The Asia Pacific Diabetic Socks Market would witness market growth of 6.3% CAGR during the forecast period (2023-2029).
The most recent advancement in diabetic socks is called "smart socks." In addition to being comfortable for the wearer, these socks have fibre optic sensors that can check the patient's lower legs for humidity, weight, and foot joints to detect any potential ulcers that may form in areas where nerve damage has occurred. As a result, the number of removals and fatalities caused by foot ulcers and contamination, which are common among diabetics, would drop dramatically due to this technical innovation.
The latest innovation in diabetic socks is smart socks. Smart socks use fibre optic sensors to track pressure, wetness, and ankle joints to detect the probable onset of ulcers in areas with nerve damage. As a result, amputations and fatalities caused by foot ulcers & infections can be significantly decreased using intelligent diabetic socks.
One of the key drivers of the market's expansion is the increase in diabetic neuropathy instances in different parts of the world. Diabetes, a condition in which nerves are harmed by high blood sugar levels, begins with a loss of sensation in the legs and feet and can progress to foot ulcers.
In this region, there is a high rate of sedentary and unhealthy lifestyle adoption. 90 million persons (20-79) in the IDF South-East Asia region will have diabetes, according to the International Diabetes Federation. It is anticipated that this figure would increase to 113 million by 2030 and to 152 million by 2045. In the IDF SEA Region, 46 million people have undiagnosed diabetes, which accounts for 51% of the region's adult diabetic population.
The prevalence of obesity & overweight, both of which are risk factors for Type 2 diabetes, is increasing in China as a result of bad diets and a lack of exercise. In China, 7% of adults are obese and more than a third are overweight. Children in China are also at risk for developing diabetes as a result of their unhealthy lifestyles, as more than 4 in 5 teenagers between the ages of 11 and 17 do not engage in enough physical exercise, and the prevalence of childhood obesity and overweight is rising quickly. The regional market for diabetic socks is experiencing additional growth potential as a result of the increased incidence of diabetes.
The China market dominated the Asia Pacific Diabetic Socks Market by Country in 2022; thereby, achieving a market value of $37.6 million by 2029. The Japan market is estimated to grow at a CAGR of 5.7% during (2023 - 2029). Additionally, The India market would experience a CAGR of 7% during (2023 - 2029).
Based on Distribution Channel, the market is segmented into Offline and Online. Based on Type, the market is segmented into Calf Length, Knee Length and Ankle Length. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Diabetic Socks Market is Projected to reach USD 463.9 Million by 2029, at a CAGR of 5.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Enovis Corporation, I-Runner (Healer Health LLC), Orthofeet, Inc., Knit-Rite, LLC, Drew Shoe Corporation, Creswell Sock Mills, HJ Sock Group Ltd. (Pantherella International Group Ltd), Syounaa (Nishikaa Garments International LLP), and Simcan Enterprises Inc.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
By Type
- Calf Length
- Knee Length
- Ankle Length
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Enovis Corporation
- I-Runner (Healer Health LLC)
- Orthofeet, Inc.
- Knit-Rite, LLC
- Drew Shoe Corporation
- Creswell Sock Mills
- HJ Sock Group Ltd. (Pantherella International Group Ltd)
- Syounaa (Nishikaa Garments International LLP)
- Simcan Enterprises Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Diabetic Socks Market, by Distribution Channel
1.4.2 Asia Pacific Diabetic Socks Market, by Type
1.4.3 Asia Pacific Diabetic Socks Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Diabetic Socks Market by Distribution Channel
3.1 Asia Pacific Offline Market by Country
3.2 Asia Pacific Online Market by Country
Chapter 4. Asia Pacific Diabetic Socks Market by Type
4.1 Asia Pacific Calf Length Market by Country
4.2 Asia Pacific Knee Length Market by Country
4.3 Asia Pacific Ankle Length Market by Country
Chapter 5. Asia Pacific Diabetic Socks Market by Country
5.1 China Diabetic Socks Market
5.1.1 China Diabetic Socks Market by Distribution Channel
5.1.2 China Diabetic Socks Market by Type
5.2 Japan Diabetic Socks Market
5.2.1 Japan Diabetic Socks Market by Distribution Channel
5.2.2 Japan Diabetic Socks Market by Type
5.3 India Diabetic Socks Market
5.3.1 India Diabetic Socks Market by Distribution Channel
5.3.2 India Diabetic Socks Market by Type
5.4 South Korea Diabetic Socks Market
5.4.1 South Korea Diabetic Socks Market by Distribution Channel
5.4.2 South Korea Diabetic Socks Market by Type
5.5 Singapore Diabetic Socks Market
5.5.1 Singapore Diabetic Socks Market by Distribution Channel
5.5.2 Singapore Diabetic Socks Market by Type
5.6 Malaysia Diabetic Socks Market
5.6.1 Malaysia Diabetic Socks Market by Distribution Channel
5.6.2 Malaysia Diabetic Socks Market by Type
5.7 Rest of Asia Pacific Diabetic Socks Market
5.7.1 Rest of Asia Pacific Diabetic Socks Market by Distribution Channel
5.7.2 Rest of Asia Pacific Diabetic Socks Market by Type
Chapter 6. Company Profiles
6.1 Enovis Corporation
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expenses
6.2 I-Runner (Healer Health LLC)
6.2.1 Company Overview
6.3 Orthofeet, Inc.
6.3.1 Company Overview
6.4 Knit-Rite, LLC
6.4.1 Company Overview
6.5 Drew Shoe Corporation
6.5.1 Company Overview
6.6 Creswell Sock Mills
6.6.1 Company Overview
6.7 HJ Sock Group Ltd. (Pantherella International Group Ltd)
6.7.1 Company Overview
6.8 Syounaa (Nishikaa Garments International LLP)
6.8.1 Company Overview
6.9 Simcan Enterprises Inc
6.9.1 Company Overview
TABLE 1 Asia Pacific Diabetic Socks Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Diabetic Socks Market, 2023 - 2029, USD Million
TABLE 3 Asia Pacific Diabetic Socks Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 4 Asia Pacific Diabetic Socks Market by Distribution Channel, 2023 - 2029, USD Million
TABLE 5 Asia Pacific Offline Market by Country, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Offline Market by Country, 2023 - 2029, USD Million
TABLE 7 Asia Pacific Online Market by Country, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Online Market by Country, 2023 - 2029, USD Million
TABLE 9 Asia Pacific Diabetic Socks Market by Type, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Diabetic Socks Market by Type, 2023 - 2029, USD Million
TABLE 11 Asia Pacific Calf Length Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Calf Length Market by Country, 2023 - 2029, USD Million
TABLE 13 Asia Pacific Knee Length Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Knee Length Market by Country, 2023 - 2029, USD Million
TABLE 15 Asia Pacific Ankle Length Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Ankle Length Market by Country, 2023 - 2029, USD Million
TABLE 17 Asia Pacific Diabetic Socks Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Diabetic Socks Market by Country, 2023 - 2029, USD Million
TABLE 19 China Diabetic Socks Market, 2019 - 2022, USD Million
TABLE 20 China Diabetic Socks Market, 2023 - 2029, USD Million
TABLE 21 China Diabetic Socks Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 22 China Diabetic Socks Market by Distribution Channel, 2023 - 2029, USD Million
TABLE 23 China Diabetic Socks Market by Type, 2019 - 2022, USD Million
TABLE 24 China Diabetic Socks Market by Type, 2023 - 2029, USD Million
TABLE 25 Japan Diabetic Socks Market, 2019 - 2022, USD Million
TABLE 26 Japan Diabetic Socks Market, 2023 - 2029, USD Million
TABLE 27 Japan Diabetic Socks Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 28 Japan Diabetic Socks Market by Distribution Channel, 2023 - 2029, USD Million
TABLE 29 Japan Diabetic Socks Market by Type, 2019 - 2022, USD Million
TABLE 30 Japan Diabetic Socks Market by Type, 2023 - 2029, USD Million
TABLE 31 India Diabetic Socks Market, 2019 - 2022, USD Million
TABLE 32 India Diabetic Socks Market, 2023 - 2029, USD Million
TABLE 33 India Diabetic Socks Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 34 India Diabetic Socks Market by Distribution Channel, 2023 - 2029, USD Million
TABLE 35 India Diabetic Socks Market by Type, 2019 - 2022, USD Million
TABLE 36 India Diabetic Socks Market by Type, 2023 - 2029, USD Million
TABLE 37 South Korea Diabetic Socks Market, 2019 - 2022, USD Million
TABLE 38 South Korea Diabetic Socks Market, 2023 - 2029, USD Million
TABLE 39 South Korea Diabetic Socks Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 40 South Korea Diabetic Socks Market by Distribution Channel, 2023 - 2029, USD Million
TABLE 41 South Korea Diabetic Socks Market by Type, 2019 - 2022, USD Million
TABLE 42 South Korea Diabetic Socks Market by Type, 2023 - 2029, USD Million
TABLE 43 Singapore Diabetic Socks Market, 2019 - 2022, USD Million
TABLE 44 Singapore Diabetic Socks Market, 2023 - 2029, USD Million
TABLE 45 Singapore Diabetic Socks Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 46 Singapore Diabetic Socks Market by Distribution Channel, 2023 - 2029, USD Million
TABLE 47 Singapore Diabetic Socks Market by Type, 2019 - 2022, USD Million
TABLE 48 Singapore Diabetic Socks Market by Type, 2023 - 2029, USD Million
TABLE 49 Malaysia Diabetic Socks Market, 2019 - 2022, USD Million
TABLE 50 Malaysia Diabetic Socks Market, 2023 - 2029, USD Million
TABLE 51 Malaysia Diabetic Socks Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 52 Malaysia Diabetic Socks Market by Distribution Channel, 2023 - 2029, USD Million
TABLE 53 Malaysia Diabetic Socks Market by Type, 2019 - 2022, USD Million
TABLE 54 Malaysia Diabetic Socks Market by Type, 2023 - 2029, USD Million
TABLE 55 Rest of Asia Pacific Diabetic Socks Market, 2019 - 2022, USD Million
TABLE 56 Rest of Asia Pacific Diabetic Socks Market, 2023 - 2029, USD Million
TABLE 57 Rest of Asia Pacific Diabetic Socks Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 58 Rest of Asia Pacific Diabetic Socks Market by Distribution Channel, 2023 - 2029, USD Million
TABLE 59 Rest of Asia Pacific Diabetic Socks Market by Type, 2019 - 2022, USD Million
TABLE 60 Rest of Asia Pacific Diabetic Socks Market by Type, 2023 - 2029, USD Million
TABLE 61 Key Information – Enovis Corporation
TABLE 62 Key Information – I-Runner
TABLE 63 Key Information – Orthofeet, Inc.
TABLE 64 Key Information – Knit-Rite, LLC
TABLE 65 Key Information – Drew Shoe Corporation
TABLE 66 Key Information – Creswell Sock Mills
TABLE 67 Key Information – HJ Sock Group Ltd.
TABLE 68 Key Information – syounaa
TABLE 69 Key Information – Simcan Enterprises Inc
List of Figures
FIG 1 Methodology for the research