Global Diabetic Footwear Market to Signify Strong Growth by 2022-2028
The global diabetic footwear market is anticipated to grow at a CAGR of 6.1% during the forecast period (2022-2028). Diabetic footwear is specially made footwear that protects diabetic patients’ feet while also lowering the risk of skin breakdown caused by poor circulation, neuropathy, and foot abnormalities. Non-binding uppers, flexible uppers, orthotic support, extra depth design for a pressure-free fit, deep-toe-box, functional soles, and other features are included in diabetic footwear. Diabetic footwear is biomechanically designed and is frequently worn by athletes and regular people with diabetes-related foot deformities.
Some driving factors for the global diabetic footwear market are:
- Diabetic footwear with distinct vital components like raw material and comfort is becoming increasingly popular among diabetes patients across the globe, as they help to lower the risk of skin damage in diabetic patients with pre-existing diet issues.
- During the projected period, the global diabetic footwear market is expected to rise due to an increase in innovation and development activities by major market players to create customized and appealing diabetic footwear to satisfy the newest fashion trends, particularly among females.
Some major players in the market include Aetrex Worldwide, Inc., DJO Global, Inc., Dr. Zen Products, Inc., Drew Shoe Corp., and Ortho feet, Inc., among others. The market players are additionally, contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, in order to stay competitive in the market. For instance, in December 2021, Von Wellx Germany launched diabetic footwear. Shoes are based on international patented reflex zones technology and it is invented by Dr. Walter Mauch. The elevates function by massaging the pressure spots in feet where nerves from major diabetic organs such as the pancreas, liver, kidney, spleen, and others finish. It’s the same as walking barefoot on grass, wthat increases blood circulation and oxygen levels. The nerve feeling in the feet is also triggered as a result of the stimulation of the reflex zones in the feet.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By End-User
- By Distribution Channel
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Aetrex Worldwide, Inc., DJO Global, Inc., Dr. Zen Products, Inc., Drew Shoe Corp., and Ortho feet, Inc., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Diabetic Footwear Market Report by Segment
By Type
- Shoes
- Sandals
- Slippers
By End-User
- Men
- Women
By Distribution Channel
- Online Platform
- Specialty Stores
- Footwear Stores
- Others
The report will be delivered within 48-72 hours after payment confirmation