NEW YORK, June 11, 2021 /PRNewswire/ --

The forensic technologies market is expected to grow by USD 8.30 billion during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the forensic technologies market in optimistic, probable, and pessimistic forecast scenarios.

This forensic technologies market report encapsulates not only the healthcare industry value chain analysis but also features overall validation techniques employed for deriving the most accurate data insights.

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The forensic technologies market will witness a neutral impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio's pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.

With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renew phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.

Key Considerations for Market Forecast:

• Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
• Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
• Pre- as well as post-COVID-19 market estimates
• Quarterly impact analysis and updates on market estimates

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Major Three Forensic Technologies Market Participants:

AB SCIEX LLC: The company offers forensic technology products such as X500R QTOF System, GO BEYOND - SCIEX Triple Quad 7500 LC-MS/MS System - QTRAP Ready, and others.

Agilent Technologies Inc.: The company offers Clandestine Labs & Border Security, Controlled Substances/Seized Drugs, Doping Control, Forensic Toxicology, Workplace Drug Testing, and other solutions.

Cytiva: The company offers a wide range of electrophoresis and blotting applications. EPS 301 Power Supply is one of the key offerings of the company. It is designed for performance and can be relied on for security and reproducibility.

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Forensic Technologies Market 2021-2025: Segmentation

Forensic technologies market is segmented as below:

• Geography
• • North America
  • Europe
  • Asia
  • ROW
• Technique
• • Capillary Electrophoresis
  • PCR
  • Others

The forensic technologies market is driven by the increasing crime rate demanding better investigation methods. In addition, continuous R&D in forensic science is expected to trigger the forensic technologies market toward witnessing a CAGR of almost 8% during the forecast period.

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Market Drivers

Market Challenges

Market Trends

Vendor Landscape

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

About Us
Technavio is a leading global technology research and advisory company. Our research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Report: www.technavio.com/report/forensic-technologies-market-industry-analysis

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SOURCE Technavio