What are the factors driving the Molecular Forensics Market

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“Growing demand for molecular forensics in criminal investigations and advancement in technology is driving the demand for the market.”

The Global Molecular Forensics Market is forecast to be worth USD 2,223.7 Million by 2027, according to the latest analysis by Emergen Research. Molecular forensics finds extensive application in forensic science. The usage of scientific principles to investigate and establish facts concerning civil, criminal, and administrative hearings will drive market growth. The market helps in the generation of targeted therapies based on an individual’s genetic portfolio. It eliminates the apprehension pertaining to the trial and error method of medicines and removing unnecessary spending on healthcare. The development of sequencing technologies has also been a crucial element in the progression of molecular forensics.

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Forensic science has adopted the usage of DNA molecular biology tools for diagnostic purposes more than other fields. It has developed and implemented robust and reliable DNA typing technologies. The success and widespread adoption of DNA typing in forensic science due to its sensitivity to detection and the ability to analyze minute samples.

The growth in the incidence of crimes and criminal investigations has affected the demand for the market. Countries worldwide have witnessed an increased rate of crime, which has furthered the demand for molecular forensics technologies.

Key Highlights From The Report

· In October 2020, Bruker announced the launch of the Vutara VXL. It is a super-resolution fluorescence microscope for application in nanoscale biomedical imaging. The system features single-molecule localization technology, which for research purposes, enhances spatial genomics capabilities.

· DNA molecular analysis has become an essential tool in forensic investigations. DNA profiling is dependent on short tandem repeats and also help in human identification from a biological sample. The growing usage of it is driving the demand for the instrument segment.

· The Asia Pacific region is witnessing an increased demand with support from the government and a rise in technological advancement. Expanding research in drug discovery and increasing investment in research and development activities in genomics and proteomics applications will affect the market positively.

· Key participants include Analytik Jena AG, BioChain Institute Inc., Eurofins Scientific SE, Agilent Technologies, Inc., AS ONE International, Inc., Bio-Rad Laboratories, Inc., General Electric Company, Eurofins Scientific SE, Merck KGaA, and Illumina, Inc., among others.

For More Information: https://www.emergenresearch.com/industry-report/molecular-forensics-market

For the purpose of this report, Emergen Research has segmented the Global Molecular Forensics Market on the basis of product, technology, application, end-user, and region:

· Product Outlook (Revenue, USD Billion; 2017–2027)

o Instruments

o Kits and Consumables

o Software and other products

· Technology Outlook (Revenue, USD Billion; 2017–2027)

o Polymerase Chain Reaction (PCR)

a. Real-time PCR (q-PCR)

b. Digital PCR (d-PCR)

o Capillary Electrophoresis

o NGS

a. SNP and STR Sequencing

b. mtDNA Sequencing

o Mass Spectrometry

a. MS

b. Tandem MS

c. MS-FTIR

o Other Technologies

· Application Outlook (Revenue, USD Billion; 2017–2027)

o Radioactive Toxicology

o Nucleic Acid Analysis

o Forensic Databasing

o Microbial Forensics

o Other Applications

· End-User Outlook (Revenue, USD Billion; 2017–2027)

o Law Enforcement

o Disaster Management

o Hospitals and Healthcare Providers

o Other End-Users

· Regional Outlook (Revenue, USD Billion; 2017–2027)

o North America

a. U.S.

b. Canada

o Europe

a. Germany

b. U.K.

c. France

d. BENELUX

e. Rest of Europe

o Asia Pacific

a. China

b. Japan

c. South Korea

d. Rest of APAC

o Latin America

a. Brazil

b. Rest of LATAM

o Middle East & Africa

a. Saudi Arabia

b. U.A.E.

c. Rest of MEA

About Emergen Research

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