This report by ElectroniCast Consultants provides the research findings of our study of the worldwide consumption of packaged Light Emitting Diodes (LEDs), in Medical and Biophotonic Devices. This report provides global market data covering the years 2011-2018.
The market data are segmented into the following geographic regions, plus a Global summary:
The LED market is segmented into the following sub-application categories:
The market data for are also segmented by the following colors (type):
Compared to previous ElectroniCast studies on this subject matter:
Previous studies included the use LEDs for test/measurement, which were not necessarily consumed in medical and/or biophotonics; however, this study report only covers medical and/or biophotonic applications (devices).
The term biophotonics denotes a combination of biology and photonics, with photonics being the science and technology of generation, manipulation, and detection of photons, quantum units of light.
Biophotonics has become the established general term for all techniques that deal with the interaction between biological items and photons. This refers to emission, detection, absorption, reflection, modification, and creation of radiation from biomolecular, cells, tissues, organisms and biomaterials. Areas of application are life science, medicine, agriculture, and environmental science.
Similar to the differentiation between "electricand "electronics" a difference can be made between applications, which use light mainly to transfer energy via light (such as therapy or surgery) and applications which excite matter via light and transfer information back to the operator (like diagnostics). In most cases the term biophotonics is only referred to the second case; however, in this ElectroniCast study, we cover both uses of the LED packaged chips in medical and/or biophotonics:
LED Level Quantified in the ElectroniCast Study Below, are four levels (or "food chain") of LEDs. For the purposes of THIS ElectroniCast study, we quantify and provide a market forecast for "Level 2"
This report provides the 2011-2018 market data by the following functions:
The value is determined by multiplying the number of units by the average selling price (ASP). The ASPs are based on the price of the packaged LED at the initial factory level (prior to FOB - Free On Board). The value is then based on the end-use application and the end-use region.
This study is based on analysis of information obtained continually over the past several years, but updated through the middle of July 2012. During this period, ElectroniCast analysts performed interviews with authoritative and representative individuals in the following sectors relative to the use of LEDs: medical, science, bio-photonic, display industry, test/measurement, instrumentation, R&D, university, military defense and government. The interviews were conducted principally with:
The interviews covered issues of technology, R&D support, pricing, contract size, reliability, documentation, installation/maintenance crafts, standards, supplier competition and other topics.
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