Report Details-
Global Biophotonics Market, By Technology (Surface Imaging, Inside Imaging, See-through Imaging, Microscopy, Biosensors, Medical Lasers, Spectromolecular, Others), End User (Medical Diagnostics, Medical Therapeutic, Tests & Components, Nonmedical Application), Application (See-through Imaging, Inside Imaging, Spectro Molecular, Surface Imaging, Microscopy, Light Therapy, Analytical Sensing, Biosensors) – Industry Trends and Forecast to 2029
Biophotonics Market Analysis and Size
Data Bridge Market Research analyses that the biophotonics market is expected to undergo a CAGR of 3.47% during the forecast period. This indicates that the market value, which was USD 676.55 billion in 2021, would rocket up to USD 888.82 billion by 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
COVID-19 Impact on Biophotonics Market
The outbreak of COVID-19 outbreak had an impact on the biophotonics market due to end-user facilities, such as clinics, hospitals and other healthcare services. These sectors were heavily impacted due to government standards, such as lockdowns, social distancing, around the world. Moreover, this pandemic affected the economy and the functioning of hospital care for non-COVID-19 patients in hospitals. Moreover, the widespread corona virus forced governments overall the globe to lockdown initiatives which also reduced the production and sales revenue, which disrupted the global economy substantially. Thus, the biophotonics market size is estimated to gain momentum by the end of the pandemic
Global Biophotonics Market Scope
The biophotonics market is segmented on the basis of technology, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Biophotonics Market Regional Analysis/Insights
The biophotonics market is analysed and market size insights and trends are provided by country, technology, application and end-user as referenced above.
The countries covered in the biophotonics market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Market Definition
The term bio photonic is the combination of biology and photonics, with photonics being the science and technology of manipulating, generating and detecting photons, which is the quantum units of light. Photonics is related to photons and electronics. Photons play a vital role in information technologies, such as fiber optics, the way electrons do in electronics.
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Competitive Landscape and Biophotonics Market Share Analysis
Some of the major players operating in the biophotonics market are:
Thermo Fisher Scientific Inc. (U.S.)
Oxford Instruments (U.K.)
BD (U.S.)
ZEISS International (Germany)
Hamamatsu Photonics K.K. (Japan)
Lumenis Be Ltd. (Israel)
Olympus Corporation (Japan)
PerkinElmer, Inc. (U.S.)
Zecotek Photonics Inc. (Canada)
Glenbrook Technologies (U.S.)
Zenalux Biomedical Inc. (U.S.)
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Major TOC of the Report
1 INTRODUCTION
2 MARKET SEGMENTATION
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 MARKET OVERVIEW
6 IMPACTS OF COVID-19 ON THE GLOBAL HEMOGLOBIN TESTING MARKET
7 GLOBAL HEMOGLOBIN TESTING MARKET, BY INDUSTRY TYPE
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