Medical Footwear Market Size, Industry Trends, Demand and Business Opportunities 2022-2027

According to IMARC Group's latest report, titled "Medical Footwear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the global medical footwear market is expected to exhibit a CAGR of 6% during 2022-2027. Medical footwear is specially designed footwear as per the foot structure and size. These measurements support or accommodate the mechanics and structure of the foot, ankle, and leg, further assisting in treating multiple foot-related ailments, such as arthritis, bunions and hallux valgus, Achilles tendonitis, and plantar fasciitis. Foam rubber, styrene-butadiene rubber, silicon, polyfoam, polyurethane (PU) foam, ethylene-vinyl acetate foam, PU, cellular polymers, natural materials, and polyvinyl chloride (PVC) are standard substances used in the manufacturing of medical footwear. It is also witnessing massive demand among individuals with diabetes and flat feet. When worn regularly, it ensures proper blood circulation in the body and offers enhanced foot support, cushioning, stability, and proprioception.

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Year Considered to Estimate the Market Size:

Base Year of the Analysis: 2021
Historical Period: 2016-2021
Forecast Period: 2022-2027

Medical Footwear Market Trends:

The rising instances of foot-related diseases are one of the key factors primarily boosting the medical footwear market growth. The emerging foot care awareness among consumers and the inflating expenditure power are other growth-inducing factors. Moreover, the increasing prevalence of diabetes has significantly surged the cases of peripheral neuropathy, which, in turn, has spiked the demand for medical footwear across the globe. In line with this, key market players are heavily investing in research and development (R&D) activities to engineer advanced medical footwear with enhanced efficacy, which is bolstering the market growth. Apart from this, the easy product availability across online retail channels and pharmacies and the increasing healthcare expenditure are providing a boost to the market growth.

Competitive Landscape With Key Players:

The competitive landscape of the medical footwear market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• Aetrex Worldwide Inc.
• Darco International Inc. (Wright Medical Group N.V.)
• Djo LLC (Colfax Corporation)
• Dr. Foot Inc.
• Dr. Zen Inc.
• Drewshoe Incorporated
• Duna Srl
• Gravity Defyer Corp.
• Horng Shin Footwear Co.
• Mephisto S.A.S
• New Balance Inc.
• Orthofeet Inc.
• Podartis srl

Key Market Segmentation:

The report has segmented the global medical footwear market based on end user, distribution channel and region.

Breakup by End User:

• Men
• Women

Breakup by Distribution Channel:

• Offline
• Online

Breakup by Region:

• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa

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Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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