Product Code: CMI744
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.
Report Coverage |
Report 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: |
7.50% |
2031 Value Projection: |
US$ 14.80 Bn |
Figure. Diabetic Footwear Market Share (%), By Region 2024
The global diabetic footwear market has been witnessing significant growth over the past few years, driven by the rising global prevalence of diabetes. Diabetes-related foot complications are a major healthcare concern as unhealthy footwear can increase pressure points and risk of foot ulcers and amputations. Adoption of specially designed therapeutic shoes has increased among diabetes patients to effectively manage their footwear needs. These shoes are often prescribed by podiatrists to reduce pressure and trauma on feet. Advancements in materials and technologies have enabled manufacturers to offer customized, high-performance diabetic shoes for improving comfort levels and gait. Various awareness initiatives by health organizations regarding the importance of proper footwear and foot care are further boosting demand.
Market Dynamics:
The global diabetic footwear market is expected to register lucrative growth over the forecast period owing to rising factors such as growing geriatric population, increasing obesity rates, and diabetes management initiatives worldwide. According to recent studies, around 463 million adults are suffering from diabetes globally, and this number is projected to surpass 700 million by 2045. Favorable reimbursement policies for therapeutic shoes in developed countries are also propelling the market growth. However, higher costs compared to regular shoes along with lack of awareness in low-income nations remains key challenges. Nevertheless, market players are coming up with affordable product options to tap opportunities in developing markets. Ongoing research for advanced textile materials and foot scanner technologies offer new prospects for industry participants.
Key Features of the Study:
- This report provides in-depth analysis of the global diabetic footwear market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global diabetic footwear market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Enovis companies, Pilgrim Shoes, Drew Shoe, Casa Everz Gmbh, DARCO Medical India Pvt. Ltd., Anodyne, Apis Footwear Company, Propet USA, Inc., Pedors247, Reed Medical Ltd, Oasis Footwear, Podartis Srl, Aetrex Worldwide, DJO Global Inc., Dr. Zen Products, Inc., and Orthofeet Inc
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global diabetic footwear market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global diabetic footwear market
Detailed Segmentation-
- By Product Type:
- By Distribution Channel:
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- Enovis companies
- Pilgrim Shoes
- Drew Shoe
- Casa Everz Gmbh
- DARCO Medical India Pvt. Ltd.
- Anodyne
- Apis Footwear Company
- Propet USA, Inc.
- Pedors247
- Reed Medical Ltd
- Oasis Footwear
- Podartis Srl
- Aetrex Worldwide
- DJO Global Inc.
- Dr. Zen Products, Inc.
- Orthofeet Inc
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Distribution Channel
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Mergers and Acquisitions
4. Global Diabetic Footwear Market - Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting the Global Diabetic Footwear Market
- Impact Analysis
5. Global Diabetic Footwear Market, By Product Type, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Sandals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Shoes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Slippers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
6. Global Diabetic Footwear Market, By Distribution Channel, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Offline
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Online
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
7. Global Diabetic Footwear Market, By Region, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020-2031
- North America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- Latin America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn))
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031 (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- GCC Countries
- Israel
- Rest of Middle East & Africa
8. Competitive Landscape
- Market Share Analysis
- Company Profiles
- Enovis companies
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Pilgrim Shoes
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Drew Shoe
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Casa Everz Gmbh
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- DARCO Medical India Pvt. Ltd.
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Anodyne
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Apis Footwear Company
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Propet USA, Inc.
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Pedors247
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Reed Medical Ltd
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Oasis Footwear
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Podartis Srl
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Aetrex Worldwide
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- DJO Global Inc.
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Dr. Zen Products, Inc.
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Orthofeet Inc
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
9. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
10. Section
- References
- Research Methodology
- About Us and Sales Contact
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