Human Identification Market growing at a CAGR of 9.3% | Strategic Analysis and Future Scenarios โ 2030
The COVID-19 outbreak is anticipated to have a negative impact on the growth of the global human identification market
NE WIN SIVERS DRIVE, PROVINCE: - PORTLAND, UNITED STATES, December 14, 2021 /EINPresswire.com/ -- Allied Market Research published a report, titled, "Human Identification Market by Product (Instruments, Assay Kits & Reagents, and Software), Technology (Polymerase Chain Reaction, Next-Generation Sequencing, Capillary Electrophoresis, and Others), Application (Forensic Applications, Paternity Identification, and Others), and End User (Forensic Laboratories and Research Centers and Academic & Government Institutes): Global Opportunity Analysis and Industry Forecast, 2021โ2030." According to the report, the global Human identification industry generated $1.34 billion in 2020, and is expected to generate $3.22 billion by 2030, witnessing a CAGR of 9.3% from 2020 to 2030.
Human identification is defined as the study of biometric detection and training of the datasets to analyze the sample for forensic application. This method is used by investigational authorities for identification of criminal and overall analytics of human traits. The human identification system consists of human traits such as facial, finger pins, lips, palm, iris, and tongue for DNA analysis. The capillary electrophoresis (CE) and massively parallel sequencing (MPS) are the most widely used method for human identification in paternity testing laboratories and forensic labs.
๐๐ฒ๐ ๐ฃ๐๐ ๐๐ฟ๐ผ๐ฐ๐ต๐๐ฟ๐ฒ ๐ข๐ณ ๐ง๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ช๐ถ๐๐ต ๐๐ฒ๐๐ฎ๐ถ๐น๐ฒ๐ฑ ๐๐ป๐ฎ๐น๐๐๐ถ๐ @ https://www.alliedmarketresearch.com/request-sample/13319
Drivers, restraints, and opportunities
Advancement in technology in human identification system and declined cost of DNA analysis, favorable government initiatives and increase in funds for forensic program, and rise in demand for NGS drive the growth of the global human identification market. However, high cost of genomic instrument and dearth of skilled professionals hinder the market growth. On the other hand, rise in development of advanced analytical system by major key players in the industry present new opportunities in the coming years.
The forensic laboratories segment to maintain its dominant share during the forecast period
Based on end user, the forensic laboratories segment accounted for the highest share in 2020, holding more than one-third of the global human identification market, and will maintain its dominant share in terms of revenue during the forecast period. In addition, the same segment is expected to portray the largest CAGR of 9.7% from 2020 to 2030. This is attributed to rise in number of crime cases, high testing volumes, and stringent government regulation.
๐๐ผ๐บ๐ฝ๐ฟ๐ฒ๐ต๐ฒ๐ป๐๐ถ๐๐ฒ ๐ฐ๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐ฎ๐ป๐ฎ๐น๐๐๐ถ๐ ๐ฎ๐ป๐ฑ ๐ฝ๐ฟ๐ผ๐ณ๐ถ๐น๐ฒ๐ ๐ผ๐ณ ๐บ๐ฎ๐ท๐ผ๐ฟ ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฝ๐น๐ฎ๐๐ฒ๐ฟ๐, ๐๐๐ฐ๐ต ๐ฎ๐
AutoGen, Inc., Bio-Rad Laboratories, Inc., Carolina Biological Supply Company, GENETEK BIOPHARMA GmbH, Hamilton Company, Promega Corporation, QIAGEN, SecuriGene Technologies Inc., Thermo Fisher Scientific, and Verogen, Inc
๐ท ๐๐ผ๐๐ถ๐ฑ-๐ญ๐ต ๐ฆ๐ฐ๐ฒ๐ป๐ฎ๐ฟ๐ถ๐ผ:
1) The Covid-19 pandemic and followed by lockdown has affected several manufacturing industries.
2) The prolonged lockdown resulted in a disrupted supply chain and increased the prices of raw materials.
3) However, as the world has been recovering from the pandemic, the market is estimated to get back on track.
๐๐ฒ๐ ๐๐ฒ๐๐ฎ๐ถ๐น๐ฒ๐ฑ ๐๐ผ๐๐ถ๐ฑ-๐ญ๐ต ๐๐บ๐ฝ๐ฎ๐ฐ๐ ๐๐ป๐ฎ๐น๐๐๐ถ๐ ๐ฎ๐: https://www.alliedmarketresearch.com/request-for-customization/13319?reqfor=covid
โฏ ๐๐ฒ๐ ๐๐ฒ๐ป๐ฒ๐ณ๐ถ๐๐ ๐ณ๐ผ๐ฟ ๐ฆ๐๐ฎ๐ธ๐ฒ๐ต๐ผ๐น๐ฑ๐ฒ๐ฟ๐
โฆThe study provides an in-depth analysis of the Human Identification Market along with the current trends and future estimations to elucidate the imminent investment pockets.
โฆIt offers Human Identification Market analysis from 2021 to 2030, which is expected to enable the stakeholders to capitalize on the prevailing opportunities in the market.
โฆA comprehensive analysis of four regions is provided to determine the prevailing opportunities.
โฆThe profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook of the global Human Identification Market growth.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ข๐ง ๐๐ซ๐จ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ข๐ฌ๐ข๐ญ ๐๐๐ซ๐: https://www.alliedmarketresearch.com/purchase-enquiry/13319
๐๐ฟ๐ฒ๐พ๐๐ฒ๐ป๐๐น๐ ๐๐๐ธ๐ฒ๐ฑ ๐ค๐๐ฒ๐๐๐ถ๐ผ๐ป๐?
Q1. What is the total market value of human identification market report ?
Q2. What would be forecast period in the market report?
Q3. What is the market value of human identification market in 2021?
Q4. Which is base year calculated in the human identification market report?
Q5. Does the human identification company is profiled in the report?
๐๐๐ฒ๐ป๐๐ฒ ๐๐ฎ๐๐ถ๐ฐ ๐ฃ๐น๐ฎ๐ป | ๐๐ถ๐ฏ๐ฟ๐ฎ๐ฟ๐ ๐๐ฐ๐ฐ๐ฒ๐๐ | ๐ญ ๐ฌ๐ฒ๐ฎ๐ฟ ๐ฆ๐๐ฏ๐๐ฐ๐ฟ๐ถ๐ฝ๐๐ถ๐ผ๐ป |
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โWe have also published few syndicated market studies in the similar area that might be of your interest. Below are the report title for your reference, considering Impact of Covid-19 Over This Market which will help you to assess aftereffects of pandemic on short-term and long-term growth trends of this market.โ
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ
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