Diabetic Neuropathy Market By Disorder By Treatment By Distribution By Region Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast 2018 To 2026
The analysts of Healthcare Intelligence Markets have thoroughly examined the Global Diabetic Neuropathy Market and have anticipated that the market will grow at a CAGR of +5% during the forecast period.
Diabetic neuropathy is a nerve detrimental disorder associated with diabetes mellitus. Patients travailing from diabetes since a long time are inclined to nerve damages throughout the body, as the symptoms of diabetic neuropathies cannot be identified at an earlier stage. Although there is no cure for diabetic neuropathy, it can be curbed or prohibited using various treatment modalities.
The rising prevalence of some nerve disorders caused by diabetes along with the glucose control and lifestyle modification are some of the major key drivers that are driving the growth of the diabetic neuropathy market.
The Diabetic Neuropathy Market provides its segmentations by disorder such as peripheral neuropathy, autonomic neuropathy, proximal neuropathy and focal neuropathy. Along with this, it also provides an in-depth analysis of the prominent factors that influence the market which includes drivers, opportunities, trends and industry-specific challenges.
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Some of the players operating in the diabetic neuropathy market are Abbott Laboratories, F. Hoffmann-La Roche Ltd., Eli Lilly and Company, Johnson & Johnson, GlaxoSmithKline plc. Lupin Limited, Glenmark Pharmaceuticals Limited, Depomed, Inc., Astellas Pharma Inc., Pfizer Inc., NeuroMetrix, Inc, among the others.
NeuroMetrix, Inc, has its fast and accurate DPNCheck, which is a quantitative nerve conduction test that is used to evaluate systematic neuropathies such as diabetic peripheral neuropathy (DPN). It is designed to be used by clinicians at the point-of-care to objectively detect, stage and monitor DPN. This innovative device measures nerve conduction velocity and response amplitude of the sural nerve.
The new drugs that are invented to treat neuropathy pain has got tremendous optimistic and effective response. This is one of the major factors that is driving the growth of the market. However, there are some major side effects, associated with the drugs, which are now proven to be the reason of the hindering of the market. But, due to the growing awareness about diabetic neuropathy, increased healthcare spending and upsurge in pharmaceutical R&D spending are the factors that will be responsible for the development of the market in the near future.
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• By Disorder
o Peripheral Neuropathy
o Autonomic Neuropathy
o Proximal Neuropathy
o Focal Neuropathy
• By Treatment
o Anticonvulsant Drugs
• By Distribution
o Retail Pharmacy
o Online Pharmacy
• By Region
o North America
o Asia Pacific
o Latin America
o Middle East & Africa