Healthcare Global Diabetic Footwear Market | Page 2
“Global Diabetic Footwear (Shoes) Market Analysis &
Opportunity Outlook 2021”
The global diabetic footwear (shoes) market is segmented into demography
such as male diabetic footwear and female diabetic footwear. Among these
segments, male diabetic segment is expected to occupy top position in
overall diabetic footwear (shoes) market during the forecast period. As per
World Health Organization, the total number of male diabetic population is
higher than that of female diabetic population. This factor is expected to
augment the demand for male diabetic footwear (shoes) during the forecast
period.
Global Diabetic Footwear (shoes) Market is expected to flourish at a
CAGR of 8.27% over the forecast period. Moreover, the global diabetic
footwear (shoes) market is anticipated to garner USD 24,238 Million by the
end of 2021. Rising prevalence of diabetes, increasing demand for
customized diabetic footwear and rising spending on diabetic treatment are
some of the major factors behind the growth of diabetic footwear (shoes)
market.
Asia Pacific dominated the overall market of diabetic footwear (shoes) and
is expected to continue its dominance over the forecast period. Further,
high prevalence of diabetes in India and China is anticipated to impel the
growth of the diabetic footwear (shoes) market in Asia Pacific region. North
America diabetic footwear (shoes) market is anticipated to flourish at a
CAGR of 5.93% during the forecast period. According to Center for Disease
Control and Prevention, number of diabetic patients rises from 5.5 million
in 1982 to 22.0 million in 2014.
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