Market Research Report
Biomedical Fiber Optic Sensors Applications & Markets
|Biomedical Fiber Optic Sensors Applications & Markets|
Published: May 10, 2022
Information Gatekeepers Inc.
Delivery time: 1-2 business days
Optical fibers and fiber-optic sensors (FOS) have been attracting attention in the healthcare industry in recent years, leading to a wave of research activity and development of new products. Given their EM immunity, intrinsic safety, small size and weight, autoclave compatibility, and capability to perform multi-point and multi-parameter sensing remotely, fiber-optic-based sensors are ideally suited for a broad variety of applications - invasive and non-invasive - in life sciences, clinical research, medical monitoring, and diagnostics, ranging from laser delivery systems, to disposable blood gas sensors, to intra-aortic pressure probes.
Optical fibers have a variety of different uses in the medical industry, including endoscopes, illumination systems, fiber laser delivery probes, imaging systems (such as Optical Coherence Tomography - OCT), and of course, sensors. At present, the market share of this global market by fiber-optic sensors is relatively small - estimated to be at around $250 million in 2020 and growing at double-digit CAGR. However, the potential is tremendous, and fiber-optic biomedical sensors provide capabilities and features that cannot be attained with other technologies.
This report reviews the advantages of using optical fibers and fiber sensors and discusses what makes them such an attractive, flexible, reliable, and unique solution for the healthcare and life sciences industries. Present industry trends, commercial and technical drivers, as well as the various biomedical fiber sensor types and associated applications, are reviewed. The report also presents a market analysis on the future opportunities for optical fiber sensors in biomedical applications, with market forecasts out to 2025. Key industry trends are identified, along with relevant commercial opportunities and associated regulatory approval hurdles and technical challenges.