ALBANY, N.Y., April 5, 2022 /PRNewswire/ — Analysts at TMR project the forensic technologies market to expand at a CAGR of 13.2% over the forecast period from 2021 to 2028. The increase in crime rates that are carried out with sophistication and finesse account for the high demand for advanced forensic technologies for investigating and solving cases across industries, including healthcare, banking, and telecommunications.
Advancements in forensic technologies are gaining considerable traction since the past few years. The forensic technology constitutes principles of several fields of science that are increasingly being supported by avant-garde electronic devices. Law enforcement agencies are now investing in next-gen technology equipped to trace the smallest evidence left by lawbreakers during execution of crime.
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North America is a key region in the forensic technologies market. The extensive use of scientific methods and techniques for investigation of crimes in the U.S. makes it a mature market for stakeholders in the forensic technologies market to draw findings from. Consistent efforts of technicians and scientists in crime laboratories across the U.S. to develop technologies that serve to be standard to be adopted by forensic agencies in other parts of the world make the region significant in the forensic technologies market.
Furthermore, the expanding use of forensics by law enforcement agencies and private companies in various industries, including healthcare, explains the leading share of the North America forensic technologies market.
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Forensic Technologies Market – Key Findings of Report
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Forensic Technologies Market – Growth Drivers
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Forensic Technologies Market – Key Players
Some of the key players operating in the forensic technologies market are;
The forensic technologies market is segmented as follows;
Forensic Technologies Market, by Service
Forensic Technologies Market, by Location
Forensic Technologies Market, by Region
Modernization of healthcare in terms of both infrastructure and services have pushed the healthcare industry to new heights, Stay Updated with Latest Healthcare Industry Research Reports by Transparency Market Research:
DNA Forensic Market: The forensics and DNA market is expected to grow considerably on account of increasing concerns of security, technological innovations in diagnostics, and rising awareness of the serious implications of forensics use. Analysis of DNA is used to identify the genetic distinguishing factors of an individual. The plethora of areas of the genome are called polymorphic regions, which are used for forensic analysis and genetic mapping.
Forensic Swabs Market: Swabs are used for forensic purposes. These are specially developed for proper sample detection, analyzes, and securing the remains and traces left at the crime scene. Various types of samples can be used as forensic swabs such as saliva, blood, epithelial cells, or sperms from semen. The samples recovered on the forensic swabs are sent for DNA testing in order to find the culprit through genetic fingerprinting.
Gene Therapy Market: Gene therapy market was valued at US$ 1.3 Bn in 2020 and is projected to expand at a CAGR of 19.8% from 2017 to 2028. Gene therapy is a way of fixing genetic disorders by introducing a normal and healthy gene in place of the defective one in a cell to prevent or cure different types of genetic and chronic disorders for which no cure has been developed.
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SOURCE Transparency Market Research
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