Press release
Forensic Genomics Market Forecast 2025-2034: Emerging Trends, Strategic Growth Paths, and Revenue Forecasts
Polaris Market Research recently introduced the latest update on Forensic Genomics Market that provides an extensive outlook of the market, analyzing key growth opportunities, challenges, risk factors, and emerging trends across diverse geographic regions. The report offers a definitive and meticulous analysis of the Forensic Genomics market size, share, demand, key growth factors, segmentation, country-level overview, and forecast.The report helps businesses get a thorough understanding of the industry landscape by providing a comprehensive examination of the key business opportunities, global trends, and supply-demand scope. In addition, the study gives an in-depth overview of the market revenue, status demand, competitive landscape, and regional assessment on a global scale. It is an important value addition for any company looking to develop effective business strategies and begin transformative growth.
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Market Size and Share
Global Forensic Genomics Market is currently valued at USD 470.27 million in 2024 and is anticipated to generate an estimated revenue of USD 1,829.15 million by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 14.6% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2025 - 2034
Key Market Dynamics
Market Drivers:
The research delivers crucial information on market dynamics and upcoming industry trends. It includes a comprehensive analysis of the key drivers and opportunities in the market. Other important factors, including major industry news and the introduction of new policies, are also taken into consideration.
Market Restraints:
The report highlights the factors that can be a significant barrier to the growth of the industry. It also sheds light on regional conflicts and regulatory issues that may hinder the industry's progress. Knowing the key market restraints will help stakeholders make more strategic and informed decisions.
Competitive Landscape Overview
This section of the report provides an in-depth analysis of Forensic Genomics market key players, including their company overview, production, product portfolio, business strategies, and geographical presence. A thorough examination of the competitive landscape is intended to help readers know their competitors' strengths and weaknesses and find market gaps. Moreover, new developments like mergers and acquisitions have been considered to help companies enhance their own business strategies.
Some Of The Key Players In The Market Include:
Agilent Technologies, Inc.
Bio-Rad Laboratories
Bode Technology Group Inc
Eurofins Scientific
Hamilton Company
Illumina, Inc.
InnoGenomics Technologies
LGC Limited
MGI Tech Co., Ltd.
NicheVision Forensics, LLC
Promega Corporation
Qiagen N.V.
Thermo Fisher Scientific
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Segmentation Overview
Forensic Genomics market segmentation analyzes various market segments based on type, application, region, and key players. Each segment covers vital information about sales, market share, and growth rate over the forecast period. Understanding the segments helps businesses recognize the importance of factors that support market growth.
Forensic Genomics Market, Product Outlook (Revenue - USD Million, 2020-2034)
› Instruments
▪ Sequencers
▪ Electrophoresis Systems
▪ Genetic Analyzers
› Consumables
▪ Kits
▪ Reagents
▪ DNA Extraction Solutions
› Software and Services
Forensic Genomics Market, Method Outlook (Revenue - USD Million, 2020-2034)
› Next-Generation Sequencing (NGS)
› Capillary Electrophoresis (CE)
› Polymerase Chain Reaction (PCR)
› Microarray
› Others
Key Benefits of the Report for Stakeholders
➜ Provides reliable estimation of the current market size and expected growth rate.
➜ Has precise and up-to-date information on the latest technological advancements.
➜ Includes in-depth analysis of the competitive factors affecting the industry.
➜ Covers PORTER's five forces analysis and valuable insights on Forensic Genomics market sales.
➜ Details business overviews, product benchmarking, and SWOT analysis for every key player in the market.
➜ Includes segmental analysis to help identify key opportunities in the industry.
Regional Analysis
The report presents a structured region-wise study of the Forensic Genomics market based on share, size, and CAGR. It also delivers detailed data on the most representative regions and nations across the globe. Further, it provides information about new regions that are expected to grow at a significant CAGR.
Key Regions Covered in This Report Are:
●North America (United States, Canada, and Mexico)
●Europe (Germany, France, United Kingdom, Russia, Italy, and the Rest of Europe)
●Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
●South America (Brazil, Argentina, Colombia, and the rest of South America)
●The Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, South Africa, and the Rest of the Middle East and Africa)
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Reasons to Purchase the Report
・The report offers an in-depth overview of the key drivers and restraints in the Forensic Genomics market.
・The report provides an estimate of the future market growth in each product and end-user segment.
・It underlines the key segments that are expected to experience significant growth over the forecast period.
・The report includes comprehensive information about all emerging markets.
・It includes exhaustive details about new products, recent developments, and investments in the industry.
Forensic Genomics market report has been meticulously prepared to provide correct and valuable information to stakeholders. The study is done by considering both the existing key players and new entrants in the industry. Vital study results, data sources, and analytical tools used are shared in this report analysis.
The Report Provides You Answer to Below Mentioned Question
1. What are the forensic genomics market statistics?
The global forensic genomics market was valued at USD 470.27 million in 2024 and is projected to reach USD 1,829.15 million by 2034.
2. What is the growth rate of the forensic genomics market value?
The global market is anticipated to register a CAGR of 14.6% during the forecast period.
3. Which region dominated the global market share in 2024?
North America dominated the forensic genomics market in 2024, driven by the early adoption of DNA sequencing technologies, expansion of forensic databases, and a rise in criminal casework applications.
4. Who are the key players in the market?
Key players in the forensic genomics market include Illumina, Inc., Thermo Fisher Scientific, Qiagen N.V., Agilent Technologies, Inc., Bio-Rad Laboratories, Promega Corporation, Hamilton Company, LGC Limited, Bode Technology Group Inc., Eurofins Scientific, NicheVision Forensics, LLC, MGI Tech Co., Ltd., and InnoGenomics Technologies.
5. Which segment, by product, dominated the forensic genomics market revenue share in 2024?
The instruments segment dominated the market revenue share in 2024, driven by the growing adoption of sequencing systems, PCR platforms, and electrophoresis tools in forensic laboratories.
6. Which segment, by method, is expected to witness the fastest growth during the forecast period?
The PCR segment is projected to exhibit the fastest CAGR during the forecast period, owing to its efficiency in rapidly amplifying small DNA samples at a lower cost.
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Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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