Forensic Technologies and Services Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis

The Global Forensic Technologies and Services Market was valued at US$ 10,035.1 million in 2015 and is projected to expand at a CAGR of 12.4% during the forecast period (2016-2024), as highlighted in a new report published by Coherent Market Insights. Rise in crime activities globally will fuel demand for DNA profiling forensic services hence augment the market growth.
DNA is one of the most important differentiating factor for all living beings. The base of this different nature and individuality lies in the genetic material encoded by each organism in its deoxyribonucleic acid. As every person has a unique DNA sequence, it becomes easy for a forensic expert to identify the criminal, it states as human or a particular species of bird or animal, individuals within each group will have their own exclusive sequences. The DNA profiling helps the experts with genetic information which is stored in DNA cells, with the detailed linear order of spirals of four chemicals (called nucleotides) constitute individual genes. These genetic factor or genes translate the specific protein products that are needed for the cells of an organism to multiply and function. In each individual, the deoxyribonucleic acid in every cell is split into 23 pairs of chromosomes. When the coding sequence is disrupted by long stretch DNA, then it is called junk DNA and in biotechnology these changes are captured and recorded forms the basis of DNA profiling which further allows scientists to discriminate between individuals
There are two types DNA fingerprinting tests globally and are referred as Restriction fragment length polymorphism and polymerase chain reaction and amplification of short tandem repeats (STRs). Other diagnostic methods exist, but these methods lack accuracy and precision.
Restriction fragment length polymorphism is considered as more efficient because of the sample size and fresh DNA sample utility. Though the Restriction fragment length polymorphism is relatively expensive and takes a longer time to detect the substance, the experts prefer this as it has very negligible chances of error in detecting the junk DNA as compared to short tandem repeats (STRs). Some of the application of DNA fingerprinting are Paternity and Maternity Determination, Personal Identification, Diagnosis of Inherited Disorders, Development of Cures for Inherited Disorders, Detection of AIDS, and Breeding Program etc.
Key takeaways of the forensic technologies and services market:
• The global forensic technologies and services market is expected to expand at a CAGR of 12.4% during the forecast period (2016-2024) as there exists a huge unrealized market especially in Asia Pacific, Latin America, Middle East and Africa
• The DNA profiling segmented under by type will dominate the forensic technologies and services market as there are many unresolved crime cases which can only be solved after DNA identification
• Laboratory Forensic dominates the market in terms of market share and revenue throughout the forecast period.
• Some of the major players involved in global forensic technologies and services market are Agilent Technologies, Inc., Creative Forensic Services, eDirect Impact, LLC, Capsicum Group LLC, Computer Forensic, Inc., Illumina, Inc., BAE Systems plc, and others.

Thrust Vector Control System (TVC) Market - Size, Share, Outlook, and Forecast till 2026

Published Date : Jun 2018

Thrust Vector Control system (TVC) also called as Thrust vectoring is the ability of an aircraft, rocket, or other vehicles to control the direction of the thrust from engine or motor in order to control the attitude or angular velocity of the vehicle. Thrust Vectorin...

Ultra High Molecular Weight Polyethylene Ropes Market - Size, Share, Outlook, and Forecast till 2026

Published Date : Jun 2018

Ultra High Molecular Weight Polyethylene (UHMWPE) is odorless, tasteless, nontoxic, and resistant to corrosive chemicals except oxidizing acids having low moisture absorption (Hydrophobic) capacity and low coefficient of friction.  UHMWPE can float in water due t...

Enzyme Linked Immunosorbent Assay (ELISA) Analyzer Market - Size, Share, Outlook, and Forecast till 2026

Published Date : Jun 2018

ELISA analyzer is a fully automated instrument for performing Enzyme Linked Immunosorbent Assay (ELISA). This device is designed to perform in vitro diagnostic tests for autoimmune diseases and infectious diseases such as AIDS. ...

Naloxone Market - Size, Share, Outlook, and Forecast till 2026

Published Date : Jun 2018

Naloxone, also referred to as Narcan, is an opioid antagonist that is widely used to reverse opioid overdose completely or partially. Opioid overdose generally causes respiratory depression among people, thus naloxone is used to reverse this adverse effect. Narcan is ...

Global Dual Specificity Protein Kinase TTK Market - Size, Share, Outlook, and Forecast till 2026

Published Date : Jun 2018

A protein kinase is a kinase enzyme that helps in the modification of other proteins by chemically adding phosphate groups to them, which is known as phosphorylation. Dual specificity protein kinase TTK, also known as Mps1, is an enzyme, which is encoded by the TTK ge...

Smoked Eel Market - Size, Share, Outlook, and Forecast till 2026

Published Date : Jun 2018

Smoked eels are fishes that are cured by smoking. Foods have been smoked by humans throughout history, however, it was done to preserve the food. Nowadays, preservation of fish is possible by refrigeration or freezing. The smoking of fish adds a unique taste and flavo...

Fallopian Tube Cancer Market - Size, Share, Outlook, and Forecast till 2026

Published Date : Jun 2018

Fallopian Tubes also called as uterine tube are pair of tubes, which carry an egg from the ovary to the uterus. Fallopian tube cancer also called as tubal cancer is caused due to uncontrolled growth of cells in fallopian tubes that connect the ovaries and the uterus. ...

Inoculating Turntables Market - Size, Share, Outlook, and Forecast till 2026

Published Date : Jun 2018

Microbiology has wide applications in various end-use industries such as food and beverages, textiles, leather, dairy, alcohol fermentation industries. Microbiological processes involve inoculation of specific strain of bacteria in culture in order to get desired resu...

Submarine Escape Immersion Equipment Market - Size, Share, Outlook, and Forecast till 2026

Published Date : Jun 2018

Submarine escape immersion equipment (SEIE) is a whole-body suit and one-man life raft, which is designed to allow submariners to escape from a sunken submarine. This suit was first invented by RFD Beaufort Limited, a Europe-based company. The suit is an upgrade to th...

Medium Voltage Vacuum Contactors Market - Size, Share, Outlook, and Forecast till 2026

Published Date : Jun 2018

Vacuum contactors are the major components of any electrical circuit that requires voltage switching. Vacuum contactors utilize vacuum bottle encapsulated contacts to suppress the arc. The suppression of arc allows the contacts to be much smaller and exploits less spa...

 

Select Licence :

  • Single User : $4500
  • Multiple User : $7000
  • Corporate User : $10000

Happy To Assist You

Assist you at Worldwide Market Reports

We will be happy to help you find what you need. Please call us or write to us:

Worldwide Market Reports Benefits

Custom Research Solution

Talk to our research consultant to design an exclusive report as per your research needs.

Customer Fulfilment

We aim to fulfil client's research demands with tailored research solutions.

Quick Turnaround Time Reports

We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

360-degree Approach

We cover each industry from supply and demand side with an aim to provide a most holistic research study.