Global Medical Shoes Market Will Generate Record Revenue by 2028

The global medical shoes market is expected to grow at a significant CAGR during the forecast period (2022-2028). Diabetic shoes, also known as therapeutic shoes or sugar shoes, are specially designed to reduce the risk of diabetic skin breakdown. It is also used to treat problems caused by improper blood circulation in the lower limbs. The main purpose of these shoes is to prevent foot injuries, which can lead to problems such as ulcers, strains, and the risk of amputation. Increase in the number of diabetes and arthritis patients globally, increasing penetration of online retail, and rise in per capita income, are some key factors driving the market growth. Furthermore, increasing role of e-commerce and brand expansion in diabetic footwear, growing R&D activities is expected to create new opportunities for the market growth during the forecast period. However, lack of awareness among the population about diabetic footwear and increase in the price of the product is expected to hinder the market growth and further challenge the growth of the market during the forecast period.

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Europe holds potential share in the market owing to the rising obesity rates, increase in the number of female diabetic patients globally, rising online retail penetration, and increase in per capita income in the region. In November 2021, Scholl declared the launch of its diabetes-special sensitive footwear. These sandals by Scholl are specially designed and constructed with genuine chrome-free leather and have two Velcro straps at the heel and across the instep offer an adjustable fit. Full Chrome-free leather linings and footbed cover provide a smooth interior, perfect for sensitive feet. Cushioning comfort and support come from Latex Foam, Ortholite & Memory foam. A lightweight, durable outsole ensures stability and support when walking around town. Sensitive feet footwear supports to avoid foot injuries and improve mobility. It offers extraordinary cushioning and flexibility that reflect the natural movement of the barefoot.

Market Coverage

  • The market number available for – 2021-2028
  • Base year- 2021
  • Forecast period- 2022-2028
  • Segment Covered-
    • By Type
    • By Application
  • Regions Covered-
    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World
  • Competitive Landscape- New Balance, Dr. Comfort, and Scholl’s Wellness Co., among others.

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • How has COVID-19 impacted the market?
    • Deviation from the pre-COVID-19 forecast
    • Most affected region and segment
  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Medical Shoes Market Report by Segment

By Type

  • Orthopedic Shoes
  • Nursing Shoes
  • Others

By Application

  • Children
  • Juveniles
  • Adults

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