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Medical Fiber Optics Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

Medical Fiber Optics Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Medical Fiber Optics Market: By Fiber Type Analysis ( UV- Silica, Near Infrared(NIR) Silica, Metal- Coated Silica, Plastic Clad Silica, Polycrystalline Fiber, Polymer Optical), By Application (Image Transmission, Illumination, Laser Signal Delivery, Fiber Optic Confocal Scanning, Laser soldering), By Usage (Reusable and Disposable), and Geography.

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Report

Description

Medical Fiber Optics Market will be valued at USD 1,036.5 million in 2021. It is expected to reach a value of USD 1,686.3 million by 2028, growing at a CAGR of 7.2% during the forecast period from 2022 to 2028. The global market provides a detailed overview of the Medical Fiber Optics Market, which has been segmented by fiber type analysis, application, and usage. By fiber type analysis, the medical fiber optics market has been segmented into UV- Silica, Near Infrared (NIR) Silica, Metal- Coated Silica, Plastic Bottle Clad Silica, Polycrystalline Fiber, and Polymer Optical. The UV- Silica segment is likely the most significant and fastest-growing segment in fiber type analysis. By application, the medical fiber optics market has been segmented into Image Transmission, Illumination, Laser Signal Delivery, Fiber Optic Confocal Scanning, and Laser soldering. The illumination segment dominated the market in the forecast period 2022-2028. Based on the usage, the medical fiber optics are segmented into Reusable and Disposable. According to precision business insights, the reusable segment is predicted to register the fastest growth rate during the forecast period.

Key developments:

In November 2020, Schott AG launched the new and enhanced Coldvision MC-LS LED light source. It fulfills the standards of material science, microscopy, and machine vision applications at a reasonable price.

 

Medical Fiber Optics Market

MARKET SUMMARY
-
7.2%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 7.2%
  • Largest Market– North American
  • Fastest Growing Market– Asia-Pacific

Medical Fiber Optics Market

  • The medical fiber optics market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The medical fiber optics market  is segmented based on fiber type analysis, application, usage and geography.
Key Players
  • SCHOTT
  • LEONI
  • Newport Corporation
  • Coherent Inc.
  • Molex Incorporated
Medical Fiber Optics Market Drivers

Most minimally invasive operations use fiber optics, which are perfect for minor incisions since they are lightweight and flexible. The demand for minimally invasive procedures has increased as disorders such as kidney stones, cancer, arthritis, and cardiovascular diseases have increased globally.

North American Got Significant Share

Medical Fiber Optics Market

North American market is expected to witness the largest market share during the forecast period.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
Key

Features of the Report

  • The Medical fiber optics market  provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The Medical fiber optics market  covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The Medical fiber optics market  outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The Medical fiber optics market  tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The Medical fiber optics market  provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Medical Fiber Optics Market Segmentation

segmentation-block-image

Fiber Type

    • UV- Silica
    • Near Infrared(NIR) Silica
    • Metal- Coated Silica
    • Plastic Clad Silica
    • Polycrystalline Fiber
    • Polymer Optical
segmentation-block-image

Application

    • Image Transmission
    • Illumination
    • Laser Signal Delivery
    • Fiber Optic Confocal Scanning
    • Laser soldering
segmentation-block-image

Usage

    • Reusable
    • Disposable
segmentation-block-image

By Geography

    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • MEA
Location

GEOGRAPHY

Frequently Asked Questions

The medical fiber optics market is projected to expand at a CAGR of 7.2% during the forecast period

The major players in the global medical fiber optics market are SCHOTT, LEONI, Newport Corporation, Coherent Inc., Molex Incorporated, Integra LifeSciences Holdings Corporation, Fiberoptics Technology Incorporated, Timbercon, and Gulf Fiberoptics.

 

North American is the fastest-growing region for medical fiber optics market

Report

Table Of Content

1. Executive Summary
2. Global Medical Fiber Optics Market Introduction
2.1. Global Medical Fiber Optics Market – Taxonomy
2.2. Global Medical Fiber Optics Market –Definitions
2.2.1. By Fiber Type
2.2.2. By Application
2.2.3. By Usage
3. Global Medical Fiber Optics Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Medical Fiber Optics Market Dynamic Factors – Impact Analysis
4. Global Medical Fiber Optics Market Analysis,2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis,2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Medical Fiber Optics Market, By Fiber Type, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)
5.1. UV- Silica
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Near Infrared(NIR) Silica
5.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Metal- Coated Silica
5.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Plastic Clad Silica
5.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Polycrystalline Fiber
5.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
5.6. Polymer Optical
5.6.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)
5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.6.3. Market Opportunity Analysis
6. Global Medical Fiber Optics Market Forecast, By Application, 2017 – 2021 and Forecast, 2021 – 2027, Revenue (USD Mn)
6.1. Image Transmission
6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Illumination
6.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Laser Signal Delivery
6.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Fiber Optic Confocal Scanning
6.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Laser soldering
6.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
7. Global Medical Fiber Optics Market Forecast, By Usage, 2017 – 2021 and Forecast, 2021 – 2027, Revenue (USD Mn)
7.1. Reusable
7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Disposable
7.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
8. Global Medical Fiber Optics Market Forecast, By Region, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)
8.1. North America
8.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Europe
8.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Asia-Pacific
8.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Latin America
8.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Middle East and Africa
8.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Global Medical Fiber Optics Market – Opportunity Analysis Index, By Fiber Type, By Application, By Usage and Region, 2022 – 2028
9. North America Medical Fiber OpticsMarketAnalysis,2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)
9.1. Fiber Type Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.1.1. UV- Silica
9.1.2. Near Infrared(NIR) Silica
9.1.3. Metal- Coated Silica
9.1.4. Plastic Clad Silica
9.1.5. Polycrystalline Fiber
9.1.6. Polymer Optical
9.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Image Transmission
9.2.2. Illumination
9.2.3. Laser Signal Delivery
9.2.4. Fiber Optic Confocal Scanning
9.2.5. Laser soldering
9.3. Usage Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.3.1. Reusable
9.3.2. Disposable
9.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.4.1. USA
9.4.2. Canada
9.5. North America Medical Fiber Optics Market – Opportunity Analysis Index, By Fiber Type, By Application, By Usage and Country, 2022 – 2028
9.6. North America Medical Fiber Optics Market Dynamics – Trends
10. Europe Medical Fiber Optics Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)
10.1. Fiber Type Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.1.1. UV- Silica
10.1.2. Near Infrared(NIR) Silica
10.1.3. Metal- Coated Silica
10.1.4. Plastic Clad Silica
10.1.5. Polycrystalline Fiber
10.1.6. Polymer Optical
10.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Image Transmission
10.2.2. Illumination
10.2.3. Laser Signal Delivery
10.2.4. Fiber Optic Confocal Scanning
10.2.5. Laser soldering
10.3. Usage Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Reusable
10.3.2. Disposable
10.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.4.1. Germany
10.4.2. UK
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Russia
10.4.7. Poland
10.4.8. Rest of Europe
10.5. Europe Medical Fiber Optics Market – Opportunity Analysis Index, By Fiber Type, By Application, By Usage and Country,2022 – 2028
10.6. Europe Medical Fiber Optics Market Dynamics – Trends
11. Asia-Pacific Medical Fiber Optics Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)
11.1. Fiber Type Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.1.1. UV- Silica
11.1.2. Near Infrared(NIR) Silica
11.1.3. Metal- Coated Silica
11.1.4. Plastic Clad Silica
11.1.5. Polycrystalline Fiber
11.1.6. Polymer Optical
11.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Image Transmission
11.2.2. Illumination
11.2.3. Laser Signal Delivery
11.2.4. Fiber Optic Confocal Scanning
11.2.5. Laser soldering
11.3. Usage Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Reusable
11.3.2. Disposable
11.4. Country Analysis2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.4.1. Japan
11.4.2. China
11.4.3. India
11.4.4. ASEAN
11.4.5. Australia & New Zealand
11.4.6. Rest of Asia-Pacific
11.5. Asia-Pacific Medical Fiber Optics Market – Opportunity Analysis Index, By Fiber Type, By Application, By Usage and Country,2022 – 2028
11.6. Asia-Pacific Medical Fiber Optics Market Dynamics – Trends
12. Latin America Medical Fiber Optics Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)
12.1. Fiber Type Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.1.1. UV- Silica
12.1.2. Near Infrared(NIR) Silica
12.1.3. Metal- Coated Silica
12.1.4. Plastic Clad Silica
12.1.5. Polycrystalline Fiber
12.1.6. Polymer Optical
12.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Image Transmission
12.2.2. Illumination
12.2.3. Laser Signal Delivery
12.2.4. Fiber Optic Confocal Scanning
12.2.5. Laser soldering
12.3. Usage Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Reusable
12.3.2. Disposable
12.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Argentina
12.4.4. Rest of Latin America
12.5. Latin America Medical Fiber Optics Market – Opportunity Analysis Index, By Fiber Type, By Application, By Usage and Country,2022 – 2028
12.6. Latin America Medical Fiber Optics Market Dynamics – Trends
13. Middle East and Africa Medical Fiber Optics Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)
13.1. Fiber Type Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.1.1. UV- Silica
13.1.2. Near Infrared(NIR) Silica
13.1.3. Metal- Coated Silica
13.1.4. Plastic Clad Silica
13.1.5. Polycrystalline Fiber
13.1.6. Polymer Optical
13.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.2.1. Image Transmission
13.2.2. Illumination
13.2.3. Laser Signal Delivery
13.2.4. Fiber Optic Confocal Scanning
13.2.5. Laser soldering
13.3. Usage Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Reusable
13.3.2. Disposable
13.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.4.1. Gulf Cooperation Council (GCC) Countries
13.4.2. Israel
13.4.3. South Africa
13.4.4. Rest of MEA
13.5. MEA Medical Fiber Optics Market – Opportunity Analysis Index, By Fiber Type, By Application, By Usage and Country,2022 – 2028
13.6. MEA Medical Fiber Optics Market Dynamics – Trends
14. Competition Landscape 
14.1. Strategic Dashboard of Top Market Players
14.2. Company Profiles (Introduction, Financial Analysis, Application& Service Offerings, Key Developments, Strategies, and SWOT Analysis)
14.2.1. SCHOTT
14.2.2. LEONI
14.2.3. Newport Corporation
14.2.4. Coherent Inc.
14.2.5. Molex Incorporated
14.2.6. Integra LifeSciences Holdings Corporation
14.2.7. Fiberoptics Technology Incorporated
14.2.8. Timbercon
14.2.9. Gulf Fiberoptics
15. Research Methodology
16. Key Assumptions and Acronyms
Report

Company Profile

  • SCHOTT
  • LEONI
  • Newport Corporation
  • Coherent Inc.
  • Molex Incorporated
  • Integra LifeSciences Holdings Corporation
  • Fiberoptics Technology Incorporated
  • Timbercon
  • Gulf Fiberoptics

Description

Medical Fiber Optics Market will be valued at USD 1,036.5 million in 2021. It is expected to reach a value of USD 1,686.3 million by 2028, growing at a CAGR of 7.2% during the forecast period from 2022 to 2028. The global market provides a detailed overview of the Medical Fiber Optics Market, which has been segmented by fiber type analysis, application, and usage. By fiber type analysis, the medical fiber optics market has been segmented into UV- Silica, Near Infrared (NIR) Silica, Metal- Coated Silica, Plastic Bottle Clad Silica, Polycrystalline Fiber, and Polymer Optical. The UV- Silica segment is likely the most significant and fastest-growing segment in fiber type analysis. By application, the medical fiber optics market has been segmented into Image Transmission, Illumination, Laser Signal Delivery, Fiber Optic Confocal Scanning, and Laser soldering. The illumination segment dominated the market in the forecast period 2022-2028. Based on the usage, the medical fiber optics are segmented into Reusable and Disposable. According to precision business insights, the reusable segment is predicted to register the fastest growth rate during the forecast period.

Key developments:

In November 2020, Schott AG launched the new and enhanced Coldvision MC-LS LED light source. It fulfills the standards of material science, microscopy, and machine vision applications at a reasonable price.

 

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