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DNA & DNA Forensic Laboratories - Industry Market Research Report

  • March 2016
  • -
  • Ibisworld
  • -
  • 34 pages

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All relative: Improved technology and declining costs will foster industry revenue growth



Abstract

DNA & DNA Forensic Laboratories

In the five years to 2016, the DNA and DNA Forensic Laboratories industry will benefit from improved accessibility and declining prices, which have made DNA testing more affordable and common. Furthermore, the long-term trend of an increasing number of babies being born outside of wedlock has bolstered industry demand for DNA paternity testing. Looking forward, the industry is expected to continue growing, as improved technology will increase industry productivity and revenue. Consistent investment in research and development will also support the industry, as it causes 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.



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