Global diabetic nephropathy treatment market has been witnessing a constant rise in its size due to the increasing number of cases registered worldwide. Diabetic neuropathy is the second-highest reason leading to global disability, and it is estimated that around 30% to 40% of people across the globe live with the condition. Diabetic neuropathy is common in the developed as well as developing regions due to the numbers of diabetic patients exploding at an alarming rate year by year. Global diabetic nephropathy treatment market has been witnessing a constant rise in its size due to the increasing number of cases registered worldwide. Diabetic neuropathy is the second-highest reason leading to global disability, and it is estimated that around 30% to 40% of people across the globe live with the condition. Diabetic neuropathy is common in the developed as well as developing regions due to the numbers of diabetic patients exploding at an alarming rate year by year. Global Diabetic Neuropathy Treatment Market is expected to cross USD 7,719.92 million by 2030 at a CAGR of 5.80%.

Diabetic Neuropathy Treatment Market is one of the most common causes of neuropathy, a disease which damages the nerves. It is commonly seen in diabetics, with a large section of patient suffering from loss of sensation and weakness. The global diabetic neuropathy treatment market report by Market Research Future (MRFR) has been analyzed by respected research analysts and compiled with the collaboration of industry experts and subject matter experts.

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Competition Outlook

Hoffmann-La Roche Ltd, Astellas Pharma Inc, Abbott Laboratories, MEDA Pharma GmBH & Co. KG, Glenmark Pharmaceuticals Limited, Pfizer Inc, GlaxoSmithKline Plc, Johnson & Johnson, Lupin Limited, Eli Lilly and Company, Depomed, Inc., and others are noteworthy participants of the global diabetic neuropathy treatment market. Collaborations and new product launches are strategies to be watched for during the forecast period.

Industry News

Local centers are using drug-free methods to treat patients in order to alleviate the pain on taxpayers. The American College of Physicians has recommended therapies such as spinal manipulation, photobiomodulation, and multidisciplinary rehabilitation for the treatment of nerves damaged due to the disease.

Segmentation

The global diabetic neuropathy treatment market is segmented by disorder, treatment, and end-user.

By disorder, it is segmented into peripheral, autonomic, proximal, and focal. The peripheral segment had the largest market share due to the chances of the disorder affecting women more than men.

By treatment, it is segmented into drugs, transcutaneous electrical nerve stimulation (TENS), and others. Drugs are touted to be the fastest growing segment of the market during the forecast timespan. This can be attributed to the large approval of drugs by regulatory agencies for the treatment of diabetic neuropathy. On the other hand, the TENS segment can experience rapid growth due to being the preferred mode for treatment by adults with the disorder.

By end-user, it is segmented into online pharmacy, retail pharmacy, hospitals & clinics, and others. Hospitals and clinics are expected to retain their position till 2025 due to the establishments being the primary unit for treatment. Awareness of the disorder combined with availability of treatment and medicines available at these centers can drive the segment growth.

Regional Analysis

The global diabetic neuropathy treatment market is segmented by disorder, treatment, and end-user.

By disorder, it is segmented into peripheral, autonomic, proximal, and focal. The peripheral segment had the largest market share due to the chances of the disorder affecting women more than men.

By treatment, it is segmented into drugs, transcutaneous electrical nerve stimulation (TENS), and others. Drugs are touted to be the fastest growing segment of the market during the forecast timespan. This can be attributed to the large approval of drugs by regulatory agencies for the treatment of diabetic neuropathy. On the other hand, the TENS segment can experience rapid growth due to being the preferred mode for treatment by adults with the disorder.

By end-user, it is segmented into online pharmacy, retail pharmacy, hospitals & clinics, and others. Hospitals and clinics are expected to retain their position till 2025 due to the establishments being the primary unit for treatment. Awareness of the disorder combined with availability of treatment and medicines available at these centers can drive the segment growth.

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