Human Identification Market Worth $1.3 billion | MarketsandMarkets™

Healthcarenews23 Apr, 2024Business

Human Identification Market in terms of revenue was estimated to be worth $0.8 billion in 2024 and is poised to reach $1.3 billion by 2029, growing at a CAGR of 10.7% from 2024 to 2029 according to a new report by MarketsandMarkets™. In recent years, there has been substantial growth in the human identification market, driven primarily by the increasing public-private investments in the forensic science industry, and rising awareness of DNA testing technology and its application among forensic experts. Human identification is widely used in forensics, paternity testing, disaster victim identification, and anthropology, among other applications, with DNA analysis/profiling being a key tool in this sector. However, high cost of forensic tools and services may restrain the growth of human identification market during forecast period.