Global Forensic Technology Market Size & Outlook
Global forensic technology market, 2018-2030 (US$M)
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Global forensic technology market highlights
- The global forensic technology market generated a revenue of USD 5,510.9 million in 2023 and is expected to reach USD 10,647.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 9.9% by 2030.
- In terms of segment, capillary electrophoresis accounted for a revenue of USD 1,790.2 million in 2023.
- Next Generation Sequencing (NGS) is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 5,510.9 million |
| Market revenue in 2030 | USD 10,647.9 million |
| Growth rate | 9.9% (CAGR from 2023 to 2030) |
| Largest segment | Capillary electrophoresis |
| Fastest growing segment | Next Generation Sequencing (NGS) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polymerase Chain Reaction (PCR), Capillary Electrophoresis, Next Generation Sequencing (NGS), Rapid DNA Analysis, Automated Liquid Handling Technology, Microarrays |
Other key industry trends
- In terms of revenue, the North America accounted for 34.9% of the global forensic technology market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 2,897.9 million by 2030.
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Forensic Technology Market Scope
Forensic Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global forensic technology market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to forensic technology market will help companies and investors design strategic landscapes.
Capillary electrophoresis was the largest segment with a revenue share of 32.48% in 2023. Horizon Databook has segmented the Global forensic technology market based on polymerase chain reaction (pcr), capillary electrophoresis, next generation sequencing (ngs), rapid dna analysis, automated liquid handling technology, microarrays covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Forensic Technology Type Outlook (Revenue, USD Million, 2018-2030)
- Polymerase Chain Reaction (PCR)
- Capillary Electrophoresis
- Next Generation Sequencing (NGS)
- Rapid DNA Analysis
- Automated Liquid Handling Technology
- Microarrays
- Others
- Global Forensic Technology Services Outlook (Revenue, USD Million, 2018-2030)
- DNA Profiling
- Chemical Analysis
- Biometric Analysis
- Firearms Identification
- Others
- Global Forensic Technology Application Outlook (Revenue, USD Million, 2018-2030)
- Pharmacogenetics
- Biodefense & Bio surveillance
- Judicial/Law Enforcement
- Others
- Global Forensic Technology Location Outlook (Revenue, USD Million, 2018-2030)
- Laboratory Forensics Technology
- Portable Forensics Technology
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Our clientele includes a mix of forensic technology market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global forensic technology market , including forecasts for subscribers. This global databook contains high-level insights into Global forensic technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global forensic technology market size, by regions, 2018-2030 (US$M)
Top 10 countries: Forensic technology market size, 2023 (US$M)
Global forensic technology market share, by type, 2023 & 2030 (%, US$M)
Forensic technology market: Opportunity assessment by country
Global forensic technology market, by region, 2023 (US$M)
| Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,422.1 | 1,435.2 | 1,344.6 | 1,527.2 | 1,720.2 | 1,922.2 | 2,131.9 | 2,348.6 | 2,569.6 | 2,794.0 | 3,020.1 | 3,246.5 | 3,471.6 | 8.8% |
| Europe | 1,189.6 | 1,205.6 | 1,133.6 | 1,293.1 | 1,462.7 | 1,641.2 | 1,828.3 | 2,022.7 | 2,222.9 | 2,428.0 | 2,636.5 | 2,847.3 | 3,059.1 | 9.3% |
| Asia Pacific | 989.8 | 1,025.9 | 986.2 | 1,149.5 | 1,328.4 | 1,522.7 | 1,732.1 | 1,956.1 | 2,194.2 | 2,445.5 | 2,709.2 | 2,984.4 | 3,270.0 | 11.5% |
| Latin America | 210.7 | 215.3 | 204.3 | 235.5 | 268.7 | 304.8 | 342.5 | 382.8 | 424.7 | 468.3 | 513.4 | 559.8 | 607.3 | 10.4% |
| MEA | 81.8 | 83.7 | 79.8 | 92.0 | 105.5 | 120.1 | 135.8 | 150.9 | 167.8 | 185.0 | 202.8 | 221.2 | 239.9 | 10.4% |
| Overall | 3,893.9 | 3,965.6 | 3,748.5 | 4,297.3 | 4,885.5 | 5,510.9 | 6,170.5 | 6,861.1 | 7,579.1 | 8,320.8 | 9,082.1 | 9,859.1 | 10,647.9 | 9.9% |
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