Medical Footwear Market

Medical Footwear Market Size, Share, Growth Analysis, By End-use(Men, Women), By Distribution Channel(Offline, Online), By Region(North America, Europe, Asia Pacific) - Industry Forecast 2024-2031


Report ID: UCMIG25L2015 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Medical Footwear Market Insights

Market Overview:

The market for medical footwear was valued at USD 8.30 billion in 2019; from 2020 to 2027, it is anticipated to expand at a CAGR of 5.7%. One of the main factors propelling the market is the rise in foot-related conditions brought on by ill-fitting footwear, including plantar fasciitis, bunions, arthritis, foot and ankle injuries, corns, and flat feet. Around 77% of Americans have experienced foot diseases and related difficulties, according to the American Podiatric Medical Association (APMA) 2019 report. When wearing improperly fitting shoes for extended periods of time while doing regular walks or running, the wearer's mobility may be restricted due to foot sprains, strains, or injuries.

Medical Footwear Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
ForecastGrowthRate
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Footwear by segment aggregation, the contribution of the Footwear in Consumer Durables & Apparel and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Medical Footwear was estimated to be valued at US$ XX Mn in 2021.

The Medical Footwear Market is estimated to grow at a CAGR of XX% by 2028.

The Medical Footwear Market is segmented on the basis of End-use, Distribution Channel, Region.

Based on region, the Medical Footwear Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Medical Footwear Market are , New Balance, Dr. Comfort, Mephisto, Aetrex Worldwide, Inc., Orthofeet, Duna, Darco International Inc., Aetrex Worldwide, Inc., Dr. Zen, Inc., Gravity Defyer Corp..

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Medical Footwear Market

Report ID: UCMIG25L2015

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