Diabetic Socks Market Size, Revenue, Trends, Competitive Landscape Study & Analysis, Forecast To 203
- sareena shaikh
- Nov 14, 2022
- 3 min read
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 latest analysis by Emergen Research. Increasing prevalence of diabetics and related complications such as Diabetic Food Ulcer (DFC) and diabetic neuropathy, growing consumer demand for better & improved accessibility and benefits offered by diabetic socks to patients over regular socks, and introduction of innovative smart sock technology are factors driving market revenue growth.
The Diabetic Socks market drivers and restraints Market report covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
Diabetes can cause a number of health issues, including retinopathy, brain or heart disease, neuropathy (nerve system abnormalities), and Diabetic Foot Ulcers (DFU), among others. One of the most common and early concerns, however, is rise 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% to 25% of diabetics over the course of their lifetime and an open sore can become infected and cause problems, while in 85% of diabetes-related limb amputation cases, ulceration occurred first. Therefore, patients suffering from diabetes who have foot problems, such as diabetic foot ulcers, changes in foot color or temperature, irritation, nerve damage, blisters, fungal infections, frequently damp or moist feet, and decreased pedal pulse, would benefit from wearing solely diabetic socks, which is likely to increase demand for diabetic socks among such patients.
Some Key Highlights From the Report
The copper segment accounted for a moderate revenue share in 2021. Copper-infused socks also stop an athlete's foot from spreading when worn again and these socks prevent odor. Within hours of contact, copper's antimicrobial properties successfully eliminate bacteria, viruses, and fungi that cause skin diseases or offensive odors and copper-impregnated fabric also aids in growth of new skin cells, which speeds up wound healing and offers protection from pathogens. Compression socks and accessories with copper infusion can aid with blood flow and foot health, making it simpler to manage or prevent diabetes-related issues. Copper ions are molecularly inserted into the yarn of sock, where they will stay for by using modern technology. These are major factors driving revenue growth of this segment.
The retail stores segment accounted for a significant revenue share in 2021. This is attributed to offline stores facilitating a variety of options of hair care products promoting both branded and private labelled products. Retail establishments give customers right to make decision by allowing them to select from a variety of brands. Customers can also interact with owners and employees of retail establishments about various products to gain pertinent information. Retail store owners and employees may help customers make the best decision, which might be more convenient for them if they prefer an efficient purchasing procedure to browsing online. Retail establishments enhance customer happiness and facilitate smarter purchasing decisions by enabling a comprehensive shift in the consumer's shopping journey.
Some major companies in the global market report 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.
To get leading market solutions, visit the link below: https://www.emergenresearch.com/industry-report/diabetic-socks-market
Emergen Research has segmented the global diabetic socks market based on material type, distribution channel, and region:
Material Type Outlook (Revenue, USD Million; 2019-2030)
Bamboo
Copper
Wool
Acrylic
Others
Distribution Channel Outlook (Revenue, USD Million; 2019-2030)
E-Commerce
Retail Stores
Hospital Pharmacies
Regional Outlook (Revenue, USD Million; 2019-2030)
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of Middle East & Africa
Latest Reports Published by Emergen Research:
About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend’s existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
"
Comments