“Emerging Research | Diabetic Socks Market »
The increasing prevalence of diabetics and related complications, such as diabetic alimentary ulcer (DFC) and diabetic neuropathy, is a key driver for the revenue growth of the diabetic socks market
The global diabetic socks market size was USD 344.80 million in 2021 and is expected to register a revenue CAGR of 4.8% during the forecast period, according to the latest analysis from Emergen Research. The increase in the prevalence of diabetics and associated complications such as diabetic alimentary ulcer (DFC) and diabetic neuropathy, growing consumer demand for better accessibility, and the advantages offered by diabetic socks to patients over socks ordinary people, and the introduction of innovative smart sock technology are factors driving the rising revenue market.
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Diabetes is increasingly prevalent all over the world. According to the International Diabetes Foundation, 537 million people (ages 20-79) will have diabetes by 2021, with 1.5 million new cases diagnosed each year in the United States. Diabetes can lead to a number of health problems, including retinopathy, brain disease, or heart disease. , neuropathy (abnormalities of the nervous system) and diabetic foot ulcers (DPUs), among others. However, one of the most common and early concerns is the increase in skin problems in diabetic patients.
The feet of most diabetics become a particularly sensitive area, making diabetes-related foot ulcers a common problem that requires careful observation and medical management, due to delayed healing and reduced immunity. . According to research, foot ulcer affects 15-25% of diabetics during their lifetime and an open wound can become infected and cause problems, while in 85% of limb amputation cases related to diabetes, ulceration occurred first.
Therefore, patients with diabetes who have foot problems, such as diabetic foot ulcers, changes in foot color or temperature, irritation, nerve damage, blisters, fungal infections, feet often Wet or damp and decreased pedal pulse, would benefit from wearing only diabetic socks, which is likely to increase the demand for diabetic socks in these patients.
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People with diabetes can wear socks specially designed for them. To prevent diabetes and diabetic neuropathy problems, proper foot care is essential, which includes the selection of appropriate socks. People with diabetes can protect their feet from pressure and help prevent ulcers by wearing diabetic socks, as these socks also help prevent blisters and ulcers by cushioning the foot and reducing friction. Due to the growing customer desire for diabetic socks and their ability to immediately address associated foot problems, diabetic socks are designed with various features that are driving the market revenue growth. These socks include padding in addition to a variety of stitch patterns, yarns and fabrics to protect delicate feet.
The global diabetic socks market is highly consolidated owing to the presence of a large number of companies in this industry. The report examines in detail the current position of these companies in the market, their past performance, supply and demand graph, production and consumption patterns, sales network, distribution channels and opportunities. growth in the market. The report examines the strategic approach of leading market players to expand their product offerings and strengthen their market presence.
Major participants include Apex Foot Health Industries, SIGVARIS, Siren, HangZhou Aidu Trading Co., Ltd., Soyad Brothers LLC., DJO, LLC, PediFix Inc., Cupron, Thorlo Inc., Reflexa and BSN Medical.
The copper segment accounted for a moderate revenue share in 2021. Copper infused socks also prevent athlete’s foot from spreading when worn again and these socks prevent odor. Within hours of contact, the antimicrobial properties of copper successfully eliminate bacteria, viruses and fungi that cause skin diseases or unpleasant odors and the copper-infused fabric also promotes the growth of new skin cells, which accelerates wound healing and provides protection against pathogens.
Compression socks and accessories with copper infusion can help with blood circulation and foot health, making it easier to manage or prevent diabetes-related issues. The copper ions are molecularly inserted into the yarn of the sock, where they will remain using modern technology. These are major factors driving the revenue growth of this segment.
The retail store segment accounted for a major share of revenue in 2021. This is attributed to offline stores offering a variety of hair care product options promoting branded and private label products. Retail establishments give customers the right to make decisions by allowing them to choose from a variety of brands. Customers can also interact with owners and employees of retail establishments on various products to get relevant information.
Retail store owners and employees can help customers make the best decision, which may be more convenient for them if they prefer an efficient shopping process to browsing online. Retail establishments improve customer happiness and facilitate smarter buying decisions by enabling a complete shift in the consumer’s buying journey.
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The Global Diabetic Socks Market report covers the analysis of drivers, trends, limitations, restraints, and challenges occurring in the Diabetic Socks market. The report also examines the impact of various other market factors affecting market growth across various segments and regions. The report segments the market based on types, applications, and regions to give a better understanding of the Diabetic Socks market.
Emergen Research has segmented the global diabetic socks market on the basis of material type, distribution channel, and region:
Material Type Outlook (Revenue, USD Million; 2019-2030)
Distribution Channel Outlook (Revenue, USD Million; 2019-2030)
The report also offers regional level analysis and market estimation for the regions: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa.
Regional Outlook of the Diabetic Socks Market:
The rest of Europe
Rest of APAC
Rest of LATAM
Middle East and Africa
United Arab Emirates
Rest of MEA
Key Benefits of Buying Global Diabetic Socks Report:
Complete analysis of the changing competitive landscape
Assistance with business decision-making processes as well as detailed strategic planning methodologies
The report offers an 8-year forecast and assessment of the global diabetic socks market
Helps in understanding the key product segments and their estimated growth rate
In-depth analysis of market drivers, restraints, trends and opportunities
Comprehensive regional analysis of the Global Diabetic Socks Market
In-depth profiling of key business stakeholders
Detailed analysis of factors influencing the growth of the global diabetic socks market
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