Global Forensic Technologies Market to grow at a CAGR of 8.34 % over the period 2014-2019; Finds New Report

Report forecast the global forensic technologies market to grow at a CAGR of 8.34 % over the period 2014-2019.

Forensic technology is an important part of criminal investigations and is used for the analysis, identification, and evaluation of physical evidence gathered from a crime scene. Law enforcement agencies and the legal sector are the major end-users of this technology as it is helpful for them to solve cases. The increased acceptance of technology, especially DNA testing technology, has contributed to the growth of the global forensics technologies market.        

This report covers the present scenario and the growth prospects of the global forensic technologies market for the period 2015-2019. To calculate the market size, the report considers revenue generated through the application forensic technologies in the healthcare sector. In terms of application, the market is segmented into two: DNA fingerprinting technology and forensic analytical techniques.

According to the report, the increase in the use of DNA profiling is one of the major drivers in the market. As crime investigations have become more challenging, law enforcement agencies are looking for advanced technologies such as DNA profiling to increase the efficiency, potential, and value of forensics, thereby shortening the delivery time of results.

Further, the report states that the expensive nature of forensic technology limits market growth. The high cost prevents small departments from utilizing this technology, leading to underuse.

Global Forensic Technologies Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and APAC and EMEA; it also covers the global forensic technologies market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

key players in the Global Forensic Technologies Market: Agilent Technologies Inc., Eurofins, LGC Forensics, NMS Labs and Thermo Fisher Scientific Inc.

Other Prominent Vendors in the market are: ACR Data Recovery, BAE Systems, Bio-Rad Laboratories, Capsicum Group, Computer Forensics, Creative Forensic Services, Cyber Agents, Forensics Consulting Solutions, Forensic Pathways, Foster + Freeman, Global Digital Forensics, IntegenX, Leica Geosystems, MorphoTrust USA and Neogen Corp., Orchid Cellmark, PAPILLON ZAO and Tri-Tech Forensics

Key Regions

• Americas
• APAC
• EMEA

Market Driver

• Increased Use of DNA Profiling
• For a full, detailed list, view our report

Market Challenge

• Expensive Nature of Forensic Technology
• For a full, detailed list, view our report

Market Trend

• New Technological Capabilities
• For a full, detailed list, view our report

Key Questions Answered in this Report

• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 74 pages and 28 Exhibits “Global Forensic Technologies Market 2015-2019” report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Overview of DNA Profiling, Market Landscape, Market Segmentation by Application, Geographical Segmentation, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://mrr.cm/4uV

Find all Biotechnology Reports at: http://www.marketresearchreports.com/biotechnology