The global Human Identification Analysis Software Market is projected to cross 1,854.8 million by 2026, exhibiting a CAGR of 14.7% from 2021 to 2026.
Human identification is a branch of forensic science that analyses DNA samples during investigations and identifies people. This technology is mainly used to classify a single object or item using a variety of traced evidence. Human identification helps individuals be identified by analyzing traces left behind at a crime scene or after incidents. Essentially, it focuses on finding ridges on the suspect's fingertips. Other human identification samples, such as DNA, skin, and blood, are also included. Rapid DNA analysis is one of the leading technologies for human identification, and it is one of the potential technologies. This enhances the mode of identification, which helps to boost the market.
The rising demand for DNA databases, growing government programs, increasing government funding and development in the field of biotechnology, and increased investments by many foreign countries are all driving the market. The demand for human identity research software is also driven by innovation and advancements in technology. Price deflation in genomic instruments and facilities, on the other hand, is impeding market expansion. Furthermore, technological convergence could limit the growth of the human identification analysis software market, hampered growth during the forecast period.
The Human Identification Analysis Software Market is segmented by Product Type (Consumables, Services, Instruments, Software), by Technology Type (Capillary Electrophoresis, Microfluidics, Polymerase Chain Reaction (PCR), Nucleic Acid Purification & Extraction, Automated Liquid Handling, Microarrays, Next-Generation Sequencing (NGS), Rapid DNA Analysis). The market is further analyzed on the basis of regional analysis and divided into major regions like North-America, Latin America, Asia-Pacific, Europe and MEA.
Further Key Findings from the Report Suggest
- The NGS technology segment is projected to rise at the fastest pace. Technological advances and product launches are primarily driving this market segment's growth.
- The forensic applications segment is expected to grow at a faster pace. The segment's highest CAGR can be attributed to rising crime rates around the world.
- Due to rapid developments in forensic science, North America dominates the human identity research software market. The factors driving growth in this region are increasing forensic science research and development and raising funds for these activities.
Key Participants like Thermo Fisher Scientific, QUIGEN, Promega Corporation, Agilent Technologies Inc., New England Bio labs, General Electric Company, Illumina Inc., LGC Limited, NMS Labs, Hamilton Company.
For this report, Introspective Market Research have segmented the Human Identification Analysis Software market on the basis of Region:
Regional Outlook (Revenue in USD Million; Volume in Units, 2019-2026)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
- Latin America
- Rest of LATAM