openPR Logo
Press release

Peripheral Neuropathy Treatment Market to Witness Growth Acceleration by 2031

05-14-2024 02:12 PM CET | Health & Medicine

Press release from: Orion Market Research

Peripheral Neuropathy Treatment Market to Witness Growth

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.

To learn more about this report request a sample copy @

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.

Recent Strategic Initiatives in the Global Peripheral Neuropathy Treatment Market

• In July 2020, Grünenthal declared that its subsidiary Averitas Pharma, Inc. gained US FDA approval for QUTENZA (capsaicin) 8% patch to treat neuropathic pain related to diabetic peripheral neuropathy of the feet in adults. It is a topical, non-opioid pain, and non-systemic treatment that is delivered in the patch form. It is the first and only treatment of its kind that delivers prescription-strength capsaicin directly into the skin. The patch can offer sustained relief for up to three months. It has no known drug-drug interactions. Its adverse reactions comprise application site reactions, such as pruritus, erythema, and pain.

• In July 2019, Rising Pharmaceuticals, Inc. declared the introduction of a generic version of Lyrica, (pregabalin) capsules in the US. These capsules are intended for neuropathic pain management related to diabetic peripheral neuropathy, for the management of fibromyalgia, and others.

Global Peripheral Neuropathy Treatment Market-Segmentation

By Type

• Antidepressants
• Pain Relievers
• Antiseizure
• Others

By Application

• Diabetes
• Chemotherapy-Induced
• Others

A full report of Peripheral Neuropathy Treatment Market is available at:

Peripheral Neuropathy Treatment Market- Segment by Region

North America

• United States
• Canada


• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe


• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Achelios Therapeutics, Inc.
• Acorda Therapeutics, Inc.
• Alembic Pharmaceuticals, Ltd.
• Amneal Pharmaceuticals LLC
• Apotex, Inc.
• Assertio Therapeutics, Inc.
• Bristol Myers Squibb Co.
• Cipla, Ltd.
• Daiichi Sankyo Company, Ltd.
• Eli Lilly and Co.
• GlaxoSmithKline plc

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

Visit more report at

Media Contact:

Contact Person: Mr. Anurag Tiwari
Contact no: +91 780-304-0404
Company Name: Orion Market Research

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. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Peripheral Neuropathy Treatment Market to Witness Growth Acceleration by 2031 here

News-ID: 3496030 • Views:

More Releases from Orion Market Research

Punnet Packaging Market is Likely to Increase at a Significantly High CAGR during Forecast Period 2031 | AVI Global Plast Pvt Ltd., Smurfit Kappa Group plc, INFIA srl, Berry Global, and Coveris Holdings SA
Punnet Packaging Market is Likely to Increase at a Significantly High CAGR durin …
Global punnet packaging market is anticipated to grow at a CAGR of 5.4% during the forecast period (2024-2031). The growing demand for high-barrier and tear-resistant packaging solutions among end-users to maximize the shelf life of perishable goods is driving the demand for punnet packaging. Personalized punnets with a retailer's logo, color palette, or unique design can help them stand out from the competition and improve brand recognition. Retail establishments may stand out
Milk Packaging Market Update Report 2024| Industry Trends, Demand, Leading Companies and Segmentation till 2031/ Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
Milk Packaging Market Update Report 2024| Industry Trends, Demand, Leading Compa …
Milk packaging market is projected to grow at a CAGR of over 4% during the forecast period. Milk is one of the highest consumed dairy products across the globe and is the most complex in storing for a long period of time owing to its moisture and other mineral contents. Packaging methods of the dairy industry are progressively changing in order to meet the requirements of consumers and the rest
Liquid Packaging Cartons Market Worldwide Industry Analysis, Future Demand and Forecast till 2031
Liquid Packaging Cartons Market Worldwide Industry Analysis, Future Demand and F …
The global liquid packaging cartons market is estimated to grow at a CAGR of 5.0% during the forecast period. Carton packaging is one of the most sustainable packaging solutions, which uses the paper board produced from renewable wood. Its space-saving and lightweight design facilitate filling and transportation of food and beverages. These packs are easy to open, eye-catching, and outfitted with all essential convenience factor. Carton packaging for beverages has
Instant Beverage Premix Market: Trends and Opportunities/ Pepsico, Inc., Nestlé S.A., The Coca-Cola Co., Dunkin Group, Inc.
Instant Beverage Premix Market: Trends and Opportunities/ Pepsico, Inc., Nestlé …
The global instant beverage premix market is anticipated to grow at a CAGR of 6.3% during the forecast period. Rising launches of instant beverage premixes with organic and natural ingredients and with functional claims are found to be very appealing to consumers who crave a variety of drinks. Growing health consciousness among consumers is inclining them towards ingredients such as turmeric, ginger, cardamom, lemon, black pepper, clove, mint, cinnamon, and apple cider

All 5 Releases

More Releases for Peripheral

PC Gaming Peripheral Market
PC Gaming Peripheral Market Research study which offers insights of in-depth research on historic and current market size along with the expected future prospects of the market and emerging trends in the market. The PC Gaming Peripheral Market report provides crucial information about the market, including Opinions from Industry experts, and the recent progressions and developments of the PC Gaming Peripheral Market. PC gaming peripheral are external hardware devices such as
Peripheral Vascular Devices Market Report 2018: Segmentation by Types (Periphera …
Global Peripheral Vascular Devices market research report provides company profile for Abbott Vascular, Bayer Healthcare, Volcano Corporation, Teleflex Medical and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation
Peripheral Vascular Device Market Size, Peripheral Vascular Device Market Share, …
Global Peripheral Vascular Device Market Size is observed to gain traction owing to the factors such as increasing research and development for developing several new product, and rising funding by the private organizations. Request for Sample of This Research Report @ Top Key Player:- Abbott Laboratories Braun Melsungen AG Boston Scientific Corporation R. Brad, Inc. Cardinal Health, Inc. Medtronic plc. Cook Medical, Inc. Teruma Corporation Jude Medical, Inc. The Spectranetics Corporation Volcano Corporation Peripheral vascular disorder (PVD) is a blood circulation disorder
Peripheral Artery Disease Market By Type (Peripheral Angioplasty Balloons, Perip …
Peripheral artery disease is characterized by plaque built up in the arteries carrying blood from heart to legs, arms, and other limbs. Peripheral artery disease in turn also increases the risk of other cardiovascular disorders such as heart attack, coronary heart disease, stroke, and ischemic attack. Request Sample At: The global peripheral artery disease market generated $3,136 million in 2016, and is projected to reach $4,980 million by 2023, registering a
Peripheral Intravenous Catheter Market
New research report offers a comprehensive analysis of the “Peripheral Intravenous Catheter Market: Asia Pacific Regional Market to Witness the Fastest Growth Throughout the Forecast Period: Global Industry Analysis & Opportunity Assessment, 2016-2021“The main objective of this report is to deliver insightful information and clear-cut facts pertaining to the growth trajectories of the market. Request to view Sample Report @ Peripheral intravenous catheter is a sophisticated medical device widely used to
Peripheral Arterial Disease (PAD)/ Peripheral Vascular Disease (PVD) - Pipeline …
Market Research Hub's Pharmaceutical and Healthcare latest pipeline guide Peripheral Arterial Disease (PAD) Peripheral Vascular Disease (PVD) - Pipeline Review, H1 2017, provides comprehensive information on the therapeutics under development for Peripheral Arterial Disease (PAD) Peripheral Vascular Disease (PVD) (Cardiovascular), complete with analysis by stage of development, drug target, mechanism of action (MoA), route of administration (RoA) and molecule type. The guide covers the descriptive pharmacological action of the therapeutics,