This site uses cookies, including third-party cookies, that help us to provide and improve our services.

Privacy Policy
- Global Locations -
Headquarters
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, United States
T: +1-845-579-5705
MEA
Market Access DMCC
1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Americas
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
Europe
Future Market Insights
3rd Floor, 207 Regent Street,
London W1B 3HH
United Kingdom
T: + 44 (0) 20 8123 9659
D: +44 (0) 20 3287 4268
APAC
Future Market Insights
Office No. 401-A, 4th Floor,
VANTAGE 9, S.No. 36/1/1,
Baner, Pune 411045 India

Biophotonics Market

Market Insights on Biophotonics covering sales outlook, demand forecast & up-to-date key trends

Biophotonics Market By Application (See-through Imaging, Inside Imaging, Spectromolecular, Surface Imaging, Microscopy, Light Therapy, Biosensors), Technology (In-vivo, In-vitro), End-use (Diagnostics, Therapeutic, Tests), & Region - Forecast 2021 - 2031.

Biophotonics Market Overview

[77 Pages Report]  The Biophotonics Market is expected to register a CAGR of over 11.3% between 2021 and 2031.The market for biophotonics witnessed a massive slowdown in its progress as a result of the spread of the Covid-19 pandemic across the globe. The level of demand declined to the extreme level due to lockdown creating hurdles for the key players operating in this market.

However as recovery commences in 2021, major players are recuperating their positions through production expansion, capacity utilization, and online selling in 2021 keeping in view the covid-19 norms.

Recognized companies such as Becton Dickinson & Co., Affymetrix Inc., Olympus America, Andor Technology, Hamamatsu Technologies, Carl Zeiss, and others are focusing on the incorporation of tactics including partnership agreements, sales contracts, strategic alliances, diversifications, innovative launches, mergers & acquisitions, research and developments, technological upliftments, product line extensions, hiring technical expertise, joint ventures, collaborations,  product approvals, etc for gaining a competitive edge over others in the market.

For instance, on May 12, 2021, Olympus America announced the launch of the FDA 510(k)-cleared BF-UC190F endobronchial ultrasound (EBUS) bronchoscope, the newest addition to its EBUS portfolio of devices for lung cancer diagnosis and staging via needle biopsy. 

This next-generation EBUS bronchoscope will further enhance the ability of physicians to conduct biopsy mediastinal and hilar lymph nodes through a minimally invasive procedure. The company is developing leading-edge technology that helps physicians diagnose disease earlier and more accurately. 

In addition to this, on April 30, 2021, Olympus introduced the a line of five premium endoscopes for use in advanced diagnostic and therapeutic procedures. Olympus collaborated with Veran Medical Technologies, Inc., and Hunan Vathin Medical Instrument Co., Ltd.  The introduction of the H-SteriScope portfolio is a result of the collaboration. 

In terms of growth, the North American region is projected the dominate market during the forecast period owing to the government’s initiatives to develop the industry. In addition to this, the emergence of nanotechnology has driven the biophotonics market in the region. Asia Pacific region is expected to be lucrative owing to the emergence of new players. Other regions are expected to witness decent growth levels in the biophotonics market through 2030.

Customize this Report

Let us know your requirement to get
100% FREE customization

Biophotonics Market: Key Market Dynamics

This Future Market Insights report examines the Biophotonics market for the period 2021 to 2031. The primary objective of the report is to offer updates on the advancements in healthcare that have given rise to a futuristic technology: biophotonics, which is significantly transforming the global healthcare market. 

Biophotonics is an emerging area of scientific research that harnesses light to understand the working of cells and tissue in living organisms to aid better diagnosis of health problems. Biophotonics will cater to the demands of multiple industry verticals such as biotechnology, diagnostics, therapeutics, and agriculture to name a few.

Biophotonics uses optical techniques while preserving the integrity of the biological cells under observation. The interactions such as emission, detection, absorption, reflection, modification, creation, radiation take place between the biological cell or molecule and light. 

Environmental monitoring, food analysis, Raman spectroscopy, endoscopy, dosimetry, and dentistry are some other key areas where the impact of biophotonics will be seen. The biophotonics market report starts with an overview; to sum it up, biophotonics is using light to cure diseases.

Biophotonics Market Download Report Brochure

Biophotonics Market: Segment-wise Analysis

Biophotonics is categorically split into three components: biophotonics end uses, biophotonics applications, and biophotonics region-wise analysis. 

In the next section, FMI covers the biophotonics market performance in terms of revenue split.

This section additionally includes FMI’s analyses of the key trends, drivers, and restraints from the supply, demand, and economy side, which are influencing the biophotonics market.

Impact analysis of key growth drivers and restraints, based on the weighted average model is included in the biophotonics report to better equip and arm clients with crystal clear decision-making insights.

The primary focus of the following section is to analyze the biophotonics market by adoption among verticals; the primary verticals covered under the scope of the report are biophotonics end-use sectors, applications, and regional analysis.

A detailed analysis has been provided for every vertical and sub-vertical in terms of market size.

The report study further has split the above segments. The end use sectors are segmented as medical diagnostics, medical therapeutics, test components and non-medical end uses. The application segment is segmented into see-through imaging, spectro molecular, light therapy, biosensors, microscopy and surface imaging.

The regional section is sub segmented into North America, Europe Middle East & Africa, Asia Pacific and Latin America for the report.

The next section of the report highlights the parent market of biophotonics – healthcare sector. It provides a global snapshot of the per capita healthcare expenditure and compares it with GDP of the respective countries.

Here healthcare services market and healthcare market segments are very crucial and have been studied for providing better understanding of biophotonics market. The importance of biophotonics in detection of cancer and diabetes using various techniques and equipment is demonstrated.

Further an overview of biophotonics market has been provided. 

This section discusses the key trends contributing to growth of the biophotonics market on a worldwide basis, as well as analyses the degree at which global economic, demand and supply side drivers are influencing this market in each region. The study also covers the demand and supply restraints with key trends.

All the above sections, by application, by region or by end-use sectors, evaluate the present scenario and the growth prospects of the biophotonics market for the period 2021-2031. We have considered 2020 as the base year and provide data for the trailing 12 months. 

To calculate the biophotonics market size, we have considered revenue generated from each regions of North America, Europe Middle East & Africa, Asia Pacific and Latin America. The forecast presented here assesses the total revenue by value across the biophotonics market.

In order to offer an accurate forecast, we started by sizing the current market, which forms the basis of how the biophotonics market will develop in the future. However, forecasting the market in terms of various applications, end uses and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalising them after the forecast has been completed.

In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities across the biophotonics market.

As previously highlighted, the biophotonics market is split into a number of sub categories. All the biophotonics sub-categories in terms of end uses, region and applications are analysed in terms of Basis Point Share to understand individual segments’ relative contributions to market growth.

This detailed level of information is important for the identification of various key trends of the biophotonics market.

Also, another key feature of this report is the analysis of all key biophotonics segments, sub-segments, regional adoption and verticals revenue forecast in terms of absolute dollar. This is traditionally overlooked while forecasting the market.

However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the biophotonics market.

In the final section of the report, biophotonics competitive landscape is included to provide report audiences with a dashboard view, based on categories of provider in the value chain, presence in biophotonics portfolio and key differentiators.

This section is primarily designed to provide clients with an objective & detailed comparative assessment of key providers specific to a market segment in the biophotonics value chain.

Detailed profiles of the providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the biophotonics. Key competitors covered are Becton Dickinson Co., Affymetrix Inc., Carl Zeiss, Olympus America, Andor Technology and Hamamatsu Photonics. 

Nikhil Kaitwade
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

In this study, we analyze the Global Biophotonics Market during 2021-2031. We focus on:

  • Market size and forecast
  • Key drivers and developments in biophotonics
  • Key Trends and Developments of biophotonic products in applications such as see through imaging, inside imaging, spectro molecular, light therapy and others
  • Key Drivers and developments in particular regions such as North America, Europe, Asia-Pacific Middle East and Africa (MEA) and Latin America
  • Government policies and initiatives for biophotonics market in all four regions

Biophotonics Market Segments

By Application:

  • See-Through Imaging
  • Microscopy
  • Inside Imaging
  • Spectro Molecular
  • Analytics Sensing
  • Light Therapy
  • Surface Imaging
  • Biosensors

By Application:

  • See-Through Imaging
  • Microscopy
  • Inside Imaging
  • Spectro Molecular
  • Analytics Sensing
  • Light Therapy
  • Surface Imaging
  • Biosensors

By End User:

  • Tests And Components
  • Medical Therapeutics
  • Medical Diagnostics
  • Non-Medical Application
  • Tests And Components
  • Medical Therapeutics
  • Medical Diagnostics
  • Non-Medical Application

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East and Africa (MEA)
Become a MarketNgage Insider

An unified Market Research Subscription Platform, built for today’s disparate research needs.

Frequently Asked Questions

Demand for biophotonics is likely to grow at a CAGR of 11.3% through 2032.

Sales of biophotonics is likely to exceed a valuation of US$ 171 Billion by 2032.

Adoption of biophotonics is likely to reach a valuation of US$ 58.64 Billion in 2022.

North America is the key biophotonics market contributor.

Table of Content

1. Executive Summary

2. Research Methodology & Scope

3. Assumptions & Acronyms Used

4. Market Overview

    4.1. Introduction

    4.2. Market Segmentation

    4.3. Parent Market Indicators

        4.3.1. Healthcare Market Segments

        4.3.2. Healthcare Services Market

        4.3.3. Diseases & Disorder Prevalence

        4.3.4. Healthcare Sector Technology Advancements

        4.3.5. Healthcare Sector Driving Factors

    4.4. Global Biophotonics market Analysis

        4.4.1. Market Size & Forecast (Value), 2015-2031

        4.4.2. Y-o-Y Growth

    4.5. Market Dynamics

        4.5.1. Economic Drivers & Relative Impact

        4.5.2. Demand Drivers & Relative Impact

        4.5.3. Supply Drivers & Relative Impact

        4.5.4. Market Trends & Recent Advancements

5. Global Biophotonics Market, By Application, 2015-2031

    5.1. Introduction

    5.2. Market Size & Forecast - Value

    5.3. Y-o-Y Growth Comparison

    5.4. Market Proportion & BPS Analysis

    5.5. Market Performance Index

    5.6. See Through Imaging Market Analysis

        5.6.1. Market Size & Forecast - Value

        5.6.2. Y-o-Y Growth Rate Analysis

        5.6.3. Absolute Dollar Opportunity

    5.7. Inside Imaging Market Analysis

        5.7.1. Market Size & Forecast - Value

        5.7.2. Y-o-Y Growth Rate Analysis

        5.7.3. Absolute Dollar Opportunity

    5.8. Spectromolecular Market Analysis

        5.8.1. Market Size & Forecast - Value

        5.8.2. Y-o-Y Growth

        5.8.3. Absolute Dollar Opportunity

    5.9. Surface imaging Market Analysis

        5.9.1. Market Size & Forecast - Value

        5.9.2. Y-o-Y Growth Rate Analysis

        5.9.3. Absolute Dollar Opportunity

    5.10. Microscopy Market Analysis

        5.10.1. Market Size & Forecast - Value

        5.10.2. Y-o-Y Growth

        5.10.3. Absolute Dollar Opportunity

    5.11. Light Therapy Market Analysis

        5.11.1. Market Size & Forecast - Value

        5.11.2. Y-o-Y Growth

        5.11.3. Absolute Dollar Opportunity

    5.12. Biosensors Market Analysis

        5.12.1. Market Size & Forecast - Value

        5.12.2. Y-o-Y Growth

        5.12.3. Absolute Dollar Opportunity

    5.13. Other Analytical Sensing Market Analysis

        5.13.1. Market Size & Forecast - Value

        5.13.2. Y-o-Y Growth

        5.13.3. Absolute Dollar Opportunity

6. Global Biophotonics Market, By End Use Sector, 2015 - 2031

    6.1. Introduction

    6.2. Market Size & Forecast - Value

    6.3. Y-o-Y Growth

    6.4. Market Proportion (BPS Analysis)

    6.5. Market Performance Index

    6.6. Medical Diagnostics Market Analysis

        6.6.1. Market Size & Forecast - Value

        6.6.2. Y-o-Y Growth Rate Analysis

        6.6.3. Absolute Dollar Opportunity

    6.7. Medical Therapeutics Market Analysis

        6.7.1. Market Size & Forecast - Value

        6.7.2. Y-o-Y Growth

        6.7.3. Absolute Dollar Opportunity

    6.8. Test Components Market Analysis

        6.8.1. Market Size & Forecast - Value

        6.8.2. Y-o-Y Growth

        6.8.3. Absolute Dollar Opportunity

    6.9. Non-Medical Diagnostics Market Analysis

        6.9.1. Market Size & Forecast - Value

        6.9.2. Y-o-Y Growth Rate Analysis

        6.9.3. Absolute Dollar Opportunity

7. Global Biophotonics Market, By Region

    7.1. Introduction

    7.2. Market Size & Forecast - Value

    7.3. Market Proportion & BPS Analysis

    7.4. North America Biophotonics Market Analysis, 2015-2031

        7.4.1. Market Size & Forecast – Value

        7.4.2. Y-o-Y Growth

        7.4.3. Healthcare & Diagnostics Market

    7.5. EMEA Biophotonics Market Analysis, 2015-2031

        7.5.1. Market Size & Forecast – Value

        7.5.2. Y-o-Y Growth

        7.5.3. Healthcare & Diagnostics Market

    7.6. Asia-Pacific Biophotonics Market Analysis, 2015-2031

        7.6.1. Market Size & Forecast – Value

        7.6.2. Y-o-Y Growth

        7.6.3. Healthcare & Diagnostics Market

    7.7. Latin America Biophotonics Market Analysis, 2015-2031

        7.7.1. Market Size & Forecast – Value

        7.7.2. Y-o-Y Growth

        7.7.3. Healthcare & Diagnostics Market

8. Global Biophotonics Market – Competition Landscape

    8.1. Company Profiles

        8.1.1. Becton, Dickinson & Co

        8.1.2. Affymetrix Inc

        8.1.3. Carl Zeiss

        8.1.4. Olympus America

        8.1.5. Andor Technology

        8.1.6. Hamamatsu Photonics

9. FMI Recommendations

10. Disclaimers : Future Market Insights strives to meet the best possible standards in terms of thoroughness and accuracy of all our research; to achieve that we continuously update market numbers, forecast etc; some of our published data in upcoming/ published research reports might slightly vary from actual highlighted data because of certain changes in market dynamics over time

Customize this Report

Let us know your requirement to get
100% FREE customization

List of Tables

Table 1: Global Biophotonics market, by Application, 2015-2031($ Bn.)

Table 2: Global Biophotonics market,by End Use, 2015-2031($ Bn.)

Nikhil Kaitwade
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

List of Charts

igure 1: Per Capita Healthcare Expenditure, by Selected Countries, 2015

Figure 2: Selected Economy Healthcare Expenditure Share of GDP, 2015

Figure 3: Cancer Prevalence by Country, 2015

Figure 4: Global Biophotonics Market Value Forecast ($ Bn.) and Y-o-Y Growth (%), 2015-2031

Figure 5: Global Biophotonics Market Y-o-Y Growth Comparison, By Application, 2015-2031

Figure 6: Global Biophotonics Market Share, By Application, 2015 & 2031 (%)

Figure 7: Global Biophotonics Market Performance Index, 2015-2031

Figure 8: Global SeeThrough Imaging Market Value Forecast ($ Bn.) and Y-o-Y Growth (%), 2015-2031

Figure 9: Global See Through Imaging Market Absolute $ Opportunity, 2015-2031 ($ Bn.)

Figure 10: Global Inside Imaging Market Value Forecast($ Bn.) and Y-o-Y Growth (%), 2015-2031

Figure 11: Global Inside Imaging Market Absolute $ Opportunity, 2015-2031 ($ Bn.)

Figure 12: Global Spectromolecular Market Value Forecast ($ Bn.) and Y-o-Y Growth (%), 2015-2031

Figure 13: Global Spectromolecular Market Absolute $ Opportunity, 2015-2031 ($ Bn.)

Figure 14: Global Surface Imaging Market Value Forecast($ Bn.) and Y-o-Y Growth (%), 2015-2031

Figure 15: Global Surface Imaging Market Absolute $ Opportunity, 2015-2031 ($ Bn.)

Figure 16: Global Microscopy Market Value Forecast($ Bn.) and Y-o-Y Growth (%), 2015-2031

Figure 17: Global Microscopy Market Absolute $ Opportunity, 2015-2031 ($ Bn.)

Figure 18: Global Light Therapy Market Value Forecast($ Bn.) and Y-o-Y Growth (%), 2015-2031

Figure 19: Global Light Therapy Market Absolute $ Opportunity, 2015-2031 ($ Bn.)

Figure 20: Global Biosensors Market Value Forecast($ Bn.) and Y-o-Y Growth (%), 2015-2031

Figure 21: Global Biosensors Market Absolute $ Opportunity, 2015-2031 ($ Bn.)

Figure 22: Global Other Analytic Sensing Market Value Forecast($ Bn.) and Y-o-Y Growth (%), 2015-2031

Figure 23: Global Other Analytic Sensing Market Absolute $ Opportunity, 2015-2031 ($ Bn.)

Figure 24: Global Biphotonics Market Value forecast, by End Use, 2015 - 2031 ($ Bn.)

Figure 25: Global Biophotonics Market Volume, Y-o-Y Growth, by End use, 2015 – 2031 (%)

Figure 26: Global Biophotonics Market Value Share, By End Use, 2015 & 2031 (%)

Figure 27: Global Country wise % of Diabetes mortality cases among the diabetic population in the country, 2013 (%)

Figure 28: Global Cancer treatments and deaths, 2015 (%)

Figure 29: Global Cancer Diagnostic Market, 2015 & 2031, ($ Mn.)

Figure 30: Global Cancer Cases Growth, 2015-2031 (Mn.)

Figure 31: Global Medical diagnostic Market Value Forecast($ Bn.) and Y-o-Y Growth (%), 2015-2031

Figure 32: Global Medical diagnostic Market Absolute $ Opportunity, 2015-2031 ($ Bn.)

Figure 33: Global Medical therapeutics Market Value Forecast($ Bn.) and Y-o-Y Growth (%), 2015-2031

Figure 34: Global Medical therapeutics Market Absolute $ Opportunity, 2015-2031 ($ Bn.)

Figure 35: Global Test Components Market Value Forecast($ Bn.) and Y-o-Y Growth (%), 2015-2031

Figure 36: Global Test Components Market Absolute $ Opportunity, 2015-2031 ($ Bn.)

Figure 37: Global Non-Medical Market Value Forecast($ Bn.) and Y-o-Y Growth (%), 2015-2031

Figure 38: Global Non-Medical Market Absolute $ Opportunity, 2015-2031 ($ Bn.)

Figure 39: Global Biophotonics Market Performance Index, 2015-2031

Figure 40: Global Biophotonics Market Volume Share By Region, 2015-2031

Figure 41: North America Biophotonics Market Value Forecast($ Bn.) and Y-o-Y Growth (%), 2015-2031

Figure 42: North America Absolute $ Opportunity, 2015-2031 ($ Bn.)

Figure 43: EMEA Biophotonics Market Value Forecast($ Bn.) and Y-o-Y Growth (%), 2015-2031

Figure 44: EMEA Absolute $ Opportunity, 2015-2031 ($ Bn.)

Figure 45: APAC Biophotonics Market Value Forecast($ Bn.) and Y-o-Y Growth (%), 2015-2031

Figure 46: APAC Absolute $ Opportunity, 2015-2031 ($ Bn.)

Figure 47: Latin America Biophotonics Market Value Forecast($ Bn.) and Y-o-Y Growth (%), 2015-2031

Figure 48: Latin America Absolute $ Opportunity, 2015-2031 ($ Bn.)

Need specific information?

Request Customization

Explore Chemicals & Materials Insights

View Reports
Google translate