North America Forensic Technology Market Size & Outlook
North America forensic technology market, 2018-2030 (US$M)
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North America forensic technology market highlights
- The North America forensic technology market generated a revenue of USD 1,922.2 million in 2023.
- The market is expected to grow at a CAGR of 8.8% from 2024 to 2030.
- In terms of segment, capillary electrophoresis was the largest revenue generating type in 2023.
- Next Generation Sequencing (NGS) is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 1,922.2 million |
| Market revenue in 2030 | USD 3,471.6 million |
| Growth rate | 8.8% (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 |
| Key market players worldwide | Agilent Technologies Inc, GE HealthCare Technologies Inc Common Stock, Thermo Fisher Scientific Inc, Eurofins Scientific SE, LGC Group, Horiba Ltd, NMS Labs, Forensic Pathways Ltd, Forensic Fluids Laboratories |
Other key industry trends
- In terms of revenue, North America region accounted for 34.9% of the global forensic technology market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,270.0 million by 2030.
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Forensic Technology Market Scope
Forensic Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America 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 39.61% in 2023. Horizon Databook has segmented the North America 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.
Based on revenue, North America dominated forensic technology market in 2018 and is predicted to maintain its position over the forecast period. This can be attributed to high overall crime rate, drug abuse, and presence of advanced & supportive healthcare infrastructure.
The presence of practice standards and guidelines for forensic DNA laboratories across the region is anticipated to drive market growth. Other factors expected to drive regional market include increased funding by healthcare organizations in research on DNA testing, local presence of prominent market players that focus on development of technologically advanced products & techniques, increasing awareness, and expansion of national DNA database.
For instance, under American Civil Liberties Union Act, all felony suspects are required to provide a DNA sample, which is leading to increased adoption of sampling technology. However, financial obstructions, such as high cost of production and testing, are anticipated to hamper market growth in the coming years.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America forensic technology market , including forecasts for subscribers. This continent databook contains high-level insights into North America forensic technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America forensic technology market size, by country, 2018-2030 (US$M)
North America Forensic Technology Market Outlook Share, 2023 & 2030 (US$M)
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