Diabetic Neuropathy Treatment Market Research Report 2023 | Abbott, GlaxoSmithKline, Lupin, Glenmark

Diabetic neuropathy is a nerve-damaging disorder associated with diabetes mellitus. Patients suffering from diabetes for a long time are prone to suffer nerve damage throughout the body since the symptoms of diabetic neuropathies cannot be diagnosed at an earlier stage. Although there is no cure for diabetic neuropathy, it can be suppressed or prevented by various treatment modalities.

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The global market for diabetic neuropathy is driven by an increase in the prevalence of diabetes due to a sedentary lifestyle, an increase in the obese population due to inadequate diet and an increase in awareness of the diagnosis and treatment of diabetes. diabetes. However, the high cost of treatment for diabetic neuropathy and the side effects associated with medications hinders the growth of the market. On the contrary, it is expected that the increase in demand for the development of better drugs for neuropathy presents numerous opportunities for market growth in the near future.

The global market for diabetic neuropathy is segmented according to the disorder, the treatment, the distribution channel and the region. On the basis of the disorder, it is divided into peripheral, autonomic, proximal and focal neuropathy. Based on the treatment, it is divided into medicines, radiotherapy, physiotherapy and others. According to the distribution channel, it is classified in hospitals, clinics and pharmacies. The market is analyzed in four regions, namely North America, Europe, Asia-Pacific and LAMEA.

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Major Market Players:

• Abbott Laboratories
• F. Hoffmann-La Roche Ltd.
• Eli Lilly and Company
• Johnson & Johnson
• GlaxoSmithKline Plc.
• Lupin Limited
• Glenmark Pharmaceuticals Limited
• Pfizer Inc.

Key Benefits of Diabetic Neuropathy Treatment Market:

• The study provides an in-depth market analysis along with current trends and future estimates to elucidate imminent investment pockets.

• It presents a quantitative analysis from 2016 to 2023 to allow interested parties to capitalize on prevailing market opportunities.

• An extensive analysis of the market by type helps to understand regional trends.

• The key players and their strategies have been analyzed to understand the competitive perspective of the market.

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