Market Overview:
The global reusable laser fiber in medical market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into diameter below 300 μm, diameter 300-600 μm, and diameter above 600 μm. Diameter below 300 μm held a dominant share in 2017 and is expected to maintain its dominance during the forecast period. This can be attributed to its low cost as compared to other types of fibers and easy availability across regions. However, with technological advancements being made in this field regularly, it is likely that other types will gain prominence over time. On the basis of application, urology held a dominant share in 2017 and is expected to maintain its dominance during the forecast period owing to increasing incidence rates for urinary tract infections (UTIs) globally coupled with rising demand for minimally invasive surgeries for treatment thereof.
Product Definition:
A fiberoptic laser is a laser in which the light is transmitted through optical fibers. The output of a fiberoptic laser can be very consistent and controllable, making it ideal for use in medical applications such as surgery.
Diameter Below 300 μm:
Diameter below 300 μm (DB300) is the category of ultra-thin diameter fibers that are less than 0.3mm thick and can be used for various medical applications. The most common application of DB300 is in the field of ophthalmology, where they are used to treat diseases such as glaucoma and cataract.
Diameter 300-600 μm:
Diameter 300-600 μm is the narrowest range of laser fiber used in medical sector. It's main application includes endoscopy and flexible bronchoscopy. The optical fibers are used to guide light into small intestine and lungs respectively for viewing purposes.
Application Insights:
Based on application, the global market has been segmented into urology, obstetrics and gynecology (O&G), vein treatment, plastic surgery, dermatology and others. The O&G segment dominated the market in 2017 owing to a high prevalence of female reproductive system disorders such as polycystic ovary syndrome (PCOS) that require surgical intervention. According to estimates published by WHO in 2018, around 40 million women are affected by PCOS globally.
The urology segment is expected to witness lucrative growth over the forecast period due to an increase in demand for minimally invasive surgeries for treating prostate cancer and other male reproductive organ disorders. Minimally invasive surgeries involve little or no pain during or after surgery as compared to conventional surgeries where patients experience considerable pain post-surgery due largely on account of nerve compression caused by swelling around organs during conventional surgeries performed via open procedures.
Regional Analysis:
North America dominated the global market in 2017 owing to the increasing number of cosmetic and reconstructive surgeries, rising prevalence of chronic diseases, and growing demand for minimally invasive procedures. The U.S.
The key players operating within this industry are Coherent Vein (USA) Inc.; Lumenis Ltd.; ReWalk Robotics Inc.; Stryker Corporation; Zimmer Biomet Holdings Inc.; Cyberonics LLC (formerly Arthrex, inc.).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 7.8% from 2016 to 2021. This is primarily due to the advantages offered by these surgeries over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Laser fibers are increasingly being used in minimally invasive surgeries as they offer superior precision and accuracy when compared to other surgical instruments.
- Growing prevalence of chronic diseases: The global prevalence of chronic diseases such as cancer, heart disease, and diabetes is on the rise due to changing lifestyles and aging populations. These diseases are often treated with laser-based therapies which require the use of laser fiber optics for delivery of energy into the target tissue area. As a result, there is growing demand for reusable laser fiber optics in medical applications worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Reusable Laser Fiber in Medical Market Research Report
By Type
Diameter Below 300 μm, Diameter 300-600 μm, Diameter Above 600 μm
By Application
Urology, OB/GYN, Vein Treatment, Dermatology, Plastic Surgery, Others
By Companies
Boston Scientific, C. R. Bard, Cook Medical, Olympus, Lumenis, Spectranetics, MED-Fibers, Biolitec, ForTec Medical, Clarion Medical, Hecho Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Reusable Laser Fiber in Medical Market Report Segments:
The global Reusable Laser Fiber in Medical market is segmented on the basis of:
Types
Diameter Below 300 μm, Diameter 300-600 μm, Diameter Above 600 μm
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Urology, OB/GYN, Vein Treatment, Dermatology, Plastic Surgery, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Boston Scientific
- C. R. Bard
- Cook Medical
- Olympus
- Lumenis
- Spectranetics
- MED-Fibers
- Biolitec
- ForTec Medical
- Clarion Medical
- Hecho Technology
Highlights of The Reusable Laser Fiber in Medical Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Diameter Below 300 μm
- Diameter 300-600 μm
- Diameter Above 600 μm
- By Application:
- Urology
- OB/GYN
- Vein Treatment
- Dermatology
- Plastic Surgery
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Reusable Laser Fiber in Medical Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Reusable laser fiber is a type of medical equipment that uses lasers to treat various medical conditions. The fiber can be used multiple times, which makes it more cost-effective than traditional medical equipment.
Some of the major players in the reusable laser fiber in medical market are Boston Scientific, C. R. Bard, Cook Medical, Olympus, Lumenis, Spectranetics, MED-Fibers, Biolitec, ForTec Medical, Clarion Medical, Hecho Technology.
The reusable laser fiber in medical market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Reusable Laser Fiber in Medical Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Reusable Laser Fiber in Medical Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Reusable Laser Fiber in Medical Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Reusable Laser Fiber in Medical Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Reusable Laser Fiber in Medical Market Size & Forecast, 2020-2028
4.5.1 Reusable Laser Fiber in Medical Market Size and Y-o-Y Growth
4.5.2 Reusable Laser Fiber in Medical Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Diameter Below 300 μm
5.2.2 Diameter 300-600 μm
5.2.3 Diameter Above 600 μm
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Urology
6.2.2 OB/GYN
6.2.3 Vein Treatment
6.2.4 Dermatology
6.2.5 Plastic Surgery
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Reusable Laser Fiber in Medical Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Reusable Laser Fiber in Medical Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Diameter Below 300 μm
9.6.2 Diameter 300-600 μm
9.6.3 Diameter Above 600 μm
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Urology
9.10.2 OB/GYN
9.10.3 Vein Treatment
9.10.4 Dermatology
9.10.5 Plastic Surgery
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Diameter Below 300 μm
10.6.2 Diameter 300-600 μm
10.6.3 Diameter Above 600 μm
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Urology
10.10.2 OB/GYN
10.10.3 Vein Treatment
10.10.4 Dermatology
10.10.5 Plastic Surgery
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Diameter Below 300 μm
11.6.2 Diameter 300-600 μm
11.6.3 Diameter Above 600 μm
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Urology
11.10.2 OB/GYN
11.10.3 Vein Treatment
11.10.4 Dermatology
11.10.5 Plastic Surgery
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Diameter Below 300 μm
12.6.2 Diameter 300-600 μm
12.6.3 Diameter Above 600 μm
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Urology
12.10.2 OB/GYN
12.10.3 Vein Treatment
12.10.4 Dermatology
12.10.5 Plastic Surgery
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Diameter Below 300 μm
13.6.2 Diameter 300-600 μm
13.6.3 Diameter Above 600 μm
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Urology
13.10.2 OB/GYN
13.10.3 Vein Treatment
13.10.4 Dermatology
13.10.5 Plastic Surgery
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Reusable Laser Fiber in Medical Market: Competitive Dashboard
14.2 Global Reusable Laser Fiber in Medical Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Boston Scientific
14.3.2 C. R. Bard
14.3.3 Cook Medical
14.3.4 Olympus
14.3.5 Lumenis
14.3.6 Spectranetics
14.3.7 MED-Fibers
14.3.8 Biolitec
14.3.9 ForTec Medical
14.3.10 Clarion Medical
14.3.11 Hecho Technology
