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Forensic Technology Services: Market Research Report

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

Forensic Technology Services Market Research Report | NAICS OD4174 | Dec 2015

Cracking cases: Government regulation requiring more forensic testing will drive growth

IBISWorld’s Forensic Technology Services market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
Annual Growth
Industry Threats & Opportunities
  • The industry’s growth has been facilitated by the rapid technological change that has revolutionized every facet of forensic services
  • The scope of technological change in forensic analysis has driven demand for industry services
  • High incarceration rates will create demand for forensic services
  • ... purchase to read more

Industry Analysis & Industry Trends

The Forensic Technology Services industry, which provides a variety of forensic services used in criminal investigations, has returned to growth despite significant challenges posed by the recession. Because government agencies are traditionally the ultimate market for industry services, the contraction in budgets impeded spending on forensic services. In the coming years, industry growth is forecast to accelerate as spending at the federal, state, county and municipal levels increases on account of rising tax revenue due to improvements in the general economy... ... purchase to read more

Industry Report - Starting a New Business Chapter

Despite maintaining only a low level of market share concentration, barriers to entry for the Forensic Technology Services industry are high. Barriers to entry include securing access to government funding, hiring a highly skilled workforce and obtaining voluntary but increasingly necessary accreditations.

Government agencies are the ultimate market for the industry's services as they provide funding to the majority of accredited forensic laboratories. According to the latest available data from the US Department of Justice, state laboratories account for just more than half of all publicly funded forensic crime laboratories, with county, municipal and federal labs following suit. The.. ... purchase to read more

Additional Insights for the Forensic Technology Services Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Forensic Technology Services Industry are

  • Accreditation from the ASCLD/LAB
  • Access to a highly skilled workforce
  • Proximity to key markets
  • IBISWorld analysts also discuss how external factors such as Local and state government investment and Government consumption and investment in the Forensic Technology Services industry impact industry performance... purchase to read more


    Industry ProductsRelated Reports

    What is the Forensic Technology Services Industry?

    Companies in this industry provide database forensics and testing services such as biometrics, fingerprinting and DNA testing. Other testing services include forensic biology, forensic toxicology immunoassay (drug testing), testing for controlled substances and ballistics testing using analytical instruments.

    Industry Products
    Forensic biologyControlled substancesToxicologyLatent printsCrime sceneFirearmsTrace evidence
    Industry Activities
    Database forensics servicesBiometric testing Fingerprint analysisForensic DNA testingForensic biology testingForensic toxicology immunoassay (drug testing)Controlled substance testingBallistics testing

    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Local and state government investment
  • Government consumption and investment
  • Crime rate
  • Incarceration rate
  • Current Performance
  • Chart: Revenue Growth
  • Industry Outlook
  • Table: Forensic Technology Services Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Forensic Technology Services Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Public Administration
  • Key Selling Industries
  • Inorganic Chemical Manufacturing
  • Laboratory Supply Wholesaling
  • Organic Chemical Manufacturing
  • Products & Services
  • Forensic biology
  • Controlled substances
  • Toxicology
  • Latent prints
  • Crime scene
  • Firearms
  • Other
  • Trace evidence
  • Chart: Forensic Technology Services Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • State governments
  • County governments
  • Federal government
  • Municipal governments
  • Chart: Major Market Segmentation for the Forensic Technology Services Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Forensic Technology Services
  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Forensic Technology Services Industry
  • Industry Globalization
    Major Companies
    Laboratory Corporation of America Holdings
  • Table: FBI - financial performance
  • Table: Laboratory Corporation of America Holdings - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Forensic Technology Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Forensic Technology Services Industry
  • Includes:
  • Industry Revenue (2006-2020)
  • Industry Gross Product (2006-2020)
  • Establishments (2006-2020)
  • Businesses (2006-2020)
  • Employment (2006-2020)
  • Wages (2006-2020)
  • Local and state government investment (2006-2020)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Jargon & Glossary
    Dna Sequencer
  • A scientific instrument used to automate the DNA sequencing process.
  • Electrophoresis System
  • Equipment used to process the separation of substances, especially proteins, and analyze molecular structure.
  • Forensic Biology
  • The application of biology to law enforcement, including various subdisciplines related DNA and protein analysis.
  • Forensic Chemistry
  • The application of chemistry to law enforcement to reveal what chemical changes occurred during an incident, and so help reconstruct the sequence of events.
  • Picogram
  • One trillionth of a gram.
  • Spectrophotometer
  • Laboratory equipment used to measure the intensity of light in a part of the spectrum, especially as transmitted or emitted by particular substances.
  • Thermocycler
  • Laboratory equipment used to amplify segments of DNA.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Forensic Technology Services:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Forensic Technology Services market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Forensic Technology Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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