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Forensic Equipment and Supplies Market Size Worth $12 Billion by 2028, with Industry Players – GE Healthcare, PerkinElmer, Agilent Technologies and More

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Forensic Equipment and Supplies Market Size Worth $12 Billion by 2028, with Industry Players – GE Healthcare, PerkinElmer, Agilent Technologies and More

May 04
21:03 2021
Forensic Equipment and Supplies Market Size Worth $12 Billion by 2028, with Industry Players - GE Healthcare, PerkinElmer, Agilent Technologies and More

Forensic Equipment and Supplies Market
The growing significance of DNA analysis in criminal investigations and the rising number of forensic laboratories are the key factors fueling the growth of this market

The global Forensic Equipment And Supplies Market size is expected to reach USD 12 billion by 2028 at a CAGR of 7.9%, according to a new report by Reports and Data. The steadfast growth of the market is accelerated by the consistently rising number of crimes and violations of law & order worldwide, mainly in regions with the lowest literacy rates, increasing adoption of leading-edge forensic technologies across government and independent forensic labs, and the significant role of DNA profiling and identification in criminal investigations. The extensive usage of advanced forensic equipment across crime investigation agencies and intelligence agencies and rising government initiatives to strengthen national intelligence capabilities create market growth opportunities in the near future.

Forensic equipment and supplies are laboratory equipment used in the detection and analysis of evidence or samples gathered from crime scenes, victims, or suspects using advanced genetic and biochemical technologies and methods. These tools are widely employed by forensic professionals in criminal investigations, and pharmaceutical and biotechnological research, and academic studies. Forensic equipment are used for trace evidence detection, forensic toxicology, DNA sequencing, body fluid analysis, fingerprint identification, blood pattern analysis, facial reconstruction, compound determination of harmful chemicals, and fire debris analysis. The rising number of forensic laboratories, surge in adoption of highly advanced forensic technologies in criminology, toxicology, and pharmacology, and the augmented government investments in the forensics industry are the other critical factors accountable for the growth of the global forensic equipment and supplies market. However, the snowballing costs of forensic equipment are a significant factor predicted to impede the market growth in the years to come.

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Key findings in the report:

  • Based on product type, the reagents & consumables segment stands out as the most dominant market segment, accounting for the highest revenue share in 2020. This segment is projected to grow significantly in the forthcoming years, mainly owing to the surging use of forensic reagents & consumables in trace evidence analysis, the growing use of DNA profiling in criminal investigations, and the rising government spending on forensic science development.
  • The drug testing/toxicology segment is estimated to emerge as the leading application segment over the forecast timeframe. The growing incidences of crimes, such as homicides, poisoning, drug abuse, and murders, across the globe, the emergence of advanced toxicity analysis platforms, and the rising availability of forensic toxicology laboratories are among the most vital factors fueling this segment’s growth.
  • North America is poised to emerge as the leading regional segment in the global forensic equipment and supplies market over the estimated period, holding the highest revenue share. The presence of robust judicial systems in North America, mainly the U.S., the region’s leading crime investigation agencies, such as the Federal Bureau of Investigation (FBI), increasing investments by the government in the forensics industry, the fast-paced adoption of state-of-the-art forensic technologies across various independent and government forensic laboratories are the pivotal factors behind this regional segment’s growth.
  • Thermo Fisher Scientific, SCIEX (Danaher Corporation), GE Healthcare, PerkinElmer, Agilent Technologies, Air Science, QIAGEN NV, Illumina, Inc., Lynn Peavey Company, Waters Corporation, BVDA International, Spectris, Safariland, LLC, Horiba, and Sirchie are the leading market competitors.

Forensic Equipment and Supplies Market Size, Share & Analysis, By Product Type, By Application, By End-User, And By Region, Forecast To 2028, To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/forensic-equipment-and-supplies-market

For the purpose of this report, the global forensic equipment and supplies market is segmented based on product type, instrument type, application, end-user, and region:

By Product Type (Revenue, USD Billion; 2018-2028)

  • Evidence-drying Cabinets
  • Reagents and Consumables
  • Low-temperature Storage Devices

By Instrument Type (Revenue, USD Billion; 2018-2028)

  • Spectroscopy Equipment
    • Mass Spectrometers
    • Fluorescence Spectrometers
    • Infrared Spectrometers
    • UV-visible Spectrometers
    • Atomic Absorption Spectrometers
  • DNA Analyzers
    • PCR Instruments
    • Sanger Sequencers
    • Electrophoresis Instruments
    • NGS Instruments
  • Fingerprint Analyzers
  • Blood Chemistry Analyzers
  • Microscopes
  • Forensic Cameras
  • Laboratory Centrifuges
  • Gas Chromatography Systems
  • Liquid Chromatography Systems
  • Others (Automated liquid handling systems, laboratory evaporators, powder flow analyzers, cage changing hoods, powder dispensers, forensic workstations, etc.)

By Application (Revenue, USD Billion; 2018-2028)

  • DNA Analysis
  • Drug Testing/Toxicology
  • Blood Analysis
  • Biometrics
  • Others

By End-user (Revenue, USD Billion; 2018-2028)

  • Independent Forensic Laboratories
  • Government Forensic Laboratories
  • Research Laboratories & Academic Institutes

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Regional Outlook (Revenue in USD Billion; 2017–2028)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of LATAM
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Egypt
    • Rest of MEA

Table Of Content

Chapter 1. Methodology and Scope

                    1.1. Market Segmentation & Scope

                    1.2. Market Definition

                    1.3. Information Procurement

Chapter 2. Executive Summary

                    2.1. Market Outlook

                    2.2. Material Type Outlook

                    2.3. Application Outlook

                    2.4. Regional Insights

Chapter 3. Forensic Equipment and Supplies Market Variables, Trends & Scope

                    3.1. Market Introduction

                    3.2. Penetration & Growth Prospect Mapping

………………

Chapter 8. Competitive Analysis

                    8.1. Key global players, recent developments & their impact on the industry

                    8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)

                    8.3. Vendor Landscape

                         8.3.1. Key company market share analysis

Chapter 9. Company Profiles

                    9.1. Thermo Fisher Scientific

                         9.1.1. Company Overview

                         9.1.2. Financial Performance

                         9.1.3. Product Benchmarking

                         9.1.4. Strategic Initiatives

                    9.2. PerkinElmer

                         9.2.1. Company Overview

                         9.2.2. Financial Performance

                         9.2.3. Product Benchmarking

                         9.2.4. Strategic Initiatives

                    9.3. SCIEX (Danaher Corporation)

                         9.3.1. Company Overview

                         9.3.2. Financial Performance

                         9.3.3. Product Benchmarking

                         9.3.4. Strategic Initiatives

                    9.4. Agilent Technologies

                         9.4.1. Company Overview

                         9.4.2. Financial Performance

                         9.4.3. Product Benchmarking

                         9.4.4. Strategic Initiatives

                    9.5. GE Healthcare

                         9.5.1. Company Overview

                         9.5.2. Financial Performance

                         9.5.3. Product Benchmarking

                         9.5.4. Strategic Initiatives

Continue …

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

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