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Biophotonics Market Continues to Expand with Becton, Dickinson & Co., Affymetrix

08-05-2021 08:43 AM CET | Health & Medicine

Press release from: Coherent Market Insights

Biophotonics is a new field of study that encompasses all light-based technology used in biology and medicine. It is also known as the research and development of optical techniques, especially for imaging, in order to understand the behaviors of biological cells, molecules, and tissues. Agriculture, life science, medicine, and environmental science are some of the major application areas of biophotonics. To summarize, biophotonics is an interdisciplinary discipline that studies the association of electromagnetic radiation with biological materials used in living organisms, such as molecules, subcellular structures, cells, and tissues.

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The increasing number of research initiatives aimed at incorporating biophotonic-based 3D imaging technology in life science is expected to boost market demand. In June 2019, a group of Southampton researchers presented imaging technology at a mini-symposium on 3D imaging in the life sciences. “The Southampton Bio-imaging Symposium in January was a great success in highlighting the general imaging expertise,” said the Symposium organizer and head of the Biophotonics Group at the IfLS (Institute for Life Sciences). As a result, market development is expected to be supported by the increasing number of such research initiatives aimed at incorporating biophotonic-based imaging technologies.

Biophotonic technology is increasingly being used in agriculture for crop testing, and is gaining acceptance in the market. The two main applications in agriculture, microfluidics and tracking techniques, are expected to drive market growth over the forecast period. Growing demand for GMO crops, as well as their use in biotechnology laboratories and research institutes, is expected to propel the market further. Moreover, advances in biosensors, as well as increased applications of light therapy and microscopy, are expected to lead to the growth of the global biophotonic market.

Major Market Competitors: Becton, Dickinson & Co., Affymetrix Inc., Carl Zeiss, Olympus America, Andor Technology, and Hamamatsu Photonics

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