Photonic Sensors and Detection Market Analysis

The global photonic sensors & detectors market is segmented and analyzed for demand and supply by product type into fiber optic sensors, image sensors, biophotonic sensors, and others, out of which, biophotonic sensors segment is projected to hold the highest growth over the forecast period owing to their increasing utilization in new medical applications and research laboratories. Besides this, the increasing number of research laboratories accredited worldwide for offering different testing services is also expected to drive the demand for biophotonic sensors, and in turn, boost the segment growth during the forecast period. According to the statistics by the International Laboratory Accreditation Cooperation (ILAC), about 85000 laboratories, almost 13000 inspection bodies, more than 600 proficiency testing providers and 250 reference material providers in the year 2021 were accredited by the ILAC MRA Signatories.

Our in-depth analysis of the global photonic sensors & detectors market includes the following segments