- Surface imagining
- Inside Imagining
- See-through Imagining
- Microscopy
- Biosensors
- Medical Lasers
- Spectro Molecular
- Light Therapy
- Others
Biophotonics Market size was valued at USD 65,741.2 million in 2022 and it is expected to reach USD 85,251.23 in 2029 growing at an 11.8% CAGR from 2023 to 2029. The study of optical processes in the Psoriasis biologicals system is Biophotonics, it uses light and other radiant energy to understand the functions of the cell and other living organisms. Biophotonics is also used in pharmaceuticals and research to study the light-tissue mechanism and interactions at the micro, nano, and micro-organism level. It helps to study absorptions, emission, detection, and modification from biomolecular cells of organisms and microorganisms. An increase in the research & development activity and government support in technological advancement in healthcare sectors rise to increase in the demand for Biophotonics applications in the market are the major factor driving the market. The Biophotonics market is negatively impacted due to covid 19 in 2020 due to a lack of skilled professionals available to operate biphotonic technology is the major restraint for the Biophotonics market, increase in technology in healthcare may lead to creating new opportunities in the market. Key players are constantly engaged in R&D to boost the Biophotonics market. Geographically, North America held the major market share in 2022 and is expected to dominate the global embolization market in the forecasted years.
Recent Biophotonics Market Key Developments:
- In March 2021, Zeiss expanded its presence in North America by launching new research and development, production, sales, and customer service center in the United States with an investment of USD 180 million. The new site will incorporate the X-ray Microscopy business, along with the ZEISS Microscopy Customer Center, to provide support for opportunities in materials research, life sciences, and industrial applications.
Biophotonics Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
11.8%
Largest Market
North America
Fastest Growing Market
Asia Pacific
Biophotonics Market Dynamics
The increasing research on new mediations across the world is the major market driver in the Biophotonics Market during the forecast period. Rapid development in healthcare and medication advances in bio-optics and biophotonics and also used in many applications in various diseases and neurological disorders are the primary factor, increased optical penetration like endoscopy to visualize the internal systems and the increase in therapeutic interventions are the major key factor that drives the market of Biophotonics.
Asia-Pacific Got Significant Share
Biophotonics Market
Based on regions, the market share is segmented into North America, Asia-pacific, Europe, the Middle East, and the African region. The Biophotonics Market in the Asia Pacific is likely to hold a significant revenue share in 2022, and, in the following years, it is predicted to increase rapidly. It is attributed to the increasing number of bio-optics interventions and rapidly growing well-developed healthcare infrastructure. Technological advancements such as endoscopy also in cancer visualization in health care and well-established healthcare infrastructure. An increase in various applications of the bio-photonics market such as Surface imagining, Inside Imagining, See-through Imagining, Microscopy, Biosensors, Medical Lasers, Spectro Molecular, and Light Therapy in the North American region leads to holding the major market share in the global market and is expected to dominate the market in the upcoming years due to global key players in this region.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The biophotonics market report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Biophotonics Market Segmentation
By Application
By End User
- Medical Diagnostics
- Medical Therapeutic
- Tests & Components
- Non-medical Application
By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
LOCATION
Geography
Frequently Asked Questions
The biophotonics market size was valued at USD 65,741.2 million in 2022
The biophotonics market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
The biophotonics market key players are Stratasys Ltd, Autodesk Inc, Stratasys Ltd, CT CoreTechnologie Group, EnvisionTEC Inc, ExOne Corporation, Organovo Holdings Inc, 3D Systems Inc, Autodesk Inc, Hewlett Packard Corp, Materialise NV, Dassault Systèmes, ARC Centre of Excellence for Electromaterials Science (ACES), Norsk Titanium US Inc
| 1.Executive Summary |
| 2.Global Biophotonics Market Introduction |
| 2.1.Global Biophotonics Market - Taxonomy |
| 2.2.Global Biophotonics Market - Definitions |
| 2.2.1.Application |
| 2.2.2.End User |
| 2.2.3.Region |
| 3.Global Biophotonics Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Biophotonics Market Analysis, 2018 - 2022 and Forecast 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Biophotonics Market By Application, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 5.1. Surface imagining |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Inside Imagining |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. See-through Imagining |
| 5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Microscopy |
| 5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Biosensors |
| 5.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. Medical Lasers |
| 5.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 5.7. Spectro Molecular |
| 5.7.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.7.3. Market Opportunity Analysis |
| 5.8. Light Therapy |
| 5.8.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.8.3. Market Opportunity Analysis |
| 5.9. Others |
| 5.9.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.9.3. Market Opportunity Analysis |
| 6.Global Biophotonics Market By End User, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 6.1. Medical Diagnostics |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Medical Therapeutic |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Tests & Components |
| 6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Non-medical Application |
| 6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7.Global Biophotonics Market By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia Pacific (APAC) |
| 7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Middle East and Africa (MEA) |
| 7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Latin America |
| 7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.North America Biophotonics Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 8.1. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1.Surface imagining |
| 8.1.2.Inside Imagining |
| 8.1.3.See-through Imagining |
| 8.1.4.Microscopy |
| 8.1.5.Biosensors |
| 8.1.6.Medical Lasers |
| 8.1.7.Spectro Molecular |
| 8.1.8.Light Therapy |
| 8.1.9.Others |
| 8.2. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1.Medical Diagnostics |
| 8.2.2.Medical Therapeutic |
| 8.2.3.Tests & Components |
| 8.2.4.Non-medical Application |
| 8.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.3.1.United States of America (USA) |
| 8.3.2.Canada |
| 9.Europe Biophotonics Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 9.1. Application Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Surface imagining |
| 9.1.2.Inside Imagining |
| 9.1.3.See-through Imagining |
| 9.1.4.Microscopy |
| 9.1.5.Biosensors |
| 9.1.6.Medical Lasers |
| 9.1.7.Spectro Molecular |
| 9.1.8.Light Therapy |
| 9.1.9.Others |
| 9.2. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Medical Diagnostics |
| 9.2.2.Medical Therapeutic |
| 9.2.3.Tests & Components |
| 9.2.4.Non-medical Application |
| 9.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Germany |
| 9.3.2.France |
| 9.3.3.Italy |
| 9.3.4.United Kingdom (UK) |
| 9.3.5.Spain |
| 9.3.6.Rest of EU |
| 10.Asia Pacific (APAC) Biophotonics Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 10.1. Application Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Surface imagining |
| 10.1.2.Inside Imagining |
| 10.1.3.See-through Imagining |
| 10.1.4.Microscopy |
| 10.1.5.Biosensors |
| 10.1.6.Medical Lasers |
| 10.1.7.Spectro Molecular |
| 10.1.8.Light Therapy |
| 10.1.9.Others |
| 10.2. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Medical Diagnostics |
| 10.2.2.Medical Therapeutic |
| 10.2.3.Tests & Components |
| 10.2.4.Non-medical Application |
| 10.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.China |
| 10.3.2.India |
| 10.3.3.Australia and New Zealand (ANZ) |
| 10.3.4.Japan |
| 10.3.5.Rest of APAC |
| 11.Middle East and Africa (MEA) Biophotonics Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 11.1. Application Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Surface imagining |
| 11.1.2.Inside Imagining |
| 11.1.3.See-through Imagining |
| 11.1.4.Microscopy |
| 11.1.5.Biosensors |
| 11.1.6.Medical Lasers |
| 11.1.7.Spectro Molecular |
| 11.1.8.Light Therapy |
| 11.1.9.Others |
| 11.2. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Medical Diagnostics |
| 11.2.2.Medical Therapeutic |
| 11.2.3.Tests & Components |
| 11.2.4.Non-medical Application |
| 11.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.GCC Countries |
| 11.3.2.South Africa |
| 11.3.3.Rest of MEA |
| 12.Latin America Biophotonics Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 12.1. Application Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Surface imagining |
| 12.1.2.Inside Imagining |
| 12.1.3.See-through Imagining |
| 12.1.4.Microscopy |
| 12.1.5.Biosensors |
| 12.1.6.Medical Lasers |
| 12.1.7.Spectro Molecular |
| 12.1.8.Light Therapy |
| 12.1.9.Others |
| 12.2. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Medical Diagnostics |
| 12.2.2.Medical Therapeutic |
| 12.2.3.Tests & Components |
| 12.2.4.Non-medical Application |
| 12.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Brazil |
| 12.3.2.Mexico |
| 12.3.3.Rest of LA |
| 13. Competition Landscape |
| 13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 13.2.1.Thermo Fisher Scientific |
| 13.2.2.Becton, Dickinson, and Company |
| 13.2.3.Hamamatsu Photonics KK |
| 13.2.4.Olympus Corporation |
| 13.2.5.Carl Zeiss AG |
| 13.2.6.Oxford Technologies |
| 13.2.7.Lumenis Ltd |
| 13.2.8.Olympus Corporation |
| 13.2.9.PerkinElmer Inc |
| 13.2.10.Zenalux Biomedical Inc |
| 14. Research Methodology |
| 15. Appendix and Abbreviations |
- Thermo Fisher Scientific
- Becton, Dickinson, and Company
- Hamamatsu Photonics KK
- Olympus Corporation
- Carl Zeiss AG
- Oxford Technologies
- Lumenis Ltd
- Olympus Corporation
- PerkinElmer Inc
- Zenalux Biomedical Inc