Global Molecular Forensics Market

Report ID : 1378 | Published : 2022-10-04 | Pages: 170 | Format: PDF/EXCEL

The market size of the Global molecular forensics market in the year 2021 is valued at 1.15 billion and is anticipated to reach 2.75 billion by the year 2030 at an 10.44% CAGR during the forecast period.

The crucial scientific field of molecular forensics provides a thorough treatment of the value of molecular analysis in forensic research. It entails using forensic examination to implement molecular analysis technology. The investigation and establishment of relevant facts regarding criminal, administrative, and civil hearings are frequently done using molecular forensics. The market for molecular forensics is predicted to expand significantly due to rising security concerns, technological advancements in diagnostics, and growing awareness of the catastrophic consequences of forensics use. The market for molecular forensics is expected to grow significantly as a result of increased security concerns at both domestic and foreign borders and ports, an increase in crimes like sexual assault, terrorist attacks, kidnapping, gun violence, and homicides, and a shortage of industry players to meet the rising consumer demand. The molecular forensic market is undergoing significant research and development and new product introductions, and this motivates producers to use efficient and effective methods to meet the rising client demand. Additional factors anticipated to propel market expansion in the future include a strong focus on enhancing human forensic case-work, increased investments in R&D activities, and government initiatives to assist forensic research.

However, over the projected period, constraints like high beginning costs, a lack of skilled workforce to handle sophisticated techniques, and uncertainty regarding the accuracy of outcomes from present technologies may restrain market expansion to some extent. The implementation of the legislation in several nations is being hampered by concerns about the provision of permission, the collecting of samples, the chain of custody, and privacy issues. Therefore, one of the main barriers to the molecular forensic market is the lack of consistency in regional government legislation.

Market Segmentation:

The molecular forensics market is segmented on the basis of products, technology, applications, and end-users. Based on product, the market is segmented as kits and consumables, instruments, software and other products. Based on technology, the market is characterized by polymerase chain reaction (PCR) (Real-time PCR (q-PCR) and Digital PCR (d-PCR)), capillary electrophoresis, NGS (SNP and STR Sequencing and mtDNA Sequencing), mass spectrometry (MS, Tandem MS and MS-FTIR) and other technologies. Based on applications, the market is characterized by radioactive toxicology, nucleic acid analysis, forensic databasing, microbial forensics, and other applications. Based on end-users, the market is characterized by law enforcement, disaster management, hospitals and healthcare providers, and other end users.

Based on technology, the next-generation sequencing (NGS) segment is accounted as a significant contributor to the molecular forensics market.

The vast DNA sequencing methods that support genomic research are referred to as next-generation sequencing (NGS). Along with ongoing technological improvements in sequencers, the widespread adoption of Next-Generation Sequencing (NGS) technologies due to their low cost and remarkable efficiency are some factors fostering the expansion of next-generation sequencing (NGS). In the coming years, it is also projected that growing technological developments in next-generation sequencing (NGS) equipment and technologies will significantly boost the segment's size. Through increased investment in next-generation sequencing (NGS) technologies worldwide, next-generation sequencing (NGS)-related R&D has risen to unprecedented heights. More demand for genome mapping programs and increased next-generation sequencing (NGS) use drive the segment expansion.

The Nucleic Acid Analysis segment witnessed growth at a rapid rate.

The idea of nucleotide conservation for genomic sequences across distinct strains is the foundation for nucleic acid detection diagnostics, which enables the detection using multiple assays. Messenger RNA is a useful source for specimen examination in forensics with tissue-specific patterns for many transcripts. The primary drivers of the worldwide nucleic acid analysis sector are the rise in PCR kit demand and technological development in the research and healthcare sectors. The demand for technologically advanced diagnostic tools and rising government and commercial agency investment in developing novel biotechnological diagnostic procedures are anticipated to support the expansion of nucleic acid testing.

In the region, the North American molecular forensics market holds a significant revenue share.

During the projected period, North America is anticipated to have the most significant revenue share in the global market. Rising investments in molecular forensic research, increased criminal cases throughout the region, rapid adoption of improved PCR-based techniques, and extensive use of molecular forensic testing for criminal investigation can all contribute to revenue growth. Technological developments in the forensic sciences, rising investigation consent for sophisticated forensic processes like DNA profiling, and biometric analysis methods are driving the market expansion of molecular forensics in North America. With the availability of advanced forensic laboratories outfitted with cutting-edge forensic technologies, the market in North America has been expanding. In addition, the Asia Pacific region of the world's molecular forensic market is growing at the fastest rate. The demand for molecular forensics has grown significantly in recent years due to regulatory approval of tests in China, Australia, Japan, and other Asia Pacific countries. The technology will gain popularity as more innovative advancements are achieved in this field, and the government promotes using the method in the investigation process.

Competitive Landscape

The key players in the molecular forensics market have shifted their focus towards bio-based components for product manufacturing and are initiating effective strategies such as mergers, acquisitions, and joint ventures of major and domestic players to enhance product portfolios and strengthen their market footprint across the globe. Some of the major key players in the molecular forensics market are Agilent Technologies, Inc., Illumina, Inc., QIAGEN N.V., Bio-Rad Laboratories, Inc., Promega Corporation, Eurofins Scientific SE, General Electric Company, Merck KGaA, LGC Limited, and Thermo Fisher Scientific Inc.

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global Molecular Forensics Market Snapshot

Chapter 4. Global Molecular Forensics Market Variables, Trends & Scope

4.1. Market Segmentation & Scope

4.2. Drivers

4.3. Challenges

4.4. Trends

4.5. Investment and Funding Analysis

4.6. Industry Analysis – Porter’s Five Forces Analysis

4.7. Competitive Landscape & Market Share Analysis

4.8. Impact of Covid-19 Analysis

Chapter 5. Market Segmentation 1: by Product Type Estimates & Trend Analysis

5.1. by Product Type & Market Share, 2019 & 2030

5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Product Type:

5.2.1. Kits and Consumables

5.2.2. Instruments

5.2.3. Software and Other Products

Chapter 6. Market Segmentation 2: by Technology Estimates & Trend Analysis

6.1. by Technology & Market Share, 2019 & 2030

6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Technology:

6.2.1. Polymerase Chain Reaction (PCR)

6.2.1.1. Real-time PCR (q-PCR)

6.2.1.2. Digital PCR (d-PCR)

6.2.2. Capillary Electrophoresis

6.2.3. NGS

6.2.3.1. SNP and STR Sequencing

6.2.3.2. mtDNA Sequencing

6.2.4. Mass Spectrometry

6.2.4.1. MS

6.2.4.2. Tandem MS

6.2.2.3. MS-FTIR

6.2.12. Other Technologies

Chapter 7. Market Segmentation 3: by Application Estimates & Trend Analysis

7.1. by Application & Market Share, 2019 & 2030

7.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Application:

7.2.1. Radioactive Toxicology

7.2.2. Nucleic Acid Analysis

7.2.3. Forensic Databasing

7.2.4. Microbial Forensics

7.2.5. Other Applications

Chapter 8. Market Segmentation 4: by End-user Estimates & Trend Analysis

8.1. by End-user & Market Share, 2019 & 2030

8.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2030 for the following by End-user:

8.2.1. Law Enforcement

8.2.2. Disaster Management

8.2.3. Hospitals and Healthcare Providers

8.2.4. Other End Users

Chapter 9. Molecular Forensics Market Segmentation 5: Regional Estimates & Trend Analysis

9.1. North America

9.1.1. North America Molecular Forensics Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2022-2030

9.1.2. North America Molecular Forensics Market Revenue (US$ Million) Estimates and Forecasts by Technology, 2022-2030

9.1.3. North America Molecular Forensics Market revenue (US$ Million) by Application, 2022-2030

9.1.4. North America Molecular Forensics Market revenue (US$ Million) by End-user, 2022-2030

9.1.5. North America Molecular Forensics Market Revenue (US$ Million) Estimates and Forecasts by country, 2022-2030

9.2. Europe

9.2.1. Europe Molecular Forensics Market revenue (US$ Million) by Product Type, 2022-2030

9.2.2. Europe Molecular Forensics Market revenue (US$ Million) by Technology, 2022-2030

9.2.3. Europe Molecular Forensics Market revenue (US$ Million) by Application, 2022-2030

9.2.4. Europe Molecular Forensics Market revenue (US$ Million) by End-user, 2022-2030

9.2.5. Europe Molecular Forensics Market revenue (US$ Million) by country, 2022-2030

9.3. Asia Pacific

9.3.1. Asia Pacific Molecular Forensics Market revenue (US$ Million) by Product Type, 2022-2030

9.3.2. Asia Pacific Molecular Forensics Market revenue (US$ Million) by Technology, 2022-2030

9.3.3. Asia-Pacific Molecular Forensics Market revenue (US$ Million) by Application, 2022-2030

9.3.4. Asia Pacific Molecular Forensics Market revenue (US$ Million) by End-user, 2022-2030

9.3.5. Asia Pacific Molecular Forensics Market revenue (US$ Million) by country, 2022-2030

9.4. Latin America

9.4.1. Latin America Molecular Forensics Market revenue (US$ Million) by Product Type, 2022-2030

9.4.2. Latin America Molecular Forensics Market revenue (US$ Million) by Technology, 2022-2030

9.4.3. Latin America Molecular Forensics Market revenue (US$ Million) by Application, 2022-2030

9.4.4. Latin America Molecular Forensics Market revenue (US$ Million) by End-user, 2022-2030

9.4.5. Latin America Molecular Forensics Market revenue (US$ Million) by country, 2022-2030

9.5. Middle East & Africa

9.5.1. Middle East & Africa Molecular Forensics Market revenue (US$ Million) by Product Type, 2022-2030

9.5.2. Middle East & Africa Molecular Forensics Market revenue (US$ Million) by Technology, 2022-2030

9.5.3. Middle East & Africa Molecular Forensics Market revenue (US$ Million) by Application, 2022-2030

9.5.4. Middle East & Africa Molecular Forensics Market revenue (US$ Million) by End-user, 2022-2030

9.5.5. Middle East & Africa Molecular Forensics Market revenue (US$ Million) by country, 2022-2030

Chapter 10. Competitive Landscape

10.1. Major Mergers and Acquisitions/Strategic Alliances

10.2. Company Profiles

10.2.1. Agilent Technologies, Inc.

10.2.2. Illumina, Inc.

10.2.3. QIAGEN N.V.

10.2.4. Bio-Rad Laboratories, Inc.

10.2.5. Promega Corporation

10.2.6. Eurofins Scientific SE

10.2.7. General Electric Company

10.2.8. Merck KGaA

10.2.9. LGC Limited

10.2.10. Thermo Fisher Scientific Inc

10.2.11. Other Prominent Players

By Product

  • Kits and Consumables
  • Instruments
  • Software and Other Products

By Technology

  • Polymerase Chain Reaction (PCR)
    • Real-time PCR (q-PCR)
    • Digital PCR (d-PCR)
  • Capillary Electrophoresis
  • NGS
    • SNP and STR Sequencing
    • mtDNA Sequencing
  • Mass Spectrometry
    • MS
    • Tandem MS
    • MS-FTIR
  • Other Technologies

By Application

  • Radioactive Toxicology
  • Nucleic Acid Analysis
  • Forensic Databasing
  • Microbial Forensics
  • Other Applications

By End User

  • Law Enforcement
  • Disaster Management
  • Hospitals and Healthcare Providers
  • Other End Users

By Region-

  • North America-
  • US
  • Canada
  • Mexico
  • Europe-
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific-
  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific
  • Latin America-
  • Brazil
  • Argentina
  • Rest of Latin America
  • Middle East & Africa-
  • GCC Countries
  • South Africa

Rest of the Middle East and Africa

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

Need Complete Report ?
Our Clients