Biophotonics Market: North America is the leading region with high market shares through 2021.
Biophotonics is the combination of Photonics and biomedical science. It deals with the production and utilization of photons (nanoscale particles) through light energy (source) to detect or manipulate biological materials. The biophotonics technology is very useful for dealing issues such as increasing health issues, diminishing energy and decreasing crop production. The Biophotonics Market has high scope for various applications through 2021.
Regional forecast of the Biophotonics Market:
North America is the major market for biophotonics led by the U.S. North America dominates the Biophotonics Market with high market shares. The US invests huge capital for the development and applications of the biophotons such as biophotonic imaging, bio light therapy, laser photonics and so on.
In Europe, Germany is the largest manufacturer of biophotonics products. Asia Pacific and Rest of the world are expected to display high growth rate owing to the technological development and depleting environment. India and China are potential countries for the high growth in demand for Biophotonics Market.
According to the IndustryARC marketing analysis report, the primary factors leading to the growth of the Biophotonics Market are the demand for betterment and safety of individual health and the demand of biophotonics in optical and telecommunication industries.
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Segmentation and key players in the Biophotonics Market:
The Biophotonics Market is segmented into various categories in the IndustryARC market analysis report by light sources, by application, by technology, by products, by end user industry and by geography.
By light sources: lasers (gas lasers, diode lasers, solid state lasers, fiber lasers, ultra-chrome lasers and others), single photon source, LEDs, lamps and others
By application: see-through imaging, inside imaging, spectro molecular imaging, surface imaging, microscopy, light therapy and others
By technology: In-Vivo, In-Vitro
By products: UV lasers, light-sheet microscope, visible light spectrophotometer, diode laser bars, hyperspectral imager, board-level camera, cell culture microscope, well plate imaging tools and others
By end user industry: Biotechnology, Medicine, Chemical and pharmaceutical industry, Environmental technology, Agricultural sciences, Food & Beverage and others
By geography: North America, South America, Europe, Asia Pacific and ROW
The key players in the Biophotonics Market as mentioned in the IndustryARC market research report are as follows:
- Andor Technology Ltd. (U.K.)
- BioPhotonics Solution Inc. (United States)
- Olympus Europa SE & Co. (Germany)
- Carl Zeiss Meditec AG (Germany)
- Hamamatsu Photonics K.K. (Japan)
The Biophotonics Market is a potential technology which has great scope in many end user industries across the globe. This market is expected to witness high growth due to its variety of applications in different sectors during 2016-2021.
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