Global Neurotrophic Keratitis Treatment Market 2018-2022
About Neurotrophic Keratitis
Neurotrophic keratitis is a rare, degenerative disease of the corneal epithelium resulting from impaired corneal innervation. It is characterized by corneal sensitivity reduction, spontaneous epithelium breakdown, and the impairment of corneal healing.
Technavio’s analysts forecast the Global Neurotrophic Keratitis Treatment Market to grow at a CAGR of 4.12% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the neurotrophic keratitis treatment market. To calculate the market size, the report considers the revenue generated by the sale of drugs for the treatment of neurotrophic keratitis across the globe.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report - Global Neurotrophic Keratitis Treatment Market 2018-2022
Technavio recognizes the following companies as the key players in the global neurotrophic keratitis treatment market: Allergan, Bausch Health, Bayer, Dompé farmaceutici, and Novartis.
Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is the increased use of rhNGF. The global neurotrophic keratitis market is witnessing increasing adoption of rhNGF as a therapy for the neurodegeneration of the central and peripheral nervous system.”
According to the report, one driver influencing this market is the growing geriatric population. The growth of the global neurotrophic keratitis market is driven by growing geriatric population which will boost the demand for various types of keratopathy treatment.
Further, the report states that one challenge affecting this market is the high cost of treatment. The high cost of the available approved drug is expected to negatively affect the global neurotrophic keratitis treatment market during the forecast period.
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