Market Size – USD 1,097.7 Million in 2019, Market Growth - CAGR of 9.8%, Market trends – Consistent support from governments all over the world.
The latest research report by Emergen Research, named ‘Global Molecular Forensics Market - Forecast to 2027’, entails a comprehensive review of the global Molecular Forensics market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe.
The Global Molecular Forensics Market is forecast to be worth USD 2,223.7 Million by 2027, according to the latest analysis by Emergen Research. Molecular forensics finds extensive application in forensic science. The usage of scientific principles to investigate and establish facts concerning civil, criminal, and administrative hearings will drive market growth. The market helps in the generation of targeted therapies based on an individual’s genetic portfolio. It eliminates the apprehension pertaining to the trial and error method of medicines and removing unnecessary spending on healthcare. The development of sequencing technologies has also been a crucial element in the progression of molecular forensics.
For the purpose of this report, Emergen Research has segmented the Global Molecular Forensics Market on the basis of product, technology, application, end-user, and region:
· Product Outlook (Revenue, USD Billion; 2017-2027)
o Kits and Consumables
o Software and other products
· Technology Outlook (Revenue, USD Billion; 2017-2027)
o Polymerase Chain Reaction (PCR)
a. Real-time PCR (q-PCR)
b. Digital PCR (d-PCR)
o Capillary Electrophoresis
a. SNP and STR Sequencing
b. mtDNA Sequencing
o Mass Spectrometry
b. Tandem MS
o Other Technologies
· Application Outlook (Revenue, USD Billion; 2017-2027)
o Radioactive Toxicology
o Nucleic Acid Analysis
o Forensic Databasing
o Microbial Forensics
o Other Applications
· End-User Outlook (Revenue, USD Billion; 2017-2027)
o Law Enforcement
o Disaster Management
o Hospitals and Healthcare Providers
o Other End-Users
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