Knowledge Sourcing Intelligence announces the publication of a new report on “Biophotonics Market - Forecasts from 2018 to 2024" to their offering.

Biophotonics refers to the study of biological systems in naturally occurring or bioengineered materials with the aid of optical elements and processes. The facilitation of sensing cells and tissue is an important aspect of this study.

According to the report, the biophotonics market is projected to expand at an impressive CAGR of 9.57% over the forecast period 2018-2024. The biophotonics market is expected to surge over the coming years owing to the growing demand from the healthcare industry to develop advanced instruments that can aid in the early detection of diseases so the damage caused by them can be reduced. Moreover, the role of biophotonics in the detection of biochemical agents used in warfare and terror attacks will increase adoption in the defense sector, resulting in a further boost in market growth. The role of biophotonics to monitor environmental effects such as global warming will also boost the market growth By geography, North America and Europe are expected to hold a significant amount of share due to increasing investments by the government in research and development of new techniques to improve the quality of medical treatment and services. Furthermore, the research being conducted and investments being made in the R&D by the key players to expand the applications the field of biophotonics can cater to will continue to drive the biophotonics market in the coming years.

Some of the major players covered as part of the report are Affymetrix Inc., Becton, Dickinson and Company, Carl Zeiss Microimaging GmbH, FEI Company,Hamamatsu Photonics K.K., Newport Corporation, Ocean Optics, PerkinElmer Inc. and Andor Technology

This report segmented the biophotonics market on the basis of the following terms
• By End-User
o Medical
 Diagnostics
 Therapeutics
 Research
o Non-Medical

• By Application
o See-through
o Inside Imaging
o Surface Imaging
o Microscopy
o Light Therapy
o Biosensor
o Others

• By Technology
o In-Vivo
o In-Vitro

• By Geography
o North America
 USA
 Canada
 Mexico

o South America
 Brazil
 Argentina
 Others

o Europe
 Germany
 France
 United Kingdom
 Spain
 Others

o Middle East and Africa
 Saudi Arabia
 Israel
 UAE
 Others

o Asia Pacific
 Japan
 China
 India
 Australia
 Others

View a sample of the report or purchase a complete study at https://www.knowledge-sourcing.com/report/global-biophotonics-market

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Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm publishing research studies spanning across ten industry verticals. We have a combination of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. Driven by industry experts, the company provides syndicated reports, custom research, and consulting services. Our proprietary data analytics model blended with quality primary and secondary research data, assists in generating quality reports providing crucial insights to managers and decision-makers. The services offered by us help companies to gain the required competitive edge. Our expertise across 10 industries such as ICT, Chemicals, Semiconductors, Healthcare among others caters to diverse client needs.

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