OPTOGENETICS ACTUATORS AND SENSORS MARKET ANALYSIS

Market Challenges And Opportunities

optogenetics actuators and sensors market - Market Dynamics

Factors responsible for growth of the optogenetics actuators and sensors market are rise in burden of retinal disease and neurological disorders, rapid development and research in the field of optogenetics, and government initiatives such as funding support for development of this field. Optogenetics allow to understand which biochemical and physiological pathway is working for cause of particular disease, which may help to find treatment for particular disease by flashing blue light on specific neural cells. According to World Health Organization’s factsheet in 2016, age-related macular degeneration (AMD) ranked third among the global causes of visual impairment with a blindness prevalence of 8.7 %. Age-related macular degeneration is the primary cause of visual deficiency in industrialized countries. Alzheimer’s disease is another potential area in which optogenetics could give sustainable treatment solution. According to World Alzheimer Report in 2016, there were an estimated 46.5 million Alzheimer’s disease patients across the world. Moreover, every three second, one new case of Alzheimer’s disease is registered, worldwide.