The Latin America, Middle East and Africa Medical Fiber Optics Market would witness market growth of 9.5% CAGR during the forecast period (2020-2026). The utilization of fiber optics has for quite a long time been pervasive in the medical business, especially in its commercialization in endoscopic imaging applications. From that point forward, there have been a few forces that advance the utilization of medical fiber optics in cutting-edge biomedical instrumentation, remarkably in imaging innovations. The demand for medical optics has increased the technological growth in biomedical sensing.
Moreover, in the current scenario, the market is facing relatively less competition from its external substitutes as there is no other choice is available in the market. Because of the moderate threat of internal substitutes in the market, the market is anticipated to soar exponentially. Although, increasing preference for plastic and polymers based optical over glass fibers can become a threat to the traditional glass-based medical optical fibers. The polymers based optical are cheaper than glass-based optical fibers. This can be the reason for choosing polymer-based optical over glass fibers.
The high cost of medical fiber optics can be one of the obstacles to market growth. However, there is a huge demand for fiber optic cables than other cables available in the market. Keeping the cost aside, some of the industries are still creating medical fiber optics components, such as lasers, amplifiers, attenuators, connectors, filters, and switches manually. Moreover, while assembling the components many labor-intensive customizations and adjustments are required during the whole process. This entire process of manufacturing and the use of manpower make the overall product more expensive.
Based on Application, the market is segmented into Illumination, Endoscopic Imaging, Biomedical Sensing, Laser Signal Delivery, and Other Applications. Based on Fiber Type, the market is segmented into Multimode Optical Fiber and Single Mode Optical Fiber. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: Medical Fiber Optics Market in LAMEA is expected to register a CAGR of 9.5% during the forecast period (2020-2026)
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include MKS Instruments, Inc. (Newport Corporation), IPG Photonics Corporation, Coherent, Inc., LEONI Group, Fiberoptics Technology, Inc., Timbercon, Inc. (Radiall America, Inc.), Gulf Fiberoptics, Inc., Sunoptic Technologies, LLC, Vitalcor, Inc., and Infinite Electronics, Inc. (Integra Optics, Inc.).
Scope of the LAMEA Medical Fiber Optics Market Analysis
Market Segmentation:
By Application
- Illumination
- Endoscopic Imaging
- Biomedical Sensing
- Laser Signal Delivery
- Other Applications
By Fiber Type
- Multimode Optical Fiber
- Single Mode Optical Fiber
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Companies Profiled
- MKS Instruments, Inc. (Newport Corporation)
- IPG Photonics Corporation
- Coherent, Inc.
- LEONI Group
- Fiberoptics Technology, Inc.
- Timbercon, Inc. (Radiall America, Inc.)
- Gulf Fiberoptics, Inc.
- Sunoptic Technologies, LLC
- Vitalcor, Inc.
- Infinite Electronics, Inc. (Integra Optics, Inc.)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Medical Fiber Optics Market, by Application
1.4.2 LAMEA Medical Fiber Optics Market, by Fiber Type
1.4.3 LAMEA Medical Fiber Optics Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA Medical Fiber Optics Market by Application
3.1 LAMEA Illumination Market by Country
3.2 LAMEA Endoscopic Imaging Market by Country
3.3 LAMEA Biomedical Sensing Market by Country
3.4 LAMEA Laser Signal Delivery Market by Country
3.5 LAMEA Other Application Market by Country
Chapter 4. LAMEA Medical Fiber Optics Market by Fiber Type
4.1 LAMEA Multimode Optical Fiber Market by Country
4.2 LAMEA Single Mode Optical Fiber Market by Country
Chapter 5. LAMEA Medical Fiber Optics Market by Country
5.1 Brazil Medical Fiber Optics Market
5.1.1 Brazil Medical Fiber Optics Market by Application
5.1.2 Brazil Medical Fiber Optics Market by Fiber Type
5.2 Argentina Medical Fiber Optics Market
5.2.1 Argentina Medical Fiber Optics Market by Application
5.2.2 Argentina Medical Fiber Optics Market by Fiber Type
5.3 UAE Medical Fiber Optics Market
5.3.1 UAE Medical Fiber Optics Market by Application
5.3.2 UAE Medical Fiber Optics Market by Fiber Type
5.4 Saudi Arabia Medical Fiber Optics Market
5.4.1 Saudi Arabia Medical Fiber Optics Market by Application
5.4.2 Saudi Arabia Medical Fiber Optics Market by Fiber Type
5.5 South Africa Medical Fiber Optics Market
5.5.1 South Africa Medical Fiber Optics Market by Application
5.5.2 South Africa Medical Fiber Optics Market by Fiber Type
5.6 Nigeria Medical Fiber Optics Market
5.6.1 Nigeria Medical Fiber Optics Market by Application
5.6.2 Nigeria Medical Fiber Optics Market by Fiber Type
5.7 Rest of LAMEA Medical Fiber Optics Market
5.7.1 Rest of LAMEA Medical Fiber Optics Market by Application
5.7.2 Rest of LAMEA Medical Fiber Optics Market by Fiber Type
Chapter 6. Company Profiles
6.1 MKS Instruments, Inc. (Newport Corporation)
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expense
6.2 IPG Photonics Corporation
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Regional Analysis
6.2.4 Research & Development Expense
6.2.5 Recent strategies and developments:
6.2.5.1 Product Launches and Product Expansions:
6.2.5.2 Acquisition and Mergers:
6.3 Coherent, Inc.
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expense
6.4 LEONI Group
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.4.4 Research & Development Expense
6.5 Fiberoptics Technology, Inc.
6.5.1 Company Overview
6.6 Timbercon, Inc. (Radiall America, Inc.)
6.6.1 Company Overview
6.6.2 Recent strategies and developments:
6.6.2.1 Product Launches and Product Expansions:
6.7 Gulf Fiberoptics, Inc.
6.7.1 Company Overview
6.8 Sunoptic Technologies, LLC
6.8.1 Company Overview
6.9 Vitalcor, Inc.
6.9.1 Company Overview
6.1 Infinite Electronics, Inc. (Integra Optics, Inc.)
6.10.1 Company overview
6.10.2 Recent strategies and developments:
6.10.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 LAMEA Medical Fiber Optics Market, 2016 - 2019, USD Million
TABLE 2 LAMEA Medical Fiber Optics Market, 2020 - 2026, USD Million
TABLE 3 LAMEA Medical Fiber Optics Market by Application, 2016 - 2019, USD Million
TABLE 4 LAMEA Medical Fiber Optics Market by Application, 2020 - 2026, USD Million
TABLE 5 LAMEA Illumination Market by Country, 2016 - 2019, USD Million
TABLE 6 LAMEA Illumination Market by Country, 2020 - 2026, USD Million
TABLE 7 LAMEA Endoscopic Imaging Market by Country, 2016 - 2019, USD Million
TABLE 8 LAMEA Endoscopic Imaging Market by Country, 2020 - 2026, USD Million
TABLE 9 LAMEA Biomedical Sensing Market by Country, 2016 - 2019, USD Million
TABLE 10 LAMEA Biomedical Sensing Market by Country, 2020 - 2026, USD Million
TABLE 11 LAMEA Laser Signal Delivery Market by Country, 2016 - 2019, USD Million
TABLE 12 LAMEA Laser Signal Delivery Market by Country, 2020 - 2026, USD Million
TABLE 13 LAMEA Other Application Market by Country, 2016 - 2019, USD Million
TABLE 14 LAMEA Other Application Market by Country, 2020 - 2026, USD Million
TABLE 15 LAMEA Medical Fiber Optics Market by Fiber Type, 2016 - 2019, USD Million
TABLE 16 LAMEA Medical Fiber Optics Market by Fiber Type, 2020 - 2026, USD Million
TABLE 17 LAMEA Multimode Optical Fiber Market by Country, 2016 - 2019, USD Million
TABLE 18 LAMEA Multimode Optical Fiber Market by Country, 2020 - 2026, USD Million
TABLE 19 LAMEA Single Mode Optical Fiber Market by Country, 2016 - 2019, USD Million
TABLE 20 LAMEA Single Mode Optical Fiber Market by Country, 2020 - 2026, USD Million
TABLE 21 LAMEA Medical Fiber Optics Market by Country, 2016 - 2019, USD Million
TABLE 22 LAMEA Medical Fiber Optics Market by Country, 2020 - 2026, USD Million
TABLE 23 Brazil Medical Fiber Optics Market, 2016 - 2019, USD Million
TABLE 24 Brazil Medical Fiber Optics Market, 2020 - 2026, USD Million
TABLE 25 Brazil Medical Fiber Optics Market by Application, 2016 - 2019, USD Million
TABLE 26 Brazil Medical Fiber Optics Market by Application, 2020 - 2026, USD Million
TABLE 27 Brazil Medical Fiber Optics Market by Fiber Type, 2016 - 2019, USD Million
TABLE 28 Brazil Medical Fiber Optics Market by Fiber Type, 2020 - 2026, USD Million
TABLE 29 Argentina Medical Fiber Optics Market, 2016 - 2019, USD Million
TABLE 30 Argentina Medical Fiber Optics Market, 2020 - 2026, USD Million
TABLE 31 Argentina Medical Fiber Optics Market by Application, 2016 - 2019, USD Million
TABLE 32 Argentina Medical Fiber Optics Market by Application, 2020 - 2026, USD Million
TABLE 33 Argentina Medical Fiber Optics Market by Fiber Type, 2016 - 2019, USD Million
TABLE 34 Argentina Medical Fiber Optics Market by Fiber Type, 2020 - 2026, USD Million
TABLE 35 UAE Medical Fiber Optics Market, 2016 - 2019, USD Million
TABLE 36 UAE Medical Fiber Optics Market, 2020 - 2026, USD Million
TABLE 37 UAE Medical Fiber Optics Market by Application, 2016 - 2019, USD Million
TABLE 38 UAE Medical Fiber Optics Market by Application, 2020 - 2026, USD Million
TABLE 39 UAE Medical Fiber Optics Market by Fiber Type, 2016 - 2019, USD Million
TABLE 40 UAE Medical Fiber Optics Market by Fiber Type, 2020 - 2026, USD Million
TABLE 41 Saudi Arabia Medical Fiber Optics Market, 2016 - 2019, USD Million
TABLE 42 Saudi Arabia Medical Fiber Optics Market, 2020 - 2026, USD Million
TABLE 43 Saudi Arabia Medical Fiber Optics Market by Application, 2016 - 2019, USD Million
TABLE 44 Saudi Arabia Medical Fiber Optics Market by Application, 2020 - 2026, USD Million
TABLE 45 Saudi Arabia Medical Fiber Optics Market by Fiber Type, 2016 - 2019, USD Million
TABLE 46 Saudi Arabia Medical Fiber Optics Market by Fiber Type, 2020 - 2026, USD Million
TABLE 47 South Africa Medical Fiber Optics Market, 2016 - 2019, USD Million
TABLE 48 South Africa Medical Fiber Optics Market, 2020 - 2026, USD Million
TABLE 49 South Africa Medical Fiber Optics Market by Application, 2016 - 2019, USD Million
TABLE 50 South Africa Medical Fiber Optics Market by Application, 2020 - 2026, USD Million
TABLE 51 South Africa Medical Fiber Optics Market by Fiber Type, 2016 - 2019, USD Million
TABLE 52 South Africa Medical Fiber Optics Market by Fiber Type, 2020 - 2026, USD Million
TABLE 53 Nigeria Medical Fiber Optics Market, 2016 - 2019, USD Million
TABLE 54 Nigeria Medical Fiber Optics Market, 2020 - 2026, USD Million
TABLE 55 Nigeria Medical Fiber Optics Market by Application, 2016 - 2019, USD Million
TABLE 56 Nigeria Medical Fiber Optics Market by Application, 2020 - 2026, USD Million
TABLE 57 Nigeria Medical Fiber Optics Market by Fiber Type, 2016 - 2019, USD Million
TABLE 58 Nigeria Medical Fiber Optics Market by Fiber Type, 2020 - 2026, USD Million
TABLE 59 Rest of LAMEA Medical Fiber Optics Market, 2016 - 2019, USD Million
TABLE 60 Rest of LAMEA Medical Fiber Optics Market, 2020 - 2026, USD Million
TABLE 61 Rest of LAMEA Medical Fiber Optics Market by Application, 2016 - 2019, USD Million
TABLE 62 Rest of LAMEA Medical Fiber Optics Market by Application, 2020 - 2026, USD Million
TABLE 63 Rest of LAMEA Medical Fiber Optics Market by Fiber Type, 2016 - 2019, USD Million
TABLE 64 Rest of LAMEA Medical Fiber Optics Market by Fiber Type, 2020 - 2026, USD Million
TABLE 65 key information – MKS Instruments, Inc.
TABLE 66 Key Information – IPG Photonics Corporation
TABLE 67 Key Information – Coherent, Inc.
TABLE 68 Key Information – LEONI Group
TABLE 69 Key Information – Fiberoptics Technology, Inc.
TABLE 70 Key Information – Timbercon, Inc.
TABLE 71 Key Information – Gulf Fiberoptics, Inc.
TABLE 72 Key Information – Sunoptic Technologies, LLC
TABLE 73 Key Information – Vitalcor, Inc.
TABLE 74 Key Information – Infinite Electronics, Inc.
List of Figures
FIG 1 Methodology for the research