Diabetic Shoes Market (Product Type - Casual & Athletic Shoes, and Formal Shoes; End User - Men, and Women; Distribution Channel - Offline Channel, and Online Channel): Global Industry Analysis, Trends, Size, Share and Forecasts to 2028

A recent report ongoing study 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 the long term. The report is a comprehensive presentation of trends, forecasts, and dollar values of the global diabetic shoes market. According to the report, the global diabetic shoes market is projected to grow at a significant CAGR over the forecast period of 2022-2028. 

Market Insight

The diabetes population with foot injuries and changes to the foot’s shape makes regular shoes uncomfortable. Wearing shoes that are too tight or too loose can put you at risk for foot problems or even worse. Diabetic shoes are specifically designed to address foot conditions 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 people with diabetes worldwide drives the growth of the diabetic shoes market. According to the International Diabetic Federation, around 425 million adults were suffering from diabetes in 2016, projected to rise to 629 million by 2045. Furthermore, increasing awareness about complications associated with diabetes contributes to the expansion of the diabetic shoes 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 the surge in the number of health-conscious consumers promotes the growth of the diabetic shoes market. In addition, the extra cushioning provided in the diabetic shoe counteracts foot ulcers boosting the development of the diabetic shoes 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.

North America is anticipated to hold a dominant share in the global diabetic shoes 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 shoes 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. 

Segment Covered

The report on the global diabetic shoes market covers segments such as product type, end user, and distribution channel. On the basis of product type, the sub-markets include casual & athletic shoes, and formal shoes. 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 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 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 forecasts from 2022-2028. 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 insight into the market share of the leading players.