1. Diabetic Neuropathy Treatment Market 2020-2025
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2025
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd
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Diabetic Neuropathy Treatment Market 2020-2025
Diabetic Neuropathy Treatment Market Highlights
According to MRFR analysis, the global diabetic neuropathy treatment market
is expected to register a CAGR of 5.1% during the forecast period of 2019 to
2025 and was valued at USD 5.80 Billion by 2025.
Diabetic neuropathy is one of the most common complications of diabetes.
Patients suffering from diabetic neuropathy often report burning pain in foot.
The rising prevalence of diabetic neuropathy can be seen worldwide. Around
83% people in the US are suffering from diabetic neuropathy. According to
Japanese study around 298 people were diagnosed with diabetic neuropathy
in 2017. The growth of the global diabetic neuropathy treatment market is
driven by various factors such as an increasing global geriatric population,
rising prevalence of diabetes, and poor fitness levels. However, high costs of
surgery are expected to curb the growth of the global diabetic neuropathy
treatment market.
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Diabetic Neuropathy Treatment Market 2020-2025
The market has been divided, by region, into the Americas, Europe, Asia-
Pacific, and the Middle East & Africa. The Americas is expected to be the
largest market owing to the increasing prevalence of diabetic neuropathy
and rising per capita healthcare expenditure. The diabetic neuropathy
treatment market in the Americas has further been branched into North
America and Latin America, with the North American market divided into
the US and Canada. The European diabetic neuropathy treatment market
has been categorized as Western Europe and Eastern Europe. The Western
European market has further been classified as Germany, France, the UK,
Italy, Spain, and the rest of Western Europe. The diabetic neuropathy
treatment market in Asia-Pacific has been segmented into Japan, China,
India, South Korea, Australia, and the rest of Asia-Pacific.
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Diabetic Neuropathy Treatment Market Regional Analysis
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Diabetic Neuropathy Treatment Market 2020-2025
The global diabetic neuropathy treatment market has been segmented based
on disorder, treatment, and end user.
The market, based on disorder, has been divided into peripheral neuropathy,
autonomic neuropathy, proximal neuropathy, and focal neuropathy. The
peripheral neuropathy segment is likely to be the largest during the review
period due to a growing aging population and increasing prevalence of
peripheral neuropathy globally. Around 1.3 million Americans are diagnosed
with peripheral neuropathy every year. The autonomic neuropathy segment
is predicted to be the fastest-growing due to the rising prevalence of the
disorder in the elderly population.
The global diabetic neuropathy treatment market has been segmented, on
the basis of treatment, into drugs, transcutaneous electrical nerve
stimulation (TENS), and others. The drugs segment is expected to hold the
majority share of the market. The drugs help increase muscle strength and
quicken the recovery process.
Diabetic Neuropathy Treatment Market Segmental Analysis