DNA Forensics Market Revenue To Exceed $ 3.3 Billion By 2027:

Selbyville, Delaware, December 7, 2021 (GLOBE NEWSWIRE) –

DNA forensics market size is expected to register a valuation of USD 3.3 billion by 2027, according to the most recent study by Global Market Insights Inc. One of the major factors driving the market is the increase in criminal activity around the world.

As DNA testing often helps investigators move the case in the right direction, private and public authorities are increasingly focusing on the development and commercialization of new technologies in DNA forensics. As the number of pending DNA testing cases increases, forensic labs are looking for effective methods to minimize the backlog while increasing the lab’s overall output. However, a shortage of qualified professionals in DNA forensics is considered to be a limiting factor for the growth of the market.

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Forensic labs are adopting forensic DNA interpretation software in order to achieve efficient results. Forensic software has the ability to extract evidence from mixed or microscopic traces of DNA, thus contributing to criminal investigations in which DNA evidence was considered too complex to be interpreted previously. Forensic software has improved the ability of analysts to interpret degraded, low level, or mixed DNA samples, thereby increasing the expansion of the forensic DNA market. In addition, DNA forensic software can solve the DNA mixture by calculating the weighting against the coincidence.

Polymerase chain reaction (PCR) is used to amplify DNA sequences. Collecting and analyzing DNA is an important part of a crime scene investigation. in some cases, the sample obtained at the crime scene is low in quantity and quality. So, in such cases, the polymerase chain reaction (PCR) is used to amplify DNA at this amount so that it can be further analyzed by methods such as sequencing and fingerprinting, among others.

Due to the increase in criminal cases across the world, the demand for the DNA forensics market is expected to increase. DNA is used to identify the criminal with great precision if biological evidence exists. In addition, DNA can be used to exonerate those convicted or mistakenly accused of a crime.

The Asia-Pacific DNA Forensic Medicine market is expected to show a growth rate of 6.4% till 2027. The industry is developing rapidly owing to the increase in government funding in the APAC region. For example, the Nirbhaya Fund Authorized Agents Committee recommended a proposal to strengthen DNA analysis, cybercrime and related facilities in Forensic Science Laboratories (FSL) in India. These facilities are available in states such as Bihar, Chhattisgarh, Gujarat, and Nagaland. These facilities are used to review forensic cases related to paternity, sexual assault, homicide, human identification and mitochondrial DNA, thus contributing to regional growth.

A few notable companies operating in the market include Thermo Fisher Scientific, Abbott, Beckman Coulter Inc., Promega Corporation, and VERISIS. Industry players focus on various strategies such as acquisitions, business expansion and launching new products or services to consolidate their presence in the market.

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Table of contents (ToC) of the report:

Chapter 3 DNA Forensics Market Overview

3.1 Industry segmentation

3.2 Industry landscape, 2016 – 2027

3.3 Industry impact forces

3.3.1 Growth drivers

3.3.2 Pitfalls and challenges for the industry

3.4 Analysis of growth potential

3.4.1 By resolution

3.4.2 By method

3.4.3 By application

3.5 COVID-19 impact assessment

3.6 Regulatory scenario

3.7 Porter’s analysis

3.8 Competitive landscape, 2020

3.8.1 Matrix analysis of the company

3.9 PESTEL analysis

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About Global Market Insights Inc.

Global Market Insights Inc., headquartered in Delaware, USA, is a global provider of market research and consulting services, providing syndicated and personalized research reports as well as advisory services. growing. Our business intelligence and industry research reports provide clients with insightful insights and actionable market data specially designed and presented to aid strategic decision making. These comprehensive reports are designed through a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.