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Neurotrophic Keratitis Market to Expand at 17% CAGR, Touching USD 324 million by 2027 | Transparency Market Research

03-01-2024 10:22 AM CET | Health & Medicine

Press release from: Transparency Market Research

Neurotrophic Keratitis Market to Expand at 17% CAGR, Touching

Neurotrophic keratitis arises from dysfunction or damage to the trigeminal nerve, which impairs corneal innervation and trophic support, leading to corneal epithelial breakdown, ulceration, and progressive tissue damage. Common causes of NK include herpes simplex virus infection, herpetic keratitis, diabetes mellitus, neurosurgical procedures, and ocular trauma. Patients with NK may present with symptoms such as decreased corneal sensation, persistent epithelial defects, corneal thinning, and vision impairment.

Neurotrophic Keratitis market is estimated to attain a valuation of US$ 324 Mn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 17% during the forecast period, 2019-2027

Get a Sample Copy of the Neurotrophic Keratitis Market Research Report -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=72848

The significant players operating in the global Neurotrophic Keratitis market are

Dompe farmaceutici S.p.A., Allergan, ReGenTree, LLC, Alcon, Bausch & Lomb Incorporated (Bausch Health Companies Inc.), CONTACARE, OHTO Pharmaceutical Co., Ltd., Pfizer, Inc., Neuroptika, Santen Pharmaceutical Co., Ltd., Johnson & Johnson, Grand Pharma (China) Co., Ltd., and Zhejiang CONBA Pharmaceutical Co., Ltd.

Market Dynamics:

Therapeutic Modalities: Treatment of neurotrophic keratitis focuses on promoting corneal epithelial healing, reducing inflammation, and restoring corneal integrity to prevent vision loss and complications such as corneal perforation and scarring. Therapeutic modalities include lubricating eye drops, autologous serum eye drops, bandage contact lenses, amniotic membrane transplantation, and novel regenerative therapies.

Key Players: Leading pharmaceutical companies, ophthalmic biotechnology firms, and medical device manufacturers involved in the neurotrophic keratitis market include Novartis AG, Santen Pharmaceutical Co., Ltd., Dompé farmaceutici S.p.A., Shire (now part of Takeda Pharmaceutical Company Limited), and Johnson & Johnson Vision. These companies develop and commercialize ophthalmic medications, regenerative therapies, and surgical devices for corneal health and vision care.

Regenerative Therapies: Emerging regenerative medicine approaches, such as growth factor therapy, stem cell transplantation, and nerve regeneration techniques, hold promise for treating neurotrophic keratitis by restoring corneal innervation and promoting tissue repair. Clinical trials investigating the safety and efficacy of regenerative therapies offer hope for patients with refractory NK and severe corneal damage.

Patient Awareness and Advocacy: Patient advocacy groups, ophthalmic societies, and healthcare organizations play a vital role in raising awareness about neurotrophic keratitis, promoting early diagnosis, and advocating for access to innovative treatments. Patient support networks provide education, resources, and emotional support to individuals living with NK and their caregivers.

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Future Outlook and Opportunities:

Precision Medicine Approaches: Advancements in molecular diagnostics, genetic testing, and personalized medicine enable tailored treatment strategies based on individual patient characteristics, disease severity, and underlying etiology of neurotrophic keratitis. Precision medicine approaches optimize therapeutic outcomes and minimize adverse effects in patient populations with diverse clinical profiles.

Innovative Drug Delivery Systems: Novel drug delivery technologies, such as sustained-release implants, nanocarriers, and corneal inserts, enhance the bioavailability and therapeutic efficacy of ophthalmic medications for neurotrophic keratitis. Localized drug delivery systems minimize systemic exposure and maximize corneal penetration, improving patient compliance and treatment adherence.

Collaborative Research Initiatives: Collaborative research efforts between academia, industry, and regulatory agencies drive innovation and translational research in neurotrophic keratitis. Multicenter clinical trials, real-world evidence studies, and patient registries facilitate data sharing, evidence generation, and regulatory approval of novel therapies for NK.

Healthcare Policy and Access: Advocacy for healthcare policy reforms, insurance coverage, and reimbursement mechanisms facilitates equitable access to innovative treatments and specialized care for patients with neurotrophic keratitis. Health economic evaluations, patient-reported outcome measures, and comparative effectiveness research inform decision-making and resource allocation in healthcare systems.

Market Segmentation -

Treatment Type
Drugs
Artificial Tears
Recombinant Human Nerve Growth Factors Eye Drops
Antibiotics
Bandage Contact Lens
Others
Surgical Intervention
Tarsorrhaphy
Amniotic Membrane Transplantation
Others

Application
Stage I
Stage II
Stage III

This Report lets you identify the opportunities in Neurotrophic Keratitis Market by means of a region:

North America (the United States, Canada, and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
South America (Brazil etc.) The Middle East and Africa (North Africa and GCC Countries)

Reasons to Buy The Neurotrophic Keratitis Market Report: -

1.Regional report analysis highlighting the consumption of products/services in a region also shows the factors that influence the market in each region.

2.Reports provide opportunities and threats faced by suppliers in the Neurotrophic Keratitis industry around the world.

The report shows regions and sectors with the fastest growth potential.

3.A competitive environment that includes market rankings of major companies, along with new product launches, partnerships, business expansions, and acquisitions.

4.The report provides an extensive corporate profile consisting of company overviews, company insights, product benchmarks, and SWOT analysis for key market participants.

5.This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.

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About Us Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

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Neurotrophic Keratitis Market: Introduction Transparency Market Research has published a new report titled, "Global Neurotrophic Keratitis Market". According to the report, the global neurotrophic keratitis market was valued at US$ 91.6 Mn in 2018 and is projected to expand at a CAGR of ~17% from 2019 to 2027. Rise in reported cases of keratitis, increase in research & developmental activities, surge in awareness, and rise in co-morbidities & risk factors boost