Intelligencemarketreport.com Publish a New Market Research Report on “Diabetic socks Market – Global Research Report 2021-2027”.
Diabetic socks market is valued at approximately USD 207.7 million in 2020 and is anticipated to grow with a healthy growth rate of more than 5.5% over the forecast period 2021-2027. Diabetes is a syndrome that occurs when nerves are destroyed as a result of high blood sugar levels. It begins with a loss of sensation in the feet and legs and can progress to foot ulcers. According to the American Diabetes Association, around 50 percent of persons with type 2 diabetes and 20% of people with type 1 diabetes have experienced nerve damage. Diabetic socks provide needed support and modest compression to the legs and feet, making them a preventative measure. During the forecast period, rising awareness of the benefits of these socks is likely to increase demand. The market is likely to be driven by an increase in the number of diabetic patients around the world. According to Diabetes UK, about 415 million people worldwide had diabetes in 2019, accounting for 1 in 11 of the world’s adult population. By 2040, the number of people living with diabetes in the world is predicted to climb to 642 million.
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Key Company profiles included in this report are:
BSN Medical
SIGVARIS
SIMCAN
3M
Syounaa
HangZhou Aidu Trading Co., Ltd.
Soyad Brothers LLC.
DJO, LLC
PediFix Inc.
Cupron
The Diabetic socks market research examines market estimates and predictions in great detail. It also aids in the execution of these findings by demonstrating tangible advantages to business stakeholders and industry leaders. Every company must anticipate how their product will be used in the future. Given the current state of uncertainty caused by the COVID-19 scenario, this research is critical for better understanding previous disruptions and increasing readiness for the next steps in decision-making. The most recent study attempts to simplify the complex market for corporate executives by providing strategic insights and exhibiting resiliency in unexpected conditions.
On a worldwide and regional level, the research report provides projections and analyses for the Diabetic socks market. The research covers historical data as well as a revenue forecast (USD Million). The report examines the market’s drivers and restraints, as well as how they will effect demand in the future. The research also examines global and regional market opportunities. The report delves into the markets many drivers, limitations, and opportunities in great depth. The report’s main drivers are explored, as well as their impact on the industry’s growth in recent years and the next years. Furthermore, the business’s substantial development potential will aid in comprehending the industry’s rapidly altering dynamics and developing future strategies.
Market Segmentation
By segmenting the Diabetic socks market by type, application, and geography, the study provides a critical perspective on the market. All market segments have been examined in terms of current and future developments. This study will determine the most profitable sub-segments in terms of revenue contribution for both the base year and the forecast year. The report also includes the fastest-growing sub-segments and their main growth factors.
Diabetic socks Market Segmentation Listed Below:
By Product:
Ankle length
Calf length
Knee-length
By Distribution Channel:
Hypermarkets
Pharmacy & Drug stores
E-commerce
Others
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Competitive Outlook
The purpose of this study is to provide market participants with a thorough picture of the competitive landscape in the Diabetic socks market, as well as a look at Porter’s Five Forces model for the industry. The study includes a market attractiveness analysis, in which all segments are assessed in terms of market size, growth rate, and overall attractiveness.
The study examines key market strategic developments such as acquisitions and mergers, new product launches, agreements, partnerships, collaborations, and joint ventures, research and development, and geographic expansion of top competitors in the Diabetic socks market on a worldwide and regional level.
Table of Contents -Major Key Points
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Million)
1.2.1. Diabetic socks market , by Region, 2019-2027 (USD Million)
1.2.2. Diabetic socks market , by Product, 2019-2027 (USD Million)
1.2.3. Diabetic socks market , by Distribution Channel, 2019-2027 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Diabetic socks market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Diabetic socks market Dynamics
3.1. Diabetic socks market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Increase in aging population and rise in prevalence of diabetes
3.1.1.2. Increased per capita income and increased spending on diabetes treatment
3.1.2. Market Restraint
3.1.2.1. Lack of awareness towards diabetic socks
3.1.3. Market Opportunities
3.1.3.1. Budding role of e-commerce and brand expansion in diabetic socks
Chapter 4. Global Diabetic socks market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Diabetic socks market , by Product
5.1. Market Snapshot
5.2. Global Diabetic socks market by Product , Performance – Potential Analysis
5.3. Global Diabetic socks market Estimates & Forecasts by Product 2018-2027 (USD Million)
5.4. Diabetic socks market , Sub Segment Analysis
5.4.1. Ankle length
5.4.2. Calf length
Continued…
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