The Latin American optogenetics market is forecasted to be worth USD 6.24 billion by 2027 from USD 3.08 billion in 2022, growing at a CAGR of 15.20% from 2022 to 2027.
The field of science subjected to nerves called neuroscience and having human and animal behavior called behavioral science are primarily driving the Latin American optogenetics market growth. Technology advancement is increasing rapidly. In addition, an increase in diseases relating to neurons, such as neurological disorders and a regular boost in emotional disturbance, drive the regional market's growth. Rapid usage in various schools, colleges, and research labs across the region operates the Latin American optogenetics market.
Growth in clinical trials or drug manufacturing is likely to increase the Latin American optogenetics market demand. In the coming years, investments by SMEs and large enterprises are foreseen to propel the Latin American optogenetics market growth.
Moral principles for the welfare of animals hinder the growth of the Latin American optogenetics market to some extent. The high incidence of under-the-counter sales in drug manufacture is also a challenge of the Latin American optogenetics market. Thus, there are several severe challenges faced by drug manufacturing companies.
This research report on the Latin American optogenetics market has been segmented & sub-segmented into the following categories:
By Sensor Type:
By Techniques:
By Application:
By Light Equipment:
By Country:
The Latin American region is expected to account for a moderate share in the global market during the forecast period. In Latin America, the government's favorable actions knowing the optogenetics treatment, advanced technology for the procedure, and an increase in nerve disorders are the factors that support the most substantial value.
The Brazilian optogenetics market accounted for the largest share in the Latin optogenetics market in 2020. The Mexican optogenetics market is expected to showcase a promising CAGR during the forecast period. Argentina and Chile and predicted to grow at a moderate growth rate.
KEY MARKET PLAYERS:
A few notable companies operating in the Latin American optogenetics market profiled in this report are Coherent Inc., Noldus, Thorlabs Inc., Cobalt Inc., Scientifica, Bruker, Laserglow technologies, Regenxbio Inc., Gensight, Addgene, UPenn Vector Core, and Jackson Laboratories.
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Sensor Type
5.1.1 Genetically Encoded Calcium Indicators
5.1.2 pH Sensors
5.1.3 Neurotransmitter Release
5.1.4 Voltage-Sensitive Fluorescent Proteins
5.2 By Technique
5.2.1 Archaerhodopsin
5.2.2 Channelrhodopsin
5.2.3 Halorhodopsin
5.3 By Application
5.3.1 Retinal Disease Treatment
5.3.2 Cardioversion
5.3.3 Neuroscience
5.3.4 Behavioral Tracking
5.3.5 Pacing
5.4 By Light Equipment
5.4.1 Lasers
5.4.2 LEDs
5.4.3 Others
6. Geographical Analysis
6.1 Introduction
6.2 Brazil
6.3 Mexico
6.4 Rest of Latin America
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Coherent Inc.
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Noldus
8.3 Thorlabs Inc.
8.4 Cobalt Inc.
8.5 Scientifica
8.6 Bruker
8.7 Laserglow Technologies
8.8 Regenxbio Inc.
8.9 Gensight
8.10 Addgene
8.11 UPenn Vector Core
8.12 Jackson Laboratories
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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