Biophotonics Market Size To Reach $91.31 Billion By 2024 The global biophotonics market was valued at USD 34.29 billion in 2015, which is estimated to reach USD 91.31 billion by 2024, 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 its ability to harnesses light for comprehending the functioning of cells and tissue in living organisms. This further aids in the better diagnosis of health problems. Biophotonics market is projected to witness a 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 authenticity, quality, and reliability of the products. View summary of this report analysis/biophotonics-market @ http://www.grandviewresearch.com/industry- Asia Pacific Biophotonics Market by Application, 2013 - 2024 (USD Billion) Table of Contents Chapter 1. Methodology and Scope 1.1. Research Methodology 1.2. Research Scope & Assumptions 1.3. List of Data Sources Chapter 2. Executive Summary 2.1. Biophotonics- Industry snapshot &key buying criteria, 2013 - 2024 Chapter 3. Biophotonics Industry Outlook 3.1. Biophotonics market segmentation 3.2. Biophotonics market size and growth prospects 3.3. Biophotonics value chain analysis 3.4. Biophotonics market dynamics 3.4.1. Market driver analysis 3.4.1.1. Increasing R&D activity and technological advancement in optical technologies across telecom & Information Technology sectors 3.4.1.2. Increase in demand for quality products in the healthcare industry 3.4.1.3. Increasing use of biophotonics in defense applications 3.4.2. Market restraint analysis 3.4.2.1. Complexity associated with biophotonics technology 3.4.2.2. High price concerns 3.5. Key opportunities prioritized 3.6. Industry analysis - Porter's 3.7. Biophotonics industry company market share, 2015 3.8. Biophotonics market PESTEL Analysis, 2015 Chapter 4. Biophotonics End-use Outlook 4.1. Biophotonics market share by end-use, 2015 & 2024 4.2. Tests and components 4.2.1. Market estimates and forecasts, by region, 2013 - 2024 4.3. Medical therapeutics 4.3.1. Market estimates and forecasts, by region, 2013 - 2024 4.4. Medical diagnostics 4.4.1. Market estimates and forecasts, by region, 2013 - 2024 4.5. Non-medical application 4.5.1. Market estimates and forecasts, by region, 2013 - 2024 Chapter 5. Biophotonics Application Outlook 5.1. Biophotonics market share by application, 2015 & 2024 5.2. See-Through imaging 5.2.1. Market estimates and forecasts, by region, 2013 - 2024 5.3. Microscopy 5.3.1. Market estimates and forecasts, by region, 2013 - 2024 5.4. Inside Imaging 5.4.1. Market estimates and forecasts, by region, 2013 - 2024 5.5. Spectro Molecular 5.5.1. Market estimates and forecasts, by region, 2013 - 2024 5.6. Other analytics sensing 5.6.1. Market estimates and forecasts, by region, 2013 - 2024 5.7. Light Therapy 5.7.1. Market estimates and forecasts, by region, 2013 - 2024 5.8. Biosensors 5.8.1. Market estimates and forecasts, by region, 2013 - 2024 Chapter 6. Biophotonics Regional Outlook 6.1. Biophotonics market share by region, 2015 & 2024 6.2. North America 6.2.1. Market estimates and forecast by end-use, 2013 - 2024 6.2.2. Market estimates and forecast by application, 2013 - 2024 6.3. Europe 6.3.1. Market estimates and forecast by end-use, 2013 - 2024 6.3.2. Market estimates and forecast by application, 2013 - 2024 6.4. Asia Pacific 6.4.1. Market estimates and forecast by end-use, 2013 - 2024 6.4.2. Market estimates and forecast by application, 2013 - 2024 6.5. Rest of the World 6.5.1. Market estimates and forecast by end-use, 2013 - 2024 6.5.2. Market estimates and forecast by application, 2013 - 2024 Chapter 7. Competitive Landscape 7.1. Affymetrix Inc. 7.1.1. Company Overview 7.1.2. Financial Performance 7.1.3. Product Benchmarking 7.1.4. Strategic Initiatives 7.2. Andor Technology 7.2.1. Company Overview 7.2.2. Financial Performance 7.2.3. Product Benchmarking 7.2.4. Strategic Initiatives 7.3. BD (Becton, Dickinson and Company) 7.3.1. Company Overview 7.3.2. Financial Performance 7.3.3. Product Benchmarking 7.3.4. Strategic Initiatives 7.4. Carl Zeiss AG 7.4.1. Company Overview 7.4.2. Financial Performance 7.4.3. Product Benchmarking 7.4.4. Strategic Initiatives 7.5. Olympus Corporation 7.5.1. Company Overview 7.5.2. Financial Performance 7.5.3. Product Benchmarking 7.5.4. Strategic Initiatives 7.6. Hamamatsu Photonics K.K 7.6.1. Company Overview 7.6.2. Financial Performance 7.6.3. Product Benchmarking 7.6.4. Strategic Initiatives 7.7. Zecotek Photonic Inc. 7.7.1. Company Overview 7.7.2. Financial Performance 7.7.3. Product Benchmarking 7.7.4. Strategic Initiatives 7.8. Idex Corporation 7.8.1. Company Overview 7.8.2. Financial Performance 7.8.3. Product Benchmarking 7.8.4. Strategic Initiatives 7.9. IPG Photonics 7.9.1. Company Overview 7.9.2. Financial Performance 7.9.3. Product Benchmarking 7.9.4. Strategic Initiatives 7.10. Toshiba 7.10.1. Company Overview 7.10.2. Financial Performance 7.10.3. Product Benchmarking 7.10.4. Strategic Initiatives 7.11. Oxford Instruments Plc 7.11.1. Company Overview 7.11.2. Financial Performance 7.11.3. Product Benchmarking 7.11.4. Strategic Initiatives 7.12. PerkinElmer Inc. 7.12.1. Company Overview 7.12.2. Financial Performance 7.12.3. Product Benchmarking 7.12.4. Strategic Initiatives Browse full report @ http://www.grandviewresearch.com/industry-analysis/biophotonicsmarket List of Tables TABLE 1 Biophotonics- Industry snapshot & key buying criteria, 2013 - 2024 TABLE 2 Global Biophotonics market, 2013 - 2024 (USD Billion) TABLE 3 Global Biophotonics market by region, 2013 - 2024 (USD Billion) TABLE 4 Global Biophotonics market by component, 2013 - 2024 (USD Billion) TABLE 5 Global Biophotonics market by application, 2013 - 2024 (USD Billion) TABLE 6 Biophotonics - Market driver analysis TABLE 7 Biophotonics - Market restraint analysis TABLE 8 Biophotonics market demand in tests and components, 2013 - 2024 (USD Billion) TABLE 9 Biophotonics market demand in tests and components, by region, 2013 - 2024 (USD Billion) TABLE 10 Biophotonics market demand in Medical therapeutics, 2013 - 2024 (USD Billion) TABLE 11 Biophotonics market demand in Medical therapeutics by region, 2013 - 2024 (USD Billion) TABLE 12 Biophotonics market demand in Medical diagnostics, 2013 - 2024 (USD Billion) TABLE 13 Biophotonics market demand in Medical diagnostics by region, 2013 - 2024 (USD Billion) TABLE 14 Biophotonics market demand in Non-medical application, 2013 - 2024 (USD Billion) TABLE 15 Biophotonics market demand in Non-medical application by region, 2013 - 2024 (USD Billion) TABLE 16 Biophotonics market demand in See-Through imaging, 2013 - 2024 (USD Billion) TABLE 17 Biophotonics market demand in See-Through imaging by region, 2013 - 2024 (USD Billion) TABLE 18 Biophotonics market demand in Microscopy, 2013 - 2024 (USD Billion) TABLE 19 Biophotonics market demand in Microscopy by region, 2013 - 2024 (USD Billion) TABLE 20 Biophotonics market demand in Inside Imaging, 2013 - 2024 (USD Billion) TABLE 21 Biophotonics market demand in Inside Imaging by region, 2013 - 2024 (USD Billion) TABLE 22 Biophotonics market demand in Spectro Molecular market, 2013 - 2024 (USD Billion) TABLE 23 Biophotonics market demand in Spectro Molecular market by region, 2013 - 2024 (USD Billion) TABLE 24 Biophotonics market demand in Other analytics sensing, 2013 - 2024 (USD Billion) TABLE 25 Biophotonics market demand in Other analytics sensing by region, 2013 - 2024 (USD Billion) TABLE 26 Biophotonics market demand in Light Therapy, 2013 - 2024 (USD Billion) TABLE 27 Biophotonics market demand in Light Therapy by region, 2013 - 2024 (USD Billion) TABLE 28 Biophotonics market demand in Surface imaging, 2013 - 2024 (USD Billion) TABLE 29 Biophotonics market demand in Surface imaging by region2013 - 2024 (USD Billion) TABLE 30 Biophotonics market demand in Biosensors, 2013 - 2024 (USD Billion) TABLE 31 Biophotonics market demand in Biosensors by region, 2013 - 2024 (USD Billion) TABLE 32 North America market, 2013 - 2024 (USD Billion) TABLE 33 North America market by end-use, 2013 - 2024 (USD Billion) TABLE 34 North America market by application, 2013 - 2024 (USD Billion) TABLE 35 Asia Pacific market, 2013 - 2024 (USD Billion) TABLE 36 Asia Pacific market by end-use, 2013 - 2024 (USD Billion) TABLE 37 Asia Pacific market by application, 2013 - 2024 (USD Billion) TABLE 38 Europe market, 2013 - 2024 (USD Billion) TABLE 39 Europe market by end-use, 2013 - 2024 (USD Billion) TABLE 40 Europe market by application, 2013 - 2024 (USD Billion) TABLE 41 ROW market, 2013 - 2024 (USD Billion) TABLE 42 ROW market by end-use, 2013 - 2024 (USD Billion) TABLE 43 ROW market by application, 2013 - 2024 (USD Billion) For More Information analysis/biophotonics-market visit http://www.grandviewresearch.com/industry- List of Figures FIG. 1 Biophotonics market segmentation FIG. 2 Global mobile Biophotonics market, 2015 - 2024 (USD Billion) FIG. 3 Biophotonics value chain analysis FIG. 4 Biophotonics market dynamics FIG. 5 Biophotonics market key opportunities prioritized FIG. 6 Biophotonics market Porter’s analysis FIG. 7 Biophotonics PESTEL analysis FIG. 8 Biophotonics market share by end-use, 2015 & 2024 FIG. 9 Biophotonics market share by application, 2015 & 2024 FIG. 10 Biophotonics market share by region, 2015 & 2024 Further key findings from the report suggest: The non-medical end-use segment is expected to emerge as the fastest-growing segment over the forecast period. The snowballing demand in the non-medical applications is predicted to offer several growth avenues over the next few years. The usage of biophotonics to examine tissues at macro and micro levels and diagnose diseases effectively is expected to be a key reason for its surging end-use applications. The light therapy segment is projected to grow at a CAGR of 14.88% over the forecast period. It accounted for 3.6% of the total market revenue in 2014. This is followed by the surface imaging segment, which is expected to exhibit a high market growth. In addition to this, the market is expected to observe growth with increasing adoption of this technology across various industries, such as biotechnology, therapeutics, agriculture, diagnostics, and life sciences R&D. Other impact rendering applications include environmental monitoring, food analysis, dosimetry, dentistry, and medical imaging utilizing endoscopy and Raman spectroscopy. The Asia Pacific biophotonics market is expected to grow at a CAGR exceeding 13% over the next few years. Due to the augmented investment in R&D activities, coupled with the increasing prevalence of cancer, the market is expected to witness a substantial growth. The increasing healthcare expenditure and rising government initiatives are expected to fuel the demand for the regional market. The prominent industry participants include IPG Photonics Corp., Idex Corp., Toshiba, Procter & Gamble, Horiba, Precision Photonics Corp. (PPC), Roche, GE, Philips, and Danone. The market is projected to exhibit an aggressive competition in the arena of technological development, leading to the application of biophotonic devices in households. Request free sample of this Report @ http://www.grandviewresearch.com/industryanalysis/biophotonics-market/request Grand View Research has segmented the global biophotonics market on the basis of end-use, application, and region. Biophotonics End-Use Outlook (Revenue, USD Billion; 2013 - 2024) Tests and components Medical therapeutics Medical diagnostics Non-medical application Biophotonics Application Outlook (Revenue, USD Billion; 2013 - 2024) See-Through Imaging Microscopy Inside Imaging Spectro Molecular Other Analytics Sensing Light Therapy Surface Imaging Biosensors Biophotonics Regional Outlook (Revenue, USD Billion; 2013 - 2024) North America Europe Asia Pacific RoW Browse All Reports of this category @ http://www.grandviewresearch.com/industry/technology About Grand View Research Grand View Research, Inc. is a market research and consulting company that provides off-theshelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deepseated understanding of varied business environments, Grand View Research provides strategic objective insights. Contact: Sherry James Corporate Sales Specialist, U.S.A. Grand View Research, Inc. United States Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: [email protected] Website: Grand View Research Blog Site: http://www.divog.org/
The global biophotonics market was valued at USD 34.29 billion in 2015, which is estimated to reach USD 91.31 billion by 2024, 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. For More Information, Visit - http://www.grandviewresearch.com/industry-analysis/biophotonics-market
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