Global Orthopedic Shoes Market Overview
As per MRFR analysis, the Orthopedic Shoes Market Size was estimated at 11.36 (USD Billion) in 2022.
The Orthopedic Shoes Market is expected to grow from 11.78 (USD Billion) in 2023 to 16.3 (USD Billion) by 2032. The Orthopedic Shoes Market CAGR (growth rate) is expected to be around 3.67% during the forecast period (2024 - 2032).
Key Orthopedic Shoes Market Trends Highlighted
The orthopedic shoe market is anticipated to gain significant traction, driven by factors such as the rising prevalence of foot and ankle conditions, the increasing aging population, and advancements in shoe technology.
Foot problems, including plantar fasciitis, heel spurs, and bunions, are becoming more common, leading to a surge in demand for orthopedic footwear.
Key market drivers include the growing awareness of foot health, the availability of customizable and personalized footwear, and favorable reimbursement policies.
Opportunities lie in the integration of smart technologies, expanding healthcare insurance coverage, and e-commerce platforms for convenient access to orthopedic shoes.
Recent trends in the market include the rise of athletic orthopedic shoes, increased focus on preventive foot care, and the growing popularity of online consultations for personalized shoe recommendations.
These trends are expected to shape the future of the orthopedic shoe industry and contribute to its continued growth and innovation.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Orthopedic Shoes Market Drivers
Aging Population
The global population is aging, and this is leading to an increase in the number of people who need orthopedic shoes.
As people age, they are more likely to experience foot pain, arthritis, and other conditions that can be alleviated by wearing orthopedic shoes.
The aging population is a major driver of growth in the global orthopedic shoe market.
Rising Incidence of Diabetes
Diabetes is a major risk factor for foot problems, such as diabetic neuropathy and foot ulcers. Diabetic neuropathy can damage the nerves in the feet, leading to pain, numbness, and tingling.
Foot ulcers are open sores that can develop on the feet of people with diabetes. Orthopedic shoes can help to prevent and treat foot problems in people with diabetes.
Increasing Awareness of Foot Health
There is a growing awareness of the importance of foot health. This is due in part to the rise of social media and the internet, which has made it easier for people to learn about foot care and the benefits of wearing orthopedic shoes.
The increasing awareness of foot health is another major driver of growth in the global orthopedic shoe market.
Orthopedic Shoes Market Segment Insights
Orthopedic Shoes Market Type Insights
The Footwear Inserts segment held the largest revenue share in 2023, it is projected to maintain the position in the upcoming time frame. It is attributed to the ability of footwear inserts to impart support, cushioning, and alignment to the feet.
Increasing incidences of foot disorders along with the growing awareness regarding foot health among the consumer base are contributing to the growth of the segment.
Ankle-Foot Orthoses will record a remarkable CAGR in the forthcoming years. The growth of the segment can be attributed to the expanding customer base suffering from neurological disorders.
Moreover, AFOs are used to support and stabilize the ankle and foot and are generally prescribed for patients suffering from conditions such as ankle instability, drop foot, and cerebral palsy. The use of AFO in rehabilitation is anticipated to contribute to the growth of the segment.
Knee-Ankle-Foot Orthoses are expected to hold a substantial revenue share in the upcoming years. KAFOs are used to support and stabilize the knee, ankle, and foot and are frequently employed for patients suffering from conditions like knee instability, leg length discrepancies, and spinal cord injury.
Increasing incidences of orthopedic conditions and mobility-related diseases are anticipated to propel the growth of the segment. -Custom-Molded Shoes would grow at a steady CAGR from 2024 to 2032.
Rising demand for personalized and convenient healthcare solutions among the customer base is contributing to the growth of the segment.
Moreover, increasing disposable income in developing countries is also contributing to the growth. Prefabricated shoes are expected to hold a substantial revenue share in the upcoming years.
Availability of OTC products in a variety of styles, types, designs, and sizes plays an important role in driving the growth of the segment. Increasing demand for affordably priced as well as convenient foot care solutions is augmenting the growth of the segment.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Orthopedic Shoes Market Condition Insights
The Orthopedic Shoes Market segmentation by Condition is categorized into Arthritis, Diabetes, Bunions, Hammertoes, and Sports Injuries. Among these segments, Arthritis holds the largest market share due to the rising prevalence of osteoarthritis and rheumatoid arthritis.
The increasing geriatric population, coupled with the growing incidence of obesity, is expected to drive the demand for orthopedic shoes for arthritis patients.
Diabetes is another major segment, with diabetic foot ulcers being a common complication. Orthopedic shoes can help prevent and manage these ulcers, leading to significant market growth.
Bunions and hammertoes are common foot deformities that can cause pain and discomfort. The rising awareness of these conditions and the availability of advanced orthopedic shoes are expected to boost the market growth.
Sports injuries are another key segment, with athletes increasingly using orthopedic shoes to prevent and recover from injuries. The growing popularity of sports and fitness activities is expected to drive the demand for orthopedic shoes in this segment.
Orthopedic Shoes Market Material Insights
The Orthopedic Shoes Market is segmented based on Material into Leather, Mesh, Plastic, Rubber, and Synthetic. Among these, the Leather segment held the largest market share in 2023, and it is expected to continue its dominance during the forecast period.
The increasing demand for premium and durable orthopedic shoes is driving the growth of this segment. Leather is a highly breathable material that provides excellent support and comfort, making it an ideal choice for people with foot problems.
The Mesh segment is expected to witness significant growth during the forecast period due to the rising popularity of lightweight and breathable orthopedic shoes.
Mesh is a flexible material that allows for good ventilation, making it suitable for people with sweaty feet or who live in warm climates. The Plastic segment is also expected to grow steadily during the forecast period.
Plastic is a cost-effective material that can be molded into various shapes and sizes, making it suitable for a wide range of orthopedic shoe designs.
The Rubber segment is expected to have a moderate growth rate during the forecast period. Rubber is a durable and shock-absorbent material that provides good support and cushioning.
However, it is not as breathable as other materials, which may limit its growth potential. The Synthetic segment is expected to have a niche market share during the forecast period.
Synthetic materials are often used in combination with other materials to create orthopedic shoes that are both durable and comfortable.
Orthopedic Shoes Market Target Group Insights
The Orthopedic Shoes Market segmentation by Target Group comprises Adults, Pediatrics, Sportspersons, Diabetics, and Elderly. The adult segment held the largest market share in 2023, accounting for over 60% of the Orthopedic Shoes Market revenue.
The large share is attributed to the growing prevalence of foot disorders, such as arthritis and plantar fasciitis, among the aging population.
The pediatrics segment is projected to witness significant growth over the forecast period due to the rising awareness of early diagnosis and treatment of foot deformities in children.
The sportspersons segment is driven by the increasing participation in sports activities and the need for specialized footwear to prevent injuries. The diabetics segment is expected to grow steadily as the prevalence of diabetes increases worldwide, leading to foot complications.
The elderly segment is projected to hold a substantial share due to the high incidence of foot problems among the elderly population.
Orthopedic Shoes Market Regional Insights
Regionally, the market is segmented into North America, Europe, APAC, South America, and MEA. North America held the largest market share in 2023 and is expected to maintain its dominance throughout the forecast period.
The high prevalence of foot and ankle disorders, coupled with the rising geriatric population, are key factors driving the growth of the orthopedic shoe market in this region.
Europe is another major market for orthopedic shoes, with a significant demand from countries such as Germany, France, and the United Kingdom. The increasing awareness about foot health and the availability of advanced healthcare facilities are contributing to the growth of the market in this region.
APAC is expected to witness the fastest growth over the forecast period, owing to the growing population, rising disposable income, and increasing awareness about foot health in countries such as China, India, and Japan.
South America and MEA are expected to contribute a smaller share of the overall market but are also expected to experience steady growth during the forecast period.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Orthopedic Shoes Market Key Players and Competitive Insights
The Orthopedic Shoes Market is very competitive, and thus, the major players in the industry are constantly focused on product innovation and advances in technology to keep up with customers' demand.
Indeed, the leading Orthopedic shoe market players are devoting efforts to research and development, working on making the products more comfortable and functional to have a significant market share.
Generally, the development of the Orthopedic Shoes Market requires the cooperation of the industry's players, such as collaborations between shoe manufacturers and healthcare providers, to produce comprehensive solutions for individuals needing special shoe care.
The competitive nature of the market is expected to continue, with major drivers being an increase in healthcare expenses, growing awareness of possible foot conditions, and advancing technologies.
Dr. Comfort is a major player in the developing Orthopedic Shoes Market.
The company has a huge range of products, including shoes, sandals, and inserts produced to grant a comfortable experience to those wearing them. The company provides a product that is highly durable, comfortable, and has many stylish designs.
Moreover, Dr. Comfort has dedicated management teams to help with the process of fitting and advise on the type of products and how to wear them. Additionally, the major market players like Dr. Comfort are focused on advances in production, trying to keep up with changes and present new products suitable for their target audience.
Dr. Comfort also emphasizes the sustainability of the products as some of the materials used for shoe production are environmentally friendly. Provided that the company has been on the market for many years, it manufactures products belonging the highest quality standards and the consumers can consider it a brand of shoes they can trust.
Aetrex Worldwide, Inc. is another major player in the developing Orthopedic Shoes Market. The company has a wide diversity of shoes on the market, including most types of present.
Aetrex pays special attention to the technologies of the shoes that they produce, with many of them having such features as arch support, cushioning, and shock absorption.
The range of products that are available from the company online is impressive, which can facilitate the choice of the customers. Like other major suppliers of footwear, Aetrex invests in the development of new solutions for foot problems and maintains a variety of services helping customers to find a suitable pair of shoes.
Overall, Aetrex is one of the major players in the developing Orthopedic Shoes Market to be considered as it offers not only many models of comfortable shoes and technologies but also is attentive to the individual needs of each customer that can address the possible foot problems.
Key Companies in the Orthopedic Shoes Market Include
- Comfort
- Birkenstock
- Apex Foot Health Industries
- Keen Footwear
- Hoka One One
- Orthofeet
- Aetrex Worldwide
- Dansko
- Brooks Running Company
- Merrell
- New Balance Athletics
- Foot Solutions
- Ecco Sko
- Clarks
Orthopedic Shoes Market Developments
Rising geriatric population, increasing prevalence of foot and ankle disorders, and growing awareness about orthopedic footwear are the key factors driving market growth.
Technological advancements, such as 3D printing and computer-aided design (CAD), are further fueling market expansion by enabling the production of customized and high-quality orthopedic shoes.
Key industry players are investing in research and development to innovate new products and expand their market share.
For instance, in 2023, Orthofeet, a leading orthopedic shoe manufacturer, launched a new line of diabetic shoes designed to provide optimal comfort and support for individuals with diabetes.
Orthopedic Shoes Market Segmentation
Orthopedic Shoes Market Type Outlook
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Footwear Inserts
-
Ankle-Foot Orthoses
-
Knee-Ankle-Foot Orthoses
-
Custom-Molded Shoes
-
Pre-Fabricated Shoes
Orthopedic Shoes Market Condition Outlook
-
Arthritis
-
Diabetes
-
Bunions
-
Hammertoes
-
Sports Injuries
Orthopedic Shoes Market Material Outlook
- Leather
- Mesh
- Plastic
- Rubber
- Synthetic
Orthopedic Shoes Market Target Group Outlook
- Adults
- Pediatrics
- Sportspersons
- Diabetics
- Elderly
Orthopedic Shoes Market Regional Outlook
-
North America
-
Europe
-
South America
-
Asia-Pacific
-
Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
11.36(USD Billion) |
| Market Size 2023 |
11.78(USD Billion) |
| Market Size 2032 |
16.3(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
3.67% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Dr Comfort, Birkenstock, Apex Foot Health Industries, Keen Footwear, Hoka One One, Orthofeet, Aetrex Worldwide, Dansko, Brooks Running Company, Merrell, New Balance Athletics, Foot Solutions, Ecco Sko, Clarks |
| Segments Covered |
Type, Condition, Material, Target Group, Regional |
| Key Market Opportunities |
Increasing geriatric population Rising prevalence of musculoskeletal disorders Advancements in technology Growing demand for customized footwear Expanding healthcare infrastructure |
| Key Market Dynamics |
1 Increasing prevalence of musculoskeletal disorders 2 Growing geriatric population 3 Technological advancements 4 Rising demand for personalized solutions 5 Government initiatives to promote healthy aging |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Orthopedic Shoes Market is expected to reach a valuation of approximately USD 11.78 billion by the end of 2023.
The Orthopedic Shoes Market is projected to register a CAGR of 3.67% from 2024 to 2032.
The growth of the Orthopedic Shoes Market is primarily driven by the increasing prevalence of foot and ankle disorders, rising geriatric population, growing awareness of foot health, and technological advancements in orthopedic footwear.
North America is expected to hold the largest market share in the Orthopedic Shoes Market due to the high prevalence of foot and ankle disorders, well-established healthcare infrastructure, and strong consumer spending on healthcare.
Some of the key competitors in the Orthopedic Shoes Market include: - Aetrex Worldwide, Inc. - Birkenstock Group - Caleres, Inc. - DJO Global - Orthofeet, Inc.
Orthopedic Shoes have various applications, including - Treatment of foot and ankle disorders such as plantar fasciitis, heel spurs, and bunions - Providing support and stability to individuals with foot deformities or injuries - Enhancing mobility and reducing discomfort for people with arthritis or diabetes.
The Orthopedic Shoes Market in the Asia-Pacific region is expected to register a CAGR of approximately 4.5% from 2024 to 2032, driven by factors such as rising healthcare expenditure, increasing awareness of foot health, and a growing geriatric population.
The Orthopedic Shoes Market faces certain challenges, including: - Intense competition from generic and low-cost footwear - Limited reimbursement policies for orthopedic footwear - Stringent regulatory requirements and compliance costs.
Some emerging trends in the Orthopedic Shoes Market include the integration of advanced technologies such as 3D printing and biomechanics - Increasing focus on customization and personalization - And growing demand for eco-friendly and sustainable orthopedic footwear.
The COVID-19 pandemic had a mixed impact on the Orthopedic Shoes Market. While the demand for orthopedic shoes declined during lockdowns and movement restrictions, it rebounded post-pandemic due to increased focus on foot health and mobility.
