The global forensic technology market is expected to reach USD 40.4 billion by 2025, according to a new report by Grand View Research, Inc. Innovations in forensic science lead to the development of advanced techniques for solving crimes and increasing the efficiency of DNA testing. Government initiatives for achieving progress in research in forensic science, which is critical for public safety, is widening the scope for forensic technologies market growth. For instance, National Institute of Justice (NIJ) entered into a partnership with National Institute of Standards and Technology (NIST), and National Science Foundation (NSF) to develop new techniques.
These organizations have also jointly initiated Industry/University Cooperative Research Centers Program that aids in industry and academic collaborations for efficient R&D in forensic science. One of the major contributions by this program includes development of practices for preservation and handling of DNA &other biological evidence. These agenda of this program is to enhance the interoperability of national as well as regional automated fingerprinting identification systems, limit investigator bias, and develop standards for efficient analysis in criminal cases.
U.S. forensic technology market by product, 2014 – 2025 (USD Million)
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Key Takeways Of The Report :
Global forensic technologies market share by region, 2016 (%)
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Grand View Research has segmented the global forensic technologies market on the basis of type, services, application, location,and region:
Forensic Technology Type Outlook (Revenue, USD Million, 2014 – 2025)
Forensic Technology Services Outlook (Revenue, USD Million, 2014 – 2025)
Forensic Technology Application Outlook (Revenue, USD Million, 2014 – 2025)
Forensic Technology Location Outlook (Revenue, USD Million, 2014 – 2025)
Forensic Technology Regional Outlook (Revenue, USD Million, 2014 – 2025)
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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