Optogenetics Actuators and Sensors Market Size Set for Rapid...

Optogenetics Actuators and Sensors Market Size Set for Rapid Growth, to reach Value around USD 644.62 million by end of 2032

Posted 2024-12-13 09:00:53

According to the report, global demand for Optogenetics Actuators and Sensors market was valued at approximately USD 540.34 million in 2023, and is expected to generate revenue of around USD 644.62 million by end of 2032, growing at a CAGR of around 1.98% between 2024 and 2032.

Zion Market Research has published a new report titled “Optogenetics Actuators and Sensors Market by product type (actuators and sensors), and disease type (retinal disorders, parkinson’s disease, anxiety & depression, autism, schizophrenia and others) and distribution channel (hospital pharmacies, retail pharmacies and others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 – 2032”.

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Optogenetics is a type of technique used by optically activated proteins to control neuronal activity. It is one of the latest scientific breakthrough that offers treatment options for incurable diseases such as the illness of Parkinson, Alzheimer's disease, and retinal diseases. Optogenetic techniques allow the activation or inhibition of specific neurons by a high degree of spatial, temporal, and neurochemical accuracy. Algae species are taken from the gene coding for light-sensitive protein in this technique. Actually, in response to specific light wavelengths, this protein acts as an ion channel that opens or closes. The gene that codes for this protein is incorporated into the special neuron of the brain and expressed to generate this light-sensitive protein. The neural signal is performed on individual neural cells with flashing light. This approach can be used to monitor the activity of neurons and to understand the role of cellular brain cells.

Factors responsible for the development of the market for optogenetic actuators and sensors increase the burden of neurological disorders and retinal disease, rapid development and optogenetic research, and government funding such as monetary support for this field development. Optogenetics allows us to know which biochemical and physiological pathway works due to specific diseases that can help find treatment for specific diseases by flashing blue light on particular neural cells. Age-related macular degeneration is the primary cause of visual impairment in industrialized countries. Another possible area where optogenetics could provide a mechanism for effective care is the disease of Alzheimer. According to the 2016 World Alzheimer Report, there were an estimated 46.5 million patients worldwide with Alzheimer's disease.

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The market for Optogenetics Actuators and Sensors is segmented based on product, disease, distribution channel, and region. Based on product type, the market is segmented into actuators and sensors. Actuators are estimated to account for the largest share of revenue due to their increased use in neuroscience and ophthalmology-related investigations due to technological advances in optogenetics, sensors are expected to grow at the fastest rate in the coming years.

Based on disease type, the market is segmented into Retinal Disorders, Parkinson’s Disease, Anxiety & Depression, Autism, Schizophrenia and Others. Retinal disorders dominate as the largest shareholders due to increased use of optogenetic actuators and sensors in disease-oriented research. It is also predicted that the segment will increase the incidence of different retinal and psychiatric disorders.The distribution channel segment is further distributed into hospital pharmacies, retail pharmacies and other distribution channels.

Regional segmentation comprises the current and forecast demand for Asia Pacific, North America, Latin America, Europe, and Middle East & Africa with its further classified into major countries. Due to government support, extensive research, significant local player presence, and well-established Asia Pacific healthcare infrastructure, North America is expected to show the fastest development over the forecast period due to gradual industrialization and favorable government support.

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Key players within global Optogenetics Actuators and Sensors market include

Addgene
AGTC
Bruker
Circuit Therapeutics, Inc.
Coherent, Inc
Elliot Scientific Ltd
Gensight Biologics
Merck KGaA
Noldus Information Technology
Prizmatix
Scientifica (Judges Scientific Plc Company)
Shanghai Laser & Optics Century Co., Ltd. (SLOC)
The Jackson Laboratory and Thorlabs

The report segments global Optogenetics Actuators and Sensors market as follows:

Global Optogenetics Actuators and Sensors Market: Product type Segment Analysis

ActuatorsChannelrhodopsinHalorhodopsin BiochipArchaerhodopsin
SensorsGenetically Encoded Calcium IndicatorsVoltage-Sensitive Fluorescent ProteinspH Sensors

Global Optogenetics Actuators and Sensors Market: Disease type Segment Analysis

Retinal Disorders
Parkinson’s Disease
Anxiety & Depression
Autism
Schizophrenia
Others

Global Optogenetics Actuators and Sensors Market: Distribution Channel Segment Analysis

Hospital Pharmacies
Retail Pharmacies
Others

Global Optogenetics Actuators and Sensors Market: Regional Segment Analysis

North AmericaU.S.
EuropeUKFranceGermany
Asia PacificChinaJapanIndia
Latin AmericaBrazil
Middle East and Africa

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