The global Diabetic footwear market expected to spur the market growth with 8% CAGR in the forecast period from 2020-2027. Diabetic foot refers to diabetic patients with lower extremity infections, ulcerations, and grave tissue damage caused by neuropathy and various degrees of peripheral vascular disease. Diabetic foot is one of the most severe complications of diabetes.
The primary factor that leads to a high risk of diabetic foot is mainly long-term disease patients and older patients. However, as the diabetic foot continues to invade and spread, podiatric patients tend to be younger. Consciousness will gradually lose numbness, and in severe cases, foot amputations caused.
The typical infection most diabetics face is foot infection. The high disability rate of a diabetic foot can often lead to amputation or even life-threatening. According to survey data from the International Diabetes Federation, the risk of amputation in diabetic patients is 25 times that of ordinary people. Worldwide, 70% of amputees have diabetes. Worldwide, one person loses his foot due to diabetes. On average, every 30 seconds, 85% of diabetic foot amputees caused by foot ulcers, and 85% of diabetic amputees were initially avoidable. Therefore, demand for the diabetic footwear market expected to fuel the application due to the above-stated reason.
By Distribution Overview in the Global diabetic footwear Market
Based on the distribution channel, the global diabetic footwear market segmented into Online Platform, Specialty Store, Footwear Store, Others. The specialty store dominated by the market share of the global diabetic footwear market in the forecast period from 2020-2027. Due to easy availability, accessibility, and variability, prefer by older people as they generally have people with diabetes and prefer to footwear to relieve from pain. Thus, they prefer comfortable shoes and buy from offline stores.
By Type Overview in the Global diabetic footwear Market
Based on the Type, the global diabetic footwear market classified into Shoes, Sandals, and Slippers. Among these, the diabetic shoe market expected to hold a prominent share in the global diabetic footwear market. Diabetic shoes are more comfortable for the patients as compared to other diabetic slippers and sandals, which makes diabetics shoes a preferred choice among the patients.
End-Uses Overview in the Global diabetic footwear Market
Based on the end-uses channel, the global diabetic footwear market bifurcated into Men and Women. The women diabetic footwear segment will fuel the market growth of the diabetic footwear market as the working women population has increased in recent years. Thus, they buy diabetic shoes to match with the formal dress code, and therefore diabetic footwear will propel in the future as well.
Region Overview in the Global diabetic footwear Market
Based on geography, the global diabetic footwear market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is estimated to spur a vital share in the global diabetic footwear market. On account of increasing diabetic patients in the US and rising disposable income to afford advance material footwear will propel the market demand for the global diabetic footwear market.
Global diabetic footwear Market: Competitive Landscape
Companies such as Podartis Srl, DJO Global Inc., Aetrex Worldwide, Inc., Dr. Zen Products, Inc., Orthofeet Inc., Propet USA, Inc., I-Runner, Pilgrim shoes, Finn Comfort, and Drew Shoes and others are the key players in global Diabetic footwear market.
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