The Diabetic Peripheral Neuropathy Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size for diabetic peripheral neuropathy has experienced robust growth in the past few years. In terms of numbers, the market size is projected to rise from $3.51 billion in 2024 to $3.84 billion in 2025. The compound annual growth rate (CAGR) during this period is poised to be 9.4%.
The Diabetic Peripheral Neuropathy Global Market is predicted to expand to $5.43 billion by 2029, experiencing a compound annual growth rate (CAGR) of 9.1%.
Download Your Free Sample of the 2025 Diabetic Peripheral Neuropathy Market Report and Uncover Key Trends Now!The key drivers in the diabetic peripheral neuropathy market are:
• Increasing sedentary lifestyles leading to higher incidences of diabetic peripheral neuropathy
• Greater government initiatives and funding towards diabetes research
• Improved diagnostic accuracy aiding early detection and prevention of the condition
• Technological advancements and higher investments in R&D fueling development of better treatment options.
The diabetic peripheral neuropathy market covered in this report is segmented –
1) By Disease: Type 2 Diabetic Peripheral Neuropathy, Type 1 Diabetic Peripheral Neuropathy
2) By Treatment: Pain Management Drugs, Gene Therapies
3) By Therapy: Antidepressants, Anticonvulsants
4) By Patient Population: Adult Patients, Geriatric Patients
Subsegments:
1) By Type 2 Diabetic Peripheral Neuropathy: Sensory Neuropathy, Motor Neuropathy, Autonomic Neuropathy
2) By Type 1 Diabetic Peripheral Neuropathy: Distal Symmetric Neuropathy, Mononeuropathy, Polyradiculopathy
The key trends in the diabetic peripheral neuropathy market are:
• The market is being revolutionized by advancements in diagnostic technologies.
• There are ongoing technological advancements in treatment options.
• Research and development in the field is witnessing higher investments.
• There's a trend towards the development of minimally invasive procedures and a heightened focus on collaborative research and development.
Major players in the diabetic peripheral neuropathy market are:
• Pfizer Inc.
• Merck & Co. Inc.
• GlaxoSmithKline plc.
• Eli Lilly and Company
• Astellas Pharma Inc.
• Biogen Inc.
• Vertex Pharmaceuticals Incorporated
• Sun Pharmaceutical Industries Limited
• Lupin Pharmaceuticals Inc.
• Chemie Grünenthal GmbH
• Alkem Laboratories Limited
• Acorda Therapeutics Inc.
• Mitsubishi Tanabe Pharma Corporation
• NeuroMetrix Inc.
• Regenacy Pharmaceuticals Inc.
• Helixmith Co. Ltd.
• Aptinyx Inc.
• WinSanTor Inc.
• Sonnet BioTherapeutics Holdings Inc.
• OLYS Pharma Inc.
North America was the largest region in the diabetic peripheral neuropathy market in 2024