Biophotonics Market: By Light Sources (Lasers, LEDs, Lamps), By Products; By Application (See-Through, Inside), By Technology (Spectroscopy, Light Microscopy), By End User Industry (Biotechnology, Medicine and Others) & By Geography- Forecast 2021

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Apr 28, 2016, 04:52 ET

NEW YORK, April 28, 2016 /PRNewswire/ -- Biophotonics is the combination of Photonics and biomedical science. It deals with the production and utilization of photons through light energy (source) to detect or manipulate biological materials. In Biophonotics, photons plays key roles wherein photons are harnessed are utilized to create complex vision images. Biophotonics is a light based technology which helps in providing solution to global challenges such as increasing health issues, diminishing energy and decreasing crop production. Biophotonics is also a sustainable solution for environmental protection. Biophonotics is generally used in laser media, optical communication channel, optical signal processing and for high capacity data storage.

The overall market can be segmented into light source, technology, application, product and end user industry. Light source such as laser, single photon source, LEDs, lamps and many other sources are used for the production of photons. In-Vivo and In-Vitro are the dominant technologies for biophotonics. Various applications of biophotonics includes see-through imaging, inside imaging, spectro molecular imaging, surface imaging, microscopy and so on. Various products which uses biophotonics include UV lasers, Light-sheet microscope, diode bars, broad-level camera and so on. Biophotonics are increasing being adopted across various industries, however, the major end-users include Biotechnology, medicine, chemical, pharmaceutical, environmental sciences, agriculture sciences, food analysis and so on.

The market is also analyzed based on geographic regions which are grouped into Americas, APAC, Europe as well as RoW regions. Americas is the major market for biophotonics led by the U.S. In Europe, Germany is the largest manufacturer of biophotonics products. APAC and RoW are expected to display high growth rate owing to the technological development and depleting environment.

The primary factors leading to the growth of this market is the demand for betterment and safety of individual health and the demand of biophotonics in optical and telecommunication industries.

The major key players are
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) and many more.
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