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Global Industry Analysis of Diabetic Shoes to Grow with Solid CAGR of 8.1% During the Forecast 2016-2024

Global diabetic shoes market is expected to witness a steady growth during the forecast period due to the increasing incidence of diabetes globally. Rising skin related problems in the feet due to diabetes is another reason that is triggering the demand for diabetic shoes.

 

Albany, NY -- (SBWIRE) -- 02/23/2017 -- Rising skin related problems in the feet due to diabetes is another reason that is triggering the demand for diabetic Shoes. To prevent feet related all complications; a physician prescribes a best-fit and good quality diabetic footwear to the diabetes patients. After completing a comprehensive study, Market Research Hub (MRH) recently inserted a new research report into its vast string. The report is titled as "Global Diabetic Shoes Market - Forecast 2016-2024". It analyzes the global market for diabetic shoes (therapeutic shoes), which is estimated to grow for a healthy CAGR of 8.1% during the forecast period of 2016-2024. As per the study of report, the opportunities in global diabetic shoes market was valued at $5.0 billion, which is expected to touch $9.9 billion by 2024.

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Diabetes is a disease, which is noticeable by the high level of blood glucose resulting from deficiencies in insulin production and insulin action. Diabetic shoes, which are usually specified to as therapeutic shoes and extra depth shoes, can be classified under orthopedic shoes or comfort shoes. The main purpose of these particularly designed footwear preferences, is to sustain and recover foot health by decreasing the risk of skin disruption for those diagnosed with diabetes disease and suffering from foot defects or abnormalities. Poorly fitting and improper footwear can cause feet problems such as corns, calluses, blisters and ulcers that can lead to septicity and eventually even amputation.

Growing brand presence and roles of e-commerce technology are creating chances to the diabetic shoes market in recent years and this progress is estimated to accelerate the global diabetic shoes market through the forecast period. Though the cost of these shoes are a little high that restraints the low and middle income customer to buy them. However, with climbing alertness, the effect of this restraint is likely to shrink during the forecast period.

The global market of diabetic shoes is estimated to witness a solid progress during the forecast period due to the escalating incidence of diabetes worldwide. Geographically, report shows that some leading nations included in different regions like Europe, Asia-Pacific, North America, Latin America and the Middle East and Africa (MEA).

The report analyze the various segments of global Diabetic Shoe market, it can be segmented as follows;-

In terms of Distribution channel

Online Stores
Shoes Stores
Specialty Shoes
Department Stores
Super Market and
Hyper Market

In terms of End Use

Women
Men

Browse Full Report with TOC: http://www.marketresearchhub.com/report/diabetic-shoes-market-global-industry-analysis-size-share-growth-trends-and-forecast-2016-2024-report.html

The prominent companies in the market include. Aetrex Worldwide, Inc., PodartisSrl. , Etonic Worldwide LLC, Dr. Comfort, LLC. Dr. Zen Products, Inc., Advance Diabetic Solution, Orthofeet Inc., Apex Foot Health Industries LLC, DARCO International, Inc. and Drew Shoe Corporation among others.

Related Reports:

Diabetic Shoes Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024- http://www.marketresearchhub.com/report/diabetic-shoes-market-global-industry-analysis-size-share-growth-trends-and-forecast-2016-2024-report.html

Global Running Shoes Industry Report 2016- http://www.marketresearchhub.com/report/global-running-shoes-industry-report-2016-report.html

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