The Global Forensic Technology Market was valued at USD 19.72 Billion in 2019 and is forecasted to reach USD 52.04 Billion by 2027 at a CAGR of 12.9%.

Vancouver, BC -- (SBWire) -- 11/04/2020 --The market intelligence report offers a complete overview of the Forensic Technology market, with minute details on the competitive landscape and the profiles of the key companies operating in the business. Our team of analysts has conducted an assessment of the historical market trends, estimated growth rate, revenue generation, production capacity, pricing structure, and numerous other vital aspects of the market, including key market drivers, opportunities, challenges, and restraints. The latest research report delivers a precise study of the Forensic Technology industry, emphasizing its vital components, such as import and export analysis, production and consumption rates, sales channels, and consumer bases in the leading regions across the global market. The report further examines the crucial facts and figures related to the current market landscape and offers industry-verified databases for businesses that look forward to investing in the market. Furthermore, the report includes actionable insights intended to help readers identify the most prominent opportunities and challenges prevailing in the Forensic Technology market's broad competitive landscape. These insights would also help them formulate lucrative business expansion strategies to gain a competitive edge in the market.

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Leading manufacturers profiled in the report:
Cytiva, 3M, Eurofins Scientific, Agilent Technologies, NMS Lab, LGC Group, LGC Limited, Thermo Fisher Scientific and Micro Systemation among others.

The report contains updated information about the ongoing COVID-19 pandemic and acts as an accurate analysis of the COVID-19 impact on the Forensic Technology market. The report draws attention to the COVID-19 impact on the market and its crucial segments. As per the report, the current pandemic is one of the major contributing elements for the potential decline of the market in the coming years. The business sector has been drastically affected by the pandemic, which has adversely altered the market dynamics and demand trends. Financial difficulties brought by the pandemic have delayed the progress rate of various businesses and disrupted the global supply chains. The report further provides a future impact assessment of the Forensic Technology market concerning COVID-19.

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Type Outlook (Revenue, USD Billion; 2017-2027)
- Polymerase Chain Reaction (PCR)
- Capillary Electrophoresis
- Next Generation Sequencing
- Rapid DNA Analysis
- Automated Liquid Handling Technology
- Microarrays Arms

Application Type Outlook (Revenue, USD Billion; 2017-2027)
- Healthcare
- Law enforcement agencies
- Banking and financial institutions
- Telecom

Scope of the report
The study aims to provide a forecast of the growth of the Forensic Technology market by examining the market size, share, demand, trends, and gross revenue of the industry. Further, it provides a competitive analysis and SWOT analysis. The report segments the industry based on product type, application and end-use. It highlights the emerging trends as well as the novel technology that are visible in the market. The research offers a clear look at the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.

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Major Geographies Analyzed in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The research segments the market based on product type, applications and end-use. It profiles the key players of the business and their individual contribution to the global economy. The report focuses on significant investments, business ventures, mergers, acquisitions, collaborations along with the technological developments in the field. It also evaluates the upcoming and niche areas in the business. The researcher aims to offer expert insights related to the industry and the new opportunities available in the market.

Target Audience of the Global Forensic Technology Market Report:
- Key Market Players
- Investors
- Venture capitalists
- Small- and medium-sized and large enterprises
- Third-party knowledge providers
- Value-Added Resellers (VARs)
- Global market producers, distributors, traders, and suppliers
- Research organizations, consulting companies, and various alliances interested in this sector
- Government bodies, independent regulatory authorities, and policymakers

Additional information offered by the report:
- Along with a complete overview of the global Forensic Technology market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Forensic Technology market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.

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