360 MARKET UPDATES Report provides a 360-degree overview of the global Human Identification Market with special emphasis on all aspects including drivers, restraints, and opportunities, market and regional segmentation.
Report Title: “Global Human Identification Market – Segmented by Technology, Product, Application, and Geography – Growth, Trends, and Forecast (2018 – 2023)”
Global “Human Identification Market” is expected to register a CAGR of approximately 11% during the forecast period of (2018 – 2023). Also, Human Identification Market report provides the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Human Identification Analysis.
Human Identification market Report provides a 360-degree overview of the global Human Identification market with special emphasis on all aspects including drivers, restraints, and opportunities, market and regional segmentation.
Human Identification Market Report Covers Leading Manufacturers: Agilent Technologies Inc., GE Healthcare, Illumina Inc., LGC Limited, NMS Labs Inc., Orchid Cell Market Inc., Promega Corporation, Qiagen NV, Thermo Fisher Scientific Inc.
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The global human identification market is expected to register a CAGR of 11% during the forecast period of 2018-2023. The most recent technology being used in the human identification market is the next generation sequencing (NGS) technique. NGS has the potential to be the ultimate genotyping platform for human identification. NGS is well equipped for tapping into the current vital forensic markets, such as short tandem repeats (STR). Although the costs of nucleic acid sequencing have decreased dramatically, the current NGS techniques are too expensive. However, if the sequencing costs continue to decrease, NGS may become the most cost competitive segment in the human identification market.
Advancements in DNA analysis technologies have had an enormous impact on the progress of life science research. Moreover, these advancements fuel the genomics revolution. Forensic labs are increasingly using more sensitive methods of analysis and identification of amounts of DNA. Novel techniques have been developed for identification, from soft and hard tissues and burnt human remains, and biometric evidence for facial identification. Owing to advancements in technology, selfie photographs were used to identify a carbonized body, by using the smile line and image superimposition (forensic odontology). This low-cost, rapid, and easy-to-analyze technique is considered to provide highly reliable results. More recently, personal glucose meters have been shown to be able to quantify DNA in a point-of-care setting. This development suggests that in the future, forensic DNA analysis may be conducted more promptly near the actual crime scene. While exciting scientific and technological advances are still on the horizon, the above-mentioned advancements are currently driving the human identification market.
The other factors, such as increasing demand to reduce time and cost of DNA analysis, encouragement from governments in the form of initiatives, and the increased awareness about the benefits of new technologies in DNA analysis, are driving the growth of the market studied.
Expensive Instruments Hindering the Growth of the Market
The accuracy of advanced instruments for DNA analysis is much greater. However, the instrumentation is quite expensive. An instrument like MALDI-TOF-MS costs approximately USD 150,000 to USD 300,000. The on-line supercritical fluid extraction-gas chromatography/mass spectrometry (SFE-GC/MS) and mitochondrial DNA (mtDNA) sequencing systems used for human identification, with hair as source material, are expensive and can cost about USD 70,000 to USD 80,000. If one wishes to go for automated sequencing, costs can be up to USD 160,000, which is unaffordable for most of the crime laboratories in developing countries. Instruments used for the analysis of large numbers of single nucleotide polymorphisms by direct sequencing, are also expensive and time consuming. There are several robotic platforms, like high-throughput instruments, which are significantly larger and more expensive. Though most of the procedures used in human identification are technologically advanced, the high cost of the instrumentation makes them less attractive, thus restraining the growth of the market. Other factors, such as insufficient budgets in R&D for certain regions, are also hindering the growth of the market.
North America to Lead the Market
Due to the presence of sophisticated and supportive healthcare infrastructure, North America dominates the human identification market, followed by Europe.
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Reasons to Purchase Human Identification Market Report:
- Identification of key factors instrumental in changing the market scenario, exploiting new opportunities, and gaining a competitive edge.
- Analysing various perspectives of the market with the help of Porter’s five forces analysis.
- The authentication mode is likely to witness the highest adoption of these systems in the market.
- The regions that are expected to witness the fastest growth during the forecast period.
- The SWOT analysis for key players and a detailed study of their current strategic interests and key financial performance indicators.
- 3 months’ analyst support along with the Market Estimate sheet (in excel).
“We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.”
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