Market Size of Forensic Medicine Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 12.01 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | North America |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Forensic Medicine Market Analysis
The forensic medicine market is expected to register a CAGR of 12.01% over the forecast period.
The COVID-19 pandemic had a significant impact on many facets of human existence, including the multidisciplinary, interdisciplinary practical activities of forensic sciences. The various operations, such as crime scene investigation (CSI), autopsies, external exams, and genetic and toxicological analyses of tissues and/or bodily fluids, are quite distinct. According to the NCBI research study published in February 2022, forensic professionals were required to quickly adapt their activities to adequately address the changes imposed by the pandemic. At the same time, forensic experts may come into touch with subjects directly in real life, such as when working with abuse victims (in some cases involving minors), obtaining biological samples from suspects, or physically inspecting subjects. In this circumstance, forensic specialists need to put precautions in place to decrease the danger of SARS-CoV-2 infection, including wearing the proper PPE and working in settings with low infection risks. Consequently, during the pandemic, the costs involved in forensic sciences were substantially increased. Thus, the market was adversely impacted by the pandemic. However, with the decreasing number of COVID-19 cases and the resumption of healthcare services, the market started to gain momentum and is expected to maintain an upward trend over the forecast period.
The forensic medicine market will likely show rapid growth due to the increasing global crime rate, the sophistication of crime, and the increasing demand for forensic technologies. However, homicides and several other violent crimes have decreased marginally in the first half of this year compared to the last. The Council on Criminal Justice (CCJ) released its mid-year 2022 crime report on Thursday and examined crime data from 29 cities. When compared to the same six-month period in 2021, homicides fell by 2.0% between January and June 2022. As homicides reached historic highs in several places in 2020 and 2021, the tiny decline is less satisfactory. Based on information from 23 cities, homicide statistics in the first half of 2022 were still 39.0% higher than they were during the same period. Thus, increasing crime rates are expected to increase the adoption of forensic medicines, such as forensic DNA analysis, fingerprint analysis, etc., to solve crimes.
However, the declining supply of forensic services and regulatory constraints may hinder the market's growth over the forecast period.
Forensic Medicine Industry Segmentation
As per the scope of the report, forensic medicine is the branch of science that deals with the application of medical knowledge to establish facts in civil or criminal legal cases. Medicine is also known as forensic pathology and is applied in cases such as the investigation into the cause and time of a suspicious death.
The forensic medicine market is segmented by method (DNA profiling, fingerprint analysis, chemical analysis, and other methods), application (genome sequencing, judicial/law enforcement, and other applications), and geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 countries across major regions, globally. The report offers the value (in USD million) for the above segments.
By Method | |
DNA Profiling | |
Finger Print Analysis | |
Chemical Analysis | |
Other Methods |
By Application | |
Genome Sequencing | |
Judicial/Law Enforcement | |
Other Applications |
By Geography | ||||||||
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Forensic Medicine Market Size Summary
The forensic medicine market is poised for significant growth, driven by the increasing global crime rate and the demand for advanced forensic technologies. The market experienced a temporary setback due to the COVID-19 pandemic, which necessitated adaptations in forensic practices to mitigate infection risks. However, as healthcare services resumed and COVID-19 cases declined, the market began to recover and is expected to continue its upward trajectory. The market's expansion is further supported by the growing adoption of forensic techniques such as DNA and fingerprint analysis, which are crucial for solving crimes. Despite a slight decrease in violent crimes, the persistent need for forensic solutions remains strong, although regulatory constraints and a declining supply of forensic services could pose challenges to growth.
In North America, the forensic medicine market is anticipated to witness robust growth, fueled by an increase in crime rates and numerous product launches. The region's market is characterized by a high concentration of key players and favorable initiatives, such as partnerships and new service offerings, which are expected to drive further expansion. The competitive landscape is marked by strategic activities like mergers, acquisitions, and collaborations among major companies, including Agilent Technologies and Bode Cellmark Forensics. These dynamics, coupled with technological advancements and the introduction of innovative products, are set to enhance the market's growth prospects over the forecast period.
Forensic Medicine Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Global Crime Rate
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1.2.2 Sophistication of Crime
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1.2.3 Increasing Demand for Forensic Technologies
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1.3 Market Restraints
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1.3.1 Declining Supply of Forensic Services
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1.3.2 Regulatory Constraints
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD million)
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2.1 By Method
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2.1.1 DNA Profiling
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2.1.2 Finger Print Analysis
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2.1.3 Chemical Analysis
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2.1.4 Other Methods
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2.2 By Application
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2.2.1 Genome Sequencing
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2.2.2 Judicial/Law Enforcement
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2.2.3 Other Applications
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2.3 By Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.2 Europe
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2.3.2.1 Germany
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2.3.2.2 United Kingdom
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2.3.2.3 France
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2.3.2.4 Italy
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2.3.2.5 Spain
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2.3.2.6 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 India
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2.3.3.4 Australia
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2.3.3.5 South Korea
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2.3.3.6 Rest of Asia-Pacific
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2.3.4 Middle East and Africa
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2.3.4.1 GCC
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2.3.4.2 South Africa
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2.3.4.3 Rest of Middle East and Africa
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2.3.5 South America
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2.3.5.1 Brazil
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2.3.5.2 Argentina
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2.3.5.3 Rest of South America
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Forensic Medicine Market Size FAQs
What is the current Forensic Medicine Market size?
The Forensic Medicine Market is projected to register a CAGR of 12.01% during the forecast period (2024-2029)
Who are the key players in Forensic Medicine Market?
Agilent Technologies, Belkasoft, Bode Cellmark Forensics, Eurofins Medigenomix Gmbh and Funeralia GmbH (Hygeco Group) are the major companies operating in the Forensic Medicine Market.