Global Medical Footwear Market Size & Outlook
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)
$12,974.7
CAGR, 2021 - 2027
6.9%
Report Coverage
Worldwide
Global medical footwear market, 2016-2027 (US$M)
Related Markets
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 2020 | USD 8,115.1 million |
| Market revenue in 2027 | USD 12,974.7 million |
| Growth rate | 6.9% (CAGR from 2020 to 2027) |
| Largest segment | Men |
| Fastest growing segment | Women |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Men, 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 segmentation & 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)
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Our clientele includes a mix of medical footwear market companies, investment firms, advisory firms & academic institutions.
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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 statistics, by regions, 2016-2027 (US$M)
Top 10 countries: Medical footwear market size, 2020 (USD Million)
Top 10 countries: Medical footwear market size, 2020 (USD Million)
Global medical footwear market, by region, 2020 (US$M)
Related regional statistics
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