Europe
Forensic Equipment and Supplies Market Size and Growth Rate:
The Europe forensic equipment and supplies
market is anticipated to reach USD 8.7 billion by 2024 from USD 6.0 billion out
of 2019, at a CAGR of 7.7%
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Europe
Forensic Equipment and Supplies Market Overview:
In Europe, the forensic equipment and
supplies market is projected to register tremendous growth rate during the
forecast period. Forensic equipment is used in the laboratories to investigate
the crime using collected samples at the scene of crime. Thisequipment evaluates
the information by DNA and finger printing identification. They
require trained technicians to determine the report and also analyze the
information collected.
As forensic is the reference towards the
crime and civil laws, both the teams can work for the prosecution or defense. In
early 20’s, finger printing equipment is invented which made the investigation easier
and also to find criminal more accurately. Digital forensic equipment is in
existence where they collect data from electronic device and also can store the
records securely.
Europe
Forensic Equipment and Supplies Market Growth Drivers and Restraints:
The increasing investments from public and
private organizations in the field of forensic are mainly fueling the growth of
the market in Europe. In addition, the rise in number of crime incidences across
the countries is accelerating the need of the forensic equipment and supplies
market.
However, dearth of skilled technician in
managing the equipment effectively is slightly restraining the demand of the
market. Increased rules and regulations by the government and rapid changes in
the economic strategies are declining the growth of the market in this region.
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The growing pressure from the government to
clear the backlog cases in the crime department is surging the growth
opportunities for the market. Emerging of advanced technology is greatly
influencing the market to have positive growth rate. The rising knowledge about
the DNA profiling in the criminology department among investigators is
straightly outshining the demand of the market in the coming years.
Europe
Forensic Equipment and Supplies Market Geographical Segmentation:
Geographically, Europe is having noteworthy
share with the rise in the incidences of crime and increasing awareness in the
applications of forensic equipment. Due to the quick adoption of the advanced
technology, the market witnessed dominant shares in the past decade and is
esteemed to continue the same growth rate in the foreseen years. Moreover, the
increasing investments from government and other private organizations are
escalating the demand of this market in Europe.
Key Players of the Europe Forensic Equipment and
Supplies Market:
The key players in the forensic equipments
and supplies market are Thermo Fisher Scientific, SCIEX (Danaher Corporation),
PerkinElmer, Agilent Technologies, and Waters Corporation, GE Healthcare,
QIAGEN NV, Spectris, Air Science, Lynn Peavey Company, Sirchie, BVDA
International (Netherlands), Safariland LLC, Horiba, and Illumina, Inc.
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