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Medical Footwear Market 2023 - Industry Insights, New Trends, Growth, And Forecast To 2032
Medical Footwear Market
Medical Footwear Market Size, Growth Rate, And Forecast
The global medical footwear market size grew from $9.04 billion in 2022 to $9.72 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The medical footwear market size is expected to grow to $13.04 billion in 2027 at a CAGR of 7.6%.
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Medical Footwear Market Drivers
The rapidly growing prevalence of foot-related issues such as bunions & hallux valgus, plantar fasciitis, Achilles tendonitis, and arthritis is significantly contributing to the growth of the medical footwear market. Some of the foot-related issues like bunions & hallux valgus, plantar fasciitis, Achilles tendonitis, and arthritis are common in these patients. Due to these food-related issues, doctors recommend using medical footwear.
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Medical Footwear Market Segments
• By Product: Medical Shoes & Boots, Medical Sandals, Other Products
• By Sales Channel: Direct Sales of Medical Footwear, Footwear Specialty Stores, Medical & Healthcare Centers, Online Retailers of Medical Footwear, Mono-Brand Stores, Other Sales Channels
• By Appliation: Diabetic Shoes, Arthritis Shoes, Bunions & Hallux Valgus Shoes, Flat Feet Shoes, Other Appliations
• By End User Sex: Men, Women
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the medical footwear market.
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Medical Footwear Market Key Players
Major competitors in the medical footwear market include Aetrex Worldwide Inc., Orthofeet, Duna, Darco International Inc., Dr. Zen Inc., Gravity Defyer Corp., Dr. Foot Inc., DJO LLC(Dr.Comfort), and Horng Shin Footwear Co.
The Business Research Company's "Global Medical Footwear Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Medical Footwear Market Include:
1. Executive Summary
2. Medical Footwear Market Characteristics
3. Medical Footwear Market Trends And Strategies
4. Medical Footwear Market - Macro Economic Scenario
5. Medical Footwear Market Size And Growth
……
26. Africa Medical Footwear Market
27. Medical Footwear Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Medical Footwear Market
29. Medical Footwear Market Future Outlook And Potential Analysis
30. Appendix
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