Transparency Market Research Biophotonics Market: Non-Medical Applications to Propel Demand at 10.4% CAGR during 2014-2020 Single User License: USD 4315.5 Flat 10% Discount!! Free Customization as per your requirement You will get Custom Report at Syndicated Report price Report will be delivered with in 15-20 working days Request Sample Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] Request Brochure REPORT DESCRIPTION Biophotonics refers to the development as well as application of numerous optical techniques used to study cells, molecules, and tissue. Biophotonics is essentially a combination of biology and photonics, the latter being the study and technology of using light to transmit information. Full Information Regarding the Market of Biophotonics is Available @ http://www.transparencymarketresearch.com/biophotonics-market.html The biophotonics market has grown over the years owing to rising applications in the fields of medicine, life science, environmental science, and agriculture. The rate of investments and research in this field has been remarkable and for this very reason, North America is by far the largest market for biophotonics in the world. There has been a rise in healthcare expenditure in regions such as Asia Pacific and this has also fueled the growth of the biophotonics market. Advances in optical technologies in telecom and aerospace industries coupled with availability of government and private funds for research and development will help the market grow in the coming years. However, high price of biophotonics-based instruments and complexity of biophotonics technology is expected to negatively impact the overall market. Increasing demand for biophotonics in non-medical applications will open new avenues for the global biophotonics market during the forecast horizon.Medical diagnostics, medical therapeutics, tests and components, and non-medical applications are the major end-use segments of the global biophotonics market. In 2013, medical diagnostics was the dominant segment of the market. However, during the period between 2014 and 2020, implementation of biophotonics in non-medical applications such as prevention of unauthorized critical data access and pathogen detection in agricultural food products is expected to gain a majority share in the market. The significant advantage of biophotonics is that it safeguards the cells for a particular period after they are examined. Additionally, advances in optical innovations in aviation and telecom industry and availability of funds for development and research are likewise driving the development for biophotonics market. Furthermore, the demand for minimum invasive surgeries and the growing awareness about food security are predicted to drive biophotonics market over the forecasting horizon. The expanding interest for non medicinal applications including demand for prohibition of unauthorized access and for pathogen identifications in agricultural food items are some of the factors, which will drive the market in the near future. Request for the Sample Research Report @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1467 The biophotonics market, based on geography, is segmented into North America, Europe, Asia-Pacific, and Rest of the world (RoW). North America represented the biggest market share in the year 2013, which is anticipated to pool overwhelming market share. Additionally, top of the line exploration is required to be carried out in the field of biophotonics in the advancing years. Also, expanding number of patients suffering from cancer and the growing demand for non-medical applications principally in the field of food security has further guaranteed its dominance. The Asia Pacific biophotonics market was valued at USD 4.23 billion in the year 2013, and is expected to be the fastest growing biophotonics market in the coming years. Aging population and the rise in healthcare expenditure are the major growth factors for the Asia Pacific biophotonics market. Some of the key vendors in the global biophotonics market include PerkinElmer, Inc., Becton Dickinson & Co., Hamamatsu Photonics K.K., Olympus Corporation, Carl Zeiss A.G., Oxford Instruments Plc, and Affymetrix Inc. Download the Brochure @ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1467 About TMR Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact TMR Mr.Sudip S 90 State Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com/
Biophotonics is the term derived by the combination of photonics and biology. Photons are central entity in information technology in the same manner as electrons in electronics. Increasing demand for quality healthcare and growth of ageing population are the major forces driving the biophotonics market. The major benefit of biophotonics is that it preserves the cells for a specific period when they are examined.
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