Diabetic Shoes Market Strategic Insights and key Business Influencing Factors | Major Players – Advanced Diabetic Solutions, DARCO International, THUASNE SA, SIGVARIS, Hanger Clinic.
Diabetic Shoes Marketwhich is specially designed to reduce the risk of skin breakdown in diabetics. It is also used to solve the problem related to the improper blood circulations in lower limbs. The main of these shoes to avoid foot injuries so that they can prevent problems like ulcers, strains and risk related to amputations. Rising cases of diabetes among population is the major factor fuelling the growth of this market.
Global diabetic shoes market is expected to reach an estimated value of USD 13.66 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026. Rising expenses on diabetic treatment is the major factor fuelling the market growth.
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Competitive Analysis: Global Diabetic Shoes Market
Few of the major competitors currently working in Global Diabetic Shoes Market are Aetrex Worldwide, Inc, DJO Global, Drew Shoe Corporation, Finn Comfort, I-Runner, OrthoFeet, Pilgrim Shoes, Podartis Srl, Propét USA, Inc., Etonic, Apexfoot.com, Advanced Diabetic Solutions, DARCO International, THUASNE SA, SIGVARIS, Hanger Clinic, Anodyne, LLC, Pedors247, Apis Footwear Company, The Foot Comfort Center, Oasis Footwear,LLC., Reed Medical Ltd, PLS Pedorthic Lab Specialties, Inc and others.
Key Pointers Covered in the Global Diabetic Shoes Market Trends and Forecast to 2026
- Global Diabetic Shoes Market New Sales Volumes
- Global Diabetic Shoes Market Replacement Sales Volumes
- Global Diabetic Shoes Market Installed Base
- Global Diabetic Shoes Market By Brands
- Global Diabetic Shoes Market Size
- Global Diabetic Shoes Market Procedure Volumes
- Global Diabetic Shoes Market Product Price Analysis
- Global Diabetic Shoes Market Healthcare Outcomes
- Global Diabetic Shoes Market Cost of Care Analysis
- Global Diabetic Shoes Market Regulatory Framework and Changes
- Global Diabetic Shoes Market Prices and Reimbursement Analysis
- Global Diabetic Shoes Market Shares in Different Regions
- Recent Developments for Global Diabetic Shoes Market Competitors
- Global Diabetic Shoes Market Upcoming Applications
- Global Diabetic Shoes Market Innovators Study
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Key Developments in the Market:
- In March 2018, Siren announced the launch of their siren diabetic sock and foot monitoring system which is made of neurofabric materials. It is specially designed to detect early symptoms of inflammation and diabetic foot ulcers. These socks are washable and dryer- friendly
- In November 2017, Frazier Healthcare announced that they are going to acquire MDI Corporation. This will help the company to expand their diabetic shoe program and also in treating the disease related to lower extremities
Market Drivers:
- Increasing cases of diabetes worldwide is driving the market growth
- Rising aging population is another factor driving the growth of this market
- Increasing number of women diabetic patient worldwide will also propel the market growth
- Growing improvement in online retail penetration will also contribute as a factor for the market growth
Market Restraints:
- High price of the diabetic shoes is restraining the market growth
- Lack of awareness among population about the diabetic shoe is another important factor restraining the market growth.
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Key insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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