Dublin, March 12, 2021 (GLOBE NEWSWIRE) — The “Medical Fiber Optics – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
The global market for Medical Fiber Optics is projected to reach US$ 1.3 billion 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…