Published on : Dec 18, 2017
Albany, New York, December 18, 2017: The global market discussion on the human identification can be found in a newly added report on the massive archive of Market Research Hub (MRH), which is titled as “Human Identification Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2022)”. The study offers an all-inclusive forecast & analysis on the global human identification market during the assessment period, 2017 to 2022. For the benefit of the readers, the report provides a complete perspective on the market’s growth on the basis of revenue in US$ Mn, covering different geographical regions namely Europe, Latin America, APEJ, North America, Japan and MEA. As per the study key highlights, revenues from the global market for human identification are estimated to exceed US$ 1,000 Mn by 2022-end.
To give the crystal clear picture of the market to the clients, analysts went extra miles to give detail information about market size, forecast, drivers, restraints, trends and opportunities of all the seven regions that have been covered in this report. Apart from regional insights, experts have also given comprehensive information on various segments and its sub-segments. The report has segmented the global human identification market on the basis of modality, product type, end-user and region. Research anticipates that the global human identification market to exhibit an impressive CAGR over the forecast period (2017-2022).
Major Insights from Human Identification Market Study
Human identification is an important part of forensic science, which helps in identifying persons by using traces left out during accidents, or a crime scene. Human identification basically focuses on detection of crests present on fingers of the suspect. In the recent past, the global human identification market has been undergoing a continuous launch of new & advanced products. In addition, rapid DNA analysis has gained massive traction in improving the process of human identification. Leading companies in this market are shifting their focus towards minimization of cost & time required for DNA analysis.
From a geographical standpoint, currently, North America dominates the global market for human identification, and the trend is anticipated to continue over the forecast period. Growth of the market in North America can be highly attributed to increased government spending on forensic science, coupled with the robust extension of DNA database in the U.S. North America will witness the rapid development in the global human identification market through 2022.
One of the major trends observed in the global human identification market is use of skin microbiome. Other key trends observed in the market include rising M&A activities and new product developments.
Later, a chapter clearly depicts the competitive landscape of the human identification market, along with key developments made by leading market players and their current standings in the global human identification market. At present, key players operating in the global market include Thermo Fischer Scientific, Inc., General Electric Company, Merck & Co. Inc., Bio-Rad Laboratories Inc., QIAGEN N.V., Flinn Scientific, Inc., IntegenX Inc., Roche Holding AG, LGC Limited, New England Biolabs Inc., and Promega Corporation.
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