Press release
Optical Fibers in Endoscopy Market Expected to Reach $1.5 Billion by 2030
Optical fibers in endoscope are narrow tubes of fibers used to transmit light into the patient's body. Non-coherent fiber optic bundles transmit the light to a specific area, whereas coherent fiber optic bundle transmits the final image, which is then examined by the doctor.๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ :
BOSTON SCIENTIFIC CORPORATION
COGENTIX MEDICAL
INC. (VISION SCIENCES INC.)
FUJIFILM HOLDINGS CORPORATION
HAPPERSBERGER OTOPRONT GMBH
KARL STORZ GMBH & CO. KG
OLYMPUS CORPORATION
STRAUSS SURGICAL
VIMEX SP. Z O.O (VIMEX ENDOSCOPY)
XION GMBH
PENTAX MEDICAL (HOYA CORPORATION)
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ https://www.alliedmarketresearch.com/request-sample/4461
๐๐๐ ๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐
By material, the glass optic fibers (GOF) in endoscopy segment was the highest contributor to the market in 2020.
By type, the flexible endoscopy segment was the highest contributor to the market in 2020.
Region wise, North America garnered the largest revenue share in 2020, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.
๐ ๐จ๐ซ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ https://www.alliedmarketresearch.com/purchase-enquiry/4461
Surge in innovations in healthcare product offerings and increase in cases of chronic diseases further generate lucrative growth opportunities for the market.
The optical fibers in endoscopy market is segmented into material, type, and region. On the basis of by material, the market is categorized into glass optical fibers in endoscopy and plastic optical fibers in endoscopy. By type, it is fragmented into rigid endoscopy and flexible endoscopy.
The glass optic fibers (GOF) in endoscopy segment dominated the market in 2020, and this trend is expected to continue during the forecast period, owing to increase in number of product approvals, advancements in R&D activities in pharmaceutical & medical device industries, and surge in adoption of optical fibers in endoscopy products.
North America accounted for a majority of the global optical fibers in endoscopy industry share in 2020, and is anticipated to remain dominant during the forecast period. This is attributed to rise in production of optical fibers in endoscopy, increase in number of approvals for endoscopy products, rise in presence of key players, and surge in development of technology for healthcare in the region. Asia-Pacific is anticipated to witness lucrative growth of optical fibers in endoscopy industry, owing to increase in number of colorectal cancer cases, rise in demand for endoscopy procedures, and surge in healthcare expenditures.
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