Market Overview:
The global medical grade shoes market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of foot and ankle disorders, rising awareness about medical grade shoes, and technological advancements in the medical grade shoes industry. The skin disease shoes segment is expected to grow at a CAGR of 6.0% from 2018 to 2030, owing to the increasing prevalence of skin diseases such as psoriasis and eczema. The clubfoot shoes segment is projected to grow at a CAGR of 4.8% from 2018to 2030, due to the increasing number of children with clubfoot disorder across the globe.
Product Definition:
Medical grade shoes are shoes that have been designed for use by people with medical conditions or who are at a higher risk of developing foot problems. They are often made from materials that help to keep the feet cool and dry, and they may have extra support around the ankle and heel. Medical grade shoes can help to prevent common foot problems such as blisters, calluses, and athlete's foot.
Skin Disease Shoes:
Skin disease shoes are used by medical professionals to avoid cross contamination of their feet with patients. The main factor that propels the growth of this market is increasing prevalence of skin diseases and growing awareness among people for following a healthy lifestyle. Moreover, rising disposable income in developing countries such as India & China will also increase demand for skincare products which will propel market growth over the forecast period.
Clubfoot Shoes:
By definition, clubfoot is a deformity wherein the foot is curved in an abnormal manner. The most common type of clubfoot is called as talipes equinoxialis and it occurs in about 1 out of every 100 people. In some cases, the condition may remain undiagnosed or be misdiagnosed due to its similarities with other disorders such as flat feet and arthritic joints.
Application Insights:
The adult segment held the largest share of more than 60.0% in 2017. The application of shoes is not limited to adults but also includes children who require medical-grade shoes due to various diseases or conditions such as clubfoot, flat feet, and orthopedic disorders. According to a study published by the National Center for Biotechnology Information (NCBI) in 2018, it was observed that approximately 70% of pediatric patients suffer from some form of clubfeet which requires shoe correction therapy during their treatment period. Therefore, increasing number of patients suffering from clubfoot will drive the market for medical-grade shoes for children over the forecast period.
The other segment includes people with skin rashes or eczema that affect one or more areas on their bodies including elbows, ankles and groins area which can be very uncomfortable when walking barefooted especially if eczema is severe enough to cover entire body surface area like elbows.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing R&D investments by key companies and rising adoption of advanced products for treatment of various medical conditions, such as clubfoot, diabetes, and skin diseases. Moreover, high disposable income levels in this region enable people to choose from a wider range of quality medical footwear products available in the market.
Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to increasing awareness about availability of effective treatment methods for various foot-related disorders coupled with growing healthcare spending by patients & their families & insurance providers in this region due to improving economic status & lifestyle changes resulting from rapid urbanization and industrialization across countries like China Japan India Singapore Malaysia Indonesia Thailand Vietnam Australia New Zealand Pakistan South Africa Brazil etc.
Growth Factors:
- Increasing demand for medical grade shoes from the geriatric population due to increasing incidence of foot ulcers and other foot-related problems in this population.
- Rising awareness about the benefits of medical grade shoes, which is helping to drive their adoption among consumers.
- The increasing prevalence of diabetes and obesity, which are leading to an increase in the number of people with foot-related problems.
- Technological advancements that are resulting in the development of new and innovative medical grade shoes products that are more comfortable and effective than traditional products.
- Growing demand for custom-made medical grade shoes, as they can be specifically designed to meet the needs of individual patients
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Grade Shoes Market Research Report
By Type
Skin Disease Shoes, Clubfoot Shoes, Other
By Application
Adult, Children
By Companies
New Balance, Dr. Comfort, Mephisto, Aetrex Worldwide, Inc., Orthofeet, Duna, Darco International Inc., Dr. Zen, Inc., Gravity Defyer Corp
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Medical Grade Shoes Market Report Segments:
The global Medical Grade Shoes market is segmented on the basis of:
Types
Skin Disease Shoes, Clubfoot Shoes, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Adult, Children
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- New Balance
- Dr. Comfort
- Mephisto
- Aetrex Worldwide, Inc.
- Orthofeet
- Duna
- Darco International Inc.
- Dr. Zen, Inc.
- Gravity Defyer Corp
Highlights of The Medical Grade Shoes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Skin Disease Shoes
- Clubfoot Shoes
- Other
- By Application:
- Adult
- Children
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medical Grade Shoes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Medical grade shoes are made from materials that have been specifically chosen for their durability and resistance to bacteria, fungus, and other contaminants. These materials may also be treated with antimicrobial agents to help keep your feet healthy.
Some of the major players in the medical grade shoes market are New Balance, Dr. Comfort, Mephisto, Aetrex Worldwide, Inc., Orthofeet, Duna, Darco International Inc., Dr. Zen, Inc., Gravity Defyer Corp.
The medical grade shoes market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Grade Shoes Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Medical Grade Shoes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Grade Shoes Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Medical Grade Shoes Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Medical Grade Shoes Market Size & Forecast, 2018-2028
4.5.1 Medical Grade Shoes Market Size and Y-o-Y Growth
4.5.2 Medical Grade Shoes Market Absolute $ Opportunity
Chapter 5 Global Medical Grade Shoes Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Medical Grade Shoes Market Size Forecast by Type
5.2.1 Skin Disease Shoes
5.2.2 Clubfoot Shoes
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical Grade Shoes Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Medical Grade Shoes Market Size Forecast by Applications
6.2.1 Adult
6.2.2 Children
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Grade Shoes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Medical Grade Shoes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Medical Grade Shoes Analysis and Forecast
9.1 Introduction
9.2 North America Medical Grade Shoes Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Medical Grade Shoes Market Size Forecast by Type
9.6.1 Skin Disease Shoes
9.6.2 Clubfoot Shoes
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Medical Grade Shoes Market Size Forecast by Applications
9.10.1 Adult
9.10.2 Children
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Medical Grade Shoes Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Grade Shoes Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Medical Grade Shoes Market Size Forecast by Type
10.6.1 Skin Disease Shoes
10.6.2 Clubfoot Shoes
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Medical Grade Shoes Market Size Forecast by Applications
10.10.1 Adult
10.10.2 Children
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Medical Grade Shoes Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Grade Shoes Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Medical Grade Shoes Market Size Forecast by Type
11.6.1 Skin Disease Shoes
11.6.2 Clubfoot Shoes
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Medical Grade Shoes Market Size Forecast by Applications
11.10.1 Adult
11.10.2 Children
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Medical Grade Shoes Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Grade Shoes Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Medical Grade Shoes Market Size Forecast by Type
12.6.1 Skin Disease Shoes
12.6.2 Clubfoot Shoes
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Medical Grade Shoes Market Size Forecast by Applications
12.10.1 Adult
12.10.2 Children
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Medical Grade Shoes Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Grade Shoes Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Medical Grade Shoes Market Size Forecast by Type
13.6.1 Skin Disease Shoes
13.6.2 Clubfoot Shoes
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Medical Grade Shoes Market Size Forecast by Applications
13.10.1 Adult
13.10.2 Children
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Medical Grade Shoes Market: Competitive Dashboard
14.2 Global Medical Grade Shoes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 New Balance
14.3.2 Dr. Comfort
14.3.3 Mephisto
14.3.4 Aetrex Worldwide, Inc.
14.3.5 Orthofeet
14.3.6 Duna
14.3.7 Darco International Inc.
14.3.8 Dr. Zen, Inc.
14.3.9 Gravity Defyer Corp
