Growth Drivers:
1. Increasing prevalence of diabetes in the U.S. population
Industry Restraints:
1. High cost of diabetic footwear
Segment Analysis: The U.S. Diabetic Footwear Market can be segmented based on product type, end-user, and distribution channel. Product types include therapeutic shoes, custom shoes, and prefabricated shoes. End-users primarily consist of men and women with diabetes. Distribution channels include specialty stores, online retailers, and medical centers.
Competitive Landscape: Key players in the U.S. Diabetic Footwear Market include companies such as Dr. Comfort, Orthofeet, Aetrex Worldwide, Inc., and Drew Shoe. These companies are focusing on product innovation, expanding their distribution networks, and strategic partnerships to gain a competitive edge in the market. Rising competition among players is expected to lead to further advancements in diabetic footwear technology and design.