Medical Fiber Optics Market Report, by Fiber Type (Pure Silica Fiber (UV-Silica, Near Infrared (NIR) Silica, Metal- Coated Silica, Plastic Clad Silica), Polycrystalline Fiber and Polymer Optical), by End User (Hospitals, Specialty Clinics, Ambulatory Surgical Centers, Diagnostic Laboratories, and Contract Research Organization), by Application (Image Transmission, Illumination, Laser Signal Delivery, Fiber Optic Confocal Scanning, Laser soldering), by Usage (Reusable and Disposable), and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019-2027

  • Published On : Jun 2019 |
  • Pages : 120 Pages |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Global Medical Fiber Optics Market - Insights

Medical Instruments utilize fiber optics for a several of applications including illumination, image transfer, and laser signal delivery. Conventional medical fiber optic applications consist light therapy, x-ray imaging, ophthalmic lasers, dental hand pieces, surgical and diagnostic instrumentation, lab and clinical diagnostics, endoscopy, surgical microscopy, and an extensive range of equipment and instrument illumination.

Optical fibers have features such as small size, immunity to electromagnetic interferences, and its suitability for remote monitoring and multiplexing, which work as an advantage in medical field. The smaller dimensions of optical fiber-based pressure sensors, along with lightweight and flexibility, implies that the sensors are utilized for many medical applications. This implies that the sensor can be positioned directly inside a patient. For instance, assessment of urinary bladder and cardiovascular.

The global medical fiber optics market is expected to witness significant growth during the forecast period (2019–2027). The market growth is majorly attributed to increasing benefits of medical fiber optics in surgeries and diagnosis. Use of medical fiber optics helps in intensive diagnosis, performing critical surgeries, and processes like endoscopy.

Figure 1. Global Medical Fiber Optics Share (%), by Region, 2017

Source: Coherent Market Insights, 2018-19

Increasing number of minimally invasive surgery (MIS) is expected to support growth of the global medical fiber optics market

MIS is a surgical procedure performed through tiny incisions, instead of large opening, on the patient’s body. This procedure is gaining popularity across various hospitals and clinics throughout the globe, owing to benefits such as reduced bleeding, shorter length of stay, low-cost, and few complications. Fiber optic can be flexible, light, and can be placed in space-restricted environments such as instrument catheters for highly localized measurements and is ideal for MIS. This is expected to increase demand for fiber optic for MIS during the forecast period.

Moreover, optical fiber is chemically inert, non-toxic, and can be fabricated to a smaller size. Furthermore, optical fibers are resistant to electromagnetic interference and radio frequency, and find application in real-time diagnostic imaging such as MRI, PET, and CT systems. Optical fibers can be inserted into various medical components and devices such as catheters and needles. The aforementioned factors and benefits are expected to increase demand for medical optical fiber during the forecast period.

Figure 2. Global Medical Fiber Optics Market (%), By Fiber Type, 2017

Source: Coherent Market Insights, 2018-19

North America is expected to account for the largest market share in the global medical fiber optics market during the forecast period. Asia Pacific is expected to witness fastest growth in the market over the forecast period. The market growth in North America is attributed to the presence of large number of market players in the region such as Coherent Inc., Timbercon, Inc. and Newport Corporation and increasing need for precision and safety in medical processes such as surgeries. In Asia Pacific, the market growth is owing to significant rise in the number of medical facilities and also increasing need for advanced medical treatment.  

Advancement in sensor-based component technology is boosting growth of the market

Technological advancements in the electronics industry, especially sensor-based components has led to increasing adoption of sensor-based components, in combination with optical fiber, in the healthcare industry. Currently, certain fiber-optic sensing mechanisms such as Sagnac interferometer, Fiber Bragg Gratings (FBG), Mach-Zehnder interferometer, and Fabry-Perot cavities or external fiber (EFPI) sensors are predominately used in bio-medical application for sensing and image delivery. This is expected to drive growth of the global medical fiber optic market in the near future.

Some of the key players operating in the global medical fiber optics market include Leoni AG, Gulf Fiberoptics, Inc., Coherent, Inc., Timbercon, Inc., Fiberoptics Technology, Inc., Schott AG, Newport Corporation, Molex Incorporated, Integra LifeSciences Holdings Corporation, and Sunoptic Technologies LLC

Medical fiber optics is used significantly in various medical applications such as surgeries and diagnosis, as this technology helps in access of inaccessible areas of human body and allows laser and lights to transmit through it.

Market Dynamics

Technological advancements in the electronics industry, especially sensor-based components has led to increasing adoption of sensor-based components, in combination with optical fiber, in the healthcare industry. Currently, certain fiber-optic sensing mechanisms such as Sagnac interferometer, Fiber Bragg gratings (FBG), Mach-Zehnder interferometer, and Fabry-Perot cavities or external fiber (EFPI) sensors are predominately used in bio-medical application such as internal organ failure diagnosis, for sensing and image delivery. This is expected to drive growth of the global medical fiber optic market in the near future.

One of the primary challenges faced by the healthcare industry is integrating various solutions and technologies that can aid physicians to diagnose and monitor patients effectively owing to the insufficient implementation of technologies. Furthermore, medical devices and instrument providers offer various devices that are compatible with certain optical fibers, due to technical specifications and requirements. This is expected to hinder demand for medical optical fiber for applications in the medical industry.

Key features of the study:

  • This report provides in-depth analysis of global medical fiber optics market size (US$ Mn) and compound annual growth rate (CAGR %) for the forecast period 2019– 2027, considering 2018 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key market players
  • It profiles key players in the global medical fiber optics market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, medical fiber optics market capital, key developments, strategies, and future plans
  • Companies covered as part of this study include Leoni AG, Gulf Fiberoptics, Inc., Coherent, Inc., Timbercon, Inc., Fiberoptics Technology, Inc., Schott AG, Newport Corporation, Molex Incorporated, Integra LifeSciences Holdings Corporation, and Sunoptic Technologies LLC
  • Insights from this report would allow marketers and management authorities of the companies to make informed decision regarding their future product launches, product upgrades, market expansion, and marketing tactics
  • The global medical fiber optics market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global medical fiber optics market

Detailed Segmentation:

  • Global Medical Fiber Optics Market, By Fiber Type:
    • Pure Silica Fiber
      • UV-Silica
      •  Near Infrared (NIR) Silica
      •  Metal- Coated Silica
      •  Plastic Clad Silica
    • Polycrystalline Fiber
    • Polymer Optical
  • Global Medical Fiber Optics Market, By End User:
    • Hospitals
    • Specialty Clinics
    • Ambulatory Surgical Centers
    • Diagnostic Laboratories
    • Contract Research Organization
  • Global Medical Fiber Optics Market, By Application:
    • Image Transmission
    • Illumination
    • Laser Signal Delivery
    • Fiber Optic Confocal Scanning
    • Laser soldering
  • Global Medical Fiber Optics Market, By Usage:
    • Reusable
    • Disposable
  • Global Medical Fiber Optics Market, By Region:
    • North America
      • By Fiber Type:
        • Pure Silica Fiber
          • UV-Silica
          •  Near Infrared(NIR) Silica
          •  Metal- Coated Silica
          •  Plastic Clad Silica
        • Polycrystalline Fiber
        • Polymer Optical  
      • By End User:
        • Hospitals
        • Specialty Clinics
        • Ambulatory Surgical Centers
        • Diagnostic Laboratories
        • Contract Research Organization  
      • By Application:
        • Image Transmission
        • Illumination
        • Laser Signal Delivery
        • Fiber Optic Confocal Scanning
        • Laser soldering
      • By Usage:
        • Reusable
        • Disposable   
      • By Country:
        • U.S.
        • Canada
    • Europe
      • By Fiber Type:
        • Pure Silica Fiber
          • UV-Silica
          •  Near Infrared(NIR) Silica
          •  Metal- Coated Silica
          •  Plastic Clad Silica
        • Polycrystalline Fiber
        • Polymer Optical 
      • By End User:
        • Hospitals
        • Specialty Clinics
        • Ambulatory Surgical Centers
        • Diagnostic Laboratories
        • Contract Research Organization 
      • By Application:
        • Image Transmission
        • Illumination
        • Laser Signal Delivery
        • Fiber Optic Confocal Scanning
        • Laser soldering
      • By Usage:
        • Reusable
        • Disposable
      • By Country:
        • Germany
        • U.K.
        • France
        • Italy
        • Rest of Europe
    • Asia Pacific
      • By Fiber Type:
        • Pure Silica Fiber
          • UV-Silica
          •  Near Infrared(NIR) Silica
          •  Metal- Coated Silica
          •  Plastic Clad Silica
        • Polycrystalline Fiber
        • Polymer Optical 
      • By End User:
        • Hospitals
        • Specialty Clinics
        • Ambulatory Surgical Centers
        • Diagnostic Laboratories
        • Contract Research Organization 
      • By Application:
        • Image Transmission
        • Illumination
        • Laser Signal Delivery
        • Fiber Optic Confocal Scanning
        • Laser soldering
      • By Usage:
        • Reusable
        • Disposable
      • By Country:
        • China
        • India
        • Japan
        • Australia & New Zealand
        • Rest of Asia Pacific
    • Latin America
      • By Fiber Type:
        • Pure Silica Fiber
          • UV-Silica
          •  Near Infrared(NIR) Silica
          •  Metal- Coated Silica
          •  Plastic Clad Silica
        • Polycrystalline Fiber
        • Polymer Optical 
      • By End User:
        • Hospitals
        • Specialty Clinics
        • Ambulatory Surgical Centers
        • Diagnostic Laboratories
        • Contract Research Organization 
      • By Application:
        • Image Transmission
        • Illumination
        • Laser Signal Delivery
        • Fiber Optic Confocal Scanning
        • Laser soldering
      • By Usage:
        • Reusable
        • Disposable
      • By Country:
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • By Fiber Type:
        • Pure Silica Fiber
          • UV-Silica
          •  Near Infrared(NIR) Silica
          •  Metal- Coated Silica
          •  Plastic Clad Silica
        • Polycrystalline Fiber
        • Polymer Optical 
      • By End User:
        • Hospitals
        • Specialty Clinics
        • Ambulatory Surgical Centers
        • Diagnostic Laboratories
        • Contract Research Organization 
      • By Application:
        • Image Transmission
        • Illumination
        • Laser Signal Delivery
        • Fiber Optic Confocal Scanning
        • Laser soldering
      • By Usage:
        • Reusable
        • Disposable
      • By Country/Region:
        • GCC Countries
        • South Africa
        • Rest of Middle East & Africa
  • Company Profiles
    • Leoni AG
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Developments/Updates
    • Gulf Fiberoptics, Inc.
    • Coherent, Inc.
    • Timbercon, Inc.
    • Fiberoptics Technology, Inc.
    • Schott AG
    • Newport Corporation
    • Molex Incorporated
    • Integra LifeSciences Holdings Corporation
    • Sunoptic Technologies LLC  

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet By Application
      • Market Snippet By Fiber Type
      • Market Snippet By End User
      • Market Snippet By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Mergers and Acquisitions
      • New system Launch/Approvals
      • Value Chain Analysis
      • Porter’s Analysis
      • PEST Analysis
  4. Global Medical Fiber Optics Market, By Application, 2017-2027 (US$ Million)
    • Image Transmission
      • Introduction
      • Market Size and Forecast, 2019-2027, (US$ Million)
    • Illumination  
      • Introduction
      • Market Size and Forecast, 2019-2027, (US$ Million)
    • Laser Signal Delivery
      • Introduction
      • Market Size and Forecast, 2019-2027, (US$ Million)
    • Fiber Optic Confocal Scanning
      • Introduction
      • Market Size and Forecast, 2019-2027, (US$ Million)
    • Laser soldering
      • Introduction
      • Market Size and Forecast, 2019-2027, (US$ Million)
  5. Global Medical Fiber Optics Market, By Fiber Type, 2017-2027 (US$ Million)
    • Pure Silicon Fiber
      • UV-Silica
        • Introduction
        • Market Size and Forecast, 2019-2027, (US$ Million)
      •  Near Infrared(NIR) Silica
        • Introduction
        • Market Size and Forecast, 2019-2027, (US$ Million)
      •  Metal- Coated Silica
        • Introduction
        • Market Size and Forecast, 2019-2027, (US$ Million)
      •  Plastic Clad Silica
        • Introduction
        • Market Size and Forecast, 2019-2027, (US$ Million)
    • Polycrystalline Fiber
      • Introduction
      • Market Size and Forecast, 2019-2027, (US$ Million)
    • Polymer Optical
      • Introduction
      • Market Size and Forecast, 2019-2027, (US$ Million)
  6. Global Medical Fiber Optics Market, By End User, 2017-2027 (US$ Million)
    • Hospitals
      • Introduction
      • Market Size and Forecast, 2019-2027, (US$ Million)
    • Specialty Clinics
      • Introduction
      • Market Size and Forecast, 2019-2027, (US$ Million)
    • Ambulatory Surgical Centers
      • Introduction
      • Market Size and Forecast, 2019-2027, (US$ Million)
    • Diagnostic Laboratories
      • Introduction
      • Market Size and Forecast, 2019-2027, (US$ Million)
    • Contract Research Organization
      • Introduction
      • Market Size and Forecast, 2019-2027, (US$ Million)
  7. Global Medical Fiber Optics Market, By Region, 2017-2027 (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027 (%)
    • North America
      • Introduction
      • Market Size and Forecast, By Application, 2019-2027 (US$ Million)
      • Market Size and Forecast, By Fiber Type, 2019-2027 (US$ Million)
      • Market Size and Forecast, By End User, 2019-2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
      • Country Trend
        • U.S.
        • Canada
    • Europe
      • Introduction
      • Market Size and Forecast, By Application, 2019-2027 (US$ Million)
      • Market Size and Forecast, By Fiber Type, 2019-2027 (US$ Million)
      • Market Size and Forecast, By End User, 2019-2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
      • Country Trend
        • U.K.
        • Germany
        • Italy
        • France
        • Rest of Europe
    • Asia Pacific
      • Introduction
      • Market Size and Forecast, By Application, 2019-2027 (US$ Million)
      • Market Size and Forecast, By Fiber Type, 2019-2027 (US$ Million)
      • Market Size and Forecast, By End User, 2019-2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
      • Country Trend
        • China
        • India
        • Japan
        • Australia & New Zealand
        • Rest of Asia Pacific
    • Latin America
      • Introduction
      • Market Size and Forecast, By Application, 2019-2027 (US$ Million)
      • Market Size and Forecast, By Fiber Type, 2019-2027 (US$ Million)
      • Market Size and Forecast, By End User, 2019-2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
      • Country Trend
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Introduction
      • Market Size and Forecast, By Application, 2019-2027 (US$ Million)
      • Market Size and Forecast, By Fiber Type, 2019-2027 (US$ Million)
      • Market Size and Forecast, By End User, 2019-2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
      • Country Trend
        • GCC Countries
        • South Africa
        • Rest of the Middle East & Africa
  8. Competitive Landscape
    • Company Profiles
    • Leoni AG *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Developments/Updates
    • Gulf Fiberoptics, Inc.
    • Coherent, Inc.
    • Timbercon, Inc.
    • Fiberoptics Technology, Inc.
    • Schott AG
    • Newport Corporation
    • Molex Incorporated
    • Integra LifeSciences Holdings Corporation
    • Sunoptic Technologies LLC
  9. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 60 market data tables and 40 figures on "Medical Fiber Optics Market - Global forecast 2019 to 2027.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


Smiley face

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

Smiley face

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

Choose License Type

"How Can I Help You" ?

Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.

[email protected]

Key Benefits

  • Custom Research Solution

    Talk to our research consultant to design an exclusive report as per your research needs.

  • Customer Fulfilment

    We aim to fulfil client's research demands with tailored research solutions.

  • Quick Turnaround Time Reports

    We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

  • 360-degree Approach

    We cover each industry from supply and demand side with an aim to provide a most holistic research study.

  • Assured Quality

    We strive to provide most accurate and reliable research findings in our research reports.