Global Diabetic Footwear Market 2017-2021

Global Diabetic Footwear Market forecast

Female diabetic patients are the major end-users of diabetic footwear as they are more concerned about their physical appearance as compared to men. Technavio’s market study identifies that the increasing demand for diabetic footwear among women will be one of the primary factors for the diabetic footwear market growth during the next four years. The vendors are also focusing on developing fashionable and customized diabetic footwear to cater to the therapeutic and fashionable demands of the female customers. According to diabetic footwear industry forecast, our market research analysts estimate that this market will grow steadily at a CAGR of almost 8% by 2021.

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Global Diabetic Footwear Market trends

Diabetic footwear retailers are increasingly focusing on enhancing the online shopping experience through targeted marketing and effective online education to encourage customers to buy diabetic footwear through online platforms. The increased penetration of the Internet, the presence of effective online platforms, and the improved online sales services provided by the vendors encourage customers to purchase diabetic footwear online. Additionally, the increased convenience, quick delivery services, and the availability of a broad range of products, also induce customers to prefer the online retailing segment. According to our market research report, the increasing availability of products online will be one of the key trends that will gain traction in the diabetic footwear market during the next few years.

Global Diabetic Footwear Market: Competitive landscape and key vendors

The diabetic footwear market is highly fragmented due to the presence of several international, regional, and local players who compete based on product quality, price, and market reach. The increase in product innovation, product portfolio extension, and M&As will intensify the level of competition among the diabetic footwear vendors. The high growth potential of the diabetic shoe market encourages several new vendors to enter the market and compete with the existing players.

The leading vendors in the market are 

• Aetrex Worldwide
• DARCO International
• OrthoFeet
• Podartis

The other prominent vendors in the market are Dr. Comfort, Dr. Zen, Drew shoe, Etonic, Hanger, HUSH PUPPIES, New Balance, and Propét USA.

Global Diabetic Footwear Market: Segmentation by distribution channel 

• Online outlet
• Retail outlet

Based on the diabetic footwear market analysis, consumers prefer to purchase diabetic footwear from retail outlets as they enable consumers to thoroughly check the product prior to purchase and attain instant gratification of purchase. Additionally, the retailers are also adopting innovative solutions and new technologies to increase consumer awareness and attract customers.

Global Diabetic Footwear Market: Geographical segmentation 

• Americas
• APAC
• EMEA

The rise in disposable income and the growth in the elderly population, coupled with the easy availability and launch of innovative and customized diabetic footwear will contribute to the growth of the diabetic shoe market in the Americas. The region houses a large number of diabetic footwear vendors and advanced healthcare facilities, which will also drive the growth of the diabetic footwear market in this region.

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Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global diabetic footwear market?
• What are the key market trends impacting the growth of the global diabetic footwear market?
• What are the challenges to market growth?
• Who are the key vendors in the global diabetic footwear market?
• What are the market opportunities and threats faced by the vendors in the global diabetic footwear market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global diabetic footwear market?

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