Global Expert Witness Services Market Growth (Status and Outlook) 2024-2030

Global Expert Witness Services Market Growth (Status and Outlook) 2024-2030

Product Code:942298

Published Date: Nov 29,2024

Pages: 171

Region: Global

Category: Service & Software

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The global Expert Witness Services market size is predicted to grow from US$ 697 million in 2024 to US$ 1025 million in 2030; it is expected to grow at a CAGR of 6.6% from 2024 to 2030.

Expert witnesses are key in the courtroom, as more complicated disputes need clear explanation to a jury. An expert witness can provide the court with a statement of opinion on any admissible matter calling for expertise by the witness if they are qualified to give such an opinion. Experienced professionals who can provide independent and objective testimony for even the most complex or challenging case.

With the development of the global economy and the continuous improvement of the legal system, various legal disputes are becoming increasingly complex, and the demand for professional expert witness services continues to increase. In the business field, there are complex cases involving intellectual property, financial securities, antitrust, etc.; in the medical field, disputes such as medical accidents and drug patents; in the environmental field, disputes such as environmental pollution and ecological damage all require expert witnesses in related fields to provide professional opinions and evidence to help the court hear cases more accurately.

The services cover multiple fields, including but not limited to medicine, law, engineering, accounting, environmental science, information technology, etc. Medical expert witnesses can provide opinions on the causal relationship of medical accidents, disability appraisal, etc.; legal experts can explain the interpretation of legal provisions, case analysis, etc.; engineering experts can give professional judgments on issues such as building quality and product design defects.

Changes in litigation trends, including emerging legal issues and regulatory changes, can drive demand for expert witnesses in specific areas. As legal cases become more intricate and technical, the need for experts who can provide specialized insights becomes more pronounced. Industries experiencing growth, such as technology and healthcare, may see increased demand for expert witnesses in related disputes.

LPI (LP Information)' newest research report, the “Expert Witness Services Industry Forecast” looks at past sales and reviews total world Expert Witness Services sales in 2023, providing a comprehensive analysis by region and market sector of projected Expert Witness Services sales for 2024 through 2030. With Expert Witness Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Expert Witness Services industry.

This Insight Report provides a comprehensive analysis of the global Expert Witness Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Expert Witness Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Expert Witness Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Expert Witness Services and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Expert Witness Services.

This report presents a comprehensive overview, market shares, and growth opportunities of Expert Witness Services market by product type, application, key players and key regions and countries.

Segmentation by Type:
    Consulting
    Research
    Witness

Segmentation by Application:
    Legal
    Financial
    Pharma & Healthcare
    Agriculture
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Intertek
    ForensisGroup
    Expert Witness
    Cahn Litigation
    Element
    LITLI Group
    Expert Institute
    Kroll
    DRI
    Thomas Neches
    Third Stage Consulting Group
    BIA Experts
    EcoResults
    HKA
    TASA
    iFranchise Group
    Andover
    Round Table Group
    Safinah Group
    Sandberg
    CONSOR IP
    London Economics
    EMG Solicitors
    Chemistry Matters
    Evidence Solutions
    DAC Consulting