U.S. Markets Forforensic Products And Services To Reach Nearly $16.3 Billion By 2018

Advancements in forensic technology, including enhanced techniques for electronic evidence recovery, portable DNA profiling, and developments in facial recognition and biometrics scanning have led to significant demand for forensic products and services, particularly in the legal and law enforcement sectors. Research and development spending, increasing accuracy and quality, lower costs, and rising demands will drive growth in this market for the foreseeable future.

BCC Research provides an in-depth analysis of the U.S. markets for forensic products and services through its report Forensic Technologies: New and Growing Markets. According to the report, this market was estimated at $10.9 billion in 2012 and is expected to reach $11.2 billion in 2013. BCC Research projects the market to grow to $16.3 billion by 2018, and register a five-year compound annual growth rate (CAGR) of 7.8% from 2013 to 2018.

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Use this report to:

• Gain an overview of the U.S. forensic science market.
• Analyze forensic technologies market trends, with data from 2012, estimates for 2013, and projections of compound annual growth rates (CAGRs) through 2018.
• Evaluate all areas of the forensics market, including identification of current and future technologies, products, market segments/end markets, and government and regulatory agencies.
• Examine information on major patents filed.
• Review participating companies in light of technological strengths and weaknesses, relative market share, marketing strengths, and innovative marketing practices.

With its broad scope and in-depth analyses, this study will prove to be a valuable resource, particularly for anyone interested in the forensic market for analytical instrumentation, drug and toxicology analysis, DNA profiling, fingerprinting/biometrics, and computer forensics. Specifically, it is intended for researchers, laboratory, and government personnel working in research or company settings, as well as business professionals involved with analytical instrumentation, drug and toxicology analysis, DNA profiling, fingerprinting/biometrics, and computer forensics. Potential investors and members of the general public interested in acquiring a business–oriented view of the forensic science industry will also benefit from this report.

Global Market for Forensic Products and Services to Grow To $17.2 Billion by 2016

The global market for Forensic Products and Services in 2010 was nearly $10.1 billion. BCC expects the market to approach $11 billion in 2011 and pass $17.2 billion by 2016, a compound annual growth rate (CAGR) of 9.4% between 2011 and 2016.

Learn about the forensic science industry products and technologies used to analyze evidence in a crime laboratory as well as other types of evidence and get to know trends in the application of these technologies and products, and measurements and forecasts of market demand through 2016. Company profiles and a patent analysis are provided as well....

Use this report to: 

• Understand market dynamics and demand within the forensic science industry and the key objectives in designing for forensic testing
• Identify and evaluate technology advancements in forensics as well as trends in the application of these technologies and products
• Make informed business decisions and effective marketing strategies to capture market share from current and future technologies, products, market segments and end markets
• Assess competitors in terms of technological strengths and weaknesses, relative market share, marketing strengths, and innovative marketing practices.

To provide further information about this report we offer a Complimentary Introduction, available from our Website. To download, simply click here, go to the Table of Contents tab, add the complimentary introduction to your cart, and confirm your order.

SUMMARY FIGURE
MAJOR U.S. FORENSIC PRODUCTS AND SERVICES MARKET SEGMENTS FORECAST, 2010-2016
($ MILLIONS)

Market for forensic products and services to grow to $17.2 billion by 2016

The US market for forensic products and services in 2010 was nearly $10.1 billion. BCC expects the market to approach $11 billion in 2011 and pass $17.2 billion by 2016, a compound annual growth rate (CAGR) of 9.4% between 2011 and 2016.

Learn about the forensic science industry products and technologies used to analyze evidence in a crime laboratory as well as other types of evidence and get to know trends in the application of these technologies and products, and measurements and forecasts of market demand through 2016. Company profiles and a patent analysis are provided as well....

Use this report to:

• Understand market dynamics and demand within the forensic science industry and the key objectives in designing for forensic testing
• Identify and evaluate technology advancements in forensics as well as trends in the application of these technologies and products 
• Make informed business decisions and effective marketing strategies to capture market share from current and future technologies, products, market segments and end markets 
• Assess competitors in terms of technological strengths and weaknesses, relative market share, marketing strengths, and innovative marketing practices.

To provide further information about this report we offer a Complimentary Introduction, available from our Website. To download, simply click here, go to the Table of Contents tab, add the complimentary introduction to your cart, and confirm your order.

MAJOR U.S. FORENSIC PRODUCTS AND SERVICES MARKET SEGMENTS FORECAST, 2010-2016 ($ MILLIONS)