Industry Analysis & Industry Trends
In the five years to 2012, revenue for the DNA and DNA Forensic Laboratories industry grew robustly in the five years to 2012. The industry is composed of major companies like Orchid Cellmark and Laboratory Corporation. The industry has benefited from rapid technology improvements that have boosted efficiency, therefore increasing price-based competition. In the five years to 2017, revenue is expected to slow (as compared with the previous five years). The industry is marked by expansion, as firms open to take advantage of the industry's high profit margins.... purchase to read more
Industry Report - Industry Key Buyers Chapter
The DNA and DNA Forensic Laboratories industry exhibits a low level of concentration. In 2012, the top three firms are estimated to account for about 17.2% of the market. Although the industry has high barriers to entry, the diverse nature of the products this industry offers keeps market concentration low. The market for many of the industry's discretionary testing services (e.g. ancestry testing, non-forensic paternity testing) is highly fragmented as these firms operate in a very lax regulatory environment. Indeed, many in-home DNA paternity tests are not accredited. Over the next five years, the industry's discretionary testing services are expected to experience increased demand as the cost of testing continues to decrease as lab throughput increases... purchase to read more