Optogenetics is a cutting-edge field in the medical sciences which relies on the use of light to control and manipulate biological processes in living organisms. It involves the use of light at the level of the photoreceptor cell to affect the firing patterns of neurons in the brain. Optogenetics has opened up new avenues for the study of the nervous system and may eventually lead to significant advances in the understanding and treatment of diseases such as Alzheimer’s, autism, and Parkinson’s. The technique has proven to be extremely useful for researchers in many areas of biology. It also provides exciting new opportunities for the treatment of neurological disorders and diseases, particularly those with high morbidity rates and serious side effects.
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Global Optogenetics Market: Drivers
Development and launch of new products is expected to propel growth of the global optogenetics market over the forecast period. For instance, in 2016, Coherent Inc. launched a new type of short pulse ultrafast laser sources that provides wide wavelength (680-1300nm) tunability of the primary output as well as simultaneous high power (1.5 watts) output at 1040 nm
Moreover, high prevalence of neurological diseases is also expected to propel growth of the global optogenetics market over the forecast period. For instance, according to World Health Organization (WHO) in 2017, it is estimated around 300 million people were affected by depression globally
Global Optogenetics Market: Restraints
Reluctance in adoption of new technologies due to high deployment cost, lack of awareness regarding the tools in emerging economies, and lack of availability of genetic reagents that can be conveniently used for probing biological processes are factors hindering growth of the global optogenetics market.
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Global Optogenetics Market: Competitive Landscape
Major players operating in the global optogenetics market include,
- Coherent, Inc.,
- Cobalt, Inc.,
- Jackson Laboratories,
- Laserglow Technologies,
- Regenxbio, Inc.,
- Scientifica, Thorlabs, Inc., and
- UPenn Vector Core.
Global Optogenetics Market: Key Developments
Major players operating in the global optogenetics market are focused on adopting various marketing strategies to enhance their market share. For instance, in December 2021, Nanoscope Therapeutics Inc. featured its Multi-Characteristic Opsin gene therapy platform at Stanford University’s Innovate Retina summit.
Global Optogenetics Market: Segmentation
On the basis of sensors, the global optogenetics market is segmented into
- Genetically Modified Calcium Indicators
- pH Sensors
- Neurotransmitter Release
- Voltage-sensitive Fluorescent Proteins
On the basis of techniques, the global optogenetics market is segmented into
On the basis of application, the global optogenetics market is segmented into
- Retinal Disease Treatment
- Cardiovascular Ailments
- Behavioral Tracking and Pacing
On the basis of light equipment, the global optogenetics is segmented into
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