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Global DNA Forensic Market: Overview

Advances in forensics have been of significance as of late. Nowadays, examples of modern forensic usage include the incorporation of enhanced fingerprint recovery from metals, for instance, bomb fragments and firearm cartridges, utilization color chemistry to recognize synthetic and organic weapons, and detecting advancements that are enhancing the location of medications and explosives at security checkpoints. Different innovations incorporate compact DNA profiling strategies utilized at crime scenes and noteworthy precision in determination of the age of victims and developments in scanning. These technical innovations have decreased by per unit costs in practical applications, thus enhancing the cost effectiveness of forensic applications and increasing their market penetration, thus, leading to tremendous market opportunities.

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. DNA consists of two types of variable number tandem repeats (VNTRs) and short tandem repeats (STRs) of repetitive sequences. STRs are relatively easier to analyze than those with VNTRs. The repeating number at the loci differs from individual to individual, which helps in identifying their unique profile statistically.

The DNA forensic market is projected to expand substantially due to rising security concerns, advancements in diagnostic technologies, and growing awareness about the role played by the product in various critical activities.

DNA forensics is a branch of science dealing with the use of genetic material for investigation in criminal & civil cases, human identification, and health care research. Genetic material is primarily recovered from sources such as tissues, bones, blood, saliva, hair, teeth, and semen. Analysis of DNA is used to identify the genomic distinction of an individual. The diversified areas of the genome are also called polymorphic regions, which are used for genetic mapping and forensic analysis. DNA consists of two types variable number tandem repeats (VNTRs) and short tandem repeats (STRs) of repetitive sequences. Regions with a high number of short tandem repeats (STRs) are comparatively easy to analyze than those with variable number tandem repeats (VNTRs). The number of repeats at the loci varies from person to person, which helps identify their unique profile statistically.       

Restriction Fragment Length Polymorphism (RFLP) was the first method used for DNA forensic analysis. It requires a substantially larger quantity of DNA for analysis, due to which its use has comparatively reduced and been replaced with another new technology. The polymerase chain reaction (PCR) technology is substantially used for the purpose of DNA forensic analysis as it offers millions of copies of DNA obtained through the amplification process. Due to its low cost and high output, PCR is widely used in the Human Genome Project. Mitochondrial DNA (mtDNA) analysis is another technique employed to analyze DNA samples which uses mtDNA instead of nuclear DNA. However, it is slow and highly expensive.       

The DNA forensic market is projected to expand substantially due to the rising security concerns at national & international borders and ports; increasing number of crimes such as sexual assault, terrorist attacks, kidnapping, gun violence, and homicides; and the relatively limited number of available industry players to cater to the growing consumer demand. Thus, the DNA forensic market falls under the pull type with high demand for the products and limited manufacturers of the technology.

Currently, the DNA forensic market is experiencing heavy research and development with substantial new product introduction. This encourages manufacturers to cater to the increasing customer demand with efficient and effective modality. The DNA forensic market is highly consolidated with a significant share occupied by top industry players. It is primarily driven by developed regions such as North America and Europe.

Globally, the DNA forensic market is segmented by application into the following categories: law enforcement, biodefense, health care, and physical security. Geographically, the DNA forensic market is distributed over North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is anticipated to account for a significant share in the DNA forensic market during the forecast period, followed by Europe and Asia Pacific – the latter is projected to witness a phenomenal CAGR.

Key players operating in the global DNA forensic market include Lockheed Martin, ZyGEM Corporation, M2SYS Technology, NEC Corporation, and Safran Identity & Security.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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