The diabetic neuropathy market reached a value of USD 3.0 Billion across the top 7 markets (US, EU4, UK, and Japan) in 2024. Looking forward, IMARC Group expects the top 7 major markets to reach USD 5.2 Billion by 2035, exhibiting a growth rate (CAGR) of 4.88% during 2025-2035.
Report Attribute
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Key Statistics
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---|---|
Base Year | 2024 |
Forecast Years | 2025-2035 |
Historical Years |
2019-2024
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Market Size in 2024
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USD 3.0 Billion |
Market Forecast in 2035
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USD 5.2 Billion |
Market Growth Rate 2025-2035
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4.88% |
The diabetic neuropathy market has been comprehensively analyzed in IMARC's new report titled "Diabetic Neuropathy Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2025-2035". Diabetic neuropathy is a serious and common complication of both type 1 and type 2 diabetes, resulting from prolonged exposure to high blood glucose levels, which gradually damages the nerves throughout the body. It most frequently affects peripheral nerves, especially in the lower limbs, and may result in pain, numbness, muscle weakness, and impaired coordination. The condition can manifest in various forms, such as peripheral, autonomic, proximal, and focal neuropathies, each presenting with different symptoms and levels of severity. As the disease progresses, individuals may experience debilitating discomfort, increased risk of falls, foot ulcers, and even lower-limb amputations in extreme cases. Diagnosis typically includes a combination of clinical assessment, physical and neurological examinations, and confirmatory tests like nerve conduction studies, quantitative sensory testing, or electromyography. Effective diagnosis and classification are critical to guiding appropriate therapeutic interventions and improving patient outcomes. Early detection and proactive management are essential to mitigating disease progression.
The growing global prevalence of diabetes, driven by sedentary lifestyles, rising obesity rates, and unhealthy dietary habits, is a key factor fueling the diabetic neuropathy market. As individuals live longer with diabetes, the risk of developing chronic complications like neuropathy increases substantially. Uncontrolled or poorly managed blood glucose levels remain a primary contributor to nerve damage, leading to the development of painful and disabling symptoms. Rising awareness among both patients and healthcare professionals about the importance of early diagnosis and comprehensive disease management has led to a higher detection rate of diabetic neuropathy. In addition, the increased prescription of effective pharmacological therapies such as pregabalin, duloxetine, and gabapentin, which help relieve neuropathic pain and improve quality of life, is further augmenting market growth. Technological advancements in diagnostic tools and the integration of wearable devices for continuous glucose and symptom monitoring are also driving innovation. Furthermore, supportive government initiatives and reimbursement frameworks aimed at improving access to chronic care solutions continue to provide impetus to the market’s expansion across developed and emerging regions.
IMARC Group's new report provides an exhaustive analysis of the diabetic neuropathy market in the United States, EU4 (Germany, Spain, Italy, and France), United Kingdom, and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report, the United States has the largest patient pool for diabetic neuropathy and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario, unmet medical needs, etc., have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the diabetic neuropathy market in any manner.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current Diabetic Neuropathy marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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Lyrica (Pregabalin) | Viatris Inc. |
Cymbalta (Duloxetine) | Lilly |
Nucynta ER (Tapentadol) | Collegium Pharmaceutical, Inc. |
Qutenza (Capsaicin) | Averitas Pharma, Inc. |
WAL0921 | Walden Biosciences |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Market Insights
Epidemiology Insights
Current Treatment Scenario, Marketed Drugs, and Emerging Therapies