All updated as on -
By 2030, the market for biophotonics is anticipated to reach USD 149 billion, growing at a CAGR of 12% from 2022 to 2030. The rise in chronic diseases, the ageing population, the expansion of government initiatives, the expansion of healthcare reforms, and the incorporation of IT into healthcare applications have all contributed to the growth of the biophotonics industry.
Biophotonics is the development of optical technologies that allow light or photons to interact with various biological species, molecules, cells, and tissues. In dentistry, photomechanics is used to investigate the relationship between strain gradients and macroscopic mechanical stress. Spectroscopy makes it simpler to study how matter interacts with radiated energy. Last but not least, fibre optic sensors can be used to remotely sense chemical and physical qualities. Machine learning algorithms enable users to recognise both particles and more nuanced, complex signals. However, some of these images have very low contrast, a noisy background, and fuzzy edges, making it challenging to count the precise number of particles present in the image and necessitating manual counting. Despite the fact that researchers have been able to capture images with extremely high content that show the locations of numerous molecules of moving particles.
To eliminate these complexity, researchers have begun using machine learning techniques, which teach the computer to recognise and identify individual particles in the image. The extensive analysis and extraction of vital information that machine learning may be able to enable is hastening the adoption of biophotonics. The main forces behind market expansion include the development of novel photoacoustic tomography (PAT) devices, the increase in the senior population, the increased use of biophotonics in cell and tissue diagnostics, and the advent of nanotechnology in biophotonics.
Biology study now focuses on viruses and cellular building blocks like proteins and nucleic acids instead of cells. The emphasis is shifted from the micro- to the nanoscale for the examination of these components, which calls for instruments that operate at the same scale. Nanotechnology is consequently being applied more frequently to study and image biological processes and materials. Iron and gold nanoparticles are used in biomedical imaging.
Report Coverage
Global Biophotonics research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Biophotonics report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Biophotonics competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Biophotonics market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Biophotonics market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Biophotonics market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Thermo Fisher Scientific, NU Skin Enterprises, Becton, Dickinson and Company, Glenbrook Technologies, Hamamatsu Photonics KK, Olympus Corporation, Carl Zeiss AG, Oxford Instruments PLC, Zenalux Biomedical Inc., PerkinElmer
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Biophotonics market based on the below-mentioned segments:
Global Biophotonics market, By Application
Global Biophotonics Market, By End User
Global Biophotonics market, Regional Analysis
Biophotonics is the development of optical technologies that allow light or photons to interact with various biological species, molecules, cells, and tissues. In dentistry, photomechanics is used to investigate the relationship between strain gradients and macroscopic mechanical stress. Spectroscopy makes it simpler to study how matter interacts with radiated energy. Last but not least, fibre optic sensors can be used to remotely sense chemical and physical qualities. Machine learning algorithms enable users to recognise both particles and more nuanced, complex signals. However, some of these images have very low contrast, a noisy background, and fuzzy edges, making it challenging to count the precise number of particles present in the image and necessitating manual counting. Despite the fact that researchers have been able to capture images with extremely high content that show the locations of numerous molecules of moving particles.
To eliminate these complexity, researchers have begun using machine learning techniques, which teach the computer to recognise and identify individual particles in the image. The extensive analysis and extraction of vital information that machine learning may be able to enable is hastening the adoption of biophotonics. The main forces behind market expansion include the development of novel photoacoustic tomography (PAT) devices, the increase in the senior population, the increased use of biophotonics in cell and tissue diagnostics, and the advent of nanotechnology in biophotonics.
Biology study now focuses on viruses and cellular building blocks like proteins and nucleic acids instead of cells. The emphasis is shifted from the micro- to the nanoscale for the examination of these components, which calls for instruments that operate at the same scale. Nanotechnology is consequently being applied more frequently to study and image biological processes and materials. Iron and gold nanoparticles are used in biomedical imaging.
Report Coverage
Global Biophotonics research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Biophotonics report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Biophotonics competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Biophotonics market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2020 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2019 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Thermo Fisher Scientific, NU Skin Enterprises, Becton, Dickinson and Company, Glenbrook Technologies, Hamamatsu Photonics KK, Olympus Corporation, Carl Zeiss AG, Oxford Instruments PLC, Zenalux Biomedical Inc., PerkinElmer |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Biophotonics Market from 2021 to 2030.
- Market Forecast for Biophotonics Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Biophotonics competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Biophotonics
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Biophotonics market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Biophotonics market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Thermo Fisher Scientific, NU Skin Enterprises, Becton, Dickinson and Company, Glenbrook Technologies, Hamamatsu Photonics KK, Olympus Corporation, Carl Zeiss AG, Oxford Instruments PLC, Zenalux Biomedical Inc., PerkinElmer
Primary Target Market
- Market Players of Biophotonics
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Biophotonics market based on the below-mentioned segments:
Global Biophotonics market, By Application
- See-Through Imaging
- Inside Imaging
- Spectro Molecular
- Analytics Sensing
- Light Therapy
- Surface Imaging
- Biosensors
Global Biophotonics Market, By End User
- Tests and Components
- Medical Therapeutics
- Medical Diagnostics
- Non-medical Application
Global Biophotonics market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
You will get in-depth and extensive biophotonics market market research and competitor analysis for your business to help you develop more profound insights into the biophotonics market Market.
Through INFINITIVE Data Expert is a professional Market Research services, I will identify the biophotonics market market size, demand & opportunities, growth rate, and target audience with a comprehensive analysis of your competitors.