“Rising prevalence of diabetes to thrive the global diabetic footwear market”: says Research Nester

The global diabetic footwear market is majorly driven by the rapidly expanding diabetic population in the world, according to our research report “Global Diabetic Footwear Market Outlook 2021”.

Regionally, the diabetic/therapeutic footwear market is segmented into North America, Latin America, Europe, Asia-Pacific, Russia, MENA and Oceanic. Among these, Asia-Pacific is anticipated to witness a significant growth and occupy the largest share of the diabetic footwear market by 2021.   

The global diabetic population is projected to expand at a CAGR of 6.25% during the forecast period i.e. 2015-2021. This growth in the diabetic population is believed to fuel the demand of the diabetic footwear across the globe. In addition to this, rapid expansion of the aging population (age>65) from 602 million in 2015 to 715 million in 2020 would also bid to boost the diabetic footwear market in the coming future.     

The report titled “Global Diabetic Footwear Market Outlook 2021” delivers detailed overview of the diabetic footwear market in terms of market segmentation by regions, by demography, by inpatient and outpatient and by retail distribution.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

This report also provides the existing competitive scenario of some of the key players of the diabetic footwear industry which includes company profiling of DARCO International, Ortho Europe, Duna Srl, DJ Global, Podartis, Thusane, Aertex Worldwide etc. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview on the global diabetic footwear market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.

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Ajay Daniel

Email: ajay.daniel@researchnester.com

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