March 15, 2019 by Steve blade
Diabetes demands safety
The Global Diabetic footwear market is majorly driven by the growing health issues among the population. Further, global diabetic footwear provides a safe an easy way to resist and cure foot diseases caused by the damaging of nerves caused by diabetes.
Global Diabetic Footwear market Analysis by Goldstein Research
The global diabetic footwear market is segmented into end-user such as men and women. Among this segment, the demand for women diabetic footwear is higher. Women diabetic footwear dominates the global diabetic footwear purchase market by 54% share.
North America dominates the women diabetic footwear market and holds a share of around 37% in the global women diabetic footwear market.
North America dominates not only consumption but also manufacturing of diabetic footwear. About 82% of enterprises manufacturing diabetic footwear are based in US.
Italy also has rising growth of the diabetic footwear market owing to its significant increase in diabetic young population. Italy is also manufacturer of diabetic footwear and contributes about 5%.
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Increasing demand for diabetic footwear in youth countries: Major Growth Driver
Significant increase in diabetes among the youth is inducing rapid growth for diabetic footwear market. APAC is the fastest growing market with many local players entering the market due to rising demand.
The demand is constantly rising in APAC because of high youth population in countries like India and high old population in countries like China. The youth and the old are most prone to the disease.
Variety of Diabetic footwear: Innovation
All leading manufacturers are launching a range of comfortable diabetic footwear with a lot of variety. Diabetic footwear is not only found in terms of shoes but is also found as sneakers and sandals. This provision of variety and innovation in styles and designs is the leading cause of growth of this market.
Although there are some limitations which decline the growth of this market. These are mainly related to high costs of these footwear. Moreover sometimes people have side effects on using this footwear.
Global Diabetic Footwear Market report by Goldstein Research contains detailed overview of the global diabetic footwear market in terms of market segmentation by Product Type, by End-user, by distribution channel, by demography, by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.
This market report also includes provides competitive outlook of some of the major players of the global diabetes footwear market which includes profiling of companies of Aetrex Industries INC, Orthofeet, New Balance Athletics etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents comprehensive synopsis on the global diabetes footwear market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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