Press release
Medical Fiber Optics Market: Segment Snapshot and Table of Content (2016-2024)
Increasing occurrence of gastrointestinal diseases is playing a major role in pushing forward the overall market growth. In addition, incessant development in sensor-based component technology is expected to influence the demand for fiber optic in the near future. In 2015, the medical fiber optic market stood at US$ 916.7 Million in revenues.
The global Medical Fiber Optics market is segmented on the basis of expression system, product type, application, end user and region.
The global medical fiber optics market has been categorised into fiber type, application, by usage and end user.
Based on fiber type, demand for polymer optical is expected to gain traction during the forecast period. The polymer optical segment is projected to surpass market valuation of US$ 577 Million by 2024 riding on a robust CAGR of over 6%. Whereas, the pure silica segment which had a market valuation of over US$ 429 Million in 2015 is anticipated to grow at a moderate pace during the assessment period.
By application, the fiber scanning is expected to be the predominant segment, reflecting a 7.l% CAGR growth during the forecast period. In 2015, the segment accounted for over 15% share of the overall market standing at US$ 140.3 Million in terms of value. The image transmission is expected to emerge as the second largest segment and is estimated to cross US$ 270 Million by 2024.
By usage, reusable materials and components will account for a relatively higher valuation of the market as compared to disposable usage type. In addition, the reusable segment represented a market value of US$ 270.9 Million in 2015.
On the basis of end user, the diagnostic laboratories segment to witness a robust growth and will have a significant contribution in driving the overall market growth. The segment is projected to reach a market valuation of US$ 171.9 Million, expanding at a CAGR of 7.1% by the end of 2024.
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Summary of Table of Content
1. Executive Summary
2. Assumptions & Acronyms Used
3. Research Methodology
4. Global Medical Fiber Optic Market Analysis Scenario
5. Global Medical Fiber Optic Market Dynamics
6. Global Medical Fiber Optic Market Analysis and Forecast, By Fiber Type
7. Global Medical Fiber Optic Market Analysis and Forecast By Application
8. Global Medical Fiber Optic Market Analysis and Forecast, By Usage
9. Global Medical Fiber Optic Market Analysis and Forecast By End Users
10. Global Medical Fiber Optic Market Analysis and Forecast, By Region
11. North America Medical Fiber Optic Market Analysis and Forecast
12. Latin America Medical Fiber Optic Market Analysis and Forecast
13. Europe Medical Fiber Optic Market Analysis and Forecast
14. Asia Pacific (APAC) Medical Fiber Optic Market Analysis and Forecast
15. MEA Medical Fiber Optic Market Analysis and Forecast
16. Competitive Landscape
Request to Browse Full Table of Content, figure and Tables @ https://www.persistencemarketresearch.com/market-research/medical-fiber-optics-market/toc
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