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Diabetic Footwear Market Trends & Opportunities | Etonic Worldwide LLC, Podartis Srl.
Diabetic Footwear Market
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Diabetic footwear which is also termed as therapeutic shoes is specially designed for diabetic patients to decrease the risk of skin breakdown in diabetics along with the co-existing foot disease.
The global diabetic footwear market is mainly driven by the increasing awareness among diabetic patients about the use of diabetic footwear. Apart from the rising prevalence of diabetes, another factor which is driving the market growth is a rise in spending on diabetes treatment. Moreover, the increasing geriatric population, who often suffer from diabetic conditions, is another major factor that is augmenting the demand. However, new and innovative product designs with greater efficacy are helping manufacturers to gain consumer loyalty which in turn driving the demand for diabetic footwear. Also, the innovative solutions across different categories with multiple benefits are expected to create a huge consumer base.
In addition, new packaging and product availability on various distribution channels at a reasonable cost with healthier formulations is another factor that will contribute towards the market growth over the forecast period. Furthermore, the consumers suffering from diabetes have a high risk of developing foot problems which are influencing the sales volume of diabetic footwear worldwide. In addition, the increasing recommendation by a doctor to use specially designed shoes which can help reduce risk and promote healthy circulation in feet is also backup the market growth of diabetic footwear.
Diabetic Shoes Segment Projected To Dominate the Diabetic Footwear Market over the Anticipated Period
The shoe footwear type of global Diabetic footwear is dominating the market owing to the higher preference of shoes by both men and women. Moreover, shoes are also more preferable to office going population since formal attire includes shoe. Also, the features such as added protection, option to wear shoes on virtually any occasion or place have also increased the demand for these shoes, which in turn boosts the growth of shoe segment in the global market. The other beneficial factor such as providing maximum comfort for diabetic patients as compared to sandals and slippers is increasing the sales volume. Furthermore, the availability of various types of diabetic care devices in the market is also supporting the increasing sales of diabetic shoes. In addition, the key players in diabetic shoes are progressively focusing on the improvement of the online shopping experience through various strategies such as targeted marketing and effective online awareness to encourage diabetic patients to purchase diabetic footwear through online platforms.
Asia Pacific Projected As the Most Dominant Region in the Global Diabetic Footwear Market
Asia-Pacific region is likely to witness lion market share over the forecast period owing to increased spending on diabetic treatment including diabetic footwear by the consumer in this region. Moreover, the rise in geriatric population along with launch of improved diabetic footwear is expected to propel the growth of the diabetic footwear market in North America. However, the growing awareness among diabetic patients in the US is further supporting the market growth in North America supported by substantial investment in health and wellness. In addition, the government initiative to raise the awareness on causes of diabetes among the population has driven the growth of overall market in this region.
Global Diabetic Footwear Market: Competitive Landscape
The key players operating in the global diabetic footwear market include Etonic Worldwide LLC, Podartis Srl., DARCO International Inc., Aetrex Worldwide Inc., Apex Foot Health Industries LLC, Dr. Comfort LLC, Advance Diabetic Solution, Dr. Zen Products, Inc., Drew Shoe Corporation, and Orthofeet Inc. Most of the key players are engaged in adopting strategies such as mergers and acquisition, collaborations, and new product development to increase their global market share.
Recent Key Developments- Diabetic Footwear Market
Jan 2018: Mobile textile company Sensoria Health (an independent strategic partnership between Sensoria Fitness and Genesis Rehab Services) and diabetic mobility garment maker Optima Molliter are collaborating on a smart footwear product capable of measuring diabetes patients’ compliance to prescribed mechanical offloading protocols.
The in-depth analysis of the report provides the growth potential, upcoming trends and statistics of Global diabetic footwear Market size & forecast. The report promises to provide state-of-the-art technology of diabetic footwear production and industry insights which help decision makers to take sound strategic decisions. Furthermore, the report also analyzes the market drivers and challenges and competitive analysis of the market.
Key Segments Studied in the Global Diabetic Footwear Market
Professional Key players:
Etonic Worldwide LLC, Podartis Srl., DARCO International Inc., Aetrex Worldwide Inc., Apex Foot Health Industries LLC, Dr. Comfort LLC, Advance Diabetic Solution, Dr. Zen Products, Inc., Drew Shoe Corporation, and Orthofeet Inc.
Market Segmentation:
Global Diabetic Footwear Market,
By Product Type (Shoes, Sandals, Slippers),
End User (Men, Women),
Distribution Channel (Supermarkets/Hypermarket, Retail Stores, Specialty Stores, E-commerce),
By Region (North America, Europe, Asia Pacific, Middle East & Africa), Size and Forecasts, 2025
A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021
covid-19 scenario Market Behavior/ Level of Risk and Opportunity End Industry Behavior/ Opportunity Assessment Expected Industry Recovery Timeline Business Impact Horizon
Opening of Economy by Q3 2020 xx xx xx xx
Recovery – Opening of Economy extended till Q4 2020 / Q1 2021 xx xx xx xx
Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.
Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam
In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects:
The research includes the key strategic activities such as R&D plans, M&A completed, agreements, new launches, collaborations, partnerships & (JV) Joint ventures, and regional growth of the key competitors operating in the market at global and regional scale.
Key Market Features in COVID-19 Outbreak:
The report highlights market features, including revenue, weighted average regional price, capacity utilization rate, production rate, gross margins, consumption, import & export, supply & demand, cost bench-marking, market share, CAGR, and gross margin.
Market Highlights & Approach
The report provides the rigorously studied and evaluated data of the top industry players and their scope in the market by means of several analytical tools. The analytical tools such as Porters five forces analysis, feasibility study, SWOT analysis, and ROI analysis have been practiced reviewing the growth of the key players operating in the market.
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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis
Q.1 What are some of the most promising potential, high growth opportunities for the global market by application, by product, by end user and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster speed and why?
Q.3 Which regions will grow at a faster speed and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats of market?
Q.6 What are emerging trends in market and the reasons behind them?
Q.7 What are some changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the leading players in market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this market?
Q.11 What M & A activities have taken place in the last five years in this market?
The Study Explore COVID 19 Outbreak Impact Analysis
• What should be entry strategies, countermeasures to economic impact, and marketing channels?
• What are market dynamics?
• What are challenges and opportunities?
• What is economic impact on market?
• What is current market status? What’s market competition in this industry, both company, and country wise? What’s market analysis by taking applications and types in consideration?
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Key Points Covered in Diabetic Footwear Market Report:
Chapter 1 COVID-19 Outbreak-Global Diabetic Footwear Market Business Overview
Chapter 2 Major Breakdown by Type
Chapter 3 Major Application Wise Breakdown (Revenue & Volume)
Chapter 4 Manufacture Market Breakdown
Chapter 5 Sales & Estimates Market Study
Chapter 6 Key Manufacturers Production and Sales Market Comparison Breakdown
…………………..
Chapter 8 Manufacturers, Deals and Closings Market Evaluation & Aggressiveness
Chapter 9 Key Companies Breakdown by Overall Market Size & Revenue by Type
………………..
Chapter 11 Business / Industry Chain (Value & Supply Chain Analysis)
Chapter 12 Conclusions & Appendix
……..and view more in complete table of Contents
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