Medical Fiber Optics Market

1
Global Medical Fiber Optics Market 2017 2025

• Published by Accurize Market Research Pvt. Ltd.

2
Global Medical Fiber Optics Market is Estimated
to Reach 1.5 Billion by 2024

• Global Medical Fiber Optics Market report
  published by Accurize Market Research forecast
  that the global market is expected to reach 1.5
  billion by 2024 growing at a CAGR of 6 from
  2017 to 2025.
• By geography, the Asia Pacific and North America
  are expected to grow at a CAGR of XX and XX,
  respectively, during the forecast period.
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3
Medical Fiber Optics Market

• The rising popularity of fiber-optics to drive
  the growth of the global market
• Some of the factors driving the growth of the
  global medical fiber optics market are increasing
  development in the field of fiber optic
  technology, the rising popularity of fiber-optic
  transillumination in dentistry, need for
  miniaturized medical devices, and growing demand
  for minimally invasive procedures.
• Additionally, enhancement in the field of fiber
  optics would provide future scope in the
  forecasted period. Though, the risk associated
  with the intensity of light could hamper the
  progress of the market.

4
market segmentation

• The global medical fiber optics market is split
  into application and geography. The application
  segment is divided into laser fiberoptic,
  fiberoptic sensors, endoscopes, fiberoptics
  surgical lights, fiberoptic dental lights, and
  others.
• North America, Europe, Asia-Pacific and the Rest
  of the world (RoW) are the geographical segments
  of the market.
• North America is further bifurcated into
  countries namely U.S., Canada, and Mexico.
• Europe covers countries like Russia, the U.K.,
  Germany, France, Italy and the Rest of Europe.
• Asia-Pacific countries include China, India,
  Japan, South Korea and Rest of Asia Pacific. Rest
  of the World (RoW) covers South America, Africa,
  and the Middle East.

5
market segmentation

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• "North America dominated the global market with
  the highest market share over the forecast
  period", says Accurize
• North America held the majority of share with
  41.1, followed by Europe with 31.6 in the year
  2017.
• In terms of growth, Asia-Pacific is anticipated
  to dominate the market with the fastest CAGR
  during the forecast period, owing to increasing
  per capita income, technological advancements,
  improving healthcare infrastructure, and a rise
  in demand for minimally invasive procedures.

6
Top players in the market

• Major companies operating in the market include
• Coherent, Inc
• Schott AG
• ientific Corporation
• Timbercon, Inc
• IPG Photonics Corporation
• American Medical System LLC
• LEONI AG
• ROFIN-SINAR Technologies Inc
• Vitalcor, Inc
• and TRUMPF Group

7
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