Global Diabetic Shoes Market Surge Towards Solid Growth by 2024

Global Diabetic Shoes Market: Overview

Diabetes is a disease mainly caused due to a high level of blood glucose that is caused due to issues in the production of insulin and insulin action. The disease has turned out to be a global endemic resulting in severe complications and in turn in premature death. Diabetes has an impact on some body organs such as kidneys, eyes, and heart. Nevertheless, it has been seen that particularly the feet are affected more because of the damage to the nerves, as this kind of damage cannot be detected immediately or early. People having diabetes suffer from ulceration of feet, which requires costly treatment.

Global Diabetic Shoes Market: Growth Factors

The global diabetic shoes market is anticipated to experience a considerable growth in the near future mainly owing to rising number of diabetic patients globally. Increasing skin-related issues in the feet caused because of diabetes is another major factor boosting the demand diabetic shoes all around the world. Moreover, the physicians recommending diabetic footwear to their patients so as to prevent all complications related to feet. The high comfort level and convenience provided by the diabetic shoes is another factor propelling the global market growth. Moreover, physicians also recommend diabetic footwear to diabetic patients as it reduces the complications.

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Furthermore, extensive development and research by major companies in the market in order to launch new diabetic shoes is expected to fulfill the increasing demand of consumers. In addition, few local players present in the market making available diabetic shoes at very low and affordable prices may hamper the growth of the global diabetic shoes market to some extent in the near future.

Global Diabetic Shoes Market: Segmentation

The global market for diabetic shoes is segmented on the basis of the distribution channel, end-use, and region. Based on the distribution channel, the global market categorized as specialty stores, online stores, shoes stores, super market, hyper market, and departmental stores. On the basis of end-use, the global market for diabetic shoes is segmented as men and women. Geographically, the global market is bifurcated as Asia Pacific, North America, Europe, Latin America, and the Middle East and Asia.

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Global Diabetic Shoes Market: Regional Analysis

Asia Pacific is anticipated to witness a high growth in the global diabetic shoes market. This growth is attributed to the high demand for diabetic shoes in China, which is followed by India. Rising economic condition, increasing geriatric population, growing disposable income, rising per capita income, and enhancing purchasing power of people are some of the major aspects boosting the diabetic shoes demand in the Asia Pacific region. Moreover, North America is also anticipated to rise as a favorable market for the manufacturers of diabetic footwear globally.

Global Diabetic Shoes Market: Competitive Players

Some of the major players in the global diabetic shoes market include Etonic Worldwide LLC, Apex Foot Health Industries LLC, Podartis Srl., Aetrex Worldwide Inc., Advanced Diabetic Solution, Dr. Comfort LLC, Dr Zen Products, Inc., Drew Shoe Corporation, DARCO International Inc., and Orthofeet Inc.

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