Diabetic Shoes Market by Distribution Channel (Online and Offline) and by End User (Men, Women, and Children): Global Industry Perspective, Comprehensive Analysis And Forecast, 2017 – 2024

Global diabetic shoes market expected to reach approximately USD 10.40 billion by 2024, growing at a CAGR of around 10.0% between 2018 and 2024. Diabetic shoes are also recognized as therapeutic shoes which are specially designed for diabetic patients to reduce the health risk associated problems in diabetes.

24-Aug-2018 | Number of pages: 110 | Report Code: ZMR-1882 | Report Format : | Status : Published

Analysis

Diabetes mellitus is a persistent disease caused by acquired or is inherited as a deficiency in the assembly of insulin by the pancreas. Diabetes is classified as gestational diabetes, type 1, and type 2. Among them, type 2 diabetes is most common and is caused due to the reduction in physical activities and obesity. A person suffering from diabetes develops several complications such as ulcers, sores, loss of sensation in body parts, abscesses, and predominantly in feet. Therefore, the special design of diabetic shoes helps to protect the patient’s feet from any injuries. According to the World Health Organization (WHO), as of now, around 150 million people have diabetes mellitus across the world and by 2025; this estimated number may double. Hence, this data represents the rising prevalence of diabetes mellitus across the globe indicating the need for diabetic shoes, in turn, contributing to the growth of the global diabetic shoes market during the forecast period.
Exceptional properties of diabetic shoe aid to cure several types of the diabetic conditions such as insufficient blood circulation in body parts especially in legs, which facilitates foot pain and ulcers. The primary reason behind the growth of the diabetic shoes market is the busy lifestyle of urban people along with increased ingestion of sugar and other synthetic sweeteners. Likewise, growing geriatric population results in high incidence of diabetes, increasing cases of diabetes and rising spending on diabetes treatment is expected to fuel the global market of diabetic shoes over the forecast period. However, the expensive price of the diabetic shoes may restrain the growth of the global market growth. 

Global Diabetic Shoes Market

The global diabetic shoes market is segmented into the distribution channel and end user. By distribution channel, the global market is divided into online and offline. Among which, the online distribution channel is expected to attain the largest market share during the forecast period. This growth is attributed towards the rising online shopping portals with a variety of diabetic footwear. These online portals offer easy access to a range of brands and shoe type for the users. 

Based on the end user, the global diabetic shoes market is categorized into men, women, and children. Among which, men are expected to attain the largest market share owing to the fact that men are more prone to have diabetes as compared to women and need to put on far less weight than women to develop the disease according to the report of National Health Service. 

By geography, the global diabetic shoes market finds its market scope in Europe, North America, Latin America, Asia Pacific, and the Middle East & Africa. The Asia Pacific is the fastest growing region in the market owing to the huge prevalence of diabetes in this region coupled with the rising demographic population. 

The regional segmentation includes the present and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market is further split into key countries including the U.S., France, Germany, UK, India, China, Japan, and Brazil. The report also includes detailed profiles of key players such as 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. The detailed description of players includes parameters such as company overview, financial overview, business strategies and recent developments of the company.


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