Global Smart Diabetic Socks Market 2023-2030

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    GLOBAL SMART DIABETIC SOCKS MARKET

     

    INTRODUCTION

     In order to create the first smart wearable that offers real-time biofeedback data, the “Smart Diabetic Socks” initiative is working on a pair of diabetic socks. A foot that is wet is a perfect environment for bacteria to develop in a wound and spread infection. Dry feet are made possible by the moisture-wicking fabric used to make diabetic socks.

     

     This could be a mixture of synthetic fabrics or wool.  There has been development of a completely cordless, programmable, and washable “smart sock.” The fabric used to make it is knitted in such a way that measurements of the pressure placed under and all around the foot under actual walking conditions are produced.

     

    GLOBAL SMART DIABETIC SOCKS MARKET SIZE AND FORECAST

     

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    The Global Smart diabetic socks market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

     

    NEW PRODUCT LAUNCH

    For people with diabetes, Siren has introduced smart socks. The Siren Diabetic Sock and Foot Monitoring System and its companion software track users’ foot temperatures as an early indicator of inflammation and, ultimately, diabetic foot ulcers.

     

    It developed this technology because there was no way to constantly check for these serious issues, despite the fact that foot ulcers are the most frequent, expensive, and fatal complication for diabetics. 

     

    The Neurofabric has countless uses in the fields of healthcare, athletics, the military, and fashion, but it was clear to them that tackling this particular issue was where they needed to start because it affects so many people and can mean the difference between losing a limb or not.

     

    Siren claimed that the material can be made affordably and effectively using common industrial machinery because the Neuro Fabric textile is designed with its microsensors integrated right into the fabric.

     

     Additionally, when worn, clothing manufactured from the material has the same appearance and feel as other clothing. With Siren’s recently released smart sock, users can continuously watch their body temperatures at a clinical level all day long.

     

    Wearers can watch the current foot temperature at six different locations through the app or online web portal, and they can opt to receive push notifications or text messages whenever there is an increase.

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many Smart diabetic socks are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global Smart diabetic socks and key vendor selection criteria
    3. Where are the Smart diabetic socks manufactured? What is the average margin per unit?
    4. Market share of Global Smart diabetic socks market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global Smart diabetic socks in-house
    6. key predictions for next 5 years in Global Smart diabetic socks market
    7. Average B-2-B Smart diabetic socks market price in all segments
    8. Latest trends in Smart diabetic socks market, by every market segment
    9. The market size (both volume and value) of the Smart diabetic socks market in 2023-2030 and every year in between?
    10. Production breakup of Smart diabetic socks market, by suppliers and their OEM relationship

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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