The leading driver for the global diabetic shoes market is the rising prevalence of diabetes, according to a new research report from Transparency Market Research (TMR). The report, titled ‘Diabetic Shoes Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024,’ presents a detailed look at the historical trajectory of the market and the market’s present condition. Based on a solid analysis of these, the report delivers reliable forecasts regarding the diabetic shoes market’s development in the coming years.
Many diabetics suffer from dermatological conditions in their legs due to the hematological complications caused by the disease. Foot ulcers are among the most common conditions affecting diabetics, since the disease causes improper circulation in the lower body, leading to decreased sensation around the extremities, cracked skin, and an increase in the time needed to heal even minor wounds. This necessitates the use of special footwear designed especially for diabetics, aimed at boosting blood circulation in the feet.
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Diabetic shoes have grown in demand in the last few years due to the rising prevalence of diabetes. In the past few decades, diabetes has become one of the most worrying and most widespread lifestyle conditions affecting humans. The incidence of diabetes has grown at such a rapid rate that the number of patients suffering from diabetes has almost quadrupled since 1980. This has driven the demand for a variety of therapeutic solutions aimed at making diabetes manageable, including a steady rise in the demand for diabetic shoes.
In the U.S., about 80,000 diabetics have to undergo amputations every year due to diabetes-related hematological complications. According to the American Diabetes Association, the number of diabetics in the U.S. suffering from foot ulcers is an order of magnitude higher, with the figure estimated at around 600,000 every year.
The ongoing technological innovation in the diabetic shoes industry is another key driver for the global diabetic shoes market, with many companies focusing on introducing advances in shoe design such as pressure-reliving shoes and sensor mats that can detect areas of weakness in the sole. Advances such as these are likely to become popular among diabetics due to the higher comfort they provide, thus driving the global diabetic shoes market.
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Geographically, North America is the leading contributor to the global diabetic shoes market due to the rising prevalence of disease in the region. The widespread adoption of an unhealthy sedentary lifestyle across much of North America has led to diabetes becoming a growing worry in the region. The easy availability of the latest advancements in diabetes treatment as well as footwear design in North America have also been important in driving the regional diabetic shoes market. In the coming years, the increasing prevalence of diabetes in Asia Pacific is likely to make it one of the leading regional markets for diabetic shoes.
The report also presents a detailed overview of the competitive landscape of the global diabetic shoes market. The report profiles key companies operating in the global diabetic shoes market, such as Podartis S.r.l., Aetrex Worldwide, Inc., Drew Shoe, Orthofeet Inc., Dr. Comfort, and Etonic Shoes, to provide readers with insights into the competitive dynamics of the global market.
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.