Market Size of Diabetic Footwear Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 8.14 Billion |
| Market Size (2029) | USD 11.04 Billion |
| CAGR (2024 - 2029) | 6.28 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players.webp){kind=logo}
*Disclaimer: Major Players sorted in no particular order |
Diabetic Footwear Market Analysis
The Diabetic Footwear Market size is estimated at USD 8.14 billion in 2024, and is expected to reach USD 11.04 billion by 2029, growing at a CAGR of 6.28% during the forecast period (2024-2029).
Globally, the diabetic footwear market is witnessing a significant growth rate owing to rising awareness among diabetic patients regarding the health benefits of diabetic footwear. Diabetic patients commonly suffer from various serious problems, such as foot ulcers, infections, and amputation. Diabetic footwear is widely used to avoid such foot problems. The exceptional design of diabetic footwear provides support and protection while minimizing pressure points on the feet, decreasing the risk of amputations. It can also help heal a variety of diabetic conditions, such as inadequate blood circulation in the legs, which helps in addressing foot pain and ulcers. Companies are also leveraging advanced technologies, such as 3D scanning and modeling, to provide customized products with enhanced comfort and safety. For instance, in November 2023, Aetrex launched a new personalized footwear recommendation platform – FitStarter. It was developed with shoe fit testing company Heeluxe to help retailers improve their shoe fitting service for shoppers, reduce returns, and increase customer satisfaction.
Diabetic Footwear Industry Segmentation
Diabetic Footwear is specifically designed for the diabetic population as a preventive measure for foot care and offering comfort. The scope of the diabetic footwear market includes segmentation based on product type, end-user, distribution channel, and geography. The market is segmented by type into shoes, sandals, and slippers. By the end-user, the market is segmented into men and women. Furthermore, on the basis of the distribution channel, the market is segmented into offline and online retail stores. Lastly, the report covers geographical insights into the major regions, including North America, Europe, Asia-Pacific, and Rest of the World. The market sizing has been done in value terms in USD for all the abovementioned segments.
| By Product Type | |
| Shoes | |
| Sandals | |
| Slippers |
| By End-User | |
| Men | |
| Women |
| By Distribution Channel | |
| Offline Retail Stores | |
| Online Retail Stores |
| By Geography | |||||||||
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Diabetic Footwear Market Size Summary
The diabetic footwear market is experiencing robust growth globally, driven by increasing awareness among diabetic patients about the health benefits of specialized footwear. These shoes are designed to prevent serious foot problems such as ulcers, infections, and amputations, which are common among diabetic individuals due to issues like inadequate blood circulation and nerve damage. The market is characterized by the use of advanced technologies, such as 3D scanning and modeling, to create customized footwear that offers enhanced comfort and safety. Innovations like Aetrex's FitStarter platform and Sensoria Health's smart diabetic footwear exemplify the industry's focus on integrating technology to improve foot health and mobility for diabetic patients.
In North America, particularly in the United States and Canada, the demand for diabetic footwear is on the rise due to the high prevalence of diabetes and the associated foot complications. The market is supported by government initiatives and healthcare programs that raise awareness about diabetes-related foot issues. The competitive landscape is marked by the presence of numerous regional and international players who engage in strategic activities such as product launches, partnerships, and expansions to capture market share. Key players like Aetrex Worldwide, Inc., Hanger Inc., and Drew Shoes are focusing on providing customized solutions to meet the unique needs of consumers, further driving the market's growth.
Diabetic Footwear Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.1.1 Rising Diabetic Population Across the Globe
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1.1.2 Innovative and Fashionable Footwear
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1.2 Market Restraints
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1.2.1 Enhanced Presence of Counterfeit and Poor-Quality Products
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Product Type
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2.1.1 Shoes
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2.1.2 Sandals
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2.1.3 Slippers
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2.2 By End-User
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2.2.1 Men
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2.2.2 Women
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2.3 By Distribution Channel
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2.3.1 Offline Retail Stores
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2.3.2 Online Retail Stores
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2.4 By Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.1.4 Rest of North America
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2.4.2 Europe
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2.4.2.1 United Kingdom
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2.4.2.2 Germany
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2.4.2.3 France
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2.4.2.4 Italy
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2.4.2.5 Spain
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2.4.2.6 Russia
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2.4.2.7 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 China
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2.4.3.2 Japan
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2.4.3.3 India
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2.4.3.4 Australia
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2.4.3.5 Rest of Asia-Pacific
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2.4.4 Rest of the World
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2.4.4.1 South America
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2.4.4.2 Middle-East and Africa
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Diabetic Footwear Market Size FAQs
How big is the Diabetic Footwear Market?
The Diabetic Footwear Market size is expected to reach USD 8.14 billion in 2024 and grow at a CAGR of 6.28% to reach USD 11.04 billion by 2029.
What is the current Diabetic Footwear Market size?
In 2024, the Diabetic Footwear Market size is expected to reach USD 8.14 billion.
