Competitive Strength of the Key Leading Players in Human Identification Market to Post a CAGR of 11% by 2023 | AGILENT TECHNOLOGIES INC., GE HEALTHCARE, ILLUMINA INC., LGC LIMITED, NMS LABS INC., ORCHID CELL MARKET INC., and THERMO FISHER SCIENTIFIC INC.

Market Analysis:

North America to Lead the Market

Due to the presence of sophisticated and supportive healthcare infrastructure, North America dominates the human identification market, followed by Europe.

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Advancements in DNA analysis technologies have had an enormous impact on the progress of life science research. While exciting scientific and technological advances are still on the horizon, the above-mentioned advancements are currently driving the human identification market .The other factors, such as increasing demand to reduce time and cost of DNA analysis, encouragement from governments in the form of initiatives, and the increased awareness about the benefits of new technologies in DNA analysis, are driving the growth of the market studied .Expensive instruments hindering the growth of the market. Other factors, such as insufficient budgets in R&D for certain regions, are also hindering the growth of the market.

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Market Segments:
Human Identification Market is segmented by:
1. Technology: Microfluidics, Electrophoresis, DNA Quantification, Nucleic Acid Analysis, Polymerase Chain Reaction (PCR) Analysis, Next Generation Sequencing (NGS), DNA Extraction, Data Analysis, Other Technologies.
2. Product: Lab Instruments, Lab Reagents and Chemicals, Kits and Assays, Software and Digital Storage
3. Application: Offender DNA Data Basing, Forensic DNA Casework, Paternity Testing, Missing Person Investigations, Disaster Victim Identification, Genetic Studies, Population Studies,
4. Geography: North America, South America, Europe, Asia Pacific, Middle East & Africa

Key Developments in the Market
• March 2018 - Thermo Fisher Scientific Acquired IntegenX, a provider of leading rapid DNA technologies for human identification.
• December 2017 - Thermo Fisher Scientific acquired Phenom-World.
• July 2017 - Agilent Technologies acquired Cobalt Light Systems, the Raman Spectroscopy Innovator.

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