The US Market for Forensic Technologies and Services is Projected to Reach US$20.8 Billion by 2020

Rising Incidence of Crime Drives the Forensic Technologies and Services Market in the United States, According to New Report by Global Industry Analysts, Inc.

GIA announces the release of a comprehensive US market report on Forensic Technologies and Services. The US market for Forensic Technologies and Services is projected to reach US$20.8 billion by 2020, driven by rising crime rates, increasing sophistication of forensic investigations, and developments in forensic technologies.

Forensics emerged as a dynamic field in the modern economy driven by convergence of social demands and technological change. Growth in the market is governed by rising crime rates, and increasing demand for a full suite of forensic technologies spanning evidence collection, preservation, processing, scientific testing and analysis. Other key growth drivers include increasing emphasis on security and stronger role of forensic science in courtrooms in connection with criminal and civil proceedings.

The crime scene in the country is generating perennial demand for forensic ballistic intelligence. Incidences of gun violence and homicides continue to rise in the US with about 300 million citizens legally owning guns and more than 5.8 million firearms sold each year.  The ‘Gun Culture” continues to remain an issue of political debate and social concern in the country that has one of the highest gun ownership of 88.8 guns per 100 people. Other factors responsible for the increasing incidence of crime in the country include deterioration in parenting and family values, poor diagnosis and treatment of mental illnesses, inadequate mental healthcare system, easy accessibility to guns, and rise in cocaine use and drug trafficking.

Technological developments such as development of Human Microbiome, which is a collection of all the micro organisms found on human body organs, promises to unlock vital evidence for forensic investigators. Another important development is the Innovative Spectroscopy Technique, which is a modified adaption of widely prevalent X-ray photoelectron spectroscopy (XPS) that promises to impart more effective results in cloth fiber analysis. Raman Spectroscopy for identifying the brand of lipstick worn by someone present at the crime scene and use of nanoparticles for easy detection of fingerprints on paper represents other technological advancements that are expected to drive future growth in the market.

As stated by the new market research report on Forensic Technologies and Services, growth in the United States is led by rising gun violence, digital crimes, terrorist bombings, and government intervention to upgrade crime lab infrastructure and expand criminal DNA database, among others.  Segment-wise, DNA Testing represents the fastest growing segment with a projected CAGR of 7.7% over the analysis period.

Key players covered in the report include ACR Data Recovery Inc., Agilent Technologies, BAE Systems Plc, Capsicum Group LLC, Computer Forensics Inc., Creative Forensic Services, Cyber Agents Inc., Forensics Consulting Solutions LLC, Global Digital Forensics Inc., Horiba Ltd., MorphoTrust USA Inc., Neogen Corporation, Orchid Cellmark Inc., Pyramidal Technologies Ltd., Thermo Fisher Scientific Inc., and Tri-Tech Forensics Inc., among others.

The research report titled “Forensic Technologies and Services: A US Market Report” announced by Global Industry Analysts Inc., provides a comprehensive review of industry segments, trends, growth drivers, restraints, market share, market size, product launches, mergers, acquisitions and other strategic industry activities. The report provides market estimates and projections for the US market. Segments analyzed in the report include Forensic Databases, Forensic Consulting & Computer Forensics, Biometrics/Fingerprinting, DNA Testing, and Others.