[FURL=https://www.industryarc.com/Report/15488/ortho-diabetic-hicap-footwear-market.html]Ortho Diabetic and Handicap Footwear Market[/FURL] size is estimated to reach $10.7 Bn by 2025, growing at a CAGR of 2.9% during the forecast period 2020-2025. Diabetes is a type of health issue that is affected in recent times. Around 6 percent of the global population is affected by diabetes and mostly in the aging population. The increased glucose in the blood is the major cause if this disease and caused neurological problems and slows down the healing process in the body which caused any infections. The increase in demand for footwear as they help in good blood circulation to the body and the handicapped footwear, which help handicapped consumers to get back to walk is driving the growth of the market during the forecast period 2020-2025.Key Takeaways
Geographically, North America’s Ortho Diabetic and Handicap Footwear Market accounted for the highest revenue share in 2019 and it is poised to dominate during the forecast period 2020-2025 owing to the high disposal income and increasing health care infrastructure.
The increase in health concern, increasing awareness about handicap footwear and increased prevalence of diabetes are driving the market for Ortho Diabetic and Handicap Footwear Market during the forecast period.
The ortho diabetic and handicapped footwear helps the patients to get good blood circulation for diabetic patients and also help the handicapped people to get some artificial legs for them, these uses are driving market during forecast period.
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Ortho Diabetic and Handicap Footwear Market Segment Analysis - By Geography
Based on Geography the global Ortho Diabetic and Handicap Footwear Market is segmented into North America, Europe, Asia-Pacific and the Rest of the World. North America had a dominant share in terms of revenue in 2019 and it holds the largest market share during the forecast period 2020-2025 owing to the increased usage of diabetic footwear by the diabetic patients. The increase in the population and prevalence of diabetes in the aging population are driving the market in the Asia-Pacific region.
Ortho Diabetic and Handicap Footwear Market Drivers
High prevalence of diabetes
The increase in diabetes, which is causing trouble in blood circulation is the major driver for the ortho diabetic and handicapped footwear market. The increase in the usage of the footwear by the handicapped people are supporting the growth of the market during the forecast period 2020-2025.
Key companies of this market are Medline Industries, Sigvaris Inc., DARCO International Inc., Hong Kong Grace Shoes Development Co Ltd., Ortho Europe Inc., Duna Srl, Thuasne Inc., Podartis Srl, Supreme Health Care Bangalore Private Limited, Drew Shoe Corporation, and others.
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