Press release
Global Forensic Genomics Market Growing at a CAGR of 14.16% to Reach USD 1447.91 Million By 2030 | Infinium Global Research
Infinium Global Research, a leading market research firm, has released a comprehensive report analyzing the Global Forensic Genomics Market. The report dives deep into the segments and sub-segments of this burgeoning industry, shedding light on its evolution, driving factors, and future trajectory.The detailed study evaluates the impact of drivers, restraints, and macro indicators on both global and regional forensic genomics markets, offering a holistic view of trends, forecasts, and dollar values within the industry.
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Market Insight: A Snapshot of Growth and Development
The global forensic genomics market, valued at USD 502.02 million in 2022, is poised for substantial growth, projected to reach USD 1447.91 million by 2030. This anticipated growth represents a remarkable Compound Annual Growth Rate (CAGR) of 14.16% during the forecast period from 2023 to 2030.
Forensic genomics, a specialized discipline within forensic science, integrates genetics, genomics, and molecular biology to decode genetic information for criminal investigations and legal purposes. Initially focused on human DNA profiling for criminal cases, the field has expanded exponentially, encompassing diverse applications such as wildlife conservation and disaster victim identification.
Driving Forces and Market Dynamics
The market is propelled by an increasing demand for DNA analysis in criminal investigations and the broadening scope of forensic genomics beyond traditional applications. The pivotal role of forensic genomics in solving crimes, establishing familial relationships, and addressing paternity disputes underscores its growing relevance in the realm of forensic science.
The expansion of applications, particularly in wildlife conservation and disaster victim identification, showcases the versatility and value of forensic genomics beyond conventional criminal investigations. However, challenges related to ethical concerns, privacy issues, and regulatory frameworks pose obstacles to market growth, necessitating robust data protection and regulatory measures.
Regional Insights and Market Dominance
North America, particularly the United States, dominates the global forensic genomics market due to substantial investments in technology and the presence of key market players. Factors such as a robust legal framework, increasing crime rates, and the adoption of advanced genomics techniques further contribute to the region's market dominance.
The Asia-Pacific region emerges as one of the fastest-growing markets, driven by rising awareness of forensic DNA analysis, government initiatives to bolster forensic capabilities, and expanding DNA databases for criminal identification and disaster victim identification.
Segments Covered
The report segments the global forensic genomics market based on solutions, methods, and applications. Solutions include kits, analyzers & sequencers, software, and consumables. Methods encompass capillary electrophoresis (CE), next-generation sequencing, and PCR amplifications. Application segments cover criminal testing, paternity testing, and familial testing.
Companies Profiled
The report provides comprehensive profiles of key companies in the market, including Illumina, Inc., Agilent Technologies, Inc., Thermo Fisher Scientific, GE HealthCare, Eurofins Discovery, Gene by Gene, Ltd., Verogen, Inc, BGI Geonomics, Neogen Corporation, and QIAGEN.
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Table of Content
Chapter 1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
Chapter 2. Executive Summary
2.1. Forensic Genomics Market Highlights
2.2. Forensic Genomics Market Projection
2.3. Forensic Genomics Market Regional Highlights
Chapter 3. Global Forensic Genomics Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter`s Five Forces Analysis
3.4. IGR-Growth Matrix Analysis
3.4.1. IGR-Growth Matrix Analysis by Solution
3.4.2. IGR-Growth Matrix Analysis by Method
3.4.3. IGR-Growth Matrix Analysis by Application
3.4.4. IGR-Growth Matrix Analysis by Region
3.5. Value Chain Analysis of Forensic Genomics Market
Chapter 4. Forensic Genomics Market Macro Indicator Analysis
Chapter 5. Company Profiles and Competitive Landscape
5.1. Competitive Landscape in the Global Forensic Genomics Market
5.2. Companies Profiles
5.2.1. Illumina, Inc.
5.2.2. Agilent Technologies, Inc.
5.2.3. Thermo Fisher Scientific
5.2.4. GE HealthCare
5.2.5. Eurofins Discovery
5.2.6. Gene by Gene, Ltd.
5.2.7. Verogen, Inc
5.2.8. BGI Geonomics
5.2.9. Neogen Corporation
5.2.10. QIAGEN
Chapter 6. Global Forensic Genomics Market by Solution
6.1. Kits
6.2. Analysers & Sequencers
6.3. Software
6.4. Consumables
Chapter 7. Global Forensic Genomics Market by Method
7.1. Capillary Electrophoresis (CE)
7.2. Next-generation Sequencing
7.3. PCR Amplifications
Chapter 8. Global Forensic Genomics Market by Application
8.1. Criminal Testing
8.2. Paternity Testing
8.3. Familial Testing
Chapter 9. Global Forensic Genomics Market by Region 2023-2030
9.1. North America
9.1.1. North America Forensic Genomics Market by Solution
9.1.2. North America Forensic Genomics Market by Method
9.1.3. North America Forensic Genomics Market by Application
9.1.4. North America Forensic Genomics Market by Country
9.1.4.1. The U.S. Forensic Genomics Market
9.1.4.1.1. The U.S. Forensic Genomics Market by Solution
9.1.4.1.2. The U.S. Forensic Genomics Market by Method
9.1.4.1.3. The U.S. Forensic Genomics Market by Application
9.1.4.2. Canada Forensic Genomics Market
9.1.4.2.1. Canada Forensic Genomics Market by Solution
9.1.4.2.2. Canada Forensic Genomics Market by Method
9.1.4.2.3. Canada Forensic Genomics Market by Application
9.1.4.3. Mexico Forensic Genomics Market
9.1.4.3.1. Mexico Forensic Genomics Market by Solution
9.1.4.3.2. Mexico Forensic Genomics Market by Method
9.1.4.3.3. Mexico Forensic Genomics Market by Application
9.2. Europe
9.2.1. Europe Forensic Genomics Market by Solution
9.2.2. Europe Forensic Genomics Market by Method
9.2.3. Europe Forensic Genomics Market by Application
9.2.4. Europe Forensic Genomics Market by Country
9.2.4.1. Germany Forensic Genomics Market
9.2.4.1.1. Germany Forensic Genomics Market by Solution
9.2.4.1.2. Germany Forensic Genomics Market by Method
9.2.4.1.3. Germany Forensic Genomics Market by Application
9.2.4.2. United Kingdom Forensic Genomics Market
9.2.4.2.1. United Kingdom Forensic Genomics Market by Solution
9.2.4.2.2. United Kingdom Forensic Genomics Market by Method
9.2.4.2.3. United Kingdom Forensic Genomics Market by Application
9.2.4.3. France Forensic Genomics Market
9.2.4.3.1. France Forensic Genomics Market by Solution
9.2.4.3.2. France Forensic Genomics Market by Method
9.2.4.3.3. France Forensic Genomics Market by Application
9.2.4.4. Italy Forensic Genomics Market
9.2.4.4.1. Italy Forensic Genomics Market by Solution
9.2.4.4.2. Italy Forensic Genomics Market by Method
9.2.4.4.3. Italy Forensic Genomics Market by Application
9.2.4.5. Rest of Europe Forensic Genomics Market
9.2.4.5.1. Rest of Europe Forensic Genomics Market by Solution
9.2.4.5.2. Rest of Europe Forensic Genomics Market by Method
9.2.4.5.3. Rest of Europe Forensic Genomics Market by Application
9.3. Asia Pacific
9.3.1. Asia Pacific Forensic Genomics Market by Solution
9.3.2. Asia Pacific Forensic Genomics Market by Method
9.3.3. Asia Pacific Forensic Genomics Market by Application
9.3.4. Asia Pacific Forensic Genomics Market by Country
9.3.4.1. China Forensic Genomics Market
9.3.4.1.1. China Forensic Genomics Market by Solution
9.3.4.1.2. China Forensic Genomics Market by Method
9.3.4.1.3. China Forensic Genomics Market by Application
9.3.4.2. Japan Forensic Genomics Market
9.3.4.2.1. Japan Forensic Genomics Market by Solution
9.3.4.2.2. Japan Forensic Genomics Market by Method
9.3.4.2.3. Japan Forensic Genomics Market by Application
9.3.4.3. India Forensic Genomics Market
9.3.4.3.1. India Forensic Genomics Market by Solution
9.3.4.3.2. India Forensic Genomics Market by Method
9.3.4.3.3. India Forensic Genomics Market by Application
9.3.4.4. South Korea Forensic Genomics Market
9.3.4.4.1. South Korea Forensic Genomics Market by Solution
9.3.4.4.2. South Korea Forensic Genomics Market by Method
9.3.4.4.3. South Korea Forensic Genomics Market by Application
9.3.4.5. Australia Forensic Genomics Market
9.3.4.5.1. Australia Forensic Genomics Market by Solution
9.3.4.5.2. Australia Forensic Genomics Market by Method
9.3.4.5.3. Australia Forensic Genomics Market by Application
9.3.4.6. Rest of Asia-Pacific Forensic Genomics Market
9.3.4.6.1. Rest of Asia-Pacific Forensic Genomics Market by Solution
9.3.4.6.2. Rest of Asia-Pacific Forensic Genomics Market by Method
9.3.4.6.3. Rest of Asia-Pacific Forensic Genomics Market by Application
9.4. RoW
9.4.1. RoW Forensic Genomics Market by Solution
9.4.2. RoW Forensic Genomics Market by Method
9.4.3. RoW Forensic Genomics Market by Application
9.4.4. RoW Forensic Genomics Market by Sub-region
9.4.4.1. Latin America Forensic Genomics Market
9.4.4.1.1. Latin America Forensic Genomics Market by Solution
9.4.4.1.2. Latin America Forensic Genomics Market by Method
9.4.4.1.3. Latin America Forensic Genomics Market by Application
9.4.4.2. Middle East Forensic Genomics Market
9.4.4.2.1. Middle East Forensic Genomics Market by Solution
9.4.4.2.2. Middle East Forensic Genomics Market by Method
9.4.4.2.3. Middle East Forensic Genomics Market by Application
9.4.4.3. Africa Forensic Genomics Market
9.4.4.3.1. Africa Forensic Genomics Market by Solution
9.4.4.3.2. Africa Forensic Genomics Market by Method
9.4.4.3.3. Africa Forensic Genomics Market by Application
More Insights on this report, Speak to Our Analyst: https://www.infiniumglobalresearch.com/market-reports/enquiry/970
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of forensic genomics.
=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.
=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.
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About Infinium Global Research:
Infinium Global Research is a business consulting and market research firm; a group of experts that caters to fulfilling business and market research needs of leading companies in various industry verticals and business segments. The company also serves government bodies, institutes, and non-profit/non-government organizations to meet their knowledge and information needs.
Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts are engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations, and the environment, Infinium often conducts regular meets with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.
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