Overview and Scope
Diabetic footwear refers to therapeutic footwear that is broader and deeper than conventional shoes and made of special protective inserts and soft materials. It includes a larger toe box to avoid squeezing the toes and reduce the possibility of bottom blisters (ulcers) produced by disunion and pressure. The diabetic footwear is used to relieve pressure and calluses on the bottom of the foot.
Sizing and Forecast
The diabetic footwear market size has grown rapidly in recent years. It will grow from $7.86 billion in 2023 to $8.67 billion in 2024 at a compound annual growth rate (CAGR) of 10.3%. The growth in the historic period can be attributed to diabetes prevalence, aging population, diabetic foot complications, footwear comfort and support, and growing health awareness.
The diabetic footwear market size is expected to see strong growth in the next few years. It will grow to $12.58 billion in 2028 at a compound annual growth rate (CAGR) of 9.8%. The growth in the forecast period can be attributed to growing diabetic foot health education, footwear for active lifestyles, sustainable and eco-friendly materials, emerging market expansion, and growing non-invasive monitoring technologies. Major trends in the forecast period include personalized orthopedic footwear, technological footwear innovations, telehealth and remote consultations, technological innovations, and strategic partnerships.
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Segmentation & Regional Insights
The diabetic footwear market covered in this report is segmented –
1) By Type: Shoes, Sandals, Slippers
2) By Distribution Channel: Online Platform, Specialty Stores, Footwear Stores, Other Distribution Channles
3) By End User: Men, Women
Top Major Players
Podartis Srl Co.
DJO Global Inc.
Aetrex Worldwide Inc.
Dr. Zen Products Inc
Orthofeet Inc.
North America was the largest region in the diabetic footwear market in 2023. The regions covered in the diabetic footwear market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
The increase in the number of diabetic patients will propel the growth of the diabetic footwear market going forward. Diabetes is a chronic health condition that results in high blood glucose levels. Diabetic footwear can help prevent serious foot health complications that can arise as a result of diabetes and also provide the necessary benefits such as increased blood circulation, a wide toe box, and massaging to reduce pressure in the areas of the foot that are most susceptible to pain. For instance, in 2021, according to the report published by the International Diabetes Federation, a Belgium-based umbrella organization of 230 national diabetes associations, there were 537 million people suffering from diabetes around the world 2021, respectively. Also, by 2030, the overall number of diabetics is expected to reach 643 million, and by 2045, it will reach 783 million. Therefore, the increasing number of diabetic patients is driving the growth of the diabetic footwear market.
Key Industry Players
Major companies operating in the diabetic footwear market include Podartis Srl Co., DJO Global Inc., Aetrex Worldwide Inc., Dr. Zen Products Inc., Orthofeet Inc., Dr. Comfort llc, Drew Shoe Corp., New Balance Inc., I-Runner, Finn Comfort USA Inc., Pilgrim shoes & Sewing Machine Co. Inc., Diabetic Soles Inc., Hanger Inc., Hush Puppies Retail Inc., Etonic Worldwide LLC, DARCO International Inc., Apex Foot Health Industries LLC, Propét USA Inc., Toback Podiatry PLC, Anodyne Shoes LLC, P.W. Minor and Son Inc., Pedorthic Shoe Company, Vionic Group LLC, San Antonio Shoe Inc., PediFix Inc., Scholl’s Wellness Company LLC, Orthotic Shop Inc., Orthopedic Footwear LLC, ORTHO BioVue, OrthoPro Services Inc.
The diabetic footwear market report table of contents includes:
1. Executive Summary
2. Diabetic Footwear Market Characteristics
3. Diabetic Footwear Market Trends And Strategies
4. Diabetic Footwear Market – Macro Economic Scenario
5. Global Diabetic Footwear Market Size and Growth
………………………..
31. Global Diabetic Footwear Market Competitive Benchmarking
32. Global Diabetic Footwear Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Diabetic Footwear Market
34. Diabetic Footwear Market Future Outlook and Potential Analysis
35. Appendix
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