The North America Medical Fiber Optics Market would witness market growth of 7.8% CAGR during the forecast period (2020-2026). The unique properties of fiber optics collectively prove to be a perfect material for the advancement of complex biomedical instrumentation. These tools conform to easy surgical procedures and diagnostic examinations. Altogether, the development of this advanced technology continues to open doors in areas including neurology, gastroenterology, cardiology, and many more. In the coming years, the requirements of biomedical equipment are anticipated to dominate the market.
The physical attributes of fiber, for example, its flexibility and lightweight, making it perfect for a wide range of medical applications. Minimally invasive surgery is one of the primary reasons for the demand for fiber optics in the market. Due to an increase in the number of diseases like kidney stones, cancer, cardiovascular, and arthritis, most of the world population is seeking the use of these tools in minimally invasive surgery. The minimally invasive surgery allows less pain during operations, faster recovery time, and lower risk of infection for the patient. On the contrary, traditional surgery exposes tissues and organs through large incisions.
One of the most common utilization of fiber optics in medication is in the imaging and light segments of endoscopes. The multifiber offers features like flexibility, yet rigidity that helps visualization of internal organs and tissue clearer. Various surgeons prefer using endoscopes to investigate symptoms such as nausea and abdominal pain. It is also used for performing biopsies or providing medical treatment.
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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: Medical Fiber Optics Market in North America is expected to register a CAGR of 7.8% 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 North America 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
- US
- Canada
- Mexico
- Rest of North America
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 North America Medical Fiber Optics Market, by Application
1.4.2 North America Medical Fiber Optics Market, by Fiber Type
1.4.3 North America 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. North America Medical Fiber Optics Market by Application
3.1 North America Illumination Market by Country
3.2 North America Endoscopic Imaging Market by Country
3.3 North America Biomedical Sensing Market by Country
3.4 North America Laser Signal Delivery Market by Country
3.5 North America Other Application Market by Country
Chapter 4. North America Medical Fiber Optics Market by Fiber Type
4.1 North America Multimode Optical Fiber Market by Country
4.2 North America Single Mode Optical Fiber Market by Country
Chapter 5. North America Medical Fiber Optics Market by Country
5.1 US Medical Fiber Optics Market
5.1.1 US Medical Fiber Optics Market by Application
5.1.2 US Medical Fiber Optics Market by Fiber Type
5.2 Canada Medical Fiber Optics Market
5.2.1 Canada Medical Fiber Optics Market by Application
5.2.2 Canada Medical Fiber Optics Market by Fiber Type
5.3 Mexico Medical Fiber Optics Market
5.3.1 Mexico Medical Fiber Optics Market by Application
5.3.2 Mexico Medical Fiber Optics Market by Fiber Type
5.4 Rest of North America Medical Fiber Optics Market
5.4.1 Rest of North America Medical Fiber Optics Market by Application
5.4.2 Rest of North America 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 North America Medical Fiber Optics Market, 2016 - 2019, USD Million
TABLE 2 North America Medical Fiber Optics Market, 2020 - 2026, USD Million
TABLE 3 North America Medical Fiber Optics Market by Application, 2016 - 2019, USD Million
TABLE 4 North America Medical Fiber Optics Market by Application, 2020 - 2026, USD Million
TABLE 5 North America Illumination Market by Country, 2016 - 2019, USD Million
TABLE 6 North America Illumination Market by Country, 2020 - 2026, USD Million
TABLE 7 North America Endoscopic Imaging Market by Country, 2016 - 2019, USD Million
TABLE 8 North America Endoscopic Imaging Market by Country, 2020 - 2026, USD Million
TABLE 9 North America Biomedical Sensing Market by Country, 2016 - 2019, USD Million
TABLE 10 North America Biomedical Sensing Market by Country, 2020 - 2026, USD Million
TABLE 11 North America Laser Signal Delivery Market by Country, 2016 - 2019, USD Million
TABLE 12 North America Laser Signal Delivery Market by Country, 2020 - 2026, USD Million
TABLE 13 North America Other Application Market by Country, 2016 - 2019, USD Million
TABLE 14 North America Other Application Market by Country, 2020 - 2026, USD Million
TABLE 15 North America Medical Fiber Optics Market by Fiber Type, 2016 - 2019, USD Million
TABLE 16 North America Medical Fiber Optics Market by Fiber Type, 2020 - 2026, USD Million
TABLE 17 North America Multimode Optical Fiber Market by Country, 2016 - 2019, USD Million
TABLE 18 North America Multimode Optical Fiber Market by Country, 2020 - 2026, USD Million
TABLE 19 North America Single Mode Optical Fiber Market by Country, 2016 - 2019, USD Million
TABLE 20 North America Single Mode Optical Fiber Market by Country, 2020 - 2026, USD Million
TABLE 21 North America Medical Fiber Optics Market by Country, 2016 - 2019, USD Million
TABLE 22 North America Medical Fiber Optics Market by Country, 2020 - 2026, USD Million
TABLE 23 US Medical Fiber Optics Market, 2016 - 2019, USD Million
TABLE 24 US Medical Fiber Optics Market, 2020 - 2026, USD Million
TABLE 25 US Medical Fiber Optics Market by Application, 2016 - 2019, USD Million
TABLE 26 US Medical Fiber Optics Market by Application, 2020 - 2026, USD Million
TABLE 27 US Medical Fiber Optics Market by Fiber Type, 2016 - 2019, USD Million
TABLE 28 US Medical Fiber Optics Market by Fiber Type, 2020 - 2026, USD Million
TABLE 29 Canada Medical Fiber Optics Market, 2016 - 2019, USD Million
TABLE 30 Canada Medical Fiber Optics Market, 2020 - 2026, USD Million
TABLE 31 Canada Medical Fiber Optics Market by Application, 2016 - 2019, USD Million
TABLE 32 Canada Medical Fiber Optics Market by Application, 2020 - 2026, USD Million
TABLE 33 Canada Medical Fiber Optics Market by Fiber Type, 2016 - 2019, USD Million
TABLE 34 Canada Medical Fiber Optics Market by Fiber Type, 2020 - 2026, USD Million
TABLE 35 Mexico Medical Fiber Optics Market, 2016 - 2019, USD Million
TABLE 36 Mexico Medical Fiber Optics Market, 2020 - 2026, USD Million
TABLE 37 Mexico Medical Fiber Optics Market by Application, 2016 - 2019, USD Million
TABLE 38 Mexico Medical Fiber Optics Market by Application, 2020 - 2026, USD Million
TABLE 39 Mexico Medical Fiber Optics Market by Fiber Type, 2016 - 2019, USD Million
TABLE 40 Mexico Medical Fiber Optics Market by Fiber Type, 2020 - 2026, USD Million
TABLE 41 Rest of North America Medical Fiber Optics Market, 2016 - 2019, USD Million
TABLE 42 Rest of North America Medical Fiber Optics Market, 2020 - 2026, USD Million
TABLE 43 Rest of North America Medical Fiber Optics Market by Application, 2016 - 2019, USD Million
TABLE 44 Rest of North America Medical Fiber Optics Market by Application, 2020 - 2026, USD Million
TABLE 45 Rest of North America Medical Fiber Optics Market by Fiber Type, 2016 - 2019, USD Million
TABLE 46 Rest of North America Medical Fiber Optics Market by Fiber Type, 2020 - 2026, USD Million
TABLE 47 key information – MKS Instruments, Inc.
TABLE 48 Key Information – IPG Photonics Corporation
TABLE 49 Key Information – Coherent, Inc.
TABLE 50 Key Information – LEONI Group
TABLE 51 Key Information – Fiberoptics Technology, Inc.
TABLE 52 Key Information – Timbercon, Inc.
TABLE 53 Key Information – Gulf Fiberoptics, Inc.
TABLE 54 Key Information – Sunoptic Technologies, LLC
TABLE 55 Key Information – Vitalcor, Inc.
TABLE 56 Key Information – Infinite Electronics, Inc.
List of Figures
FIG 1 Methodology for the research