With the support of micro photonics and Berlin Partner, sponsored by Coherent
In a published article in 2013, EPIC and TEMATYS highlighted 4 ways of growth for Biophotonics. If the annual average growth related to Photonics components (detectors, light engines, fibers, filters and other passive devices) is expected to reach 8 % yearly till 2017, average growth specific areas is varying from 30% to few %. We splitted the various business growth observed in 4 fundamentally different typologies of market introduction for Biophotonics technologies, each of them with its own dynamic.
1. Organic growth of the most mature markets
2. Increasing value of Biophotonic components in existing devices (Multimodal Imaging & sensing)
3. Substitution of incumbent technologies (Ultrasonic, NMR) by Biophotonics one
4. Creation of new application
Pictures copyright Berlin Partner für Wirtschaft und Technologie GmbH