Biophotonics Market: By Application, By End User, and Geography

Biophotonics Market Size, Share, Growth, Trends, and Global Industry Analysis: By Application (Surface imagining, Inside Imagining, See-through Imagining, Microscopy, Biosensors, Medical Lasers, Spectro Molecular, Light Therapy, and others), By End User (Medical Diagnostics, Medical Therapeutic, Tests & Components, and Non-medical Applications), and Region

Biophotonics Market size was valued at US$ 66,241.2 million in 2023 and it is expected to reach US$ 85,251.23 in 2030 growing at an 11.8% CAGR from 2024 to 2030. The study of optical processes in the Psoriasis biologicals system is Biophotonics, it uses light and other radiant energy to understand the functions of the cell and other living organisms. Biophotonics is also used in pharmaceuticals and research to study the light-tissue mechanism and interactions at the micro, nano, and micro-organism level. It helps to study absorptions, emission, detection, and modification from biomolecular cells of organisms and microorganisms. An increase in the research & development activity and government support in technological advancement in healthcare sectors rise to increase in the demand for Biophotonics applications in the market are the major factor driving the market. The Biophotonics market is negatively impacted due to covid 19 in 2020 due to a lack of skilled professionals available to operate biphotonic technology is the major restraint for the Biophotonics market, increase in technology in healthcare may lead to creating new opportunities in the market. Key players are constantly engaged in R&D to boost the Biophotonics market. Geographically, North America held the major market share in 2022 and is expected to dominate the global embolization market in the forecasted years.

Recent Biophotonics Market Key Developments:

  • In March 2021, Zeiss expanded its presence in North America by launching new research and development, production, sales, and customer service center in the United States with an investment of US$ 180 million. The new site will incorporate the X-ray Microscopy business, along with the ZEISS Microscopy Customer Center, to provide support for opportunities in materials research, life sciences, and industrial applications.

Biophotonics Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

12.8%

Largest Market

North America

Fastest Growing Market

Asia Pacific

Biophotonics Market Dynamics

The increasing research on new mediations across the world is the major market driver in the Biophotonics Market during the forecast period. Rapid development in healthcare and medication advances in bio-optics and biophotonics and also used in many applications in various diseases and neurological disorders are the primary factor, increased optical penetration like endoscopy to visualize the internal systems and the increase in therapeutic interventions are the major key factor that drives the market of Biophotonics.

Biophotonics Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 66,241.2 million

Market CAGR

12.8%

By Application

  • Surface imagining
  • Inside Imagining
  • See-through Imagining 
  • Microscopy
  • Biosensors
  • Medical Lasers
  • Spectro Molecular
  • Light Therapy
  • Others

By End User

  • Medical Diagnostics
  • Medical Therapeutic
  • Tests & Components
  • Non-medical Application

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis

Download Free Sample Report

LOCATION

Geography

geography

Frequently Asked Questions

The biophotonics market size was valued at US$ 66,241.2 million in 2023

The biophotonics market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

The biophotonics market key players are Stratasys Ltd, Autodesk Inc, Stratasys Ltd, CT CoreTechnologie Group, EnvisionTEC Inc, ExOne Corporation, Organovo Holdings Inc, 3D Systems Inc, Autodesk Inc, Hewlett Packard Corp, Materialise NV, Dassault Systèmes, ARC Centre of Excellence for Electromaterials Science (ACES), Norsk Titanium US Inc

Author image

Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

1. Executive Summary
2. Global Biophotonics Market Introduction 
2.1.Global Biophotonics Market  - Taxonomy
2.2.Global Biophotonics Market  - Definitions
2.2.1.Application
2.2.2.End User
2.2.3.Region
3. Global Biophotonics Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Biophotonics Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Biophotonics Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Surface imagining
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Inside Imagining
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. See-through Imagining 
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Microscopy
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Biosensors
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
5.6. Medical Lasers
5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.6.3. Market Opportunity Analysis 
5.7. Spectro Molecular
5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.7.3. Market Opportunity Analysis 
5.8. Light Therapy
5.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.8.3. Market Opportunity Analysis 
5.9. Others
5.9.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.9.3. Market Opportunity Analysis 
6.Global Biophotonics Market  By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Medical Diagnostics
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Medical Therapeutic
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Tests & Components
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Non-medical Application
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
7.Global Biophotonics Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific (APAC)
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.North America Biophotonics Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Surface imagining
8.1.2.Inside Imagining
8.1.3.See-through Imagining 
8.1.4.Microscopy
8.1.5.Biosensors
8.1.6.Medical Lasers
8.1.7.Spectro Molecular
8.1.8.Light Therapy
8.1.9.Others
8.2.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Medical Diagnostics
8.2.2.Medical Therapeutic
8.2.3.Tests & Components
8.2.4.Non-medical Application
8.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9.Europe Biophotonics Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Application Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Surface imagining
9.1.2.Inside Imagining
9.1.3.See-through Imagining 
9.1.4.Microscopy
9.1.5.Biosensors
9.1.6.Medical Lasers
9.1.7.Spectro Molecular
9.1.8.Light Therapy
9.1.9.Others
9.2.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Medical Diagnostics
9.2.2.Medical Therapeutic
9.2.3.Tests & Components
9.2.4.Non-medical Application
9.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
9.3.6.Rest of EU
10.Asia Pacific (APAC) Biophotonics Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Application Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Surface imagining
10.1.2.Inside Imagining
10.1.3.See-through Imagining 
10.1.4.Microscopy
10.1.5.Biosensors
10.1.6.Medical Lasers
10.1.7.Spectro Molecular
10.1.8.Light Therapy
10.1.9.Others
10.2.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Medical Diagnostics
10.2.2.Medical Therapeutic
10.2.3.Tests & Components
10.2.4.Non-medical Application
10.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11.Middle East and Africa (MEA) Biophotonics Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Application Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Surface imagining
11.1.2.Inside Imagining
11.1.3.See-through Imagining 
11.1.4.Microscopy
11.1.5.Biosensors
11.1.6.Medical Lasers
11.1.7.Spectro Molecular
11.1.8.Light Therapy
11.1.9.Others
11.2.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Medical Diagnostics
11.2.2.Medical Therapeutic
11.2.3.Tests & Components
11.2.4.Non-medical Application
11.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12.Latin America Biophotonics Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Application Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Surface imagining
12.1.2.Inside Imagining
12.1.3.See-through Imagining 
12.1.4.Microscopy
12.1.5.Biosensors
12.1.6.Medical Lasers
12.1.7.Spectro Molecular
12.1.8.Light Therapy
12.1.9.Others
12.2.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Medical Diagnostics
12.2.2.Medical Therapeutic
12.2.3.Tests & Components
12.2.4.Non-medical Application
12.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.Thermo Fisher Scientific
13.2.2.Becton, Dickinson, and Company
13.2.3.Hamamatsu Photonics KK
13.2.4.Olympus Corporation
13.2.5.Carl Zeiss AG
13.2.6.Oxford Technologies
13.2.7.Lumenis Ltd
13.2.8.Olympus Corporation
13.2.9.PerkinElmer Inc
13.2.10.Zenalux Biomedical Inc
14. Research Methodology 
15. Appendix and Abbreviations 

Key Market Players

  • Thermo Fisher Scientific
  • Becton, Dickinson, and Company
  • Hamamatsu Photonics KK
  • Olympus Corporation
  • Carl Zeiss AG
  • Oxford Technologies
  • Lumenis Ltd
  • Olympus Corporation
  • PerkinElmer Inc
  • Zenalux Biomedical Inc

Related Industry Reports