global diabetic footwear market is projected to reach $ 9.7 billion by 2025

MARKET INTELLIGENCE . CONSULTING

www.techsciresearch.com

FORECAST & OPPORTUNITIES

2015 – 2025

GLOBAL DIABETIC FOOTWEAR MARKET

2

Scope of ReportProduct of Interest (POI): Diabetic Footwear

Review Period

2015 – 2018

Base Year

2019

Estimated Year

2020

Forecast Period

2021 – 2025

Year RangeGlobal Diabetic Footwear

Market

PRODUCT

• Shoes

• Sandals

• Slippers

REGION

• North America

• Europe

• Asia-Pacific

• South America

• Middle East & Africa

Global diabetic footwear market is expected to reach $ 9.7 billion by 2025 onaccount of rising adoption of diabetic footwear, as they are designed to minimizethe risk of skin breakdown caused by poor circulation, neuropathy and footdeformities. Moreover, these footwears offer a variety of features such as non-binding uppers, stretchable uppers, orthotic support, extra depth design for apressure-free fit, deep-toe-box, functional soles, and others in order to protectdiabetic feet.

Market Segmentation

END USER

• Men

• Women

DISTRIBUTION CHANNEL

• Store Based

• Non-store Based

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Table of Contents

S. No. Contents Page No.

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Voice of Customer

5. Global Diabetic Footwear Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Product (Shoes, Sandals and Slippers)

5.2.2. By End User (Men and Women)

5.2.3. By Distribution Channel (Store-based Vs. Non-store based)

5.2.4. By Company

5.2.5. By Region

5.3. Market Attractiveness Index

6. North America Diabetic Footwear Market Outlook


6.1.1. By Value


6.2.1. By Product

6.2.2. By End User

6.2.3. By Distribution Channel

6.2.4. By Country

4


6.3. North America: Country Analysis

6.3.1. United States Diabetic Footwear Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Product

6.3.1.2.2. By Distribution Channel

6.3.2. Mexico Diabetic Footwear Market Outlook


6.3.2.1.1. By Value




6.3.3. Canada Diabetic Footwear Market Outlook


6.3.3.1.1. By Value



Table of Contents


7. Asia Pacific Diabetic Footwear Market Outlook


7.1.1. By Value


5


Table of Contents

7.2.1. By Product

7.2.2. By End User


7.2.4. By Country

7.3. Asia Pacific: Country Analysis

7.3.1. China Diabetic Footwear Market Outlook


7.3.1.1.1. By Value




7.3.2. Japan Diabetic Footwear Market Outlook


7.3.2.1.1. By Value




7.3.3. India Diabetic Footwear Market Outlook


7.3.3.1.1. By Value




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Table of Contents

7.3.4. South Korea Diabetic Footwear Market Outlook


7.3.4.1.1. By Value




7.3.5. Australia Diabetic Footwear Market Outlook

7.3.5.1 Market Size & Forecast

7.3.5.1.1. By Value




8. Europe Diabetic Footwear Market Outlook


8.1.1. By Value


8.3. Europe : Country Analysis

8.3.1. Germany Diabetic Footwear Market Outlook

8.2.1. By Product

8.2.2. By End User


8.2.4. By Country

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Table of Contents


8.3.1.1.1. By Value




8.3.2. France Diabetic Footwear Market Outlook


8.3.2.1.1. By Value




8.3.3. United Kingdom Diabetic Footwear Market Outlook


8.3.3.1.1. By Value




8.3.4. Italy Diabetic Footwear Market Outlook


8.3.4.1.1. By Value




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Table of Contents

8.3.5. Spain Diabetic Footwear Market Outlook

8.3.5.1 Market Size & Forecast

8.3.5.1.1. By Value




9. South America Diabetic Footwear Market Outlook


9.1.1. By Value


9.3. South America : Country Analysis

9.3.1. Brazil Diabetic Footwear Market Outlook


9.3.1.1.1. By Value




9.3.2. Colombia Diabetic Footwear Market Outlook

9.2.1. By Product

9.2.2. By End User


9.2.4. By Country

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Table of Contents



9.3.2.1.1. By Value




9.3.3. Argentina Diabetic Footwear Market Outlook


9.3.3.1.1. By Value




10. Middle East & Africa Diabetic Footwear Market Outlook


10.1.1. By Value


10.3. MEA : Country Analysis

10.3.1. South Africa Diabetic Footwear Market Outlook


10.2.1. By Product

10.2.2. By End User


10.2.4. By Country

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Table of Contents


10.3.1.1.1. By Value

Market Share & Forecast



10.3.2. Saudi Arabia Diabetic Footwear Market Outlook


10.3.2.1.1. By Value




10.3.3. UAE Diabetic Footwear Market Outlook


10.3.3.1.1. By Value




11. Impact of COVID-19 on Global Diabetic Footwear Market

12. Market Dynamics

12.1. Drivers

12.2. Challenges

13. Market Trends & Developments

11

Table of Contents


14. Competitive Landscape

14.1. Podartis S.r.i

14.2. American Aretrex Worldwide, Inc

14.3. Orthofeet Inc

14.4. Drew Shoes (U.S.A)

14.5. Oracle Corp

14.6. Dr. Comfort

14.7. DJO Global Inc (U.S.A)

14.8. Dr Zen Products Inc, (U.S.A)

14.9. Propet USA Inc (U.S.A)

14.10. Darco International

15. Strategic Recommendations

16. About Us & Disclaimer

RESEARCH METHODOLOGY

13

Research Methodology

✓ Identifying Key Opinion

Leaders

✓ Questionnaire Design

✓ In-depth Interviews

Data Collection

Developing List of Respondents

Formulating Questionnaire

Market Profiling

Data Validation

Data Analysis

In-depth secondary research was conducted to

determine top players in the global diabetic

footwear market, overall market size and segmental

market size.

In order to conduct industry experts’

interviews, TechSci formulated a detailed

discussion guide.

List of industry players and industry

specialists was developed.

TechSci conducted interviews with

industry experts and industry players for data collection and

verification.

Data obtained as a result of primary

and secondary research was

validated through rigorous

triangulation.

The data was scrutinized using MS-Excel, statistical

tools and internal proprietary database to obtain qualitative and

quantitative insights about the global diabetic footwear

market.

Data

Collection

Data Filter

& AnalysisResearch &

Intelligence

Actionable

InsightsBusiness

Solution

Primary Research Desk Research Company Analysis

✓ Recent Developments

✓ Market Changing

Aspects/Dynamics

✓ Government Policies

✓ Final Conclusion

✓ Market Participants

✓ Key Strengths

✓ LinkedIn✓ TechSci Internal

Database

✓ Factiva✓ Hoovers

Paid Sources

✓ Company Websites✓ Company Annual

Reports✓ White Paper Study✓ Financial Reports✓ Investor

Presentations✓ Regulatory Body✓ Associations, etc.

Secondary Research

Primary Research

14


Baseline Methodology

Our dedicated team of industry experts has monitored and analyzed various aspects of the global diabetic footwear market outlook. The team has

analyzed the outlook of various segments of this market, while considering the major influencing factors such as rising adoption of diabetic footwear

and speculated a positive growth over the next 5 years. The study includes market forecasting, which would enable our clients to take better decisions

while planning their strategy to achieve sustainability in the global diabetic footwear market.

Methodology Followed for Calculation of Market Size:

• Market Size By Value: Market size, in terms of value, for the year 2019 was calculated based on information collected through exhaustive

secondary research and primary surveys, with various key opinion leaders/stakeholders, such as diabetic footwear manufacturer & supplier

companies, channel partners, market influencers & end users, industry experts, and other industry participants.

• The team interviewed more than 15 – 20 companies, 45 – 50 channel partners, 80 – 100 end users, and 15 – 20 Industry experts and other value

chain stakeholders in the global diabetic footwear market to obtain the overall market size for 2015-2019, which was validated by the Delphi

technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data during 2014-2019.

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• Respondents were asked about the current and future market growth rates, market shares by product, by end user, by distribution channel, by each

region. Removing the outlier responses, the geometric mean of growth estimates and supplier wise revenue shares generated across various

segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from

other stakeholders.

Methodology Followed for Calculation of Market Shares:

• Market shares by product, by end user, by distribution channel, by region and by company were calculated based on the responses received

through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various

diabetic footwear markets. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after

eliminating the outliers.

Methodology Followed for Forecasting:

• TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in

SPSS/Tableau Software.

• Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To global diabetic footwear

market, TechSci Research used various forecast techniques such as:

✓ Moving Average

✓ Time Series Analysis

✓ Regression Analysis

✓ Econometric and Judgmental Analysis

16


TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used

the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be noted that

the figures compiled are only for the organized market including market share data.

Partial List of Companies Interviewed Key Secondary Sources

▪ Podartis S.r.i

▪ American Aretrex Worldwide, Inc

▪ Orthofeet Inc

▪ Drew Shoes (U.S.A)

▪ Oracle Corp

▪ Dr. Comfort

▪ DJO Global Inc (U.S.A)

▪ Dr Zen Products Inc, (U.S.A)

▪ Propet USA Inc (U.S.A)

▪ Darco International

▪ World Bank

▪ TechSci Research Proprietary Database & Knowledge

Repository

▪ Company Annual Reports

▪ Industry Magazines

▪ Industry Reports

▪ News Dailies

▪ Credible Paid Databases

17

Industry Brief

According to TechSci Research report, “Global Diabetic Footwear Market By Product, By End User, By Distribution Channel, By Region, Competition, Forecast & Opportunities,

2025”, the global diabetic footwear market is projected to cross $ 9.7 billion by 2025 on account of increasing product innovations, rising disposable income and growing adoption

of diabetic footwear to minimize the risk of skin breakdown caused by poor circulation, neuropathy and foot deformities. These specially designed shoes are recommended by

doctors as they can help reduce risk and promote healthy blood circulation in feet. To meet the recent fashion trends, primarily among women consumers, the leading players are

focusing more towards developing customized and fashionable diabetic footwear, which is expected to further drive global diabetic footwear market through 2025.

The global diabetic footwear market is segmented based on the product, end-user, distribution channel and region. Based on the distribution channel, the market is bifurcated

into Store-based and Non-store based. Until 2019, the store distribution channel segment dominated the diabetic footwear market. This dominance can be attributed to preferred

choice by the consumers as well as healthcare professionals towards Store-based purchases as these specially designed shoes require proper fitting and expert guidance before

their use, and these requirements are difficult to be fulfilled through online platforms. In terms of end-user, the market can be bifurcated into women and men. Out of which, the

men end-user segment dominated the market with a majority share in the diabetic footwear market on account of the higher number of male diabetic patients. However, women

diabetic footwear market will be growing at a higher rate than men in the coming years. Increasing focus on research and development is also driving the market. Purdue

University’s researchers have developed a shoe insole that can aid in healing the diabetic foot ulcer. Podartis S.r.l., American Aetrex Worldwide, Inc., Orthofeet Inc, Drew Shoes

(U.S.), Dr. Comfort, DJO Global Inc (U.S.), Dr. Zen Products, Inc. (U.S.), Propet USA, Inc. (U.S.), DARCO International, I-Runner (U.S.), Finn Comfort (U.S.), Pilgrim shoes

(U.S.), Hush Puppies Retail, Inc., New Balance, Inc., and among others are some of the leading players operating in global diabetic footwear market.

“North America holds the largest share in the global diabetic footwear market, followed by the Asia-Pacific. Moreover, Asia-Pacific region is projected to register highest CAGR in

the coming years which can be attributed to surge in population, increase in ageing population, an increasing number of type 2 diabetic patients, rise in disposable income, and

growing awareness about diabetes and its impact on foot health. Also, there is an increasing number of people with the Impaired Glucose Tolerance, which is making people at

risk of getting diabetes in future.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

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Sample Data - Snapshot

5.00 6.00 7.00 8.00 9.00 10.00 11.00 12.00 13.00 14.00 15.00

2015 2019 2020E 2025F

Global Diabetic Footwear Market Size, By Value (USD Million), 2015-2025F

CAGR By Value

XX%CAGR By Value

YY%

Europe Diabetic Footwear Market Share, By Product, By Value, 2015-2025F

33%33%33%33%33%33%33%33%33%33%33%

34%34%34%34%34%34%34%34%34%34%34%

33%33%33%33%33%33%33%33%33%33%33%

2015

2016

2017

2018

2019

2020E

2021F

2022F

2023F

2024F

2025F

Shoes Sandals Slippers

Germany Diabetic Footwear Market Share, By Distribution Channel, By Value, 2015-2025F

50%50%50%50%50%50%50%50%50%50%50%

50%50%50%50%50%50%50%50%50%50%50%

2015

2016

2017

2018

2019

2020E

2021F

2022F

2023F

2024F

2025F

Store-based Non-store based

19

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Report Name: GLOBAL DIABETIC FOOTWEAR MARKET FORECAST & OPPORTUNITIES

2015 – 2025

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About Us & Disclaimer

TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in number of areas

to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting

models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and

global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the

market.

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complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and firsthand.

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global diabetic footwear market is projected to reach $ 9.7 billion by 2025

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diabetic footwear market