Orthopedic Footwear Market
Orthopedic Footwear Market Study by Adult and Pediatric Consumers through Store Based and Online Stores From 2024 to 2034
Analysis of Orthopedic Footwear Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Orthopedic Footwear Market Outlook (2024 to 2034)
The global orthopedic footwear market is estimated to reach a worth of US$ 10.67 billion in 2024 and is forecasted to expand at a CAGR of 11.2% to reach US$ 30.96 billion by 2034.
The growing number of people suffering from chronic illnesses and pain are the main growth drivers in this market, as stated in the newly published orthopedic footwear industry analysis. For those with abnormalities of the foot or ankle, orthopedic shoes are specifically made.
They lessen discomfort when walking or standing by supporting the muscles and joints. Our orthopedic footwear industry outlook indicates that foot discomfort affects at least one in four senior citizens worldwide.
The market development is greatly aided in the coming years by the growing popularity of physical activities, such as running, walking, and sports. People between the ages of 18 and 64 are advised by the World Health Organization (WHO) to participate in at least 150-300 minutes of moderate-intensity or 75-150 minutes of vigorous-intensity aerobic physical activity per week.
The public's knowledge of foot care is expanding, as is their willingness to spend more on medical supplies. The market for orthopedic footwear is expected to develop because of the several qualities that are connected with it, such as the additional width, supporting heel, and detachable insole.
The rising prevalence of plantar fasciitis is fueling growth in the worldwide market. Plantar fasciitis sufferers need to wear footwear with more padding to support their feet. Therefore, those who have plantar fasciitis also choose to wear orthopedic footwear. A 2022 NCBI research states that 83% of people with plantar fasciitis in the United States are between the ages of 25 and 65.
Report Attribute | Detail |
---|---|
Orthopedic Footwear Market Size (2024E) | US$ 10.67 Billion |
Forecasted Market Value (2034F) | US$ 30.96 Billion |
Global Market Growth Rate (2024 to 2034) | 11.2% CAGR |
North America Market Value (2024E) | US$ 3.66 Billion |
Mexico Market Value (2034F) | US$ 843.32 Million |
Adult Segment Growth Rate (2024 to 2034) | 11.5% CAGR |
Japan Market Value (2034F) | US$ 886 Million |
Key Companies Profiled | Aetrex Worldwide Inc.; Birkenstock Group; Caleres Inc.; Orthofeet Inc.; Drew Shoe Corporation; Apex Foot Health Inc; Anodyne LLC; DJO LLC; Ablegaitor LLC |
Orthopedic shoes are a special type of shoes designed to accommodate the footwear needs of individuals possessing one of several foot disorders, medical conditions, or diseases. This type of shoes are designed for patients who are suffering from issues, such as plantar fasciitis, hammer toes, blisters, bunions, foot injuries, heel spurs, alignment issues of the musculoskeletal system, unequal leg length, diabetes, and others.
Moreover, orthopedic shoes are best for those who are suffering from foot-related disorders, such as wider toe boxes, or need orthotics or insoles for arch support. Orthopedic shoes are worn by people of all ages who suffer from poor foot mechanics as they are specifically designed to support the structure and mechanics of the foot, ankle, and leg.
In most of the countries, the cost of orthopedic footwear is reimbursed. For instance, in the United States, a medical doctor diagnoses an individual's medical issues and provides a Letter of Medical Necessity (LMN) for the individual's expense in purchasing orthopedic shoes. Insoles and arch support for orthopedic purposes are completely reimbursed in most countries.
The global market is majorly driven by a rise in the number of accidents, which is the major cause of orthopedic injury. In addition to this, an increase in the availability as well as variability of orthopedic footwear in various applications also promotes market growth.
In the context of this, about 6% of the United States population has foot injuries, bunions, and flat feet or fallen arches each year. About 60% of the United States population older than 17 are suffering from foot and ankle-related injuries, sprains, and strains of the ankle, as mentioned in the orthopedic footwear industry analysis.
According to the National Trauma Data Bank data set analysis, a total of 280,933 foot and/or ankle fractures or dislocations were identified, in major trauma hospitals in the United States, from 2007 to 2011. However, some of the factors limiting the market include ignorance of orthopedic footwear among certain patients, especially in underdeveloped countries.
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The report covers an exhaustive analysis on:
- Orthopedic Footwear Market Segments
- Orthopedic Footwear Market Dynamics
- Historical Actual Market Size, 2019 to 2023
- Orthopedic Footwear Market Size & Forecast 2024 to 2034
- Orthopedic Footwear Market Current Trends/Issues/Challenges
- Competition & Companies Involved
- Market Drivers And Restraints
Regional analysis includes
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
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Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
Report Highlights:
- Shifting Industry dynamics
- In-depth market segmentation
- Historical, current, and projected industry size Recent industry trends
- Key Competition landscape
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards market performance
Competitive Landscape
Examples of some of the key players in the global market are Aetrex Worldwide, Inc., Podartis S.r.l, Orthofeet Inc., Ablegaitor LLC., Drew Shoe Corporation, DJO, LLC, Apex Foot Health, Inc., Birkenstock Digital GmbH, ORTHOPEDIC SOLUTIONS, and others. Acquisition, mergers, strategic collaborations, and technology play vital roles in the growth of the global market, as opined in the orthopedic footwear industry outlook.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Segmentation of the Orthopedic Footwear Market Research
-
By Consumer Group :
- Adult
- Pediatric
-
By Distribution Channel :
- Store Based
- Online Store
-
By Region :
- Northeast
- Southeast
- West
- Southwest
- Midwest
Table of Content
- 1. Executive Summary
- 2. Industry Introduction, including Taxonomy and Market Definition
- 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
- 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections
- 5. Pricing Analysis
- 6. Global Market Analysis and Forecast
- 6.1. Consumer Group
- 6.2. Distribution Channel
- 7. Global Market Analysis and Forecast, By Consumer Group
- 7.1. Adult
- 7.2. Pediatric
- 8. Global Market Analysis and Forecast, By Distribution Channel
- 8.1. Store based
- 8.2. Online Store
- 9. Global Market Analysis and Forecast, By Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Western Europe
- 9.4. Eastern Europe
- 9.5. East Asia
- 9.6. South Asia & Pacific
- 9.7. MEA
- 10. North America Sales Analysis and Forecast, by Key Segments and Countries
- 11. Latin America Sales Analysis and Forecast, by Key Segments and Countries
- 12. Western Europe Sales Analysis and Forecast, by Key Segments and Countries
- 13. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries
- 14. East Asia Sales Analysis and Forecast, by Key Segments and Countries
- 15. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries
- 16. MEA Sales Analysis and Forecast, by Key Segments and Countries
- 17. Sales Forecast by Consumer Group and Distribution Channel for 30 Countries
- 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
- 19. Company Profile
- 19.1. Aetrex Worldwide Inc.
- 19.2. Podartis S.r.l
- 19.3. Orthofeet Inc.
- 19.4. Ablegaitor LLC.
- 19.5. Drew Shoe Corporation
- 19.6. DJO
- 19.7. LLC
- 19.8. Apex Foot Health Inc.
- 19.9. Birkenstock digital GmbH
- 19.10. ORTHOPEDIC SOLUTIONS
- 19.11. Others
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List Of Table
Table 1: Global Market US$ Mn Forecast by Region
Table 2: Global Market US$ Mn Forecast by Consumer Group
Table 3: Global Market US$ Mn Forecast by Distribution Channel
Table 4: North America Market US$ Mn Forecast by Country
Table 5: North America Market US$ Mn Forecast by Consumer Group
Table 6: North America Market US$ Mn Forecast by Distribution Channel
Table 7: Latin America Market US$ Mn Forecast by Country
Table 8: Latin America Market US$ Mn Forecast by Consumer Group
Table 9: Latin America Market US$ Mn Forecast by Distribution Channel
Table 10: Western Europe Market US$ Mn Forecast by Country
Table 11: Western Europe Market US$ Mn Forecast by Consumer Group
Table 12: Western Europe Market US$ Mn Forecast by Distribution Channel
Table 13: Eastern Europe Market US$ Mn Forecast by Country
Table 14: Eastern Europe Market US$ Mn Forecast by Consumer Group
Table 15: Eastern Europe Market US$ Mn Forecast by Distribution Channel
Table 16: East Asia Market US$ Mn Forecast by Country
Table 17: East Asia Market US$ Mn Forecast by Consumer Group
Table 18: East Asia Market US$ Mn Forecast by Distribution Channel
Table 19: South Asia & Pacific Market US$ Mn Forecast by Country
Table 20: South Asia & Pacific Market US$ Mn Forecast by Consumer Group
Table 21: South Asia & Pacific Market US$ Mn Forecast by Distribution Channel
Table 22: MEA Market US$ Mn Forecast by Country
Table 23: MEA Market US$ Mn Forecast by Consumer Group
Table 24: MEA Market US$ Mn Forecast by Distribution Channel
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Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
List Of Figures
Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Consumer Group
Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 3: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 4: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Consumer Group
Figure 5: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 6: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 7: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Consumer Group
Figure 8: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 9: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 10: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Consumer Group
Figure 11: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 12: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 13: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Consumer Group
Figure 14: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 15: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 16: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Consumer Group
Figure 17: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 18: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 19: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Consumer Group
Figure 20: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 21: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 22: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Consumer Group
Figure 23: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 24: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is responsible for the orthopedic footwear market growth?
The global orthopedic footwear market is majorly driven by a rise in the number of accidents, which is one of the major causes of orthopedic injury.
Where will the growth spearhead in the market?
North America is forecasted to witness a 13.8% CAGR over the forecast period.
Which are the top players in the market?
Some key players are Aetrex Worldwide, Inc., Podartis S.r.l, Orthofeet Inc., Ablegaitor LLC., DJO, and Drew Shoe Corporation.