LEDs Used in Test - Measurement & Medical Science Devices Market

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LEDs Used in Test-Measurement Medical Science
Devices Market
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Summary
This report provides the research findings of our
study of the worldwide consumption of packaged
Light Emitting Diodes (LEDs) in Test/ Measurement
and Medical Science Devices. This report provides
global market data covering the years 2015-2022.
The market data are segmented into the
following geographic regions, plus a Global
summary North, Central and South America
(America) Europe, plus Middle Eastern and
African countries (EMEA) Asia Pacific (APAC)
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The market data for are also segmented by the
following colors (type) Red Green Blue
White Multiple Color/Multiple Chip UV and
Other The term biop hotonics denotes a
combination of biology and photonics, with
photonics being the science and technology of
generation, manipulation, and detection of
photons, quantum units of light.
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Biophotonics has become the established general
term for all techniques that deal with the
interaction between biological items and photons.
This refers to emission, detection, absorption,
reflection, modification, and creation of
radiation from biomolecular, cells, tissues,
organisms and biomaterials. Areas of application
are life science, medicine, agriculture, and
environmental science. Similar to the
differentiation between "electric" and
"electronics" a difference can be made between
applications, which use light mainly to transfer
energy via light (such as therapy or surgery) and
applications which excite matter via light and
transfer information back to the operator (like
diagnostics). In most cases the term biophotonics
is only referred to the second case however, in
this ElectroniCast study, we cover both uses of
the LED packaged chips in test/measurement,
medical, biophotonics and other related science
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This report provides the market data by the
following functions Consumption Value (US,
million) Quantity (number/units) Average
Selling Prices (ASP , each)The value is
determined by multiplying the number of units by
the average selling price (ASP). The ASPs are
based on the price of the packaged LED at the
initial factory level. The value is then based on
the end-use application and the end-use
region. Information Base for the Market Forecast
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Primary Research This study is based on analysis
of information obtained continually over the past
several years, but updated through the end of
February 2016. During this period, ElectroniCast
analysts performed interviews with authoritative
and representative individuals in the following
sectors relative to the use of LEDs medical,
science, bio-photonic, display industry,
test/measurement, instrumentation, RD,
university, military defense and government. The
interviews were conducted principally with
Engineers, marketing personnel and management at
manufacturers of LED test/measurement medical
science equipment/devices and related equipment,
as well as other technologies Design group
leaders, engineers, marketing personnel and
market planners at major users and potential
users of LEDs and test/measurement medical
science equipment/devices
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The interviews covered issues of technology, RD
support, pricing, contract size, reliability,
documentation, installation/maintenance crafts,
standards, supplier competition and other
topics.Analysis The analyst then considered
customer expectations of near term growth in
their application, plus forecasted economic
payback of investment, technology trends and
changes in government regulations in each
geographical region, to derive estimated growth
rates of quantity and price of each product
subset in each application. These forecasted
growth rates are combined with the estimated
baseline data to obtain the long-range forecasts
at the lowest detailed level of each product and
application.
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In analyzing and forecasting the complexities of
geographical regional markets, it is essential
that the market research team have a good and a
deep understanding of the technology and of the
industry. ElectroniCast members who participated
in this report were qualified.Bottom-up
Methodology ElectroniCast forecasts, as
illustrated in the forecast data structure, are
developed initially at the lowest detail level,
then summed to successively higher levels. The
background market research focuses on the amount
of each type of product used in each application
in the base year (2015), and the prices paid at
the first transaction from the manufacturer. This
forms the base year data. ElectroniCast analysts
then forecast the growth rates in component
quantity use in each application, along with
price trends, based on competitive, economic and
technology forecast trends, and apply these to
derive long term forecasts at the lowest
application levels. The usage growth rate
forecasts depend heavily on analysis of overall
end user trends applicable products/applications
and equipment usage and economic payback.
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ElectroniCast, each year since 2002, has
conducted extensive research and updated their
forecasts of several LED lighting categories. As
technology and applications have advanced, the
number of component subsets covered by the
forecasts has expanded impressively.The
calculation and analysis data spreadsheet
technique is based upon input/output analysis,
leveraging the quantitative consumption quantity,
price and value of each item in each application
at all levels to achieve reasonable quantitative
conclusions this interactive analysis concept,
first applied on a major scale by Leonteff, of
the US Department of Commerce, in the mid 1950s,
was then adopted successfully by
analyst/forecasting firms Quantum Science,
Gnostic Concepts and (in 1981) by ElectroniCast.
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Table of Contents

• Executive Summary
• LEDs Technology Overview
• LEDs Used in Biophotonic and Medical Devices
  Market Forecast
• Fiber Optic Sensor Technology
• Company Profiles of Pulse Oximeter Suppliers
• ElectroniCast Market Research Methodology
• Definitions and Standards

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  Devices Market
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