Global
Diabetic Socks Market is expected to grow at a significant CAGR in the upcoming
years as the scope, product types and its applications are increasing across
the globe. The primary features driving the growth of the market are growing
governments’ attention being conscious on diabetes treatment, diabetic
neuropathy, growing global healthcare expenditure, increasing demand for
diabetic socks owing to the rise in the occurrence of diabetes across the
globe, and changes in existence that upsurge the possibility of genomic
mutations. However, higher costs related to diabetic socks will limit revenue
growth of the diabetic socks.
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Diabetic
Socks Market is categorized based on product type, distribution channel,
material type, applications, and geography. Diabetic Socks Industry is
categorized based on product types such as Regular socks, Smart socks. Diabetic
Socks Industry is categorized based on material type into Polyester, Cotton,
Nylon, Spandex, Lycra, Others. Diabetic Socks Market is categorized based on
distribution channel into Online Stores, Retail Stores, Clinics, Modern Trade,
Pharmacies, Other healthcare facilities. Diabetic Socks Industry is categorized
based on application into Men, Women.
Diabetic
Socks Market is categorized based on geography into Asia Pacific (China, India,
ASEAN, Australia & New Zealand), Japan, Middle East and Africa (GCC
countries, S. Africa, Rest Of MEA), North America (U.S., Canada), Latin America
(Brazil, Rest of Latin America), Western Europe (Germany, Italy, France,
England, Spain, Rest of Western Europe), and Eastern Europe (Poland, Russia,
Rest of Eastern Europe).
North
America has been at the forefront with regards to the market and will continue
to rule the roost in the years to come. Some of the key players that fuel the
growth of the Diabetic Socks Market include Aertex, Eco Sox, Orth feet,
Therafirm, Foot Zen, Smart Knit, JOBST USA, Pedors, MediPeds. The key players
are focusing on inorganic growth to sustain themselves amidst fierce
competition. As such, mergers, acquisitions, and joint ventures are the need of
the hour.
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ReplyDeleteWell described!! Thanks for sharing very useful information on diabetic socks.
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