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DIABETIC FOOTWEAR MARKET ANALYSIS

Diabetic Footwear Market, By Product Type (Sandals, Shoes, and Slippers), By Distribution Channel (Offline and Online), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

  • Published In : Jun 2024
  • Code : CMI744
  • Pages :140
  • Formats :
      Excel and PDF
  • Industry : Consumer Goods

Diabetic Footwear Market Size and Trends

The diabetic footwear market is estimated to be valued at USD 8.92 Bn in 2024 and is expected to reach USD 14.80 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031.

Diabetic Footwear Market Key Factors

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The market is expected to witness a positive growth trend over the forecast period. The increasing prevalence of diabetes around the globe is expected to be a key factor driving the demand for diabetic footwear. Additionally, rising awareness regarding the benefits of proper footwear in preventing diabetic foot complications, such as foot ulcers and amputation, is expected to further aid the market growth. Growing obese and geriatric population prone to develop diabetes also present potential growth opportunities for diabetic footwear manufacturers. However, the availability of alternative treatments and consumer preference towards general footwear may hamper the market growth to some extent during the forecast period.

Rising Diabetic Population

The prevalence of diabetes has been steadily increasing over the past few decades. It has now reached pandemic proportions globally with over 460 million people suffering from the condition according to the latest estimates. Developed nations have seen diabetes rates rise dramatically primarily due to lifestyle changes such as increased consumption of processed foods, reduced physical activity, etc. But more alarmingly, developing regions are also witnessing a spike in diabetes prevalence driven by factors like urbanization, adoption of western diets, and more sedentary work habits in modernizing societies. As populations continue to age and diabetes susceptibility further escalates in countries undergoing nutrition transition, the diabetic population worldwide is expected to grow over the coming years.

With a larger base of diabetics constantly at the risk of developing foot complications, the demand for specialized footwear offering protection, comfort and convenience is likely to augment significantly. Even minor foot injuries or infections that do not receive prompt medical attention can potentially lead to gangrene or amputation in diabetics. Hence diabetes patients feel an urgent need for wearing therapeutic shoes and inserts which provide proper support, deep heel cups, and cushioned soles to reduce pressure points and prevent ulcers or sores on the feet. Some may also prefer convenient features like easy on-off slip on designs, broad toe boxes and Velcro straps for hassle-free use. Rising awareness about basic self-care measures for controlling diabetes is motivating more patients to spend on precautionary items like anti-blister footwear that could save them from severe health issues and medical costs down the line.

Market Concentration and Competitive Landscape

Diabetic Footwear Market By Product Type

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Advancements in Technology and Materials

Technological innovations are driving enhanced product offerings in the diabetic footwear segment. Material sciences, cushioning technologies, 3D printing, and digitization of manufacturing processes have allowed brands to develop novel diabetic shoe styles with improved performance and comfort attributes. For example, some companies now use durable yet highly breathable mesh and microfiber uppers combined with lightweight memory foam or specialty gel footbeds molding according to foot contours for personalized cushioning. 3D scanners help create customized 3D printed insoles constructed from responsive polymers delivering targeted pressure relief. Inserts are infused with active ingredients like cinnamon extracts proven to reduce blood glucose levels. Sensor-enabled smart shoes continuously monitor plantar pressures and gait patterns, notifying users of potential problem zones on their feet.

Key Takeaways from Analyst:

The diabetic footwear market appears poised for steady growth driven primarily by the rising global diabetic population. The market is expected to experience increased demand as patients become more aware of the role specialized footwear can play in diabetic foot care and ulcer prevention. The wider availability of insurance coverage and subsidies for therapeutic footwear in major markets will further support uptake.

North America currently dominates the space but Asia Pacific is projected to emerge as the fastest growing region due to India and China having enormous diabetic populations. Within Asia Pacific, Japan also displays potential for above average gains given the country's focus on preventative healthcare. Europe is anticipated to witness moderate expansion as more nations start covering the cost of extra wide or depth shoes through national health programs.

Retailer and brand investment in R&D to design differentiated, value added products will be critical to sustaining interest and capturing greater market share. Multi-layered, anti-microbial, and custom fitting options could strengthen value propositions. Manufacturers may face constraints from rising labor and raw material expenses. Additionally, the inability of some participants to comply with updated regulatory guidelines pertaining to safety and efficacy could disrupt their operations.

Market Challenges: High cost of customized diabetic footwear

The high cost of customized diabetic footwear is a major factor restraining the growth of the global diabetic footwear market. Customized diabetic shoes are essential for people with diabetes as they are designed especially for each individual based on their foot structure, pressure points and abnormal foot shapes caused by diabetes. However, the process of customization increases the cost of manufacturing significantly. Custom shoes require specialized molds of individual feet which have to be prepared by a certified pedorthist or footwear specialist. The mold preparation, extra padding and additional modifications push the prices up. For example, a basic pair of customized diabetic shoes on an average costs between USD400 to USD800 in the United States whereas regular non-specialized casual shoes are available for less than USD100.

Market Opportunities: Emerging markets in Asia Pacific and Latin America

The emerging markets in Asia Pacific and Latin America possess huge potential for growth in the global diabetic footwear market. These regions are witnessing rising health awareness combined with rapidly growing middle-class populations that are willing to spend more on managing chronic diseases like diabetes.

The footwear industry in these emerging markets has responded proactively to cater to this demand. Local manufacturers have invested in extensive research and development to roll out fashionable yet therapeutic ranges. International brands too have amplified their distribution networks within these fast-growing territories. This ensures availability and affordability of diverse styles across various price points. Meanwhile, e-commerce has empowered customers to conveniently shop from home during the pandemic. Enhanced access through multiple convenient channels is helping to popularize diabetic footwear like never before.

Diabetic Footwear Market, By Product Type

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Insights by Product Type: The Dominant Style:

In terms of product type, shoes contribute the highest share of the diabetic footwear market owing to their versatility and functionality with 40.3% share in 2024. Shoes are the most commonly worn style by people with diabetes for day-to-day activities. Their secure closure and full coverage of the foot make shoes preferable over other styles for active lifestyles.

Shoes offer protection, support, and traction that help prevent injuries to sensitive feet. Their snug fit around the heel, ankle and midfoot minimize foot movement and reduce strain on problem areas like blisters and calluses. Built-in arch support and cushioned soles evenly distribute weight to avoid pressure points. Breathable uppers keep feet cool and dry.

The wide assortment of shoe designs caters to different activities from casual wear to sports. Lightweight walking shoes are comfortable for short distances while sturdier athletic shoes work for more strenuous exercise. Fashionable leather dress shoes allow for professional settings. Slip-resistant soles and padded heels enable mobility both indoors and outdoors.

Insights by Distribution Channel: Offline Retail Dominates the Diabetic Footwear Market

When it comes to distribution channel, offline segment accounts for the highest share of the diabetic footwear market owing to specialized fitting and service needs. People with diabetes often require guidance from trained sales associates to select properly sized shoes and customized inserts that lowers their risk of foot complications.

Specialized healthcare stores employ knowledgeable staff with certifications to evaluate foot shape, gait, problems areas, and recommend suitable styles. They maintain large inventories of widths and depth sizes along with tools for precise measurements and fittings. Necessary alterations are sometimes made on-site for perfect comfort and support.

In addition, podiatrists and endocrinologists directly refer patients to retail partners for prescribed solutions. Post-purchase support includes follow up fittings and adjustments as clinical needs change over time. Some stores host educational workshops and support groups boosting customer loyalty and referrals. For those in rural areas with limited specialty access, mass brand stores still offer a physically present experience with basic staff assistance. Individual attention builds confidence to self-manage diabetes through proper footcare. Offline browsing allows comparing styles by feel and quality assurance before purchase. While online shopping grows in popularity, the specialized nature of diabetic footwear needs knowledgeable human intervention for ongoing success. This makes offline channels ahead in fulfilling the demand for informed guidance driving their market predominance over virtual options so far.

Regional Insights

Diabetic Footwear Market Regional Insights

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North America has emerged as the dominant region in the global diabetic footwear market. North America alone accounts for over 51.2% of the market share in 2024, due to rising the prevalence of diabetes and growing awareness about managing the disease. The presence of leading footwear brands, such as Dr. Comfort, Orthofeet, Aetrex, and Drew, has strengthened the distribution and supply chain network across the region. Moreover, several medical insurance policies in the U.S. provide coverage for custom-molded diabetic shoes, which has propelled the sales in the past decade.

Apart from having a large customer base of diabetic population, North America is also a key exporter of diabetic footwear to other developed markets. Leading manufacturers leverage free trade agreements to expand exports from the U.S. and Canada. They focus on European countries, Asia Pacific, and Middle Eastern markets that have high demand but limited local production. The pricing of diabetic shoes varies across different U.S. states, with average footwear cost ranging from USD 200 to USD 500 depending on customization and material used.

Asia Pacific has emerged as the fastest growing regional market for diabetic footwear. China accounts for the largest share within the region primarily due to rising geriatric population and growing prevalence of diabetes. The Chinese government has incorporated measures to educate people about diabetes management and foot care. This has boosted the adoption of specialty footwear for therapeutic purposes. India is another prominent market in Asia Pacific led by increasing health awareness, rapid urbanization, and large patient pool. Overall, the Asia Pacific market has high potential owing to unmet needs in diabetes management and an evolving retail landscape for specialty medical products.

Market Report Scope

Diabetic Footwear Market Report Coverage

Report Coverage Details
Base Year: 2023 Market Size in 2024: US$ 8.92 Bn
Historical Data for: 2019 To 2023 Forecast Period: 2024 To 2031
Forecast Period 2024 to 2031 CAGR: 7.5% 2031 Value Projection: US$ 14.80 Bn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East & Africa: GCC Countries, Israel, South Africa, and Rest of Middle East & Africa
Segments covered:
  • By Product Type: Sandals, Shoes, and Slippers
  • By Distribution Channel : Offline and Online 
Companies covered:

Enovis companies, Pilgrim Shoes, Drew Shoe, Casa Everz Gmbh, DARCO Medical India Pvt. Ltd., Anodyne, Apis Footwear Company, Propét USA, Inc., Pedors247, Reed Medical Ltd, Oasis Footwear, Podartis Srl, Aetrex Worldwide, DJO Global Inc., Dr. Zen Products, Inc., and Orthofeet Inc

Growth Drivers:
  • Rising diabetic population
  • Advancements in technology and materials 
Restraints & Challenges:
  • High cost of customized diabetic footwear
  • Limited existence of specialty stores 

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Diabetic Footwear Industry News

  • In May 2022, Anodyne, LLC, a major provider of clinical footwear products most typically prescribed for diabetic patients, announced that HealthEdge Investment Partners, LLC a healthcare-focused private equity fund, had finalized an investment in the company
  • In May 2022, Enovis, a global medical technology firm, had acquired 360 Med Care Pty Ltd, an Australia-based orthopaedic startup. The goal is to improve patient outcomes throughout the orthopaedic care process.
  • In December 2021, Casa Everz Gmbh, the owner of Germany-based footwear brand Von Wellx launched diabetic footwear. These diabetes shoes are based on internationally patented reflex zones technology. It was invented by famous Dr Walter Mauch.
  • In 2021, Von Wellx Germany launches Diabetic Footwear

*Definition: The diabetic footwear market consists of specialized footwear designed specifically for people with diabetes. The shoes are made with extra depth and width to accommodate swollen, deformed, or sensitive feet caused by diabetes. They have removable insoles to enable inspection of the feet, stretch sides to ease putting on and taking off, and slip-resistant and cushioned soles to minimize foot injuries. The shoes aim to reduce the risk of foot ulcers and lower limb amputations that are common complications of diabetes.

Market Segmentation

  • Product Type Insights (Revenue, USD Bn, 2019 - 2031)
    • Sandals
    • Shoes
    • Slippers
  •  Distribution Channel  Insights (Revenue, USD Bn, 2019 - 2031)
    • Offline
    • Online
  • Regional Insights (Revenue, USD Bn, 2019 - 2031)
    • North America
      • U.S.
      • Canada
    • Latin America
      • Brazil
      • Argentina
      • Mexico
      • Rest of Latin America
    • Europe
      • Germany
      • U.K.
      • Spain
      • France
      • Italy
      • Russia
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • Australia
      • South Korea
      • ASEAN
      • Rest of Asia Pacific
    • Middle East & Africa
      • GCC Countries
      • Israel
      • Rest of Middle East & Africa
  • Key Players Insights
    • Enovis companies
    • Pilgrim Shoes
    • Drew Shoe
    • Casa Everz Gmbh
    • DARCO Medical India Pvt. Ltd.
    • Anodyne
    • Apis Footwear Company
    • Propét USA, Inc.
    • Pedors247
    • Reed Medical Ltd
    • Oasis Footwear
    • Podartis Srl
    • Aetrex Worldwide
    • DJO Global Inc.
    • Dr. Zen Products, Inc.
    • Orthofeet Inc

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About Author

Sakshi Suryawanshi is a Research Consultant with 6 years of extensive experience in market research and consulting. She is proficient in market estimation, competitive analysis, and patent analysis. Sakshi excels in identifying market trends and evaluating competitive landscapes to provide actionable insights that drive strategic decision-making. Her expertise helps businesses navigate complex market dynamics and achieve their objectives effectively.

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Frequently Asked Questions

The global Diabetic Footwear Market size is estimated to be valued at USD 8.92 billion in 2024 and is expected to reach USD 14.80 billion in 2031.

The CAGR of the global diabetic footwear market is projected to be 7.5% from 2024 to 2031.

Rising diabetic population and advancements in technology and materials are the major factors driving the growth of the global diabetic footwear market.

High cost of customized diabetic footwear and limited existence of specialty stores are the major factors hampering the growth of the global diabetic footwear market.

In terms of product type, shoes is estimated to dominate the market revenue share in 2024.

Enovis companies, Pilgrim Shoes, Drew Shoe, Casa Everz Gmbh, DARCO Medical India Pvt. Ltd., Anodyne, Apis Footwear Company, Propét USA, Inc., Pedors247, Reed Medical Ltd, Oasis Footwear, Podartis Srl, Aetrex Worldwide, DJO Global Inc., Dr. Zen Products, Inc., and Orthofeet Inc are the major players.

North America is expected to lead the global diabetic footwear market.
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