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Global Peripheral Neuropathy Treatment Market 2020 Size, Growth Analysis Report, Forecast to 2026

12-23-2020 07:50 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The global peripheral neuropathy treatment market is estimated to grow at a CAGR of 4.3% during the forecast period. A significant rise in diabetes prevalence is the major factor in accelerating market growth. As per the International Diabetes Federation (IDF), in 2019, nearly 463 million adults (20-79 years) were suffering from diabetes, which is expected to reach 700 million by 2045. Uncontrolled high blood sugar can damage nerves and impede nerves' ability to transmit signals, which results in diabetic neuropathy. High blood sugar also impairs the walls of the capillaries (small blood vessels) that deliver the nerves with nutrients and oxygen. Peripheral neuropathy is a common type of diabetic neuropathy, which firstly affects the legs and feet, followed by the arms and hands.

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It is a severe diabetic complication that may affect nearly 50% of people suffering from diabetes. This, in turn, is contributing to the demand for peripheral neuropathy treatment. The most commonly used drugs for the condition include anti-seizure drugs, antidepressants, and pain-relievers. Anti-seizure medications include pregabalin (Lyrica) and gabapentin (Gralise, Neurontin). Some antidepressants are used to ease nerve pain, even the patient is not depressed. Tricyclic antidepressants may provide relied on mild to moderate nerve pain. Drugs used for this class include desipramine (Norpramin), imipramine (Tofranil), and amitriptyline.

A Full Report of Global Peripheral Neuropathy Treatment Market is Available at: https://www.omrglobal.com/industry-reports/peripheral-neuropathy-treatment-market

Scope of the Global Peripheral Neuropathy Treatment Market

Market Coverage

The market number available for 2019-2026
Base year- 2019
Forecast period- 2020-2026
Segment Covered- By Type and Application
Regions Covered- North America, Europe, Asia-Pacific, and Rest of the World
Competitive Landscape- Pfizer Inc., Grünenthal GmbH, Novartis International AG, Eli Lilly and Co., and Daiichi Sankyo Co. Ltd.

Global Peripheral Neuropathy Treatment Market-Segmentation

By Type

Antidepressants
Pain Relievers
Antiseizure
Others

By Application

Diabetes
Chemotherapy-Induced
Others

Global Peripheral Neuropathy Treatment Market– Segment by Region

North America

US
Canada

Europe

Germany
UK
France
Spain
Italy
Rest of Europe

Asia-Pacific

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Latin America
Middle East and Africa

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/peripheral-neuropathy-treatment-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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