Biophotonics Market Size, Share & Trends Analysis Report By Technology (In-Vitro, In-Vivo), By Application, By End Use, By Region, And Segment Forecasts, 2024

Description

Biophotonics Market Growth & Trends:

The global biophotonics market size is expected to reach USD 134.83 billion by 2030, registering a CAGR of 10.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. The developments in optical technologies, increasing investigations by researchers, and mounting demand for early diagnosis are anticipated to drive the market growth over the forecast period. Biophotonics, being an evolving area of scientific research, has several applications due to its ability to harnesses light for comprehending the functioning of cells and tissue in living organisms. This further aids in better diagnosis of health problems.

The biophotonics market is projected to witness high growth during the forecast period, owing to its application in optical techniques while simultaneously preserving the integrity of the biological cells under surveillance. New laser microscopes are being developed which permit measurements of distinct molecules and tissues at exceptional resolutions.

Biophotonics also finds applications in numerous procedures including new laser microscopes, which allow exceptional specifications of molecules & single tissues, optical coherence tomography that assists in the minute imaging of biomaterials, and novel light-activated chemicals utilized for welding tissues through surgical procedures.

Considering the enormous application areas, it is becoming perplexing for the key market players to commercialize this technology. However, the market is confronted with a slow commercialization rate due to the low acceptance from end-users, price sensitivity, and concerns pertaining to the authenticity, quality, and reliability of the products.

Biophotonics Market Report Highlights:

In-vitro accounted for the largest market revenue share in 2023 and is expected to maintain its lead throughout the forecast period.
Analytics sensing accounted for the largest market revenue share in 2023. The increasing demand for point-of-care testing (POCT) and portable diagnostic devices is fueling the growth of the analytics sensing segment.
The medical diagnostic segment accounted for the largest market revenue share of 65.5% in 2023, owing to its adoption by several end-users, which include healthcare providers, instrument manufacturers, medical institutes, and research laboratories.
North America biophotonics market accounted for the largest market revenue share of 37.3% in 2023, owing to the surging R&D initiatives, increasing investments in the healthcare industry, and accessibility to excellent infrastructure.

Product Code: 978-1-68038-871-8

Chapter 1. Methodology and Scope

1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

Chapter 3. Biophotonics Market Variables, Trends, & Scope

3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million)
3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
3.4. Biophotonics Market Analysis Tools
- 3.4.1. Porter's Analysis
  - 3.4.1.1. Bargaining power of the suppliers
  - 3.4.1.2. Bargaining power of the buyers
  - 3.4.1.3. Threats of substitution
  - 3.4.1.4. Threats from new entrants
  - 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
  - 3.4.2.1. Political landscape
  - 3.4.2.2. Economic and Social landscape
  - 3.4.2.3. Technological landscape
  - 3.4.2.4. Environmental landscape
  - 3.4.2.5. Legal landscape

Chapter 4. Biophotonics Market: Technology Estimates & Trend Analysis

4.1. Segment Dashboard
4.2. Biophotonics Market: Technology Movement Analysis, 2023 & 2030 (USD Million)
4.3. In-Vitro
- 4.3.1. In-Vitro Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4. In-Vivo
- 4.4.1. In-Vivo Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 5. Biophotonics Market: Application Estimates & Trend Analysis

5.1. Segment Dashboard
5.2. Biophotonics Market: Application Movement Analysis, 2023 & 2030 (USD Million)
5.3. See-Through Imaging
- 5.3.1. See-Through Imaging Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Microscopy
- 5.4.1. Microscopy Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.5. Inside Imaging
- 5.5.1. Inside Imaging Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.6. Spectro Molecular
- 5.6.1. Spectro Molecular Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.7. Analytics Sensing
- 5.7.1. Analytics Sensing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.8. Light Therapy
- 5.8.1. Light Therapy Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.9. Surface Imaging
- 5.9.1. Surface Imaging Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.10. Biosensors
- 5.10.1. Biosensors Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 6. Biophotonics Market: End Use Estimates & Trend Analysis

6.1. Segment Dashboard
6.2. Biophotonics Market: End Use Movement Analysis, 2023 & 2030 (USD Million)
6.3. Teste and Components
- 6.3.1. Taste and Components Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. Medical Therapeutics
- 6.4.1. Medical Therapeutics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5. Medical Diagnostic
- 6.5.1. Medical Diagnostic Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6. Non-Medical Application
- 6.6.1. Non-Medical Application Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 7. Biophotonics Market: Regional Estimates & Trend Analysis

7.1. Biophotonics Market Share, By Region, 2023 & 2030, USD Million
7.2. North America
- 7.2.1. North America Biophotonics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.2. U.S.
  - 7.2.2.1. U.S. Biophotonics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.3. Canada
  - 7.2.3.1. Canada Biophotonics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.4. Mexico
  - 7.2.4.1. Mexico Biophotonics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.3. Europe
- 7.3.1. Europe Biophotonics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.2. U.K.
  - 7.3.2.1. U.K. Biophotonics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.3. Germany
  - 7.3.3.1. Germany Biophotonics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.4. France
  - 7.3.4.1. France Biophotonics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4. Asia Pacific
- 7.4.1. Asia Pacific Biophotonics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.2. China
  - 7.4.2.1. China Biophotonics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.3. Japan
  - 7.4.3.1. Japan Biophotonics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.4. India
  - 7.4.4.1. India Biophotonics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.5. South Korea
  - 7.4.5.1. South Korea Biophotonics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.6. Australia
  - 7.4.6.1. Australia Biophotonics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.5. Latin America
- 7.5.1. Latin America Biophotonics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.2. Brazil
  - 7.5.2.1. Brazil Biophotonics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.6. Middle East and Africa
- 7.6.1. Middle East and Africa Biophotonics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.2. Saudi Arabia
  - 7.6.2.1. Saudi Arabia Biophotonics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.3. UAE
  - 7.6.3.1. UAE Biophotonics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.4. South Africa
  - 7.6.4.1. South Africa Biophotonics Market Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 8. Competitive Landscape

8.1. Recent Developments & Impact Analysis by Key Market Participants
8.2. Company Categorization
8.3. Company Heat Map Analysis
8.4. Company Profiles
- 8.4.1. Affymetrix Inc. (Thermo Fisher Scientific Inc.)
  - 8.4.1.1. Participant's Overview
  - 8.4.1.2. Financial Performance
  - 8.4.1.3. Product Benchmarking
  - 8.4.1.4. Recent Developments/ Strategic Initiatives
- 8.4.2. BD (Becton, Dickinson and Company)
  - 8.4.2.1. Participant's Overview
  - 8.4.2.2. Financial Performance
  - 8.4.2.3. Product Benchmarking
  - 8.4.2.4. Recent Developments/ Strategic Initiatives
- 8.4.3. ZEISS Group
  - 8.4.3.1. Participant's Overview
  - 8.4.3.2. Financial Performance
  - 8.4.3.3. Product Benchmarking
  - 8.4.3.4. Recent Developments/ Strategic Initiatives
- 8.4.4. Olympus Corporation
  - 8.4.4.1. Participant's Overview
  - 8.4.4.2. Financial Performance
  - 8.4.4.3. Product Benchmarking
  - 8.4.4.4. Recent Developments/ Strategic Initiatives
- 8.4.5. Hamamatsu Photonics K.K
  - 8.4.5.1. Participant's Overview
  - 8.4.5.2. Financial Performance
  - 8.4.5.3. Product Benchmarking
  - 8.4.5.4. Recent Developments/ Strategic Initiatives
- 8.4.6. Zecotek Photonics Inc.
  - 8.4.6.1. Participant's Overview
  - 8.4.6.2. Financial Performance
  - 8.4.6.3. Product Benchmarking
  - 8.4.6.4. Recent Developments/ Strategic Initiatives
- 8.4.7. IDEX
  - 8.4.7.1. Participant's Overview
  - 8.4.7.2. Financial Performance
  - 8.4.7.3. Product Benchmarking
  - 8.4.7.4. Recent Developments/ Strategic Initiatives
- 8.4.8. IPG Photonics Corporation
  - 8.4.8.1. Participant's Overview
  - 8.4.8.2. Financial Performance
  - 8.4.8.3. Product Benchmarking
  - 8.4.8.4. Recent Developments/ Strategic Initiatives
- 8.4.9. TOSHIBA CORPORATION
  - 8.4.9.1. Participant's Overview
  - 8.4.9.2. Financial Performance
  - 8.4.9.3. Product Benchmarking
  - 8.4.9.4. Recent Developments/ Strategic Initiatives
- 8.4.10. Oxford Instruments
  - 8.4.10.1. Participant's Overview
  - 8.4.10.2. Financial Performance
  - 8.4.10.3. Product Benchmarking
  - 8.4.10.4. Recent Developments/ Strategic Initiatives
- 8.4.11. PerkinElmer Inc.
  - 8.4.11.1. Participant's Overview
  - 8.4.11.2. Financial Performance
  - 8.4.11.3. Product Benchmarking
  - 8.4.11.4. Recent Developments/ Strategic Initiatives

Biophotonics Market Size, Share & Trends Analysis Report By Technology (In-Vitro, In-Vivo), By Application, By End Use, By Region, And Segment Forecasts, 2024 - 2030