Diabetic Socks Market Size, Share, Growth Analysis, By Product Type(Bamboo, copper), By Distribution Channel(E-Commerce, retail stores) - Industry Forecast 2024-2031

Diabetic Socks Market size was valued at USD 177.7 million in 2019 and is poised to grow from USD 187.3 million in 2023 to USD 285.27 million by 2031, growing at a CAGR of 5.4% in the forecast period (2024-2031).

Diabetes is becoming more common all around the world. According to the International Diabetes Foundation, 1.5 million new instances of diabetes are diagnosed in the United States each year, and 537 million persons (20-79 years old) were diagnosed with diabetes in 2019. By 2030, there will be 643 million diabetics globally, and by 2031, there will be 783 million. The Centers for Disease Control and Prevention have made the 2022 National Diabetes Statistics Report public (CDC). According to this report, there are approximately 130 million people in the United States who have diabetes or prediabetes. Diabetes can cause a variety of health problems, including brain or heart disease, kidney illness, neuropathy (nervous system abnormalities), retinopathy, and other eye problems. However, one of the most common and early symptoms among diabetes patients is an increase in skin problems. Because of delayed healing and reduced immunity, the feet of most diabetics become a particularly sore spot. Also, diabetes-related foot ulcers are a common problem that necessitates close monitoring and medical intervention. Diabetic foot ulcers cause more hospitalizations than any other diabetes complication. Diabetes is currently the leading cause of non-traumatic amputations in the United States. Approximately 5% of diabetic people develop foot ulcers, and 1% requires amputation. Additionally, it may cause nerve damage, leading patients to lose sensation in their toes or other portions of their feet. Neglected foot ulcers and open sores can develop infected and, in extreme cases, need an amputation. As a result, diabetic patients 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 only diabetic socks, which is expected to drive demand for these socks among such patients and is an important component driving market revenue growth.

Diabetic socks are made specifically for persons with diabetes since good foot care is critical, which includes choosing the right socks to prevent diabetes and diabetic neuropathy. Diabetics can use socks to protect their feet from pressure and avoid ulcers, whereas diabetic socks, which cushion the feet and reduce friction, can help prevent blisters and ulcers. These socks have padding as well as a variety of stitch patterns, yarns, and fibers to protect fragile feet. These socks are made of premium materials that are highly absorbent, seamless, well-padded, close-fitting, and non-restrictive. Furthermore, diabetic compression stockings might help to reduce edema and keep your legs and feet healthy. They have a nylon exterior to reduce friction while walking and the risk of a foot injury. Since a study published in the Journal of Diabetes Science and Technology revealed that socks with a little compression might reduce edema without exacerbating poor circulation, that level of accuracy is used to create these extraordinary socks.

Diabetic socks are designed with a variety of features to directly address foot problems associated with the condition, which is associated with rising customer preference for these socks, driving market revenue growth. The primary function of these socks is to protect the feet from damage and to reduce skin inflammation. Some are made from delicately textured materials such as wool and bamboo, which have built-in antibacterial properties and will not irritate the skin, whereas others are made with copper- or silver-infused yarn, which has been found to have anti-fungal qualities, preventing bacteria and fungi growth. Some companies, such as Dr. Scholl's, manufacture diabetic socks made of a special blister-guard yarn meant to reduce friction that could cause blisters. The antibacterial properties of the wool, bamboo, and charcoal used to make diabetic socks make them even more useful. These are some of the most important reasons driving market revenue growth.

US Diabetic Socks Market is poised to grow at a sustainable CAGR for the next forecast year.