Neuromorphic photonics is a cutting-edge fusion of neuroscience-inspired computing and photonics technology to overcome the constraints of conventional computing architectures. Its significance lies in the potential to transform information processing by mimicking the parallelism and efficiency of the human brain. Using optics and photonics principles, neuromorphic devices can execute intricate computations swiftly and with impressive energy efficiency. This innovation holds promise for advancing artificial intelligence and machine learning while addressing the limitations of traditional silicon-based computing. Neuromorphic photonics could herald a new era of computing that is more potent and draws inspiration from cognitive processes, leading to advancements in robotics, pattern recognition, and advanced data processing. This paper reviews the recent developments in neuromorphic photonic integrated circuits, applications, and current challenges.