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.
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. Optogenetics is trending in the research fields of neuroscience, behavioral science, ophthalmology, cardiology and other healthcare domains.
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 is segmented based on the type of sensors, techniques, application and light equipment. Sensor types are segmented into Genetically Encoded Calcium Indicators, pH Sensors, Neurotransmitter Release, Voltage-Sensitive Fluorescent Proteins. The techniques segment contains Archaerhodopsin, Channelrhodopsin and Halorhodopsin. Application segment is further segmented into Retinal Disease Treatment, Cardioversion, Neuroscience, Behavioral Tracking and Pacing. Light equipment segment is sub-segmented into Lasers, LEDs and others. Futhermore, based on geography the market is segmented into various regions namely Japan, China, India and Australia. North America and predominantly United States is the largest market for optogenetics in the world. Asia-Pacific, Latin America and Middle East and Africa regions are still in the adoption phase of this technology. However, among these regions, Asia-Pacific is expected to be the fastest growing regional market. Large-scale CRO activities being done in the region which support the growth of Asia-Pacific 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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