Diabetic footwear is specialized footwear for individuals who are at potential risks of pathologic consequences, including infection, ulceration, various degrees of peripheral vascular disease, and/or destruction of deep tissues associated with neurologic abnormalities, and/or metabolic complications of diabetes in the lower limb.
These footwear helps to relieve arears of excessive pressure, reduce shock and shear, limit motion of joints, stabilize and support deformities in the foot. The usage of diabetic footwear by the patients requires proper prescription from the healthcare professionals or by a certified individual. The diabetic footwear work as a preventive system to help diabetic patients avoid foot injuries and improve mobility. The global diabetic footwear market is segmented into distribution channel, end user, and region.
On the basis of distribution channel the market is segmented into online stores, shoe stores, specialty stores, departmental stores, and super market & hyper market. The online platform is most lucrative segment among the distribution channel segments. On the basis of end user, the market is segmented into men and women. The men end user segment is estimated to register higher CAGR in terms of revenue during the forecast period.
On the basis of region, the market is segmented into north America, Europe, Asia Pacific, Latin America, And Middle East & Africa.
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North America market is estimated to account for major share in term of revenue in the global market and is expected to continue its dominance during the forecast period, owing to availability of variety of footwear and high adoption of diabetic footwear in countries in this region. Asia Pacific market is expected to register higher CAGR as compared to other regional markets, owing to increasing number of diabetic patients due to inclination towards junk food and no time for workout because of hectic lifestyles and round-the-clock working hours.
Key players operating in the market include Aetrex Worldwide, Inc., DARCO International, Inc., Orthofeet, Inc., Podartis, Dr. Comfort, LLC, Dr. Zen Products Inc., Drew Shoe Corp, Etonic Worldwide LLC, Hanger, Inc., and New Balance, Inc.