Diabetic Shoes Market is Estimated to Reach USD 12,176.16 Million by the end of 2028: Cognitive Market Research

Market Overview:
Diabetic shoes are also known by various named such as extra depth, therapeutic shoes, sugar shoes etc. These shoes are design and constructed in such a way that it protects and control the foot problems, and other diseases associated with diabetes. The diabetic shoes are seam-free, nonbinding and provide lavish space for a comfortable and pressure free environment which help to prevent the conditions such as diabetic neuropathy and peripheral vascular disease by providing the proper regulated blood circulations and by preventing the damage to the nerves of legs and feet. These shoes also help to prevent the conditions such as athlete's foot, calluses/corns, diabetic ulcers, ingrown toenails etc.
The diabetic shoes market is uplifted from the past few years as there is the increase in the number of diabetic patients. The enhancement in the awareness related to disease preventions and benefits of the diabetic shoes, doctor's recommendation etc. are the factors which leads to the uplift of diabetic shoes market in future.

Market Insight:
• Global Diabetic Shoes Market is expected to reach USD 12,176.16 Million by the end of 2028, growing at a CAGR of 8.44% between 2021 and 2028.
• Casual Shoes Revenue (USD Million) is anticipated to reach at USD 4,119.98 Million in 2028

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Market Drivers:
• Increased cases of diabetes across the globe
Diabetes is a chronic disease, which have affected millions of people across the globe. This can be associated with the changes in the lifestyle, which is one of the attributes which propels the rise in the number of diabetic patients worldwide. According to the International Diabetes Federation, the number of cases of diabetes in 2019 was nearly 463 million, which is likely to reach 700 million by 2045. The prevalence of diabetes is high in urban area, owing to changing lifestyle, unhealthy eating habits as well as lack of physical activities. The increased demand for the junk food among children is causing excessive prevalence of diabetes in children below age of 10.
Sugar level of diabetic patients is high which causes number of complications, including neuropathy. Neuropathy is a critical condition in which patients' loss their sensation in the feet. In such cases, a cut or injury may go unnoticed and lead to infections. In order to prevent this condition, patients prefer to wear diabetic shoes.
Hence, increased cases of diabetes across the globe are boosting the growth of diabetic shoes market.
Rise in disposable income and spending habits
• Restraints for Diabetic Shoes Market
Unawareness regarding specialty diabetic shoe:
• Opportunities for Diabetic Shoes Market
Rise in geriatric population

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Market Segmentation:
Type:
• Casual Shoes
Diabetic casual shoes are comfortable to use for a diabetic patient. The diabetic patient faces poor blood circulation due to uncontrolled sugar levels leading to neuropathy, gangrene conditions that leads to amputation. Hence casual, comfortable shoes are designed for the diabetic patients that improved blood circulation and reduces the risk of conditions such as foot infection associated with diabetes patient. Health fit diabetes casuals are breathable and comfortable shoes for patients.

• Walking Shoes
Orthofeet Bunion Heel and foot pain relief walking shoes used for diabetes patient are comfortable to use and stylish features, it has multiple soft cushioning sole, lightweight, eases or reduces pain due to its soft sole and ergonomic design and it provides anatomical arc support to foot, heels. It is custom designed walking diabetic shoes that has more depth ensuring prevention of foot infection and comfort to patient.
 
• Work Shoes

Application:
• Men
The best diabetic shoes for men to reduces the risk of neuropathy, foot infection such as gangrene, fungal infection. This diabetic shoes for men are stretchable, stylish design, comfortable, provides proper depth. The features include it has a removable orthotic, such as shot insert arch support lift, wedge, or heel. The diabetes work shoes are customized shoes for men to improve their foot issues and mobility. The diabetic shoes custom designed for prevented neuropathy, gangrene, amputation of leg is brand such as Aetrex, Brooks, New Balance, Orthofeet.

• Women
Women wear diabetic shoes to prevent fungal infections, neuropathy and other foot infection in diabetes. The diabetic shoes preferred by women have extra depth and thicker insoles that helps in minimizing friction and skin breakdown. The soles provide anatomical arc support. The diabetic shoes used by women helps in controlling blood glucose level and ensure proper foot care and blood circulation. Women Diabetic shoes are stylish and along with ensures protection ans safety to feet condition in diabetes.

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Competitive Analysis for Diabetic Shoes Market:
Aetrex, Drew Shoe, Dr. Comfort, Skechers, Rockport, Reebok, Orthafeet, New Balance, P.w.minor, Apis, Apex, Dr. Zen

• Aetrex Worldwide Inc.
Aetrex company has specialized in development of foot scanning technology and aftermarket orthotics and comfort footwear products. They have adopted innovation and technology in their product line. They built in house software with help of AI and machine learning, they have established in-house hardware and software products in the market. The company has skilled team of employees that ensures quality products and distribution of service in the market. The company has created customized products which provides footwear care to diabetic patients. The portfolio includes men and women Aetrex diabetic in sole for low-risk diabetic patient. The portfolio has diabetic shoes for condition such as Bunions, Arthritis, swollen feet, flat feet, plantar Fasciitis. The men segment includes clogs, sneakers, sandals, socks. The women segment includes sandals, wedges, slippers, flats, boots, shoe care, socks. The orthotics segment has products for diabetes, heel pain, arch pain, pregnancy. The Aetrex technology includes 3 D printing, foot scanning technology has Albert scanner with AI technology.

NEWS:
January 2021
• Aetrex Worldwide Inc has introduced revolutionary 3D Foot Scanner in the market
The company has introduced revolutionary 3D printing technology along with Intel Real sense and Harman eNova technology to provide personalized experience to diabetic and other diseased condition patient and helps in dealing with foot related issues.

• Skechers USA Inc.
Skechers is specialized in the development of innovative, stylish, comfortable shoes that provides relief to feet ulcers, heels, foot conditions such as improper blood circulation, nerve damage, gangrene. The company has effective and quality distribution and logistics network boosting the growth of company. The company has distribution and state of art automated manufacturing facilities in UK and Belgium. The company has expanded its operations with innovation and integration of technology in designing of the shoes. The experienced team has strategically developed and expanded their business with engaging in collaboration with major player and extension of product line through collaboration in the market.

Related Report:
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• Shoe Insoles Market- https://www.cognitivemarketresearch.com/shoe-insoles-market-report
• Diabetic Foot Ulcer Therapeutic Market- https://www.cognitivemarketresearch.com/diabetic-foot-ulcer-therapeutic-market-report
• Diabetic Food Market- https://www.cognitivemarketresearch.com/diabetic-food-market-report

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Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.

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