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Biophotonics Market  Overview:

The global biophotonics market size is estimated to reach $63.1 billion by 2022 from $31.6 billion in 2015, growing at a CAGR of 10.4% from 2016 to 2022. Biophotonics is the science of generating and harnessing light to visualize, detect, and manipulate biological materials. It uses light and other forms of radiant energy to understand the internal functioning of cells and tissues in living organisms.

In biology, biophotonics is utilized for the analysis of molecular mechanisms, functions, and structures. In medicine, it is used to study light‐tissue interactions at the micro-, nano-, and macro-organism level to detect, diagnose, and treat diseases. Moreover, it helps in emission, detection, absorption, reflection, modification, and creation of radiation from bimolecular, cells, tissues, organisms, and biomaterials.

Biophotonics technology is expected to witness notable growth in the coming years owing to development in biosensors and its increased use in the nonmedical sector. Availability of funds for research & development is expected to fuel growth during the forecast period. The impact of these drivers is expected to increase significantly due to rise in awareness about the benefits of the biophotonics. However, high price of biophotonics-based instruments due to complexity of technology restrains the growth of the market. Nevertheless, with the advancement in the technology, cost of biophotonics devices is expected to reduce in the years to come.

Emergence Of Nanotechnology Leads To The Development Of Biophotonics

Nanotechnology is a science that deals with dimensions at the nanoscale, which is about 1 to 100 nanometers. This technology is applicable across all the other science fields such as chemistry, biology, physics, materials science, and engineering.

The graph above shows the increase in market size of nanotechnology, and is expected to reach around $100,000 million, which fuels the market growth. Nanotechnology enhances the activity or sensing technology of biophotonics-based devices.

Practice of nano technology in healthcare sector helps a lot in sensing human cells and tissues. For example, for a cancer patient usage of biophotonics helps in connecting with the directly affected cells and improves the process of curing. The increase in penetration of advanced healthcare devices fuel the growth in biophotonics market

Top Impacting Factors

The emergence of nanotechnology, R&D in the field of optics, increased use of biophotonic devices for medical & nonmedical purposes, and high equipment cost have a significant impact on the growth of the market. Each of these factors is expected to have its definite impact on the market during the forecast period.

MARKET SEGMENTATION

POTENTIAL BENEFITS FOR STAKEHOLDERS

  • This report provides an in-depth analysis of the global biophotonics market along with the current trends and future estimations to identify lucrative marketing and investment opportunities.
  • It elucidates on the key drivers, opportunities, and restraints that shape the market along with their impact analysis.
  • Porter’s Five Forces analysis highlights the potency of buyers and suppliers facilitate better decision-making for stakeholders and strengthen their supplier and buyer networks.

BIOPHOTONICS MARKET KEY SEGMENTATION

BY END USER

  • Medical Diagnostics
  • Medical Therapeutic
  • Tests & Components
  • Nonmedical Application

BY APPLICATION

  • See-Through Imaging
  • Inside Imaging
  • Spectro Molecular
  • Surface Imaging
  • Microscopy
  • Light Therapy
  • Analytical Sensing
  • Biosensors

BY GEOGRAPHY

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

KEY PLAYERS

  • Affymetrix Inc.
  • Andor Technology Ltd.
  • Carl Zeiss AG
  • Becton, Dickinson and Company
  • FEI Company
  • Hamamatsu Photonics K.K.
  • Lumenis Ltd., Olympus Corporation
  • PerkinElmer Inc.
  • Zecotek Photonics Inc.

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Chapter: 1 INTRODUCTION

1.1 REPORT DESCRIPTION
1.2 KEY BENEFITS
1.3 KEY MARKET SEGMENTS
1.4 RESEARCH METHODOLOGY

1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1 OVERVIEW
2.2 MARKET SNAPSHOT
2.3 CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW

3.1 MARKET DEFINITION AND SCOPE
3.2 KEY FINDINGS

3.2.1 Top impacting factor
3.2.2 Top winning strategies
3.2.3 Top investment pockets

3.3 PORTERS FIVE FORCES ANALYSIS

3.3.1 Bargaining power of suppliers
3.3.2 Bargaining power of buyer
3.3.3 Threat of substitutes
3.3.4 Threat of new entrants
3.3.5 Intensity of competitive rivalry

3.4 MARKET SHARE ANALYSIS, 2015
3.5 DRIVERS

3.5.1 Emergence of nanotechnology leading to the development of biophotonics
3.5.2 Development in Biosensors leading to the development of biophotonics market
3.5.3 Availability of funds for research and development

3.6 RESTRAINTS

3.6.1 High price of biophotonics based instruments due to complexity of biophotonics technology

3.7 OPPORTUNITY

3.7.1 Use of biophotonics in non-medical sectors

Chapter: 4 GLOBAL BIOPHOTONICS MARKET, BY END- USER

4.1 INTRODUCTION
4.2 TESTS AND COMPONENTS

4.2.1 Key market trends
4.2.2 Key growth factors and opportunities
4.2.3 Market size and forecast

4.3 MEDICAL THERAPEUTICS

4.3.1 Key market trends
4.3.2 Key growth factors and opportunities
4.3.3 Market size and forecast

4.4 MEDICAL DIAGNOSTICS

4.4.1 Key market trends
4.4.2 Key growth factors and opportunities
4.4.3 Market size and forecast

4.5 NON-MEDICAL APPLICATION

4.5.1 Key market trends
4.5.2 Key growth factors and opportunities
4.5.3 Market size and forecast

Chapter: 5 GLOBAL BIOPHOTONICS MARKET BY APPLICATION

5.1 INTRODUCTION
5.2 SEE-THROUGH IMAGING

5.2.1 Key market trends
5.2.2 Key growth factors and opportunities
5.2.3 Market size and forecast

5.3 MICROSCOPY

5.3.1 Key market trends
5.3.2 Key growth factors and opportunities
5.3.3 Market size and forecast

5.4 INSIDE IMAGING

5.4.1 Key market trends
5.4.2 Key growth factors and opportunities
5.4.3 Market size and forecast

5.5 SPECTRO MOLECULAR

5.5.1 Key market trends
5.5.2 Key growth factors and opportunities
5.5.3 Market size and forecast

5.6 ANALYTICS SENSING

5.6.1 Key market trends
5.6.2 Key growth factors and opportunities
5.6.3 Market size and forecast

5.7 LIGHT THERAPY

5.7.1 Key market trends
5.7.2 Key growth factors and opportunities
5.7.3 Market size and forecast

5.8 SURFACE IMAGING

5.8.1 Key market trends
5.8.2 Key growth factors and opportunities
5.8.3 Market size and forecast

5.9 BIOSENSORS

5.9.1 Key market trends
5.9.2 Key growth factors and opportunities
5.9.3 Market size and forecast

Chapter: 6 GLOBAL BIOPHOTONICS MARKET BY GEOGRAPHY

6.1 OVERVIEW
6.2 NORTH AMERICA

6.2.1 Key market trends
6.2.2 Key growth factors and opportunities
6.2.3 Market size and forecast
6.2.4 U.S.
6.2.5 Canada
6.2.6 Mexico

6.3 EUROPE

6.3.1 Key market trends
6.3.2 Key growth factors and opportunities
6.3.3 Market size and forecast
6.3.4 UK
6.3.5 Germany
6.3.6 France
6.3.7 Italy
6.3.8 Rest of Europe

6.4 ASIA-PACIFIC

6.4.1 Key market trends
6.4.2 Key growth factors and opportunities
6.4.3 Market size and forecast
6.4.4 China
6.4.5 India
6.4.6 Japan
6.4.7 South Korea
6.4.8 Australia
6.4.9 Rest of Asia-Pacific

6.5 LAMEA

6.5.1 Key market trends
6.5.2 Key growth factors and opportunities
6.5.3 Market size and forecast
6.5.4 Latin America
6.5.5 Middle East
6.5.6 Africa

Chapter: 7 COMPANY PROFILES

7.1. AFFYMETRIX INC.

7.1.1. Company overview
7.1.2. Operating business segments
7.1.3. Business performance
7.1.4. Key strategic moves and developments

7.2. ANDOR TECHNOLOGY LTD.

7.2.1. Company overview
7.2.2. Operating business segments
7.2.3. Business performance
7.2.4. Key strategic moves and developments

7.3. CARL ZEISS AG

7.3.1. Company overview
7.3.2. Operating business segments
7.3.3. Business performance
7.3.4. Key strategic moves and developments

7.4. BECTON DICKINSON AND COMPANY

7.4.1. Company overview
7.4.2. Operating business segments
7.4.3. Business performance
7.4.4. Key strategic moves and developments

7.5. FEI COMPANY

7.5.1. Company overview
7.5.2. Operating business segments
7.5.3. Business performance
7.5.4. Key strategic moves and developments

7.6. HAMAMATSU PHOTONICS K.K.

7.6.1. Company overview
7.6.2. Operating business segments
7.6.3. Business performance
7.6.4. Key strategic moves and developments

7.7. LUMENIS LTD.

7.7.1. Company overview
7.7.2. Operating business segments
7.7.3. Business performance
7.7.4. Key strategic moves and developments

7.8. OLYMPUS CORPORATION

7.8.1. Company overview
7.8.2. Operating business segments
7.8.3. Business performance
7.8.4. Key strategic moves and developments

7.9. PERKINELMER INC.

7.9.1. Company overview
7.9.2. Operating business segments
7.9.3. Business performance
7.9.4. Key strategic moves and developments

7.10. ZECOTEK PHOTONICS INC

7.10.1. Company overview
7.10.2. Operating business segments
7.10.3. Business performance
7.10.4. Key strategic moves and developments

LIST OF FIGURES

FIG. 1 TOP IMPACTING FACTORS
FIG. 2 TOP WINNING STRATEGIES IN THE BIOPHOTONICS MARKET (2013-2016)
FIG. 3 TOP WINNING STRATEGIES (%) (2013-2016)
FIG. 4 TOP INVESTMENT POCKETS
FIG. 5 PORTERS FIVE FORCES ANALYSIS OF BIOPHOTONICS MARKET
FIG. 6 MARKET SHARE ANALYSIS OF BIOPHOTONICS MARKET, 2015
FIG. 7 MARKET SIZE FORECAST OF NANOTECHNOLOGY 2014-2022 ($ MILLIONS)
FIG. 8 MARKET SIZE FORECAST OF BIOSENSORS 2014-2022 ($ MILLIONS)
FIG. 9 GLOBAL BIOPHOTONICS MARKET SHARE, BY END-USER (%), 2015
FIG. 10 GLOBAL BIOPHOTONICS MARKET, BY TESTS AND COMPONENTS, YEAR ON YEAR GROWTH (%), 2015-2022
FIG. 11 GLOBAL BIOPHOTONICS MARKET, BY MEDICAL THERAPEUTICS, YEAR ON YEAR GROWTH (%), 2015-2022
FIG. 12 GLOBAL BIOPHOTONICS MARKET, BY MEDICAL DIAGNOSTICS, YEAR ON YEAR GROWTH (%), 2015-2022
FIG. 13 GLOBAL BIOPHOTONICS MARKET, BY NON-MEDICAL APPLICATION, YEAR ON YEAR GROWTH (%), 2015-2022
FIG. 14 GLOBAL BIOPHOTONICS MARKET BY APPLICATION, 2015
FIG. 15 GLOBAL BIOPHOTONICS MARKET, BY SEE-THROUGH IMAGING, YEAR ON YEAR GROWTH (%), 2015-2022
FIG. 16 GLOBAL BIOPHOTONICS MARKET, BY MICROSCOPY, YEAR ON YEAR GROWTH (%), 2015-2022
FIG. 17 GLOBAL BIOPHOTONICS MARKET, BY INSIDE IMAGING, YEAR ON YEAR GROWTH (%), 2015-2022
FIG. 18 GLOBAL BIOPHOTONICS MARKET, BY SPECTRO MOLECULAR, YEAR ON YEAR GROWTH (%), 2015-2022
FIG. 19 GLOBAL BIOPHOTONICS MARKET, BY ANALYTICS SENSING, YEAR ON YEAR GROWTH (%), 2015-2022
FIG. 20 GLOBAL BIOPHOTONICS MARKET, BY LIGHT THERAPY, YEAR ON YEAR GROWTH (%), 2015-2022
FIG. 21 GLOBAL BIOPHOTONICS MARKET, BY SURFACE IMAGING, YEAR ON YEAR GROWTH (%), 2015-2022
FIG. 22 GLOBAL BIOPHOTONICS MARKET, BY BIOSENSORS, YEAR ON YEAR GROWTH (%), 2015-2022
FIG. 23 GLOBAL BIOPHOTONICS MARKET BY GEOGRAPHY, 2015
FIG. 24 GLOBAL BIOPHOTONICS MARKET, BY NORTH AMERICA REGION, YEAR ON YEAR GROWTH (%), 2015-2022
FIG. 25 GLOBAL BIOPHOTONICS MARKET, BY EUROPE REGION, YEAR ON YEAR GROWTH (%), 2015-2022
FIG. 26 GLOBAL BIOPHOTONICS MARKET, BY ASIA-PACIFIC REGION, YEAR ON YEAR GROWTH (%), 2015-2022
FIG. 27 GLOBAL BIOPHOTONICS MARKET, BY LAMEA REGION, YEAR ON YEAR GROWTH (%), 2015-2022
FIG. 28 AFFYMETRIX INC.: COMPANY SNAPSHOT
FIG. 29 ANDOR TECHNOLOGY LTD.: COMPANY SNAPSHOT
FIG. 30 CARL ZEISS AG: COMPANY SNAPSHOT
FIG. 31 BECTON DICKINSON AND COMPANY: COMPANY SNAPSHOT
FIG. 32 FEI COMPANY: COMPANY SNAPSHOT
FIG. 33 HAMAMATSU PHOTONICS K.K.: COMPANY SNAPSHOT
FIG. 34 LUMENIS LTD.: COMPANY SNAPSHOT
FIG. 36 OLYMPUS CORPORATION: COMPANY SNAPSHOT
FIG. 37 PERKINELMER INC.: COMPANY SNAPSHOT
FIG. 38 ZECOTEK PHOTONICS INC: COMPANY SNAPSHOT

LIST OF TABLES

TABLE 1 GLOBAL BIOPHOTONICS MARKET SNAPSHOT
TABLE 2 GLOBAL BIOPHOTONICS MARKET FOR TESTS AND COMPONENTS, ($MILLION), GROWTH (%) 2014-2022
TABLE 3 NORTH AMERICA BIOPHOTONICS MARKET FOR TESTS AND COMPONENTS, ($MILLION), GROWTH (%) 2014-2022
TABLE 4 EUROPE BIOPHOTONICS MARKET FOR TESTS AND COMPONENTS, ($MILLION), GROWTH (%) 2014-2022
TABLE 5 ASIA-PACIFIC BIOPHOTONICS MARKET FOR TESTS AND COMPONENTS, ($MILLION), GROWTH (%) 2014-2022
TABLE 6 LAMEA BIOPHOTONICS MARKET FOR TESTS AND COMPONENTS, ($MILLION), GROWTH (%) 2014-2022
TABLE 7 GLOBAL BIOPHOTONICS MARKET FOR MEDICAL THERAPEUTICS, ($MILLION), GROWTH (%) 2014-2022
TABLE 8 NORTH AMERICA BIOPHOTONICS MARKET FOR MEDICAL THERAPEUTICS, ($MILLION), GROWTH (%) 2014-2022
TABLE 9 EUROPE BIOPHOTONICS MARKET FOR MEDICAL THERAPEUTICS, ($MILLION), GROWTH (%) 2014-2022
TABLE 10 ASIA-PACIFIC BIOPHOTONICS MARKET FOR MEDICAL THERAPEUTICS, ($MILLION), GROWTH (%) 2014-2022
TABLE 11 LAMEA BIOPHOTONICS MARKET FOR MEDICAL THERAPEUTICS, ($MILLION), GROWTH (%) 2014-2022
TABLE 12 GLOBAL BIOPHOTONICS MARKET FOR MEDICAL DIAGNOSTICS, ($MILLION), GROWTH (%) 2014-2022
TABLE 13 NORTH AMERICA BIOPHOTONICS MARKET FOR MEDICAL DIAGNOSTICS, ($MILLION), GROWTH (%) 2014-2022
TABLE 14 EUROPE BIOPHOTONICS MARKET FOR MEDICAL DIAGNOSTICS, ($MILLION), GROWTH (%) 2014-2022
TABLE 15 ASIA-PACIFIC BIOPHOTONICS MARKET FOR MEDICAL DIAGNOSTICS, ($MILLION), GROWTH (%) 2014-2022
TABLE 16 LAMEA BIOPHOTONICS MARKET FOR MEDICAL DIAGNOSTICS MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 17 GLOBAL BIOPHOTONICS MARKET FOR NON-MEDICAL APPLICATION, ($MILLION), GROWTH (%) 2014-2022
TABLE 18 NORTH AMERICA BIOPHOTONICS MARKET FOR NON-MEDICAL APPLICATION, ($MILLION), GROWTH (%) 2014-2022
TABLE 19 EUROPE BIOPHOTONICS MARKET FOR NON-MEDICAL APPLICATION, ($MILLION), GROWTH (%) 2014-2022
TABLE 20 ASIA-PACIFIC BIOPHOTONICS MARKET FOR NON-MEDICAL APPLICATION, ($MILLION), GROWTH (%) 2014-2022
TABLE 21 LAMEA BIOPHOTONICS MARKET FOR NON-MEDICAL APPLICATION, ($MILLION), GROWTH (%) 2014-2022
TABLE 22 GLOBAL BIOPHOTONICS MARKET FOR SEE-THROUGH IMAGING, ($MILLION), GROWTH (%) 2014-2022
TABLE 23 NORTH AMERICA BIOPHOTONICS MARKET FOR SEE-THROUGH IMAGING, ($MILLION), GROWTH (%) 2014-2022
TABLE 24 EUROPE BIOPHOTONICS MARKET FOR SEE-THROUGH IMAGING, ($MILLION), GROWTH (%) 2014-2022
TABLE 25 ASIA PACIFIC BIOPHOTONICS MARKET FOR SEE-THROUGH IMAGING, ($MILLION), GROWTH (%) 2014-2022
TABLE 26 LAMEA BIOPHOTONICS MARKET FOR SEE-THROUGH IMAGING, ($MILLION), GROWTH (%) 2014-2022
TABLE 27 GLOBAL BIOPHOTONICS MARKET FOR MICROSCOPY, ($MILLION), GROWTH (%) 2014-2022
TABLE 28 NORTH AMERICA BIOPHOTONICS MARKET FOR MICROSCOPY, ($MILLION), GROWTH (%) 2014-2022
TABLE 29 EUROPE BIOPHOTONICS MARKET FOR MICROSCOPY, ($MILLION), GROWTH (%) 2014-2022
TABLE 30 ASIA-PACIFIC BIOPHOTONICS MARKET FOR MICROSCOPY, ($MILLION), GROWTH (%) 2014-2022
TABLE 31 LAMEA BIOPHOTONICS MARKET FOR MICROSCOPY, ($MILLION), GROWTH (%) 2014-2022
TABLE 32 GLOBAL BIOPHOTONICS MARKET FOR INSIDE IMAGING, ($MILLION), GROWTH (%) 2014-2022
TABLE 33 NORTH AMERICA BIOPHOTONICS MARKET FOR INSIDE IMAGING, ($MILLION), GROWTH (%) 2014-2022
TABLE 34 EUROPE BIOPHOTONICS MARKET FOR INSIDE IMAGING, ($MILLION), GROWTH (%) 2014-2022
TABLE 35 ASIA-PACIFIC BIOPHOTONICS MARKET FOR INSIDE IMAGING, ($MILLION), GROWTH (%) 2014-2022
TABLE 36 LAMEA BIOPHOTONICS MARKET FOR INSIDE IMAGING, ($MILLION), GROWTH (%) 2014-2022
TABLE 37 GLOBAL BIOPHOTONICS MARKET FOR SPECTRO MOLECULAR, ($MILLION), GROWTH (%) 2014-2022
TABLE 38 NORTH AMERICA BIOPHOTONICS MARKET FOR SPECTRO MOLECULAR, ($MILLION), GROWTH (%) 2014-2022
TABLE 39 EUROPE BIOPHOTONICS MARKET FOR SPECTRO MOLECULAR, ($MILLION), GROWTH (%) 2014-2022
TABLE 40 ASIA PACIFIC BIOPHOTONICS MARKET FOR SPECTRO MOLECULAR, ($MILLION), GROWTH (%) 2014-2022
TABLE 41 LAMEA BIOPHOTONICS MARKET FOR SPECTRO MOLECULAR, ($MILLION), GROWTH (%) 2014-2022
TABLE 42 GLOBAL BIOPHOTONICS MARKET FOR ANALYTICS SENSING, ($MILLION), GROWTH (%) 2014-2022
TABLE 43 NORTH AMERICA BIOPHOTONICS MARKET FOR ANALYTICS SENSING, ($MILLION), GROWTH (%) 2014-2022
TABLE 44 EUROPE BIOPHOTONICS MARKET FOR ANALYTICS SENSING, ($MILLION), GROWTH (%) 2014-2022
TABLE 45 ASIA-PACIFIC BIOPHOTONICS MARKET FOR ANALYTICS SENSING, ($MILLION), GROWTH (%) 2014-2022
TABLE 46 LAMEA BIOPHOTONICS MARKET FOR ANALYTICS SENSING, ($MILLION), GROWTH (%) 2014-2022
TABLE 47 GLOBAL BIOPHOTONICS MARKET FOR LIGHT THERAPY, ($MILLION), GROWTH (%) 2014-2022
TABLE 48 NORTH AMERICA BIOPHOTONICS MARKET FOR LIGHT THERAPY, ($MILLION), GROWTH (%) 2014-2022
TABLE 49 EUROPE BIOPHOTONICS MARKET FOR LIGHT THERAPY, ($MILLION), GROWTH (%) 2014-2022
TABLE 50 ASIA-PACIFIC BIOPHOTONICS MARKET FOR LIGHT THERAPY, ($MILLION), GROWTH (%) 2014-2022
TABLE 51 LAMEA BIOPHOTONICS MARKET FOR LIGHT THERAPY, ($MILLION), GROWTH (%) 2014-2022
TABLE 52 GLOBAL BIOPHOTONICS MARKET FOR SURFACE IMAGING, ($MILLION), GROWTH (%) 2014-2022
TABLE 53 NORTH AMERICA BIOPHOTONICS MARKET FOR SURFACE IMAGING, ($MILLION), GROWTH (%) 2014-2022
TABLE 54 EUROPE BIOPHOTONICS MARKET FOR SURFACE IMAGING, ($MILLION), GROWTH (%) 2014-2022
TABLE 55 ASIA PACIFIC BIOPHOTONICS MARKET FOR SURFACE IMAGING, ($MILLION), GROWTH (%) 2014-2022
TABLE 56 LAMEA BIOPHOTONICS MARKET FOR SURFACE IMAGING, ($MILLION), GROWTH (%) 2014-2022
TABLE 57 GLOBAL BIOPHOTONICS MARKET FOR BIOSENSORS, ($MILLION), GROWTH (%) 2014-2022
TABLE 58 NORTH AMERICA BIOPHOTONICS MARKET FOR BIOSENSORS, ($MILLION), GROWTH (%) 2014-2022
TABLE 59 EUROPE BIOPHOTONICS MARKET FOR BIOSENSORS, ($MILLION), GROWTH (%) 2014-2022
TABLE 60 ASIA-PACIFIC BIOPHOTONICS MARKET FOR BIOSENSORS, ($MILLION), GROWTH (%) 2014-2022
TABLE 61 LAMEA BIOPHOTONICS MARKET FOR BIOSENSORS, ($MILLION), GROWTH (%) 2014-2022
TABLE 62 NORTH AMERICA BIOPHOTONICS MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 63 U.S. BIOPHOTONICS MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 64 CANADA BIOPHOTONICS MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 65 MEXICO BIOPHOTONICS MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 66 EUROPE BIOPHOTONICS MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 67 U.K. BIOPHOTONICS MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 68 GERMANY BIOPHOTONICS MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 69 FRANCE BIOPHOTONICS MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 70 ITALY BIOPHOTONICS MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 71 REST OF EUROPE BIOPHOTONICS MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 72 ASIA-PACIFIC BIOPHOTONICS MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 73 CHINA BIOPHOTONICS MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 74 INDIA BIOPHOTONICS MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 75 JAPAN BIOPHOTONICS MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 76 SOUTH KOREA BIOPHOTONICS MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 77 AUSTRALIA BIOPHOTONICS MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 78 REST OF ASIA-PACIFIC BIOPHOTONICS MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 79 LAMEA BIOPHOTONICS MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 80 LATIN AMERICA BIOPHOTONICS MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 81 MIDDLE EAST BIOPHOTONICS MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 82 AFRICA BIOPHOTONICS MARKET, ($MILLION), GROWTH (%) 2014-2022TABLE 28
TABLE 83 AFFYMETRIX INC.: COMPANY SNAPSHOT
TABLE 84 AFFYMETRIX INC.: OPERATING SEGMENTS
TABLE 85 ANDOR TECHNOLOGY LTD: COMPANY SNAPSHOT
TABLE 86 ANDOR TECHNOLOGY LTD: OPERATING SEGMENTS
TABLE 87 CARL ZEISS AG: COMPANY SNAPSHOT
TABLE 88 CARL ZEISS AG: OPERATING SEGMENTS
TABLE 89 BECTON DICKINSON AND COMPANY: COMPANY SNAPSHOT
TABLE 90 BECTON DICKINSON AND COMPANY: OPERATING SEGMENTS
TABLE 91 FEI COMPANY: COMPANY SNAPSHOT
TABLE 92 FEI COMPANY: OPERATING SEGMENTS
TABLE 93 HAMAMATSU PHOTONICS K.K.: COMPANY SNAPSHOT
TABLE 94 HAMAMATSU PHOTONICS K.K.: OPERATING SEGMENTS
TABLE 95 LUMENIS LTD.: COMPANY SNAPSHOT
TABLE 96 LUMENIS LTD.: OPERATING SEGMENTS
TABLE 97 OLYMPUS CORPORATION: COMPANY SNAPSHOT
TABLE 98 OLYMPUS CORPORATION: OPERATING SEGMENTS
TABLE 99 PERKINELMER INC.: COMPANY SNAPSHOT
TABLE 100 PERKINELMER INC.: OPERATING SEGMENTS
TABLE 101 ZECOTEK PHOTONICS INC: COMPANY SNAPSHOT
TABLE 102 ZECOTEK PHOTONICS INC: OPERATING SEGMENTS

The biophotonics market is witnessing a high growth rate due to emergence of nanotechnology, development in biosensors, and availability of funds for R&D. Increased use of biophotonic devices in nonmedical application is expected to provide major opportunity for the growth of the market. The U.S. established the Biophotonics Technology Centre (BTC) for research of biophotonics-based devices, with the objective of increasing the use of biophotonics in medical field for treatment of cancer and other diseases.

By end user, medical diagnostics generated the highest revenue, and accounted for 68.5% in 2015. Technological advancements in the field of diagnostics, rise in incidences of chronic diseases, and increase in healthcare awareness are the key factors that fuel the growth of the biophotonics market. Others segment is expected to witness fastest growth over the forecast period.

Analytical sensing and biosensors are projected to show high growth rate during the forecast period, owing to the need for better methods for environmental monitoring and rapid pathogen detection. The biosensors industry is expanding to encompass nonclinical applications such as defense, environmental surveillance, and food manufacturing units.

North America accounted for the highest revenue in 2015 due to increase in the use of biophotonic devices for medical and non-medical applications. This has resulted in technological advancement and launch of new products by the key players of the market. Asia-Pacific is expected to maintain its dominant position over the forecast period.

Key players such as Affymetrix Inc.; Andor Technology Ltd.; Carl Zeiss AG; Becton, Dickinson and Company; FEI Company; Hamamatsu Photonics K.K.; Lumenis Ltd.; Olympus Corporation; PerkinElmer Inc.; and Zecotek Photonics Inc. are engaged in the process of product innovation, collaboration, and acquisition to further expand their services across various geographies.

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