Author: Himanshu Patni
21 November 2022
Global Orthopedic shoe market is expected to register a CAGR of around 5% over the period of 2021-2027. Orthopedic shoes are specially designed for people with malformations in their feet and ankles. They support these muscles, tendons, and joints by correcting their alignment in the right way. This helps to reduce pain when walking or standing. These footwear products not only provide better support but also ensure overall foot health by preventing some problems that can lead to pain and discomfort. Orthopedic shoes have a variety of features such as adjustable buckles, velcro straps, and custom insoles to help alleviate foot problems such as hallux valgus, corn, and hammer toes. The global orthopedic shoes market is anticipated to witness an uptick with the continuous advancement in orthopedic shoes. This along with the rapidly growing aging population across the globe is causing an increase in the number of patients having arthritis foot diseases and various foot disorders such as heel spurs, high arch foot, hallux rigidus, hammer toes, bunion or hallux valgus, hallux limitus, ingrown toenail (onychocryptosis, unguis incarnatus), Athlete’s Foot. For instance, as per the studies,in September 2021, the high prevalence of Hallux Rigidus in the population is 20 to 35%, and an extremely high prevalence of hallux rigidus among the population aged over 80 years is 60%. Owing to these glaring statistics the demand for orthopedic shoes is anticipated to grow in the forthcoming years.
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Based on type, the market is classified into flatfoot orthopedic shoes, cavus orthopedic shoes, calcaneal spur orthopedic shoes, varus orthopedic shoes, and valgus orthopedic shoes. Amongst types, the flatfoot orthopedic shoe category accounted for a significant share in the market owing to the rising demand from athletes for flat-footed shoes as they provide shock absorption, cushioning, and stability in high-stress areas, to improve walking or running abilities.
Based on application, the market is categorized into injuries, alignment issues, foot disorders, and others. Among these, foot disorder is expected to witness the highest CAGR during the forecast period. This is due to the increase in the prevalence of foot disease, accidents, Bone spurs, Broken foot, Bursitis (joint inflammation), and many more.
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For a better understanding of the market adoption of the orthopedic shoes market, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. North America constitutes a major market for the orthopedic shoes industry in 2020 owing to the presence of well-established market players and the increasing prevalence of foot disease in the region
Some of the major players operating in the market include Dr. Comfort, Apex, New Balance, Vionic, Sole, Duna, Orthofeet, Piedro, Darco, and Drew Shoe.
Global Orthopaedic shoes Market Segmentation
Market Insight, by Type
Market Insight, by Application
• Injuries
• Alignment Issues• Foot Disorder• Other
Market Insight, by End-Users
• Men
• Women
Market Insight, by Distribution Channel
• Offline Stores
• Online Stores
Market Insight, by Region
Top Company Profiles
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