According to a new report published by K D Market Insights,Demand for “Diabetic Footwear Market Insights, Trends, Opportunity & Forecast, 2020-2025,” the global diabetic footwear market size is anticipated to witness moderate growth during the forecast period i.e. 2020-2025. Factors such as the rising geriatric population, the increasing prevalence of diabetic patients across the globe and the surging awareness among diabetic patients regarding the advantages and use of diabetic footwear are the primary factors driving the growth of the global diabetic footwear market.

Additionally, the burgeoning innovation activities by key players for the development of customized and fashionable diabetic footwear to meet up with the recent fashion trends across regions, primarily coming from the woman population is anticipated to further create ample growth opportunities for the global diabetic footwear market during the forecast period.

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The North American region dominated in the global diabetic footwear market in 2020. The region is poised to further maintain its dominance in the market during the forecast period. The region is to be followed by the European region owing to the rapidly surging diabetic cases in the region. The Asia-Pacific region is predicted to attain the highest growth rate during the forecast period of 2020-2025 in the diabetic footwear market mainly due to the growing aging population and the rising awareness regarding diabetes and its impact on foot health in the region.

According to product type, the shoes segmented accounted for the largest share in the global diabetic footwear market in 2020 and is expected to further retain its dominance in the market during the forecast period. According to demography, the women segment dominated the diabetic footwear market in 2020 and is projected to hold a significant share in the global market throughout the forecast period. According to distribution channel, the offline stores segment accounted for the largest share in the global diabetic footwear market in 2020 and is estimated to continue with the trend during the forecast period. The specialty stores sub-segment was the most preferred offline distribution channel in the market.

The global diabetic footwear market is segmented into product type, demography, distribution channel and region. Based on product type, the market is bifurcated into shoes, sandals, slippers and others. Based on demography, it is classified into men and women. Based on distribution channel, it is classified into online stores and offline stores. The offline stores sub-segment is further categorized into shoe stores, specialty stores and others.

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The global diabetic footwear market is analyzed across North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Thailand, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of Latin America) and Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa).

Key Insights of Diabetic Footwear Market

  • On the basis of product type, the shoes segmented accounted for the largest share in the global diabetic footwear market in 2020 and is expected to further retain its dominance in the market during the forecast period.
  • On the basis of demography, the women segment dominated the diabetic footwear market in 2020and is projected to hold a significant share in the global market throughout the forecast period.
  • On the basis of distribution channel, the offline stores segment accounted for the largest share in the global diabetic footwear market in 2020 and is estimated to continue with the trend during the forecast period.
  • On the basis of region, North America dominated in the global diabetic footwear market in 2020 and is poised to further maintain its dominance in the market during the forecast period.
  • On the basis of region, Asia-Pacific is predicted to attain the highest growth rate during the forecast period of 2020-2025 in the diabetic footwear market.

Some of the major diabetic footwear companies profiled in the report include DARCO International, Sigvaris Group, Apexfoot, Medline Industries Inc., DJO Global, Dr. Zen, Ortho Europe, Drew Shoe Corporation, Hong Kong (GZ) Grace Shoes Development Co. Limited and OrthoFeet Inc.

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