Who Are The Key Players In The Diabetic Footwear Market ?

Diabetic Footwear Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2021-2027). The research presents a complete assessment of the market and contains Future trends, Current Growth Factors, attentive opinions, facts, historical data, and statistically supported and industry-validated market data. The report conducted a professional and in-depth analysis of the current situation of the Diabetic Footwear market, including major players such as manufacturers, suppliers, distributors, traders, customers, and investors. The report also helps you understand the dynamic structure of the Diabetic Footwear market by identifying and analyzing market segments.

“Before Buying Check Our Discount For Your Better Business”

Great savings for you 2000$ Класс GIFs - Get the best gif on GIFERDiscount On Report: https://www.coherentmarketinsights.com/promo/buynow/399

 

Diabetes is a chronic disease caused by lack or lower levels of insulin in the body. A person suffering from diabetes may develop sores, abscesses, ulcers, or loss of sensation in parts of the body, predominantly in feet. The exceptional design of diabetic footwear aids in protecting the patient’s feet from injuries. According to World Health Organization (WHO), in 1980, the number of diabetic patients was108 Mn, which in reached 422 Mn in 2014. Primary reason behind this growth in number is the busy lifestyle of urban society along with increased intake of sugar and other artificial sweeteners.

Global diabetic footwear market is largely driven by the rising cases of diabetes, increased spending on diabetes treatment, and growing geriatric population, characterized by high incidence of diabetes.

Men were the biggest end users of diabetic footwear globally in 2016. According to a report by National Health Service, males are more prone to diabetes and need to gain far less weight than females to develop the disease. However, women are expected to be the fastest growing end users of diabetic footwear during the forecast period. Diabetic footwear products include sandals, shoes, and slippers. Availability of diabetic footwear in different models gained them wide acceptance among the public for use in any occasion.

Large geriatric population in North America and Europe accounted for a rise in number of diabetic cases in these regions. According to Population Reference Bureau, Statistics Canada and EU, geriatric population reported in North America was 51 million and 94 million in Europe. The aforementioned factor is expected to propel the market growth in North America over the forecast period.

The global diabetic footwear market was valued at US$ 5,331.8 Mn in 2016 and is expected to expand at a CAGR of 7.86%, in terms of revenue, during 2017 – 2025.

Asia Pacific and North America accounted for major shares in the global diabetic footwear market, both in terms of revenue and volume, in 2016 and are expected to dominate over the forecast period. However, lack of awareness among people in rural areas of emerging economies and premium pricing is a major restraint for the market growth, especially in Asia Pacific.

Major Players in the Global Diabetic Footwear Market

Some of the major players in the global diabetic footwear market include Podartis S.r.l., Aetrex Worldwide Inc., Orthofeet Inc., Etonic Shoes, Drew Shoe, Dr. Comfort, DARCO International, Duna S.r.l, and Hong Kong Grace Shoes, among others.

Request Free Sample Report

[Note: *The PDF Brochure Includes

1) Table of Content (ToC),
2) Research Framework of the actual report, and
3) Research Methodology adopted for it.]

Important Information that can be extracted from the Report:

♦ Assessment of the COVID-19 impact on the growth of the Diabetic Footwear Market

♦ Successful market entry strategies formulated by emerging market players

♦ Pricing and marketing strategies adopted by established market players

♦ Country-wise assessment of the Diabetic Footwear Market in key regions

♦ Year-on-Year growth of each market segment over the forecast period 2027

Thousands Of Companies Use Our Reports To Understand Their Markets

Go Through Our Trusted Clients List: https://www.coherentmarketinsights.com/trusted-by

In Addition, The Years Considered For The Study Are As Follows:

Historical year – 2014 to 2018
Base year – 2019
Forecast period – 2020 to 2026

Get Others Reports:

Protein Ingredients Market

Processed Food Market

nirav

About Us: Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformation growth by helping them make critical business decisions. We are headquartered in India, having office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies, to not-for-profit organization, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.

Related Articles

Back to top button