Testing positive: Mild regulation and strong demand have kept business booming
IBISWorld’s DNA Test Kit Manufacturing 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.
Industry Statistics & Market Size
Annual Growth 15-20
Industry Analysis & Industry Trends
DNA Test Kit Manufacturing is a relatively young industry with numerous opportunities for new applications. Recent developments have driven growth since 2007 and have helped defend against the economic downturn. New product development, a favorable regulatory environment and demographic trends have largely driven growth in industry revenue. The favorable regulatory environment is not forecast to persist, though, which may cause costs to rise and profit margins to suffer. Furthermore, the constitutionality of forensic DNA testing prior to conviction will face further challenges in upcoming years... purchase to read more
What is the DNA Test Kit Manufacturing industry?
This industry manufactures equipment that is used to identify individuals on the basis of their respective DNA profiles. Kits can be used for various types of DNA testing, including paternity testing, forensic services, ancestry testing and maternity testing. The industry does not include the manufacture of pathological DNA test kits or molecular diagnostics... purchase to read more
Major products in this industry
Paternity testsCriminal justice and forensics testsVeterinary services tests
Examples of brands in this Industry
Applied Biosystems (Life Technologies)QIAsymphony SP/AS (Qiagen)Toxi Tubes (Agilent)SecurSwab (Bode Technology)