Press release
Impact Of Rising Diabetes Prevalence On The Growth Of The Peripheral Neuropathy Market Driver: A Major Catalyst in the Evolution of the Peripheral Neuropathy Market in 2025
What combination of drivers is leading to accelerated growth in the peripheral neuropathy market?The increasing prevalence of diabetes is expected to drive the growth of the peripheral neuropathy market. Diabetes, a chronic condition leading to high blood glucose, is causing more cases of peripheral neuropathy, a complication that damages nerves, leading to symptoms such as pain and numbness. The rising rates of obesity and sedentary lifestyles are contributing to the growing prevalence of diabetes. According to the British Diabetic Association's report in April 2023, 4.3 million people in the UK are diagnosed with diabetes, and over 2.4 million are at high risk of type 2 diabetes. This trend is fueling the demand for peripheral neuropathy treatments.
Get Your Peripheral Neuropathy Market Report Here:
https://www.thebusinessresearchcompany.com/report/peripheral-neuropathy-global-market-report
What is the projected compound annual growth rate (CAGR) of the peripheral neuropathy market from 2025 to 2034, and what factors influence it?
The peripheral neuropathy market has seen significant growth in recent years. It is projected to grow from $4.09 billion in 2024 to $4.62 billion in 2025, reflecting a CAGR of 13.2%. This expansion is driven by the growing prevalence of chronic diseases like diabetes, increased awareness about neuropathic pain management, the rising geriatric population, the growth of healthcare infrastructure, specialized treatment centers, and government initiatives for neurological healthcare services.
The peripheral neuropathy market is projected to grow swiftly, reaching $7.52 billion by 2029 at a CAGR of 12.9%. This growth is driven by the ongoing rise of chronic conditions, especially diabetes and cancer, advancements in treatments for neuropathic pain, increased research investments for new treatments, and the use of digital health solutions for managing symptoms. Trends include personalized treatment, the use of wearable devices for symptom monitoring, the expansion of telemedicine, targeted therapies, regenerative medicine developments, digital therapeutics, and advanced diagnostic tools for early detection.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16507&type=smp
How are the latest trends influencing the growth of the peripheral neuropathy market?
In the peripheral neuropathy market, companies are developing advanced diagnostic solutions, such as point-of-care devices, to better manage and diagnose the condition. For example, in January 2023, NeuroMetrix Inc., a US-based medical device manufacturer, launched DPNCheck 2.0, a point-of-care device for detecting peripheral neuropathy. The device uses nerve conduction technology to assess the degeneration of peripheral nerves, offering a quicker and more accurate diagnosis compared to traditional methods like monofilament or tuning fork tests.
What are the major segments of the peripheral neuropathy market and their role in driving growth?
The peripheral neuropathy market covered in this report is segmented -
1) By Type: Chemotherapy-Induced, Diabetic, Human Immunodeficiency Virus (HIV) Or Acquired Immunodeficiency Syndrome (AIDS Associated, Idiopathic
2) By Diagnosis: Blood Test, Biopsy, Imaging, Other Diagnosis
3) By Treatment: Medications, Antidepressants, Anti-Seizure Medication, Pain Reliever, Topical Treatment, Therapies, Nerve Stimulation, Plasma Exchange, Physical Therapy, Other Treatments
4) By End-User: Hospitals, Clinics, Ambulatory Centers
Subsegments:
1) By Chemotherapy-Induced: Taxane-Induced Peripheral Neuropathy, Platinum-Based Drug-Induced Neuropathy, Other Chemotherapy-Induced Neuropathies
2) By Diabetic: Type 1 Diabetes-Induced Peripheral Neuropathy, Type 2 Diabetes-Induced Peripheral Neuropathy
3) By Human Immunodeficiency Virus (HIV) Or Acquired Immunodeficiency Syndrome (AIDS) Associated: HIV-Associated Peripheral Neuropathy, AIDS-Related Peripheral Neuropathy
4) By Idiopathic: Acute Idiopathic Neuropathy, Chronic Idiopathic Neuropathy
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=16507
Which regions are key players in the growth of the peripheral neuropathy market?
North America was the largest region in the peripheral neuropathy market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the peripheral neuropathy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the peripheral neuropathy market?
Major companies operating in the peripheral neuropathy market are Pfizer Inc., Merck and Co. Inc., Novartis AG, Bristol Myers Squibb Co, AstraZeneca Plc, Abbott Laboratories, Eli Lilly and Co., Asahi Kasei Corporation, Daiichi Sankyo Co. Ltd., Sun Pharmaceutical Industries Ltd, Aurobindo Pharma, Cadila Pharmaceuticals Ltd., Dr. Reddy's Laboratories, Cipla Ltd., Apotex Inc, Hikma Pharmaceuticals PLC, Lupin Limited, Grunenthal GmbH, ACI Limited, Lexicon Pharmaceuticals, Solasia Pharma KK, Helixmith Co. Ltd., PledPharma AB
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=16507&type=smp
What Is Covered In The Peripheral Neuropathy Global Market Report?
•Market Size Forecast: Examine the peripheral neuropathy market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the peripheral neuropathy market for a structured understanding.
•Key Players Overview: Analyze major players in the peripheral neuropathy market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the peripheral neuropathy market.
•Segment Contributions: Evaluate how different segments drive overall growth in the peripheral neuropathy market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the peripheral neuropathy market.
•Industry Challenges: Identify potential risks and obstacles affecting the peripheral neuropathy market.
•Competitive Landscape: Review strategic developments in the peripheral neuropathy market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
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 Impact Of Rising Diabetes Prevalence On The Growth Of The Peripheral Neuropathy Market Driver: A Major Catalyst in the Evolution of the Peripheral Neuropathy Market in 2025 here
News-ID: 3931747 • Views: …
More Releases from The Business Research Company

Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…

Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…

Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…

Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Neuropathy
Neuropathy Care Centers Launches National Push to Rethink Peripheral Neuropathy …
A healthcare organization builds out a collaborative model aimed at earlier intervention and improved patient understanding
WHEATON, IL - July 14, 2025 - Neuropathy Care Centers, a Wheaton-based healthcare organization, today announced the expansion of its national initiative to improve how Peripheral Neuropathy is identified and managed across the U.S. The organization is developing a growing network of providers focused on early detection and conservative, nerve-focused care, an effort intended to…
Chemotherapy Induced Peripheral Neuropathy Market Trends and Insights, Toward Sa …
Overview of the Market
Chemotherapy Induced Peripheral Neuropathy (CIPN) is one of the most common and debilitating side effects of cancer treatment, affecting a significant portion of chemotherapy patients. CIPN occurs when chemotherapy drugs cause damage to the peripheral nerves, leading to symptoms such as numbness, tingling, burning sensations, and pain, primarily in the hands and feet. With the growing global prevalence of cancer, the incidence of CIPN is also rising,…
Prominent Diabetic Peripheral Neuropathy Market Trend for 2025: Advancements In …
What industry-specific factors are fueling the growth of the diabetic peripheral neuropathy market?
The increase in obesity-related health issues is expected to drive the growth of the diabetic peripheral neuropathy (DPN) market. Obesity, characterized by excessive body fat accumulation, significantly increases the risk of chronic diseases, including type 2 diabetes. This, in turn, heightens the occurrence of diabetic peripheral neuropathy, a complication where high blood sugar levels cause nerve damage. The…
Major Market Shift in Peripheral Neuropathy Industry: Technological Advancements …
What Is the Forecasted Market Size and Growth Rate for the Peripheral Neuropathy Market?
The size of the peripheral neuropathy market has seen a rapid expansion in recent years, set to increase from $4.09 billion in 2024 to $4.62 billion in 2025, representing a compound annual growth rate (CAGR) of 13.2%. This growth during the historical period is due to a variety of factors including the rising prevalence of chronic illnesses…
Combatting Peripheral Neuropathy: Breakthroughs and Beyond
The Business Research Company recently released a comprehensive report on the Global Peripheral Neuropathy Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
According to The Business Research Company's, the peripheral neuropathy market…
Multifocal Motor Neuropathy Market - Progress in nerve restoration: Driving adva …
Newark, New Castle, USA: The "Multifocal Motor Neuropathy Market" provides a value chain analysis of revenue for the anticipated period from 2023 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors.
Multifocal Motor Neuropathy Market: https://www.growthplusreports.com/report/multifocal-motor-neuropathy-market/8810
This latest report researches the industry structure,…