Diabetic Footwear Market Growth 2025 by Key Players Podartis S.r.l., Aetrex Worldwide Inc., Orthofeet Inc., Etonic Shoes
Diabetes is a chronic disease caused by lack or lower levels of insulin in the body. A person suffering from diabetes may develop sores, abscesses, ulcers, or loss of sensation in parts of the body, predominantly in feet. The exceptional design of diabetic footwear aids in protecting the patient’s feet from injuries. According to World Health Organization (WHO), in 1980, the number of diabetic patients was108 Mn, which in reached 422 Mn in 2014. Primary reason behind this growth in number is the busy lifestyle of urban society along with increased intake of sugar and other artificial sweeteners.
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Men were the biggest end users of diabetic footwear globally in 2016. According to a report by National Health Service, males are more prone to diabetes and need to gain far less weight than females to develop the disease. However, women are expected to be the fastest growing end users of diabetic footwear during the forecast period. Diabetic footwear products include sandals, shoes, and slippers. Availability of diabetic footwear in different models gained them wide acceptance among the public for use in any occasion.
Asia Pacific is the most dominant region in the global diabetic footwear market. According to National Center for Biotechnology Information, around 150 Mn diabetic patients reside in this region, with over 95% diagnosed with Type 2 diabetes. The region accounted for 36.30% of the total market share in 2016, in terms of revenue. The dominance is on account of the large population suffering from diabetes coupled with an increase in expenditure on diabetes treatment and rise in the size of geriatric population. China and India are home to one-third of the total global population with India being dubbed as ‘The Diabetes Capital of the World’.
Increase in disposable incomes has resulted in a rise in demand for diabetic footwear in the Asia Pacific region. Also, an increase in diabetic populace coupled with the availability of relatively cheap products from local players in India and China augments the growth of diabetic footwear market in the region.
The global diabetic footwear market was valued at US$ 5,331.8 Mn in 2016 and is expected to expand at a CAGR of 7.86%, in terms of revenue, during 2017 – 2025.
Asia Pacific and North America accounted for major shares in the global diabetic footwear market, both in terms of revenue and volume, in 2016 and are expected to dominate over the forecast period. However, lack of awareness among people in rural areas of emerging economies and premium pricing is a major restraint for the market growth, especially in Asia Pacific.
Major Players in the Global Diabetic Footwear Market
Some of the major players in the global diabetic footwear market include Podartis S.r.l., Aetrex Worldwide Inc., Orthofeet Inc., Etonic Shoes, Drew Shoe, Dr. Comfort, DARCO International, Duna S.r.l, and Hong Kong Grace Shoes, among others.
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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
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#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
Request For Sample Copy of this Research Report :
https://www.coherentmarketinsights.com/insight/request-sample/744
Men were the biggest end users of diabetic footwear globally in 2016. According to a report by National Health Service, males are more prone to diabetes and need to gain far less weight than females to develop the disease. However, women are expected to be the fastest growing end users of diabetic footwear during the forecast period. Diabetic footwear products include sandals, shoes, and slippers. Availability of diabetic footwear in different models gained them wide acceptance among the public for use in any occasion.
Asia Pacific is the most dominant region in the global diabetic footwear market. According to National Center for Biotechnology Information, around 150 Mn diabetic patients reside in this region, with over 95% diagnosed with Type 2 diabetes. The region accounted for 36.30% of the total market share in 2016, in terms of revenue. The dominance is on account of the large population suffering from diabetes coupled with an increase in expenditure on diabetes treatment and rise in the size of geriatric population. China and India are home to one-third of the total global population with India being dubbed as ‘The Diabetes Capital of the World’.
Increase in disposable incomes has resulted in a rise in demand for diabetic footwear in the Asia Pacific region. Also, an increase in diabetic populace coupled with the availability of relatively cheap products from local players in India and China augments the growth of diabetic footwear market in the region.
The global diabetic footwear market was valued at US$ 5,331.8 Mn in 2016 and is expected to expand at a CAGR of 7.86%, in terms of revenue, during 2017 – 2025.
Asia Pacific and North America accounted for major shares in the global diabetic footwear market, both in terms of revenue and volume, in 2016 and are expected to dominate over the forecast period. However, lack of awareness among people in rural areas of emerging economies and premium pricing is a major restraint for the market growth, especially in Asia Pacific.
Major Players in the Global Diabetic Footwear Market
Some of the major players in the global diabetic footwear market include Podartis S.r.l., Aetrex Worldwide Inc., Orthofeet Inc., Etonic Shoes, Drew Shoe, Dr. Comfort, DARCO International, Duna S.r.l, and Hong Kong Grace Shoes, among others.
For More Information:
https://www.coherentmarketinsights.com/market-insight/diabetic-footwear-market-744
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com