Global Diabetic Neuropathy Market Insights
Global Diabetic Neuropathy Market Size was valued at US$ XX billion in 2021, and it is expected to reach a value of US$ XX billion by 2028, at a CAGR of XX% over the forecast period (2022 - 2028).
A condition that damages the nerves and is connected to hyperglycemia is diabetic neuropathy. Although diabetic neuropathies' symptoms could not be detected early on, people who have had diabetes for a long period are more likely to experience nerve damage across their bodies. Since diabetic neuropathy cannot be cured, it can be controlled or avoided with the help of a variety of therapeutic approaches. Because of the disease's complexity, regulating agencies are required to authorize additional products and therapy methods that are related to it. Numerous expansion prospects will arise for the businesses operating in this market as a result of the high occurrence of diabetic neuropathy, which affects mainly diabetic individuals.
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Global Diabetic Neuropathy Market Segmental Analysis
The Global Diabetic Neuropathy Market segmentation is based on Disorder, Distribution Channel, and Region. Based on disorder the market is segmented into peripheral neuropathy, autonomic neuropathy, proximal neuropathy, and focal neuropathy. Based on distribution channels the market is segmented into hospitals, clinics, retail pharmacies, and online pharmacies. Based on region the global Diabetic Neuropathy market is segmented into North America, Europe, Asia-Pacific, Latin America, and MEA.
- By Disorder:Peripheral Neuropathy, Autonomic Neuropathy, Proximal Neuropathy, Focal Neuropathy
- By Distribution channel:Hospitals, Clinics, Retail Pharmacy, Online Pharmacy
Top Players Company Profiles
- Johnson & Johnson (US)
- Boehringer Ingelheim GmbH (Germany)
- NeuroMetrix, Inc (US)
- Eli Lilly and Company (US)
- GlaxoSmithKline plc (UK)
- Lupin Limited (India)
- Pfizer Inc (US)
- Astellas Pharma Inc (Japan)
- Glenmark Pharmaceuticals Ltd (India)
- Arbor Pharmaceuticals, LLC (US)
- Depomed, Inc (US)
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Recent Development
- In January 2022, FDA approved Spinal cord stimulation therapy, according to Medtronic, for the treatment of persistent pain brought on by diabetic peripheral neuropathy.
- In December 2021, in order to develop "Ask your Doctor," the pharma business P&G Health, with its headquarters in India, collaborated with the English-language local newspaper Hindustan Times. The purpose of this online event is to inform the public about diabetic neuropathy and how to treat it.
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