Global Diabetic Neuropathy Management Devices Market Size & Outlook
The global diabetic neuropathy management devices market size was estimated at USD 2,618.5 million in 2023 and is projected to reach USD 3,859.8 million by 2030, growing at a CAGR of 5.7% from 2024 to 2030.
Revenue, 2023 (US$M)
$2,618.5
Forecast, 2030 (US$M)
$3,859.8
CAGR, 2024 - 2030
5.7%
Report Coverage
Worldwide
Global diabetic neuropathy management devices market, 2018-2030 (US$M)
Related Markets
Global diabetic neuropathy management devices market highlights
- The global diabetic neuropathy management devices market generated a revenue of USD 2,618.5 million in 2023 and is expected to reach USD 3,859.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.7% by 2030.
- In terms of segment, neuro stimulation devices accounted for a revenue of USD 1,253.6 million in 2023.
- Electrical Stimulation Devices is the most lucrative devices segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 2,618.5 million |
| Market revenue in 2030 | USD 3,859.8 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Neuro stimulation devices |
| Fastest growing segment | Electrical Stimulation Devices |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Electrical Stimulation Devices, Neuro Stimulation Devices, Nerve Conduction Testing Devices, Other Devices |
Other key industry trends
- In terms of revenue, the North America accounted for 45.3% of the global diabetic neuropathy management devices market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 26.2 million by 2030.
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Diabetic Neuropathy Management Devices Market Scope
Diabetic neuropathy management devices market segmentation & scope
Diabetic Neuropathy Management Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| NeuroPace Inc | View profile | 181 | 455 N. Bernardo Avenue, Mountain View, CA, United States, 94043 | https://www.neuropace.com |
| Nevro Corp | View profile | 1215 | 1800 Bridge Parkway, Redwood City, CA, United States, 94065 | https://www.nevro.com |
| NeuroMetrix Inc | View profile | 26 | 4B Gill Street, Woburn, MA, United States, 01801 | https://www.neurometrix.com |
| Boston Scientific Corp | View profile | 48000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | https://www.bostonscientific.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
Global diabetic neuropathy management devices market size, by regions, 2018-2030 (US$M)
Top 10 countries: Diabetic neuropathy management devices market size, 2023 (US$M)
Global diabetic neuropathy management devices market share, by devices, 2023 & 2030 (%, US$M)
Diabetic neuropathy management devices market: Opportunity assessment by country
Global diabetic neuropathy management devices market, by region, 2023 (US$M)
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