Human Identification market rising at 11.4% CAGR to 2028

The proposed Human Identification market report will encompass all the qualitative & quantitative aspects including the market size, market estimates, growth rates & forecasts & hence will give you a holistic view of the market. The study also includes detailed analysis of market drivers, restraints, technological advancements & competitive landscape along with various micro & macro factors influencing the market dynamics.

The human identification market is projected to grow from US$ 1,827.02 million in 2021 to US$ 3,900.24 million by 2028 at a CAGR of 11.4% between 2021 and 2028.

Human Identification processes are used to prevent blood transfusion and associated complications by removing macroaggregates and leucocytes from the donor blood.

The rise of the human identification market is attributed to the government initiatives for forensic programs and new sampling methods and portable equipment supporting DNA phenotyping, immunochromatography, geolocation, and other advanced forensic techniques. However, the high cost associated with instruments used in genomic studies is acting as a hindrance to the human identification market's growth

Sample PDF showcases the content structure and the nature of the information included in the report which presents a qualitative and quantitative analysis

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Furthermore, the Human Identification market full research study is designed on account of the fact that each segment is individually assessed and then collated to form the whole market, the study can be tailor-made to fit your exact requirements.

The structure of the Human Identification market report can be categorized into following sections:   

Section 1: scope of the report & research methodology

Section 2: key takeaways                                                                   

Section 3: market variables & their impact on growth and analytical tools providing high level insights into the market dynamics and growth pattern

Section 4: market estimates and forecasts (with the base year as 2019, historic information of 2016 & 2018 and forecast from 2021 to 2028). Regional and country level estimates and forecasts for each category which are summed up to form the global market.

Section 5: competitive landscape. Attributes such as strategy framework, competitor categorization are included to provide elaborate details on the market structure & strategic undertakings as well as their impact.

Product and Services-based Insights

Based on products and services, the human identification market is segmented into consumables, services, instruments, and software. The consumables segment held the largest share of the market in 2021. It is anticipated to register the highest CAGR in the market during the forecast period. Consumables in the human identification market are fundamental kits and chemicals required for the human identification processes such as capillary electrophoresis, microfluidics, polymerase chain reaction (PCR), nucleic acid purification and extraction, automated liquid handling, microarrays, next-generation sequencing (NGS), rapid DNA analysis, and others.

Technology-based Insights         

Based on technology, the human identification market is segmented into capillary electrophoresis, polymerase chain reaction, nucleic acid purification and extraction, automated liquid handling, microarrays, next-generation sequencing, and rapid DNA analysis. The capillary electrophoresis segment held the largest share of the market in 2021. However, polymerase chain reaction is anticipated to register the highest CAGR in the human identification market during the forecast period.

Application-based Insights

Based on application, the human identification market is segmented into forensic applications, paternity identification, and other applications. The forensic application segment led the market in 2021 and is anticipated to register a highest CAGR in the market during the forecast period.

The prominent/emerging players in the Human Identification market research include:

THERMO FISHER SCIENTIFIC INC.
Promega Corporation
Bio-Rad Laboratories, Inc.
QIAGEN
General Electric Company
Illumina, Inc.
Eurofins Scientific
Agilent Technologies, Inc.
Hamilton Company
LGC Limited

The Human Identification market company profiles are individually represented for all major participants and indices such as financial performance, strategic initiatives, product portfolio & company overview.

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Company overview:                                                              

Company overview provides the information about location of the company where it is headquartered along with the established year, employee strength as of 2017, regions where the company is operating and the key business areas.

Financial performance:          

Overall company/segment revenue for the year 2019, 2018, and 2017 is provided in the sub title "financial performance" (public listed companies) along with the analysis and explanation of the increase or decrease in the same due to factors such as mergers & acquisition, profit or loss in any strategic business unit (sbus) and others.

Product benchmarking:                                                                          

Product benchmarking comprises the comprehensive list of products pertaining to the respective market along with the application and key features.

Strategic initiatives:         

Insights pertaining to the new product launch, strategic collaboration, mergers and acquisition, regulatory approval, and other developments by the company in market are covered under strategic initiatives section.

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The Human Identification market research study is designed keeping in focus all the major countries. Although, all these countries & their market trends were accounted for while composing it, detailed sections are available for only the spearheads. In case if you would be interested in specific countries which are not covered in the current scope, kindly share the list & we can customize the study based on the geographical scope defined by you.

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About us:                                                                                   

The insight partners is a one stop industry research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are specialist in industries such as semiconductor and electronics, aerospace and defense, automotive and transportation, Human Identification, healthcare it, manufacturing and construction, medical device, technology, media and telecommunications, chemicals and materials.

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This release was published on openPR.