|
(Health-NewsWire.Net, November 10, 2020 ) The human identification market is expected to reach USD 1,740.2 Million by 2022 from USD 928.0 Million in 2017, at a CAGR of 13.4%. The government initiatives in forensic programs, focus of market players on expanding their reach and technological advancements are the major factors driving the growth of this market.
By application, the forensic application segment is expected to dominate the market in 2017
On the basis of application, the human identification market is segmented into forensic applications, paternity identification, and other applications. The forensic application segment accounted for the largest share of the market. The growth of this market segment is mainly driven by the increasing rate of crime across the globe.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=100607777
By end user, the forensic laboratories segment is expected to hold the largest share of the market in 2017
By end user, the human identification market is segmented into forensic laboratories, research centers, and academic & government institutes. The forensic laboratories segment holds the largest share in the market. The growth is primarily attributed to the growing availability of government funding and increasing number of laboratories.
The consumables segment to dominate the human identification market during the forecast period
The human identification market is classified by product & service into consumables, instruments, and software. In 2017, the consumables segment is expected to command the largest share and is estimated to grow at the fastest rate as compared to other segments. The market is mainly driven by the regular and bulk purchases of consumables and the launch of several new and advanced consumables.
Asia to offer lucrative growth opportunities
By region, the global human identification market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). While North America holds the largest share of the market in 2017, Asia is expected to grow at the highest CAGR during the forecast period. Increasing number of conferences and workshops in the region are some major factors driving the high growth of this regional segment.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=100607777
Some of the major players operating in the human identification market Thermo Fisher Scientific Inc. (US), Promega Corporation (US), QIAGEN N.V. (Netherlands), Illumina Inc. (US), GE Healthcare (US), and Agilent Technologies Inc. (US).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
MarketsandMarkets™
Mr. Aashish Mehra
1-888-600-6441
raviraj.tak@marketsandmarkets.com
Source: EmailWire.Com 
|
