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Report Highlights
The global market for biophotonics was valued at $62.6 billion in 2024. It’s expected to grow from $68.4 billion in 2025 to reach $113.1 billion by the end of 2030, at a compound annual growth rate (CAGR) of 10.6% from 2025 to 2030.
Report Includes
- 43 data tables and 37 additional tables
- An overview of the current and future global markets and technologies for biophotonics
- An analysis of the global market trends with market revenue data from 2024, estimates for 2025, forecasts for 2027, 2029, and projected CAGRs through 2030
- Estimates of the size and revenue prospects of the global market, along with a market share analysis by application, technique, end use, and region
- Facts and figures pertaining to the market dynamics, technological advances, regulations, and the impact of macroeconomic factors
- Analysis of the industry structure, including companies’ market shares and rankings, strategic alliances, M&A activity and a venture funding outlook
- Overview of sustainability trends and ESG developments, with emphasis on consumer attitudes, and the ESG scores and practices of leading companies
- Profiles of the leading companies, including Thermo Fisher Scientific Inc., BD, Zeiss Group, Hamamatsu Photonics K.K., and Oxford Instruments plc.
Report Scope
This report analyzes the biophotonics market across various applications, techniques and end uses, offering insights into key trends and growth drivers. The study focuses on such applications as see-through imaging, microscopy, biosensing/analytic sensing, spectro molecular imaging analysis, light therapy, surface imaging and inside imaging, assessing their adoption across diverse end-use segments, including medical diagnostics, medical therapeutics and test components.
The report provides a comprehensive regional analysis covering North America; Europe; Asia-Pacific; and the Rest of the World (RoW), which includes Latin America, the Middle East and Africa. It evaluates the market dynamics, including drivers, challenges and emerging trends, while highlighting innovations in material design and performance enhancement. The study concludes with an analysis of major market players and their offerings. The base year for the study is 2024, with projections for the years 2025 through 2030, including compound annual growth rate (CAGR) for the forecast period.
Report Synopsis
| Report Metrics | Details | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2024 | ||||||||||||||||
| Forecast period considered | 2025-2030 | ||||||||||||||||
| Base year market size | $62.6 Billion | ||||||||||||||||
| Market size forecast | $113.1 Billion | ||||||||||||||||
| Growth rate | CAGR of 10.6% from 2025 to 2030 | ||||||||||||||||
| Units considered | $ Millions | ||||||||||||||||
| Segments covered | By Application, Technique, End Use and Region | ||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific and the Rest of the World (Latin America and the Middle East and Africa) | ||||||||||||||||
| Countries covered | U.S., Canada, Germany, U.K., France, Japan, China and India | ||||||||||||||||
| Key Market Drivers |
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| Companies studied |
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Frequently Asked Questions (FAQs)
- By Application.
- By Technique.
- By End Use.
- By Region.
Analyst Credentials
Austin Samuel – Consultant-Technology Research
Austin Samuel is an experienced professional with nearly a decade of industry experience in research and analysis, specializing in Information Technology. He has conducted extensive research and provided comprehensive syndicate and custom reports on the developments and application of information technology across multiple industries for international and domestic clients. He exhibits exceptional analytical abilities and strategic thinking and has contributed significantly to the team. Academically, Austin holds a master’s degree in Marketing and IT and a bachelor’s degree in Electrical and Electronics.
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Report Highlights
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 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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