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Latest Press Releases

The global market for Medical Fiber Optics is projected to reach US$1.3 billion by 2025
- PR Newswire - PRF - Mon Sep 7, 12:45PM CDT
PR Newswire - PRF - CMTX
Mon Sep 7, 12:45PM CDT
, /PRNewswire/ -- The global market for Medical Fiber Optics is projected to reach by 2025, driven by the growing commercial value of fiber optics technology in surgical instrumentation, disease treatment therapies, diagnostic and imaging equipment, and sensor based wearable medical devices and textiles. Heavy utilization of imaging and growing preference for non-invasive surgery will drive a major chunk of opportunities in clinical imaging and endoscopy applications. Benefiting the market will be the rise in endoscopy procedures supported by advantages such as safety and effectiveness in both diagnosis and therapy; minimal morbidity and mortality; less scarring and faster recovery; and rising preference for endoscopic management of GI disorders especially against a backdrop of research studies linking chronic acid reflux and GERD with Barrett`s esophagus and esophageal cancer. Transducer-Tipped" fiber optic catheter can move freely around organs, bones, veins and arteries. Fiber optic sensors are small in size, have immunity to EM interferences, and feature greater geometrical versatility. Application possibilities abound in remote spectrophotometry; endoscopic imaging/surgery; pressure and position sensing; Intravascular pressure transducers and In vivo oximeters. As surgical robotics and computer-assisted surgery (CAS) grow in popularity, use of the technology will grow in cables and cable systems. The critical role played by radiology imaging in clinical decision support coupled with the growing healthcare burden worldwide will continue to push up the volume load of imaging procedures such as MRI and CT. Other factors also benefiting market growth include rising use of fiber optics in various surgical procedures; miniaturization of medical devices; mounting demand for advanced biomedical instrumentation based on optical fiber for diagnosis, monitoring and treatment; strong demand for flexible, agile and highly maneuverable fiber optic endoscopes; growth in the practice of dentistry and the ensuing increase in the use of Fiber-Optic Transillumination (FOTI) in diagnosis of myriad dental conditions; strong demand for fiber optic hand-held retractors in cosmetic surgeries; rising commercial Interest in the use of Polymer Optical Fibers (POFs) in medical smart textiles. represents the largest market worldwide supported by well-developed advanced radiology services; high installed base of MRI & CT imaging equipment at 39 & 44 units per million people; and overutilization of imaging services in the form of unnecessary tests despite policy led emphasis on value based care. including China is a major market, led by factors such as developing healthcare infrastructure; growing population and healthcare burden; need for technologies to effectively handle rising volume of surgical and diagnostic procedures; rise of medical tourism in low cost Asian countries and the resulting competitive need to enhance patient care through investments in cutting edge medical technologies; and rising preference for keyhole surgeries such as endoscopy and laser guided surgeries.Read the full report: 1. MARKET OVERVIEW A Prelude to Medical Fiber Optics Global Medical Fiber Optics Market Set for a Rapid Growth Application of Optical Fibers in Healthcare Sector Developed Regions Lead Medical Fiber Optics Market, Developing Nations Promise Future Growth Endoscopes: The Largest Application Market for Medical Fiber Optics Global Endoscopy Systems Market by Geographic Region/Country: (2020 & 2025) - Breakdown of Annual Sales in US$ Million for US, , , China, , (excluding ), , and Rest of World Pure Silica Fibers - The Most Widely Used Fibers Recent Market Activity Impact of Covid-19 and a Looming Global Recession 2. FOCUS ON SELECT PLAYERS biolitec AG () Boston Scientific Corporation () Coherent, Inc. () ROFIN-SINAR Technologies Inc. () Nufern () IPG Photonics Corporation () () Newport Corporation () OFS Fitel, LLC () () Sunoptic Technologies () Timbercon, Inc. () Trimedyne, Inc. () Vitalcor, Inc. () 3. MARKET TRENDS & DRIVERS Technological Advancements Expand Scope of Applications for Medical Fiber Optics Fiber Optic Devices combined with Smartphones for Enhanced Assistance to Physicians Fiber Optic Transillumination Improves Visual Inspections in Dentistry Smart Fiber Optics Enable Radiation Free Guidance for Vascular Catheters Fiber Optics Enabling Life-Like Bionic Limbs New Device Aids Real-time Optical Imaging of Cancer Cells during Surgery Ultra-thin Fiber Endoscopes to Reach Hard-to-reach Brain Structures Researchers Develop Air-clad Imaging Fibers for Improving Usage of Endoscopes New Fiber-Optic Technology for Faster Healing of Wounds Stretchable Biocompatible Optical Fibers for Implantation Researchers Develop Femtosecond Laser Fiberoptic Sensor Technology for 3D Navigation of Surgical Instruments Researchers Design Bioresorbable Fiber Bragg Gratings Researching Doctors Develop Compact Optical Endoscope Researchers Develop Fiber Optic Sensor to Measure Weak Magnetic Fields Optical Detection of Magnetic Fields Researchers Develop Novel Optical Fiber for Printing Nano-Scale 3D Microstructures Low-power, Continuously Emitting Laser Commercial Usage of Technique Researchers Develop Smart Photoacoustic Imaging Method Micro-Endoscope - A Major Breakthrough in Endoscopy Opportunities Abound for Fiber Optic Sensors in Biomedical Sensing Market List of Select Commercial Fiber-Optic Biomedical Sensors Specialty Optical Fibers Make Surgery Less Invasive Optical Fiber Pressure Sensors for Medical Applications - An Overview Following are some of the companies that have developed optical sensors for medical applications: Innovative Optical Biomedical Sensors Select Promising Medical Applications for the Fiber Optic Technology Most Promising Medical Applications of Fiber Optics Locating Tumors and Other Growths Multicore Fiber for Minimally Invasive Surgeries Ultraminiature Pressure Sensors to Sense Intracranial Pressure Fiber Optics Usage by Medical Practitioners to Examine Unreachable Sections of the Patient?s Body Remote Fiber Optic Lighting: A Promising Alternative to Standard Overhead Lighting for Dentists Fiber Laser Technology Offers Promising Applications in Medical Sector Worldwide Medical Laser Systems Market by Geographic Region/ Country (2020 & 2024): Breakdown of Annual Sales Figures in US$ Million for the US, , , , , and Rest of World Markets Emergence of Single-Use disposable Fiber-Optic Catheters Augment New Revenue Opportunities Widespread Adoption and Usage of Fiber Bragg Grating Sensors for an Array of Applications Fiber Optic Sensors in Medical Smart Textiles - An Emerging Opportunity in Healthcare Monitoring Space OCT Technology Creating Waves, Benefits to Accrue to Medical Fiber Optics Market Surgical Headlight Manufacturers Step up Focus on Product Innovation New Lighting Technologies Offer Improved Performance and Cost- Efficiencies Cableless Surgical Headlights Enable Easier Mobility Fiber Optic Probe Set to Facilitate Endoscopic Cancer Diagnosis Innovations in Gastrointestinal Surgery Space Drive Market Growth Nano-optic Endoscopes Provide High-Resolution OCTs in vivo Biological or Chemical Sensors Undergo Technological Evolution An Optical Fiber to Safely Deliver Drugs and Light into Human Body High Light Intensity of Medical Fiber Optics Holds Potential to Cause Tissue Damage MACRO GROWTH DRIVERS An Aging Global Population Drives Demand for Medical Fiber Optic Technology Global Population Statistics for the 60+ Age Group by Geographic Region: 2019 Global Population Statistics for the 65+ Age Group by Select Countries: 2019 Elderly Population (65+ Years) as a Percentage of Total Population by Category (2020 & 2050) Life Expectancy at Age 60 and 80 Years: (2015-2020), (2030- 2035) & (2045-2050) Increasing Healthcare Expenditure to Foster Market Growth World Healthcare Expenditure (In US$ Trillion) for the Years 2016 & 2018 Per Capita Healthcare Expenditure (in $) by Select Countries for 2018 Rising Incidence of Cancer - A Major Growth Driver Global Cancer Incidence by Region: 2018 Global Cancer Incidence by Type: 2018 Common Cause of Cancer Deaths Worldwide - Number of Deaths due to Select Types of Cancer for 2018 Rising Preference for Minimally Invasive Procedures Boosts Market Prospects Rise in Prevalence of GI Tract Disorders to Drive Global Market for GI Endoscopy Devices Global Prevalence and Incidence of Gastrointestinal Diseases: 2017 Rising Use of Increasingly Miniaturized Medical Devices Fuels Demand for Medical Fiber Optics MEDICAL FIBER OPTIC APPLICATIONS - A CONCEPTUAL REVIEW Fiberoptic Surgical Lights Fiberoptic Dental Lights Endoscopes Use of Fiber Optics in Endoscopes Rigid and Flexible Endoscopes Endoscope Channels Types of Fibers Used Light Sources Used Applications of Endoscopes Detection of Stomach and Esophageal Ailments Endoscopic Examinations Amnioscopic Surgery Fiber Optic Rhinoscopy Percutaneous Fiberscopes Other Fiberscopes Using Fiber Optic Illumination and Imaging Gastrofiberscopes or Gastroscopes Bronchoscopes Cytoscopes Colonoscopes Enteroscopes Laparoscopes Arthroscopes Laryngoscopes Fiber Optic Lasers Optical Fibers - The Appropriate Beam Delivery Systems Types of Lasers and Associated Need for Optical Fiber Beam Delivery Systems Select Laser Surgeries Using Optical Fibers Laser Ablation of the Prostate To Shrink Enlarged Prostate Glands Photodynamic Therapy Destruction of Tumors Fiber Optic Catheters Fiber Optic Sensors Intra-Arterial Blood Gas Monitoring Systems (IABGS) Silica Fibers - The Most Widely Used Fibers Application of Various Types of Sensors Temperature Sensors Pressure Sensors Glucose Sensors Blood Gas Sensors Other Sensors Disadvantages of Using Plastic and Glass Fibers in Sensors Other Fiberoptic Products 4. GLOBAL MARKET PERSPECTIVE Table 1: World Current & Future Analysis for Medical Fiber Optics by Geographic Region - , , , China, , , , and Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 Table 2: World Historic Review for Medical Fiber Optics by Geographic Region - , , , China, , , , and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 3: World 15-Year Perspective for Medical Fiber Optics by Geographic Region - Percentage Breakdown of Value Sales for , , , China, , , , and Africa Markets for Years 2012, 2020 & 2027 Table 4: World Current & Future Analysis for Pure Silica Fiber by Geographic Region - , , , China, , , , and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 Table 5: World Historic Review for Pure Silica Fiber by Geographic Region - , , , China, , , , and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 6: World 15-Year Perspective for Pure Silica Fiber by Geographic Region - Percentage Breakdown of Value Sales for , , , China, , , , and for Years 2012, 2020 & 2027 Table 7: World Current & Future Analysis for Polycrystalline Fiber by Geographic Region - , , , China, , , , and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 Table 8: World Historic Review for Polycrystalline Fiber by Geographic Region - , , , China, , , , and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 9: World 15-Year Perspective for Polycrystalline Fiber by Geographic Region - Percentage Breakdown of Value Sales for , , , China, , , , and for Years 2012, 2020 & 2027 Table 10: World Current & Future Analysis for Polymer Optical by Geographic Region - , , , China, , , , and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 Table 11: World Historic Review for Polymer Optical by Geographic Region - , , , China, , , , and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 12: World 15-Year Perspective for Polymer Optical by Geographic Region - Percentage Breakdown of Value Sales for , , , China, , , , and for Years 2012, 2020 & 2027 Table 13: World Current & Future Analysis for Endoscopes by Geographic Region - , , , China, , , , and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 Table 14: World Historic Review for Endoscopes by Geographic Region - , , , China, , , Latin America, and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 15: World 15-Year Perspective for Endoscopes by Geographic Region - Percentage Breakdown of Value Sales for , , , China, , , , and for Years 2012, 2020 & 2027 Table 16: World Current & Future Analysis for Lasers by Geographic Region - , , , China, , , , and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 Table 17: World Historic Review for Lasers by Geographic Region - , , , China, , , Latin America, and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 18: World 15-Year Perspective for Lasers by Geographic Region - Percentage Breakdown of Value Sales for , , , China, , , , and for Years 2012, 2020 & 2027 Table 19: World Current & Future Analysis for Surgical Lights by Geographic Region - , , , China, , , , and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 Table 20: World Historic Review for Surgical Lights by Geographic Region - , , , China, , , , and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 21: World 15-Year Perspective for Surgical Lights by Geographic Region - Percentage Breakdown of Value Sales for , , , China, , , , and for Years 2012, 2020 & 2027 Table 22: World Current & Future Analysis for Dental Lights by Geographic Region - , , , China, , , , and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 Table 23: World Historic Review for Dental Lights by Geographic Region - , , , China, , , Latin America, and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 24: World 15-Year Perspective for Dental Lights by Geographic Region - Percentage Breakdown of Value Sales for , , , China, , , , and for Years 2012, 2020 & 2027 Table 25: World Current & Future Analysis for Sensors by Geographic Region - , , , China, , , , and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 Table 26: World Historic Review for Sensors by Geographic Region - , , , China, , , Latin America, and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 27: World 15-Year Perspective for Sensors by Geographic Region - Percentage Breakdown of Value Sales for , , , China, , , , and for Years 2012, 2020 & 2027 Table 28: World Current & Future Analysis for Other Applications by Geographic Region - , , , China, , , , and Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 Table 29: World Historic Review for Other Applications by Geographic Region - , , , China, , , , and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 30: World 15-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for , , , China, , , , and for Years 2012, 2020 & 2027 Table 31: World Current & Future Analysis for Hospitals by Geographic Region - , , , China, , , , and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 Table 32: World Historic Review for Hospitals by Geographic Region - , , , China, , , Latin America, and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 33: World 15-Year Perspective for Hospitals by Geographic Region - Percentage Breakdown of Value Sales for , , , China, , , , and for Years 2012, 2020 & 2027 Table 34: World Current & Future Analysis for Specialty Clinics by Geographic Region - , , , China, , , , and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 Table 35: World Historic Review for Specialty Clinics by Geographic Region - , , , China, , , , and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 36: World 15-Year Perspective for Specialty Clinics by Geographic Region - Percentage Breakdown of Value Sales for , , , China, , , , and for Years 2012, 2020 & 2027 Table 37: World Current & Future Analysis for Ambulatory Surgical Centers by Geographic Region - , , , China, , , , and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 Table 38: World Historic Review for Ambulatory Surgical Centers by Geographic Region - , , , China, , , , and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 39: World 15-Year Perspective for Ambulatory Surgical Centers by Geographic Region - Percentage Breakdown of Value Sales for , , , China, , , , and for Years 2012, 2020 & 2027 Table 40: World Current & Future Analysis for Other End-Uses by Geographic Region - , , , China, , , , and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 Table 41: World Historic Review for Other End-Uses by Geographic Region - , , , China, , , , and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 42: World 15-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for , , , China, , , , and for Years 2012, 2020 & 2027 GEOGRAPHIC MARKET ANALYSIS Aging Population in the US (2015, 2020 & 2025): 65 Years and Above Population (in Thousands) Market Analytics Table 43: Current & Future Analysis for Medical Fiber Optics by Fiber Type - Pure Silica Fiber, Polycrystalline Fiber and Polymer Optical - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 44: Historic Review for Medical Fiber Optics by Fiber Type - Pure Silica Fiber, Polycrystalline Fiber and Polymer Optical Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 45: 15-Year Perspective for Medical Fiber Optics by Fiber Type - Percentage Breakdown of Value Sales for Pure Silica Fiber, Polycrystalline Fiber and Polymer Optical for the Years 2012, 2020 & 2027 Table 46: Current & Future Analysis for Medical Fiber Optics by Application - Endoscopes, Lasers, Surgical Lights, Dental Lights, Sensors and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 47: Historic Review for Medical Fiber Optics by Application - Endoscopes, Lasers, Surgical Lights, Dental Lights, Sensors and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 48: 15-Year Perspective for Medical Fiber Optics by Application - Percentage Breakdown of Value Sales for Endoscopes, Lasers, Surgical Lights, Dental Lights, Sensors and Other Applications for the Years 2012, 2020 & 2027 Table 49: Current & Future Analysis for Medical Fiber Optics by End-Use - Hospitals, Specialty Clinics, Ambulatory Surgical Centers and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 50: Historic Review for Medical Fiber Optics by End-Use - Hospitals, Specialty Clinics, Ambulatory Surgical Centers and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 51: 15-Year Perspective for Medical Fiber Optics by End-Use - Percentage Breakdown of Value Sales for Hospitals, Specialty Clinics, Ambulatory Surgical Centers and Other End-Uses for the Years 2012, 2020 & 2027 Table 52: Canada Current & Future Analysis for Medical Fiber Optics by Fiber Type - Pure Silica Fiber, Polycrystalline Fiber and Polymer Optical - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 53: Canada Historic Review for Medical Fiber Optics by Fiber Type - Pure Silica Fiber, Polycrystalline Fiber and Polymer Optical Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 54: 15-Year Perspective for Medical Fiber Optics by Fiber Type - Percentage Breakdown of Value Sales for Pure Silica Fiber, Polycrystalline Fiber and Polymer Optical for the Years 2012, 2020 & 2027 Table 55: Canada Current & Future Analysis for Medical Fiber Optics by Application - Endoscopes, Lasers, Surgical Lights, Dental Lights, Sensors and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 56: Canada Historic Review for Medical Fiber Optics by Application - Endoscopes, Lasers, Surgical Lights, Dental Lights, Sensors and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 57: 15-Year Perspective for Medical Fiber Optics by Application - Percentage Breakdown of Value Sales for Endoscopes, Lasers, Surgical Lights, Dental Lights, Sensors and Other Applications for the Years 2012, 2020 & 2027 Table 58: Canada Current & Future Analysis for Medical Fiber Optics by End-Use - Hospitals, Specialty Clinics, Ambulatory Surgical Centers and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 59: Canada Historic Review for Medical Fiber Optics by End-Use - Hospitals, Specialty Clinics, Ambulatory Surgical Centers and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 60: 15-Year Perspective for Medical Fiber Optics by End-Use - Percentage Breakdown of Value Sales for Hospitals, Specialty Clinics, Ambulatory Surgical Centers and Other End-Uses for the Years 2012, 2020 & 2027 Graying Population Spurs Growth of Medical Fiber Optics Elderly (65 & Above Years) Population in Million in for the Years 2000-2050 Market Analytics Table 61: Japan Current & Future Analysis for Medical Fiber Optics by Fiber Type - Pure Silica Fiber, Polycrystalline Fiber and Polymer Optical - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 62: Japan Historic Review for Medical Fiber Optics by Fiber Type - Pure Silica Fiber, Polycrystalline Fiber and Polymer Optical Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 63: 15-Year Perspective for Medical Fiber Optics by Fiber Type - Percentage Breakdown of Value Sales for Pure Silica Fiber, Polycrystalline Fiber and Polymer Optical for the Years 2012, 2020 & 2027 Table 64: Japan Current & Future Analysis for Medical Fiber Optics by Application - Endoscopes, Lasers, Surgical Lights, Dental Lights, Sensors and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 65: Japan Historic Review for Medical Fiber Optics by Application - Endoscopes, Lasers, Surgical Lights, Dental Lights, Sensors and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 66: 15-Year Perspective for Medical Fiber Optics by Application - Percentage Breakdown of Value Sales for Endoscopes, Lasers, Surgical Lights, Dental Lights, Sensors and Other Applications for the Years 2012, 2020 & 2027 Table 67: Japan Current & Future Analysis for Medical Fiber Optics by End-Use - Hospitals, Specialty Clinics, Ambulatory Surgical Centers and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 68: Japan Historic Review for Medical Fiber Optics by End-Use - Hospitals, Specialty Clinics, Ambulatory Surgical Centers and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 69: 15-Year Perspective for Medical Fiber Optics by End-Use - Percentage Breakdown of Value Sales for Hospitals, Specialty Clinics, Ambulatory Surgical Centers and Other End-Uses for the Years 2012, 2020 & 2027 CHINA Rising Demand for Endoscopy to Drive Growth in the Medical Fiber Optics Market Chinese Makers Benefiting from Laser Boom in Market Analytics Table 70: & Future Analysis for Medical Fiber Optics by Fiber Type - Pure Silica Fiber, Polycrystalline Fiber and Polymer Optical - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 71: China Historic Review for Medical Fiber Optics by Fiber Type - Pure Silica Fiber, Polycrystalline Fiber and Polymer Optical Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 72: China 15-Year Perspective for Medical Fiber Optics by Fiber Type - Percentage Breakdown of Value Sales for Pure Silica Fiber, Polycrystalline Fiber and Polymer Optical for the Years 2012, 2020 & 2027 Table 73: & Future Analysis for Medical Fiber Optics by Application - Endoscopes, Lasers, Surgical Lights, Dental Lights, Sensors and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 74: China Historic Review for Medical Fiber Optics by Application - Endoscopes, Lasers, Surgical Lights, Dental Lights, Sensors and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 75: China 15-Year Perspective for Medical Fiber Optics by Application - Percentage Breakdown of Value Sales for Endoscopes, Lasers, Surgical Lights, Dental Lights, Sensors and Other Applications for the Years 2012, 2020 & 2027 Table 76: & Future Analysis for Medical Fiber Optics by End-Use - Hospitals, Specialty Clinics, Ambulatory Surgical Centers and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 77: China Historic Review for Medical Fiber Optics by End-Use - Hospitals, Specialty Clinics, Ambulatory Surgical Centers and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 78: China 15-Year Perspective for Medical Fiber Optics by End-Use - Percentage Breakdown of Value Sales for Hospitals, Specialty Clinics, Ambulatory Surgical Centers and Other End-Uses for the Years 2012, 2020 & 2027 Market Facts & Figures Expanding Elderly Population - Opportunity for Medical Fiber Optics Europe?s Aging Population - Country-wise Statistics of 65+ Population (in Thousands) for 2020 Market Analytics Table 79: Europe Current & Future Analysis for Medical Fiber Optics by Geographic Region - France, , , UK, , and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 Table 80: Europe Historic Review for Medical Fiber Optics by Geographic Region - France, , , UK, , and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 81: 15-Year Perspective for Medical Fiber Optics by Geographic Region - Percentage Breakdown of Value Sales for France, , , UK, , and Rest of Markets for Years 2012, 2020 & 2027 Table 82: Europe Current & Future Analysis for Medical Fiber Optics by Fiber Type - Pure Silica Fiber, Polycrystalline Fiber and Polymer Optical - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 83: Europe Historic Review for Medical Fiber Optics by Fiber Type - Pure Silica Fiber, Polycrystalline Fiber and Polymer Optical Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 84: 15-Year Perspective for Medical Fiber Optics by Fiber Type - Percentage Breakdown of Value Sales for Pure Silica Fiber, Polycrystalline Fiber and Polymer Optical for the Years 2012, 2020 & 2027 Table 85: Europe Current & Future Analysis for Medical Fiber Optics by Application - Endoscopes, Lasers, Surgical Lights, Dental Lights, Sensors and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 86: Europe Historic Review for Medical Fiber Optics by Application - Endoscopes, Lasers, Surgical Lights, Dental Lights, Sensors and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 87: 15-Year Perspective for Medical Fiber Optics by Application - Percentage Breakdown of Value Sales for Endoscopes, Lasers, Surgical Lights, Dental Lights, Sensors and Other Applications for the Years 2012, 2020 & 2027 Table 88: Europe Current & Future Analysis for Medical Fiber Optics by End-Use - Hospitals, Specialty Clinics, Ambulatory Surgical Centers and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 89: Europe Historic Review for Medical Fiber Optics by End-Use - Hospitals, Specialty Clinics, Ambulatory Surgical Centers and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 90: 15-Year Perspective for Medical Fiber Optics by End-Use - Percentage Breakdown of Value Sales for Hospitals, Specialty Clinics, Ambulatory Surgical Centers and Other End-Uses for the Years 2012, 2020 & 2027 FRANCE Table 91: & Future Analysis for Medical Fiber Optics by Fiber Type - Pure Silica Fiber, Polycrystalline Fiber and Polymer Optical - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 92: France Historic Review for Medical Fiber Optics by Fiber Type - Pure Silica Fiber, Polycrystalline Fiber and Polymer Optical Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 93: France 15-Year Perspective for Medical Fiber Optics by Fiber Type - Percentage Breakdown of Value Sales for Pure Silica Fiber, Polycrystalline Fiber and Polymer Optical for the Years 2012, 2020 & 2027 Table 94: & Future Analysis for Medical Fiber Optics by Application - Endoscopes, Lasers, Surgical Lights, Dental Lights, Sensors and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 95: France Historic Review for Medical Fiber Optics by Application - Endoscopes, Lasers, Surgical Lights, Dental Lights, Sensors and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 96: France 15-Year Perspective for Medical Fiber Optics by Application - Percentage Breakdown of Value Sales for Endoscopes, Lasers, Surgical Lights, Dental Lights, Sensors and Other Applications for the Years 2012, 2020 & 2027 Table 97: & Future Analysis for Medical Fiber Optics by End-Use - Hospitals, Specialty Clinics, Ambulatory Surgical Centers and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 98: France Historic Review for Medical Fiber Optics by End-Use - Hospitals, Specialty Clinics, Ambulatory Surgical Centers and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 Table 99: France 15-Year Perspective for Medical Fiber Optics by End-Use - Percentage Breakdown of Value Sales for Hospitals, Specialty Clinics, Ambulatory Surgical Centers and Other End-Uses for the Years 2012, 2020 & 2027 Table 100: Germany Current & Future Analysis for Medical Fiber Read the full report: About ReportLinker is an award-winning market research solution. 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Medical Fiber Optics Market Outlook 2020-2026: Focus on Illumination, Endoscopic Imaging, Biomedical Sensing, Laser Signal Delivery, and Other Applications
- PR Newswire - PRF - Wed Aug 26, 4:15PM CDT
PR Newswire - PRF - CMTX
Wed Aug 26, 4:15PM CDT
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Global Micromachining Market By Type, By Process, By Axis, By Industry Vertical, By Region, Industry Analysis and Forecast, 2020 - 2026
- PR Newswire - PRF - Mon Aug 24, 7:30AM CDT
PR Newswire - PRF - CMTX
Mon Aug 24, 7:30AM CDT
, /PRNewswire/ --  The Global Micromachining Market size is expected to reach by 2026, rising at a market growth of 9.7% CAGR during the forecast period. Micromachining and nanotechnology play an increasingly important role in miniaturizing components ranging from biomedical applications to chemical microreactors and sensors. Introduction to micromachining and nanofabrication is described as the primary technologies for microelectromechanical systems. Growth is powered by the growing use of such systems for the manufacture of micro-components in sectors such as automotive, healthcare, consumer electronics, telecommunications and aerospace. Increasing developments in manufacturing technology have resulted in a reduction in the time taken for the manufacture of parts, which has further spurred consumer demand.Read the full report: In terms of both sales and production, the semiconductor and electronics industry play a crucial role in the global economy. Both the global semiconductor and the electronics industry have witnessed a robust growth rate over the last few years due to continuous technological advances and investment in research and development activities. The penetration of advanced technologies such as Artificial Intelligence (AI), 5G, Internet of Things (IoT) and Autonomous Vehicles in various industries pushes the limits of every industry and presents an enormous growth opportunity for the global semiconductor & electronics industry.In recent years, there has been a substantial increase in the efficiency of micromachining equipment owing to the growing usage of proximity sensors to quantify errors in such equipment that are driving market growth. Initiatives have been pursued by numerous governments, including and , for initiatives such as the promotion of technologies and policies to boost industrial development. The rapidly changing technology landscape of manufacturing and process industries worldwide has often motivated industrial firms to invest in innovative manufacturing techniques.Based on Type, the market is segmented into Non-traditional, Traditional and Hybrid. Based on Process, the market is segmented into Subtractive and Additive & Others Based on Axis, the market is segmented into 3-Axis, 4-Axis and 5-Axis. Based on Industry Vertical, the market is segmented into Automotive, Semiconductors & Electronics, Healthcare, Aerospace & Defense, Telecommunications, Plastics & Polymers, Power & Energy and Others. Based on Regions, the market is segmented into , , , and , & .The major strategies followed by the market participants are Partnerships and Product Launches. Based on the Analysis presented in the Cardinal matrix; Mitsubishi Heavy Industries Ltd., IPG Photonics Corporation, and Georg Fischer Ltd. are the forerunners in the Micromachining Market. Companies such as Coherent, Inc., Makino Milling Machine Co., Ltd., and Lumentum Holdings, Inc., MKS Instruments, Inc., and Han's Laser Technology Industry Group Co., Ltd. are some of the key innovators in the market.The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include MKS Instruments, Inc. (Electro Scientific Industries), Mitsubishi Heavy Industries Ltd., Lumentum Holdings, Inc., IPG Photonics Corporation, Georg Fischer Ltd., Coherent, Inc., Oxford Lasers Ltd., Makino Milling Machine Co., Ltd., Han's Laser Technology Industry Group Co., Ltd., and Heraeus Holding GmbH.Recent strategies deployed in Micromachining MarketAcquisition and Mergers:Jun-2018: Coherent acquired O.R. Lasertechnologie GmbH, a developer of compact, high-precision tools for laser additive manufacturing. The acquisition complemented Coherent's product line in additive manufacturing.May-2017: IPG Photonics acquired OptiGrate Corporation, a pioneer and leading manufacturer of the highest-quality chirped volume Bragg grating (VBG) technologies. The acquisition completed IPG's internal set of core components for the new ultrafast pulsed laser product lines.Nov-2016: Coherent completed the acquisition of ROFIN-SINAR Technologies, Inc., one of the world's leading developers and manufacturers of high-performance industrial laser sources and laser-based solutions and components. The acquisition reinforced the company's business in laser-based solutions.May-2016: GF Machining Solutions took over Microlution Inc., a specialist in micro-machining based on milling and laser technologies. The acquisition broadened its technology portfolio for fulfilling the needs of its key target sectors such as the aerospace and medical fields.Apr-2016: MKS Instruments took over Newport Corporation, a supplier of advanced technology products and systems. The acquisition broadened its portfolio of technology solutions.Partnerships, Collaborations, and Agreements:Aug-2019: IPG Photonics teamed up with The Brose Group, an automotive supplier. The collaboration was focused on the development of the first direct weld measurement technology for automotive seat rails. In-line coherent imaging (ICI) technology will increase manufacturing efficiency, streamline validation, and minimize waste.Product Launches and Product Expansions:Jun-2020: Coherent added EasyMark XL to its Laser Marking Systems Product Line. EasyMark XL is a fully integrated, desktop laser marking system, which offers an expanded working range and longer focal lengths.Mar-2020: Lumentum Holdings launched three breakthrough high-speed datacom laser chips. These chips were aimed to enable the growth of future hyperscale data centers and 5G wireless applications.Mar-2020: Lumentum Holdings introduced a series of advanced 980 nanometers (nm) single-mode pump lasers. The new 980 nm pump lasers offer significantly higher power and higher efficiency, enabling high-density erbium-doped fiber amplifier (EDFA) designs.Feb-2020: MKS Instruments released Spectra-Physics Spirit 1030-140, an industrial femtosecond hybrid fiber laser. The laser provides high throughput, highest quality micromachining of polymers, thin metals, sapphire, polycrystalline diamond, and many other materials for consumer electronics, medical devices, and industrial applications.Sep-2019: Coherent launched PowerLine C, a new versatile laser subsystem. It is a CO2 laser-based sub-system that offers a combination of convenience, versatility, and economy for precision drilling, cutting, scribing, structuring, marking, and engraving of a wide range of materials.Aug-2019: Han's Laser launched Multi-axis Ultra-fast Micro-machining Equipment, HN-GY-PS60. This equipment can realize X, Y, Z motion control in three directions as well as real-time Controls the rotation of the laser and changes of processing tilt angle.Jul-2019: Makino introduced U6 H.E.A.T. Extreme Wire EDM Utilizing First?of?its?Kind 0.016" Coated Wire Technology. The EDM increases rough machining rates up to 300% compared to traditional 0.010" brass wire while maintaining comparable wire consumption rates of 0.6 0.7 lbs./hour. The U6 H.E.A.T. Extreme also features Makino's HyperDrive Extreme wire control system to improve machine speed and performance.Jun-2019: Makino released the F5 Pro6 vertical machining center. The center has been designed for providing stiffness and rigidity for chatter-free cutting, agility for high-speed/hard-milling, and accuracies for tight-tolerance blends and matches typical of complex, 3D contoured geometry associated with die/mold and medical production.Feb-2019: Coherent introduced ExactCut, the first system in its Precision Laser Machines. ExactCut micromachining systems combine intelligence, integration, and interconnectivity for precision cutting of metals, alloys, sapphire, polycrystalline diamond (PCD), and ceramics. The ExactCut has been designed for easy integration into high volume production, with a variety of interfaces for specialty tooling, rotary or linear stages, part handling robotics, and conveyor belts.Geographical Expansions:Apr-2020: Coherent, Inc. opened a new Center of Excellence for Fiber Lasers in . The center would streamline the production flow. The company would combine stand-alone fiber laser source assembly and testing at the same site with the manufacture of fiber laser components, laser engines, and combiners.Nov-2019: GF Machining Solutions and GF Piping Systems opened a new headquarter in for strengthening direct sales and service support for Canadian manufacturers. With this facility, the company expanded its warehouse space and inventory by 100 percent for even more availability of and access to all GF Piping Systems products, both industrial and utility.Sep-2019: GF Machining Solutions opened an innovation and production center in Biel (). The company expanded its business in lasers and components.Scope of the StudyMarket Segmentation:By Type• Non-traditional• Traditional• HybridBy Process• Subtractive• Additive & OthersBy Axis• 3-Axis• 4-Axis• 5-AxisBy Industry Vertical• Automotive• Semiconductors & Electronics• Healthcare• Aerospace & Defense• Telecommunications• Plastics & Polymers• Power & Energy• OthersBy Geography• o USo o o Rest of • o o UKo o o o o Rest of • o o o o o o o Rest of • LAMEAo o o UAEo o o o Rest of LAMEACompanies Profiled• MKS Instruments, Inc. (Electro Scientific Industries)• Mitsubishi Heavy Industries Ltd.• Lumentum Holdings, Inc.• IPG Photonics Corporation• Georg Fischer Ltd.• Coherent, Inc.• Oxford Lasers Ltd.• Makino Milling Machine Co., Ltd.• Han's Laser Technology Industry Group Co., Ltd.• Heraeus Holding GmbHUnique Offerings • Exhaustive coverage• Highest number of market tables and figures• Subscription based model available• Guaranteed best price• Assured post sales research support with 10% customization freeRead the full report: About ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare:  US: (339)-368-6001 Intl: +1 339-368-6001 
Price History Describes more index sector components

Price Performance

Period Period Low Period High Performance
1-Month 103.00 +4.51% increase
on 09/24/20
Period Open:110.28
Price movement based on the high, low and last over the given period.
118.64 -9.26% decrease
on 09/02/20
-2.63 (-2.38%) decrease
since 08/25/20
3-Month 103.00 +4.51% increase
on 09/24/20
Period Open:133.68
Price movement based on the high, low and last over the given period.
149.03 -27.77% decrease
on 08/05/20
-26.03 (-19.47%) decrease
since 06/25/20
52-Week 78.21 +37.64% increase
on 03/18/20
Period Open:151.56
Price movement based on the high, low and last over the given period.
178.08 -39.55% decrease
on 01/14/20
-43.91 (-28.97%) decrease
since 09/25/19

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