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Optogenetics Market Insights 2025-2034: Growth Forecast and Strategic Priorities
Optogenetics
Optogenetics Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Over the past few years, the size of the optogenetics market has experienced swift escalation. It is projected that the market will expand from $35.91 billion in 2024 to $41.16 billion in 2025, showcasing a compound annual growth rate (CAGR) of 14.6%. Factors such as the increase in neurological disorders, enhanced funding for life sciences, drug discovery and development, the mapping of neural circuits, the implementation of optogenetics in drug screening, and advancements in neurophotonics all stimulated growth during the historic period.
Optogenetics Market Size Forecast: What's the Projected Valuation by 2029?
The market size of optogenetics is predicted to expand rapidly in the coming years, reaching $71.95 billion in 2029 with a compound annual growth rate (CAGR) of 15.0%. The anticipated upswing during this forecast period is due to factors such as therapeutic applications, clinical transition and trials, penetration into non-neuronal cells, the use of optogenetics in brain-machine interfaces, and the creation of new light-sensitive proteins. Key trends expected within this timeframe include the advancement of optogenetic tools and technologies, partnerships with pharmaceutical firms, the use of optogenetics for drug discovery and development, growth into non-neural cell types, and compatibility with other imaging technologies.
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What Are the Drivers Transforming the Optogenetics Market?
The global optogenetics market is projected to expand due to the increasing prevalence of Parkinson's disease and epilepsy. Parkinson's disease (PD), a deterioration of the brain that results in motor symptoms such as slowed movement, tremors, rigidity, and imbalance, also has other consequences, including cognitive decline, mental health issues, sleep disturbances, pain, and sensory abnormalities. Epilepsy, another brain disorder, causes seizures. Optogenetic therapy employs proteins sensitive to specific light wavelengths to treat PD. These proteins, generated through gene therapy techniques, can activate or deactivate upon exposure to certain light types, leading to the regulation of brain function in PD patients. As an example, in December 2022, The Parkinson's Foundation, an organization in the US working to enhance the lives of people affected by PD, reported a significant increase in annual PD diagnoses to approximately 90,000, up from the prior estimate of 60,000. Furthermore, the population of individuals living with PD in the U.S. is predicted to rise to 1.2 million by 2030, an increase from 930,000 in 2020. Therefore, the escalating incidences of Parkinson's disease & epilepsy globally are propelling the growth of the optogenetics market.
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What Long-Term Trends Will Define the Future of the Optogenetics Market?
Innovative system development is a prominent trend emerging in the optogenetics market. Many leading firms in this field are creating advanced optogenetics tools and systems with state-of-the-art technologies to maintain their market presence. For example, in June 2022, Bruker Corporation, an American optogenetics tool production company, introduced NeuraLight 3D Ultra. This tool is an enhanced 3D holographic stimulation solution designed for optogenetics modules to assist with advanced neuroscience and optogenetics studies on Bruker's Ultima 2Pplus Multiphoton Microscope. The NeuraLight 3D Ultra provides top-level 3D holographic photostimulation, perfectly suited for in-depth functional research on neural networks and brain computation.
Which Segments in the Optogenetics Market Offer the Most Profit Potential?
The optogenetics market covered in this report is segmented -
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 Centers, Research Centers, Other End Users
Subsegments:
1) By Lasers: Continuous Wave Lasers, Pulsed Lasers, Fiber-Coupled Lasers
2) By Actuators: Channelrhodopsins, Halorhodopsins, Opto-xRs
3) By Sensors: Calcium Sensors, Voltage Sensors, Genetically Encoded Indicators
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Which Firms Dominate the Optogenetics Market by Market Share and Revenue in 2025?
Major companies operating in the optogenetics market include Elliot Scientific Ltd., Shanghai Laser & Optics Century Co. Ltd., GenSight Biologics, Danaher Corporation, Coherent Inc., Thorlabs Inc., Prizmatix Ltd., Bruker Corporation, Judges Scientific Plc., Merck KGaA, The Jackson Laboratory, Noldus Information Technology BV, Applied Genetic Technologies Corporation, Circuit Therapeutics Inc., Bionic Sight LLC, Teledyne Photometrics, Campden Instruments, Nanoscope Therapeutics Inc., Laserglow Technologies, Hubner Group, Novartis, AbbVie, Physical Sciences Inc., Ray Therapeutics, OptoGenTech, opto biolabs, Neurolux, Ugenex Therapeutics, Scientifica, Cobolt Inc., Inscopix, Mightex Systems
Which Regions Offer the Highest Growth Potential in the Optogenetics Market?
North America was the largest region in the optogenetics market in 2024. The regions covered in the optogenetics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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