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Rising Diabetic Population Fuels Growth In The Diabetic Footwear Market Emerges as a Core Driver of the Diabetic Footwear Market in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Diabetic Footwear Market Through 2025?
The size of the market for diabetic footwear has seen significant expansion in the past few years. From $8.45 billion in 2024, it is set to increase to $9.2 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 8.9%. Factors such as the rise in diabetes cases, an aging demographic, issues associated with diabetic feet, the demand for comfortable and supportive footwear, and an enhanced consciousness about health have contributed to this considerable growth in the historic period.
What's the Projected Size of the Global Diabetic Footwear Market by 2029?
It is anticipated that the diabetic footwear market will witness significant expansion in the coming years, with an estimated value of $13.49 billion by 2029, boasting a compound annual growth rate (CAGR) of 10.0%. This projected increase during the forecasted period can be credited to the enhanced awareness of diabetic foot care, shoes suitable for an active lifestyle, sustainable, and environmentally-friendly materials, as well as expansion in emerging markets and evolving non-invasive monitoring technologies. Key trends in the forecast period encapsulate personalized orthopedic footwear, advanced footwear technology, telehealth with remote consultations, technological breakthroughs, and strategic collaborations.
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Top Growth Drivers in the Diabetic Footwear Industry: What's Accelerating the Market?
The growth of the diabetic footwear market is expected to be fueled by the rising number of diabetic patients. Diabetes, a chronic medical condition, causes elevated blood sugar levels. Wearers of diabetic footwear can prevent major foot health issues due to diabetes and receive benefits such as enhanced blood circulation, broader toe box, and massage to alleviate pressure in parts of the feet prone to pain. For instance, by June 2023, a report from the Institute For Health Metrics and Evaluation, an independent US-based population health research organization, predicted an over two-fold increase in global population to 1.3 billion in the next 30 years. By 2050, the worldwide diabetic patient count is estimated to hit 529 million, intensifying the demand for diabetic footwear and leading to market growth.
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Which Fast-Growing Trends Are Poised to Disrupt the Diabetic Footwear Market?
Leading businesses in the diabetic footwear market are centring their efforts on creating breakthrough products like smart shoes, aiming to augment patient care and enhance health outcomes. The incorporation of sophisticated features such as pressure sensors and monitoring systems in these smart shoes enables the early detection of foot problems, thus decreasing the likelihood of grave issues like ulcers and amputations. To illustrate, nine students from Oman College of Health Sciences, an educational institution based in Oman, launched a smart shoe in March 2024 with the goal of mitigating complications in individuals suffering from diabetes. This ground-breaking footwear is designed to tackle crucial health problems associated with diabetes, specifically diabetic foot complications, which can result in serious complications like foot ulcers and amputations.
What Are the Main Segments in the Diabetic Footwear Market?
The diabetic footwear market covered in this report is segmented -
1) By Type: Shoes, Sandals, Slippers
2) By Distribution Channel: Online Platform, Specialty Stores, Footwear Stores, Other Distribution Channels
3) By End User: Men, Women
Subsegments:
1) By Shoes: Athletic Shoes, Dress Shoes, Casual Shoes, Therapeutic Shoes
2) By Sandals: Open-Toe Sandals, Closed-Toe Sandals, Adjustable Sandals
3) By Slippers: Indoor Slippers, Outdoor Slippers, Heated Slippers
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Which Top Companies are Driving Growth in the Diabetic Footwear Market?
Major companies operating in the diabetic footwear market include Podartis Srl Co., DJO Global Inc., Aetrex Worldwide Inc., Orthofeet Inc., Dr. Comfort llc, Drew Shoe Corp., New Balance Inc., Finn Comfort USA Inc., Diabetic Soles Inc., Hanger Inc., Hush Puppies Retail Inc., DARCO International Inc., Apex Foot Health Industries LLC, Propét USA Inc., Anodyne Shoes LLC, P.W. Minor and Son Inc., Pedorthic Shoe Company, Vionic Group LLC, San Antonio Shoe Inc., PediFix Inc., Scholl's Wellness Company LLC, Orthotic Shop Inc., Orthopedic Footwear LLC
Which Regions Will Dominate the Diabetic Footwear Market Through 2029?
North America was the largest region in the diabetic footwear market in 2024. The regions covered in the diabetic footwear market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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