Cotton Diabetic Socks Market to Lead Diabetic Socks During the Forecast Period
The
rising awareness about personal hygiene, increasing demand for household
convenient products, and growing popularity about luxury products are the
leading factors driving the global body dryer market during the projected
period.
According to
TechSci Research report, “Diabetic Socks Market – Global Industry Size,
Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F” The diabetic socks market is
witnessing robust growth due to the rising number of diabetic cases globally is
leading to various deteriorating health issues such as ulcers, poor circulation
of blood. Thus, diabetic socks are developed in such a manner that they reduce
the risk of foot injury, increase blood circulation, and reduces the probability
of ulcers.
As per the data provided by
International Diabetes Federation, diabetes caused 6.7 million deaths in 2021.
Additionally, over the past 15 years, the cost of treating diabetes has
increased by 316%, to at least USD 966 billion and 541 million are at risk of
developing type 2 diabetes.
As the issue of diabetes
can’t be controlled in a certain manner, various companies are innovating
products to reduce the side-effects of diabetes. As diabetes mainly effects the
foot, which results into ulcers and amputation of the foot, people prefer to
use diabetic socks and as the cases of diabetes are rising, the demand of
diabetic socks is projected to rise during the forecast period.
Since choosing the
appropriate socks is essential for healthy foot care, which includes preventing
difficulties related to diabetes and diabetic neuropathy, diabetic socks are
made specifically for people with diabetes. Diabetics who wear socks can
protect their feet from pressure and help avoid the development of ulcers, as
these socks provides cushion to the feet that reduce friction to prevent the
individual from blisters and ulcers. These socks are seamless, well-padded,
snug-fitting, and non-restrictive, and they are made from premium materials
that are excellent at absorbing moisture. Additionally, diabetic compression
stockings can help reduce edema and keep feet and legs healthy.
The North America region dominated the global
diabetic socks market as the number of diabetic cases are increasing and in the
United States, diabetes is the main factor for non-traumatic amputations. In
general, 5% of diabetes mellitus patients experience foot ulcers, and 1%
require an amputation. Moreover, the rising expenditure on health-related
products in North American countries is significantly driving the demand of
diabetic socks in the region.
Additionally, the European region is expected to
dominate the global diabetic market during the forecast period as the number of
diabetic cases are increasing in the region. As per the data provided by Diabetes
UK Association, In United Kingdom, more than 4.9 million are affected with
diabetes and 13.6 million people are at the risk of having type 2 diabetes in
2021. Thus, it will drive the demand of diabetic socks in the region.
Due to the presence of both domestic and regional
competitors, the market for diabetic socks is highly fragmented. The market is expected
to see a flurry of activity from regional producers. Companies with a strong
brand image will gain ground and emerging businesses utilizing technology will
continue to dominate the market share.
Browse over xx market data
Figures spread through xx Pages and an in-depth TOC on the "Global Diabetic Socks Market"
The global diabetic socks
are segmented into hypermarkets, pharmacy & drug stores, e-commerce, and
others. Owing to increased sales, hypermarkets accounted for the greatest
revenue share. Distribution channel trends show that consumers are becoming
more inclined to purchase goods from offline retailers like pharmacies and
drugstore hypermarkets. People prefer to purchase these goods from retailers so
they can inspect the socks' quality and durability firsthand. One of the
primary factors driving the growth of the medical-grade product market is that
consumers are becoming more aware of the quality of such items.
Moreover, over the
forecast period, the e-commerce channel is expected to develop at the fastest
rate. In the upcoming years, market dynamics are expected to shift due to the
global expansion of the e-commerce sector. With a surge in shipments of
diabetic socks bought through online distribution channels, consumers are
demonstrating a shift in their shopping habits, especially in developed regions
such as North America and Europe.
Key market players in the global
diabetic socks market include:
- BSN Medical, Ltd.
- HangZhou Aidu Trading Co., Ltd.
- Simcan Enterprises Inc.
- Intersocks S.R.L.
- Thorlo, Inc.
- Creswell Sock Mills LLC, Veba
Inc.
- PediFix, Inc.
- Lifestyle Medical Group LLC.
- Walgreen Co.
Many companies have introduced technologically
sophisticated items to draw customers in order to gain a sizable market share
in the diabetic socks market. The development of smart socks technology is one
of the most significant emerging trends in diabetic socks worldwide. Some
diabetic socks have embedded sensors that measure the foot temperature and
provide alerts to an app. They have a dime-sized battery that is located
on the outside of the sock, near the ankle. These socks typically last around
six months. For instance, Siren Care, Inc. launched the smart diabetic socks
developed with neurofabric material with embedded microsensors which provides
consumer a better monitoring of their foot.
Download Free Sample Report
Customers can also request
10% free customization on this report.
"The rising diabetic
cases and foot related issues, increasing consumers awareness about the
benefits of diabetic socks and increasing government initiatives to curb
diabetes in different countries will influence the demand of global diabetic
socks market.” said Mr. Karan Chechi, Research Director with TechSci Research,
a research-based global management consulting firm.
“Diabetic Socks Market By
Product Type (Ankle Length, Calf Length, Knee Length), By Material Used
(Polyester, Cotton, Wool, Nylon, Others (Spandex, Bamboo)) By Sales Channel
(Hypermarkets, Pharmacy & drug Stores, E-Commerce and Others (Distributors,
Dealers, etc.)), By Region, Competition, Forecast & Opportunities,
2018-2028F” has evaluated the future growth potential of diabetic
socks market and provides statistics and information on
market structure, size, share, and future growth. The report is intended to
provide cutting-edge market intelligence and help decision-makers take sound
investment decisions. Besides, the report also identifies and analyzes the
emerging trends along with essential drivers, challenges and opportunities
present in diabetic socks globally.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]
Website: https://www.techsciresearch.com