Increasing use of growing use of the tool in the field of neuroscience and behavioural science, rapid advancement in technology such as ultrafast laser tools, LEDs, ytterbium-based lasers and others, as well as the increasing number of labs worldwide that have adopted the advanced technology for research. High cost of technology, lack of awareness of the tools in developing countries, reluctance in adoption of new technology by healthcare professionals restrain the growth of the market.
Americas acquire the largest market share in the optogenetics market. The growth of the market is attributed to an increasing research in neuroscience and availability of funds for research and development activities in the U.S. and other American countries. Additionally, the market is shows rapid growth due to the technologies available of cell modifications and other processes in cell biology. Increasing number of research institutes and academic centres as drive the growth of the market.
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Key Players for Global Optogenetic Market
The Global Optogenetic Market is highly fragmented with the presence of many local players and international players. The main focus of these players is cost reduction and innovation to ensure sustainability. In addition, the international players implemented growth strategies through collaborations and partnerships to expand their overall market share.
Some of the key players operating for the global optogenetic are Coherent Inc. (U.S.), Thorlabs Inc. (U.S.), Laserglow technologies (Canada), Regenxbio Inc. (U.S.), Addgene (U.S.), UPenn Vector Core (U.S.), Jackson Laboratories. (U.S.), Cobalt International Energy, Inc. (U.S.) and others.
Addgene is a global, non-profit plasmid repository dedicated in preparing the useful resources for scientists and researchers. The resources offered by the company are useful for the studies in neuroscience.
- June, 2017: Thorlabs and greenTEG Switzerland-based entered into an agreement to integratie and distribute thermal sensors in the photonics market. As a part of the agreement, Thorlabs will develop a comprehensive Origincal equipment Manufacturer (OEM) strategy for the resale of greenTEG’s thermal sensors in the photonics market segment.
- June, 2017: Regenxbio Inc. announced worldwide license agreement for AveXis for the development and commercialization of gene therapy treatments using REGENXBIO’s NAV AAV9 vector for treatment two rare neurological monogenic disorders.
- June, 2017: Jackson Laboratories announced worldwide preclinical research agreement with Crown Bioscience. The agreement focuses on a global technology platform for Oncology, and Cardiovascular and Metabolic Disease. The agreement will result into an acceleration of to accelerate the rate of pre-clinical research and discovery. The company looks forward to expand in China through strategic clinical genomics research agreement with three groups in China. The collaboration will provide thus, the company will be able to gain access to the clinical expertise of the medical university and its affiliated hospitals.
Segments for Global Optogenetic Market
Global optogenetic market is segmented by product type and application. Based on the product type the segmentation is done into light instruments used, actuators, and sensors. The light equipment market is further segmented into lasers, LEDs. The actuators are segmented further sub-segmented into Channelrhodopsin, Halorhodopsin, Archaerhodopsin. The sensor market is also sub-segmented into calcium sensors Aequorin, Cameleon, GCaMP, chloride (Clomeleon), membrane gated (Mermaid). On the basis of application the segmentation is done into neuroscience, behavioral tracking, retinal disease treatment, hearing problem treatment, cardiovascular ailments and pacing.
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Regional Analysis for Global Optogenetic Market
The Global Optogenetic market is segmented into four main geographic regions Americas, Europe, Asia-Pacific, and Middle East and Africa. The market for the global optogenetic is dominated by the American region and European market. As the advancement in the technology and research is more in the in these region. The other two region Middle East & Africa and Asia-Pacific is the least market for the optogenetic, as the development in this filed in slower.
Some Brief Table of Contents of Report
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.2 Scope Of The Study
2.2.1 Research Objective
Chapter 3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porters Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
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