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Forensic Products and Services Market in the US to Grow at a CAGR of 8.61% over the Period 2014-2019, Finds New Report

Market Research Reports, Inc. has announced the addition of “Forensics Products and Services Market in the US 2015-2019” research report to their website


Lewes, DE -- (SBWIRE) -- 03/31/2015 -- Report forecast the Forensic Products and Services market in the US to grow at a CAGR of 8.61 percent over the period 2014-2019.

Forensic products and services include forensic software, equipment, and services that are used to identify, interpret, and assess evidences collected from a crime site. The increased acceptance of DNA testing technology in the US, mainly by legal and law enforcement agencies, has highly contributed to the growth of the Forensic Products and Services market in the country.

The report covers the present scenario and growth prospects of the Forensic Products and Services market in the US for the period 2015-2019. To calculate the market size, the report considers revenue generated from the following products and services segments:

- DNA Testing (includes DNA testing equipment, software, and services)

- Fingerprinting/Biometrics (includes fingerprinting equipment, software, and services)

- Analytical (includes drug identification kits, toxicology immunoassay testing products, and forensic biology)

- Computer Forensics and Forensic Database Products and Services

According to the report, one of the maor drivers of the market is the rise in crime rate. The US has witnessed the highest number of gun-related deaths such as murder, suicide, and homicide worldwide. Children are also becoming easy targets of gun-related violence in the US. Every year, about 6,500 children are killed in gun-related violence in the country. This has put school-going children at high risk, resulting in the closure of nearly 45 public schools in 2013.

Further, the report states that Inconsistent government support is one of the major challenges of the market. Increased disparities in government regulations to manage and test new technologies are affecting the growth of the market.

Forensic Products and Services Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market

Key players in the Forensics Products and Services Market in the US: Agilent Technologies Inc., NMS Labs Inc., Thermo Fisher Scientific Inc. and Ultra Electronics Forensic Technology Inc.

Other Prominent Vendors in the market are: ACR Data Recovery, ArroGen, Bode Technology, Capsicum Group, Cellmark Forensic, Computer Forensic Services, Forensics Consulting Solutions, Safariland, SPEX Forensics and Tri-Tech Forensics

Market Driver
- Rise in Crime Rate
- For a full, detailed list, view our report

Market Challenge
- Discrepancies in Government Regulations
- For a full, detailed list, view our report

Market Trend
- Popularity of Digital Forensics
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 80 pages "Forensics Products and Services Market in the US 2015-2019" report covers the Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Profile: US, ummary of Figures, Introduction, Market Description, Market Insights, Market Landscape, Product Lifecycle Analysis, Market Segmentation by Products and Services, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

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