Global Diabetic Footwear Market Examined by Expeditious Research and Consulting in Its Report Now Available at MarketPublishers.com17 Mar 2016 • by Natalie Aster
LONDON – Aiding in preventing the feet of a person with diabetes from developing any wounds or injuries, diabetic/therapeutic shoes have become a medical revolution.
The world’s diabetic footwear is expected to post sustainable growth in the years to come, with its CAGR being over 8 percent. Increasing prevalence of diabetes (in population aged 20-79) emerges to be a key force igniting this growth. A rise on the diabetes treatment spending is one more prominent factor encouraging the growth.
The global spending on diabetes is forecast to grow from over USD 935.5 billion in 2015 to approximately USD 1,130 billion by 2021/
APAC is set to show the swiftest growth of the market for diabetic footwear, and China is the largest market in this region, with India being the number two player.
Growth of the marketplace in this region is also driven by such factors as growing GDP, improvement of the economic situation higher per capita income, and more.
Female diabetic footwear is the largest market segment (its share almost reached 70 percent in 2014) on the basis of demography. In the meantime, the male footwear segment also has good growth prospects for the years to come.
Ortho Europe, Dr. Zen Inc., DJ Global and DARCO International are amongst major companies in the world’s space.
New research report “Global Diabetic Footwear Market Outlook 2021” drawn up by Expeditious Research and Consulting offers an insightful analysis of the world’s market for diabetic footwear. The study provides a thorough overview of this marketplace, market size estimations and forecasts. It delves deep into performance of the marketplace in different regions and countries. The report examines the market on the basis of demography, retail distribution and inpatient and outpatient. The research study contains Porter’s five forces analysis and explores factors driving growth and restraining it. It covers risks and investigates the competitive landscape. Valuable data on companies active in the marketplace can be found in the research report, too.
Global Diabetic Footwear Market Outlook 2021
Published: March, 2016
Price: US$ 3,000.00
More new studies by our market research partner are available at Expeditious Research and Consulting page.