Light signals are transmitted across great distances using fiber optics, which are collections of long, slender strands of exceedingly clean glass. For a number of medical device applications, including laser signal delivery, illumination, and image transfer, fiber optics are used. Examples of applications for medical fiber optics include X-ray imaging, light therapy, dental handpieces, ophthalmic lasers, diagnostic tools, endoscopy, and surgical microscopes. Pure silica fiber, polycrystalline fiber, and polymer optical fiber are only a few of the several types of fibers used. Hospitals, diagnostic labs, contract research organizations, ambulatory surgical centers, specialist clinics, and other facilities all use medical fiber optics.
Small incision surgery (MIS) is a form of medical operation in which the incisions are smaller than in regular open surgery. Because there is minimal blood loss, these surgical treatments are becoming more popular in hospitals and clinics all around the world. A rising need for minimally invasive surgery (MIS) is expected to drive market expansion for medical fiber optics during the forecast period. The prevalence of gastrointestinal disorders is expected to boost the growth of the global medical fiber optics market over the forecast period. The prevalence of gastrointestinal and digestive disorders has increased significantly in both developed and developing nations in recent years. Medical fiber optics may be used to diagnose and analyze ulcers, which is expected to boost the growth of the global medical fiber optics market in the near future.
The market for Medical Fiber Optics is anticipated to grow at a 6.0% CAGR between 2020 and 2027.
Major Players in the Medical Fiber Optics Industry:
1. Leoni AG
Leoni AG was founded in 1917 and headquartered in Nuremberg, Germany. It operates in 27 countries. Weinert Industries AG purchases Fiber Optics and j-plasma units from Leoni AG in December 2021.
2. Sunoptic Technologies LLC
Sunoptic Technologies LLC was founded in 1978 and headquartered in Florida, USA. It operates in.
3. Gulf Fiberoptics, Inc.
Gulf Fiberoptics, Inc. was founded in 1996 and headquartered in Tampa, FL. U.S. It operates around the world.
4. Integra LifeSciences Holdings Corporation
Integra LifeSciences Holdings Corporation is a global medical device manufacturing company. It was founded in 1989 and headquartered in Princeton, New Jersey. It operates in.
5. Coherent, Inc.
Coherent, Inc. was founded in 1966 and headquartered in California, U.S. It operates in more than 20 countries around the world.
6. Molex Incorporated
Molex Incorporated is a manufacturer of electronic, electrical, and fiber optic connectivity systems. It was founded in 1938 and headquartered in. It operates in more than 40 countries. To maintain its leadership in the optical fiber industry and to advance the offering of specialized, integrated solutions, Molex will purchase Fiberguide Industries in December 2020.
7. Fiberoptics Technology, Inc.
Fiberoptics Technology, Inc. was founded in 1977 and headquartered in the United States. It operates in the United States.
8. Newport Corporation
Newport Corporation was founded in 1938 and headquartered in. It operates in 24 sales offices located around the world.
9. Schott AG
Schott AG is a German multinational glass company specializing in the manufacture of glass and glass-ceramics. It was founded in and headquartered in Mainz, Germany. It operates in 33 countries around the globe. SCHOTT launches its first facility in the United States in January 2023 to expand its capabilities and capacity for the research and manufacturing of diagnostics and life sciences products.
Definition: Fiber optics, or optical fiber, refers to the technology that transmits information as light pulses along a glass or plastic fiber.
