Product Code: 12846
Key Highlights
The optogenetics market was valued at USD 580.7 million in 2023, and it will rise to USD 772.7 million, powering at more than 4.0% compound annual growth rate, by 2030.
This growth is because of the increasing application area of optogenetics in the area of neurosciences as a possible diagnostic tool, due to the technological improvements and increasing utilization of multimodal imaging methods.
The rising incidence of neurological disorders because of several infections, spinal cord injuries, genetic factors, several congenital anomalies, and brain injuries, is boosting the industry's expansion.
Apart from the increasing occurrence of such chronic disorders, the stressful lives, as well as financial problems, will drive the requirement for the diagnosis and treatment of psychiatric issues; here, optogenetics plays a part in tracking the behavior of individuals with such problems.
Approximately 20% of worldwide adolescents and children have psychiatric issues, and the count is rising every day, with suicide being the second-leading cause of death among 15 to 29-year-old individuals.
Key Insights
APAC is likely to advance at the fastest compound annual growth rate in the years to come.
It is expected that the increasing neurological illness burden in Japan and China and the large count of CROs in APAC will further boost the growth of the regional industry during this decade.
North America accounted for the largest share of the industry in 2023, of approximately 55%, and it will remain the largest throughout this decade.
The U.S. led the industry in North America, primarily because of the rising occurrence of severe behavioral conditions, such as schizophrenia and Parkinson's.
Light-emitting diode (LED) is likely to advance at a faster compound annual growth rate in the years to come, because of the benefits of LEDs, such as easier control and low cost.
LEDs are being employed in implants to enable the delivery of untethered light.
In 2023, the channelrhodopsin category was the largest contributor to the industry, and it is likely to remain the largest throughout this decade.
The laser category accounted for the largest share of the industry in 2023, of approximately 60%, and it will remain the largest throughout this decade.
This laser technique is extensively employed in neurosciences and biotechnology to deliver focused optical maser radiations to the targeted area.
With the advancement in technology, portable, compact laser sources are now accessible for diagnostic and clinical laboratories.
The hospitals & clinics category accounted for the largest share of the industry in 2023, and it is likely to continue this trend during this decade.
Hospitals are the primary choice of patients suffering from neurological conditions, because of the benefits these settings provide, such as a comfort-inducing physical environment, comprehensive diagnostic and therapeutic support, trained staff, high-quality services, and advanced devices.
The optogenetics industry is moderately consolidated because of the existence of many large and small companies. Some major companies are currently dominating the industry in terms of share.
Most of these players are involved in tactics like funding in research & development, collaborations, and acquisitions.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by light equipment
- 1.4.2. Market size breakdown, by sensor
- 1.4.3. Market size breakdown, by actuator
- 1.4.4. Market size breakdown, by application
- 1.4.5. Market size breakdown, by end user
- 1.4.6. Market size breakdown, by region
- 1.4.7. Market size breakdown, by country
- 1.5. Market Data Reporting Unit
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
Chapter 5. Industry Outlook
- 5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
- 5.2. Impact of COVID-19
- 5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes
Chapter 6. Global Market
- 6.1. Overview
- 6.2. Market Revenue, by Light Equipment (2017-2030)
- 6.3. Market Revenue, by Sensor (2017-2030)
- 6.4. Market Revenue, by Actuator (2017-2030)
- 6.5. Market Revenue, by Application (2017-2030)
- 6.6. Market Revenue, by End User (2017-2030)
- 6.7. Market Revenue, by Region (2017-2030)
Chapter 7. North America Market
- 7.1. Overview
- 7.2. Market Revenue, by Light Equipment (2017-2030)
- 7.3. Market Revenue, by Sensor (2017-2030)
- 7.4. Market Revenue, by Actuator (2017-2030)
- 7.5. Market Revenue, by Application (2017-2030)
- 7.6. Market Revenue, by End User (2017-2030)
- 7.7. Market Revenue, by Country (2017-2030)
Chapter 8. Europe Market
- 8.1. Overview
- 8.2. Market Revenue, by Light Equipment (2017-2030)
- 8.3. Market Revenue, by Sensor (2017-2030)
- 8.4. Market Revenue, by Actuator (2017-2030)
- 8.5. Market Revenue, by Application (2017-2030)
- 8.6. Market Revenue, by End User (2017-2030)
- 8.7. Market Revenue, by Country (2017-2030)
Chapter 9. APAC Market
- 9.1. Overview
- 9.2. Market Revenue, by Light Equipment (2017-2030)
- 9.3. Market Revenue, by Sensor (2017-2030)
- 9.4. Market Revenue, by Actuator (2017-2030)
- 9.5. Market Revenue, by Application (2017-2030)
- 9.6. Market Revenue, by End User (2017-2030)
- 9.7. Market Revenue, by Country (2017-2030)
Chapter 10. LATAM Market
- 10.1. Overview
- 10.2. Market Revenue, by Light Equipment (2017-2030)
- 10.3. Market Revenue, by Sensor (2017-2030)
- 10.4. Market Revenue, by Actuator (2017-2030)
- 10.5. Market Revenue, by Application (2017-2030)
- 10.6. Market Revenue, by End User (2017-2030)
- 10.7. Market Revenue, by Country (2017-2030)
Chapter 11. MEA Market
- 11.1. Overview
- 11.2. Market Revenue, by Light Equipment (2017-2030)
- 11.3. Market Revenue, by Sensor (2017-2030)
- 11.4. Market Revenue, by Actuator (2017-2030)
- 11.5. Market Revenue, by Application (2017-2030)
- 11.6. Market Revenue, by End User (2017-2030)
- 11.7. Market Revenue, by Country (2017-2030)
Chapter 12. U.S. Market
- 12.1. Overview
- 12.2. Market Revenue, by Light Equipment (2017-2030)
- 12.3. Market Revenue, by Sensor (2017-2030)
- 12.4. Market Revenue, by Actuator (2017-2030)
- 12.5. Market Revenue, by Application (2017-2030)
- 12.6. Market Revenue, by End User (2017-2030)
Chapter 13. Canada Market
- 13.1. Overview
- 13.2. Market Revenue, by Light Equipment (2017-2030)
- 13.3. Market Revenue, by Sensor (2017-2030)
- 13.4. Market Revenue, by Actuator (2017-2030)
- 13.5. Market Revenue, by Application (2017-2030)
- 13.6. Market Revenue, by End User (2017-2030)
Chapter 14. Germany Market
- 14.1. Overview
- 14.2. Market Revenue, by Light Equipment (2017-2030)
- 14.3. Market Revenue, by Sensor (2017-2030)
- 14.4. Market Revenue, by Actuator (2017-2030)
- 14.5. Market Revenue, by Application (2017-2030)
- 14.6. Market Revenue, by End User (2017-2030)
Chapter 15. France Market
- 15.1. Overview
- 15.2. Market Revenue, by Light Equipment (2017-2030)
- 15.3. Market Revenue, by Sensor (2017-2030)
- 15.4. Market Revenue, by Actuator (2017-2030)
- 15.5. Market Revenue, by Application (2017-2030)
- 15.6. Market Revenue, by End User (2017-2030)
Chapter 16. U.K. Market
- 16.1. Overview
- 16.2. Market Revenue, by Light Equipment (2017-2030)
- 16.3. Market Revenue, by Sensor (2017-2030)
- 16.4. Market Revenue, by Actuator (2017-2030)
- 16.5. Market Revenue, by Application (2017-2030)
- 16.6. Market Revenue, by End User (2017-2030)
Chapter 17. Italy Market
- 17.1. Overview
- 17.2. Market Revenue, by Light Equipment (2017-2030)
- 17.3. Market Revenue, by Sensor (2017-2030)
- 17.4. Market Revenue, by Actuator (2017-2030)
- 17.5. Market Revenue, by Application (2017-2030)
- 17.6. Market Revenue, by End User (2017-2030)
Chapter 18. Spain Market
- 18.1. Overview
- 18.2. Market Revenue, by Light Equipment (2017-2030)
- 18.3. Market Revenue, by Sensor (2017-2030)
- 18.4. Market Revenue, by Actuator (2017-2030)
- 18.5. Market Revenue, by Application (2017-2030)
- 18.6. Market Revenue, by End User (2017-2030)
Chapter 19. Japan Market
- 19.1. Overview
- 19.2. Market Revenue, by Light Equipment (2017-2030)
- 19.3. Market Revenue, by Sensor (2017-2030)
- 19.4. Market Revenue, by Actuator (2017-2030)
- 19.5. Market Revenue, by Application (2017-2030)
- 19.6. Market Revenue, by End User (2017-2030)
Chapter 20. China Market
- 20.1. Overview
- 20.2. Market Revenue, by Light Equipment (2017-2030)
- 20.3. Market Revenue, by Sensor (2017-2030)
- 20.4. Market Revenue, by Actuator (2017-2030)
- 20.5. Market Revenue, by Application (2017-2030)
- 20.6. Market Revenue, by End User (2017-2030)
Chapter 21. India Market
- 21.1. Overview
- 21.2. Market Revenue, by Light Equipment (2017-2030)
- 21.3. Market Revenue, by Sensor (2017-2030)
- 21.4. Market Revenue, by Actuator (2017-2030)
- 21.5. Market Revenue, by Application (2017-2030)
- 21.6. Market Revenue, by End User (2017-2030)
Chapter 22. Australia Market
- 22.1. Overview
- 22.2. Market Revenue, by Light Equipment (2017-2030)
- 22.3. Market Revenue, by Sensor (2017-2030)
- 22.4. Market Revenue, by Actuator (2017-2030)
- 22.5. Market Revenue, by Application (2017-2030)
- 22.6. Market Revenue, by End User (2017-2030)
Chapter 23. South Korea Market
- 23.1. Overview
- 23.2. Market Revenue, by Light Equipment (2017-2030)
- 23.3. Market Revenue, by Sensor (2017-2030)
- 23.4. Market Revenue, by Actuator (2017-2030)
- 23.5. Market Revenue, by Application (2017-2030)
- 23.6. Market Revenue, by End User (2017-2030)
Chapter 24. Brazil Market
- 24.1. Overview
- 24.2. Market Revenue, by Light Equipment (2017-2030)
- 24.3. Market Revenue, by Sensor (2017-2030)
- 24.4. Market Revenue, by Actuator (2017-2030)
- 24.5. Market Revenue, by Application (2017-2030)
- 24.6. Market Revenue, by End User (2017-2030)
Chapter 25. Mexico Market
- 25.1. Overview
- 25.2. Market Revenue, by Light Equipment (2017-2030)
- 25.3. Market Revenue, by Sensor (2017-2030)
- 25.4. Market Revenue, by Actuator (2017-2030)
- 25.5. Market Revenue, by Application (2017-2030)
- 25.6. Market Revenue, by End User (2017-2030)
Chapter 26. Saudi Arabia Market
- 26.1. Overview
- 26.2. Market Revenue, by Light Equipment (2017-2030)
- 26.3. Market Revenue, by Sensor (2017-2030)
- 26.4. Market Revenue, by Actuator (2017-2030)
- 26.5. Market Revenue, by Application (2017-2030)
- 26.6. Market Revenue, by End User (2017-2030)
Chapter 27. South Africa Market
- 27.1. Overview
- 27.2. Market Revenue, by Light Equipment (2017-2030)
- 27.3. Market Revenue, by Sensor (2017-2030)
- 27.4. Market Revenue, by Actuator (2017-2030)
- 27.5. Market Revenue, by Application (2017-2030)
- 27.6. Market Revenue, by End User (2017-2030)
Chapter 28. U.A.E. Market
- 28.1. Overview
- 28.2. Market Revenue, by Light Equipment (2017-2030)
- 28.3. Market Revenue, by Sensor (2017-2030)
- 28.4. Market Revenue, by Actuator (2017-2030)
- 28.5. Market Revenue, by Application (2017-2030)
- 28.6. Market Revenue, by End User (2017-2030)
Chapter 29. Competitive Landscape
- 29.1. List of Market Players and their Offerings
- 29.2. Competitive Benchmarking of Key Players
- 29.3. Product Benchmarking of Key Players
- 29.4. Recent Strategic Developments
Chapter 30. Company Profiles
- 30.1. Laserglow Technologies
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
- 30.2. Coherent Corp.
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
- 30.3. Thorlabs Inc.
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
- 30.4. Gensight Biologics
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
- 30.5. Noldus Information Technology
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
- 30.6. Bruker Corporation ja
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
- 30.7. Scientifica Ltd.
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
- 30.8. Elliot Scientific Ltd.
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
- 30.9. Shanghai Laser & Optics Century Co. Ltd.
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary
Chapter 31. Appendix
- 31.1. Abbreviations
- 31.2. Sources and References
- 31.3. Related Reports