Latin America Medical Footwear Market Size & Outlook

The medical footwear market in Latin America is expected to reach a projected revenue of US$ 1,172.9 million by 2027. A compound annual growth rate of 6.8% is expected of Latin America medical footwear market from 2021 to 2027.
Revenue, 2020 (US$M)
$739.3
Forecast, 2027 (US$M)
$1,172.9
CAGR, 2021 - 2027
6.8%
Report Coverage
Latin America

Latin America medical footwear market highlights

  • The Latin America medical footwear market generated a revenue of USD 739.3 million in 2020.
  • The market is expected to grow at a CAGR of 6.8% 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.
  • Country-wise, Brazil is expected to register the highest CAGR from 2021 to 2027.


Latin America data book summary

Market revenue in 2020USD 739.3 million
Market revenue in 2027USD 1,172.9 million
Growth rate6.8% (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
Key market players worldwideNew Balance, Orthofix Medical Inc


Other key industry trends

  • In terms of revenue, Latin America region accounted for 9.1% of the global medical footwear market in 2020.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2027.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 4,053.3 million by 2027.

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Medical Footwear Market Scope

Medical Footwear Market Companies

Name Profile # Employees HQ Website

Latin America 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 57.92% in 2020. Horizon Databook has segmented the Latin America 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 Latin America medical footwear market databook

  • 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 continent-level data and insights on the Latin America medical footwear market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America medical footwear market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Latin America medical footwear market size, by country, 2016-2027 (US$M)

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

Latin America medical footwear market size, by country, 2016-2027 (US$M)

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