Diabetic socks market

1. Diabetic socks market was valued at USD 130.56 million in 2022 and is expected to reach USD 180.44 million by 2027, growing at a CAGR of 4.23% during the forecast period 2022-2027. diabetic socks is a non-restrictive, but close fitting sock which is designed to alleviate pressures on the foot or leg. Typically sufferers of diabetes are the most common users of this type of sock. Diabetes raises the blood sugar level, which can increase the risk of foot ulcers; these are the main factors that have considerably increased the demand for the diabetic socks in the market, thereby driving the huge growth of the diabetic socks market in the upcoming years To know more read: https://www.marketdataforecast.com/market-reports/diabetic-socks-market Market Drivers and Restrains: The main factors that have considerably increased the demand for the diabetic socks in the market is mainly due to the rise in the incidences of diabetes. Furthermore, the growing trend of diabetic socks because of their protective and non-invasive features is further anticipated to propel the growth of the diabetic socks market. Moreover, the cost efficiency, augmented health awareness amongst the younger generation is further estimated to cushion the growth of the diabetic socks market. On the other hand, the rise the price of the diabetic socks is further projected to impede the growth of the diabetic socks market in the timeline period; these are the main factors that have considerably increased the demand for the diabetic socks in the market, thereby driving the huge growth of the diabetic socks market in the upcoming years Ask for a sample report @ https://www.marketdataforecast.com/market-reports/diabetic-socks- market/request-sample Report is segmented as: Diabetic socks Market is segmented on the basis of by : By Product Type (Ankle Length, Calf Length, Knee Length), By Material (Cotton, Polyester, Nylon, Wool) By Distribution Channel (Hypermarkets, Pharmacy and Drug Stores, E-commerce, Others) Geographical Segmentation: North America Europe Asia Pacific Latin America Middle East & Africa.

2. North America has the dominant share in thediabetic socks is due to the highest number of children and adolescents with type-1 diabetes these are the main factors that have considerably increased the demand for the diabetic socks in the North America, followed by Europe, Asia Pacific, Latin America and Middle East & Africa will register a slower increase in the diabetic socks Market Impact of COVID-19 on Market Covid -19 pandemic has affected the growth of business of every sector and it also affected the growth of the diabetic socks market, and temporary lack of growth in export and import activities, which has impacted the rays of diabetic socks market growth. Covid-19 pandemic has impacted huge on the sales revenue of diabetic socks market. Due to the government restrictions like lockdown in many countries has shutdown the commercial and industrial establishments and also stopped in transportation these made huge loss for diabetic socks market. In recent days relaxation in restrictions by the government and people are getting vaccinated to stop the spread of corona virus. About Us: Market Data Forecast is a firm working in market research, business intelligence, and consulting. We have rich research and consulting experience for various business domains to cater to individual and corporate clients’ needs. Contact Us: Market Data Forecast Phone: +1-888-702-9626 Email: contact@marketdataforecast.com