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Global Diabetic Neuropathy Market: By Type: Peripheral Neuropathy, Autonomic Neuropathy, Proximal Neuropathy, Focal Neuropathy; By Treatment Methods: Antidepressants, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments
Global Diabetic Neuropathy Market Outlook
The global diabetic neuropathy market attained a value of USD 4.37 billion in 2020. The market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 8.12% to reach USD 6.98 billion by 2026.
Availability of Advanced Treatment in North America to Aid the Diabetic Neuropathy Industry Growth
Geographically, North America accounts for a significant market share in the diabetic neuropathy industry. The rising prevalence of diabetes and the growing complications among patients, owing to the increased consumption of processed food and sugary beverages in the region, are driving the demand for diabetic neuropathy treatment.
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The availability of advanced healthcare facilities and treatment options and the increasing innovations in drugs are the major factors contributing to the growth of the market in the region. In addition, the increasing health awareness among the population and the favourable reimbursement policies in the region are further propelling the diabetic neuropathy industry growth in North America.
Diabetic Neuropathy: Market Segmentation
Diabetic neuropathy is nerve damage caused due to diabetes. Diabetic neuropathy damages the nerves throughout the body parts. Symptoms of diabetic neuropathy are numbness, pain, problems in the digestive system, blood vessels, urinary tract, and heart.
By type, the market can be divided into:
- Peripheral Neuropathy
- Autonomic Neuropathy
- Proximal Neuropathy
- Focal Neuropathy
The market can be broadly categorised on the basis of treatment methods into:
- Antidepressants
- Anti-seizure Medications
- Anticonvulsants
- Electrical Nerve Stimulation
- Topical Medications
- Others
Among these, the antidepressants segment can be further divided based on type into Duloxetine (Cymbalta), Nortriptyline (Pamelor, Aventyl), and Desipramine (Norpramin).
The EMR report looks into the regional markets of diabetic neuropathy like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Growing Research and Development Activities to Drive the Global Diabetic Neuropathy Industry Growth
The increasing geriatric population, coupled with the increasing consumption of sugar, is leading to a rise in cases of diabetes. An increase in the number of diabetic patients globally is leading to a rise in demand for diabetic neuropathy treatment. In addition, the increasing government expenditure to improve healthcare facilities is further contributing to the market growth. In the forecast period, the rapid advancements in technology and the increasing investments by the key market players are expected to drive the growth of the diabetic neuropathy industry. The increase in research and development activities to launch new drugs that can help cure diabetes is anticipated to create significant opportunities for the market expansion in the coming years.
Key Industry Players in the Global Diabetic Neuropathy Market
The report presents a detailed analysis of the following key players in the global diabetic neuropathy market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- NeuroMetrix, Inc
- Allergan PLC
- Pfizer, Inc
- Eli Lilly and Company
- Novartis AG
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Treatment Methods, Region |
| Breakup by Type | Peripheral Neuropathy, Autonomic Neuropathy, Proximal Neuropathy, Focal Neuropathy |
| Breakup by Treatment Methods | Antidepressants, Anti-seizure Medications, Anticonvulsants, Electrical Nerve Stimulation, Topical Medications, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | NeuroMetrix, Inc, Allergan PLC, Pfizer, Inc, Eli Lilly and Company, Novartis AG, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Diabetic Neuropathy Market Analysis
8.1 Key Industry Highlights
8.2 Global Diabetic Neuropathy Historical Market (2018-2022)
8.3 Global Diabetic Neuropathy Market Forecast (2023-2028)
8.4 Global Diabetic Neuropathy Market by Type
8.4.1 Peripheral Neuropathy
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Autonomic Neuropathy
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Proximal Neuropathy
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Focal Neuropathy
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.5 Global Diabetic Neuropathy Market by Treatment Methods
8.5.1 Antidepressants
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.1.4 Breakup by Type
8.5.1.4.1 Duloxetine (Cymbalta)
8.5.1.4.2 Nortriptyline (Pamelor, Aventyl)
8.5.1.4.3 Desipramine (Norpramin)
8.5.2 Anti-seizure Medications
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Anticonvulsants
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Electrical Nerve Stimulation
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Topical Medications
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Others
8.6 Global Diabetic Neuropathy Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Diabetic Neuropathy Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Diabetic Neuropathy Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Diabetic Neuropathy Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Diabetic Neuropathy Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Diabetic Neuropathy Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 NeuroMetrix, Inc
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Allergan PLC
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Pfizer, Inc
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Eli Lilly and Company
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Novartis AG
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Diabetic Neuropathy Market: Key Industry Highlights, 2018 and 2028
2. Global Diabetic Neuropathy Historical Market: Breakup by Type (USD Billion), 2018-2022
3. Global Diabetic Neuropathy Market Forecast: Breakup by Type (USD Billion), 2023-2028
4. Global Diabetic Neuropathy Historical Market: Breakup by Treatment Methods (USD Billion), 2018-2022
5. Global Diabetic Neuropathy Market Forecast: Breakup by Treatment Methods (USD Billion), 2023-2028
6. Global Diabetic Neuropathy Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Diabetic Neuropathy Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America Diabetic Neuropathy Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Diabetic Neuropathy Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Diabetic Neuropathy Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Diabetic Neuropathy Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Diabetic Neuropathy Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Diabetic Neuropathy Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Diabetic Neuropathy Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Diabetic Neuropathy Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Diabetic Neuropathy Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Diabetic Neuropathy Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Global Diabetic Neuropathy Market Structure
Key Questions Answered in the Report
In 2020, the global diabetic neuropathy market attained a value of nearly USD 4.37 billion.
The market is projected to grow at a CAGR of 8.12% between 2023 and 2028.
The major drivers of the industry, such as the rising disposable incomes, increasing health awareness, advancement in technology, increasing demand for natural dietary supplements, increasing geriatric population, increase in research and development activities, and growing innovations are driving the market growth.
The key market trends guiding the growth of the industry include the the increasing consumption of sugar and rise in cases of diabetes.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The types of diabetic neuropathy in the industry are peripheral neuropathy, autonomic neuropathy, proximal neuropathy, and focal neuropathy.
The major treatment methods in the market are antidepressants, anti-seizure medications, anticonvulsants, electrical nerve stimulation, and topical medications, among others. Among these, the antidepressants segment can be further divided based on type into duloxetine (cymbalta), nortriptyline (pamelor, aventyl), and desipramine (norpramin).
The major players in the industry are NeuroMetrix, Inc, Allergan PLC, Pfizer, Inc, Eli Lilly and Company, and Novartis AG, among others.
Analyst Review
The global diabetic neuropathy market attained a value of USD 4.37 billion in 2020, driven by the growing geriatric population. Aided by the growing technological advancements and rise in cases of diabetes, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 8.12%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the diabetic neuropathy industry can be segmented into peripheral neuropathy, autonomic neuropathy, proximal neuropathy, and focal neuropathy. On the basis of treatment methods, the market is segmented into antidepressants, anti-seizure medications, anticonvulsants, electrical nerve stimulation, and topical medications, among others. Among these, the antidepressants segment can be further divided based on type into duloxetine (cymbalta), nortriptyline (pamelor, aventyl), and desipramine (norpramin). The major regional markets for diabetic neuropathy are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include NeuroMetrix, Inc, Allergan PLC, Pfizer, Inc, Eli Lilly and Company, and Novartis AG, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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