Biophotonics Market Overview, Growth, Trends, Demand Forecast Report

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The global biophotonics market is growing significantly due to advancement in optical technology, high incidences of chronic diseases, and increasing demand for minimally invasive surgeries. The massive unexplored biophotonics market in the emerging economies and large number of non-medical applications of biophotonics are creating ample opportunities for the growth of the global biophotonics market. The advanced research and development facilities and new product development by the key market players are propelling the demand for cost effective biophotonics instruments, thus fuelling the growth of the global biophotonics market.

The global biophotonics market can be categorized on the basis of imaging type and applications. Based on imaging type, the global biophotonics market can be categorized as microscopy, spectro molecular market, inside imaging, see-through imaging, light therapy, biosensors, surface imaging and other analytics sensing. The see-through imaging leads the global biophotonics market, among all the imaging types; whereas, biosensors are expected to grow at the fastest rate in the coming years.
Asia-pacific is the fastest growing region in the global biophotonics market. The major reasons for the fastest growth of the Asia-Pacific biophotonics market are increasing research and development activities, growing usage of biophotonics techniques in food industry, and up surging healthcare expenditure. Moreover, the biophotonics market in the region is growing rapidly, due to high prevalence of chronic diseases, increasing geriatric population and improving healthcare infrastructure in the emerging economies, such as India and China.
The major players operating in the global biophotonics market are Hamamatsu Photonics K.K., Becton Dickinson and Company, PerkinElmer Inc., Oxford Instruments PLC, OLYMPUS CORPORATION, Affymetrix Inc., and Carl Zeiss Stiftung. 
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