Forensic Technology Market Analysis
Based on technology, the market is segmented into spectroscopy, Next Generation Sequencing (NGS), biosensor (fingerprint), Polymerase Chain Reaction (PCR), capillary electrophoresis (CE), automated liquid handling technology, high speed ballistic photography, and other technologies. The spectroscopy segment is anticipated to grow at 9.5% CAGR by 2032.
- Spectroscopic techniques, such as infrared, UV-visible, and Raman spectroscopy, have emerged as indispensable tools for forensic investigators and analysts. Their ability to identify and analyze a wide range of substances, from drugs to explosives and biological materials, has greatly enhanced the accuracy and efficiency of criminal investigations.
- Furthermore, the integration of spectroscopy with cutting-edge technologies, such as portable and handheld devices.
Based on component, the forensic technology market is classified into product and services. The product segment is further categorized as spectrophotometers, kits & analysers, 3D scanner, high powered microscopes, and other products.
- These precision instruments have become invaluable tools for forensic scientists and investigators, aiding in the analysis of evidence such as DNA, drugs, and various chemical substances.
- The high expansion can be attributed to the increasing demand for accurate and reliable analytical techniques in criminal investigations and the judicial system. Spectrophotometers provide unmatched capabilities for identifying and quantifying substances, enabling faster and more efficient forensic analysis.
- Moreover, advancements in spectrophotometric technology, such as the integration of automation and improved sensitivity.
Based on sample type, the forensic technology market is classified into hair, skin, blood, tissue sample, metal, and other sample types. The blood sample segment accounted for the highest market share in 2022 and is anticipated to reach USD 12.3 billion in 2032.
- Blood is a good source of DNA. It contains white blood cells and red blood cells, both of which contain DNA. White blood cells are rich in DNA and are commonly used for various DNA forensics, such as DNA profiling, paternity testing, and genetic testing.
Based on application, the forensic technology market is classified into pharmacogenetics, biodefence, and judicial and law enforcement. High market share can be attributed to the ongoing global initiatives by government and law enforcement authorities to establish DNA databases. For instance, in the U.S., the DNA Identification Act of 1994 empowered the FBI to establish a national DNA database, facilitating the resolution of a backlog of criminal cases and simplifying a wide range of forensic applications within the realm of justice administration.
The North America forensic technology market dominated the market in 2022, with a market share of 42.7% in 2022.
- The dominance can be attributed to the rising prevalence of criminal cases, which has led to a surge in forensic investigations across the region. Also, law enforcement agencies and private enterprises alike are driving the adoption of forensic tools and services across diverse sectors, including healthcare.
- Additionally, advancements in state-of-the-art forensic methodologies and the presence of advanced healthcare infrastructure have significantly enhanced the efficiency of forensic analysis conducted in the region.