DNA & DNA Forensic Laboratories
Over the five years to 2018, IBISWorld estimates that revenue for the DNA and DNA Forensic Laboratories industry in the United States will grow. Over the past five years, the industry has benefited from improved accessibility and declining prices, which have made DNA testing more affordable and common. Furthermore, the industry has benefited from the long-term trend of an increasing number of babies being born outside of wedlock. High profit margins have caused the number of companies operating in the industry to increase over the past five years. Over the five years to 2023, the industry is expected to continue to benefit from improved technology, which will increase productivity and revenue. Consistent investment in research and development has increased the throughput capacity of DNA laboratories, which has ultimately caused prices to decline.
This industry provides DNA paternity testing, DNA forensic services, veterinary DNA testing, ancestry tracking and other services related to human genetics. It excludes nonprofit, state-funded and state-owned institutions such as public university labs and labs that are owned and operated by law enforcement entities and the court system. Although some operators have multiple patient service centers, the industry is composed of the laboratories to which samples are submitted.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.