Market Overview:
The global therapeutic 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 prevalence of various foot and ankle disorders, rising geriatric population, and growing awareness about therapeutic shoes. Based on type, the global therapeutic shoes market is segmented into slippers, shoes, and other types. The slipper segment is expected to account for the largest share of the global therapeutic shoes market in 2018 owing to its high demand from elderly population suffering from various foot and ankle disorders. Based on application, the global therapeutic shoes market is segmented into men’s footwear, women’s footwear, and children’s footwear. The men’s footwear segment is expected to account for the largest share of the global therapeutic shoes market in 2018 owing to increasing incidence of foot problems among men across all age groups. Geographically, North America dominates the global therapeutical shoe Market followed by Europe due high prevalence rate Foot & Ankle Disorders (FAD) cases reported every year .
Product Definition:
Therapeutic Shoes are shoes that have been specifically designed to help people with foot problems or injuries. They often have extra support and padding, and can be helpful in treating conditions such as plantar fasciitis, heel spurs, and bunions. Therapeutic shoes can be bought at most pharmacies or sporting goods stores, or they may be prescribed by a doctor.
Slippers:
Slippers are small, flexible, molded plastic or rubber pieces that are placed inside shoes to provide extra cushioning and support for patients with plantar fasciitis, arthritis pain or other foot ailments. The slippers can be custom made to fit into the shoes easily and help distribute the weight of the body on to the balls of feet which in turn reduces stress on knee joints and muscles.
Shoes:
Shoes and its usage in the therapeutic shoes market is a device used to provide comfort to patients suffering from arthritis, gout, fibromyalgia or other joint pain. The main function of these shoes is to reduce the pain caused by friction between skin and footwear. These are available in different types such as leather shoe, fabric shoe etc., which can be customized according to the requirement.
The global therapeutic shoes market size was valued at USD 1.1 billion in 2015.
Application Insights:
The men application segment held the largest share of more than 60.0% in 2017. The growth is attributed to the increasing number of diabetic foot ulcers and pressure ulcers among geriatric population, which increases the risk of developing shoe-related injuries. Therapeutic shoes are considered beneficial for patients with diabetes as it helps in reducing risks associated with various complications associated with this disease such as neuropathy, skin infections, and cardiovascular diseases due to improved blood circulation and oxygen supply to the tissues.
Therapeutic shoes have a wide range of designs that help improve mobility in people who are wheelchair bound or have other physical disabilities. These types of footwear provide support for arches while walking or standing thus making it easier for them to walk longer distances without getting tired easily like before when they used conventional slippers or bootsies made out leather etc.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare facilities, favorable reimbursement policies, and increasing awareness about various treatments available through therapeutic shoes are some of the key factors driving regional growth. In addition, growing preference for exercises that help reduce pain and improve mobility is expected to further fuel demand during the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising disposable income levels among consumers as well as increased adoption of advanced medical technologies such as therapeutic shoes in countries such as China and India. Moreover, supportive government initiatives aimed at improving access to quality healthcare services are also likely to contribute toward industry development during the estimated time span.
Growth Factors:
- Increasing incidence of foot and ankle disorders: The global prevalence of foot and ankle disorders is increasing at a rapid pace. This is primarily attributed to the changing lifestyles and growing aging population. According to a study by the American Orthopaedic Foot & Ankle Society, nearly 26% of the US population suffers from some form of foot or ankle disorder. This number is only expected to grow in the coming years, providing a major boost to the therapeutic shoes market.
- Rising awareness about therapeutic shoes: There is a growing awareness among people about the benefits of using therapeutic shoes for treating various foot and ankle problems. This has led to an increase in demand for such products, propelling market growth further.
- Technological advancements: The therapeutic shoes market is witnessing rapid advancements in technology, with manufacturers introducing new and innovative products into the market on a regular basis. This has helped expand the scope of this market considerably and boosted its growth prospects significantly over recent years..
Scope Of The Report
Report Attributes
Report Details
Report Title
Therapeutic Shoes Market Research Report
By Type
Slippers, Shoes, Other
By Application
Men, Women, Children
By Companies
EcoSox, Extra Wide Sock Co., Finn Comfort, Foot Zen, Freedom, Genuine Grip, Gravity Defyer, Hush Puppies, I-Runner, Acor, Aetrex, Apex Shoes, Biofreeze, Deer Tracks, Oasis
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Therapeutic Shoes Market Report Segments:
The global Therapeutic Shoes market is segmented on the basis of:
Types
Slippers, 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
Men, Women, 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:
- EcoSox
- Extra Wide Sock Co.
- Finn Comfort
- Foot Zen
- Freedom
- Genuine Grip
- Gravity Defyer
- Hush Puppies
- I-Runner
- Acor
- Aetrex
- Apex Shoes
- Biofreeze
- Deer Tracks
- Oasis
Highlights of The Therapeutic 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:
- Slippers
- Shoes
- Other
- By Application:
- Men
- Women
- 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 Therapeutic 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.
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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?
Therapeutic shoes are designed to provide relief from various foot conditions. These shoes can be used by people of all ages, and they come in a variety of styles and sizes. Therapeutic shoes can help improve circulation, reduce inflammation, and relieve pain.
Some of the major companies in the therapeutic shoes market are EcoSox, Extra Wide Sock Co., Finn Comfort, Foot Zen, Freedom, Genuine Grip, Gravity Defyer, Hush Puppies, I-Runner, Acor, Aetrex, Apex Shoes, Biofreeze, Deer Tracks, Oasis.
The therapeutic shoes market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Therapeutic 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. Therapeutic Shoes Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Therapeutic Shoes Market - Supply Chain
4.5. Global Therapeutic Shoes Market Forecast
4.5.1. Therapeutic Shoes Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Therapeutic Shoes Market Size (000 Units) and Y-o-Y Growth
4.5.3. Therapeutic Shoes Market Absolute $ Opportunity
5. Global Therapeutic 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. Therapeutic Shoes Market Size and Volume Forecast by Type
5.3.1. Slippers
5.3.2. Shoes
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Therapeutic 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. Therapeutic Shoes Market Size and Volume Forecast by Application
6.3.1. Men
6.3.2. Women
6.3.3. Children
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Therapeutic 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. Therapeutic 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 Therapeutic 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. Therapeutic 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 Therapeutic Shoes Demand Share Forecast, 2019-2026
9. North America Therapeutic 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 Therapeutic 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 Therapeutic Shoes Market Size and Volume Forecast by Application
9.4.1. Men
9.4.2. Women
9.4.3. Children
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Therapeutic Shoes Market Size and Volume Forecast by Type
9.7.1. Slippers
9.7.2. 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 Therapeutic Shoes Demand Share Forecast, 2019-2026
10. Latin America Therapeutic 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 Therapeutic 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 Therapeutic Shoes Market Size and Volume Forecast by Application
10.4.1. Men
10.4.2. Women
10.4.3. Children
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Therapeutic Shoes Market Size and Volume Forecast by Type
10.7.1. Slippers
10.7.2. 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 Therapeutic Shoes Demand Share Forecast, 2019-2026
11. Europe Therapeutic 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 Therapeutic 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 Therapeutic Shoes Market Size and Volume Forecast by Application
11.4.1. Men
11.4.2. Women
11.4.3. Children
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Therapeutic Shoes Market Size and Volume Forecast by Type
11.7.1. Slippers
11.7.2. 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 Attractiveness/Growh 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 Therapeutic Shoes Demand Share, 2019-2026
12. Asia Pacific Therapeutic 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 Therapeutic 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 Therapeutic Shoes Market Size and Volume Forecast by Application
12.4.1. Men
12.4.2. Women
12.4.3. Children
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Therapeutic Shoes Market Size and Volume Forecast by Type
12.7.1. Slippers
12.7.2. 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 Therapeutic Shoes Demand Share, 2019-2026
13. Middle East & Africa Therapeutic 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 Therapeutic 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 Therapeutic Shoes Market Size and Volume Forecast by Application
13.4.1. Men
13.4.2. Women
13.4.3. Children
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Therapeutic Shoes Market Size and Volume Forecast by Type
13.7.1. Slippers
13.7.2. 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 Therapeutic Shoes Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Therapeutic Shoes Market: Market Share Analysis
14.2. Therapeutic Shoes Distributors and Customers
14.3. Therapeutic Shoes Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. EcoSox
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Extra Wide Sock Co.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Finn Comfort
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Foot Zen
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Freedom
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Genuine Grip
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Gravity Defyer
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hush Puppies
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. I-Runner
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Acor
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Aetrex
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Apex Shoes
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Biofreeze
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Deer Tracks
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Oasis
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
