DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/sskd2w/global_diabetic) has announced the addition of the "Global Diabetic Footwear Market Outlook 2021" report to their offering.
The global market of diabetic footwear is anticipated to flourish at a healthy compound annual growth rate (CAGR) of 8.27%.
The global diabetic/therapeutic footwear market would majorly be driven by the rising prevalence of diabetes (in 20-79 years of age group) in the world.
Apart from rising prevalence of diabetes, rise in spending on diabetes treatment is yet another major growth driver of the diabetic footwear market. The global spending on diabetes is projected to expand from USD 936 Billion in 2015 to USD 1,128 Billion by 2021. This rise in spending would definitely help the global diabetic footwear market in the coming 8-10 years of time.
Regionally, Asia Pacific region is anticipated to witness the highest growth in the diabetic footwear market, with China being the largest market in the region followed by India during the forecast period i.e. 2015-2021. Growth in the aging population, strengthening economic condition, better GDP figures and increase in the per capita income are some of the major factors that would escalate the demand of diabetic footwear in the Asia Pacific region.
The global diabetic footwear market is segmented on the basis of demography, which depicts that women have higher tendency to purchase the diabetic footwear than men. Owing to this tendency, the female diabetic footwear (68% share in 2014), occupies the largest market of diabetic footwear across the globe. However, owing to an increase in the total number of male diabetic patients in comparison to female diabetic patients in the world, there is a greater need of male diabetic footwear in the future.
DARCO International, Ortho Europe, Duna Srl, Thuasne, DJ Global, Hong Kong Grace Shoes, Dr. Zen Inc., Drew Shoe Corporation, and Podartis Srl are some of the major key players of the global diabetic footwear market.
Key Topics Covered:
1. List of Figures
2. List of Tables
3. Executive Summary
4. Research Methodology
5. Global Diabetic Footwear Market Size and Forecast
6. Market Segmentation
7. Porter's Five Force Model Analysis
8. Industry Growth Drivers
10. Risk Analysis
11. Competitive Landscape
- Aetrex Worldwide Inc.
- DJ Global
- Darco International
- Duna SRL
- HongKong Grace Shoes Development
- Medline Industries
- Orhto Europe
- Podartis SRL
For more information visit http://www.researchandmarkets.com/research/sskd2w/global_diabetic