Healthcare Global Diabetic Footwear Market | Page 3

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Rise in the Prevalence of Diabetes in the World
Continuous rise in the prevalence of diabetes across the globe is anticipated
to impel the demand for diabetic footwear (shoes) during the forecast
period. For instance, the global incidence of diabetes among adults rose to
9.2% in 2014 from 6.6% in 2010.
Increase in the Spending on Diabetes Treatment
Rise in the spending of diabetes treatment is expected to supplement the
growth of diabetic footwear (shoes) market. Furthermore, most of the
countries have expanded their diabetic budget spending. For instance,
National Health Services of U.K. has planned a 17.2% expansion of its
budget for diabetes cure by the end of 2035. Although, high cost of diabetic
shoes and lack of awareness is likely to inhibit the growth of the Global
Diabetic Footwear (shoes) Market in the near future.
The report titled “Global Diabetic Footwear (Shoes) Market
Analysis & Opportunity Outlook 2021” delivers detailed overview of
the global diabetic footwear (shoes) market in terms of market
segmentation by demography, by inpatient and outpatient, by retail
distribution and by region. 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.
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