Le Lézard
Classified in: Health, Science and technology
Subject: SVY

Human Identification Market to Garner US$ 1,000 Mn by 2022 - Future Market Insights



VALLEY COTTAGE, New York, October 5, 2017 /PRNewswire/ --

The global market for human identification has been projected to register a CAGR of 6% throughout the forecast period 2017 to 2022, according to Future Market Insights' (FMI) recently published report. The global human identification market is estimated to account for more than US$ 1,000 Mn revenues by 2022-end.

     (Logo: http://photos.prnewswire.com/prnh/20161020/430874LOGO )

Use of Skin Microbiome for Human Identification - A Major Trend 

One of the major trends observed in the global human identification market is use of skin microbiome. Although this process is excessively time consuming, extending to approximately 3 years, it is anticipated to offer a preliminary market panel, creating opportunity for future development of a reproducible & robust technique for human identification. New product developments, and increasing M&A activities are other key trends being witnessed in the market. A key challenge for market players is price erosion in genomics services as well as instruments. Several molecular detection procedures for human identification are yet in their validation stage. However, few of them are available in the market, and are being implemented in several laboratories worldwide.

Global Market Research Report Overview on Human Identification @ https://www.futuremarketinsights.com/reports/human-identification-market

The global human identification market has been experiencing a continuous launch of new & advanced products over the recent past. In addition, rapid DNA analysis has gained immense traction in improving the process of human identification. Leading companies in the human identification market are shifting their focus towards minimisation of cost & time required for DNA analysis. Several governments around the world are offering funds for R&D activities related to human identification technologies.

Forensic Investigation to Remain Dominant Modality of Human Identification 

On the basis of modality, forensic investigation will retain its dominance in the global human identification market, with revenues estimated to surpass US$ 450 Mn by 2022-end. Paternity testing will also remain a lucrative modality of human identification, and will account for nearly one-fourth share of the market throughout the forecast period. In contrast, anthropology is expected to be the least lucrative modality of human identification.

View Report Table of Contents, Figures, and Tables@ https://www.futuremarketinsights.com/reports/human-identification-market/toc

Based on end-users, research institutes will witness the fastest expansion in the global human identification market through 2022. Contract research organisations, on the other hand, will witness a relatively slower expansion than other end-users in the market through 2022. In addition, forensic laboratories and hospitals are projected to account for the largest revenue shares of the market during the forecast period.

Increased Government Spending on Forensic Science to Drive the Market Growth in North America 

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 robust expansion of DNA database in the U.S. North America will witness the fastest expansion in the global human identification market through 2022. Asia-Pacific excluding Japan (APEJ) will also register a significant CAGR in the market. This is mainly because of various government initiatives for increasing awareness about forensic technologies and their implementation in DNA analysis. China and India are expected to be the fastest growing markets for human identification in APEJ.

A sample of this report is available upon request@ https://www.futuremarketinsights.com/reports/sample/rep-gb-5078

By technique, dominance of polymerase chain reaction in the global human identification market is expected to remain unchallenged over the forecast period, followed by capillary electrophoresis. Next generation sequencing technique will register an impressive expansion through 2022, as it has the potential of being the ultimate platform of genotyping for human identification. In addition, rapid DNA analysis will continue to register the highest CAGR in the market through 2022.

Company Profiles 

Key players identified by FMI's report on the global human identification market include Promega Corporation, New England Biolabs Inc., LGC Limited, Roche Holding AG, IntegenX Inc., Flinn Scientific, Inc., QIAGEN N.V., Bio-Rad Laboratories Inc., Merck & Co. Inc., General Electric Company, and Thermo Fischer Scientific, Inc.

Buy Human Identification Market Report 

About Us  

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Contact Us
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
T (UK): +44(0)20-7692-8790
Sales: sales@futuremarketinsights.com

Websitehttp://www.futuremarketinsights.com

SOURCE Future Market Insights


These press releases may also interest you

at 18:30
Pharmaceutical companies are increasingly using digital engagement channels to more effectively communicate with their customers. Unlike many other operational areas of pharma, the performance of digital marketing can be measured to evaluate the...

at 18:27
Phytoplant Research S.L. participated in a first-ever pioneering collaborative project to investigate the ability of cannabinoid cannabigerol (CBG), the molecular precursor of ?9-tetrahydrocannabinol (? 9-THC) and cannabidiol (CBD). The study...

at 17:58
Muhammad Yasser Darkazally, M.D. is recognized by Continental Who's Who as a Pinnacle Lifetime Member in the field of Internal Medicine in recognition of his role as an Internist at Saint Francis Hospitalists.  Since 1960, Saint Francis...

at 17:30
Canopy Health's expansion into the South Bay has been officially approved by the Department of Managed Health Care (DMHC). The unique, high-performance network is growing its pioneering healthcare model by adding two medical groups and three...

at 17:19
Trovagene, Inc. , a clinical-stage oncology therapeutics company, developing targeted therapeutics for the treatment of hematologic and solid tumor cancers, today announced that William Welch has resigned from his positions as Chief Executive Officer...

at 17:17
This Monday at the International Cannabis Business Conference, five cannabis companies from across Canada will be vying for $1 million in funding from Canopy Rivers, an investment and operating platform focused on the cannabis market in collaboration...




News published on 5 october 2017 at 10:00 and distributed by: