Global Biophotonics Market Expected to Reach Highest CAGR By 2030

The global biophotonics market is expected to reach USD 149 billion by 2030, at a CAGR of 12% during the forecast period 2022 to 2030. The biophotonics market has grown due to the growing elderly population, increasing prevalence of chronic diseases, expanding government efforts, rising healthcare reforms, and integration of IT into healthcare applications.