Increasing incidence of diabetes in the world is expected to augment the growth of the global diabetic footwear market. Moreover, the market is also getting support from the high availability of several types of diabetic healthcare goods, such as ketone test strips and insulin pump. The key players in the market are continuously focusing on making the buying experience for patients, more efficient and accurate. The increasing geriatric population globally is also assessed to drive the market growth. However, diabetic footwear could come at very high prices, which is estimated to hinder the growth of the global diabetic footwear market.
According to Coherent Market Insights, Diabetic Footwear Market was valued at US$ 7,783.5 Million in 2021 in terms of revenue, and is expected to exhibit a CAGR of 7.86% during the forecast period (2022 to 2030).
Leading companies in the Diabetes Footwear Industry:
1. Podartis Srl.
Since 1998, Podartis, an Italy-based company, introduced numerous products linked to foot care. Its headquarters are at Crocetta Del Montello. Podartis has launched a new app as a support tool for foot professionals namely Podiapp 2.0. It was launched in April 2021 by Podartis for medical staff, Podartist or orthopaedic technician, sales and students.
2. Pilgrim Shoes
In the year 1988, Pilgrim shoes was established. It is a leading diabetic and therapeutic footwear producer with headquarters in Baltimore, Maryland, U.S.
3. Drew shoe Corporation
Irving Drew established Drew shoe Corporation in the year 1875. The company currently owns and operates a facility in Lancaster, Ohio, which houses its warehousing, distribution, and administrative functions. With experience of more than 145 years Drew is the leading manufacturer in diabetic footwear and orthopaedic footwear.
4. DJO Global
DJO was established in the year 1978. It has over 12 facilities worldwide. DJO Global is leading medical technology company and focused on developing different clinical solutions among them diabetic footwear is one of their leading products. DJO Global announced DynaNail helix which comes with pre-stretched and pre-loaded on disposable nail guide for maximum efficiency. This was announced in November 2022. Moreover, this helps in faster healing with less complications as required for diabetic patients.
5. Aetrex Worldwide limited
In 1946 Paul and Charles Schwartz founded Aetrex. The company has 70 years of experience in foot health and comfort, and is globally recognized. It has headquarters in New Jersey, U.S. and distributes products globally. Aetrex is renowned globally in foot scanning technology, orthotics, and comfort had announced Foot.com data portal. The data from portal will help creating diabetic footwear and comfortable footwear and this is operational since September 2022.
6. Anodyne
Anodyne is a diabetic footwear company founded in year 2015. It has its headquarters in Milwaukee, Wisconsin. Anodyne is medical equipment manufacturing with specialization in comfort based footwear and diabetic footwear, diabetic treatment. As the medical risk to the growing diabetic population is increasing LLC HealthEdge has completed investment in Anodyne in November 2022.
7. Propet Footwear
Founded in 1985, the company has headquarters in Auburn, WA. It is a comfort footwear brand and also leading manufacturer of diabetic footwear.
8. Orthofeet Inc.
Orthofeet was established in 1985. This company manufactures shoes for diabetic patients as well as orthotics. Its headquarters are established in Norwood, U.S.
9. Pedors shoes
Pedors shoes is leading shoe manufacturer established in 1995. Headquartered in Roswell, GA, Pedors specializes in diabetic footwear manufacturing.
10. Reed Medical Ltd.
Reed Medical Ltd. is specialist in therapeutic footwear supplying NHS since 1960. The headquarters are based in Blackburn, Lancashire. It is UK’s leading manufacturer in footwear for people with diabetes, arthritis, and some other foot needs.
*Definition- Diabetic footwear are given to patients who are suffering from diabetes. Diabetes can lead to sores, abscesses, ulcers, or a loss of sensation, especially in the feet.
