Worldwide, the diabetic footwear market is witnessing a significant growth due to increasing awareness regarding the use of diabetic footwear, among diabetic patients. A diabetic footwear provides comfort, but more importantly, protection. They help prevent ulcers from forming and prevent strains and calluses in the feet. Diabetic footwear are commonly used by the elderly population. Thus, with the increasing prevalence of diabetes around the world, the demand for diabetic footwear is also increasing. According to the American Diabetes Association, in 2018, around 34.2 million Americans, or 10.5% of the population, had diabetes. Nearly 1.6 million Americans have type 1 diabetes, including about 187,000 children and adolescents.
Moreover, diabetes is more common in the elderly population. According to the World Health Organization (WHO), by 2050, the world's population aged 60 years and older is expected to total 2 billion, up from 900 million in 2015. Thus, with the growing geriatric population, the demand for diabetic footwear is also increasing rapidly, driving the diabetic footwear market growth. Customized and specially designed, as well as technologically advanced diabetic footwear, with key features are becoming popular among the diabetic patients across the world. For instance, in 2018, Sensoria and Optima Molliter partnered to develop smart footwear that can measure compliance of diabetes patients with prescribed mechanical offloading protocols.
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