ORTHOPEDIC FOOTWEAR MARKET ANALYSIS
Increasing prevalence of plantar fasciitis is expected to boost orthopedic footwear market growth. For instance, in October 2018, National Center for Biotechnology Information (NCBI) stated that plantar fasciitis occur in around 10% of the global population, with 83% of these patients being active working adults between the age of 25 and 65 years old. Plantar fasciitis is a common foot condition that involves inflammation of the plantar fascia.
Increasing geriatric population with painful conditions of the foot is a major trend driving growth of the orthopedic footwear market. For instance, in May 2016, a literature survey conducted by Medline and Embase stated that at least one in four older people are affected by foot pain. An older person also tends to have weaker natural shock absorbers. Orthopedic shoes are specially designed to accommodate the older person’s feet to protect their heels from any injury.
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