PUBLISHER: The Business Research Company | PRODUCT CODE: 1889606
PUBLISHER: The Business Research Company | PRODUCT CODE: 1889606
A tropomyosin receptor kinase C (TrkC) antibody is a protein engineered to specifically attach to the TrkC receptor, a member of the receptor tyrosine kinase family that plays a key role in neural development, function, and certain disease processes. It is used in research to detect or influence TrkC receptor activity, supporting studies of neurotrophin signaling and immune responses, and is also employed in diagnostic or experimental applications.
The primary product types of tropomyosin receptor kinase C (TrkC) antibody include monoclonal antibodies, polyclonal antibodies, and recombinant antibodies. Monoclonal antibodies (mAbs) are laboratory-produced antibodies that are uniform and designed to recognize a single epitope on a target antigen. They are used in various applications, such as basic research and drug discovery, and serve end users including pharmaceutical and biotechnology companies, academic and research institutions, diagnostic laboratories, and others.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The sudden escalation of U.S. tariffs and the consequent trade frictions in spring 2025 are severely impacting the healthcare sector, particularly in the supply of critical medical devices, diagnostic equipment, and pharmaceuticals. Hospitals and healthcare providers are facing higher costs for imported surgical instruments, imaging equipment, and consumables such as syringes and catheters, many of which have limited domestic alternatives. These increased costs are straining healthcare budgets, leading some providers to delay equipment upgrades or pass on expenses to patients. Additionally, tariffs on raw materials and components are disrupting the production of essential drugs and devices, causing supply chain bottlenecks. In response, the industry is diversifying sourcing strategies, boosting local manufacturing where possible, and advocating for tariff exemptions on life-saving medical products.
The tropomyosin receptor kinase C (TrkC) antibody market research report is one of a series of new reports from The Business Research Company that provides tropomyosin receptor kinase C (TrkC) antibody market statistics, including tropomyosin receptor kinase C (TrkC) antibody industry global market size, regional shares, competitors with a tropomyosin receptor kinase C (TrkC) antibody market share, detailed tropomyosin receptor kinase C (TrkC) antibody market segments, market trends and opportunities, and any further data you may need to thrive in tropomyosin receptor kinase C (TrkC) antibody industry. This tropomyosin receptor kinase C (TrkC) antibody market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The tropomyosin receptor kinase C (TrkC) antibody market size has grown rapidly in recent years. It will grow from $1.44 billion in 2024 to $1.62 billion in 2025 at a compound annual growth rate (CAGR) of 12.5%. Growth during the historic period can be linked to the rising prevalence of neurological disorders, greater adoption of targeted immunotherapies, increasing demand for monoclonal antibody-based treatments, heightened focus on managing rare diseases, and growing awareness of neurodegenerative disease diagnostics.
The tropomyosin receptor kinase C (TrkC) antibody market size is expected to see rapid growth in the next few years. It will grow to $2.56 billion in 2029 at a compound annual growth rate (CAGR) of 12.2%. Growth in the forecast period can be attributed to expanding funding for neuro-oncology research, an increasing number of clinical trials, wider adoption of precision medicine, growing collaboration between academic and industry stakeholders, and rising healthcare spending in developed regions. Key trends anticipated for the forecast period include technological progress in antibody engineering, advancements in biomarker-driven diagnostics, improvements in recombinant antibody production, innovations in monoclonal antibody delivery systems, and continued development in molecular targeting and protein expression.
The rising prevalence of neurological disorders is expected to drive the growth of the tropomyosin receptor kinase C (TrkC) antibody market. Neurological disorders affect the brain, spinal cord, and nerves, causing a wide range of symptoms, including cognitive, motor, and sensory impairments. The aging population is a key factor behind the increasing prevalence of these disorders, as aging leads to gradual neuronal decline, reduced brain plasticity, and elevated oxidative stress. These changes contribute to the development and progression of neurodegenerative and neurodevelopmental conditions. TrkC antibodies are essential in treating these disorders by specifically targeting TrkC receptors, which play a critical role in neuronal growth, survival, and differentiation. By modulating TrkC signaling pathways, TrkC antibodies help in the development of targeted therapies and improve the understanding of conditions like Alzheimer's disease and other neurodegenerative diseases. For instance, in July 2024, the National Health Service (NHS) in the UK reported that there were 487,432 patients diagnosed with dementia by mid-year, an increase of 3,155 cases from May. This growing prevalence of neurological disorders is fueling the growth of the TrkC antibody market.
The rise in demand for personalized medicine is expected to boost the growth of the TrkC antibody market. Personalized medicine involves tailoring treatments to individual patients based on their genetic, environmental, and lifestyle factors. This approach optimizes therapeutic outcomes and improves care. The demand for personalized medicine is increasing due to advancements in genomic technologies, which enable the precise identification of genetic variations and allow for tailored treatments. TrkC antibodies play a crucial role in personalized medicine by enabling the detection and targeting of TrkC receptors, which can be used to develop treatments specifically suited to individual patients. By improving the accuracy of therapeutic interventions, TrkC antibodies help optimize outcomes in neurological and cancer-related disorders. For example, in February 2024, the Personalized Medicine Coalition (PMC) reported that the U.S. FDA approved 26 new personalized medicines in 2023, a significant increase from 12 approved in 2022. The demand for personalized medicine continues to drive the growth of the TrkC antibody market.
The increasing prevalence of cancer is contributing to the growth of the TrkC antibody market. Cancer prevalence refers to the total number of individuals, both newly diagnosed and previously diagnosed, who are living with a history of cancer at a given time. The rise in cancer prevalence is primarily due to lifestyle-related factors such as poor diet, smoking, alcohol consumption, and environmental pollutants. TrkC antibodies are beneficial in cancer treatment as they target TrkC receptors, which play a role in tumor growth and progression. These antibodies enable precise detection and modulation of tumor growth pathways, leading to more effective and targeted therapies for TrkC-related cancers. According to the Australian Institute of Health and Welfare, the number of cancer cases diagnosed in Australia reached 160,570 in 2022, a 3,789-case increase from the previous year. This growing cancer burden is driving the demand for TrkC antibodies, supporting the development of targeted oncology therapies.
Major companies operating in the tropomyosin receptor kinase c (trkc) antibody market are Merck & Co. Inc., Thermo Fisher Scientific Inc., Becton Dickinson and Company, GeneTex Inc., Bio-Techne Corporation, GenScript Biotech Corporation, Cell Signaling Technology Inc, Sino Biological Inc., ACROBiosystems Inc., Proteintech Group Inc., Abclonal Inc., OriGene Technologies Inc., Santa Cruz Biotechnology Inc., Rockland Immunochemicals Inc., Novus Biologicals LLC, Abnova Corporation, Aviva Systems Biology Corporation, MyBioSource Inc., Alomone Labs, LifeSpan BioSciences Inc.
North America was the largest region in the tropomyosin receptor kinase C (TrkC) antibody market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in tropomyosin receptor kinase C (TrkC) antibody report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the tropomyosin receptor kinase C (TrkC) antibody market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The tropomyosin receptor kinase C (TrkC) antibody market consists of sales of conjugated antibodies, antibody fragments, custom antibodies, kits, secondary antibodies, and antibody cocktails. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Tropomyosin Receptor Kinase C (TrkC) Antibody Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on tropomyosin receptor kinase c (trkc) antibody market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for tropomyosin receptor kinase c (trkc) antibody ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The tropomyosin receptor kinase c (trkc) antibody market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.