Orthopedic Footwear Market Size & Share, by Product (Slippers, Sandals, Shoes); End-user {Children <5 years, Juveniles (Girls, Boys), Adults (Women, Men)]}; Distribution Channel (Stores Based, Online Stores); Indication (Diabetes & Edema, Arthritis, Flat Feet, Heel Pain) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 2508
  • Published Date: Jul 21, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2023 – 2035

Orthopedic Footwear Market size is projected to cross USD 12.0 Billion by the end of 2035, witnessing around 10% CAGR during the forecast period, i.e., 2023 – 2035. In the year 2022, the industry size of orthopedic footwear was over USD 3.6 Billion. The major driving growth factors for this market are is increasing population with chronic diseases and pain. Orthopedic shoes are specially designed for people with deformities in the foot and ankle. They help to provide support to muscles and joints and help reduce pain while walking or standing. According to our research, at least one in four older people is affected by foot pain around the world.

In addition, the increased interest in participating in physical activities like walking, jogging, and playing sports is anticipated to open up a lot of chances for orthopedic footwear market expansion in the years to come. The World Health Organization (WHO) recommends that persons between the ages of 18 and 64 engage in at least 150–300 minutes of moderate-intensity or 75–150 minutes of vigorous-intensity aerobic physical activity each week


Orthopedic Footwear Market
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Orthopedic Footwear Sector: Growth Drivers and Challenges

Growth Drivers

  • Increasing Health awareness and Popularity of Orthopedic Footwear- There has been growing awareness amongst the population about foot care and rising consumer spending on healthcare products. Owing to the various features associated with orthopedic footwear such as removable insole, extra width, and supportive heel, could be a factor projected to propel the growth of this orthopedic footwear market.
  • Increasing Injuries- Increasing sports injuries, fractures, neuromuscular problems, and disorders are increasing the growth of this market.  Fall injuries accounted for 51 % of medical care and 61% of emergency orthopedic surgery cases.
  • Increasing Patients of Plantar Fasciitis- The global market is expected to grow as a result of the increased incidence of plantar fasciitis. People dealing with plantar fasciitis require extra cushioning in their footwear in order to provide support to their feet. Thus, orthopedic footwear is also opted by people for managing plantar fasciitis. According to a report published in the year 2022 by NCBI, in the United States, between 25 and 65 years of age, 83% of patients with plantar fasciitis are working adults.

Challenges

  • Lack of Skilled Labor- Despite improving the orthopedic footwear market, there is a lack of necessary equipment as well as a lack of skilled labor in research and development. This is estimated to restrain the growth of the market in the forecasted period.
  • High Cost Associated with the Orthopedic footwear
  • Alternative treatments for Orthopedic Condition

Orthopedic Footwear Market: Key Insights

Base Year

2022

Forecast Year

2023-2035

CAGR

~ 10%

Base Year Market Size (2022)

 ~ USD 3.6 Billion

Forecast Year Market Size (2035)

 ~ USD 12.0 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Orthopedic Footwear Segmentation

Product (Slippers, Sandals, Shoes)

The shoes segment is estimated to hold 45% share of the global orthopedic footwear market by the end of 2035. Orthopedic shoes are used to provide support to flat feet. In addition, there are numerous benefits of orthopedic shoes such as shock absorption, stability, and high ability to walk as well as distributing weight evenly, this segment is predicted to grow in the market during the forecasted period.

Indication (Diabetes & Edema, Arthritis, Flat Feet, Heel Pain)

The diabetes & edema segment in the orthopedic footwear market is set to garner the highest gain in the upcoming years with 47%. This segment is said to be increasing the market growth owing to the rising cases of diabetes worldwide as diabetes results in swollen feet. According to the International Diabetes Federation, around 700 million people are predicted to suffer from diabetes by 2045.  Moreover, an increase in the number of diabetic patients in developing countries anticipates the demand for orthopedic footwear and diabetic footwear across the globe. The bulk of the approximately 422 million individuals with diabetes globally reside in low- and middle-income nations, and diabetes is directly responsible for 1.5 million fatalities annually.

Our in-depth analysis of the global orthopedic footwear market includes the following segments:

           Product

  • Slippers
  • Sandals
  • Shoes

           End User

  • Children <5 years
  • Juveniles
  • Girls
  • Boys
  • Adults
  • Women
  • Men

            Distribution Channel

  • Stores Based
  • Online Stores

             Indication

  • Diabetes & Edema
  • Arthritis
  • Flat Feet
  • Heel Pain

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Orthopedic Footwear Industry - Regional Synopsis

North American Market Forecast

The North America orthopedic footwear market is anticipated to register the highest revenue of 35% by the end of 2035.  One of the main reasons for the growth of this market in the particular region is an increase in the number of geriatric populations, as they are highly prone to numerous diseases. In addition, during this age, people usually require tailored products that are suitable to them according to their needs. Moreover, there has been a surge in the number of keyhole orthopedic surgeries, as well as a rise in the research and development for better products in countries such as the United States. There are approximately 25,500 orthopedic surgeons practicing in the United States, according to the American Academy of Orthopaedic Surgery. Also, the older population increased by 50.9 million, from 4.9 million (or 4.7% of the total U.S. population) in 1920 to 55.8 million (16.8%) in 2020. This represents a growth rate of about 1,000%, almost five times that of the total population (about 200%).

 APAC Market Statistics

The orthopedic footwear market in Asia pacific is estimated to garner the second-largest revenue with a 28% share in the market. The growth of the market is anticipated to increase because of the developing healthcare infrastructure. Moreover, there has been an increasing investment by key players in the manufacturing of orthopedic footwear. In this region, people are opting for regular check-ups in order to keep themselves fit in different stages of life.

Research Nester
Orthopedic Footwear Market Size
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Companies Dominating the Orthopedic Footwear Landscape

top-features-companies
    • Darco
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Dr. Comfort
    • Mephisto
    • Apex
    • Propet
    • Vionic
    • Chaneco
    • Duna
    • Orthofeet Inc.
    • Piedro

In the News

  • Orthofeet, Inc. ("Orthofeet"), a leading designer and manufacturer of biomechanically designed footwear, announced the launch of its first direct-to-consumer website – www.orthofeet.com. The new website, a re-design of its existing health care provider website, offers a convenient, secure way to browse and purchase a wide variety of therapeutic shoes for men and women. The site also features educational resources about foot care, with customized content for adults with diabetes who are prone to medical foot conditions.
  • Mephisto launches its Nature is Future collection worldwide. At the latest edition of Micam, held from Sept. 18 to 20 in Milan for the presentation of spring/summer 2023 collections, Mephisto started distributing worldwide its sustainable women and men’s sneakers brand Nature is Future by Mephisto.

Author Credits:  Radhika Pawar


  • Report ID: 2508
  • Published Date: Jul 21, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major driving growth factor for this market is the increasing population with chronic diseases.

The market size of Orthopedic Footwear market is anticipated to attain a CAGR of 10% over the forecast period, i.e., 2023 – 2035.

The major players in the market are Dr. Comfort, Mephisto, Apex, Propet, Vionic, Chaneco, Duna, Orthofeet Inc., Piedro, and others.

The shoes segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The market in the North America region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
Orthopedic Footwear Market Report Scope
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