Diabetic footwear is therapeutic footwear designed for reducing the risk of skin breakdown in diabetics with pre-existing foot disease due to poor circulation, neuropathy, and foot deformities. The footwear protects diabetic feet and reduces the risk and supports healthy blood circulation in feet. Diabetic footwear is available in a variety of features such as non-binding uppers, stretchable uppers, orthotic support, extra depth design for a pressure-free fit, deep-toe-box, functional soles, and others.
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Market Dynamics
There is an increase in the launch of diabetic footwear. For instance, in March 2018, Siren launched the Siren diabetic sock and foot monitoring system developed by using the proprietary Neurofabric material. The Siren Diabetic Sock and Foot Monitoring System and its accompanying app monitor wearers’ foot temperature as an early warning sign of inflammation and, subsequently, diabetic foot ulcers. The smart sock provides wearers with continuous, clinical-grade temperature monitoring throughout the day. The wearers can view the current temperature as measured at six points on the user's foot, and receive a push notification or text message when an increase is detected through the app or online web portal.
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Segment Analysis
The global diabetic footwear market is segmented based on product type as shoes, sandals, slippers, and others. The shoe segment accounts for the highest market share due to the higher usage of the shoes as diabetic shoes provide more comfort & protection in comparison to sandals and slippers. Diabetic shoes are effective in preventing several complications such as strain, ulcers, calluses, or even amputations for patients with diabetes and poor circulation. Moreover, diabetic shoes could also provide additional protection from foot injuries for reducing the occurrence of fungal infections. The diabetic shoes are comprised of a protective interior, shock-absorbing soles, stretchable uppers, a toe box, extra depth design, ergonomic soles, and other features. Diabetic shoes are made up of flexible materials, such as leather, canvas, or suede.
Competitive Landscape
The global diabetic footwear market is highly competitive with the presence of several international and local markets. Product diversification, revenue generation, and opportunities intensify the market competition. Aetrex Worldwide, Inc, DJO Global, Dr. Zen Products Inc, Drew Shoe Corporation, Orthofeet Inc., Podartis SRL Unipersonale, and Propet USA Inc., are the leading market players with significant market shares.
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