Global Diabetic Footwear Market Report, published by Variant Market Research, forecast that the global market is expected to reach $9.4 Billion by 2024 from $5.3 Billion in 2016; growing at a CAGR of 7.4% from 2016 to 2024. By geography, Asia Pacific and Europe are expected to grow at a CAGR of 8% and 7.7%, respectively, during the forecast period.

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Global Diabetic Footwear Market is majorly driven by Increase in the number of diabetic patients worldwide, increasing disposable income in emerging economies leading to high spending on diabetes treatment, rising alertness, government initiatives and accessibility of customized and fashionable footwear. Though, high cost of diabetic shoes and availability of sub-standard shoes at lesser price may hinder the market growth. Moreover, entry of new brands and untapped markets would unfold attractive business opportunities for the market in the coming years.

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The global diabetic footwear market has been categorized on basis of distribution channel, end-use and geography. Distribution channel segment contains online stores, shoe stores, specialty stores, departmental stores and super market & hyper market. Additionally, end-use segment includes women and men. In distribution channel segment, online stores held major share in the diabetic footwear market with 60.4% owing to high access of smartphone, accessibility of different shapes and sizes and discount rates, followed by specialty store with 16.7%, in 2016.

North America, Europe, Asia-Pacific and Rest of the World (RoW) are the major regions covered in the report. Asia Pacific is the highest growing region in the global diabetic footwear market, and is projected to maintain this trend owing to rising economic condition and increasing disposable income. Asia Pacific held major share of the market with 36.8% followed by North America.

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The major key players operating in the global diabetic footwear market comprises Orthofeet Inc., Dr Zen Products, Inc., Podartis S.r.l., Dr Comfort, LLC., Apex Foot Health Industries LLC, DARCO International, Inc., Advanced Diabetic Solutions, Aetrex Worldwide Inc., Etonic Worldwide LLC and Drew Shoe Corporation, among others.

Scope of Diabetic Footwear Market
Distribution Channel Segments
• Online Stores
• Shoe Stores
• Specialty Stores
• Departmental Stores
• Super Market & Hyper Market
End-Use Segments
• Women
• Men
Geography Segments
• North America
o US
o Canada
o Mexico
• Europe
o U.K.
o Germany
o France
o Italy
o Others
• Asia-Pacific
o China
o Japan
o India
o Others
• RoW
o South America
o Middle East
o Africa

About Variant Market Research
Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.

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