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Medical Fiber Optics Market Size, Share, Development, Growth and Demand Forecast to 2020
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Fiber optics has found its application in medical industry for years. The physical feature of fiber makes it a usual choice for different applications. Optical fibers are generally used in illumination and are of two basic types – multiple mode fiber and single mode fiber. Single mode fiber has a small core of approximately nine microns in diameter. It limits the transmitted light in the fiber, which minimizes scattering of light pulses. Conversely, multimode fiber has a large core size of about 50 to 62 microns in diameter and it propagates more than one mode of light.
Based on the application of fiber optics in medicals, the medical fiber optics market can be broadly categorized into ophthalmic lasers, X-ray imaging, clinical and lab diagnostics, light therapy, dental hand pieces, diagnostic instrumentation, endoscopy, and surgical microscopy. The physical and optical characteristics of optical fiber make it a usual choice for enormous applications in the medical field. The various types the medical fiber optics are fiber-optic surgical lights, laser fiber-optics, fiber-optic sensors, endoscopes and fiber-optic dental lights.
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Expanding application of fiber optics in the medical and healthcare industries has created new opportunities for medical fiber optics market in recent years. Increased applications of fiber optics for modestly persistent surgeries, continuous miniaturization of medical devices and increase in demand of advanced diagnostic technologies mainly in the developing market of Asia-Pacific are some of the factors driving the growth of global medical fiber optics market. The presence of diversified medical applications contributed heavily to the growth of medical fiber optics market in recent years.
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Some of the key competitors of medical fiber optics market are LEONI AG, Timbercon Inc., ROFIN-SINAR Technologies Inc., Timbercon Inc., Coherent Inc., Vitalcor Inc., TRUMPF Group, SCHOTT AG, American Medical System LLC (AMS), IPG Photonics, and Sunoptic Technologies Inc.
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