The Business Research Company’s report on the Medical Footwear Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
Which emerging drivers are set to accelerate the growth of the medical footwear market further?
The rapidly growing prevalence of foot-related issues such as bunions & hallux valgus, plantar fasciitis, Achilles tendonitis, and arthritis is significantly contributing to the growth of the medical footwear market. Foot-related issues generally refer to the issues that relate to the feet which cause pain in the foot. Foot-related issues are common in people with diabetes. Some of the foot-related issues like bunions & hallux valgus, plantar fasciitis, Achilles tendonitis, and arthritis are common in these patients. Due to these food-related issues, doctors recommend using medical footwear. For instance, in January 2023, according to Everyday Health, a US-based digital media company, approximately 23% of adults aged 18 to 65 and 36% of those over 65 are affected by bunions. These foot deformities are significantly more prevalent in women than in men, potentially due to high heels pushing the toes into a confined space. Therefore, an increase in these foot-related issues is driving the growth in the medical footwear market.
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What are the key factors influencing the forecasted market size of the medical footwear industry?
The medical footwear market size has grown strongly in recent years. It will grow from $10.64 billion in 2024 to $11.54 billion in 2025 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to aging population, orthopedic conditions, post-surgery recovery, diabetic foot care, foot pain management, podiatric recommendations.
The medical footwear market size is expected to see strong growth in the next few years. It will grow to $16.47 billion in 2029 at a compound annual growth rate (CAGR) of 9.3%. The growth in the forecast period can be attributed to increasing health awareness, foot health education, athletic footwear for injury prevention, rise in foot surgeries, cultural and lifestyle changes. Major trends in the forecast period include 3D printing technology for customization, advanced materials for comfort and support, smart footwear technologies, stylish designs for therapeutic shoes, non-slip and slip-resistant soles.
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Who are the leading competitors in the medical footwear market?
Major companies operating in the medical footwear market include New Balance Athletics Inc., Dansko LLC, Sanita Clogs Inc., DJO LLC (Dr. Comfort), Orthofeet Inc., Aetrex Worldwide Inc., Vionic Group LLC, Gravity Defyer Corp, Drew Shoe Corporation, Alegria Shoe Shop LLC, Nurse Mates Inc., Darco International Inc., Dr. Foot Inc., Duna Co Ltd., Extro Style LLC, Klogs Footwear Inc., Novamed s.r.o., SAS Shoes Inc., Watts Footwear Inc., Dr. Zen Inc., Propét USA Inc., Apex Foot Health Industries LLC
Which emerging trends are set to transform the medical footwear market landscape?
Major companies operating in the medical footwear market are launching new footwear manufacturing facilities. For instance, in June 2024, FootSecure, a India-based medical footwear manufacturing company in partnership with the Karnataka Institute of Endocrinology & Research, has launched a custom footwear manufacturing facility in Bengaluru with an investment of Rs 30 lakh. The unit produces prescription-based footwear designed for patients with foot conditions, offering six models and advanced customization options. It also integrates FootSecure’s digital platforms, Wound360 and Foot360, which provide healthcare providers with resources for diagnosis and treatment. This strategic partnership enhances FootSecure’s capacity to serve patients while boosting production and care solutions.
How do different geographies compare in terms of market share and growth potential in the medical footwear market?
North America was the largest region in the medical footwear market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical footwear market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Which major segments of the medical footwear market are experiencing the fastest growth?
The medical footwear market covered in this report is segmented –
1) By Product: Medical Shoes & Boots, Medical Sandals, Other Products
2) By Sales Channel: Direct Sales of Medical Footwear, Footwear Specialty Stores, Medical & Healthcare Centers, Online Retailers of Medical Footwear, Mono-Brand Stores, Other Sales Channels
3) By Application: Diabetic Shoes, Arthritis Shoes, Bunions & Hallux Valgus Shoes, Flat Feet Shoes, Other Applications
4) By End User Sex: Men, Women
Subsegments:
1) By Medical Shoes & Boots: Diabetic Shoes, Surgical Shoes, Orthopedic Boots
2) By Medical Sandals: Therapeutic Sandals, Adjustable Sandals for Foot Conditions
3) By Other Products: Compression Socks and Stockings, Foot Cushions and Insoles, Specialty Footwear for Specific Medical Conditions
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How is the medical footwear market defined, and what are its core characteristics?
The medical footwear refers to a special type of footwear designed to accommodate the footwear needs of individuals possessing one of several foot disorders and medical conditions. A few medical conditions that can benefit from this medical footwear include people with diabetic feet, corns, calcaneal spurs, heel cracks, and heel pain.
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