The Ortho Diabetic & Handicap Footwear Market size is estimated?to reach $11.4 billion?by 2027. Furthermore, it is poised?to grow at a CAGR of 2.7%?over the forecast period of 2022-2027.
The ortho diabetic and handicap market covers a wide array of?footwear?requirements presented by patients afflicted with various kinds of conditions.?
- Geographically, North America’s Ortho Diabetic & Handicap Footwear Market held a dominant market share in the year 2021. It is owing to the heightened awareness pertaining to the availability of such footwear. Additionally, the shoes help in delivering the daily functional utilities which further allows the market to space. Moreover, Asia-Pacific is expected to offer lucrative growth opportunities to the marketers in the projected period of 2022-2027 owing to the preference Asian regions such as India and China get for manufacturing footwear.
- The growing geriatric population coupled with the high case prevalence of diabetes would allow the market to be driven at a robust pace. However, the high cost associated with obtaining the end-product along with the high tech-manship required to manufacture such footwear impedes the overall market growth.
