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.
The North American market for biophotonics expected to grow from $35.3 billion in 2025 to reach $52.1 billion by the end of 2030, at a CAGR of 8.1% from 2025 to 2030.
The Asia-Pacific market for biophotonics expected to grow from $14.6 billion in 2025 to reach $31.4 billion by the end of 2030, at a CAGR of 16.6% from 2025 to 2030.
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 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.
Table of Contents
Chapter 1 Executive Summary
Market Outlook
Scope of Report
Market Summary
Market Dynamics and Growth Factors
Emerging Technologies
Segmental Analysis
Regional Analysis
Conclusion
Chapter 2 Market Overview
Overview
Future Outlook
Macroeconomic Factors Analysis
Impact of the Ongoing Tariff Imposed by the U.S. on the Biophotonics Market
Value Chain Analysis
Material Development
Manufacturing and Processing
Distribution and Logistics
Application and Integration
Ongoing Support and Performance Optimization
Porter's Five Forces Analysis
Bargaining Power of Suppliers
Bargaining Power of Consumers
Threat of New Entrants
Level of Competitiveness
Availability of Substitutes
Chapter 3 Market Dynamics
Key Takeaways
Market Drivers
Growing Prevalence of Chronic Diseases
Rising Demand for Non-Invasive Diagnostics
Advances in Optical Technologies
Market Restraints
High Cost of Biophotonic Equipment
Complexity in Technology Integration
Market Opportunities
Advances in Nanotechnology
Expansion into Non-Medical Applications
Increasing Penetration of Personalized Medicine and Precision Healthcare
Chapter 4 Regulatory Landscape
Overview
Regulatory Scenario in Biophotonics Market
Chapter 5 Emerging Technologies and Patent Analysis
Overview
Emerging Technologies
Device Miniaturization
Advanced Spectroscopy Techniques
Bio-Inspired Photonics
Patent Analysis
Regional Patterns
Key Findings
Chapter 6 Market Segmentation Analysis
Segmentation Breakdown
Market Breakdown by Application
Key Takeaways
See-Through Imaging
Microscopy
Biosensing/Analytic Sensing
Spectro Molecular Imaging
Light Therapy
Surface Imaging
Inside Imaging
Market Breakdown by Technique
Key Takeaways
In Vitro
In Vivo
Market Breakdown by End Use
Key Takeaways
Medical Diagnostics
Medical Therapeutics
Test Components
Others
Geographic Region
Market Breakdown by Region
Key Takeaways
North America
Europe
Asia-Pacific
Rest of the World
Chapter 7 Competitive Landscape
Key Takeaways
Market Ecosystem Analysis
Material Suppliers
Biophotonics Equipment Manufacturers
Original Equipment Manufacturers
Analysis of Key Companies
Thermo Fisher Scientific Inc.
BD
Zeiss Group
Strategic Analysis
Recent Developments
Chapter 8 Environmental, Social and Governance Perspective