Advanced glycation end products are compounds formed by non-enzymatic reactions in between carbonyl groups of reducing sugars and free amino groups of proteins, lipids, or nucleic acids and can be gained exogenously from diet or formed endogenously within the body. AGEs gather intracellularly and extracellularly in all tissues and body fluids and can cross-link with other proteins, affecting their normal functions. Advanced glycation end products (AGEs) are found to be included in the pathogenesis of different diseases. AGEs play a vital role in the fibrosis and cirrhosis of CHC (chronic hepatitis C) patients through autophagy induction and hepatic stellate cells (HSC) activation. Since this process generates irreversible glycation end products, it induces cellular anomalies that result in potentially fatal clinical consequences.
MARKET SCOPE
The "Global Advanced Glycation End Products 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 Advanced glycation end products market with detailed market segmentation by type, application, end use, and geography. The report provides key statistics on the market status of the leading Advanced glycation end products market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global Advanced glycation end products market is segmented into non-fluorescent ages, fluorescent ages.
- On the basis of application, the market is segmented into diabetic complications, cancer, bone diseases, neurodegenerative diseases, others.
- On the basis of end use, the market is segmented into hospitals, specialty clinics, homecare settings, others.
MARKET DYNAMICS
Drivers:
- Rise in the cases of cancer globally.
- Rise in the product approval and launches.
- Growth in the numbers of neurodegenerative disorders.
Restraints:
- The high cost of aesthetic procedures is the major restraining factor for this market.
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 Advanced glycation end products 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.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Advanced glycation end products market in these regions.
IMPACT OF COVID-19ON ADVANCED GLYCATION END PRODUCTS 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.
MARKET PLAYERS
The report covers key developments in the Advanced glycation end products market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Advanced glycation end products market are anticipated to lucrative growth opportunities in the future with the rising demand for Advanced glycation end products in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Advanced glycation end products 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.
- Allergan Plc
- Est?e Lauder Companies
- Shiseido Company
- Beiersdorf AG
- L'Or?al S.A
- NuFACE
- Ostium Cosmetics
- PhotoMedex, Inc
- Alma Laser
- Rodan & Fields, LLC