Diabetic Footwear Market to Witness High Demand with Growth Rate of 8.7%
The global diabetic footwear market is projected to reach $9,904 million by 2025, registering a CAGR of 8.7% from 2018 to 2025.
Diabetic footwear is intended to be used by people diagnosed with foot deformities caused by diabetes. It combines athletic footwear technology and therapeutic detailing, which offers the highest level of comfort and protection for sensitive feet.
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The report segments the diabetic footwear market based on distribution channel, end user, type, and region. Based on distribution channel, the specialty store segment was the major revenue contributor in the diabetic footwear market in 2018. In addition, the online platform segment is expected to witness a gaining market share due to increase in Internet penetration and ease of use. However, the women segment is expected to be the fastest growing end user segment, growing at a significant CAGR during the forecast period.
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Key Benefits for Diabetic Footwear Market:
o The report provides an in-depth analysis of the current trends, drivers, and dynamics of the diabetic footwear market to elucidate the prevailing opportunities and tap the investment pockets.
o It offers qualitative trends and quantitative analysis of the global market from 2018 to 2025 to assist stakeholders to understand the market scenario.
o In-depth analysis of the key segments demonstrates the types of diabetic footwear available.
o Competitive intelligence of the industry highlights the business practices followed by key players across geographies and the prevailing market opportunities.
o Key players and their strategies and developments are profiled to understand the competitive outlook of the market.
Diabetic Footwear Key Market Segments:
By Distribution Channel
o Online Platforms
o Specialty Stores
o Footwear Stores
By End User
o North America
The key players profiled in the report include Podartis Srl (Italy), DJO Global Inc. (U.S.), Aetrex Worldwide, Inc. (U.S.), Dr. Zen Products, Inc. (U.S.), Orthofeet Inc. (U.S.), Propet USA, Inc. (U.S.), I-Runner (U.S.), Pilgrim shoes (U.S.), Finn Comfort (U.S.), and Drew Shoes (U.S.).
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