Press release
Medical Footwear Market 2023 Analysis By Size, Share, Growth, Trends Up To 2032 | Aetrex Worldwide Inc., Orthofeet, Duna, Darco International Inc., Dr. Zen Inc., Gravity Defyer Corp
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Medical Footwear Global Market Report 2023 identifies 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. Foot-related issues generally refer to the issues that relate to the feet which cause pain in the foot. Foot-related issues are common in people with diabetes. 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.
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 Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. 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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Major players in the medical footwear market are 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.
A key trend in the Medical Footwear market includes the Technological advancement is a key trend gaining popularity in the medical footwear market. Major companies operating in the medical footwear sector are focused on developing new technological solutions to strengthen their position.
Read More On The Global Medical Footwear Market Report Here:
https://www.thebusinessresearchcompany.com/report/medical-footwear-global-market-report
The Medical Footwear market is segmented -
1) By Product: Medical Shoes & Boots, Medical Sandals, Other Products
2) 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
3) By Appliation: Diabetic Shoes, Arthritis Shoes, Bunions & Hallux Valgus Shoes, Flat Feet Shoes, Other Appliations
4) 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.
The Business Research Company's "Global Medical Footwear Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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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
……
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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