Global diabetic shoes market is expected to reach an estimated value of USD 13.66 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026. Rising expenses on diabetic treatment is the major factor fuelling the market growth.
Data Bridge Market research presents the all-inclusive data Diabetic Shoes report with market overview and describes the steady growth of the market and highly changing trends of the market. Important factors affecting the market are also mentioned in this research report. It mainly concentrates on the newly entrants associated with the market, industry characteristic, influencing aspects of the market.
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Top Competitors Mentioned in the Diabetic Shoes Market Research Report: Aetrex Worldwide, Inc, DJO Global, Drew Shoe Corporation, Finn Comfort, I-Runner, OrthoFeet, Pilgrim Shoes, Podartis Srl, Propét USA, Inc., Etonic, Apexfoot.com, Advanced Diabetic Solutions, DARCO International, THUASNE SA, SIGVARIS, Hanger Clinic, Anodyne, LLC, Pedors247, Apis Footwear Company, The Foot Comfort Center, Oasis Footwear,LLC., Reed Medical Ltd, PLS Pedorthic Lab Specialties, Inc and others.
Diabetic shoes or extra depth or therapeutic shoes or sugar shoes which is specially designed to reduce the risk of skin breakdown in diabetics. It is also used to solve the problem related to the improper blood circulations in lower limbs. The main of these shoes to avoid foot injuries so that they can prevent problems like ulcers, strains and risk related to amputations. Rising cases of diabetes among population is the major factor fuelling the growth of this market.
- Increasing cases of diabetes worldwide is driving the market growth
- Rising aging population is another factor driving the growth of this market
- Increasing number of women diabetic patient worldwide will also propel the market growth
- Growing improvement in online retail penetration will also contribute as a factor for the market growth
- High price of the diabetic shoes is restraining the market growth
- Lack of awareness among population about the diabetic shoe is another important factor restraining the market growth.
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Segmentation: Global Diabetic Shoes Market
By Distribution Channel
- Off-Line Distribution Channel
- Shoe Stores
- Departmental Store
- Medical Speciality
- On-line Distribution Channel
By End- User
By Patient Type
Global Diabetic Shoes Market: Regional Segmentation
For further clarification, analysts have also segmented the market on the basis of geography. This type of segmentation allows the readers to understand the volatile political scenario in varying geographies and their impact on the global Diabetic Shoesmarket. On the basis of geography, the global market has been segmented into:
- The Middle East and Africa (GCC Countries and Egypt)
- North America (the United States, Mexico, and Canada)
- South America (Brazil etc.)
- Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
Key Developments in the Market:
- In March 2018, Siren announced the launch of their siren diabetic sock and foot monitoring system which is made of neurofabric materials. It is specially designed to detect early symptoms of inflammation and diabetic foot ulcers. These socks are washable and dryer- friendly
- In November 2017, Frazier Healthcare announced that they are going to acquire MDI Corporation. This will help the company to expand their diabetic shoe program and also in treating the disease related to lower extremities
Premium Insights of the report
- This Diabetic Shoes report provides information related to production, Market growth, competitive landscape and market trends
- Each player profiled in the Research report is studied on the basis of the SWOT analysis, their products, value, capacity and other vital factors
- The report provides accurate data and insights related to the global market which include CAGR, value, volume and revenue
- The statistical information provided in the report serves as a powerful tool to get a clear and quick understanding of the Diabetic Shoes market progress in the past few and coming years.
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This Diabetic Shoes research report gives the outcome that matters most to the client. The research carried out in this report suggests what is going to be beneficial and how the report will help the business to grow.
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