Global Medical Fiber Optics Market - North America is the largest
market (2019)
Persistence Market Research
Global Medical Fiber Optics Market Will
Reach $1,336.1 million in 2019 - Persistence
Market Research
Persistence Market Research
1
Global Medical Fiber Optics Market - North America is the largest
market (2019)
Persistence Market Research Released New Market Report “Global Market Study on Medical
Fiber Optics - Asia to Witness Highest Growth by 2019,” the global medical fiber
optics market was valued at USD 863.1 million in 2013 and is expected to grow at a CAGR of
7.6% from 2013 to 2019, to reach an estimated value of USD 1,336.1 million in 2019.
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Optical fiber is a flexible, transparent fiber made up of high quality glass, plastic and silica.
Fiber optics technology has exciting new fields of applications in the medical industry. Fiber
optics is commonly used for illumination and light conductors, flexible image bundles,
flexible light guides and laser delivery systems. The medical fiber optics market is
witnessing significant growth due to increased applications of fiber optics for minimally
invasive surgeries, increased demand for advanced diagnostic technologies and rapid
development in medical fiber optics technology. There has been a substantial rise in the
number of medical fiber optic applications including X-ray imaging, ophthalmic lasers, light
therapy, lab and clinical diagnostics, dental head pieces, surgical and diagnostic
instrumentation, surgical microscopy and endoscopy. Thus, these innovative applications of
medical fiber optic technology are also driving growth of the market. In addition,
miniaturization of medical devices has also increased the demand for medical fiber optics
technology.
Persistence Market Research
2
Global Medical Fiber Optics Market - North America is the largest
market (2019)
On the other hand, stringent regulations and standards...