Global Forensic Technology Market Report and Forecast 2024-2032

Global Forensic Technology Market Outlook

The global forensic technology market size was valued at USD 17.26 billion in 2023, driven by the increasing crime rate across the globe. The market size is anticipated to grow at a CAGR of 12.8% during the forecast period of 2024-2032 to achieve a value of USD 51.21 billion by 2032.

Forensic Technology: Introduction

Forensic technology is used in the investigation of criminal cases by performing tests that could help identify the unknown imprints of individuals and other objects. The increasing number of crimes all over the globe are increasing the number of forensic investigations as well. The increasing number of murders, robberies, frauds, homicides, and accidents are contributing to the increase in demand for forensic technology. It includes several different sorts of technologies that are used in modern forensics.

The technologies used in modern forensics scenario include 3D forensic facial reconstruction in place of traditional sketching portraits, superglue fuming, laser ablation, alternate-light photography, and high-speed ballistic photography. Forensic technologies are used generally in laboratories which are called as forensic laboratories. These forensic laboratories are the place where most forensic testing and analysis are performed.

Global Forensic Technology Market Analysis

The rapid development and utilization of advanced technologies in forensic technologies is one of the key factors responsible for the growth of the market. The latest development in the field of forensics is the introduction of carbon dot powder. This carbon dot is florescent in nature which simply means it glows in dark. This florescent carbon dot powder could be applied on the tips of the fingers, which can significantly help in the forensic procedure.

Additionally, the use of artificial intelligence in forensics is also increasing rapidly. Artificial intelligence is being used to analyze criminal data as well as the crime scene, and photographs from crime scene, among others. The introduction of nanotechnologies in forensics is also a key trend aiding the global forensic technology market growth. The nanotechnologies are being used to test for illegal drugs, explosives. According to a recent advancement, scientists are now able to detect carbon and polymer-based nanomaterials and help investigators.

Global Forensic Technology Market Segmentations

Market Breakup by Product Type

• DNA Testing

• Biometric Devices 

• Digital Forensics 

• Ballistic Forensics 

• Microarrays 

• Capillary Electrophoresis 

• Others

Market Breakup by Technology

• DNA Profiling

• Drug Analysis

• Chemical Analysis

• Biometric Analysis

• Firearms Identification

• Others

Market Breakup by Applications

• Law Enforcements

• Enterprise

• Healthcare

• Others

Market Breakup by End User

• Hospitals and Clinics

• Rehabilitation Centres

• Others

Market Breakup by Region

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa

Global Forensic Technology Market Overview

The increased use of advanced technologies in the investigations of criminal cases in forensic field is primarily driving the growth of the market. Advanced technologies, such as artificial intelligence, is being used more frequently to investigate and conclude the facts and potential errors in the investigation. The use of artificial intelligence, along with the several latest developments in the forensic technologies, are contributing to the global forensic technology market growth. The increased use of forensic technologies in the identification of fingerprints and DNA amplification to study it in more detail is also propelling the market growth.

The increasing crime all over the globe is contributing to the growth in the use of forensic technologies to make more accurate assumptions or fetch more accurate results. The increase in internet frauds and cybercrime is also aiding the global forensic technology market development. Forensic investigations in cybercrime are very helpful in finding the culprit. Finding the IP addresses, tracing location, and internet activities of the culprit could turn in the culprit much easily in comparison of traditional investigation process.

Global Forensic Technology Market: Competitor Landscape

The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:

• Thermo Fisher Scientific Inc.

• Eurofins Scientific

• Agilent Technologies

• LGC Limited

• NEGON Corporation

• Ultra-Electronics Forensic Technology

• Promega Corporation

• NMS Lab

• SPEX Forensics 

• Cytiva

Key Highlights of the Report