Medical Fiber Optics Market To Witness A Significant Growth Of USD 1.6 Billion By 2030
San Francisco, 23 March 2022: The Report Medical Fiber Optics Market Size, Share & Trends Analysis Report By Fiber Type (Single Mode Optical Fiber, Multimode Optical Fiber), By Application, By Region, And Segment Forecasts, 2022 - 2030 The global medical fiber optics market size is expected to reach USD 1.6 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.0% from 2022 to 2030. The market growth can be credited to the advancements in healthcare infrastructure, readiness to adopt technologically advanced products, growing prevalence of cancer, and rising awareness regarding minimally invasive surgeries. The growing adoption of laser technology in various healthcare services and a surge in endoscopic procedures for diagnostic and therapeutic purposes are the key factors fueling the market growth. The growing trend of opting for minimally invasive surgeries over conventional open surgeries owing to the benefits associa