The Forensic Equipment and Supplies Market is expected to grow in the upcoming years due to factors such as increase in the crime rate across the major countries in the world and advancements made in the technology of Forensic Sciences.
Forensic Equipment and Supplies are mainly used in investigation of crimes, law enforcement, laboratory and educational purposes. Forensic equipment and supplies helps in detecting, collecting and processing the evidence for evaluation of the investigation. Forensic equipment has applications in evaluation of body fluids, tracing of evidence analysis, compound determination of drugs and toxic chemicals, fingerprinting and DNA identification, among others.
COVID-19 scenario analysis:
To take care of infected population the demand for medical supplies is increasing. Respiratory support devices such as atomizer, life-support machine, oxygen generator, and monitor are among the majorly used medical devices in primary clinical treatment. Moreover, COVID-19 has led to a huge surge in demand for medical supplies such as personal protective equipment including masks, gloves, and protective eyeglasses. With rise in number of COVID-19 cases worldwide, the need for medical supplies keeps on rising among, both from healthcare professionals and civil population for precautionary measures. Manufacturers of these products have a chance to capitalize this increased demand of medical supplies to ensure adequate and continuous supply of personal protective equipment in the market.Considering these factors, COVID -19 is expected to have significant impact on Forensic Equipment and Supplies Market.
Top Impacting factors:
- Factors such as increase in number of crimes and violation/breach of laws across the developing countries around the world is the important factor driving the growth of forensic equipment supplies market.
- Rise in government initiatives in the field of forensic sciences and increase in public – private investment in forensics is expected to drive the market growth.
- Increase in awareness about DNA profiling in criminology among the investigators is expected to rise the growth of forensic equipment and supplies market.
- However, high costs related to the advanced forensic equipment is the factor restraining the growth of market. Lack of skilled laboratory technicians in developing countries can hamper the growth of forensic equipment and supplies market up to some extent in upcoming years.
New Product Launch / News:
- In 2019, Forensic Logic, the premier provider of search technology and cloud-based information capabilities to law enforcement, announced the launch of its next-generation search engine and information network, COPLINK X.
- In June 2016, Thermo Fisher launched the Thermo Scientific Q ExactiveBioPharma MS/MS Hybrid Quadrupole-Orbitrap mass spectrometer. It helped the company to improve its position in the forensic equipment and supplies market.
Key benefits of the report:
- This study presents the analytical depiction of the GlobalForensic Equipment and Supplies Market along with the current trends and future estimations to determine the investments.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Forensic Equipment and Supplies Market share.
- The current market is quantitatively analyzed to highlight theForensic Equipment and Supplies Market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailedForensic Equipment and Supplies Marketanalysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in theForensic Equipment and SuppliesMarketReport:
- What are the leading market players active inForensic Equipment and Supplies Market?
- What the current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
- What Segments and region will drive the market growth & why?
- What are the new trends and advancements in the Forensic Equipment and Supplies Market?
Forensic Equipment and Supplies Market Report Highlights
By End Users
Key Market Players
GE Healthcare, Spectris, Illumina, SCIEX (Danaher Corporation), Waters Corporation, Thermo Fisher Scientific, BVDA International, Agilent Technologies, Air Science