Human Identification Market: Current Analysis and Forecast (2022-2028)

Human Identification Market: Current Analysis and Forecast (2022-2028)

Global Human Identification Market is expected to grow at a significant rate of around 12% during the forecast period. The global human identification market is anticipated to witness an uptick owing to the growing technological advancements in human identification systems and rising government funding and initiatives. For instance, in May 2020, the government of India acquired DNA testing kits for tracing the "purity of races" of its 1.4 billion population sparked outrage. INR 10 crore of funds have also been set aside for the project by the culture ministry of India. Furthermore, the rapidly increasing use of polymerase chain reaction (PCR) and next-generation sequencing (NGS) along with the rising application of PCR and NGS in the human identification market is also positively influencing the market growth. This is also leading to the increasing focus of many industry players to launch new and innovative products in the market. For example, in June 2020, Azure Biosystems launched the Azure Cielo Real-time PCR instrument, a 96-well qPCR machine that upholds Azure's brand promise: high performance, compact design, and intuitive workflow.

Thermo Fisher Scientific Inc., QIAGEN, Promega Corporation, Agilent Technologies Inc. Illumina Inc., Bio-Rad Laboratories Inc., Eurofins Scientific, Hamilton Company, GENETEK Biopharma GmbH, Integenx Inc. are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.
 
Insights Presented in the Report
"Amongst technology, next-generation sequencing category to witness higher CAGR during the forecast period”

Based on technology, the human identification market is segmented into a polymerase chain reaction, next-generation sequencing, capillary electrophoresis, and others. The next-generation sequencing segment accounted for a significant market share in 2020 and it is estimated that it will grow rapidly during the projected timeframe as NGS is of extreme importance to medical practice as it provides a definitive diagnosis for many clinically heterogeneous diseases. Furthermore, rapid advancements in NGS technology and increasing applications of NGS in various sectors are also some other factors contributing to the growth of the segment.
"Amongst application, the forensic applications to hold a significant share in the market in 2020”

Based on application, the human identification market is classified into forensic applications, paternity testing, and others. The forensic application segment grabbed a significant market share in 2020 and is expected to grow considerably during the forecast period. The growth of this segment can be attributed to the wide use of human identification systems as there is a continuous increase in the number of crime incidences and government initiatives across the globe.
"Amongst product & services, assay kits & reagents to hold a significant share in the market in 2020”

Based on product & services, the market is fragmented into instruments, assay kits & reagents, and software & services. In 2020, the assay kits & reagents segment is expected to grab a considerable share of the human identification market owing to the regular use of various reagents & assay kits for DNA analysis. Furthermore, the launch of new assay kits and reagents is also driving the growth of this market segment in the coming years.
"North America to hold a significant share in the market”

In 2020, North America held a significant share of the global human identification market. The major factors such as favorable government initiatives, increased investments in research and development for DNA analysis coupled with technological advancements, the growing use of forensics coupled with the increasing demand for reducing the time and cost of DNA analysis in the region. For instance, in 2021, the Department of Justice's Office of Justice Programs granted awards totaling more than USD 210 million to fund crime laboratories, support research, decrease DNA backlogs, and help law enforcement identify missing persons.

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• The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
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• The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments.
• Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
• The study comprehensively covers the market across different segments.
• Deep dive regional level analysis of the industry.