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Forensic Equipment and Supplies Market Size, Revenue Growth Trends, Company Strategy Analysis 2028

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jhon tanison

The growing significance of DNA analysis in criminal investigations and the rising number of forensic laboratories are the key factors fueling the growth of this market

Market Size – USD 6.7 billion in 2020, Market Growth – at a CAGR of 7.9%, Market Trends – The rising government focus on strengthening national intelligence competencies

The global forensic equipment and supplies market size is expected to reach USD 12 billion by 2028 at a CAGR of 7.9%, according to a new report by Reports and Data. The steadfast growth of the market is accelerated by the consistently rising number of crimes and violations of law & order worldwide, mainly in regions with the lowest literacy rates, increasing adoption of leading-edge forensic technologies across government and independent forensic labs, and the significant role of DNA profiling and identification in criminal investigations. The extensive usage of advanced forensic equipment across crime investigation agencies and intelligence agencies and rising government initiatives to strengthen national intelligence capabilities create market growth opportunities in the near future.

 Key companies operating in the market and profiled in the report include:

Thermo Fisher Scientific, SCIEX (Danaher Corporation), GE Healthcare, PerkinElmer, Agilent Technologies, Air Science, QIAGEN NV, Illumina, Inc., Lynn Peavey Company, Waters Corporation, BVDA International, Spectris, Safariland, LLC, Horiba, and Sirchie

Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/3895

The report is an investigative study that determines market growth and market scope on the basis of market trends, consumer behavior shifts, consumption and production patterns, product portfolio offered by the market, growth rate, drivers and constraints, financial positions, and existing challenges and limitations of the Forensic Equipment and Supplies market.

The report discusses in detail the global production capacity, demand and supply ratio, market dynamics, and comprehensive analysis of the competitive landscape. It provides an industry-wide analysis of the market share of each players along with their business portfolio, production and manufacturing capacity, product portfolio, business expansion plans, financial standing, and strategic alliances such as mergers and acquisitions, joint ventures, and collaborations, among others.

Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/3895

The Forensic Equipment and Supplies market takes into account major geographical locations such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa to offer key insights into market growth, market size, market share, revenue growth, current and emerging trends, supply and demand ratio, import/export, consumer demand and behavior, and presence of key players in each region. The report offers an in-depth country wise analysis to impart better understanding of the market and its growth prospects.

Segments Covered in the report

By Product Type (Revenue, USD Billion; 2018-2028)

  • Evidence-drying Cabinets
  • Reagents and Consumables
  • Low-temperature Storage Devices

By Instrument Type (Revenue, USD Billion; 2018-2028)

  • Spectroscopy Equipment
    • Mass Spectrometers
    • Fluorescence Spectrometers
    • Infrared Spectrometers
    • UV-visible Spectrometers
    • Atomic Absorption Spectrometers
  • DNA Analyzers
    • PCR Instruments
    • Sanger Sequencers
    • Electrophoresis Instruments
    • NGS Instruments
  • Fingerprint Analyzers
  • Blood Chemistry Analyzers
  • Microscopes
  • Forensic Cameras
  • Laboratory Centrifuges
  • Gas Chromatography Systems
  • Liquid Chromatography Systems
  • Others (Automated liquid handling systems, laboratory evaporators, powder flow analyzers, cage changing hoods, powder dispensers, forensic workstations, etc.)

By Application (Revenue, USD Billion; 2018-2028)

  • DNA Analysis
  • Drug Testing/Toxicology
  • Blood Analysis
  • Biometrics
  • Others

By End-user (Revenue, USD Billion; 2018-2028)

  • Independent Forensic Laboratories
  • Government Forensic Laboratories
  • Research Laboratories & Academic Institutes

 

Key Regions Analyzed in the Report include:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • Italy
    • France
    • BENELUX
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Rest of LATAM
  • Middle East & Africa
    • Saudi Arabia
    • U.A.E.
    • South Africa
    • Rest of MEA

To know more about the report @ https://www.reportsanddata.com/report-detail/forensic-equipment-and-supplies-market

Furthermore, it consists information about individual segment of the Forensic Equipment and Supplies market based on the types and application. The report also offers insights about the key segments expected to register significant revenue growth over the forecast period and primary trends influencing their growth. It also offers CAGR and market share values for each segment to provide clear understanding of demand and trend in the global market.

Key Highlights of the Report:

  • Based on product type, the reagents & consumables segment stands out as the most dominant market segment, accounting for the highest revenue share in 2020. This segment is projected to grow significantly in the forthcoming years, mainly owing to the surging use of forensic reagents & consumables in trace evidence analysis, the growing use of DNA profiling in criminal investigations, and the rising government spending on forensic science development.
  • The drug testing/toxicology segment is estimated to emerge as the leading application segment over the forecast timeframe. The growing incidences of crimes, such as homicides, poisoning, drug abuse, and murders, across the globe, the emergence of advanced toxicity analysis platforms, and the rising availability of forensic toxicology laboratories are among the most vital factors fueling this segment’s growth.
  • North America is poised to emerge as the leading regional segment in the global forensic equipment and suppliesmarket over the estimated period, holding the highest revenue share. The presence of robust judicial systems in North America, mainly the U.S., the region’s leading crime investigation agencies, such as the Federal Bureau of Investigation (FBI), increasing investments by the government in the forensics industry, the fast-paced adoption of state-of-the-art forensic technologies across various independent and government forensic laboratories are the pivotal factors behind this regional segment’s growth.

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Thank you for reading our report. For any specific details on customization of this report, please get in touch with us. We will ensure the report you get is well-suited to your needs.

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