Rising Demand For Medical Fiber Optics In Global Market: Asia to Witness Highest Growth by 2019

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Optical fiber is a flexible, transparent fiber made up of high quality glass, plastic and silica. Optical fibers are used in illumination and are of broadly two types: multiple mode and single mode fiber. Single mode fiber has a small core (only 9 microns in diameter). The small core size limits the transmitted light in the fiber, which minimizes dispersion of light pulses. However, multimode fiber has a large core diameter of about 50-62.5 microns. Therefore, multimode fiber can propagate more than one mode of light. Fiber optics technology has exciting new fields of applications in the medical industry. Fiber optics is commonly used for illumination and light conductors, flexible image bundles, flexible light guides and laser delivery systems. Medical Fiber Optics application include X-ray imaging, lab and clinical diagnostics, ophthalmic lasers, light therapy, dental hand pieces, surgical, diagnostic instrumentation, surgical microscopy and endoscopy.

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 fiberoptics and fiberoptic 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 improvement of healthcare services.

In Europe, 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, medical fiber optics market is growing due to medical infrastructure development, government initiative programs, and 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.

Globally, medical fiber optics is gaining popularity due to 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.

However, stringent regulations and standards impede growth of the medical fiber optics market. The risk related with high intensity of lights also restrains growth of the medical fiber optics market. Medical fiber optics technology uses 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.

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The report provides in-depth analysis and estimation of the medical fiber optics market from 2013 to 2019, considering 2013 as the base year for calculation. Additionally, data pertaining to current market dynamics including market drivers, restraints, trends and recent developments has been provided in the report.

Some of the major players operating in the medical fiber optics market are LEONI, TRUMPF, SCHOTT, Coherent, Inc. and IPG Photonics. These key market players have been profiled based on attributes such as company overview, recent developments, growth strategies, sustainability and financial overview.

Table Of Content

FIG. 1 Global Medical Fiber Optics Market: Porters five forces analysis 12
FIG. 2 Fiber Optics Technology, by optical fiber bundles/multi-fibers types and light sources 16
FIG. 3 Global market of medical fiber optics, by geography 2013E (% share) 24
FIG. 4 Global market of fiber optics endoscopes, by geography 2013E (% share) 27
FIG. 5 Global market of laser fiberoptics, by geography 2013E (% share) 29
FIG. 6 Global market of fiberoptic surgical lights, by geography 2013E (% share) 31
FIG. 7 Global market of fiberoptic dental lights, by geography 2013E (% share) 33
FIG. 8 Global market of fiberoptic sensors, by geography 2013E (% share) 35
FIG. 9 The North American market of medical fiber optics, by country 2013E (% share) 38
FIG. 10 The U.S. market of medical fiber optics, by application 2013E (% share) 41
FIG. 11 Canadian market of medical fiber optics, by application 2013E (% share) 44
FIG. 12 The European market of medical fiber optics, by country 2013E (% share) 46
FIG. 13 German market of medical fiber optics, by application 2013E (% share) 49
FIG. 14 French market of medical fiber optics, by application 2013E (% share) 51
FIG. 15 The U.K. market of medical fiber optics, by application 2013E (% share) 53
FIG. 16 Spain market of medical fiber optics, by application 2013E (% share) 56
FIG. 17 Russian market of medical fiber optics, by application 2013E (% share) 59
FIG. 18 Italian market of medical fiber optics, by application 2013E (% share) 62
FIG. 19 The Asian market of medical fiber optics, by country 2013E (% share) 65
FIG. 20 Japanese market of medical fiber optics, by application 2013E (% share) 67

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Various Technology Used In Global Adaptive Optics Market Includes Wafefront Modulator, Wavefront Sensor And Control System During 2016 - 2024

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Adaptive optics is a technology used to enhance the efficiency of an optical system by reducing the wavefront distortion effects. Adaptive optics primarily aims to correct the deformation of a coming wavefront by defacing a mirror for compensating the distortion. In order to provide an in-depth analysis of the adaptive optics market, the market has been segmented on the basis of technology, application and geography. Various technology used in adaptive optics includes wafefront modulator, wavefront sensor and control system. Adaptive optics also finds its application across various sectors including biomedical, defense and security, astronomy, manufacturing, consumer devices and communication. The market of adaptive optics is estimated to experience an exponential growth rate during the forecast period from 2016 to 2024 owing to rapid growth of various application segment across the globe.

Global Adaptive Optics Market: Growth Dynamics
Initiatives taken by the government to encourage rapid research and development activities in the optics industry is the primary factor responsible for the growing demand of technologically advanced adaptive optics during the forecast period from 2016 to 2024. In addition, increasing demand of adaptive optics from medical sector, astronomy and cellular imaging sector coupled with reduction in price of adaptive optics components owing to rapid technological advancement in material technology is also predicted to trigger the demand of adaptive optics in the coming years. In addition, rapid growth of the ophthalmology and retinal imaging treatments across the globe due to growing number of aging population and increasing adoption of retinal implants is also anticipated to create a better opportunity for various adaptive optics manufacturers during the forecast period.

However, Increasing regulatory compliances in line up with rising health treatment cost due to tax reforms are some of the major factors anticipated to affect the market growth of adaptive optics in the coming years. Adaptive optics technology involves aiming high frequency lasers into the lower atmosphere to correct for atmospheric distortions. There are different regulatory issues pertaining to the use of powerful lasers, which in turn is restraining the growth of adaptive optics market to some extent.

Global Adaptive Optics Market: Scope of the Report
This report highlights the current market synopsis of the adaptive optics market along with future anticipated market growth during the period from 2016 to 2024. In addition, various political, economic, social and technological factors that are anticipated to affect the current and future demand of adaptive is also provided in this report. In addition, information related to key players operating in the market along with their market share and key strategies adopted to maintain their leading position is also provided in this report. The report also contains the present market size of adaptive optics technology in terms of revenue (USD Million) along with predictive forecast from 2016 to 2024.

Global Adaptive Optics Market: Segmentation
Based on technology, the global adaptive optics market is majorly driven by wavefront sensors with highest market share in 2015. Extensive use of wavefront sensor for detecting the state of wavefront across the adaptive optic technology is the primary factor behind this segment's dominance. However, the market for control system used to measures the shape of the wavefront and produces signals that represent the wavefront, is predicted to experience the most promising market during the forecast period from 2016 to 2024.

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By application, adaptive optics is majorly used in defense and security sector. The defense and security sector held the largest market share in 2015 and is predicted to maintain its dominance in the coming years. Adaptive optics are increasing used various defense communication system, surveillance and laser missile defense system. On the other hand, in terms of growth, consumer devices is predicted to witness the most promising market during the forecast period. Increasing demand for consumer devices having quick response, high optical quality and less power consumption are some of the key factors anticipated to boost the demand adaptive optics from various consumer goods manufacturers in the coming years.

Some of the major players operating in the adaptive optics market include includes Benchmark Electronics, Inc. (U.S.), Northrop Grumman Corporation (U.S.), IRIS AO, Inc. (U.S.), Olympus Corp. (Tokyo), Boston Micromachines Corporation (U.S.), Raytheon Co. (U.S.), Canon Inc. (Japan), Carl Zeiss Meditec AG (Germany), Celestron LLC (U.S.) and Sacher Lasertechnik Gmbh (Germany) among others.

The global adaptive optics has been segmented as follows:

Global Adaptive Optics Market, By Technology

• Wavefront Modulator
• Wavefront Sensor
• Control System

Global Adaptive Optics Market, By Application

• Biomedical
• Defense and Security
• Astronomy
• Manufacturing
• Consumer devices
• Communication

Global Adaptive Optics Market, By Geography

• North America
• The U.S.
• Rest of North America
• Europe
• The U.K.
• Germany
• France
• Italy
• Rest of Europe
• Asia Pacific

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Various Benefits Of Free Space Optics In Global Market Throughout The Forecast Period 2014 - 2020

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Free-space optics (FSO) uses optical signals as carrier frequencies to provide point-to-point transmission of information through the atmosphere. Free-space optical (FSO) communication transmits data wirelessly for computer networking and telecommunications through the light propagating in free space. Unlike optical fiber cables which require a physical connection for transmission of data, free-space optics (FSO) can use any free space such as air, vacuum or outer space as a medium. Free-space optics, being a line-of-sight communication technology, can be used where it is impractical to establish physical connections due to high costs or several other considerations. Adding to the benefits of optical fiber communication technology, free-space optics communication offers lower costs, easy installations and quick establishment of network.

One of the major factors driving the FSO market is that licensing is not required for establishing a communication network using FSO. Thus, unlike other wired or wireless communication networks, FSO installation doesn’t incur a high initial cost. Other factors such as increasing number of internet users and incorporation of FSO in the existing 3G and 4G networks have provided immense opportunities for the FSO market. Technological aspects such as faster activation of service, scalability and flexibility are leading to the growth of FSO communication market. Free-space optics is also preferred over other communications due to the need for high-speed access interfaces, real-time provisioning and metro gap elimination. However, since it uses light beams to transmit data over the atmosphere, FSO faces a serious restraint of environmental interference. Any environmental interference faced by the optic signal causes degradation of signal in terms of speed, quality or efficiency. Other challenges such as standardization and initial installations hamper the growth of FSO market in communication technology. 

Due to its benefits such as easy installation, cost-effectiveness, and quick establishment of communication channel and high band width provision, FSO has found a wide range of applications. The increasing demand for communication links in telecommunication applications, broadcast, disaster management and security systems and mass transit has led to the growing number of applications of FSO in various industries. The FSO application market comprises mobile application, terrestrial applications and satellite applications. Terrestrial applications encompass numerous uses of FSO in healthcare, enterprise connectivity, engineering and design, defense security and disaster recovery. FSO has also found applications in various other industries such as under water automotive, aerospace, smart stores, casinos, museums and healthcare.

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Companies in the free-space optics industry have identified various opportunities for FOS applications and have invested heavily in research and development activities in several segments. Opportunities such as solution for outdoor connectivity, affordable extensions to the existing fiber network, replacement of old technologies in enterprises and increasing number of programs for space research have shown promising growth in the FSO market. Some of the key players in the FSO market include Nakagawa Laboratories, Inc., Outstanding Technology Co. Ltd. and Casio Computer Co. Ltd. from Japan, Oldecomm-France LiFi from France, fSONA Networks Corp. from Canada, Gallium Lighting LLC, LSA Associates Inc., Supreme Architecture Inc. and LightPointe Communications Inc. from U.S. and IBSENtelecom Ltd. and Wireless Excellence Limited from U.K. 

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 

• North America 
• Asia Pacific 
• Europe
• Rest of the World  

This report provides comprehensive analysis of 

• Market growth drivers 
• Factors limiting market growth
• Current market trends 
• Market structure
• Market projections for upcoming years 

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. 

Reasons for Buying this Report

• This report provides pin-point analysis for changing competitive dynamics
• It provides a forward looking perspective on different factors driving or restraining market growth 
• It provides a six-year forecast assessed on the basis of how the market is predicted to grow 
• It helps in understanding the key product segments and their future
• It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
• It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments 
• It provides distinctive graphics and exemplified SWOT analysis of major market segments 

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