Market Overview:
The global medical shoes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of foot and ankle disorders, rising geriatric population, and technological advancements in medical shoes. Based on type, the orthopedic shoes segment is expected to account for the largest share of the global medical shoes market in 2018. This segment is projected to grow at a CAGR of 6% during the forecast period. Orthopedic shoes are specifically designed for people with foot or ankle problems such as flat feet, high arches, hammertoes, bunions, and plantar fasciitis. These shoes provide support and stability to these patients’ feet and ankles and help them walk or stand comfortably without any pain or discomfort. Based on application, adults are expected to account for the largest share of the global medical shoes market in 2018. This segment is projected grow at a CAGR of 5% duringthe forecast period from 2018-2030 owing risein prevalenceof lifestyle diseases such as obesityand diabetes mellitus which lead toeither amputation ordeathin adults if not treated timely .
Product Definition:
Medical Shoes are shoes that have been specifically designed for use by medical professionals. They are typically made from durable materials that can withstand heavy use, and they often have features that make them easier to clean and disinfect. Medical Shoes can be used in a variety of settings, including hospitals, clinics, and laboratories.
Orthopedic Shoes:
Orthopedic shoes are designed for patients with severe bone disorders such as osteoarthritis, which causes pain and stiffness in the joints. These shoes are also used by patients who have undergone joint replacement surgeries. The growing geriatric population is expected to be a key driver for the market over the forecast period.
Nursing Shoes:
Nursing shoes are designed to protect the nurse's feet while walking on uneven and rough surfaces, especially in hospitals. They have a non-slip rubber sole that is thicker than average shoe soles. The thick sole offers better traction and prevents slippage when walking across bumpy floors or unstable surfaces.
Application Insights:
Based on application, the global medical shoes market has been segmented into children, adults and juveniles. The children and juvenile segment held the largest share in 2017 due to increasing prevalence of diseases in this age group. For instance, as per WHO¢â‚¬â„¢s 2019 Report on Trends in Maternal & Child Health Worldwide, around 1 million deaths occur every year due to pre-mature birth and more than 60 million are reported globally. Moreover, according to a study published by NCBI in 2018 regarding foot disorders among children between 0-5 years of age, about 20% suffer from some form of corns or calluses which require treatment. This is expected to drive demand for medical shoes during the forecast period.
The adult segment is expected register significant growth over the forecast period owing to rising geriatric population across various regions coupled with high incidence rate of cardiovascular diseases (CVDs) such as heart attack.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare facilities, favorable reimbursement policies, and increasing awareness regarding various available options for treatment are some factors driving the regional demand. In addition, growing preference for ambulatory care over inpatient settings is expected to further fuel growth during the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising geriatric population and prevalence of chronic diseases such as diabetes and orthopedic conditions that require specialized footwear. Moreover, improving healthcare infrastructure along with rising disposable income levels will also support regional market expansion during the same period (2018 - 2030). Latin America region is also estimated to exhibit a considerable CAGR due to high incidence of sports injuries coupled with growing number of patients undergoing surgeries or receiving medical treatments at outpatient clinics or hospitals rather than their homes.
Growth Factors:
- Increasing geriatric population: The global geriatric population is expected to grow at a CAGR of 6.5% from 2016 to 2020, reaching nearly 1.6 billion by 2020. This growing population is susceptible to various medical conditions that can be treated with medical shoes.
- Rising prevalence of diabetes: The number of people with diabetes is increasing rapidly due to the changing lifestyle and dietary habits across the globe. According to the World Health Organization (WHO), the number of people with diabetes has quadrupled since 1980 and reached 422 million in 2014. This high prevalence of diabetes will lead to an increase in demand for medical shoes, which are specifically designed for diabetic patients’ feet care needs.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Shoes Market Research Report
By Type
Orthopedic Shoes, Nursing Shoes, Other
By Application
Children, Juveniles, Adults
By Companies
New Balance, Dr. Comfort, Mephisto, Apex, Propet, Vionic, Chaneco, Duna, Orthofeet, Piedro, DARCO, Drew Shoe, Sole, Rokab, LXTD
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Medical Shoes Market Report Segments:
The global Medical Shoes market is segmented on the basis of:
Types
Orthopedic Shoes, Nursing 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
Children, Juveniles, Adults
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
- Apex
- Propet
- Vionic
- Chaneco
- Duna
- Orthofeet
- Piedro
- DARCO
- Drew Shoe
- Sole
- Rokab
- LXTD
Highlights of The Medical 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:
- Orthopedic Shoes
- Nursing Shoes
- Other
- By Application:
- Children
- Juveniles
- Adults
- 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 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
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- Consumer Insights
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- Product & Brand Management
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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 shoes are designed to protect the feet and legs of medical professionals. They typically have a stiffer sole and a thicker upper for protection from cuts, scrapes, and other injuries.
Some of the major players in the medical shoes market are New Balance, Dr. Comfort, Mephisto, Apex, Propet, Vionic, Chaneco, Duna, Orthofeet, Piedro, DARCO, Drew Shoe, Sole, Rokab, LXTD.
The medical shoes market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Medical Shoes Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Medical Shoes Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Medical Shoes Market - Supply Chain
4.5. Global Medical Shoes Market Forecast
4.5.1. Medical Shoes Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Medical Shoes Market Size (000 Units) and Y-o-Y Growth
4.5.3. Medical Shoes Market Absolute $ Opportunity
5. Global Medical Shoes Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Medical Shoes Market Size and Volume Forecast by Type
5.3.1. Orthopedic Shoes
5.3.2. Nursing Shoes
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Medical Shoes Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Medical Shoes Market Size and Volume Forecast by Application
6.3.1. Children
6.3.2. Juveniles
6.3.3. Adults
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Medical Shoes Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Medical Shoes Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Medical Shoes Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Medical Shoes Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Medical Shoes Demand Share Forecast, 2019-2029
9. North America Medical Shoes Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Medical Shoes Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Medical Shoes Market Size and Volume Forecast by Application
9.4.1. Children
9.4.2. Juveniles
9.4.3. Adults
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Medical Shoes Market Size and Volume Forecast by Type
9.7.1. Orthopedic Shoes
9.7.2. Nursing Shoes
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Medical Shoes Demand Share Forecast, 2019-2029
10. Latin America Medical Shoes Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Medical Shoes Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Medical Shoes Market Size and Volume Forecast by Application
10.4.1. Children
10.4.2. Juveniles
10.4.3. Adults
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Medical Shoes Market Size and Volume Forecast by Type
10.7.1. Orthopedic Shoes
10.7.2. Nursing Shoes
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Medical Shoes Demand Share Forecast, 2019-2029
11. Europe Medical Shoes Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Medical Shoes Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Medical Shoes Market Size and Volume Forecast by Application
11.4.1. Children
11.4.2. Juveniles
11.4.3. Adults
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Medical Shoes Market Size and Volume Forecast by Type
11.7.1. Orthopedic Shoes
11.7.2. Nursing Shoes
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attraciveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Medical Shoes Demand Share, 2019-2029
12. Asia Pacific Medical Shoes Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Medical Shoes Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Medical Shoes Market Size and Volume Forecast by Application
12.4.1. Children
12.4.2. Juveniles
12.4.3. Adults
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Medical Shoes Market Size and Volume Forecast by Type
12.7.1. Orthopedic Shoes
12.7.2. Nursing Shoes
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Medical Shoes Demand Share, 2019-2029
13. Middle East & Africa Medical Shoes Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Medical Shoes Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Medical Shoes Market Size and Volume Forecast by Application
13.4.1. Children
13.4.2. Juveniles
13.4.3. Adults
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Medical Shoes Market Size and Volume Forecast by Type
13.7.1. Orthopedic Shoes
13.7.2. Nursing Shoes
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Medical Shoes Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Medical Shoes Market: Market Share Analysis
14.2. Medical Shoes Distributors and Customers
14.3. Medical Shoes Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. New Balance
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Dr. Comfort
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Mephisto
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Apex
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Propet
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Vionic
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Chaneco
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Duna
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Orthofeet
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Piedro
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. DARCO
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Drew Shoe
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Sole
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Rokab
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. LXTD
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
