Diabetic Footwear Market: Global Share, Size, Business Growth, Trend, Segmentation, Top Key Players Analysis

Diabetic Footwear Market

This diabetic footwear market report provides an analysis for the period from 2016 to 2026, where 2019 to 2026 is the forecast period with 2018 as the base year. This report on diabetic footwear covers an in-depth analysis of the market including statistical and subjective data points, along with the key market drivers and opportunities & restraints that have positive or negative effects on the overall global market.

An exclusive coverage has been provided for market drivers and challenges & opportunities for a country-level market in the respective regional segments. The report comprises a competitive analysis of the key players functioning in the market and covers in-depth data related to competitive landscape of the market and the recent strategies & products that will assist or affect the market in the coming years.

The global diabetic footwear market has been segmented on the basis different product type, distribution channels, and end-use. On the basis of different product types, the market has been segmented as slipper/sandals and shoes. By different distribution channels, the market has been segmented into online channels and offline channels. By different end-use, the market has been segmented into men and women.

The women end-user segment dominated the market in 2018 and is expected to display a similar trend in the coming years

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In terms of different end-users, the women segment dominated the market in 2018. The rising number of diabetic women has resulted in an increase in demand for diabetic footwear over the years. In addition to this, growing awareness about proper footcare and rapid penetration of online are some of the major factors that are boosting the demand for diabetic footwear.

The shoe segment dominated the market in 2018 and is expected to display a similar trend in the coming years

In terms of product type, the shoe segment dominated the market in 2018. This is attributed to high preference for shoes among the male and female population. Shoes are much preferable for office-going people, since formal attire includes shoes. The increasing number of working women populations over the years is also a major factor resulting in an increase in demand for diabetic shoes. Further, features such as option to wear shoes in different occasions or places, and added protection offered by diabetic shoes are also boosting the overall market growth.

The online distribution channel is expected to witness the fastest growth during the forecast period

In terms of distribution channels, the online channel is expected to witness the fastest growth during the forecast period. The rapid penetration of online retail and options of several brands in online platforms are increasing the demand for diabetic footwear. Manufacturers are focussing on displaying their products on online platforms with detailed product information, in order to grab the attention of a greater number of customers.

Asia Pacific dominated the market in 2018 and is expected to display a similar trend in the coming years

Asia Pacific dominated the market in 2018 and is expected to display a similar trend in the coming years. The region is also expected to witness the fastest growth during the forecast period. The increasing number of type 2 diabetic patients over the years is a major factor to boost the overall marker growth of diabetic footwear. Moreover, the rising number of geriatric patients is also a major factor that is resulting in a rise in demand for diabetic footwear over the years.

North America accounted for a significant market share in 2018, owing to the rising awareness among diabetic patients regarding the benefits of diabetic footwear. Moreover, substantial investments undertaken in health and wellness by governments are also a major factor in boosting the overall market growth in the North America region.

Major manufacturers operating in the market are

Aetrex Worldwide, Inc.
Darco International, Inc.
Orthofeet, Inc.
Dr. Comfort, llc.
Podartis Srl.
Dr. Zen Products, Inc.
Hanger, Inc.
Etonic Worldwide llc.
Drew Shoe Corp.
Hush Puppies
Propet Usa, Inc.
New Balance, Inc.

The players have stepped up new product innovations and new product launches in order to gain more attention from customers. Moreover, the market growth is attributed to strategic mergers & acquisitions, geographical expansions, and joint ventures & partnerships which helps in ensuring long-term sustenance in the market.

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