Diabetic Footwear Market to Witness Great Growth Opportunities in Coming Years From 2023 to 2030Posted by Roger on April 11th, 2023 Diabetic footwear is a specialized type of shoe that is designed to accommodate the foot conditions of people with diabetes, such as neuropathy, poor circulation, and foot deformities. These shoes are made with extra depth, a wide toe box, and cushioned soles to reduce pressure on the feet and prevent injuries. The global diabetic footwear market is expected to grow at a CAGR of around 7% between 2021-2026, driven by the increasing prevalence of diabetes, rising awareness about diabetic foot complications, and the growing demand for preventive footwear among diabetic patients. Key players in the diabetic footwear market include Podartis Srl, DJO Global, Aetrex Worldwide, Inc., Dr. Comfort, Orthofeet Inc., New Balance Athletics, and Drew Shoe Corporation. The market is segmented based on the type of footwear, end-users, and distribution channels. The most common types of diabetic footwear are therapeutic shoes, custom-made shoes, and off-the-shelf shoes. The end-users of diabetic footwear include men, women, and children with diabetes. The distribution channels for diabetic footwear include online retailers, specialty stores, and hospital and retail pharmacies. North America dominates the global diabetic footwear market, followed by Europe and Asia-Pacific. This can be attributed to the high prevalence of diabetes, a well-established healthcare infrastructure, and a growing number of diabetic patients in these regions. Some of the factors driving the growth of the diabetic footwear market include the increasing prevalence of diabetes worldwide, the rising awareness about the importance of foot care among diabetic patients, and the growing demand for preventive footwear among diabetic patients. Additionally, the technological advancements in diabetic footwear, such as the use of materials like breathable mesh, lightweight foam, and moisture-wicking fabric, are expected to further drive the market growth. However, the high cost of diabetic footwear and the lack of reimbursement policies for diabetic footwear in some regions may hamper market growth. Moreover, the availability of cheaper alternatives in the market may pose a challenge to the growth of the diabetic footwear market. In conclusion, the global diabetic footwear market is expected to witness steady growth in the coming years, driven by the increasing prevalence of diabetes, rising awareness about diabetic foot complications, and the growing demand for preventive footwear among diabetic patients. Latest Market Insights Click Here - https://www.coherentmarketinsights.com/market-insight/diabetic-footwear-market-744 About Coherent Market Insights Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients. Contact Us Mr. Shah Like it? Share it! More by this author
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