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Share Of Diabetic Neuropathy Is Nearly One-Fourth And Expanding At A CAGR Of 5.6% Through 2025

01-17-2023 01:34 PM CET | Health & Medicine

Press release from: Fact.MR

Share Of Diabetic Neuropathy Is Nearly One-Fourth And Expanding

Diabetic neuropathy formulations are expected to be used more frequently in the segment treating peripheral neuropathy disorders. The market for medications to treat peripheral neuropathy is expected to grow because present therapies for the condition focus more on pain management than on nerve regeneration.

Additionally, the underdiagnosis of individuals with peripheral neuropathy will increase the potential of these medications. According to projections, there will be a positive CAGR of 5.9% and a market share of more than 50%.

๐——๐—ผ๐˜„๐—ป๐—น๐—ผ๐—ฎ๐—ฑ ๐—™๐—ฟ๐—ฒ๐—ฒ ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—–๐—ผ๐—ฝ๐˜† ๐—ผ๐—ณ ๐—ง๐—ต๐—ถ๐˜€ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜: https://www.factmr.com/connectus/sample?flag=S&rep_id=4698?PS

Thus, it is estimated that a growth in the number of patients with proximal neuropathy will propel the development of diabetic neuropathy medications and formulations, which are expected to account for approximately one-fourth of the market share and grow at a CAGR of 5.6% through 2025.

Diabetic neuropathy formulations are expected to be used more frequently in the segment treating peripheral neuropathy disorders. The market for medications to treat peripheral neuropathy is expected to grow because present therapies for the condition focus more on pain management than on nerve regeneration.

The key market players are Arbor Pharmaceuticals, LLC, Pfizer, Inc., Janssen Global Services, LLC, NeuroMatrix, Inc., Depomed, Inc., and Eli Lilly

๐—š๐—ฒ๐˜ ๐—–๐˜‚๐˜€๐˜๐—ผ๐—บ๐—ถ๐˜‡๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ผ๐—ป ๐˜๐—ต๐—ถ๐˜€ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜: https://www.factmr.com/connectus/sample?flag=RC&rep_id=4698

However, it is envisaged that formulations for diabetic neuropathy would find significant applicability in proximal neuropathy problems. Among type 2 diabetics, proximal neuropathy is the most prevalent condition.
Global Diabetic Neuropathy Market Segmentation

Fact.MR has studied the global diabetic neuropathy market with detailed segmentation on the basis of disorder, treatment, distribution channel and region.

By Disorder
โ€ข Peripheral Neuropathy
โ€ข Autonomic Neuropathy
โ€ข Proximal Neuropathy
โ€ข Focal Neuropathy

By Treatment

โ€ข Drugs
โ€ข Analgesic

Topical:

โ€ข Capsaicin
โ€ข Others

Opioid:

โ€ข Morphine
โ€ข Others

NSAIDs:

โ€ข Ibuprofen
โ€ข Naproxen
โ€ข Others

Antidepressants:

TCAs:

โ€ข Amitriptyline
โ€ข Imipramine
โ€ข Others
โ€ข SNRIs:
โ€ข Duloxetine
โ€ข Others

SSRIs:

โ€ข Citalopram
โ€ข Paroxetine
โ€ข Others

Anticonvulsant Drugs:

โ€ข Gabapentin
โ€ข Pregabalin
โ€ข Topiramate
โ€ข Others
โ€ข Other Drugs

By Radiotherapy:

โ€ข Transcutaneous Electrical Nerve Stimulation (TENS)
โ€ข Others
โ€ข Physiotherapy

By Distribution Channel

โ€ข Hospitals
โ€ข Clinics
โ€ข Retail Pharmacy
โ€ข Online Pharmacy

By Region

โ€ข North America
โ€ข Europe
โ€ข Asia Pacific
โ€ข Latin America
โ€ข Middle East & Africa (MEA)

During the projection period, North America is expected to experience significant consumption of diabetic neuropathy medications. The proportion of diabetic neuropathy patients receiving a diagnosis and treatment is expected to rise, and so will government spending on research into potential new treatments and medications.

The study further identifies major manufacturing trends, technologies that will be commercialized

โ€ข Key manufacturing trends in end-use industries;
โ€ข New technologies used in a variety of application areas
โ€ข Key manufacturing trends in end-use industries
โ€ข New technologies used in a variety of application areas; Major economic shocks, such as the recent COVID-19 pandemic
โ€ข Country markets that will emerge as hotbeds of opportunity;
โ€ข Regulatory frameworks that will shape the strategies of key players in key regions in the Diabetic Neuropathy market
โ€ข Key technological trends and the likely rate of commercialization of novel technologies in key industries and allied industries

๐—š๐—ฒ๐˜ ๐—™๐˜‚๐—น๐—น ๐—”๐—ฐ๐—ฐ๐—ฒ๐˜€๐˜€ ๐—ผ๐—ณ ๐—–๐—ผ๐—บ๐—ฝ๐—น๐—ฒ๐˜๐—ฒ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜: https://www.factmr.com/checkout/4698

Contact:

US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E: sales@factmr.com

About Fact.MR

We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.

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