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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 | Nov 2014

All relative: Improved technology and declining costs will support the industry

The DNA & DNA Forensic Laboratories market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
LabCorp LabCorp market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 09-14
10.5%
Annual Growth 14-19
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Profit
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Employment
7,957
Businesses
135
Industry Analysis & Industry Trends

In the five years to 2014, 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 SWOT Analysis Chapter

The DNA and DNA Forensic Laboratories industry is in the growth stage of its industry life cycle. IBISWorld estimates that the industry's contribution to the overall economy, as measured by industry value added (IVA), will grow at an annualized rate of 10.3% in the 10 years to 2019. By comparison, the US economy is expected to grow 2.5% per year on average during the same period.

In spite of some consolidation among existing operators, the number of firms operating in this industry is expected to increase over the next five years, largely due to the industry's high profit margins. In the ten years to 2019, the number of industry enterprises is expected to increase at an average rate of 1.9% per year to 144 firms... 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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