Report ID :10078331 |
Published Date : 21 Oct 2022 |
Report Format : |
Delivery Timeline :48-72 Business Hours
Global Biophotonics Industry was valued at USD 40.2 Billion in the year 2017. Global Biophotonics Industry is further estimated to grow at a CAGR of 10% from 2019 to reach USD 84.48 Billion by the year 2025.
Major market players in Biophotonics Industry are Becton, Dickinson & Co., Olympus Corp., Affymetrix Inc., Andor Technology Ltd., Carl Zeiss AG, Hamamatsu Photonics K.K., Perkinelmer Inc., Zenalux Biomedical Inc., Thermo Fisher Scientific Inc., NU Skin Enterprises, and brief overview of 10 companies is also provided in the report. Better global reach at an operational level is the main reason the key players are holding substantial Industry share.
In the global biophotonics Industry by region, North America region holds the highest Industry
share in 2017 and Asia Pacific region is considered as the fastest growing Industry in the forecasted period due to growing awareness and rising old age population. At a country level, the U.S, Canada, China and Japan is projected to grow strongly in the coming years. The United States had the largest biophotonics Industry in 2017. Also, the emergence of nanotechnology has driven the biophotonics Industry in the United States and is expected to grow in the near future.
SWOT Analysis of Biophotonics Industry:
Strength:
Growing old age population
Increasing Use of Biophotonics in Cell and Tissue Diagnostics
Weakness:
The high cost of technology
Lack of Awareness of Biophotonics Technology and Skilled Personnel
Opportunities:
Technological development
Opportunity in developing Industry
Threats:
Government Regulations and Long Certification & Approval Cycles
The segmentation is done on the basis of product Type and by region. On the basis of product types the global Biophotonics Industry is sub-segmented into Imaging, Inside Imaging, See-through Imaging, Microscopy, Biosensors, Medical Lasers, Spectromolecular and Others of which the largest Industry segment for biophotonics Industry, by application is see-through imaging, however the fastest growing segment is surface imaging and is growing with highest CAGR during the forecast period.
Biophotonics Industry Segmentation:
By Technology
• Surface Imaging
• Inside Imaging
• See-through Imaging
• Microscopy
• Biosensors
• Medical Lasers
• Spectromolecular
• Others
By Region
• North America
o USA
o Canada
• Europe
o Germany
o U.K.
o France
o Italy
o Rest of Europe
• APAC
o China
o India
o Japan
o Rest of Asia-Pacific
• RoW
o Latin America
o Middle East & Africa
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