Market Overview:
The global diabetic socks market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of diabetes, growing awareness about diabetic socks, and technological advancements in diabetic socks. The global diabetic socks market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into regular socks and smart socks. The regular sock segment dominates the global diabetic sock market owing to its low cost as compared to smart socks.
Product Definition:
A diabetic sock is a sock designed to improve blood circulation and protect the feet of people with diabetes. They are typically made from a moisture-wicking fabric and have a seam-free toe to reduce the risk of blisters.
Regular Socks:
Regular socks are designed to provide better comfort and fit. They have padding in the right places, they are made with a stretchable material so that they can fit almost any foot, and some even come with built-in compression to help circulation stay boosted throughout the day. The growth factor for diabetic socks is their ability to reduce swelling and prevent blisters that may occur due to diabetes or from wearing shoes for long durations.
Smart Socks:
Smart socks are connected to a sensor device that monitors the skin for temperature, humidity, and blood circulation. The data obtained from these sensors is wirelessly transmitted to an application on a smartphone or tablet where it is analyzed and displayed in graphs and statistics. Some smart socks also connect with insulin pumps through Bluetooth connectivity which enables real-time monitoring of blood circulation along with other vital signs.
Application Insights:
The retail stores application segment accounted for the largest share of over 50.0% in 2017. The growing prevalence of diabetes and the rising number of diabetic patients is expected to contribute towards the growth of this segment during the forecast period. Moreover, increasing foot problems due to lack of proper footwear is anticipated to boost product demand in this segment over the forecast period.
Online stores are expected to be one of fastest-growing segments owing to several advantages associated with online shopping such as convenience, accessibility and flexibility that enable customers living with diabetes or suffering from chronic diseases like heart disease & stroke get optimum benefits from these products without having physical contact with them or undergoing medical tests at a pharmacy/clinic respectively.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% during the forecast period. This can be attributed to increasing cases of diabetes and awareness about its treatment, high disposable income, and availability of advanced products in this region. Asia Pacific is estimated to be the fastest-growing regional market from 2018 to 2030 owing to rising diabetic population, improving economic conditions, expanding retail networks and increasing online shopping activities in emerging countries such as China & India.
Europe also held a significant share in terms of revenue generation for diabetic socks industry globally due to presence of developed economies such as Germany and U K.
Growth Factors:
- Increasing incidence of diabetes: The global prevalence of diabetes is increasing at an alarming rate. This is primarily because of the changing lifestyle and dietary habits. As a result, there is an increased demand for diabetic socks, which can help in managing the condition better.
- Growing awareness about diabetic socks: There has been a growing awareness about the benefits of using diabetic socks in recent years. This has helped to boost the sales of these products significantly.
- Technological advancements: The technological advancements in the field of medical textiles have led to the development of innovative and effective diabetic socks products that are more comfortable to wear and provide better results..
Scope Of The Report
Report Attributes
Report Details
Report Title
Diabetic Socks Market Research Report
By Type
Regular Socks, Smart Socks
By Application
Retail Stores, Online Stores, Modern Trade, Pharmacies, Clinics, Others
By Companies
BSN Medical , Therafirm, SIGVARIS, SIMCAN ENTERPRISES, 3M, Veba, Siren Care, Intersocks, THORLO, Cupron, Creswell Sock Mills
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Diabetic Socks Market Report Segments:
The global Diabetic Socks market is segmented on the basis of:
Types
Regular Socks, Smart Socks
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Retail Stores, Online Stores, Modern Trade, Pharmacies, Clinics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BSN MedicalÂ
- Therafirm
- SIGVARIS
- SIMCAN ENTERPRISES
- 3M
- Veba
- Siren Care
- Intersocks
- THORLO
- Cupron
- Creswell Sock Mills
Highlights of The Diabetic Socks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Regular Socks
- Smart Socks
- By Application:
- Retail Stores
- Online Stores
- Modern Trade
- Pharmacies
- Clinics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Diabetic Socks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Diabetic socks are a type of sock that is designed to help people with diabetes manage their blood sugar levels. They are made from a special type of fabric that helps trap moisture and keep your feet warm. Diabetic socks also have extra padding on the bottom to protect your feet from rubbing against each other, which can cause blisters or other skin problems.
Some of the major players in the diabetic socks market are BSN Medical‚Â , Therafirm, SIGVARIS, SIMCAN ENTERPRISES, 3M, Veba, Siren Care, Intersocks, THORLO, Cupron, Creswell Sock Mills.
The diabetic socks market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Diabetic Socks Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Diabetic Socks Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Diabetic Socks Market - Supply Chain
4.5. Global Diabetic Socks Market Forecast
4.5.1. Diabetic Socks Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Diabetic Socks Market Size (000 Units) and Y-o-Y Growth
4.5.3. Diabetic Socks Market Absolute $ Opportunity
5. Global Diabetic Socks Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Diabetic Socks Market Size and Volume Forecast by Type
5.3.1. Regular Socks
5.3.2. Smart Socks
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Diabetic Socks Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Diabetic Socks Market Size and Volume Forecast by Application
6.3.1. Retail Stores
6.3.2. Online Stores
6.3.3. Modern Trade
6.3.4. Pharmacies
6.3.5. Clinics
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Diabetic Socks Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Diabetic Socks Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Diabetic Socks Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Diabetic Socks Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Diabetic Socks Demand Share Forecast, 2019-2026
9. North America Diabetic Socks Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Diabetic Socks Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Diabetic Socks Market Size and Volume Forecast by Application
9.4.1. Retail Stores
9.4.2. Online Stores
9.4.3. Modern Trade
9.4.4. Pharmacies
9.4.5. Clinics
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Diabetic Socks Market Size and Volume Forecast by Type
9.7.1. Regular Socks
9.7.2. Smart Socks
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Diabetic Socks Demand Share Forecast, 2019-2026
10. Latin America Diabetic Socks Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Diabetic Socks Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Diabetic Socks Market Size and Volume Forecast by Application
10.4.1. Retail Stores
10.4.2. Online Stores
10.4.3. Modern Trade
10.4.4. Pharmacies
10.4.5. Clinics
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Diabetic Socks Market Size and Volume Forecast by Type
10.7.1. Regular Socks
10.7.2. Smart Socks
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Diabetic Socks Demand Share Forecast, 2019-2026
11. Europe Diabetic Socks Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Diabetic Socks Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Diabetic Socks Market Size and Volume Forecast by Application
11.4.1. Retail Stores
11.4.2. Online Stores
11.4.3. Modern Trade
11.4.4. Pharmacies
11.4.5. Clinics
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Diabetic Socks Market Size and Volume Forecast by Type
11.7.1. Regular Socks
11.7.2. Smart Socks
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Diabetic Socks Demand Share, 2019-2026
12. Asia Pacific Diabetic Socks Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Diabetic Socks Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Diabetic Socks Market Size and Volume Forecast by Application
12.4.1. Retail Stores
12.4.2. Online Stores
12.4.3. Modern Trade
12.4.4. Pharmacies
12.4.5. Clinics
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Diabetic Socks Market Size and Volume Forecast by Type
12.7.1. Regular Socks
12.7.2. Smart Socks
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Diabetic Socks Demand Share, 2019-2026
13. Middle East & Africa Diabetic Socks Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Diabetic Socks Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Diabetic Socks Market Size and Volume Forecast by Application
13.4.1. Retail Stores
13.4.2. Online Stores
13.4.3. Modern Trade
13.4.4. Pharmacies
13.4.5. Clinics
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Diabetic Socks Market Size and Volume Forecast by Type
13.7.1. Regular Socks
13.7.2. Smart Socks
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Diabetic Socks Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Diabetic Socks Market: Market Share Analysis
14.2. Diabetic Socks Distributors and Customers
14.3. Diabetic Socks Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BSN Medical
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Therafirm
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SIGVARIS
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SIMCAN ENTERPRISES
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. 3M
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Veba
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Siren Care
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Intersocks
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. THORLO
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Cupron
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Creswell Sock Mills
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
