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DNA & DNA Forensic Laboratories in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

DNA & DNA Forensic Laboratories Market Research Report | Life Sciences | Laboratory Services | Mar 2016

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

IBISWorld’s DNA & DNA Forensic Laboratories market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
LabCorp LabCorp market share
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 11-16
14.1%
Annual Growth 16-21
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Profit
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Employment
16,847
Businesses
281
Industry Analysis & Industry Trends

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.... purchase to read more

Industry Report - Industry Analysis Chapter

IBISWorld estimates that revenue for the DNA and DNA Forensic Laboratories industry will increase at an average rate of 14.1% per year to $4.2 billion in the five years to 2016. Industry operators provide a wide variety of tests, including paternity tests, grandparentage tests, siblingship tests and twin zygosity tests. During the past five years, the industry has benefited from improvements in technology that have caused the price of many services to decline. Although this factor has contributed to some price competition between players, it has also caused industry demand to rise... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the DNA & DNA Forensic Laboratories Industry?

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.

Industry Products
Discretionary paternity testing Legal forensic services Veterinary DNA testing Ancestry and family relationship testing
 
Industry Activities
Paternity testing servicesDNA forensic servicesVeterinary DNA testing servicesAncestry tracking services


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