Asia to Witness Highest Growth in Medical Fiber Optics

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Research and Markets have added a new report on the global medical fiber optic market. The study reports high growth of medical fiber optics in Asia, while moderate growth is expected in Europe.

Globally, medical fiber optics is gaining popularity due to the rising demand for minimally invasive surgeries, miniaturization of medical devices, and increased demand for advanced diagnostic technologies. In addition, rapid development in the field of fiber optics technology is also one of the key driving factors for the growth of the medical fiber optics market.

The global market of medical fiber optics is categorized based on various medical applications. The medical applications include fiberoptic surgical Lights, fiberoptic dental lights, endoscopes, laser fiber optics, and fiber optic sensors.

In terms of geography, North America is the largest market for medical fiber optics. Improved medical infrastructure and increased usage of medical fiber optics in minimally invasive surgeries are the key drivers of growth in the medical fiber optics market in the region. Moreover, several associations such as the Society of Laparoendoscopic Surgeons, the Canadian Healthcare Association (CHA), and the Association of Canadian Academic Healthcare Organizations (ACAHO) are also supporting the improvement of healthcare services.

In Europe, the medical fiber optics market is expected to witness moderate growth due to improved healthcare infrastructure, government funding, and increased usage of endoscopic minimally invasive surgeries. Furthermore, the medical fiber optics market in the region is also driven by the aging population, as more people seek endoscopic treatments for various age-related diseases such as cardiovascular diseases and ophthalmic diseases.

Similarly, in Asia, the medical fiber optics market is growing due to medical infrastructure development, government initiative programs, an aging population, and related-disorders. Several government initiatives in medical fiber optics are also contributing to the growth of medical fiber optics technology in the region.

However, stringent regulations and standards impede the growth of the medical fiber optics market. The risk related to the high intensity of lights also restrains the growth of the medical fiber optics market. Medical fiber optics technology uses a high intensity of light for treatment and surgeries of cancer and ophthalmic diseases. This light disrupts the tissue in histopathology examination. Similarly, temperature-controlled laser systems based on infrared fiber are used for the bonding of tissues.

Companies covered in this report includes American Medical System, Coherent Inc., IPG Photonics, LEONI, ROFIN, SCHOTT, Sunoptic Technologies, TRUMPF, Timbercon Inc., and Vitalcor Inc.

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