The global diabetic footwear market size is expected to reach USD 9.65 billion by 2025, according to a new report by Radiant Insights, Inc. It is projected to expand at a CAGR of 7.6% during the forecast period. Rising importance of specialty footwear which improve the lower body posture and protect the feet from fungal infection is expected to remain a favorable factor. Furthermore, rising concerns over adverse effects associated with obesity are expected to promote the use of diabetic footwear as a preventive measure.
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Shoes are expected to generate a revenue of USD 3.31 billion by 2025. The segment is expected to lead the market in light of its increased utility among office-going population. Furthermore, fluctuating diet patterns and hectic lifestyle among middle class population in emerging economies including China and India is expected to encourage consumers to use diabetic shoes as a regular footwear option.
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Further key findings from the report suggest:
• Sandals is expected to witness a CAGR of 7.3% from 2019 to 2025, owing to increased usage of these products as casual footwear by people in the age group of 45+ in developed economies including Germany and U.K.
• Slippers generated a revenue of USD 1.99 billion in 2018. The segment is expected to hold more than 30% of global market share on account of predominant usage as daily home footwear among health conscious consumers
• Online segment is expected to remain the most lucrative distribution channel over the next eight years. These channels are expected to remain a preferred choice on account of various value-added benefits including cash benefits and free-home delivery by the footwear companies and e-commerce portals
• Europe is expected to remain one of the largest markets, accounting for more than USD 1.93 billion by 2025. The region is expected to lead on account of increasing health consciousness of consumers from prominent markets such as Germany, U.K., France, and Italy
• The diabetic footwear market is highly competitive in nature with the main players including DJO Global Inc.; Drew Shoes; I-Runner; and Dr. Zen Products, Inc. Various manufacturers are concentrating on new product launches, capacity expansion, and technological innovation to cater to the existing and future demand from new application segments.
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Greater consistency and momentum always keeps up the Esticast Research and Consulting research reports trending and far more reachable to the client.
The report further presents the data on percentage volume and market share value by players, by product type, applications, regions, and also price variations.About Diabetic Footwear MarketThe Global Diabetic Footwear market is expected to reach $11.25 billion by 2026, with a projected CAGR of 9.3% during the forecast period.
Diabetic shoes are specially designed shoes intended to offer protection for diabetic feet and decrease the risk of skin breakdown, mainly in cases of poor circulation, neuropathy and foot deformities.
However, lack of awareness in the underdeveloped regions and the availability of other diabetic care devices and products may restrain the market from growing.
Moreover, rising research and development activities leading to the development of enhanced products, and enhancement of the online shopping experience is likely to gain significant impetus for the diabetic footwear market share in the coming years.For Better Understanding, Try Sample PDF Brochure of Report (including full TOC, Tables and Figures) @ https://www.esticastresearch.com/report/diabetic-footwear-market//#request-for-sampleMarket OverviewThe new report titled “Global Diabetic Footwear Market” is one of the vast depositories added in the directory of Esticast Research and Consulting”.
The accessing is monitored by technological advancements, diversified investment habits, in-depth study on a product by defining overview and specifications.The report further shifts the focus on the global Diabetic Footwear market through industry status, growth opportunities, forecasts, key participants, and key players.Important facts about the Diabetic Footwear market reportThe global keyword market report compares different approaches and methods that are very well calibrated by the key players of the Diabetic Footwear market to make accurate business decisions.The Diabetic Footwear market report designs several parameters that include strategic analysis, emerging factors, production value and capacity, and others are also well presented in the research report.The report also helps to reveal market definition, product specifications, market share, value chain analysis, demand and supply ratio, and import/export details.Competitive LandscapeKey players profiled in the report include:Podartis SrlDJO Global Inc.Aetrex Worldwide, Inc.Zen Products, Inc.Orthofeet Inc.Propet USA, Inc.I-RunnerPilgrim shoesFinn ComfortDrew ShoesThe prominent industry players profiled in the report that are functional in the Diabetic Footwear market are profiled on the basis of quality, product differentiation, product portfolio, and among others.
Get FREE Sample Report Before Buying @ https://www.upmarketresearch.com/home/requested_sample/7511 UpMarketResearch offers a latest published report on “Global Diabetic Footwear Market Analysis and Forecast 2018-2023” delivering key insights and providing a competitive advantage to clients through a detailed report.
Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
The numerical data is backed up by statistical tools such as SWOT analysis, BCG matrix, SCOT analysis, PESTLE analysis and so on.
The statistics are represented in graphical format for a clear understanding on facts and figures.
The generated report is firmly based on primary research, interviews with top executives, news sources and information insiders.
Region-wise Analysis Global Diabetic Footwear Market covers:North AmericaEuropeChinaJapanIndiaSoutheast AsiaOther regions (Central & South America, Middle East & Africa) The Major players reported in the market include:Adani GroupDanoneITCNestlThe Hershey CompanyFor More Information, Please Visit https://www.upmarketresearch.com/home/enquiry_before_buying/7511 Global Diabetic Footwear Market: Product Segment Analysis:Diabetic beveragesDiabetic dairy products Global Diabetic Footwear Market: Application Segment Analysis:StoresOnline retailing The Report covers in-depth analysis as follows:Chapter 1 Overview of Diabetic FootwearChapter 2 Global Market Status and Forecast by RegionsChapter 3 Global Market Status and Forecast by TypesChapter 4 Global Market Status and Forecast by Downstream IndustryChapter 5 Market Driving Factor Analysis of Diabetic FootwearChapter 6 Diabetic Footwear Market Competition Status by Major ManufacturersChapter 7 Diabetic Footwear Major Manufacturers Introduction and Market DataChapter 8 Upstream and Downstream Market Analysis of Diabetic FootwearChapter 9 Cost and Gross Margin Analysis of Diabetic FootwearChapter 10 Marketing Status Analysis of Diabetic FootwearChapter 11 Report ConclusionChapter 12 Research Methodology and Reference Buy Diabetic Footwear Market analysis & forecast 2018-2023 Report along with complete TOC @ https://www.upmarketresearch.com/buy/diabetic-footwear-market “Diabetic Footwear Market Analysis and Forecast 2018-2023” report helps the clients to take business decisions and to understand strategies of major players in the industry.
