futurechemical on GETTR : Biophotonics Industry
Size, Share, Demand & Growth by 2033
As per the latest market research conducted by FMI,...
Biophotonics Industry
Size, Share, Demand & Growth by 2033
As per the latest market research conducted by FMI,
the global biophotonics
industry is expected to record a CAGR of 11.3% from 2023 to 2033. In
2023, the market size is projected to reach a valuation of US$ 54,320.0
million. By 2033, the valuation is anticipated to reach US$ 1,58,457.0 million.
Increased product releases and approvals by regulatory
agencies to key players in the market are likely to boost market expansion over
the forecast period. For instance, a medical technology company called Kleresca
announced the introduction of a new rosacea treatment in August 2018.
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