The report provides an in-depth analysis of the competitive landscape, along with company profiling of key players involved in the global Diabetic Socks market drivers and restraints market. The authors of the report make sure to equip readers with a thorough evaluation of the vendor landscape and inform them of the current and future changes that can be expected. The competitive analysis offered in the report inspects the market share, gross margin, product portfolio, consumption, market status, and technologies of leading players controlling a significant portion of the global Diabetic Socks market drivers and restraints market.
Diabetes is becoming more prevalent all around the world. According to International Diabetes Foundation, 537 million people (20-79 years old) will have diabetes by 2021, with 1.5 million new cases of diagnosed each year in the U.S. 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.
- 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.
- On February 25, 2021, Siren, a health technology business that was a pioneer in the creation of microsensor-embedded textiles for medical uses, announced that Siren Staffing, a Remote Patient Monitoring (RPM) program, would be added to its line of siren diabetic socks. These socks were created to assist people with diabetes in better managing their foot health by continuously monitoring foot temperature. It is advised to use temperature monitoring as a strategy to identify and prevent Diabetic Foot Ulcers (DFUs) because it has been clinically proven to be a significant physiologic marker of injury.
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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
- North America
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