Global Diabetic Shoes Market Key Insights Based on Product Type, End –use and Regional Demand till 2024

An up-to-date research report 2018 has been disclosed by Market Research Reports Search Engine (MRRSE) highlighting the title “Diabetic Shoes Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024” which provides an outlook for current market value as well as the expected forecast including Rate on Investment (ROI) together with the growing CAGR near 8.1% during 2018-2025. The report studies the Diabetic Shoes Market market worldwide, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, size, growth, revenue, consumption, import and export in these regions.

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Among all the precautions that a diabetic patient must observe, it has been recently found that wearing proper shoes is of equal importance as diabetes disrupts the blood flow in a human body and causes sores and cuts to heal considerably slowly. With the help of physicians and footwear professionals, diabetic patients are now able to avoid several serious foot complications as it helps in relieving the areas of excessive pressure, reducing shock and shear, accommodate and stabilize deformities, and limit the motion of joints. The prevalence of diabetes is undeniable, in fact the number of patients continues to surge annually. Consequently, the global market for diabetic shoes is estimated for a healthy CAGR of 8.1% during the forecast period of 2016 – 2024. According to the report, the opportunities in global diabetic shoes market was valued at US$5.0 bn, which is projected to reach US$9.9bn by 2024.

This report on global diabetic market is a comprehensive study of the current scenario and the figurative estimations presented are based on several factors that are expected to influence the market during the forecast period. The report also profiles some of the key players currently active in the market, including their market share, product portfolio, and recent strategic developments. The report also segments the global diabetic shoes market on the basis of distribution channel, end use, and geography.

Global Diabetic Shoes Market: Opportunities

However, diabetic shoes, although act as a convenience for the patients suffering from diabetes, they however, does not help reduce the same. Diabetic shoes are used to comfort the consumers inducing proper blood circulation compared to a patient wearing a regular shoe. Consumers largely resort to the consumption of medicines for treating diabetes and various other alternatives, which is why a large portion of the diabetic population refrain themselves from purchasing diabetic shoes, which in turn is a major factor hindering the growth of the diabetic shoes market at present. Moreover, the price of diabetic shoes are on the higher end which another reason that is refraining the consumers falling in the low and middle income category from purchasing diabetic shoes. This is another reason for the consumers to stick to medicinal treatment and related treatments instead of diabetic shoes. However, with rising awareness, the impact of this restraint is expected reduce during the forecast period. 

Global Diabetic Shoes Market: Regional Outlook

Moreover, in this report the study provides different countries included in different regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa. North America includes the U.S. and Rest of North America. U.K., Germany, Russia, Italy, France and Rest of Europe included in Europe. China, India, Japan and Rest of Asia Pacific included in Asia Pacific diabetic shoes market. In addition, Middle East includes country such as UAE, Saudi Arabia, Qatar, Kuwait, Oman and Rest of Middle East. Africa includes South Africa and Rest of Africa. Latin America comprise of countries such as Brazil and Rest of Latin America. 

Global Diabetic Shoes Market: Key Players Mentioned in this Report are:

In order to get a better understanding of the global diabetic shoes market, a key trends analysis has been included for all the segments. In addition, the market players in the diabetic shoes market have also been profiled. The leading players in the market include. Aetrex Worldwide, Inc. (New Jersey, US State), PodartisSrl. (Montebelluna, Italy), Etonic Worldwide LLC (New York, U.S), Dr. Comfort, LLC. (Wisconsin, U.S.), Advance Diabetic Solution (Georgia, U.S.A), Apex Foot Health Industries LLC ( New York, U.S.A), Dr Zen Products, Inc. (Florida, U.S.A.), DARCO International, Inc (West Virginia, U.S.A), Orthofeet Inc.( New Jersey, U.S.A.) and Drew Shoe Corporation. (Ohio, U.S.A ) among others.

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Global Diabetic Shoes market can be segmented as follows;-

Global Diabetic shoes Market, by Distribution Channel

Online Stores

Specialty Stores

Shoes Stores

Departmental Stores

Super Market & Hyper Market

Global Diabetic Shoes Market, by End Use

Women

Men

Global Diabetic Shoes Market, by Geography

North America

U.S.

Rest of North America

Europe

U.K.

Germany

France

Italy

Rest of Europe

Asia Pacific

China

Japan

India

Rest of APAC

Middle East

A.E.

Saudi Arabia

Qatar

Kuwait

Oman

Rest of Middle East

Africa

South Africa

Rest of Africa

Latin America

Brazil

Rest of Latin America

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This release was published on openPR.