Global DNA Forensic Solution Market Research 2020-2024 | COVID-19 Industry Impact Analysis | Technavio

LONDON--(BUSINESS WIRE)--The DNA forensic solution market is expected to grow by USD 3.09 billion, progressing at a CAGR of almost 15% during the forecast period.

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The rising need to curb growing instances of terrorist attacks is one of the major factors propelling market growth. However, factors such as the threat to privacy will hamper market growth.

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DNA Forensic Solution Market: Application Landscape

Based on the application, the market saw maximum growth in the law enforcement segment in 2019. The biological evidence collected from the crime scene can be compared to the DNA database to identify the perpetrator. This is one of the major factors driving the growth of the segment. The market growth in the segment will be significant during the forecast period.

DNA Forensic Solution Market: Geographic Landscape

By geography, North America is going to witness lucrative growth during the forecast period. About 34% of the market’s overall growth is expected to originate from North America. Factors such as the growing need to effectively solve finesse crimes and curb increasing crime rates are the key factors driving the DNA Forensic Solution in North America.

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Companies Covered:

• Agilent Technologies Inc.
• Applied DNA Sciences Inc.
• Eurofins Scientific SE
• General Electric Co.
• IDEMIA France SAS
• Laboratory Corp. of America Holdings
• NEC Corp.
• Promega Corp.
• QIAGEN NV
• Thermo Fisher Scientific Inc.

What our reports offer:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers market data for 2019, 2020, until 2024
• Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Key Topics Covered:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five forces analysis
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Application

• Market segments
• Comparison by Application
• Law enforcement - Market size and forecast 2019-2024
• Biodefense - Market size and forecast 2019-2024
• Healthcare - Market size and forecast 2019-2024
• Physical security - Market size and forecast 2019-2024
• Market opportunity by Application

Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• ROW - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Competitive scenario
• Vendor landscape
• Landscape disruption
• Industry risks

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Agilent Technologies Inc.
• Applied DNA Sciences Inc.
• Eurofins Scientific SE
• General Electric Co.
• IDEMIA France SAS
• Laboratory Corp. of America Holdings
• NEC Corp.
• Promega Corp.
• QIAGEN NV
• Thermo Fisher Scientific Inc.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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