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Diabetic Footwear Market by Distribution Channel (Online Platforms, Specialty Stores, Footwear Stores, and Others), End User (Men and Women), and Footwear (Shoe, Sandal, and Slipper): Global Opportunity Analysis and Industry Forecast, 2017-2023

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CO_172289
Pages: 147
May 2017 | 4539 Views
 
Author's : Shoaib Iqbal
Tables: 44
Charts: 57
 

Diabetic Footwear Market Overview:

Global Diabetic Footwear Market size is expected to reach $8,148 million in 2023 from $4,994 million in 2016, growing at a CAGR of 7.6% from 2017 to 2023. Diabetes is a chronic metabolic disorder characterized by high level of blood glucose, which over the time could cause serious damage to the heart, blood vessels, eyes, kidneys, and nerves. Diabetic footwear combines athletic footwear technology and therapeutic detailing, which offers the highest level of comfort and protection for sensitive feet. The main advantage of these shoes is the vital comfort level and safety to the feet.

Diabetic Footwear Market 2014-2022

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The main drivers of the market include increased expenditure on diabetes treatment with increased per capita income, rise in prevalence of diabetes with geriatric population. The growth in e-commerce industry and increase in awareness about the benefits of diabetic footwear provides future opportunities in the market. One minor restraint to diabetic footwear market is the cost of the diabetic footwear, which is generally higher than the normal footwear. With regards to the market competition, the diabetic footwear market is growing steadily with increase in awareness among masses and rise in diabetes incidence.

The global diabetic footwear market is segmented based on distribution channel, end user, footwear type, and geography. Based on distribution channel, it is classified into online platforms, specialty stores, footwear stores, and others. For end user, it is categorized into men and women. Based on footwear type, it is divided into shoe, sandal, and slipper. Geographically, it is analyzed across, North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, and Rest of Europe), Asia-Pacific (India, China, Japan, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). The key players profiled in this report include Aetrex Industries, Inc. (U.S.), New Balance Atheltics, Inc. (U.S.), Orthofeet, Inc. (U.S.), DJO Global, Inc. (U.S.), Drew Shoe Corporation (U.S.), Podartis Srl (Italy), Propet USA, Inc. (U.S.), Hush Puppies Retail, Inc. (U.S.), Skechers U.S.A., Inc. (U.S.), and Dr. Zen Products, Inc. (U.S) .

Top Impacting Factors

Increase in Old Age Population and Rise in Prevalence of Diabetes

Technological advancement in healthcare facilities has increased life expectancy, which is the major cause of growing old age population globally, especially in China and Japan, which have around 26% of the old age population. The risks of diabetes have increased due to increase in geriatric population, which increased the market for diabetic footwear. In addition, growth in disposable income among these age groups and surge in knowledge related to benefits of diabetic footwear boost the market growth. Nearly 20% of the global population has both type 1 and type 2 diabetes. Increase in life expectancy, improved health care facilities, and low birth ratio all contributed to geriatric population. Furthermore, sedentary lifestyle and faulty food habits have increased obese cases globally especially in the developed countries, resulting in increased diabetes cases, thus propelling the market growth in the near future.

Customized Diabetic Footwear and Expanding Online Platforms

Customized diabetic-orthopedic shoes protect feet better than a standard footwear by reducing pressure by padding pressure points and supporting deformities that cause foot ulcers and skin breakdown. These are prescribed by orthopedic foot and ankle specialists and are tailor made. Use of custom-built footwear is associated with a reduced incidence of foot sores in people with diabetes. The special shoes are designed to fit softly around sore feet to help prevent foot injuries.

Increase in online shopping portals for various orthopedic and diabetic footwear has increased the overall diabetic footwear market. These portals are user friendly and provide easy access to various brands and shoe types for the user. The diabetic footwear market has extensive prospects with the promising e-commerce industry and expanding new brands in the market.

Source: Primary Research, Secondary Research, and AMR Analysis

Increase per Capita Income and Increased Spending on Diabetes Treatment.

Rapid growth improving GDP and increasing per capita income especially in developing countries of Asia-Pacific propel the market for diabetic footwear. Rise in expenditure by people is also expected to foster the demand for diabetic shoes across the Asia-Pacific and globally. Moreover, increase in cost of diabetic treatment had risen in recent times and is expected to increase in the coming future, which further enhances the diabetic footwear market. Rise in elderly population, increase in economic condition, improvement in purchasing power, surge in disposable income, and growth in the per capita income are the major factors that boost the demand for diabetic shoes in the Asia-Pacific and globally.

Key Benefits

  • A comprehensive analysis of the current trends and future estimations in the global diabetic footwear market is provided.
  • The report elucidates key drivers, restraints, and opportunities and a detailed impact analysis from 2016 to 2023.
  • Porters Five Forces model of the industry illustrates the potency of the buyers and suppliers in the market.
  • A quantitative analysis of the current scenario and the forecast period highlights the financial competency of the market.
  • The report provides a detailed analysis of the market with respect to distribution channel, end user, footwear, and geography.

Diabetic Footwear Market Key Segments:

By Distribution Channel

  • Online Platforms
  • Specialty Stores
  • Footwear Stores
  • Others

By End User

  • Men
  • Women

By Footwear

  • Shoe
  • Sandal
  • Slipper

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • South Africa

Key Players

  • Aetrex Industries, Inc. (U.S.)
  • New Balance Atheltics, Inc. (U.S.)
  • Orthofeet, Inc. (U.S.)
  • DJO Global, Inc. (U.S.)
  • Drew Shoe Corporation (U.S.)
  • Podartis Srl (Italy)
  • Propet USA, Inc. (U.S.)
  • Hush Puppies Retail, Inc. (U.S.)
  • Skechers U.S.A., Inc. (U.S.)
  • Dr. Zen Products, Inc. (U.S)

The Other Players in the Value Chain Include (profiles not included in the report):

  • Finn Comfort (U.S.)
  • I-Runner (U.S.)
  • Pilgrim Shoes (U.S.)
 

Chapter: 1 INTRODUCTION

1.1 Report Description
1.2 Key Benefits
1.3 Key Market Segments
1.4 Research Methodology

1.4.1 Secondary Research
1.4.2 Primary Research
1.4.3 Analyst Tools and Models

Chapter: 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW

3.1 Market Definition and Scope
3.2 Key Findings

3.2.1 Top impacting factors
3.2.2 Top Investment Pockets
3.2.3 Top winning strategies (will add laterafter receiving cps)
3.2.4 Porters Five Forces analysis

3.3 Market Positioning, 2016
3.4 Market Dynamics

3.4.1 Drivers
3.4.2 Restraints
3.4.3 Opportunities

Chapter: 4 GLOBAL DIABETIC FOOTWEAR MARKET BY DISTRIBUTION CHANNEL

4.1 Overview

4.1.1 Market Size and Forecast

4.2 Online Platform

4.2.1 Key Market Trends, Growth Factors, and Opportunities
4.2.2 Key Player Positioning
4.2.3 Market Size and Forecast

4.3 Specialty Store

4.3.1 Key Market Trends, Growth Factors, and Opportunities
4.3.2 Key Player Positioning
4.3.3 Market Size and Forecast

4.4 Footwear Store

4.4.1 Key Market Trends, Growth Factors, and Opportunities
4.4.2 Key Player Positioning
4.4.3 Market Size and Forecast

4.5 Others

4.5.1 Key Market Trends, Growth Factors, and Opportunities
4.5.2 Key Player Positioning
4.5.3 Market Size and Forecast

Chapter: 5 GLOBAL DIABETIC FOOTWEAR MARKET BY END USER

5.1 Overview

5.1.1 Market Size and Forecast

5.2 Women

5.2.1 Key Market Trends, Growth Factors, and Opportunities
5.2.2 Market Size and Forecast

5.3 Men

5.3.1 Key Market Trends, Growth Factors, and Opportunities
5.3.2 Market Size and Forecast

Chapter: 6 GLOBAL DIABETIC FOOTWEAR MARKET BY TYPE OF FOOTWEAR

6.1 Overview

6.1.1 Market Size and Forecast

6.2 Shoes

6.2.1 Key Market Trends, Growth Factors, and Opportunities
6.2.2 Market Size and Forecast

6.3 Sandals

6.3.1 Key Market Trends, Growth Factors, and Opportunities
6.3.2 Market Size and Forecast

6.4 Slippers

6.4.1 Key Market Trends, Growth Factors, and Opportunities
6.4.2 Market Size and Forecast

Chapter: 7 DIABETIC FOOTWEAR MARKET BY GEOGRAPHY

7.1 Overview

7.1.2 Market Size and Forecast

7.2 North America

7.2.1 Key Market Trends, Growth Factors, and Opportunities
7.2.2 Market Size and Forecast

7.2.2.1 By Distribution Channels
7.2.2.2 By End User
7.2.2.3 By Footwear Type
7.2.2.4 By Country

7.2.2.4.1 U.S.
7.2.2.4.2 Canada
7.2.2.4.3 Mexico

7.3 Europe

7.3.1 Key Market Trends, Growth Factors, and Opportunities
7.3.2 Market Size and Forecast

7.3.2.1 By Distribution Channel
7.3.2.2 By End User
7.3.2.3 By Footwear Type
7.3.2.4 By Country

7.3.2.4.1 UK
7.3.2.4.2 Germany
7.3.2.4.3 France
7.3.2.4.4 Italy
7.3.2.4.5 Rest of Europe

7.4 Asia-Pacific

7.4.1 Key Market Trends, Growth Factors, and Opportunities
7.4.2 Market Size and Forecast

7.4.2.1 By Distribution Channel
7.4.2.2 By End User
7.4.2.3 By Footwear Type
7.4.2.4 By Country

7.4.2.4.1 China
7.4.2.4.2 India
7.4.2.4.3 Japan
7.4.2.4.4 Rest of Asia-Pacific

7.5 LAMEA (Latin America, Middle East, and Africa)

7.5.1 Key Market Trends, Growth Factors, and Opportunities

7.5.2.1 By Distribution Channel
7.5.2.2 By End User
7.5.2.3 By Footwear Type
7.5.2.4 By Region

7.5.2.4.1 Latin America
7.5.2.4.2 Middle East
7.5.2.4.3 Africa

Chapter: 8 RELATED INDUSTRY INSIGHTS

8.1 Diabetes Management Market

8.1.1. Executive Summary

8.2 World Top 10 Diabetes Care Devices Market

8.2.2 Executive Summary

Chapter: 9 COMPANY PROFILES

9.1. AETREX INDUSTRIES, INC.

9.1.1. Company Overview
9.1.2. Company Snapshot
9.1.3. Operating Business Segments
9.1.4. Business Performance
9.1.5. Key Strategic Moves and Developments

9.2. NEW BALANCE ATHELTICS, INC.

9.2.1. Company Overview
9.2.2. Company Snapshot
9.2.3. Operating Business Segments
9.2.4. Business Performance

9.3. ORTHOFEET, INC.

9.3.1. Company Overview
9.3.2. Company Snapshot
9.3.3. Operating Business Segments
9.3.4. Business Performance

9.4. DJO GLOBAL, INC.

9.4.1. Company Overview
9.4.2. Company Snapshot
9.4.3. Operating Business Segments
9.4.4. Business Performance

9.5. DREW SHOE CORPORATION

9.5.1. Company Overview
9.5.2. Company Snapshot
9.5.3. Operating Business Segments
9.5.4. Business Performance
9.5.5. Key Strategic Moves and Developments

9.6. PODARTIS SRL

9.6.1. Company Overview
9.6.2. Company Snapshot
9.6.3. Operating Business Segments
9.6.4. Business Performance
9.6.5. Key Strategic Moves and Developments

9.7. PROPET USA, INC.

9.7.1. Company Overview
9.7.2. Company Snapshot
9.7.3. Operating Business Segments
9.7.4. Business Performance
9.7.5. Key Strategic Moves and Developments

9.8. HUSH PUPPIES RETAIL, INC.

9.8.1. Company Overview
9.8.2. Company Snapshot
9.8.3. Operating Business Segments
9.8.4. Business Performance

9.9. SKECHERS U.S.A., INC.

9.9.1. Company Overview
9.9.2. Company Snapshot
9.9.3. Operating Business Segments
9.9.4. Business Performance

9.10. DR. ZEN PRODUCTS, INC.

9.10.1. Company Overview
9.10.2. Company Snapshot
9.10.3. Operating Business Segments
9.10.4. Business Performance
9.10.5. Key Strategic Moves and Developments

Other players in the value chain include:

  • Finn Comfort (U.S.)
  • I-Runner (U.S.)
  • Pilgrim Shoes (U.S.)

*Profiles of these players are not included. The same will be included on request

LIST OF TABLES

TABLE 1. DIABETIC FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2016-2023 ($MILLION)
TABLE 2. ONLINE PLATFORM DIABETIC FOOTWEAR MARKET REVENUE BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 3. SPECIALITY STORE DIABETIC FOOTWEAR MARKET REVENUE BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 4. FOOTWEAR STORE DIABETIC FOOTWEAR MARKET REVENUE BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 5. FOOTWEAR STORE DIABETIC FOOTWEAR MARKET REVENUE BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 6. GLOBAL DIABETIC FOOTWEAR MARKET BY END USER, 2016-2023 ($MILLION)
TABLE 7. DIABETIC FOOTWEAR MARKET FOR WOMEN DIABETIC FOOTWEAR BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 8. DIABETIC FOOTWEAR MARKET FOR MEN DIABETIC FOOTWEAR BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 9. GLOBAL DIABETIC FOOTWEAR MARKET BY FOOTWEAR TYPE, 2016-2023 ($MILLION)
TABLE 10. DIABETIC FOOTWEAR MARKET FOR SHOES FOOTWEAR TYPE BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 11. DIABETIC FOOTWEAR MARKET FOR SANDALS FOOTWEAR TYPE BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 12. DIABETIC FOOTWEAR MARKET FOR SLIPPERS FOOTWEAR TYPE BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 13. DIABETIC FOOTWEAR MARKET BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 14. NORTH AMERICA: DIABETIC FOOTWEAR MARKET BY DISTRIBUTION CHANNELS, 2016-2023 ($MILLION)
TABLE 15. NORTH AMERICA: DIABETIC FOOTWEAR MARKET BY END USER, 2016-2023 ($MILLION)
TABLE 16. NORTH AMERICA: DIABETIC FOOTWEAR MARKET BY FOOTWEAR TYPE 2016-2023 ($MILLION)
TABLE 17. NORTH AMERICA: DIABETIC FOOTWEAR MARKET BY COUNTRY, 2016-2023 ($MILLION)
TABLE 18. EUROPE: DIABETIC FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2016-2023 ($MILLION)
TABLE 19. EUROPE: DIABETIC FOOTWEAR MARKET BY END USER, 2016-2023 ($MILLION)
TABLE 20. EUROPE: DIABETIC FOOTWEAR MARKET BY FOOTWEAR TYPE, 2016-2023 ($MILLION)
TABLE 21. EUROPE: DIABETIC FOOTWEAR MARKET BY COUNTRY, 2016-2023($MILLION)
TABLE 22. ASIA-PACIFIC: DIABETIC FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2016-2023 ($MILLION)
TABLE 23. ASIA-PACIFIC: DIABETIC FOOTWEAR MARKET BY END USER 2016-2023 ($MILLION)
TABLE 24. ASIA-PACIFIC: DIABETIC FOOTWEAR MARKET BY FOOTWEAR TYPE 2016-2023 ($MILLION)
TABLE 25. ASIA-PACIFIC: DIABETIC FOOTWEAR MARKET BY COUNTRY, 2016-2023 ($MILLION)
TABLE 26. LAMEA: DIABETIC FOOTWEAR MARKET BY DISTRIBUTION CHANNEL 2016-2023 ($MILLION)
TABLE 27. LAMEA: DIABETIC FOOTWEAR MARKET BY END USER 2016-2023 ($MILLION)
TABLE 28. LAMEA: DIABETIC FOOTWEAR MARKET BY FOOTWEAR TYPE 2016-2023 ($MILLION)
TABLE 29. LAMEA: DIABETIC FOOTWEAR MARKET BY REGION, 2016-2023 ($MILLION)
TABLE 30. AETREX INDUSTRIES, INC.: COMPANY SNAPSHOT
TABLE 31. AETREX INDUSTRIES, INC.: OPERATING SEGMENTS
TABLE 32. NEW BALANCE ATHELTICS, INC.: COMPANY SNAPSHOT
TABLE 33. NEW BALANCE ATHELTICS, INC.: OPERATING SEGMENTS
TABLE 34. ORTHOFEET, INC.: COMPANY SNAPSHOT
TABLE 35. ORTHOFEET, INC.: OPERATING SEGMENTS
TABLE 36. DJO GLOBAL, INC.: COMPANY SNAPSHOT
TABLE 37. DJO GLOBAL, INC.: OPERATING SEGMENTS
TABLE 38. DREW SHOE CORPORATION: COMPANY SNAPSHOT
TABLE 39. DREW SHOE CORPORATION: OPERATING SEGMENTS
TABLE 40. PODARTIS SRL: COMPANY SNAPSHOT
TABLE 41. PODARTIS SRL: OPERATING SEGMENTS
TABLE 42. PROPET USA, INC.: COMPANY SNAPSHOT
TABLE 43. PROPET USA, INC: OPERATING SEGMENTS
TABLE 44. HUSH PUPPIES RETAIL, INC.: COMPANY SNAPSHOT
TABLE 40. HUSH PUPPIES RETAIL, INC.: OPERATING SEGMENTS
TABLE 41. SKECHERS U.S.A., INC.: COMPANY SNAPSHOT
TABLE 42. SKECHERS U.S.A., INC.: OPERATING SEGMENTS
TABLE 43. DR. ZEN PRODUCTS, INC.: COMPANY SNAPSHOT
TABLE 44. DR. ZEN PRODUCTS, INC.: OPERATING SEGMENTS

LIST OF FIGURES

FIGURE 1. TOP IMPACTING FACTORS
FIGURE 2. TOP INVESTMENT POCKETS
FIGURE 3. BARGAINING POWER OF SUPPLIERS
FIGURE 4. BARGAINING POWER OF BUYERS
FIGURE 5. THREAT OF NEW ENTRANTS
FIGURE 6. COMPETITIVE RIVALRY
FIGURE 7. THREAT OF SUBSTITUTES
FIGURE 8. MARKET POSITIONING, 2016
FIGURE 9. COMPARATIVE MARKET SHARE ANALYSIS OF DIABETIC FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2016 & 2023(%)
FIGURE 10. MARKET SHARE ANALYSIS OF ONLINE PLATFORM DIABETIC FOOTWEAR MARKET BY GEOGRAPHY, 2016 & 2023 (%)
FIGURE 11. ONLINE PLATFORM DIABETIC FOOTWEAR MARKET REVENUE, 2016-2023($MILLION)
FIGURE 12. MARKET SHARE ANALYSIS OF SPECIALITY STORE DIABETIC FOOTWEAR MARKET BY GEOGRAPHY, 2016 & 2023 (%)
FIGURE 13. SPECIALITY STORE DIABETIC FOOTWEAR MARKET REVENUE, 2016-2023 ($MILLION)
FIGURE 14. MARKET SHARE ANALYSIS OF FOOTWEAR STORE DIABETIC FOOTWEAR MARKET BY GEOGRAPHY, 2016 & 2023 (%)
FIGURE 15. FOOTWEAR STORE DIABETIC FOOTWEAR MARKET REVENUE, 2016-2023($MILLION)
FIGURE 16. MARKET SHARE ANALYSIS OF FOOTWEAR STORE DIABETIC FOOTWEAR MARKET BY GEOGRAPHY, 2016 & 2023 (%)
FIGURE 17. FOOTWEAR STORE DIABETIC FOOTWEAR MARKET REVENUE, 2016-2023($MILLION)
FIGURE 18. COMPARATIVE MARKET SHARE ANALYSIS OF DIABETIC FOOTWEAR MARKET BY END USER, 2016 & 2023 (%)
FIGURE 19. MARKET SHARE ANALYSIS OF DIABETIC FOOTWEAR MARKET FOR WOMEN DIABETIC FOOTWEAR BY GEOGRAPHY, 2016 & 2023 (%)
FIGURE 20. DIABETIC FOOTWEAR MARKET REVENUE FOR WOMAN DIABETIC FOOTWEAR, 2016-2023($ MILLION)
FIGURE 21. MARKET SHARE ANALYSIS OF DIABETIC FOOTWEAR MARKET FOR MEN DIABETIC FOOTWEAR BY GEOGRAPHY, 2016 & 2023 (%)
FIGURE 22. DIABETIC FOOTWEAR MARKET REVENUE FOR MEN DIABETIC FOOTWEAR, 2016-2023($ MILLION)
FIGURE 23. COMPARATIVE MARKET SHARE ANALYSIS OF DIABETIC FOOTWEAR MARKET BY TYPE OF FOOTWEAR, 2016 & 2023 (%)
FIGURE 24. MARKET SHARE ANALYSIS OF DIABETIC FOOTWEAR MARKET FOR SHOES FOOTWEAR TYPE BY GEOGRAPHY, 2016 & 2023 (%)
FIGURE 25. DIABETIC FOOTWEAR MARKET REVENUE FOR SHOES FOOTWEAR TYPE, 2016-2023($ MILLION)
FIGURE 26. MARKET SHARE ANALYSIS OF DIABETIC FOOTWEAR MARKET FOR SANDALS FOOTWEAR TYPE BY GEOGRAPHY, 2016 & 2023 (%)
FIGURE 27. DIABETIC FOOTWEAR MARKET REVENUE FOR SANDALS FOOTWEAR TYPE, 2016-2023($ MILLION)
FIGURE 28. MARKET SHARE ANALYSIS OF DIABETIC FOOTWEAR MARKET FOR SLIPPERS TYPE OF FOOTWEAR BY GEOGRAPHY, 2016 & 2023(%)
FIGURE 29. DIABETIC FOOTWEAR MARKET REVENUE FOR SLIPPERS TYPE OF FOOTWEAR, 2016-2023($ MILLION)
FIGURE 30. COMPARATIVE MARKET SHARE ANALYSIS OF DIABETIC FOOTWEAR MARKET BY GEOGRAPHY, 2016 & 2023 (%)
FIGURE 31. NORTH AMERICA DIABETIC FOOTWEAR MARKET REVENUE, 2016-2023 ($MILLION)
FIGURE 32. U.S.: DIABETIC FOOTWEAR MARKET REVENUE, 2016-2023 ($MILLION)
FIGURE 33. CANADA: DIABETIC FOOTWEAR MARKET REVENUE, 2016-2023 ($MILLION)
FIGURE 34. MEXICO: DIABETIC FOOTWEAR MARKET REVENUE, 2016-2023 ($MILLION)
FIGURE 35. EUROPE DIABETIC FOOTWEAR MARKET REVENUE, 2016-2023($MILLION)
FIGURE 36. UK: DIABETIC FOOTWEAR MARKET REVENUE, 2016-2023 ($MILLION)
FIGURE 37. GERMANY: DIABETIC FOOTWEAR MARKET REVENUE, 2016-2023 ($MILLION)
FIGURE 38. FRANCE: DIABETIC FOOTWEAR MARKET REVENUE, 2016-2023 ($MILLION)
FIGURE 39. ITALY: DIABETIC FOOTWEAR MARKET REVENUE, 2016-2023 ($MILLION)
FIGURE 40. REST OF EUROPE: DIABETIC FOOTWEAR MARKET REVENUE, 2016-2023 ($MILLION)
FIGURE 41. ASIA-PACIFIC DIABETIC FOOTWEAR MARKET REVENUE, 2016-2023 ($MILLION)
FIGURE 42. CHINA: DIABETIC FOOTWEAR MARKET REVENUE, 2016-2023 ($MILLION)
FIGURE 43. INDIA: DIABETIC FOOTWEAR MARKET REVENUE, 2016-2023 ($MILLION)
FIGURE 44. JAPAN: DIABETIC FOOTWEAR MARKET REVENUE, 2016-2023 ($MILLION)
FIGURE 45. REST OF ASIA-PACIFIC: DIABETIC FOOTWEAR MARKET REVENUE, 2016-2023 ($MILLION)
FIGURE 46. LAMEA DIABETIC FOOTWEAR MARKET REVENUE, 2016-2023 ($MILLION)
FIGURE 47. LATIN AMERICA: DIABETIC FOOTWEAR MARKET REVENUE, 2016-2023 ($MILLION)
FIGURE 48. MIDDLE EAST: DIABETIC FOOTWEAR MARKET REVENUE, 2016-2023 ($MILLION)
FIGURE 49. AFRICA: DIABETIC FOOTWEAR MARKET REVENUE, 2016-2023 ($MILLION)
FIGURE 50. AETREX INDUSTRIES, INC.: COMPANY SNAPSHOT
FIGURE 51. DJO GLOBAL, INC.: COMPANY SNAPSHOT
FIGURE 52. NEW BALANCE ATHELTICS, INC.: COMPANY SNAPSHOT
FIGURE 53. DREW SHOE CORPORATION: COMPANY SNAPSHOT
FIGURE 54. PROPET USA, INC.: COMPANY SNAPSH
FIGURE 55. HUSH PUPPIES RETAIL, INC.: COMPANY SNAPSHOT
FIGURE 56. SKECHERS U.S.A., INC.: COMPANY SNAPSHOT
FIGURE 57. DR. ZEN PRODUCTS, INC.: COMPANY SNAPSHOT

 

Diabetes is a severe metabolic disease characterized by elevated levels of blood sugar, which over time causes serious damage to the heart, blood vessels, eyes, kidneys, and nerves. The most common is the type 2 diabetes, which occurs usually in adults and the aged population. Diabetic footwear combines athletic footwear technology and therapeutic detailing, offering the highest level of comfort and protection for sensitive feet with orthotic insoles and socks.

The specialty store Diabetic footwear market segment is the major revenue contributor in the diabetic footwear market. However, the online platform segment is expected to grow at a highest rate. In addition, the online platform segment is expected to gain market share due to increase in internet penetration and ease of use.

The sandal footwear type segment is expected to grow comparatively faster than others diabetic footwear types. The footwear type segment is expected to grow in the future, owing to increasing awareness among population about diabetic footwear. The shoe diabetic footwear type is expected to be the dominant segment throughout the forecast period.

Women as end user have the highest market share as women in particular are avid shoppers and have higher life expectancies as compared to men. However, men diabetic footwear is gaining the market share, owing to the rise in awareness about feet care in diabetes and growth in diabetic population globally.

The primary driver of the global diabetic footwear market is the increase in obese population. Moreover, rapid advancement observed in internet penetration, increase in life expectancy, and growth in popularity of online shopping portals over the last decade have augmented the growth of the market. The advancement in knowledge related to diabetes and benefits of diabetic footwear drive the market growth. Furthermore, the increasing life expectancy, which in turn increases the geriatric population drives the market in Asia-Pacific. Diabetic footwear are expected to gain popularity among online platforms in the near future with few restraints, such as lesser awareness of the benefits of the diabetic shoes and negligence on the part of diabetic patients.

Geographically, the market is dominated by North America, particularly the U.S., followed by Europe having UK as the major market, while Asia-Pacific is dominated by China, with nearly 45% market share among Asia-Pacific countries. In addition, Japan is expected to witness a highest CAGR during the forecast period, owing to increase in obesity and rise in geriatric population are collectively responsible for the highest growth rate in Japan among Asia-Pacific countries. Germany, Italy, and France in the European region possess high growth potential, owing to their increasing GDP.

 

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