The global Biophotonics market was valued at US$ 36560 million in 2022 and is projected to reach US$ 55850 million by 2029, at a CAGR of 6.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Biophotonics market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Biophotonics market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Biophotonics market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The term biophotonics denotes a combination of biology and photonics, with photonics being the science and technology of generation, manipulation, and detection of photons, quantum units of light. Photonics is related to electronics and photons. Photons play a central role in information technologies such as fiber optics the way electrons do in electronics. Biophotonics can also be described as the "development and application of optical techniques, particularly imaging, to the study of biological molecules, cells and tissue". One of the main benefits of using optical techniques which make up biophotonics is that they preserve the integrity of the biological cells being examined.
This report aims to provide a comprehensive presentation of the global market for Biophotonics, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Biophotonics. This report contains market size and forecasts of Biophotonics in global, including the following market information:
- Global Biophotonics Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global top five companies in 2022 (%)
The worldwide biophotonics market is expected to witness a significant growth in the future, due to the rising old age population, along with the increasing incidence of chronic diseases. The other factors include, increasing use of biophotonics in cell and tissue diagnostics, emergence of nanotechnology in biophotonics, and development of novel photoacoustic tomography (PAT) system. The Asia Pacific biophotonics market is expected to grow at a CAGR exceeding 13% over the next few years. Due to the augmented investment in R&D activities, coupled with the increasing prevalence of cancer, the market is expected to witness a substantial growth. The increasing healthcare expenditure and rising government initiatives are expected to fuel the demand for the regional market.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Biophotonics companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Biophotonics Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Biophotonics Market Segment Percentages, by Type, 2022 (%)
Global Biophotonics Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Biophotonics Market Segment Percentages, by Application, 2022 (%)
- See-Through Imaging
- Inside Imaging
- Spectromolecular
- Surface Imaging
- Microscopy
- Light Therapy
- Biosensors
Global Biophotonics Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Biophotonics Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Biophotonics revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Biophotonics revenues share in global market, 2022 (%)
key players include:
- Carl Zeiss
- Olympus
- Hamamatsu Photonics
- EndraLife Sciences
- HORIBA
- Newport
- PerkinElmer
- TILL Photonics
- Zecotek Photonics
Outline of Major Chapters:
Chapter 1: Introduces the definition of Biophotonics, market overview.
Chapter 2: Global Biophotonics market size in revenue.
Chapter 3: Detailed analysis of Biophotonics company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Biophotonics in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
