The Asia-Pacific Optogenetics Market , published by Market Data Forecast, The Market was worth $ 2.72 million in 2016 and estimated to reach $ 6.01 million by the end of 2021with a growing potential of 17.20%
Optogenetics is an emerging medical technique which allows genetically defined populaces of neurons to be controlled using light, which allows the study of the characteristics of normal and abnormal brain function. The market growth for this technique is rapidly increasing as it can be applied to develop new methods to treat various illnesses such as neurological disorders, hearing impairment and retinal diseases.
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Extensive research on optogenetics is being conducted in the areas of cardiology, behavioral science, neuroscience and ophthalmology. The development of improved gene editing techniques will boost optogenetics and make it more proper for clinical applications.
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Asia-Pacific Optogenetics market is growing at a rapid pace. This market is driven by primarily by the growing use of these tools in the field of neuroscience and behavioral science.
Factors such as growth of technology like LEDs, ytterbium-based lasers, ultrafast laser tools and the increasing number of labs worldwide have resulted in the extensive adoption and application of this technique. The market is held back by factors such as expensive technology, lack of awareness of these tools in developing countries and reluctance in adoption of a new technology by the healthcare industry.
Also, since the technology is in the nascent stage, the market is yet to develop properly.
Asia-Pacific Optogenetics Market: Segmentation
- By Sensor Type
- o Genetically Encoded Calcium Indicators
- o pH Sensors
- o Neurotransmitter Release
- o Voltage-Sensitive Fluorescent Proteins
- By Technique
- o Archaerhodopsin
- o Channelrhodopsin
- o Halorhodopsin
- By Application
- o Retinal Disease Treatment
- o Cardioversion
- o Neuroscience
- o Behavioral Tracking
- o Pacing
- By Light Equipment
- o Lasers
- o LEDs
- o Others
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Asia-Pacific Optogenetics Market Report:
- Regional and country-level analysisand forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
- Segment-level analysisin terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC)in the market and their impact on shifting market dynamics
- Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
- Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysisfor analysing the level of competition and business strategy development
- A comprehensive list of key market playersalong with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
- Competitive landscape analysislisting out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
- Expertly devised analyst overview along with Investment opportunitiesto provide both individuals and organizations a strong financial foothold in the market
The key players in the optogenetics market are Coherent Inc., Noldus, Thorlabs Inc. Cobalt Inc., Scientifica, Bruker, Laserglow technologies, Regenxbio Inc., Gensight, Addgene, UPenn Vector Core and Jackson Laboratories.
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