Increasing adoption in Healthcare and non-healthcare sectors growing demand for accurate early diagnosis and growing ageing population are the major factors driving the biophotonics market. Advancement in the optical technologies in aerospace and telecom industry and funding for research and development activities would further drive the growth of biophotonics market. Organizations such as medical research council, the Robertson trust and BBSRC among others provide funding to conduct research and development activities. In addition, the demand for minimum invasion surgeries and the increasing awareness about food security are expected to drive biophotonics market over the forecast period. The growing demand for non-medical applications such as prevention of unauthorized access to data and to detect pathogen in agricultural food products would be the opportunities for the biophotonics market.
The report highlights the adoption of Bio-Photonics in LAMEA (Latin America, Middle East and Africa). Based on End User, the market is segmented into Tests & Components, Medical Therapeutics, Medical Diagnostics and Non-Medical Application. Based on Technology, the market is segmented into In-Vivo and In-Vitro. Based on Application, the market is segmented into See-Through Imaging, Microscopy, Inside Imaging, Spectro Molecular, Analytics Sensing, Light Therapy, Surface Imaging and Biosensors.
The countries included in the report are Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria and Rest of LAMEA.
Related Reports:
North America Biophotonics Market
Asia-Pacific Biophotonics Market
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