Diabetic Footwear Market Consumption Analysis & Growth Trends And market Profile Report Till 2026


Posted February 25, 2022 by rohit890

Diabetes is a chronic disease caused by lack or lower levels of insulin in the body.
 
Market Overview

Diabetes is a chronic disease caused by lack or lower levels of insulin in the body. A person suffering from diabetes may develop sores, abscesses, ulcers, or loss of sensation in parts of the body, predominantly in feet. The exceptional design of diabetic footwear aids in protecting the patient’s feet from injuries. According to World Health Organization (WHO), in 1980, the number of diabetic patients was108 Mn, which in reached 422 Mn in 2014. Primary reason behind this growth in number is the busy lifestyle of urban society along with increased intake of sugar and other artificial sweeteners.

Unique properties of diabetic footwear help heal a variety of diabetic conditions such as inadequate blood circulation to legs and thus, help address foot pain and ulcers. Diabetes is classified as Type 1, Type 2, and gestational diabetes. Type 2 diabetes, the most common type, is caused mainly due to obesity and reduced physical activity. Global diabetic footwear market is largely driven by the rising cases of diabetes, increased spending on diabetes treatment, and growing geriatric population, characterized by high incidence of diabetes.

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Market Dynamics

Asia Pacific was the largest market for diabetic footwear in 2016 and is expected to retain its dominance during the forecast period. The high number of diabetics globally is expected to result in an increase in demand for diabetic footwear, thus leading to the growth of the global diabetic footwear market. The high population of diabetics in India and China is a major driving factor for the market growth in Asia Pacific. This can be attributed to the changing lifestyles and increasing urbanization in these countries. Asia Pacific diabetic footwear market is expected to exhibit a CAGR of 8.07% during the forecast period. North America is the second largest region, valued at US$ 1,179.9 Mn in 2016 and is expected to expand at a CAGR of 7.91% during the forecast period.

Detailed Segmentation:

Global Diabetic Footwear Market, By Product Type:

Sandals

Shoes

Slippers

Global Diabetic Footwear Market, By Distribution Channel:

Online Stores

Supermarkets

Hypermarkets

Specialty Stores

Others

Global Diabetic Footwear Market, By End User:

Male

Female

Kids

Some of the major players in the global diabetic footwear market include Podartis S.r.l., Aetrex Worldwide Inc., Orthofeet Inc., Etonic Shoes, Drew Shoe, Dr. Comfort, DARCO International, Duna S.r.l, and Hong Kong Grace Shoes, among others.


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Last Updated February 25, 2022