Press release
Human Identification Market Is Anticipated to Grow further till USD 5.0 Billion by 2031 | Thermo Fisher Scientific Inc., Qiagen N.V., Promega Corporation
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Market Trends and Drivers
One of the main factors fueling the market's expansion is the increased demand for DNA testing due to the global increase in crime rates. Accordingly, human identification is frequently utilised in forensics, disaster victim identification, and anthropology to weed out people who are incorrectly linked to crimes and divert resources to more fruitful lines of inquiry. Additionally, a number of technical developments, including the fusion of artificial intelligence (AI) and machine learning (ML), are boosting market growth by assisting in mapping and recording facial features, acquiring high-quality source samples, and enhancing system efficiency. Capillary electrophoresis (CE) and massively parallel sequencing (MPS) approaches for human identification in forensic and paternity tests have also been improved by recent advances in sequencing technology.
Global Human Identification Market Segmental Overview
The global human identification market is segmented into product, technology, application, end user, and region.
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Major Players in the Global Human Identification Market
The major players studied in the report are Thermo Fisher Scientific Inc., Qiagen N.V., Promega Corporation, Agilent Technologies, Inc., General Electric Company (GE Healthcare), Illumina Inc., LGC Limited, NMS Labs Inc., Laboratory Corporation of America Holdings, Eurofins Scientific, Hamilton Company, and Integenx Inc. among others.
COVID-19 Impact
Every aspect of life has been influenced by the COVID-19 epidemic. As a result, the market environment has undergone a number of changes. Due to the outbreak's detrimental effects on the economy, people were more concerned with reducing non-essential spending from their personal budgets, which decreased demand. A sizeable portion of market revenue is currently generated by law enforcement organisations investigating crimes and disaster victims, but in the years to come, the medical applications of human identification systems, such as paternity and kinship identification, as well as the study of genes to create new therapeutics, are anticipated to produce profitable outcomes.
Recent Developments
June 2021, Thermo Fisher Scientific has announced the launch of its new Precision ID GlobalFiler NGS STR Panel v2 for forensic DNA analysis. This next-generation sequencing STR panel combines the functionality of the Applied Biosystems Precision ID GlobalFiler NGS STR Panel v2 with that of the Converge Software 2.0 solution.
November 2019, QIAGEN N.V. announced an agreement with LabCorp to extend their current QIAGEN Clinical Insights license with QIAGEN's Human Gene Mutation Database of inherited diseases mutation.
March 2018, Thermo Fisher Scientific has acquired integenX, provider of a rapid DNA platform for forensic and law enforcement. The move will complement Thermo Fisher's existing human identification chemistries, with RapidHIT platforms, software analysis tools and related consumables that are "highly compatible" with Thermo Fisher's short tandem repeat chemistries.
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