA)

• BAE Systems Plc (United Kingdom)

• Capsicum Group, LLC (USA)

• Cellmark Forensics (USA)

• Computer Forensics, Inc. (Canada)

• Creative Forensic Services (USA)

• Cyber Agents, Inc. (USA)

• Data Recovery Services (USA)

• Forensics Consulting Solutions, LLC (USA)

• Forensic Pathways Ltd. (UK)

• Foster + Freeman Ltd. (United Kingdom)

• Global Digital Forensics, Inc. (USA)

• Horiba, Ltd. (Japan)

• KrollOntrack (UK)

• Leica Geosystems AG (Switzerland)

• MicroForensics, Inc. (USA)

• MorphoTrust USA, Inc. (USA)

• Neogen Corporation (USA)

• PAPILLON ZAO (Russia)

• Pyramidal Technologies Ltd. (Barbados)

• Thermo Fisher Scientific, Inc. (USA)

• Tri-Tech Forensics, Inc. (USA)

For more information about this report visit https://www.researchandmarkets.com/r/68shbr

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