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 |
Major Players*Disclaimer: Major Players sorted in no particular order |
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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.