Forensic analysis covers the detection, collection, and processing of various samples and related evidence as a part of criminal or judicial investigation. The current market study covers equipment and related consumable & accessories used by target end users for forensic analysis. Some of the key application areas in the field of forensics include trace evidence analysis, fingerprinting & DNA identification, paternity/maternity tests, evaluation of body fluids, and toxicology/drug analysis. ______________ 1. Micromarkets are defined as the further segments and subsegments of the global forensic equipment and supplies market included in the report. 2. Core competencies of the companies are captured on the basis of their key developments and key strategies adopted to sustain their market positions in the global forensic equipment and supplies industry.
Visionary leaders are the leading market players in terms of new developments such as product launches, innovative technologies, and the adoption of growth strategies. These players have a broad product offering that caters to most of the regions globally. Visionary leaders primarily focus on acquiring the leading market position through their strong financial capabilities and their well-established brand equity.
Dynamic Differentiators are established players with very strong business strategies. However, they have a weaker product portfolio compared to the visionary leaders. They generally focus only on a specific type of technology related to the product.
Innovators in the competitive leadership mapping are vendors that have demonstrated substantial product innovations as compared to their competitors. The companies have focused on product portfolios. However, they do not have very strong growth strategies for their overall business, when compared with the visionary leaders.
Emerging companies have niche product and service offerings. Their business strategies are not as strong as that of the established vendors. The emerging vendors include the new entrants in the market, emerging in terms of product portfolio and geographic reach, and require time to gain significant traction in the market.