UAE Medical Fiber Optics Market Size & Outlook, 2022-2030
UAE medical fiber optics market, 2016-2030 (US$M)
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UAE medical fiber optics market highlights
- The UAE medical fiber optics market generated a revenue of USD 35.5 million in 2022 and is expected to reach USD 68.1 million by 2030.
- The UAE market is expected to grow at a CAGR of 8.5% from 2023 to 2030.
- In terms of segment, multimode optical fiber was the largest revenue generating type in 2022.
- Plastic Optical Fiber (POF) is the most lucrative type segment registering the fastest growth during the forecast period.
Medical fiber optics market data book summary
| Market revenue in 2022 | USD 35.5 million |
| Market revenue in 2030 | USD 68.1 million |
| Growth rate | 8.5% (CAGR from 2022 to 2030) |
| Largest segment | Multimode optical fiber |
| Fastest growing segment | Plastic Optical Fiber (POF) |
| Historical data | 2016 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single Mode Optical Fiber, Multimode Optical Fiber, Plastic Optical Fiber (POF), Fiber Bundles |
| Key market players worldwide | Integra Lifesciences Holdings Corp, Coherent Corp, Leoni AG ADR, MKS Instruments Inc, Schott Pharma AG & CO KGaA, Hirose Electric Co Ltd, Georg Fischer AG, Smiths Group PLC, Molex |
Other key industry trends
- In terms of revenue, UAE accounted for 0.8% of the global medical fiber optics market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia medical fiber optics market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 92.5 million by 2030.
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Medical Fiber Optics Market Scope
Medical Fiber Optics Market Companies
| Name | Profile | # Employees | HQ | Website |
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UAE medical fiber optics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical fiber optics market will help companies and investors design strategic landscapes.
Multimode optical fiber was the largest segment with a revenue share of 43.94% in 2022. Horizon Databook has segmented the UAE medical fiber optics market based on single mode optical fiber, multimode optical fiber, plastic optical fiber (pof), fiber bundles covering the revenue growth of each sub-segment from 2016 to 2030.
The medical fiber optics market in the UAE is expected to grow at a CAGR of 5.8% over the forecast period. Key factors anticipated to drive the market include growing preference of patients for the use of lasers in cosmetology.
In the UAE, colorectal cancer is the first and fourth most common cancer in men & women, respectively. Moreover, about 1 in every 20 people in the country suffer from this cancer at least once in their life owing to poor diet choices.
As a result, the government has introduced various advanced screening programs, such as colonoscopy and sigmoidoscopy, to promote early detection. Such initiatives are anticipated to drive the market over the forecast period.
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Our clientele includes a mix of medical fiber optics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the UAE medical fiber optics market , including forecasts for subscribers. This country databook contains high-level insights into UAE medical fiber optics market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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UAE medical fiber optics market size, by type, 2016-2030 (US$M)
UAE Medical Fiber Optics Market Outlook Share, 2022 & 2030 (US$M)
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