Neurotrophins Market Projected to Witness Vigorous Expansion by 2028 | Lonza Groups, Merck Serono, Allergan PLC, PeproTech, Johnson and Johnso

The neurotrophins are neural factors that help in the neurons' growth, survival, and programmed cell death. Neurotrophins also regulate axon growth, cell fate decisions, dendrite pruning, and protein expression essential for primary neurological function. Neurotransmitters and various ion channels help in the proper operation of the neuronal factors. Neurotrophins have been widely used for treating multiple chronic neurological disorders like Alzheimer's disease, Parkinson's Disease, etc., by regulating the cell death pathway.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Neurotrophins market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

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Janssen Biotech, Inc.
Johnson and Johnso
Lonza Groups
FibroGen, Inc.
Scil Proteins GmbH
Merck Serono
Scil Proteins GmbH
PeproTech, Inc.
GE Healthcare
Allergan PLC.

MARKET SCOPE

The "Global Neurotrophins Market Analysis to 2028" is a specialized and in-depth study of the biotechnology industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Neurotrophins market with detailed market segmentation by product type, application, end use, and geography. The report provides key statistics on the market status of the leading Neurotrophins market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

- Based on product type, the global Neurotrophins market is segmented into nerve growth factor, brain derived neurotrophic factor, neurotrophin 3, dehydroepiandrosterone sulfate.

- On the basis of application, the market is segmented into alzheimer's disease, amyotrophic lateral sclerosis, parkinson's disease, others.

- On the basis of end use, the market is segmented into hospitals, diagnostic centers, others.

Drivers

- Rise in the incidences of several chronic
neurological diseases.
- Rise in the geriatric population.
Growing awareness regarding mental health.
- Availability of funding for research and
development

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Neurotrophins market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

IMPACT OF COVID-19 ON NEUROTROPHINS MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

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