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Optogenetics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global optogenetics market reached a value of US$ 31.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 85.4 Billion by 2027 exhibiting a growth rate (CAGR) of 17.30% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Optogenetics refers to a scientific approach that includes a combination of genetics and optics technologies. It is primarily used for controlling and monitoring the biological functions of neurons and other types of cells with light sensors. This information provides insights into individual behavior and physiology, including movement, learning, memory, navigation, metabolism, respiration, and sensor processing. Optogenetics aids in clinical discoveries by shedding light on the cellular activities associated with various diseases, such as chronic pain, epilepsy, Parkinson disease, stroke, drug addiction, obsessive compulsion disorder (OCD), social dysfunction, and anxiety and depression. On account of these applications, optogenetics finds extensive utilization in the field of neurosciences.

 

 
 

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Optogenetics Market Trends:

The increasing prevalence of neurological disorders due to various infections, ailments, genetic disorders, congenital abnormalities, and brain, nerve, and spinal cord injuries is one of the key factors currently driving the optogenetics market growth. In line with this, the introduction of fiber-coupled light-emitting diode (LED) for being incorporated into the implants to enable the untethered light delivery is acting as another major growth-inducing factor. Additionally, rapid technological advancements in neural connectivity, wireless microchip, sensors, cell phenotyping tools, and various imaging tools, like computed tomography (CT), position emission tomography (PET), and magnetic resonance imaging (MRI) to precisely evaluate organs and tissues for identifying disorders is propelling the market growth. The rising inclination of healthcare professionals toward optogenetic therapeutic methodologies on account of its cellular, spatial, and temporal precision is further contributing to the market growth. Other factors, including increasing healthcare expenditure, extensive research and development (R&D) activities in the field of neurosciences, and strategic collaborations between key players, pharmaceutical companies, and governments of various nations to implement favorable policies that support the launch of novel drugs for treating neurological diseases, are creating a positive outlook for the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global optogenetics market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on light equipment type, application and end user.

Breakup by Light Equipment Type:

  • Light-emitting Diode (LED)
  • Laser
     

Breakup by Application:

 

 
 

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  • Neuroscience
  • Behavioral Tracking
  • Retinal Disease Treatment
  • Others
     

Breakup by End User:

  • Hospitals
  • Clinics
  • Diagnostic
  • Research
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Addgene, Coherent Inc., Elliot Scientific Limited, GenSight Biologics S.A., HÜBNER GmbH & Co KG, Judges Scientific plc, Laserglow Technologies, Noldus Information Technology, Regenxbio Inc., Shanghai Laser & Optics Century Co. Ltd, The Jackson Laboratory and Thorlabs Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Light Equipment Type, Application, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Addgene, Coherent Inc., Elliot Scientific Limited, GenSight Biologics S.A., HÜBNER GmbH & Co KG, Judges Scientific plc, Laserglow Technologies, Noldus Information Technology, Regenxbio Inc., Shanghai Laser & Optics Century Co. Ltd, The Jackson Laboratory and Thorlabs Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
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Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Optogenetics Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Light Equipment Type
    6.1    Light-emitting Diode (LED)
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Laser
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Application
    7.1    Neuroscience
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Behavioral Tracking
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Retinal Disease Treatment
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Others
        7.4.1 Market Trends
        7.4.2 Market Forecast
8    Market Breakup by End User
    8.1    Hospitals
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Clinics
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Diagnostic
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Research
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Others
        8.5.1 Market Trends
        8.5.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Addgene
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    Coherent Inc.
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials
           14.3.2.4 SWOT Analysis
        14.3.3    Elliot Scientific Limited
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    GenSight Biologics S.A.
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
        14.3.5    HÜBNER GmbH & Co KG
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
        14.3.6    Judges Scientific plc
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
        14.3.7    Laserglow Technologies
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    Noldus Information Technology
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    Regenxbio Inc.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           14.3.9.3 Financials
           14.3.9.4 SWOT Analysis
        14.3.10    Shanghai Laser & Optics Century Co. Ltd
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
        14.3.11    The Jackson Laboratory
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
        14.3.12    Thorlabs Inc.
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio

List of Figures

Figure 1: Global: Optogenetics Market: Major Drivers and Challenges
Figure 2: Global: Optogenetics Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Optogenetics Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Optogenetics Market: Breakup by Light Equipment Type (in %), 2021
Figure 5: Global: Optogenetics Market: Breakup by Application (in %), 2021
Figure 6: Global: Optogenetics Market: Breakup by End User (in %), 2021
Figure 7: Global: Optogenetics Market: Breakup by Region (in %), 2021
Figure 8: Global: Optogenetics (Light-emitting Diode-LED) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Optogenetics (Light-emitting Diode-LED) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Optogenetics (Laser) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Optogenetics (Laser) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Optogenetics (Neuroscience) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Optogenetics (Neuroscience) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Optogenetics (Behavioral Tracking) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Optogenetics (Behavioral Tracking) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Optogenetics (Retinal Disease Treatment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Optogenetics (Retinal Disease Treatment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Optogenetics (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Optogenetics (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Optogenetics (Hospitals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Optogenetics (Hospitals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Optogenetics (Clinics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Optogenetics (Clinics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Optogenetics (Diagnostic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Optogenetics (Diagnostic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Optogenetics (Research) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Optogenetics (Research) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Optogenetics (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Optogenetics (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: North America: Optogenetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: North America: Optogenetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: United States: Optogenetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: United States: Optogenetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Canada: Optogenetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Canada: Optogenetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Asia-Pacific: Optogenetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Asia-Pacific: Optogenetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: China: Optogenetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: China: Optogenetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Japan: Optogenetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Japan: Optogenetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: India: Optogenetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: India: Optogenetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: South Korea: Optogenetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: South Korea: Optogenetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Australia: Optogenetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Australia: Optogenetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Indonesia: Optogenetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Indonesia: Optogenetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Others: Optogenetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Others: Optogenetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Europe: Optogenetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Europe: Optogenetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Germany: Optogenetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Germany: Optogenetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: France: Optogenetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: France: Optogenetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: United Kingdom: Optogenetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: United Kingdom: Optogenetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Italy: Optogenetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Italy: Optogenetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Spain: Optogenetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Spain: Optogenetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Russia: Optogenetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Russia: Optogenetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Others: Optogenetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Others: Optogenetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Latin America: Optogenetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Latin America: Optogenetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Brazil: Optogenetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Brazil: Optogenetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Mexico: Optogenetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Mexico: Optogenetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Others: Optogenetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Others: Optogenetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Middle East and Africa: Optogenetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Middle East and Africa: Optogenetics Market: Breakup by Country (in %), 2021
Figure 78: Middle East and Africa: Optogenetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Global: Optogenetics Industry: SWOT Analysis
Figure 80: Global: Optogenetics Industry: Value Chain Analysis
Figure 81: Global: Optogenetics Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Optogenetics Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Optogenetics Market Forecast: Breakup by Light Equipment Type (in Million US$), 2022-2027
Table 3: Global: Optogenetics Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Optogenetics Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 5: Global: Optogenetics Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Optogenetics Market: Competitive Structure
Table 7: Global: Optogenetics Market: Key Players


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Key Questions Answered in This Report

The global optogenetics market was valued at US$ 31.5 Billion in 2021.

We expect the global optogenetics market to exhibit a CAGR of 17.30% during 2022-2027.

The high prevalence of neurological disorders, along with the increasing demand for optogenetics technology in providing insights into individual behavior and physiology, including movement, learning, memory, navigation, etc., is primarily driving the global optogenetics market.

The sudden outbreak of the COVID-19 pandemic had led to postponement of elective treatment for various chronic pain, stroke, drug addiction, etc., to reduce the risk of the coronavirus infection upon hospital visits and interaction with medical equipment, thereby limiting the demand for optogenetics technology.

Based on the light equipment type, the global optogenetics market has been segmented into Light-emitting Diode (LED) and laser. Currently, Light-emitting Diode (LED) holds the majority of the total market share.

Based on the application, the global optogenetics market can be divided into neuroscience, behavioral tracking, retinal disease treatment, and others. Among these, neuroscience exhibits a clear dominance in the market.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global optogenetics market include Addgene, Coherent Inc., Elliot Scientific Limited, GenSight Biologics S.A., HÜBNER GmbH & Co KG, Judges Scientific plc, Laserglow Technologies, Noldus Information Technology, Regenxbio Inc., Shanghai Laser & Optics Century Co. Ltd, The Jackson Laboratory, and Thorlabs Inc.

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