Published on : Feb 22, 2017
Albany, New York, February 22, 2017: Rising skin related problems in the feet due to diabetes is another reason that is triggering the demand for diabetic Shoes. To prevent feet related all complications; a physician prescribes a best-fit and good quality diabetic footwear to the diabetes patients. After completing a comprehensive study, Market Research Hub (MRH) recently inserted a new research report into its vast string. The report is titled as “Global Diabetic Shoes Market - Forecast 2016-2024”. It analyzes the global market for diabetic shoes (therapeutic shoes), which is estimated to grow for a healthy CAGR of 8.1% during the forecast period of 2016-2024. As per the study of report, the opportunities in global diabetic shoes market was valued at $5.0 billion, which is expected to touch $9.9 billion by 2024.
Diabetes is a disease, which is noticeable by the high level of blood glucose resulting from deficiencies in insulin production and insulin action. Diabetic shoes, which are usually specified to as therapeutic shoes and extra depth shoes, can be classified under orthopedic shoes or comfort shoes. The main purpose of these particularly designed footwear preferences, is to sustain and recover foot health by decreasing the risk of skin disruption for those diagnosed with diabetes disease and suffering from foot defects or abnormalities. Poorly fitting and improper footwear can cause feet problems such as corns, calluses, blisters and ulcers that can lead to septicity and eventually even amputation.
Growing brand presence and roles of e-commerce technology are creating chances to the diabetic shoes market in recent years and this progress is estimated to accelerate the global diabetic shoes market through the forecast period. Though the cost of these shoes are a little high that restraints the low and middle income customer to buy them. However, with climbing alertness, the effect of this restraint is likely to shrink during the forecast period.
The global market of diabetic shoes is estimated to witness a solid progress during the forecast period due to the escalating incidence of diabetes worldwide. Geographically, report shows that some leading nations included in different regions like Europe, Asia-Pacific, North America, Latin America and the Middle East and Africa (MEA).
The report analyze the various segments of global Diabetic Shoe market, it can be segmented as follows;-
In terms of Distribution channel
- Online Stores
- Shoes Stores
- Specialty Shoes
- Department Stores
- Super Market and
- Hyper Market
In terms of End Use
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The prominent companies in the market include. Aetrex Worldwide, Inc., PodartisSrl. , Etonic Worldwide LLC, Dr. Comfort, LLC. Dr. Zen Products, Inc., Advance Diabetic Solution, Orthofeet Inc., Apex Foot Health Industries LLC, DARCO International, Inc. and Drew Shoe Corporation among others.
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