Biophotonics Market To Witness Increasing Revenue Growth During The Forecast Period 2021

The global biophotonics market should grow from $32.2 billion in 2016, by a five year compound annual growth rate (CAGR) of 10.8%, to reach nearly $53.8 billion in 2021.

Report Scope:

We have taken a very broad definition of biophotonics to encompass the application of light and other forms of radiant energy, ranging from visible range (e.g., far infrared at around 100 microns) to X-ray (e.g., hard X-rays), primarily to life sciences and medicine.

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Biophotonics in this report is broadly defined as the application and development of optical methodology such as imaging, diagnosing, etc., to study cells and tissues. Biophotonics refers to detection, emission, absorption, modification, reflection and creation of radiation from tissues, biomaterials, organisms and cells.

The report includes only those devices and products that are listed above, plus the segment of the global market and the products market of the above listed four regions. The scope of the report includes the following –
– Key market analysis.
– Market dynamics (drivers and restraints).
– Market estimation for a forecasted period of 2016 through 2021.
– Competitive developments and landscape.
– Regional analysis.
– Profiles of key market players.
– Patents.

Report Includes:

– An overview of the current and future characteristics of the market for the different biophotonics technologies
– Analyses of global market trends, with data from 2014, 2015, and projections of compound annual growth rates (CAGRs) through 2020.
– Coverage of areas where biophotonics plays a role ranging from molecular imaging and understanding the biophysics of photon interaction with cells and tissue, to the clinical realm of non-invasive diagnostics, drug delivery, and therapy
– A look at factors such as increasing demand of monitoring and diagnostic technologies, a growing trend of miniaturization, and organic growth associated with mature markets such as x-ray imaging
– A comprehensive view of the current and emerging technologies, the market drivers and restraints, competitive landscape and market revenues by technology across different geographies
– Profiles of major playes in the industry

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REASONS FOR DOING THE STUDY

Precision medicine is a rapidly growing area and biophotonics is gaining interest from the medical industry, as biophotonics will play a key role in precision medicine.
Biophotonics application extends from the basic molecular imaging and understanding biophysics of photon interaction with cells and tissue, to the clinical realm of
non-invasive diagnostics, drug delivery, and therapy. This area is also gaining much interest from the research community.

Biophotonics technologies have gained more traction in recent years, highly touted as more-effective, cost-saving technologies with applications ranging from medicine to life sciences research and beyond. Diagnostic and monitoring applications are paving the way for new optical technologies.

The increasing demand of monitoring and diagnostic technologies, the growing trend of miniaturization, organic growth associated with mature markets such as X-ray imaging, vision care, etc., emerging applications of biophotonics, and the increasing role of biophotonics components in medical, biological and agro devices are all key drivers of the growth of the biophotonics industry.

The report aims to present such issues that are driving and constraining market growth, as well as providing the quantitative assessment of the market that can help manufacturers and suppliers understand the growth potential of different market segments.

SCOPE OF REPORT

We have taken a very broad definition of biophotonics to encompass the application of light and other forms of radiant energy, ranging from visible range (e.g., far infrared at around 100 microns) to X-ray (e.g., hard X-rays), primarily to life sciences and medicine.

Biophotonics in this report is broadly defined as the application and development of optical methodology such as imaging, diagnosing, etc., to study cells and tissues.
Biophotonics refers to detection, emission, absorption, modification, reflection and creation of radiation from tissues, biomaterials, organisms and cells.

The report includes only those devices and products that are listed above, plus the segment of the global market and the products market of the above listed four regions.
The scope of the report includes the following:
– Key market analysis.
– Market dynamics (drivers and restraints).
– Market estimation for a forecasted period of 2016 through 2021.
– Competitive developments and landscape.
– Regional analysis.
– Profiles of key market players.
– Patents.

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