Optogenetic Market | 2031 Strategic Insights | Recent updates
The Optogenetic Market is expected to register a CAGR of 16.25% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The Optogenetic market research report is segmented by product type into the following subsegments: Actuators, Sensors, and Light Instruments. The report further provides an analysis based on application, i.e., Retinal Disease Treatment, Neuroscience, Cardiovascular Ailments, Pacing, and Hearing Problem Treatment. The market evaluation is also broken down by region. The market evaluation is presented in US$ for the above segmental analysis.
Purpose of the ReportThe report Optogenetic Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Optogenetic Market Segmentation
Product Type- Actuators
- Sensors
- Light Instruments
- Retinal Disease Treatment
- Neuroscience
- Cardiovascular Ailments
- Pacing
- Hearing Problem Treatment
Strategic Insights
Optogenetic Market Growth Drivers- Increase in Neurodegenerative Diseases: The rising incidence of neurodegenerative diseases like Parkinson's, Alzheimer's, and epilepsy is driving the demand for optogenetic therapies targeting specific neural circuits.
- Technological Breakthroughs: Advancements in light-sensitive proteins and optical tools are enabling precise manipulation of neural circuits, accelerating both scientific discoveries and clinical applications.
- Research and Funding Support: Continued investment from governments and private foundations in neuroscience research is supporting the growth of the optogenetics market, unlocking its therapeutic potential.
- Development of Wireless and Miniaturized Devices: The advancement of wireless and miniaturized optogenetic devices enables the control of neural activity in freely moving animals, facilitating more natural behavior and disease model studies.
- Machine Learning and AI in Data Analysis: The integration of machine learning and AI algorithms is accelerating the discovery of new therapeutic targets, enhancing data analysis in optogenetic research.
- Expansion Beyond Neuroscience: Optogenetic applications are expanding beyond neuroscience into fields like oncology and regenerative medicine, driving market growth and broadening its potential.
- Treatment Development for Neurological Disorders: Optogenetics holds significant potential for developing targeted therapies for neurological disorders like Parkinson's disease, epilepsy, and depression by altering neural circuit activity.
- Integration with Emerging Technologies: The combination of optogenetics with advanced technologies such as nanotechnology and artificial intelligence will drive breakthroughs in neuroscience and medicine.
- Improving Quality of Life: Optogenetic advancements offer the opportunity to transform the treatment landscape for neurological diseases, improving the quality of life for patients worldwide.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Optogenetic Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Optogenetic Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
Optogenetic Market is expected to grow at a CAGR of 16.25% between 2023-2031
Several factors drive the optogenetic market. To name a few, high prevalence of neurological disorders such as Parkinson's disease, Alzheimer's disease, and epilepsy is driving demand for innovative therapies. Technological advancements like the development of more efficient light-sensitive proteins and advanced optical tools are expanding the capabilities of optogenetics. High funding and research efforts in neuroscience are fueling the growth of the optogenetics market. Final collaborations between academic institutions, biotech companies, and medical device manufacturers are both accelerating the development of optogenetic therapies and breeding innovation. Several key trends shape the future of this optogenetics market.
One of the highly significant trends here is the development of wireless, miniaturized optogenetic devices. Through such devices, control over neural activity may be performed remotely on freely moving animals. In addition, artificial intelligence and machine learning algorithms integrated with optogenetics will also improve the data analysis function as well as the discoveries of new therapeutic targets faster. Moreover, the expansion of optogenetic applications beyond neuroscience in the field of cancer research and regenerative medicine will raise demand in the market.
The leading players are: Coherent, Inc., Thorlabs, Inc., Cobalt International Energy, Inc., Scientifica, Laserglow Technologies, Gensight Biologics, Jackson Laboratories, Regenxbio Inc., Circuit Therapeutics, Inc., Bruker
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on request are additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Optogenetic Market - By Product Type
1.3.2 Optogenetics Market - By Application
1.3.3 Optogenetics Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. OPTOGENETICS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. OPTOGENETICS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. OPTOGENETICS MARKET - GLOBAL MARKET ANALYSIS
6.1. OPTOGENETICS - GLOBAL MARKET OVERVIEW
6.2. OPTOGENETICS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. OPTOGENETICS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. ACTUATORS
7.3.1. Overview
7.3.2. Actuators Market Forecast and Analysis
7.3.3. Halorhodopsin Market
7.3.3.1. Overview
7.3.3.2. Halorhodopsin Market Forecast and Analysis
7.3.4. Archaerhodopsin Market
7.3.4.1. Overview
7.3.4.2. Archaerhodopsin Market Forecast and Analysis
7.3.5. Channelrhodopsin Market
7.3.5.1. Overview
7.3.5.2. Channelrhodopsin Market Forecast and Analysis
7.4. SENSORS
7.4.1. Overview
7.4.2. Sensors Market Forecast and Analysis
7.4.3. GCaMP Market
7.4.3.1. Overview
7.4.3.2. GCaMP Market Forecast and Analysis
7.4.4. Cameleon Market
7.4.4.1. Overview
7.4.4.2. Cameleon Market Forecast and Analysis
7.4.5. Chloride (Clomeleon) Market
7.4.5.1. Overview
7.4.5.2. Chloride (Clomeleon) Market Forecast and Analysis
7.4.6. Membrane Gated (mermaid) Market
7.4.6.1. Overview
7.4.6.2. Membrane Gated (mermaid) Market Forecast and Analysis
7.4.7. Aequorin Market
7.4.7.1. Overview
7.4.7.2. Aequorin Market Forecast and Analysis
7.5. LIGHT INSTRUMENTS
7.5.1. Overview
7.5.2. Light instruments Market Forecast and Analysis
7.5.3. Lasers Market
7.5.3.1. Overview
7.5.3.2. Lasers Market Forecast and Analysis
7.5.4. LEDs Market
7.5.4.1. Overview
7.5.4.2. LEDs Market Forecast and Analysis
8. OPTOGENETICS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. RETINAL DISEASE TREATMENT
8.3.1. Overview
8.3.2. Retinal Disease Treatment Market Forecast and Analysis
8.4. NEUROSCIENCE
8.4.1. Overview
8.4.2. Neuroscience Market Forecast and Analysis
8.5. CARDIOVASCULAR AILMENTS
8.5.1. Overview
8.5.2. Cardiovascular Ailments Market Forecast and Analysis
8.6. PACING
8.6.1. Overview
8.6.2. Pacing Market Forecast and Analysis
8.7. HEARING PROBLEM TREATMENT
8.7.1. Overview
8.7.2. Hearing Problem Treatment Market Forecast and Analysis
9. OPTOGENETICS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Optogenetics Market Overview
9.1.2 North America Optogenetics Market Forecasts and Analysis
9.1.3 North America Optogenetics Market Forecasts and Analysis - By Product Type
9.1.4 North America Optogenetics Market Forecasts and Analysis - By Application
9.1.5 North America Optogenetics Market Forecasts and Analysis - By Countries
9.1.5.1 United States Optogenetics Market
9.1.5.1.1 United States Optogenetics Market by Product Type
9.1.5.1.2 United States Optogenetics Market by Application
9.1.5.2 Canada Optogenetics Market
9.1.5.2.1 Canada Optogenetics Market by Product Type
9.1.5.2.2 Canada Optogenetics Market by Application
9.1.5.3 Mexico Optogenetics Market
9.1.5.3.1 Mexico Optogenetics Market by Product Type
9.1.5.3.2 Mexico Optogenetics Market by Application
9.2. EUROPE
9.2.1 Europe Optogenetics Market Overview
9.2.2 Europe Optogenetics Market Forecasts and Analysis
9.2.3 Europe Optogenetics Market Forecasts and Analysis - By Product Type
9.2.4 Europe Optogenetics Market Forecasts and Analysis - By Application
9.2.5 Europe Optogenetics Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Optogenetics Market
9.2.5.1.1 Germany Optogenetics Market by Product Type
9.2.5.1.2 Germany Optogenetics Market by Application
9.2.5.2 France Optogenetics Market
9.2.5.2.1 France Optogenetics Market by Product Type
9.2.5.2.2 France Optogenetics Market by Application
9.2.5.3 Italy Optogenetics Market
9.2.5.3.1 Italy Optogenetics Market by Product Type
9.2.5.3.2 Italy Optogenetics Market by Application
9.2.5.4 Spain Optogenetics Market
9.2.5.4.1 Spain Optogenetics Market by Product Type
9.2.5.4.2 Spain Optogenetics Market by Application
9.2.5.5 United Kingdom Optogenetics Market
9.2.5.5.1 United Kingdom Optogenetics Market by Product Type
9.2.5.5.2 United Kingdom Optogenetics Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Optogenetics Market Overview
9.3.2 Asia-Pacific Optogenetics Market Forecasts and Analysis
9.3.3 Asia-Pacific Optogenetics Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Optogenetics Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Optogenetics Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Optogenetics Market
9.3.5.1.1 Australia Optogenetics Market by Product Type
9.3.5.1.2 Australia Optogenetics Market by Application
9.3.5.2 China Optogenetics Market
9.3.5.2.1 China Optogenetics Market by Product Type
9.3.5.2.2 China Optogenetics Market by Application
9.3.5.3 India Optogenetics Market
9.3.5.3.1 India Optogenetics Market by Product Type
9.3.5.3.2 India Optogenetics Market by Application
9.3.5.4 Japan Optogenetics Market
9.3.5.4.1 Japan Optogenetics Market by Product Type
9.3.5.4.2 Japan Optogenetics Market by Application
9.3.5.5 South Korea Optogenetics Market
9.3.5.5.1 South Korea Optogenetics Market by Product Type
9.3.5.5.2 South Korea Optogenetics Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Optogenetics Market Overview
9.4.2 Middle East and Africa Optogenetics Market Forecasts and Analysis
9.4.3 Middle East and Africa Optogenetics Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Optogenetics Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Optogenetics Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Optogenetics Market
9.4.5.1.1 South Africa Optogenetics Market by Product Type
9.4.5.1.2 South Africa Optogenetics Market by Application
9.4.5.2 Saudi Arabia Optogenetics Market
9.4.5.2.1 Saudi Arabia Optogenetics Market by Product Type
9.4.5.2.2 Saudi Arabia Optogenetics Market by Application
9.4.5.3 U.A.E Optogenetics Market
9.4.5.3.1 U.A.E Optogenetics Market by Product Type
9.4.5.3.2 U.A.E Optogenetics Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Optogenetics Market Overview
9.5.2 South and Central America Optogenetics Market Forecasts and Analysis
9.5.3 South and Central America Optogenetics Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Optogenetics Market Forecasts and Analysis - By Application
9.5.5 South and Central America Optogenetics Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Optogenetics Market
9.5.5.1.1 Brazil Optogenetics Market by Product Type
9.5.5.1.2 Brazil Optogenetics Market by Application
9.5.5.2 Argentina Optogenetics Market
9.5.5.2.1 Argentina Optogenetics Market by Product Type
9.5.5.2.2 Argentina Optogenetics Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. OPTOGENETICS MARKET, KEY COMPANY PROFILES
11.1. COHERENT, INC.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. THORLABS, INC.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. COBALT INTERNATIONAL ENERGY, INC.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. SCIENTIFICA
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. LASERGLOW TECHNOLOGIES
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. GENSIGHT BIOLOGICS
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. JACKSON LABORATORIES
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. REGENXBIO INC.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. CIRCUIT THERAPEUTICS, INC.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. BRUKER
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Coherent, Inc.
2. Thorlabs, Inc.
3. Cobalt International Energy, Inc.
4. Scientifica
5. Laserglow Technologies
6. Gensight Biologics
7. Jackson Laboratories
8. Regenxbio Inc.
9. Circuit Therapeutics, Inc.
10. Bruker
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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