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Human Identification Market to Reach Valuation of USD 2.7 Billion by 2030 – Growth in the Usage of Technologies Like Biometrics, Facial Recognition, and DNA Profiling Drive The Market

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Press Release-Human Identification Market to Reach Valuation of USD 2.7 Billion by 2030 – Growth in the Usage of Technologies Like Biometrics, Facial Recognition, and DNA Profiling Drive The Market

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Human Identification Market to Reach Valuation of USD 2.7 Billion by 2030 – Growth in the Usage of Technologies Like Biometrics, Facial Recognition, and DNA Profiling Drive The Market

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In terms of revenue, the Global Human Identification Market is expected to reach USD 2.7 Billion by 2030, growing at a CAGR of 13.8% from 2023 to 2030.

The growth of the Human Identification Market can be attributed to several factors. One factor contributing to the market's expansion is the increasing demand for forensic and genetic testing services in the healthcare industry. As genetic testing becomes more accessible and affordable, more people are seeking to determine their ancestry, identify genetic disorders, and determine their susceptibility to certain diseases.

Additionally, rising crime rates and the need for accurate identification in law enforcement have also contributed to the growth of this market. In recent years, innovations in DNA sequencing and biometric technologies have enabled forensic specialists to identify individuals with greater accuracy and speed. Furthermore, the development of cloud-based storage and analysis solutions has made it easier to store and manage large volumes of data, further driving growth in the Human Identification Market. Ultimately, the continued evolution of technology is expected to generate new growth opportunities in this fast-growing industry.

Key Highlights from the Report

Based on Application, the Human Identification Market includes forensic science, genetic testing, and biometric identification. Forensic analysis is the dominant category in this segment, as it involves the use of DNA testing and fingerprints to identify suspects in criminal investigations. Genetic testing is also a growing application as it is used to identify an individual's heritage and predict their risk of developing certain diseases. Biometric identification involves the use of physical characteristics, such as facial recognition or iris scanning, to verify a person's identity. 

. Based on Technology, due to its many benefits, PCR (polymerase chain reaction) currently rules the technology sector of the market for human identification. First off, PCR has high specificity and sensitivity, making it possible to accurately amplify and detect even minuscule amounts of DNA. Furthermore, PCR can be used to analyze a variety of sample types, including forensic, medical, and ancient DNA samples. Its adaptability and compatibility with various instruments also add to its power. Additionally, PCR is a relatively quick and inexpensive technique, which makes it appealing for high-throughput applications in human identification like paternity testing and genetic profiling.

. Based on End-User, the Human Identification Market includes law enforcement agencies, government bodies, and academic and research institutions. Law enforcement agencies are the dominant category in this segment, as DNA and fingerprint analysis are commonly used to solve crimes. Government bodies also play a crucial role in human identification through national identity programs, including the issuance of passports and national ID cards. Academic and research institutions are primarily involved in the development of advanced technologies and methods to improve human identification. As the demand for accurate and efficient human identification continues to increase, all of these end-users will continue to drive growth within the Human Identification Market.

In terms of region, North America is expected to be the dominating region in

for Human Identification Market during the forecast period. Factors driving growth in this region are increasing cases of criminal activities, growing adoption of DNA-based forensic testing in legal and law enforcement agencies, and technological advancements in DNA sequencing. The dominant category among the North American segment is forensic testing, which includes DNA profiling, fingerprinting, and other types of genetic analysis. Forensic testing is widely used by law enforcement agencies and forensic laboratories in the region, leading to its dominance in the North America of the Human Identification Market.

Market Dynamics

The Human Identification Market has experienced significant changes recently due to factors such as advancements in technology and rising demand for biometric solutions. One prominent trend seen in this market is the adoption of facial recognition technology, which is being widely utilized for various applications such as surveillance, access control, and identity verification. Another trend observed is the rise in the use of DNA testing for forensics and ancestry testing purposes. This has fueled the growth of the Human Identification Market. Additionally, the COVID-19 pandemic has led to an increased need for touch-free biometric solutions such as fingerprint and iris recognition, as well as contactless thermal screening.

The Human Identification Market refers to the sub-segment of the biometric industry that focuses on identifying individuals using physical and behavioral characteristics. The market is expected to have significant growth in the upcoming years, driven by factors such as increased government initiatives for biometric identification, growing security concerns, and significant investments made by large companies in biometric technologies. The adoption of biometric identification in various industries, such as healthcare, banking, and education, is also expected to fuel market growth.

However, there are some restraints that could hinder market growth. Privacy concerns surrounding storing biometric data could make it difficult to achieve widespread adoption, and the high cost of biometric systems could limit their use in some regions. Additionally, technical limitations related to the accuracy of biometric systems could slow adoption, especially in scenarios where they must be used on a large scale. Nonetheless, the future for the Human Identification Market looks bright as the demand for accurate and convenient identification solutions continues to rise.

North America dominated the overall Human Identification Market in 2022, North America Human Identification Market is estimated to be the most dominant region during the projected period due to the presence of a large number of biotechnology and pharmaceutical companies, increasing investments in research and development, and significant developments in DNA analysis techniques. Because of the increasing adoption of modern technology in forensic investigations and the rise in crime rates, the United States is a major contributor to market growth. Europe is predicted to grow significantly as a result of government initiatives to improve forensic capabilities and increased financing for research and development operations. The Asia Pacific market is predicted to grow rapidly due to rising demand for forensic technologies, rapid population expansion, rising crime rates, and an increase in DNA databases. The Rest of the World is expected to register moderate growth owing to the increasing number of research activities in South America and Africa.

The Global Human Identification Market is Segmented as follows

  • Technology
    • Polymerase Chain Reaction (PCR)
    • Next-generation Sequencing (NGS)
    • Capillary Electrophoresis
    • Short Tandem Repeat (STR)
    • Other Technologies
  • Application
    • Forensic Application
    • Paternity Testing
    • Personal Identity Verification
    • Missing Persons’ Identification
    • Disaster Victim Identification
    • Other Applications
  • End User
    • Forensic Laboratories
    • Government & Private Organizations
    • Academic & Research Institutes
    • Hospitals
    • Diagnostic Centers
    • Other End-Users
  • Region
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa
 

A list of the Key Players of the Global Human Identification Market is

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The Global Human Identification Market Scope can be Tabulated below

Parameter Details
Market Size Provided for Years 2016-2028
Base Year 2021
Historic Years 2016-2020
Forecast Years 2022-2028
Segments Covered
  • Technology
    • Polymerase Chain Reaction (PCR)
    • Next-generation Sequencing (NGS)
    • Capillary Electrophoresis
    • Short Tandem Repeat (STR)
    • Other Technologies
  • Application
    • Forensic Application
    • Paternity Testing
    • Personal Identity Verification
    • Missing Persons’ Identification
    • Disaster Victim Identification
    • Other Applications
  • End User
    • Forensic Laboratories
    • Government & Private Organizations
    • Academic & Research Institutes
    • Hospitals
    • Diagnostic Centers
    • Other End-Users
  • Region
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa
Region & Counties Covered
  • North America
    • U.S.
    • Canada
    • Mexic
  • Eurpe
    • U.K
    • France
    • Germany
    • Italy
    • Spain
    • Rest Of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Suth Korea
    • South East Asia
    • Rest Of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Rest Of Latin America
  • Middle East & Africa
    • GCC Cuntries
    • South Africa
    • Rest Of Middle East & Africa
Companies Covered
  • Cytiva (U.S.)
  • PerkinElmer Inc. (U.S.)
  • BioTek Instruments Inc. (U.S.)
  • Tecan Trading AG (Switzerland)
  • Abbott (U.S.)
  • Thermo Fisher Scientific Inc. (U.S.)
  • BD (U.S.)
  • Bio-Rad Laboratories Inc. (U.S.)
  • Merck KGAA (Germany)
  • Agilent Technologies Inc.(U.S.)
  • Illumina Inc. (U.S.)
  • General Electric (U.S.)
  • Siemens Healthcare GmbH (Germany)
  • Hitachi Ltd. (Japan)
  • Verogen Inc. (U.S.)
  • QIAGEN (Germany)
  • Eurofins Scientific (Luxembourg)
  • Ciro Manufacturing Corp. (U.S.)
  • Hamilton Company (U.S.)
  • Sorenson Forensics (U.S.)
  • Innogenomics Technologies LLC (U.S.)
  • Genex Diagnostics Inc. (U.S.)
  • LGC Limited (UK)
  • NMS Labs (U.S.)
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis

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20 Jul 2023

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Historical Data | Base Year 

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Human Identification Market to Reach Valuation of USD 2.7 Billion by 2030 – Growth in the Usage of Technologies Like Biometrics, Facial Recognition, and DNA Profiling Drive The Market

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