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Diabetic Footwear Market to Witness High Demand with Growth Rate of 8.7%

02-06-2020 09:44 AM CET | Health & Medicine

Press release from: Allied Market Research

Diabetic Footwear Market

Diabetic Footwear Market

"The highest prevalence of diabetes is found in older people. Increase in life expectancy, improved healthcare facilities, and low birth ratio contribute to the rise in aging population. Furthermore, sedentary lifestyle and unhealthy eating habits result in increased cases of obesity worldwide. All this results in an increased demand for diabetic footwear, which is subjected to grow further in the future ."

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.

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/2289

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
o Others

By End User
o Men
o Shoe
o Sandal
o Slipper
o Women
o Shoe
o Sandal
o Slipper

By Type
o Shoe
o Sandal
o Slipper

By Region
o North America
o Europe
o Asia-Pacific
o LAMEA

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.).

Read More: https://www.alliedmarketresearch.com/diabetic-footwear-market

Source: http://www.globenewswire.com/news-release/2019/08/01/1895647/0/en/Global-Diabetic-Footwear-Market-to-Reach-9-90-Billion-in-2025-at-8-7-CAGR-AMR.html

Similar Article: https://bootbomb.com/smart-diabetic-footwear-socks/

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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