Forensic Genomics Market (Solution - Kits, Analysers & Sequencers, Software, and Consumables; Method - Capillary Electrophoresis (CE), Next-generation Sequencing, and PCR Amplifications; Application - Criminal Testing, Paternity Testing, and Familial Testing): Global Industry Analysis, Trends, Size, Share and Forecasts to 2030

A recent report published by Infinium Global Research on forensic genomics market provides in-depth analysis of segments and sub-segments in the global as well as regional forensic genomics market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional forensic genomics market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global forensic genomics market.

Market Insight:

The global forensic genomics market was valued at USD 502.02 million in 2022 and is expected to reach USD 1447.91 million in 2030, with a CAGR of 14.16% during the forecast period 2023-2030.

Forensic genomics is a specialized field within forensic science that combines genetics, genomics, and molecular biology to analyze and interpret genetic information for criminal investigations and legal purposes. It primarily focuses on the identification and profiling of DNA from biological samples found at crime scenes, allowing law enforcement agencies and the criminal justice system to establish links between individuals, victims, and evidence. Additionally, the scope of forensic genomics has expanded significantly over the years. Initially, it is mainly used for human DNA profiling, such as in cases involving sexual assault, homicides, and paternity disputes. However, advancements in DNA sequencing technology have broadened its applications. Forensic genomics encompasses the analysis of degraded or mixed DNA samples, allowing for the identification of suspects even in challenging scenarios.

The forensic genomics market is being propelled by a rising need for DNA analysis in criminal inquiries and expanding applications, notably in paternity testing. This demand reflects the critical role forensic genomics plays in solving crimes and establishing familial relationships, driving its growth and relevance in the field of forensic science. Additionally, forensic genomics' market growth is fueled by its diversification beyond human DNA analysis. Applications in wildlife conservation and disaster victim identification showcase its versatility and value beyond traditional criminal investigations, driving increased adoption and investment in this burgeoning field of genomic analysis. However, ethical and privacy concerns surrounding genetic data, along with regulatory challenges, pose obstacles to the growth of the genetic testing market. These issues necessitate robust data protection and regulatory frameworks to ensure responsible and secure genomic analysis. However, advancements in DNA sequencing techniques present promising opportunities for the forensic genomics market. Genomics' potential in mass disaster identification enhances its relevance and utility in forensic science, driving growth and innovation in the field.

North America traditionally holds the highest market share in the forensic genomics market. The United States, in particular, has a major contributor to this dominance due to substantial investments in forensic technologies and the presence of key market players. The region's robust legal framework, increasing crime rates, and adoption of advanced genomics techniques have further fueled market growth. Moreover, the Asia-Pacific region is recognized as one of the fastest-growing regions in the forensic genomics market. Factors such as the rising awareness of forensic DNA analysis, a growing population, and increased government initiatives to strengthen forensic capabilities have propelled market expansion in countries such as China, India, and Japan. The expansion of DNA databases for criminal identification purposes, along with the need for disaster victim identification and wildlife conservation efforts, has contributed to the accelerated growth of the market in the Asia-Pacific.

Report Scope of the Forensic Genomics Market:

Segment Covered

The report on global forensic genomics market covers segments such as solution, method, and application. On the basis of solution, the sub-markets include kits, analysers & sequencers, software, and consumables. On the basis of method, the sub-markets include capillary electrophoresis (ce), next-generation sequencing, and pcr amplifications. On the basis of application, the sub-markets include criminal testing, paternity testing, and familial testing.

Companies Profiled:

The report provides profiles of the companies in the market such as Illumina, Inc., Agilent Technologies, Inc., Thermo Fisher Scientific, GE HealthCare, Eurofins Discovery, Gene by Gene, Ltd., Verogen, Inc, BGI Geonomics, Neogen Corporation, and QIAGEN.

Report Highlights:

The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the forensic genomics market. Moreover, the study highlights current market trends and provides forecasts from 2023-2030. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.