Orthopedic Footwear Market to Boost Growth By 2026 Estimated Global Key Players such as New Balance, Orthopedic Bracing Solutions Inc., Dr Comfort, Mephisto, Propet, Clark’s, Piedro, Sole, Rokab, Orthofeet, Vionic, Apex

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.

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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.

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.

Orthopedic Footwear Market – Major Players

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

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