Global medical fiber optics market: $1 billion industry by 2018

Press Release   •   Aug 14, 2013 16:31 BST

The global Medical Fiber Optics market is projected to exceed US$995 million by 2018, driven by increasing demand for advanced diagnosis and treatment devices.

In response to the evolving needs of the medical industry, a range of specialty optical fibers have been introduced in recent years featuring improved damage thresholds at high power levels and tight bend radius that minimizes optical loss. Also, rapid developments in fiber-laser technology are likely to create new potential avenues in medicine and surgical applications in the coming years.

Although the prime course of research and development in technology has been in the telecom and industrial sectors, several organizations are effectively focusing on employing fiber-lasers in medical applications, including skin resurfacing, optical coherence tomography, and microsurgery.

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