The global optogenetics actuators & sensors market size is expected to reach USD 584.73 million by 2025, according to a new report by Grand View Research, Inc., exhibiting a 1.93% CAGR during the forecast period. Extensive research in the field of neuroscience and ophthalmology is expected to boost the market growth in the coming years. Key players are focusing majorly on research activities to study brain functions in various psychiatric and retinal disease states, which is anticipated to drive the sector.
Government
organizations are providing funds to academic research institutions and
individual researchers for advancements in the field of optogenetics. Moreover,
various initiatives undertaken by international organizations such as WHO and
NIH are anticipated to boost the market growth. Various projects and
initiatives initiated in the field of neuroscience are also promoting growth
prospects.
In
addition, ongoing investigations to improve signal sizes and responses and
target specificity of subcellular membranes such as axon terminals, cell
bodies, and dendrites in neuroscience are expected to support the growth of the
segment. Rise in incidence of retinal and brain disorders are ultimately
increasing demand for optogenetic actuators and sensors.
Furthermore,
changing healthcare reforms and public-private collaborations among industrial
players, government, and research institutions are expected to drive
technological progressions in optogenetics. This, in turn, is anticipated to
significantly boost the growth of the optogenetics actuators and sensors market
over the forecast period.
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Optogenetics
Actuators And Sensors Market Report Highlights
- Actuators are
estimated to account for the largest revenue share owing to their
increased usage in investigations related to neuroscience and
ophthalmology
- Sensors are
anticipated to grow at the fastest rate in the coming years due to
technological advancements in optogenetics
- Retinal
disorders accounted for the largest revenue share owing to higher usage of
optogenetic actuators and sensors in disease-oriented studies. Rise in
prevalence of various retinal and psychiatric disorders is also
anticipated to boost the segment
- North America
dominated the market owing to government support, extensive research,
local presence of a substantial number of players, and well-established
healthcare framework
- Asia Pacific
is expected to exhibit the fastest growth over the forecast period owing
to progressive industrialization and favorable government support
- Major players
include Bruker; Circuit Therapeutics, Inc.; Gensight Biologics; AGTC;
Prizmatix; Merck KGaA; Elliot Scientific Ltd; Coherent, Inc.; The Jackson
Laboratory; Scientifica (Judges Scientific Plc Company); Addgene; Shanghai
Laser & Optics Century Co., Ltd. (SLOC); Noldus Information
Technology; Thorlabs, Inc.; and Danaher
- Companies are
collaborating with academic institutions and private and public entities
to accelerate developments in optogenetics.
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Optogenetics
Actuators And Sensors Market Segmentation
Grand View Research has segmented
the global optogenetics actuators & sensors market on the basis of product,
disease type, and region:
Optogenetics
Actuators & Sensors Product Outlook (Revenue, USD Million, 2014 -
2025)
- Actuators
- Channelrhodopsin
- Halorhodopsin Biochip
- Archaerhodopsin
- Sensors
- Genetically Encoded Calcium Indicators
- Voltage-Sensitive Fluorescent Proteins
- pH Sensors
Optogenetics
Actuators & Sensors Disease Type Outlook (Revenue, USD Million, 2014 -
2025)
- Retinal Disorders
- Parkinson’s Disease
- Anxiety & Depression
- Autism
- Schizophrenia
- Others
Optogenetics
Actuators & Sensors Regional Outlook (Revenue, USD Million, 2014 - 2025)
- North America
- The U.S.
- Canada
- Europe
- Germany
- The U.K.
- Asia Pacific
- Japan
- China
- Latin America
- Brazil
- The Middle East and Africa (MEA)
- South Africa
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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