US$1 billion by the year 2017

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Valdor is a high technology company specializing in the design and manufacture of fiber optic connectors, laser pigtails, splitters, and other optical and optoelectronic components.

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US$1 billion by the year 2017

posted on May 06, 2012 04:16AM

GIA announces the release of a comprehensive global report on Medical Fiber Optics market. The global market for Medical Fiber Optics is forecast to reach US$1 billion by the year 2017, driven by the surging demand for medical fiber optic systems. Additionally, opportunities in the marketplace are also stemming from newer application areas, coupled with the increasing demand for surgical equipment which aid in minimally invasive surgery.