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Biophotonics Global Market Report 2021: COVID-19 Growth and Change to 2030

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    Report

  • 175 Pages
  • September 2021
  • Region: Global
  • The Business Research Company
  • ID: 5446172
Biophotonics Global Market Report 2021: COVID-19 Growth and Change to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global biophotonics market.







This report focuses on the biophotonics market which is experiencing strong growth. The report gives a guide to the biophotonics market which will be shaping and changing our lives over the next ten years and beyond, including the market's response to the challenge of the global pandemic.

Reasons to Purchase


  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:


Where is the largest and fastest growing market for biophotonics? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Biophotonics market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider biophotonics market, and compares it with other markets.

  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The biophotonics market section of the report gives context. It compares the biophotonics market with other segments of the biophotonics market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, biophotonics market indicators comparison.

Scope


Markets Covered:


  • By Product Technology: In-Vitro; In-Vivo
  • By Application: See-Through Imaging; Inside Imaging; Spectromolecular; Surface Imaging; Microscopy; Light Therapy; Biosensors; Others
  • By End Use: Diagnostics; Therapeutic; Tests; Others

Companies Mentioned:


Thermo Fisher Scientific; OPGEN; NU Skin Enterprises; IPG Photonics Corp.; Idex Corp

Countries:


Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions:


Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series:


Five years historic and ten years forecast.

Data:


Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data segmentations:


Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing:


Data and analysis throughout the report is sourced using end notes.


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Frequently Asked Questions about the Global Biophotonics Market

What is the estimated value of the Global Biophotonics Market?

The Global Biophotonics Market was estimated to be valued at $45.7 billion in 2021.

What is the growth rate of the Global Biophotonics Market?

The growth rate of the Global Biophotonics Market is 8.4%, with an estimated value of $63.0 billion by 2025.

What is the forecasted size of the Global Biophotonics Market?

The Global Biophotonics Market is estimated to be worth $63.0 billion by 2025.

Who are the key companies in the Global Biophotonics Market?

Key companies in the Global Biophotonics Market include Thermo Fisher Scientific, OPGEN, NU Skin Enterprises, IPG Photonics Corp., Idex Corp, Toshiba, Procter & Gamble, Horiba and Roche Group.

Table of Contents

1. Executive Summary2. Biophotonics Market Characteristics3. Biophotonics Market Trends and Strategies4. Impact Of COVID-19 On Biophotonics
5. Biophotonics Market Size and Growth
5.1. Global Biophotonics Historic Market, 2015-2020, $ Billion
5.1.1. Drivers Of the Market
5.1.2. Restraints On the Market
5.2. Global Biophotonics Forecast Market, 2020-2025F, 2030F, $ Billion
5.2.1. Drivers Of the Market
5.2.2. Restraints On the Market
6. Biophotonics Market Segmentation
6.1. Global Biophotonics Market, Segmentation by Product Technology, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • In-Vitro
  • In-Vivo
6.2. Global Biophotonics Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • See-Through Imaging
  • Inside Imaging
  • Spectromolecular
  • Surface Imaging
  • Microscopy
  • Light therapy
  • Biosensors
  • Others
6.3. Global Biophotonics Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Diagnostics
  • Therapeutic
  • Tests
  • Others

7. Biophotonics Market Regional and Country Analysis
7.1. Global Biophotonics Market, Split by Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
7.2. Global Biophotonics Market, Split by Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
8. Asia-Pacific Biophotonics Market
8.1. Asia-Pacific Biophotonics Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Biophotonics Market, Segmentation by Product Technology, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
8.3. Asia-Pacific Biophotonics Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
9. China Biophotonics Market
9.1. China Biophotonics Market Overview
9.2. China Biophotonics Market, Segmentation by Product Technology, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion
9.3. China Biophotonics Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion
10. India Biophotonics Market
10.1. India Biophotonics Market, Segmentation by Product Technology, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
10.2. India Biophotonics Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
11. Japan Biophotonics Market
11.1. Japan Biophotonics Market, Segmentation by Product Technology, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
11.2. Japan Biophotonics Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
12. Australia Biophotonics Market
12.1. Australia Biophotonics Market, Segmentation by Product Technology, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
12.2. Australia Biophotonics Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
13. Indonesia Biophotonics Market
13.1. Indonesia Biophotonics Market, Segmentation by Product Technology, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
13.2. Indonesia Biophotonics Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
14. South Korea Biophotonics Market
14.1. South Korea Biophotonics Market, Segmentation by Product Technology, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
14.2. South Korea Biophotonics Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
15. Western Europe Biophotonics Market
15.1. Western Europe Biophotonics Market Overview
15.2. Western Europe Biophotonics Market, Segmentation by Product Technology, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
15.3. Western Europe Biophotonics Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
16. UK Biophotonics Market
16.1. UK Biophotonics Market, Segmentation by Product Technology, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
16.2. UK Biophotonics Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
17. Germany Biophotonics Market
17.1. Germany Biophotonics Market, Segmentation by Product Technology, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
17.2. Germany Biophotonics Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
18. France Biophotonics Market
18.4. France Biophotonics Market, Segmentation by Product Technology, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
18.5. France Biophotonics Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
19. Eastern Europe Biophotonics Market
19.1. Eastern Europe Biophotonics Market Overview
19.2. Eastern Europe Biophotonics Market, Segmentation by Product Technology, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
19.3. Eastern Europe Biophotonics Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
20. Russia Biophotonics Market
20.1. Russia Biophotonics Market, Segmentation by Product Technology, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
20.2. Russia Biophotonics Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
21. North America Biophotonics Market
21.1. North America Biophotonics Market Overview
21.2. North America Biophotonics Market, Segmentation by Product Technology, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
21.3. North America Biophotonics Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
22. USA Biophotonics Market
22.1. USA Biophotonics Market Overview
22.2. USA Biophotonics Market, Segmentation by Product Technology, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
22.3. USA Biophotonics Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
23. South America Biophotonics Market
23.1. South America Biophotonics Market Overview
23.2. South America Biophotonics Market, Segmentation by Product Technology, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
23.3. South America Biophotonics Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
24. Brazil Biophotonics Market
24.1. Brazil Biophotonics Market, Segmentation by Product Technology, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
24.2. Brazil Biophotonics Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
25. Middle East Biophotonics Market
25.1. Middle East Biophotonics Market Overview
25.2. Middle East Biophotonics Market, Segmentation by Product Technology, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
25.3. Middle East Biophotonics Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
26. Africa Biophotonics Market
26.1. Africa Biophotonics Market Overview
26.2. Africa Biophotonics Market, Segmentation by Product Technology, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
26.3. Africa Biophotonics Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
27. Biophotonics Market Competitive Landscape and Company Profiles
27.1. Biophotonics Market Competitive Landscape
27.2. Biophotonics Market Company Profiles
27.2.1. Thermo Fisher Scientific
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. OPGEN
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. NU Skin Enterprises
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. IPG Photonics Corp.
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Idex Corp
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
28. Key Mergers and Acquisitions in the Biophotonics Market29. Biophotonics Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. About the Publisher
30.5. Copyright and Disclaimer

Executive Summary

Major players in the biophotonics market are Thermo Fisher Scientific, OPGEN, NU Skin Enterprises, IPG Photonics Corp., Idex Corp, Toshiba, Procter & Gamble, Horiba, and Precision Photonics Corp.

The global biophotonics market is expected to grow from $41.76 billion in 2020 to $45.67 billion in 2021 at a compound annual growth rate (CAGR) of 9.4%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $63.04 billion in 2025 at a CAGR of 8%.

The biophotonics market consists of revenues generated from the sales of biophotonic instruments combining optics, nanotechnology, photonics, and biotechnology. Biophotonics is the combination of photonics and biology and is a multidisciplinary research field embracing all light-based technologies applied to life sciences and medicine. It refers to the use of photonic or optical means to examine, control, and track biological processes at various levels of biology: cellular, tissue, molecular, and organism level.

The biophotonics market covered in this report is segmented by product technology into in-vitro, in-vivo. It is also segmented by application into see-through imaging, inside imaging, spectro molecular, surface imaging, microscopy, light therapy, biosensors, others and by end-use into diagnostics, therapeutic, tests, others.

The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

High prices of biophotonic-based devices or instruments are anticipated to limit the growth of the biophotonics market. The price of biophotonics is comparatively higher than that of conventional instruments. They are considered as more complex attributing to the integration of biological units and the generation, manipulation, and detection of light units, thereby rising their price. This will negatively impact the biophotonics market growth.

In August 2018, Gooch & Housego (G&H), a photonics technology company engaged in manufacturing optical components and systems, announced the acquisition of medical device firm Integrated Technologies Ltd. (ITL) for an amount of $27.8 million (£22 million). This acquisition is expected to double Gooch & Housego’s revenue of life science business and accelerate the company’s value chain. Integrated Technologies Ltd (ITL) was established in 1977 and designs, develops, and manufactures life-saving medical technologies, analytical instruments, and diagnostic devices.

The increasing demand for minimally invasive surgeries is contributing to the growth of the biophotonics market. Optical engineering and imaging technologies are playing a vital role in the evolving field of minimally invasive surgeries by enabling to visualize the manipulation of tissue at remote internal sites. According to the plastic surgery statistics report 2019, the minimally invasive cosmetic procedures reached 16.3 million in 2019, an increase of 2% over the previous year. Therefore, the surge in the number of minimally invasive surgeries annually worldwide is generating higher revenues for the biophotonics market.

The launch of new advanced techniques in the field of biotechnology is a major trend shaping the biophotonics market. For instance, a team of scientists at the University of St. Andrews (Scotland) developed a fluorescence microscopy technique that allows imaging of delicate biological samples with low damage in neuroscience and biomedicine. This low damage optical technique is projected to transform the world of biomedicine during the forthcoming years. Hence, the development of new and advanced techniques is gaining significant popularity in the biophotonics market.

The countries covered in the market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Thermo Fisher Scientific
  • OPGEN
  • NU Skin Enterprises
  • IPG Photonics Corp.
  • Idex Corp
  • Toshiba
  • Procter & Gamble
  • Horiba
  • Precision Photonics Corp
  • Roche Group
  • GE
  • Philips
  • Affymetrix Inc.
  • Andor Technology Ltd.
  • Becton Dickinson & Co.
  • Carl Zeiss AG
  • FEI Company
  • Hamamatsu Photonics K.K.
  • Lumenis Ltd.
  • Olympus Corporation
  • PerkinElmer Inc.
  • Zecotek Photonics Inc.
  • Zenalux Biomedical Inc.
  • Glenbrook Technologies Inc.
  • Oxford Instruments Plc

Methodology

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