Orthopedic Footwear Market Necessity And Demand 2018 to 2026

Orthopedic Footwear Market to Witness a
Pronounce Growth by 2026
Orthopedic Footwear Market, by Footwear Type (Shoes, Sandals, Slippers, and
Others), by Indication (Diabetes, Neuromuscular and Musculoskeletal
Disorders, Fractures, Sports Injuries, and Others), by Consumer Group (Men
and Women), by Distribution Channel (Specialty Store, Supermarket and
Hypermarket, and Footwear Store, Online Store), and by Geography (North
America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size,
Share, Outlook, and Opportunity Analysis, 2018 – 2026
Orthopedic footwear are special type of shoes designed for individuals suffering from several foot
disorders, medical conditions or diseases such as plantar fasciitis, hammer toes, blisters, bunions, foot
injuries, heel spurs, alignment issues of the musculoskeletal system, unequal leg length, and diabetes.
Orthopedic Footwear Market Drivers
Increasing developments for the treatment of orthopedic disorder is expected to boost the Orthopedic
Footwear Market during the forecast period. In July, 2018, Wright Medical Group N.V presented its
full range of lower extremities and biologic solutions, including the PROstep minimally invasive
surgery system and AUGMENT injectable bone graft at the American Orthopedic Foot & Ankle
Society (AOFAS) 2018 Annual Meeting at the Hynes Convention Center in Boston, Massachusetts.
Increasing prevalence of plantar fasciitis is expected to boost orthopedic footwear market growth. For
instance, in October 2018, National Center for Biotechnology Information (NCBI) stated that plantar
fasciitis occur in around 10% of the global population, with 83% of these patients being active working
adults between the age of 25 and 65 years old. Plantar fasciitis is a common foot condition that
involves inflammation of the plantar fascia.
Increasing geriatric population with painful conditions of the foot is a major trend driving growth of the
orthopedic footwear market. For instance, in May 2016, a literature survey conducted by Medline and
Embase stated that at least one in four older people are affected by foot pain. An older person also tends
to have weaker natural shock absorbers. Orthopedic shoes are specially designed to accommodate the
older person’s feet to protect their heels from any injury.
Orthopedic Footwear Market Restraints
However, availability of alternative treatments for orthopedic foot condition is expected to hamper
market growth. For instance, a podiatry clinic in Sydney, Alternative Foot Solutions, offers foot
mobilization podiatry and acupuncture for the treatment of a wide range of foot pain, heel pain,
biomechanical, and body movement issues.
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Orthopedic Footwear Market – Regional Analysis
On the basis of region, the global orthopedic footwear market is segmented into North America, Latin
America, Europe, Asia Pacific, Middle East, and Africa.
North America is expected to hold dominant position in the global orthopedic footwear market, owing
to rising incidence of planter fasciitis in the region. For instance, in December 2017, according to
American Journal of Orthopedics, around 10% of the U.S. population experiences bouts of heel pain,
which results in 1 million visits per year to medical professionals for the treatment of plantar fasciitis.
The annual cost of treatment for plantar fasciitis is estimated to be between US$ 192 Mn and US$ 376
Mn.
Increasing awareness about foot-related disorders among people in Asia Pacific is expected to fuel the
market growth in this region. Moreover, acquisitions by key players in this region is expected to drive
growth of the market. For instance, in January 2016, In’Tech Medical SAS, a world leader in contract
manufacturing of surgical instruments in orthopedics, acquired Ortho Solutions Sdn Bhd, a premier
Asian contract manufacturer of orthopedic implants and instruments. The acquisition aimed to provide
In’Tech Medical Group with a well-established platform to enter the Asia Pacific markets.
Key players operating in the global orthopedic footwear market include New Balance, Orthopedic
Bracing Solutions Inc., Dr Comfort, Mephisto, Propet, Clark’s, Piedro, Sole, Rokab, Orthofeet, Vionic,
Apex, DARCO, Drew Shoe, Duna, and Chaneco.
Orthopedic Footwear Market – Taxonomy
By Footwear Type
•Shoes
•Sandals
•Slippers
•Others
By Indication
•Diabetes
•Neuromuscular and Musculoskeletal Disorders
•Fractures
•Sports Injuries
•Others
By Consumer Group
•Men
•Women
By Distribution channel
•Specialty Store
•Supermarket and Hypermarket
•Footwear Store
•Online Store
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Orthopedic footwear are special type of shoes designed for individuals suffering from several foot disorders, medical conditions or diseases such as plantar fasciitis, hammer toes, blisters, bunions, foot injuries, heel spurs, alignment issues of the musculoskeletal system, unequal leg length, and diabetes.