Global OTC Deficiency Treatment Market Will More Ever Closer To Billion Dollar Mark By 2030

Ornithine transcarbamylase (OTC) deficiency is a genetic disorder arising due to inadequate levels of OTC, an enzyme that helps decompose and eliminate unwanted nitrogen from the human body. This process is also known as the urea cycle.

Deficiency of this enzyme causes excessive nitrogen accumulation, or hyperammonemia, in the blood. Another perilous effect of this genetic disorder is the secretion of elevated levels of ammonia, which is a notorious neurotoxin. Once it reaches the central nervous system, it induces symptoms such as anorexia and overall lethargy.

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Currently, players in the multiphoton microscopy space are consistently making changes in their product categories and technologies in order to enhance device capabilities. For instance, in December 2020, ZEISS introduced ZEISS Lattice lightsheet 7; this product is tailored to observe cellular processes within cells and small organisms in 3D over extended time periods, all at a subcellular resolution with minimum light dosage.

The global multiphoton microscopy market was valued at around US$ 150 Mn in 2019, and is projected to expand at a CAGR of close to 5% through 2031.

Key Takeaways from Multiphoton Microscopy Market Study

  • Two-photon microscopy accounted for 94.2% market share in 2020.
  • Deep tissue imaging is the most lucrative segment and holds nearly 18% of the market share.
  • North America and Europe collectively hold over half of the global multiphoton microscopy market share, owing to technological advancements and increasing mergers and collaborations in these regions.
  • Hospitals & clinics account for over 5% value share, since they serve as the primary centers for disease diagnosis and treatment.
  • The COVID19 pandemic has resulted in a temporary pause of all non-essential and elective procedures. Medical device manufacturers have been severely impacted, with companies reporting significant drop in revenue due to the cancellation of diagnostic procedures.

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Key Segments of Multiphoton Microscopy Market

Product

  • Two-photon Microscopy
  • Three-photon Microscopy

Application

  • Skin Imaging
  • Neuroscience
  • Oncology
  • Immunology
  • Immunology
  • Deep Tissue Imaging
  • Functional and Molecular Imaging
  • Intravital Imaging
  • Cell Culture
  • Virology
  • Others

End User

  • Hospitals & Clinics
  • Clinical & Diagnostic Laboratories
  • Academic & Research Institutes

Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East and Africa

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Crucial insights in the Multiphoton Microscopy Market research:

  • Underlying macro- and microeconomic factors impacting the growth of the Multiphoton Microscopy Market Basic overview of the Multiphoton Microscopy Market including market definition, classification, and applications.
  • Scrutinization of each Multiphoton Microscopy Market player based on mergers & acquisitions, R&D projects, and product launches.
  • Adoption trend of Multiphoton Microscopy Market across various industries.
  • Important regions and countries offering lucrative opportunities to Metal Packaging Coatings Market stakeholders.

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