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Biophotonics Market Growth Factors, Consumption, Market Current Scenario and Forecast to 2023

Biophotonics market is growing significantly due to advancement in optical technology, high incidences of chronic diseases, and increasing dema
vijay mishra | 20.03.2018
Biophotonics refers to the development of optical techniques for studying, imaging and detecting, various biomolecules, cells and tissues. Biophotonics is the combination of photonics and biology. It utilizes photons (light) to study the inner working of biological materials, such as cells and tissues. Biophotonics has a range of applications ranging from medicine to food, and molecular biology to agriculture. The applications of biophotonics in medicine include detection, diagnosis and treatment of various diseases. In the food and agriculture industry, biophotonics is primarily used to detect pathogens; whereas in molecular biology, biophotonics is used to study and understand the functions and mechanisms of DNA, protein and other biomolecules.

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The global biophotonics market can be categorized on the basis of imaging type and applications. Based on imaging type, the global biophotonics market can be categorized as microscopy, spectro molecular market, inside imaging, see-through imaging, light therapy, biosensors, surface imaging and other analytics sensing. The see-through imaging leads the global biophotonics market, among all the imaging types; whereas, biosensors are expected to grow at the fastest rate in the coming years.

Asia-pacific is the fastest growing region in the global biophotonics market. The major reasons for the fastest growth of the Asia-Pacific biophotonics market are increasing research and development activities, growing usage of biophotonics techniques in food industry, and up surging healthcare expenditure. Moreover, the biophotonics market in the region is growing rapidly, due to high prevalence of chronic diseases, increasing geriatric population and improving healthcare infrastructure in the emerging economies, such as India and China.

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The major players operating in the global biophotonics market are Hamamatsu Photonics K.K., Becton Dickinson and Company, PerkinElmer Inc., Oxford Instruments PLC, OLYMPUS CORPORATION, Affymetrix Inc., and Carl Zeiss Stiftung.