Market Overview:

The Global Forensic Technologies and Services Market was Valued At USD 4.73 Billion in 2022 and is Projected to Reach USD 10.30 billion by 2030, growing At A CAGR of 10.2% from 2023 to 2030.

The Forensic Technologies and Services Market is utilized to process samples and evidence for the purposes of criminal investigations and prosecutions. Various branches of forensic science, such as scanning electron microscopy, DNA fingerprinting, alternative light photography, facial reconstruction, and LA-ICP-MS, scrutinize and analyze evidence in distinct ways. These forensic technologies aid in solving a variety of cases, including the search for missing persons, the identification of disaster victims, and paternity tests.

The majority of the factors that drive the global market for forensic technologies and services are factors such as the increase in crime and the application of new technologies to solve crimes. According to Statista, there were more than 746 thousand offences in London in 2020. As the number of crimes rises, the market for forensic instruments and services is likely to expand more rapidly.

Also, the pressure to clear the court system's backlog is increasing, and governments around the world are outsourcing court case outcomes. This affords individuals who provide forensic services the opportunity to earn money, which benefits the forensic technology industry. However, the inaccuracy of these methods hinders the expansion of the market for forensic instruments and services.

The global Forensic Technologies and Services market is a professional and comprehensive examination of various business perspectives, including major key actors, major geographical regions, divers, restraints, opportunities, and challenges. This global study report was developed based on the various market categories and submarkets that comprise the global market.

Significant Market Dynamics

Drivers

Increasing demand for forensic technology

The advent of cutting-edge forensic technology, such as DNA analysis, fingerprint analysis, and ballistics analysis, has substantially improved the efficacy and efficiency of forensic investigations. Due to the incorporation of technologies such as Artificial Intelligence (AI) and Machine Learning (ML) into forensic sciences, the demand for forensic technology is increasing.

The growing utilization of forensic technologies by law enforcement agencies

Most of what fuels the market for forensic tools is the increasing use of these products by law enforcement agencies. With the aid of forensic technologies that provide accurate and reliable evidence, crimes can be investigated and solved. Currently, forensic technologies play a significant role in criminal investigations, and law enforcement agencies are investing more and more in cutting-edge forensic technologies to enhance their investigation capabilities.

Restraints

Costly forensic technologies

The high cost of forensic equipment is a significant reason why they are not utilized more frequently, notably in developing nations. The high costs connected with this technology are the primary factor that is restraining the market from expanding, particularly in the developing and emerging nations of Asia Pacific and Africa.

Lacking of qualified professionals

There are not enough people in the field with the proper training, which is a major issue because forensic instruments require specialized knowledge and skills.

Opportunities

Expanding importance in the medical sector

One of the greatest things about the market for investigative technologies is that they are gaining increasing importance in the medical field. Numerous aspects of healthcare, including substance testing, toxicology, and DNA analysis, employ forensic technologies. Increasing numbers of individuals desire personalized medicine, and the use of forensic technologies in medical research is increasing. This is likely to increase the desire of the healthcare industry to utilize forensic instruments.

Increasing incidences of cybercrime

Digital forensic technologies used to investigate procurement fraud, white-collar crimes, and intellectual property (IP) infringement have been bolstered by the increasing prevalence of cybercrimes. For data preservation, document control, data recovery, and analysis, cybercrime specialists employ a technological strategy.

Challenges

Legal and regulatory issues associated with the use of forensic technologies in investigations

Limited accessibility to forensic technologies in developing countries

On the market for forensic technologies, there are a number of issues, including the high cost of forensic technologies and a dearth of trained professionals. The high cost of forensic tools is a major reason why they are not used more frequently, particularly in developing nations. Also, there are not enough people in the field with the proper training, which is a major issue because forensic instruments require specialized knowledge and skills.

Key Market Updates:

In March of 2017, Agilent Technologies released a scientific instrument known as the Triple Quadruple LC/MS System. With the new product, the company was able to expand its service offerings and enter new research fields, including forensic toxicology, clinical research, investigating the environment, and peptide quantification.

The forensic technologies market study discusses various strategies, followed by company profiles of forensic technologies product manufacturers. The report includes a section on the competitive landscape that provides a dashboard view and analysis of the market share of the leading participants in the global forensic technologies market.

The market is anticipated to expand as the government increasingly employs digital forensics in criminal investigations. In a major case in New Jersey in May 2018, the Federal Bureau of Investigation (FBI) utilized digital evidence (found on the defendants' computers and mobile devices). The convicted individual had provided financial support to the Islamic State of Iraq and al-Sham (ISIS).

In addition, government agencies are exerting significant effort to establish computer forensics laboratories, which should expedite the application of computer forensics tools. The Boston Division of the FBI, for example, announced on July 22, 2019, that the New England Regional Computer Forensics Laboratory (NERCFL) would be opening in Chelsea, Massachusetts.

The FBI granted Thermo Fisher permission to utilize the Applied Bio systems Rapid HIT ID DNA solution in July 2021. This expedites the creation of DNA profiles to less than 90 minutes.

Research and development (R&D) is anticipated to contribute to the expansion of the computer forensics market. In July of 2019, for instance, a group of researchers at Purdue University established a ten-step technical method in forensics for examining RPAS forensic artefacts.

Market Segmentation

By Type

The capillary electrophoresis segment held the greatest market share of 32.7% in 2021 due to the technique's advantages. Due to its microsampling capabilities, simplicity of sample preparation, and straightforward detection methods, the capillary electrophoresis technique is widely utilized.

The segment of next-generation sequencing (NGS) is anticipated to have the highest CAGR over the next few years. As a result of its enhanced paternity testing and enhanced ability to identify humans from degraded biological samples. In addition to reducing bias and errors, NGS facilitates the generation of complete human genome data.

By Location

Laboratory forensics technology and portable forensics technology comprise the location segment. Laboratory forensics technology held the largest market share in 2021, attributable to the prevalence of testing instruments that are large and designed for the analysis of a massive volume of samples. The segment of portable technology is anticipated to experience the greatest development over the next few years. The handheld and portable devices are widely used in road accident cases and the detection of alcohol and drug intoxication on-site.

By Application

In 2021, the judicial/law enforcement sector held the greatest market share at 35.28 percent. The constant efforts of government authorities around the world to create DNA databases are the primary growth contributors. The DNA Identification Act of 1994 in the United States authorized the FBI to establish a national DNA database to assist in the resolution of backlogged criminal cases, resulting in a wide range of forensic used in the execution of justice.

Regional Insights

The global market for Forensic Technologies and Services has been analyzed in various regions, including North America, South America, the Middle East, Asia-Pacific, Africa, and Europe. In the near future, the global Forensic Technologies and Services sector will dominate this market.

In the coming years, North America is anticipated to lead the global market for forensic technologies and services due to an increase in violent crime. In 2018, there were 16,214 homicides and no manslaughter cases in the United States

In the coming years, the Asia-Pacific region should experience substantial development in the global market for forensic technology and services. This is due to the expansion of forensic laboratories in the region. In 2013, the first private DNA forensic laboratory was established in India by Life Technologies, a global biotechnology corporation. This expedites the process of collecting samples and facilitates the work of existing forensic laboratories.
Scope of the Report

Key Vendors

Agilent Technologies In 1999, the industry of biotechnology research was established. Santa Clara, California serves as its headquarters. Globally, analytical scientists and clinical researchers rely on Agilent to meet their most intricate laboratory requirements. Whether a laboratory is engaged in environmental testing, academic research, medical diagnostics, pharmaceuticals, petrochemicals, or food testing, Agilent offers laboratory solutions to meet their entire range of requirements.

Promega At Promega Corporation, discovery and innovation are driven by creativity and connection. It was founded in 1978. Promega's products are utilized by a global community of life scientists who ask fundamental questions about biological processes, as well as by scientists who apply scientific expertise to diagnose and treat diseases, discover new therapeutics, and use genetics and DNA testing for human identification. Promega has 16 international locations.

Nucleic Acid Isolation, Protein Expression and Analysis, Cell-Based and Biochemical Assays, Luminescent Chemistries, Custom Manufacturing, Custom Assay Services, Energy Metabolism, Reporter Bioassays, Nucleic Acid Amplification, and Protein Degradation are among the company's specialties.

Forensics Consulting Solutions, was founded in 2001 by Kelly J. "KJ" Kuchta, one of the country's foremost authorities on information security and computer forensics.  FCS is undisputedly the industry leader in complex discovery management solutions. FCS was the first to provide tools and solutions that revolutionized the industry.FCS employs a consultative approach to predictive coding and is the only company in the industry to reduce review costs. Visit http://www.discoverfcs.com  for more information.

 Pyramidal Technologies Ltd: Pyramid Technologies, an ISO 9001:2015-certified company, is one of India's fastest-growing Systems Integration businesses, offering turnkey solutions for complete Integrated Building Automation & Management, ICT, and Professional Audio Video Solutions, which are required by companies seeking the most advanced technology.  Their processes are rigorous and ensure that there is no variation in the quality of service provided to consumers. Website https://www.pyramidtech.net/

The company's headquarters are located in Mumbai, Maharashtra, and it specializes in security and investigations. Robust Processes and Tested Methodologies, Multiple parallel project & support teams, and On-time, On-budget Project Delivery are among their specialties.

NMS Labs Established in 1970. Responding to the requirements of healthcare providers, medical researchers, coroners, and the criminal justice system with state-of-the-art tests that other labs do not or cannot provide, NMS Labs has set the standard for excellence in clinical toxicology and forensic testing. Their specialties include the most innovative clinical and forensic toxicology tests, excellent customer service, rapid turnaround times with accurate, legally defensible results, expert courtroom testimony, backlog reduction, and an evolving, comprehensive portfolio of designer drug testing.

Market Players

• Agilent Technologies
• Promega
• QIAGEN
• LGC Forensics
• MSAB
• AB Sciex (Danaher Corporation)
• Eurofins Medigenomix GmbH
• Forensics Consulting Solutions
• Forensic Pathways
• GE Healthcare Lifescience
• LGC Limited
• Neogen Corporation
• NMS Labs
• Pyramidal Technologies Ltd.
• SPEX Forensics
• Thermo Fisher Scientific, Inc.

Major Market Segments Covered

On the Basis of Location

• Laboratory Forensic Technology
• Portable Forensic Technology

On the basis of type

• Polymerase Chain Reaction (PCR)
• Capillary Electrophoresis
• Next Generation Sequencing (NGS)
• Rapid DNA Analysis
• Automated Liquid Handling Technology
• Microarrays
• Others

On the Basis of Application

• Pharmacogenetics
• Biodefense & Biosurveillance
• Judicial/Law Enforcement
• Others

On the Basis of Region:

The global market for Forensic Technologies and Services has been analyzed in various regions, including North America, South America, the Middle East, Asia-Pacific, Africa, and Europe. In the near future, the global Forensic Technologies and Services sector will dominate this market.

Further the regions are divided into countries as follows:

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Conclusion:

In the next few years, the Forensic Technologies Market is expected to grow a lot. This is because more and more advanced forensic methods are being used, and more and more businesses that use forensic technologies are getting bigger. Leaders in the market are focusing on strategic deals, partnerships, and acquisitions to grow their product lines and market share. But the market has some problems, like how expensive forensic technologies are and how few trained experts there are. To get around these problems, businesses need to focus on making investigative technologies that are easy to use and don't cost too much. They also need to put money into training and growing skilled staff.