India Medical Footwear Market Size & Outlook, 2020-2027

The medical footwear market in India is expected to reach a projected revenue of US$ 716.2 million by 2027. A compound annual growth rate of 7.4% is expected of India medical footwear market from 2021 to 2027.
Revenue, 2020 (US$M)
$434.5
Forecast, 2027 (US$M)
$716.2
CAGR, 2021 - 2027
7.4%
Report Coverage
India

India medical footwear market highlights

  • The India medical footwear market generated a revenue of USD 434.5 million in 2020 and is expected to reach USD 716.2 million by 2027.
  • The India market is expected to grow at a CAGR of 7.4% from 2021 to 2027.
  • In terms of segment, men was the largest revenue generating end use in 2020.
  • Women is the most lucrative end use segment registering the fastest growth during the forecast period.


Medical footwear market data book summary

Market revenue in 2020USD 434.5 million
Market revenue in 2027USD 716.2 million
Growth rate7.4% (CAGR from 2020 to 2027)
Largest segmentMen
Fastest growing segmentWomen
Historical data2016 - 2019
Base year2020
Forecast period2021 - 2027
Quantitative unitsRevenue in USD million
Market segmentationMen, Women
Key market players worldwideNew Balance, Orthofix Medical Inc


Other key industry trends

  • In terms of revenue, India accounted for 5.4% of the global medical footwear market in 2020.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
  • In Asia Pacific, China medical footwear market is projected to lead the regional market in terms of revenue in 2027.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 716.2 million by 2027.

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Medical Footwear Market Scope

Medical Footwear Market Companies

Name Profile # Employees HQ Website

India 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 56.2% in 2020. Horizon Databook has segmented the India medical footwear market based on men, women covering the revenue growth of each sub-segment from 2016 to 2027.


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Target buyers of India medical footwear market databook

  • Our clientele includes a mix of medical footwear market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India medical footwear market , including forecasts for subscribers. This country databook contains high-level insights into India medical footwear market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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India medical footwear market size, by end use, 2016-2027 (US$M)

India Medical Footwear Market Outlook Share, 2020 & 2027 (US$M)

India medical footwear market size, by end use, 2016-2027 (US$M)

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