Global Forensic Equipment & Supplies Market to Grow from $5.6 Billion in 2019 to $8.6 Billion by 2024, at a CAGR of 7.7% - ResearchAndMarkets.com

The "Forensic Equipment and Supplies Market by Product, Application, End User - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.

The global forensic equipment and supplies market is expected to reach USD 8,685 million by 2024 from USD 5,976 million in 2019, at a CAGR of 7.7%.

The growth of this market is majorly driven by the growing number of crimes across major countries, ongoing technological advancements in forensic sciences, growing public-private investments in the field of forensics, rising awareness among investigators about the role of DNA profiling in criminology, and the growing number of industry-academia collaborations for the development and acquisition of novel forensic technologies.

However, the high cost of forensic instruments and the dearth of well-skilled technicians to perform forensic analysis in emerging countries are the major factors that are expected to restrain the growth of this market during the forecast period.

In 2017, Thermo Fisher Scientific (US), SCIEX (Danaher Corporation, US), PerkinElmer (US), Agilent Technologies (US), and Waters Corporation (US), were the top five players in the global forensic equipment and supplies market. Other prominent players operating in this market include GE Healthcare (US), QIAGEN NV (Netherlands), Spectris (UK), Air Science (US), Lynn Peavey Company (US), Sirchie (US), BVDA International (Netherlands), Safariland, LLC (US), Horiba (Japan), and Illumina, Inc. (US).

Key Benefits of Buying the Report

This report focuses on various levels of analysis industry trends, market share of top players, and company profiles, which together form basic views and analyze the competitive landscape, emerging segments of the forensic equipment and supplies market, and high-growth regions and their drivers, restraints, and opportunities. The report will help both established firms as well as new entrants/smaller firms to gauge the pulse of the market and garner greater market shares.

Research Coverage

This report studies the forensic equipment and supplies market based on product, application, end user, and region. The report also studies factors (such as drivers, restraints, and opportunities) affecting market growth and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micro-markets with respect to their individual growth trends and forecasts the revenue of the market segments with respect to five major regions (and the respective countries in these regions).

Market Dynamics

Drivers

• Growing Number of Crimes Across Major Countries
• Ongoing Technological Advancements
• Growing Government Investments in the Field of Forensics
• Rising Awareness Among Investigators About the Role of DNA Profiling in Criminology

Restraints

• High Cost of Forensic Instruments
• Dearth of Skilled Technicians

Opportunities

• Emerging Markets

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

4.1 Forensic Equipment Market Overview

4.2 Asia Pacific: Forensic Equipment Market, By Product

4.3 Forensic Equipment Market, By Application

4.4 Forensic Equipment Market, By End User

4.5 Forensic Equipment Market, By Country

5 Market Overview

5.1 Introduction

5.2 Market Dynamics

6 Forensic Equipment and Supplies Market, By Product

6.1 Introduction

6.2 Instruments

6.3 Reagents and Consumables

6.4 Evidence-Drying Cabinets

6.5 Low-Temperature Storage Devices

7 Forensic Equipment and Supplies Market, By Application

7.1 Introduction

7.2 Drug Testing/Toxicology

7.3 DNA Analysis

7.4 Biometrics

7.5 Blood Analysis

7.6 Other Applications

8 Forensic Equipment and Supplies Market, By End User

8.1 Introduction

8.2 Government Forensic Laboratories

8.3 Independent Forensic Laboratories

8.4 Research Laboratories & Academic Institutes

9 Forensic Equipment and Supplies Market, By Region

9.1 Introduction

9.2 North America

9.3 Europe

9.4 Asia Pacific

9.5 Latin America

9.6 Middle East & Africa

10 Competitive Landscape

10.1 Overview

10.2 Global Market Share Analysis (2017)

10.3 Competitive Scenario (2014-2018)

10.3.1 Key Product Launches

10.3.2 Key Expansions

10.3.3 Key Acquisitions

10.3.4 Key Partnerships, Agreements and Collaborations

10.4 Competitive Leadership Mapping: Overview

10.5 Vendor Inclusion Criteria

10.6 Competitive Leadership Mapping (Overall Market - 2017)

10.6.1 Visionary Leaders

10.6.2 Innovators

10.6.3 Dynamic Differentiators

10.6.4 Emerging Players

11 Company Profiles

11.1 Introduction

11.2 Agilent Technologies Inc.

11.3 Air Science

11.4 BVDA International

11.5 Danaher Corporation

11.6 General Electric Company

11.7 Horiba

11.8 Illumina Inc.

11.9 Lynn Peavey Company

11.10 Perkinelmer Inc.

11.11 Qiagen N.V.

11.12 Safariland LLC

11.13 Sirchie

11.14 Spectris

11.15 Thermo Fisher Scientific

11.16 Waters Corporation

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View source version on businesswire.com: https://www.businesswire.com/news/home/20190521005530/en/