The global diabetic neuropathy market will reach $ 8460.3 million by 2025.The
global diabetic neuropathy market is valued at approximately US $ 4680 million in 2016, projected to grow with a favorable growth rate of more than 6.80% over the forecast period for 2017. -2025 The growth of this market is largely attributed to a growing population of elderly people with diabetes mellitus.The increase in appropriate treatment options and increasing awareness about PDN are driving the demand for PDN drugs today. With only four drugs approved for the management of PDN (Lyrica, Cymbalta, Nucynta and Qutenza), there is a great opportunity for new and emerging market players to produce them. Based on an analysis of the marketed products, Lyrica had the highest market share in 2017 and will remain similar trends until 2026.
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The industry appears to be fairly competitive. Some of the leading market players are Pfizer, Inc, Johnson & Johnson, Boehringer Ingelheim GmbH., NeuroMetrix, Inc., Eli Lilly and Company, Astellas Pharma Inc, GlaxoSmithKline plc., Lupine Limited, Depomed, Inc., Glenmark Pharmaceuticals. Ltd., Arbor Pharmaceuticals, LLC, and others.Effective acquisitions and mergers are some of the strategies adopted by the major manufacturers. The constant release of new products and technological innovations are key strategies adopted by the big players.
By type of abnormality:
neuropathy o Autonomic
o Neuropathy o Focal Neuropathy o Focal Neuropathy
Market by region analysis
North America (USA, Canada, Mexico), Europe (UK, France, Germany, Russia, other European countries) Asia Pacific (China, South Korea, India, Japan, rest in Asia Pacific) LAMEA, Latin America, Middle East, Africa