According to the latest data from Future Market Insights (FMI), the Orthopedic Shoes Market was valued at around USD 3.6 billion in 2022. It’s expected to experience significant growth, reaching approximately USD 9.1 billion by 2032. This suggests a compound annual growth rate (CAGR) of 9.6% between 2022 and 2032.
Key Growth:
- Aging Population: With an increasing aging population worldwide, there is a growing prevalence of orthopedic conditions such as arthritis, foot deformities, and diabetic foot ulcers. This demographic trend fuels the demand for orthopedic shoes designed to provide comfort and support for these conditions.
- Rising Awareness about Foot Health: Consumers are becoming more conscious of the importance of foot health in maintaining overall well-being. As awareness about the benefits of orthopedic footwear grows, individuals are seeking specialized shoes to alleviate foot pain and prevent injuries.
- Technological Advancements: Ongoing advancements in materials science and biomechanical engineering have led to the development of innovative orthopedic shoe designs. Incorporation of features such as customizable insoles, shock-absorbing materials, and breathable fabrics enhances comfort and functionality, driving market growth.
- Increasing Sports and Fitness Activities: The burgeoning interest in sports and fitness activities has spurred demand for orthopedic shoes tailored for athletic purposes. These specialized footwear offer superior support, stability, and protection, catering to the needs of athletes and fitness enthusiasts.
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The design of orthopedic shoes involves a great focus on biomechanical design as a solution for the issues mentioned above: wide selection work together to produce the ideal shoe. Extra widths, greater sizing options, and replaceable insoles are all features of orthopedic footwear. They have firm and supportive heels, easy fastenings for people who find it difficult or constricting to tie their shoes and uppers that can accommodate forefoot issues. To reduce stress on the joints, mid-soles and well cushioned out now with flex points absorb impact. Podiatrists and sneaker designers collaborate to create the ideal combination of features for the shoe that help those in need the most, allowing them to benefit from the many advantages of orthopedic shoes.
Orthopedic shoe manufacturers collaborate closely with a range of healthcare organisations and practitioners. For instance, after receiving treatment, a patient with diabetic foot ulcers must wear so-called therapeutic footwear. New Feet medical footwear, based on orthopedic tradition, which comforts and provide protection to the musculoskeletal system.
Key Takeaways from the Orthopedic Shoes Market Study
- The flatfoot Shoes are the popular type among all the different orthopedic shoe type.
- Injuries are common application type for the orthopedic Shoes.
- Orthopedic shoes, commonly referred to as therapeutic shoes created to order, are intended for individuals with severe abnormalities.
- Men’s orthopedic Shoes are in higher demand than children and women’s orthopedic Shoes. Men prefer orthopedic shoe, as they are involved in more physically active lifestyle and schedule, employed in industries and men’s are more engaged in industries.
- In the case of regional analysis of regions like the North America and Asia is, expect to gain traction in the Orthopedic Shoes Market.
“The need for orthopedic shoes is rising as they gain popularity globally and collaborations grow increasingly demands the orthopedic shoes.” Says an FMI Analyst.
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Who is winning?
Leading players operating in the orthopedic shoes market are
- DJO, LLC
- DARCO International, Inc.
- MEPHISTO S.A.S
- Propet US, Inc.
- Apex Foot Health Industries, LLC
- DUNA-Corradini S.p.A.
- Vionic Group LLC
- Chaneco Limited
- Orthofeet, Inc.
- Piedro
- Drewshoe Incorporated
- New Balance Athletics, Inc
- Others
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Orthopedic Shoes Market by Category
By Type
- Flatfoot Orthopedic Shoes
- Cavus Orthopedic Shoes
- Calcaneal Spur Orthopedic Shoes
- Varus Orthopedic Shoes
- Valgus Orthopedic Shoes Others
By Application Type
- Injuries
- Alignment Issue
- Foot disorder
By Consumer Orientation
- Men
- Women
- Kids
By Sales Channel
- Multi-brand Stores
- Independent Small Stores
- Online Retailers
- Other Sales Channel
By Region
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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