Press release
Share Of Diabetic Neuropathy Is Nearly One-Fourth And Expanding 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.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%.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐๐ฟ๐ฒ๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐ง๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: 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
๐๐ฒ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: 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
โข Peripheral Neuropathy
โข Autonomic Neuropathy
โข Proximal Neuropathy
โข Focal Neuropathy
By Treatment
โข Drugs
โข Analgesic
Topical:
โข Capsaicin
โข Others
Opioid:
โข Morphine
โข Others
NSAIDs:
โข Ibuprofen
โข Naproxen
โข Others
Antidepressants:
TCAs:
โข Amitriptyline
โข Imipramine
โข Others
โข SNRIs:
โข Duloxetine
โข Others
SSRIs:
โข Citalopram
โข Paroxetine
โข Others
Anticonvulsant Drugs:
โข Gabapentin
โข Pregabalin
โข Topiramate
โข Others
โข Other Drugs
By Radiotherapy:
โข Transcutaneous Electrical Nerve Stimulation (TENS)
โข Others
โข Physiotherapy
By Distribution Channel
โข Hospitals
โข Clinics
โข Retail Pharmacy
โข Online Pharmacy
By Region
โข North America
โข Europe
โข Asia Pacific
โข Latin America
โข 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
โข Key manufacturing trends in end-use industries;
โข New technologies used in a variety of application areas
โข Key manufacturing trends in end-use industries
โข New technologies used in a variety of application areas; Major economic shocks, such as the recent COVID-19 pandemic
โข Country markets that will emerge as hotbeds of opportunity;
โข Regulatory frameworks that will shape the strategies of key players in key regions in the Diabetic Neuropathy market
โข Key technological trends and the likely rate of commercialization of novel technologies in key industries and allied industries
๐๐ฒ๐ ๐๐๐น๐น ๐๐ฐ๐ฐ๐ฒ๐๐ ๐ผ๐ณ ๐๐ผ๐บ๐ฝ๐น๐ฒ๐๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: 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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