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COVID-19 Impact Review: What to Expect from Diabetic Footwear Industry in 2020? | Know the Challenges and Trend Analysis

05-20-2020 02:42 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: AllTheResearch

The Global Diabetic Footwear Market was valued at US$ XX Bn in 2018 and expected to reach 9.23 Bn by 2026, and is expected to grow with a significant CAGR by 2026.
The ripple effect of Coronavirus-COVID19 on the Diabetic Footwear Market needs to become part of strategy discussions to emerge strong. The Analyst team is meticulously tracking the impact and relevance to all the sectors in the Diabetic Footwear Market. Key data sets include Revenue Impact analysis, Disruptions and New opportunities in the Supply Chain, Revised Vendor Landscape Mix, New opportunities mapping, and more.

Diabetic footwear refers to the specifically designed footwear that provides protection to the feet of diabetic patients and reduces the risk of skin breakdown that can be caused by neuropathy, poor blood circulation, and foot deformities.

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This report on diabetic footwear covers an in-depth analysis of the market including statistical and subjective data points, along with the key market drivers and opportunities & restraints that have positive or negative effects on the overall global market. Exclusive coverage has been provided for market drivers and challenges & opportunities for a country-level market in the respective regional segments. The report comprises a competitive analysis of the key players functioning in the market and covers in-depth data related to the competitive landscape of the market and the recent strategies & products that will assist or affect the market in the coming years.

AllTheResearch offers a most recent distributed report on Global Diabetic Footwear industry examination and figure 2019-2025 conveying key bits of knowledge and giving an upper hand to customers through a point by point report. The report contains XX pages which profoundly displays on current market investigation situation, up and coming just as future chances, income development, evaluating and gainfulness.

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The women end-user segment dominated the market in 2018 and is expected to display a similar trend in the coming years
In terms of different end-users, the women segment dominated the market in 2018. The rising number of diabetic women has resulted in an increase in demand for diabetic footwear over the years. In addition to this, growing awareness about proper foot care and rapid penetration of online are some of the major factors that are boosting the demand for diabetic footwear.

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Regional Analysis:
North America
Europe
Asia Pacific
LATAM
Middle East Africa

Asia Pacific dominated the market in 2018 and is expected to display a similar trend in the coming years
Asia Pacific dominated the market in 2018 and is expected to display a similar trend in the coming years. The region is also expected to witness the fastest growth during the forecast period. The increasing number of type 2 diabetic patients over the years is a major factor to boost the overall marker growth of diabetic footwear. Moreover, the rising number of geriatric patients is also a major factor that is resulting in a rise in demand for diabetic footwear over the years.
North America accounted for a significant market share in 2018, owing to the rising awareness among diabetic patients regarding the benefits of diabetic footwear. Moreover, substantial investments undertaken in health and wellness by governments are also a major factor in boosting the overall market growth in the North America region

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AllTheResearch
Contact Person: Rohit B.
Tel: 1-888-691-6870
Email: contactus@alltheresearch.com
Website: https://www.alltheresearch.com

About Us:
AllTheResearch was formed with the aim of making market research a significant tool for managing breakthroughs in the industry. As a leading market research provider, the firm empowers its global clients with business-critical research solutions. The outcome of our study of numerous companies that rely on market research and consulting data for their decision-making made us realise, that its not just sheer data-points, but the right analysis that creates a difference.

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