Global Optogenetics Actuators and Sensors Market to Reach $556.3 Million by 2030
The global market for Optogenetics Actuators and Sensors estimated at US$490 Million in the year 2023, is expected to reach US$556.3 Million by 2030, growing at a CAGR of 1.8% over the period 2023-2030. Actuators, one of the segments analyzed in the report, is expected to record 1.4% CAGR and reach US$365.9 Million by the end of the analysis period. Growth in the Sensors segment is estimated at 2.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $145.8 Million, While China is Forecast to Grow at 1.6% CAGR
The Optogenetics Actuators and Sensors market in the U.S. is estimated at US$145.8 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$98.2 Million by the year 2030 trailing a CAGR of 1.6% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2% and 1.2% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 1.7% CAGR.
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