Middle-East and Africa Optogenetics Market research report, published by Market Data Forecast estimates that the market is growing with a CAGR of 14.9% to reach USD 2.91 billion by 2021, from USD 1.45 billion in 2016.
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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.
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Optogenetics is the emerging field of biotechnology. Extensive research on optogenetics is being conducted in the areas of cardiology, behavioural science, neuroscience and ophthalmology. The opportunities for development in optogenetics tools and neuroscience are driving the growth for global optogenetics market.
Key factors which affects and thereby shift the market dynamics are studied intrinsically and are presented in an illustrious way in the report. Some of those factors are
• growth of technology like LEDs, ytterbium-based lasers, ultrafast laser tools and others,
• increasing number of labs worldwide,
• expensive technology
• lack of awareness of these tools in developing countries
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For granular level understanding the Optogenetics Market is segmented based on type and application, each being provided with Market Size Estimations and Y-o-Y Forecasts.
Based on Sensor Type:
• Genetically Encoded Calcium Indicators
• pH Sensors
• Neurotransmitter Release
• Voltage-Sensitive Fluorescent Proteins
Based on Technique:
Based on Application:
• Retinal Disease Treatment
• Behavioral Tracking
Based on Light Equipment:
The Middle-East and Africa market is also analyzed individually in both the regions, thereby providing a more detailed geographical understanding of the market. Some of the major countries that hold significant place in this market include Egypt, KSA, UAE, Nigeria and Algeria.
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Some of the key players that operate in the Middle-East and Africa Optogenetics market include Coherent Inc., Noldus, Thorlabs Inc. Cobalt Inc., Scientifica, Bruker, Laserglow technologies, Regenxbio Inc., Gensight, Addgene, UPenn Vector Core and Jackson Laboratories. In March 2016, Coherent, a world leader in lasers and laser-based technology for scientific, commercial and industrial customers, and ROFIN-SINAR Technologies, Inc., one of the world’s leading developers and manufacturers of high-performance industrial laser sources and laser-based solutions and components, announced that their Boards of Directors have unanimously approved a definitive agreement under which Coherent will acquire ROFIN for $32.50 per share in cash, in a transaction valued at approximately $942 million.
The Middle-East and Africa Optogenetics market report offers wide-range of scope:
• Regional level analysis that provides an individual perspective of Middle-East and Africa region individually and on a whole
• Know more about key areas of industry growth via detailed Segment-level analysis on basis of sensor type, technique, application, light equipment along with market size forecasts and y-o-y estimations
• Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
• Strategic Analyses containing PESTLE and Porter’s Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics
• Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market
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