Diabetic Footwear to Gain Popularity among Diabetes Patients

5th November 2019: Diabetic footwear market is anticipating a hefty growth due to increase in the number of diabetes patients all around the world. These special footwear for diabetes patients are made from stretchable material and are gaining popularity for their adjustability and comfort. These specialty shoes are also becoming increasingly popular among obese population to relieve pain and provide some comfort from flat foot pain. The product also helps in reducing risks associated with obesity such as cardiovascular disorders and diabetes resulting in high demand for the product. The diabetic shoes and custom inserts together help diabetic patients avoid foot injuries and improve mobility.

Scope for New Product Development using Advanced Material 

Based on shoes segment, the diabetic footwear industry is anticipating growth due to increasing office going population in developed countries such as Germany and U.S. The product prevents injuries and occurrence of fungal infections and provides additional protection for feet. This is an important factor that is expected to drive the growth in the next few years.

Slippers segment is going to be the fastest growing segment and is expected to attain a CAGR of 8.3% from 2019 to 2025. These products are likely to witness growth due to their increased usage in daily life. New products manufactured from advanced materials such as cotton, leather, polyesters, and nylon also open new avenues for growth.

Market Insights

This specialty product helps prevent foot injuries caused by various reasons such as constant mobility, friction from shoe insole, and modeled inserts. Many doctors are recommending these special diabetic shoes to enhance blood circulation in feet, which is also contributing to the growth of diabetic footwear industry.

Key players are focusing on R&D of new products to promote use of customized diabetic footwear in order to keep up with the upcoming fashion trends, primarily for the woman population. 

Benefits of diabetic footwear and increasing awareness toward diabetes and its treatment has resulted in patients opting for a product that complies with their needs.

High costs associated with diabetic footwear is a major challenge for the industry players which are restraining the growth of sales. Leading companies operating in the diabetic footwear market are DJO Global Inc.; Aetrex Worldwide; Podartis Srl; Dr. Zen Products, Inc.; and Orthofeet Inc. among others.