Optogenetics Market Outlook, Industry Analysis, Size, Share, Trends, Growth, Forecast Report By 2023-2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Optogenetics Market Size, Growth Rate, And Forecast
The global optogenetics market size is expected to grow from $28.15 billion in 2022 to $32.26 billion in 2023 at a compound annual growth rate (CAGR) of 14.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global optogenetics market size is expected to grow to $54.24 billion in 2027 at a CAGR of 13.9%.

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Optogenetics Market Drivers
The rising cases of Parkinson's disease and epilepsy across the world are expected to propel the growth of the optogenetics market going forward. Parkinson's disease (PD) is defined as a degenerative condition of the brain that causes motor symptoms like slow movement tremors, rigidity, and imbalance in addition to other problems like cognitive decline, mental health issues, sleep issues, pain, and sensory disturbances. Epilepsy is a brain condition that results in seizures. In optogenetic therapy, proteins that respond to specific wavelengths of light are used to treat Parkinson's disease. These proteins can be produced using gene therapy techniques to either activate or inactivate when exposed to specific types of light, ultimately leading to the normalization of brain function in Parkinson's disease (PD).

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Optogenetics Market Segments
1) By Product: Lasers, Actuators, Sensors
2) By Application: Neuroscience, Behavioral Tracking, Retinal Disease Treatment, Other Applications
3) By End User: Hospitals And Clinics, Diagnostics Centres, Research Centres, Other End Users

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Optogenetics market.

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Optogenetics Market Key Players
Major competitors in the Optogenetics market include Elliot Scientific Ltd., Shanghai Laser & Optics Century Co. Ltd., GenSight Biologics, Danaher Corporation, Coherent Inc., Thorlabs Inc., Prizmatix Ltd.

The Table Of Content For The Optogenetics Market Include:
1. Executive Summary
2. Optogenetics Market Characteristics
3. Optogenetics Market Trends And Strategies
4. Optogenetics Market - Macro Economic Scenario
5. Optogenetics Market Size And Growth
……
27. Optogenetics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Optogenetics Market
29. Optogenetics Market Future Outlook and Potential Analysis
30. Appendix

The Business Research Company's "Global Optogenetics Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

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