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Diabetic Shoes Market (End User - Men, and Women; Distribution Channel - Offline Channel, and Online Channel): Global Industry Analysis, Trends, Size, Share and Forecasts to 2027

  • Published : September, 2021

  • Rep Id : HC08715

  • Category : Healthcare & Medical Devices

  • Status : Published

A recent report published by Infinium Global Research on the diabetic shoes market provides an in-depth analysis of segments and sub-segments in the global as well as regional diabetic shoes market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional diabetic shoes market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global diabetic shoes market. According to the report, the global diabetic shoes market is projected to grow at a healthy CAGR over the forecast period of 2021-2027.

 

Market Insight

Diabetes population with foot injuries and their changes to the foot’s shape makes the regular shoes feel uncomfortable. Wearing shoes that is too tight or too loose can put you at risk for foot problems, or make foot problems even worse. Diabetic shoes are specifically designed to address foot conditions that are particular to persons with diabetes. People with diabetes have an increased risk of developing foot problems. Wearing specially designed shoes helps to reduce risk and promote healthy circulation in the feet of diabetic people.

 

Diabetes raises the risk of foot ulcers. A study suggests that each year 2.3% of diabetics develop a foot ulcer worldwide. The growing prevalence of diabetics worldwide drives the growth of the diabetic shoe market. As per the International Diabetic Federation, around 425 million adults were suffering from diabetes in 2016, which is projected to rise to 629 million by 2045. Furthermore, increasing awareness about complications associated with diabetes contributes to the expansion of the diabetic shoe market. The growing demand for non-invasive methodologies is one of the causes of the market. The rising awareness about self-care treatments regarding nail health, pediatric assessment, and supportive footwear and surge in the number of health-conscious consumers promotes the growth of the diabetic shoe market. In addition, the extra cushioning provided in the diabetic shoe counteract foot ulcers boosting the development of the diabetic shoe market. On the other side, the high costs of diabetic shoes hamper the growth of the market. Moreover, technological innovations create novel opportunities for the market. The COVID-19 pandemic has caused serious disruptions to the healthcare system and has revealed substantial healthcare disparities. The hospitals gave preference to COVID-19 cases over patients with other less-severe health conditions. Thus, the number of procedures performed on diabetes health conditions fell rapidly during the pandemic. This affected the demand for diabetic shoes in the countries which are affected the most by pandemics. However, the demand for diabetic shoes has surprisingly increased during the pandemic period.

 

North America is anticipated to hold a dominant share in the global diabetic shoe market owing to the growing prevalence of diabetes. As per the American Diabetes Association, every year there are around 1.5 million Americans are diagnosed with diabetes. Europe is expected to grow in the global diabetic shoe market with a healthy CAGR over the forecast period. The rising demand for diabetic shoes through online distribution channels in Europe propels the market growth in Europe. Asia-Pacific region is expected to have the fastest growth owing to the growing population, increasing disposable income, and rapid urbanization in developing countries.

 

Diabetic Shoes Market


Segment Covered

The report on global diabetic shoes market covers segments such as end user, and distribution channel. On the basis of end user, the sub-markets include men, and women. On the basis of distribution channel, the sub-markets include offline channel, and online channel.

 

Companies Profiled:

The report provides profiles of the companies in the market such as DJO Global Inc, Drewshoe, Incorporated, Finn Comfort, Aetrex Worldwide, Inc, Healer Health, LLC, OrthoFeet, Pilgrim Shoes, Podartis Srl, Propét USA, Inc., Advanced Diabetic Solutions, and Apexfoot.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the diabetic shoes market. Moreover, the study highlights current market trends and provides forecast from 2021-2027. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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