Diabetic Footwear Market

Global Diabetic Footwear Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2024-2030, The increasing prevalence of diabetes and the growth of research and development activities are key drivers behind the rising demand for diabetic footwear in the global market.

The Global Diabetic Footwear Market is valued at USD 7.81 Billion in 2023 and is expected to reach USD 13.3 Billion by 2030 with a CAGR of 7.9% over the forecast period.

Scope of Global Diabetic Footwear Market Report-

Diabetic footwear is designed with special shoes to protect feet from forces that can break down skin and cause hazardous sores and ulcers. It provides support and protection, even though it reduces pressure points on the feet. They also have extra depth for putting up diabetic inserts. It keeps ulcers from forming and prevents foot strains and calluses. This shoe design has a protective interior made from soft material with stitching that does not swell and will not rub on the feet. Non-binding uppers, stretchable uppers, orthotic support, extra-depth design for a pressure-free fit, a deep toe box, functional soles, and other features are available in diabetic footwear.

The COVID-19 outbreak has a slightly negative impact on the global diabetic footwear market in the year 2020. Due to lockdown restrictions, supply chains have been disrupted, so most factories and manufacturing facilities have shut down. All these things have adversely affected the global diabetic footwear market. The pandemic also brought about a significant shift in consumer behavior. As restrictions and health concerns led to reduced foot traffic in retail stores, diabetic footwear sales in physical stores were adversely impacted. Individuals with diabetes, who are more vulnerable to severe outcomes from COVID-19, often opted to stay home, which reduced the demand for in-store purchases. Financial constraints resulting from the economic challenges brought on by the pandemic also influenced consumer behavior. With job losses and economic uncertainties, some individuals became more price-sensitive when it came to purchasing diabetic footwear. They may have explored more affordable alternatives, impacting the sales of higher-end diabetic shoes.

The global diabetic footwear market is segmented based on type, end user, distribution channel. Based on type, the diabetic footwear market is segmented into shoes, sandals, and slippers. Based on end user, it is classified into men and women. Based on distribution channel, the diabetic footwear market is divided into online platform, specialty stores, footwear stores, and others.

The regions covered in this global diabetic footwear market report are Asia-Pacific, North America, Europe, and the Rest of the World. Based on a country level, the market of diabetic footwear is subdivided into the U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, Southeast Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.

Key Players:

• Aetrex Worldwide
• Apis Footwear Company
• Casa Everz GmbH
• DARCO Medical India Pvt. Ltd
• DJO Global Inc.
• Zen Products, Inc.
• Drew Shoes, Finn Comfort
• I-Runner
• Oasis Footwear
• Orthofeet Inc.
• Pilgrim Shoes
• Podartis Srl
• Reed Medical Ltd.

Market Segmentation

By Footwear Type:

• Shoes
• Sandals
• Slippers

By End user:

• Men
• Women

By Distribution Channel:

• Online platform
• Specialty stores
• Footwear stores
• Other

News: -

Diabetic footwear was introduced by Von Wellx in Germany

On December 13^th, 2021- Von Wellx Germany diabetes shoes are based on international patented reflex zone technology. Von Wellx Germany has launched a diabetic footwear product. It is just like walking barefoot on grass, thus increasing blood circulation and oxygen.

Global Diabetic Footwear Market Dynamics–

The rising prevalence of diabetic patients is driving the growth of the global diabetic footwear market. Diabetic footwear is very helpful and comfortable to use for diabetic patient treatment. They help reduce the damage to the skin in diabetic patients with pre-existing diet problems. Therefore, diabetic patients increasingly focus on using diabetic footwear. For example, according to the National Library of Medicine on February 17^th, 2021, therapeutic footwear is used to prevent ulcer recurrence in patients with a history of diabetic feet. Additionally, according to World Health Organization data for 2022, globally, nearly 422 million people have diabetes, and 1.5 million deaths are directly attributed to diabetes each year. Both the number of cases and the prevalence of diabetes have been steadily increasing over the past few years. Diabetic footwear gives extra protection and comfort to their sensitive feet. As a result, the market for global diabetic footwear is expanding.

The increase in research and development activities, as well as technological advancements and modernization, are driving factors in the global diabetic footwear market. For example, according to Indian Institute of Science researchers in the department of mechanical engineering, research has developed a set of unique self-regulating footwear for people with diabetes. The footwear, which consists of specially designed sandals, is 3D printed and can be tailored to an individual's foot dimensions and walking style. Additionally, according to the Counseling of Scientific and Industrial Research on March 11^th, 2022, the CSIR successfully conducted research, designed, and developed a webinar on diabetic footwear. Diabetic footwear provides better motion control and promotes circulation, as well as reducing foot problems in high-pressure areas of the foot and others. Therefore, there is an increasing demand for research and development activities.

However, the higher cost of diabetic shoes and less awareness about global diabetic footwear are projected to restrain the market's growth. Furthermore, technological and medical advancements are expected to bode well for market growth in the global diabetic footwear market in the near future.

Global Diabetic Footwear Market Regional Analysis–

Geographically, North America accounts for the leading share of the diabetic footwear market. Rising awareness of diabetes among the public has resulted in rising demand for diabetic footwear in the region. Diabetic footwear has several advantages for the patient, including improved motion control, increased circulation, the prevention of skin breakdown, and many other beneficial factors that will drive the North American region. For example, according to the American Diabetes Association, the organization is focused on programme in the U.S. to raise awareness of diabetes, its protection, and its treatment among the general population. The result is to raise the demand for diabetic footwear and launch new products from manufacturers and new technological inventions. For example, according to the Innovation News Network on April 01^st 2022, the University of Texas has developed a self-adjusting shoe insole to relieve pressure from diabetic foot ulcers. Additionally, on May 04^th 2019, the Diabetic Foot and Self-Awareness Survey at the Mexican Institute of Social Security in Puebla included 360 patients surveyed to relate the level of knowledge about self-care of the feet in diabetic patients to its stages. Therefore, the North American diabetic footwear market is rising due to increasing awareness of the causes of diabetes among the population.

Asia-Pacific is the second-dominant region of the diabetic footwear market. Diabetic shoes reduce the risk of diabetic foot ulcers, lowering the risk of complications, and thus increasing demand for diabetic footwear in the Asia-Pacific region. For example, the high prevalence of diabetes in India was reported in the Indian Journal of Ophthalmology in November 2021. Furthermore, according to the Economic Times of November 12^th, 2021, nearly 74 million people in India suffer from diabetes. It has produced significant reductions in peak plantar pressure in static and dynamic analysis and, being more efficient than common footwear, could contribute to the prevention of injuries associated with diabetic feet. Hence, there is increasing demand for diabetic footwear, such that China is a rapidly expanding market for therapeutic shoes.

By Regional & Country Analysis:

• North America

• U.S.
• Mexico
• Canada

• Europe

• UK
• France
• Germany
• Italy

• The Asia Pacific

• China
• Japan
• India
• Southeast Asia

• South America

• Brazil,
• Argentina
• Columbia

• The Middle East and Africa

• GCC
• Africa
• Rest of the Middle East and Africa

Key Benefits of Diabetic Footwear Market Report–

• Diabetic footwear market report covers in-depth historical and forecast analysis.
• Diabetic footwear market research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
• Diabetic footwear market report helps to identify opportunities in the marketplace.
• Diabetic footwear market report covers extensive analysis of emerging trends and competitive landscape.

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