Global Medical Footwear Market Size & Outlook, 2020-2027

The medical footwear industry worldwide is expected to reach a projected revenue of US$ 12,974.7 million by 2027. A compound annual growth rate of 6.9% is expected of the worldwide medical footwear industry from 2021 to 2027.
Revenue, 2020 (US$M)
$8,115.1
Forecast, 2027 (US$M)
$12,974.7
CAGR, 2021 - 2027
6.9%
Report Coverage
Worldwide

Global medical footwear market highlights

  • The global medical footwear market generated a revenue of USD 8,115.1 million in 2020 and is expected to reach USD 12,974.7 million by 2027.
  • The market is expected to grow at a CAGR (2021 - 2027) of 6.9% by 2027.
  • In terms of segment, men accounted for a revenue of USD 4,638.6 million in 2020.
  • Women is the most lucrative end use segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2020.
  • Country-wise, U.S. is expected to register the highest CAGR from 2021 to 2027.

Global data book summary

Market revenue in 2020USD 8,115.1 million
Market revenue in 2027USD 12,974.7 million
Growth rate6.9% (CAGR from 2020 to 2027)
Largest segmentMen
Fastest growing segmentWomen
Historical data covered2016 - 2019
Base year for estimation2020
Forecast period covered2021 - 2027
Quantitative unitsRevenue in USD million
Market segmentationMen, Women

Other key industry trends

  • In terms of revenue, the North America accounted for 33.5% of the global medical footwear market in 2020.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
  • By country, U.S. is the fastest growing regional market and is projected to reach USD 3,550.6 million by 2027.

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Medical Footwear Market Scope

Medical Footwear Market Companies

Name Profile # Employees HQ Website

Global medical footwear market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical footwear market will help companies and investors design strategic landscapes.


Men was the largest segment with a revenue share of 57.16% in 2020. Horizon Databook has segmented the Global medical footwear market based on men, women covering the revenue growth of each sub-segment from 2016 to 2027.


  • Global Medical Footwear End Use Outlook (Revenue, USD Million, 2016-2027)
    • Men
    • Women
  • Global Medical Footwear Distribution Channel Outlook (Revenue, USD Million, 2016-2027)
    • Offline
    • Online

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Horizon Databook provides a detailed overview of global-level data and insights on the Global medical footwear market , including forecasts for subscribers. This global databook contains high-level insights into Global medical footwear market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Global medical footwear market size, by regions, 2016-2027 (US$M)

Top 10 countries: Medical footwear market size, 2020 (US$M)

Global medical footwear market share, by end use, 2020 & 2027 (%, US$M)

Medical footwear market: Opportunity assessment by country

Global medical footwear market, by region, 2020 (US$M)

Global medical footwear market size, by regions, 2016-2027 (US$M)

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