Diabetic Shoes Market
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<strong>Diabetic</strong> <strong>Shoes</strong><br />
<strong>Market</strong><br />
Share, Global Trends,<br />
Analysis, Research, Report,<br />
Opportunities,<br />
Segmentation and Forecast,<br />
2016<br />
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Report Description<br />
<strong>Diabetic</strong> shoes also known as therapeutic shoes are specifically designed and developed<br />
for diabetic patients to minimize the risk of various skin related problems in diabetics.<br />
The basic objective of diabetic footwear is to prevent difficulties which can comprises of<br />
ulcers, strain, or amputations for patients with diabetics. The diabetic footwear must be<br />
prescribed by physician. The utilization of prescribed diabetic shoes by patients suffering<br />
from various diabetic complications which include improper circulation of lower limbs<br />
and peripheral neuropathy has proven successful treatment in preventing and curing<br />
various foot ulcers, which can ultimately lead to foot and toe related problems. Thus,<br />
wearing the suitable diabetic shoes provides diabetic patients a substantially enhanced<br />
results with their diseases and thus recovers their whole quality of life. Besides this,<br />
medically prescribed diabetic footwear can also decreases the high cost of care related<br />
with diabetic foot ulcers and amputations. As per the International <strong>Diabetic</strong> Federation, a<br />
total of 387 Mn people had diabetes all over the world in 2016 and a total of 4.9 Mn<br />
deaths were caused by diabetes in the same year. The demand for diabetic shoes have<br />
observed an upliftment over the past few year which has strengthened the growth of<br />
diabetic shoes market all across the globe. The global diabetic food market is likely to<br />
grow at a stupendous CAGR over the next ten years from 2016-2026.<br />
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Global <strong>Diabetic</strong> <strong>Shoes</strong>: <strong>Market</strong> Segmentation
Report Description<br />
The Global <strong>Diabetic</strong> <strong>Shoes</strong> market is segmented on the basis of consumer group such as<br />
men and women. The global diabetic shoes market is also divided by retail distribution<br />
which includes store based and non-store based. The store distribution channel is further<br />
sub-divided by shoe stores, departmental stores and chains, specialty stores, and others.<br />
On the other hand, non-store distribution channel is further bifurcated on the basis of<br />
online channels. The share of online channels is anticipated to grow at a significant CAGR<br />
over the next few years which will drive the overall global diabetic shoes market.<br />
Global <strong>Diabetic</strong> <strong>Shoes</strong> <strong>Market</strong>: Growth Drivers<br />
Robust incline in number of diabetic patients all over the world is escalating the demand<br />
of diabetic shoes all over the world and thus intensify the growth of global diabetic shoes<br />
market. Rising demand for new designs of shoes and increasing awareness about healthy<br />
and energetic lifestyle to intensify the growth of global diabetic shoes market during the<br />
forecast period. Escalating population especially in emerging countries along with rising<br />
propensity of people to spend more is also expected to foster the demand for diabetic<br />
shoes all across the Asia and the world. The diabetic shoes market has wide opportunity<br />
with the budding role of e-commerce and expanding new brands in the market. This<br />
would strengthen the growth of diabetic shoes market all over the world.<br />
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Report Description<br />
Global <strong>Diabetic</strong> <strong>Shoes</strong> <strong>Market</strong>: Regional Outlook<br />
Geographically, the Global <strong>Diabetic</strong> <strong>Shoes</strong> industry can be divided by major regions<br />
which include North America, Latin America, Western and Eastern Europe, Asia-Pacific<br />
region, Japan, Middle East and Africa. It has been notified that, in 2016, North America<br />
the contributed the highest share in revenue terms in the global diabetic shoes market.<br />
Production and availability of new and innovative diabetic shoes in U.S. is strengthening<br />
the growth of North America diabetic shoes market. The Asia-Pacific region is forecasted<br />
to grow at a significant pace over the next few years till 2026. Rising disposable income in<br />
emerging economies such as China and India is expected to foster the growth of Asian<br />
diabetic shoes market during the projected period.<br />
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Global <strong>Diabetic</strong> <strong>Shoes</strong> <strong>Market</strong>: Players<br />
Some of the major conglomerates capturing the substantial market share in the Global<br />
<strong>Diabetic</strong> <strong>Shoes</strong> market includes Podartis S.r.l., Aetrex Worldwide Inc., Orthofeet Inc.,<br />
Etonic <strong>Shoes</strong>, Drew Shoe, Dr. Comfort and others. The manufacturers are focusing on<br />
production of low cost diabetic shoes especially in emerging economies in order to grab<br />
the market share in the Asia diabetic shoes market. Various shoe manufacturers are<br />
anticipated to enter into the production of diabetic shoes as the segment has immense<br />
potential.
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