Worldwide Industry for Medical Footwear to 2026 - Key Drivers and Restraints

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Jan 07, 2021, 06:30 ET

DUBLIN, Jan. 7, 2021 /PRNewswire/ -- The "Global Medical Footwear Market By End User (Men and Women), By Distribution Channel (Online and Offline), By Region, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.

The Global Medical Footwear Market size is expected to reach $12.4 billion by 2026, rising at a market growth of 8.1% CAGR during the forecast period. The growing number of foot-related problems, for example, plantar fasciitis, bunions, arthritis, foot and ankle wounds, corns, and flat feet, because of inadequately fitting shoes, is a leading factor boosting the market. As per the American Podiatric Medical Association (APMA) 2019, in the U.S., approx. 77% of Americans have experienced foot problems and related issues.

Utilization of ill-fitted shoes for a longer timeframe for regular walks or running can cause sprains, strains, or injury in the feet, which can restrict the wearers' mobility to perform everyday activities. The more these conditions are left untreated, the more awful the pain and uneasiness become for the individuals. However, increasing awareness with respect to the advantages of medical footwear among consumers is anticipated to boost the item demand. This footwear offers cushion to the complete foot, giving it the support to the wearer to move independently.

Furthermore, patients with diseases such as diabetes are among the main consumers of therapeutic footwear to cure ankle and foot. Insufficiently controlled blood sugar on account of these patients can harm various parts of the body, including the nerves and vessels that go to the feet, which makes them more prone to create feet issues and a condition called neuropathy. Medical footwear is explicitly designed shoes that can assist with reducing risk and advance healthy blood circulation, mobility, and support to the feet.

The outbreak of COVID-19 (Corona Virus) pandemic has seriously affected the footwear business, including medical footwear, with a decrease in demand due to closures of the store, lockdown guidelines, and limitation in imports and exports at the worldwide level. Information related to Sales noted for Amazon between mid-February and mid-March in the year 2020 indicated that the sales of footwear dropped by an average of 40 percentage points. Customers have become more aware of their spending habits and will mostly buy only essential items, which is a significant challenge for the market.

Based on End User, the market is segmented into Men and Women. Based on Distribution Channel, the market is segmented into Online and Offline. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Stryker Corporation, Colfax Corporation (Dr. Comfort), Dr. Zen, Inc., Gravity Defyer Corporation, Duna Srl, Aetrx Worldwide, Inc., Drew Shoe Corporation, New Balance, Inc., Dr. Foot, Inc., and Podartis Srl.
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Key Topics Covered:

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Medical Footwear Market, by End User
1.4.2 Global Medical Footwear Market, by Distribution Channel
1.4.3 Global Medical Footwear Market, by Geography
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Global Medical Footwear Market by End User
3.1 Global Men Market by Region
3.2 Global Women Market by Region

Chapter 4. Global Medical Footwear Market by Distribution Channel
4.1 Global Online Market by Region
4.2 Global Offline Market by Region

Chapter 5. Global Medical Footwear Market by Region
5.1 North America Medical Footwear Market
5.1.1 North America Medical Footwear Market by End User
5.1.1.1 North America Men Market by Country
5.1.1.2 North America Women Market by Country
5.1.2 North America Medical Footwear Market by Distribution Channel
5.1.2.1 North America Online Market by Country
5.1.2.2 North America Offline Market by Country
5.1.3 North America Medical Footwear Market by Country
5.1.3.1 USA Medical Footwear Market
5.1.3.1.1 USA Medical Footwear Market by End User
5.1.3.1.2 USA Medical Footwear Market by Distribution Channel
5.1.3.2 Canada Medical Footwear Market
5.1.3.2.1 Canada Medical Footwear Market by End User
5.1.3.2.2 Canada Medical Footwear Market by Distribution Channel
5.1.3.3 Mexico Medical Footwear Market
5.1.3.3.1 Mexico Medical Footwear Market by End User
5.1.3.3.2 Mexico Medical Footwear Market by Distribution Channel
5.1.3.4 Rest of North America Medical Footwear Market
5.1.3.4.1 Rest of North America Medical Footwear Market by End User
5.1.3.4.2 Rest of North America Medical Footwear Market by Distribution Channel
5.2 Europe Medical Footwear Market
5.2.1 Europe Medical Footwear Market by End User
5.2.1.1 Europe Men Market by Country
5.2.1.2 Europe Women Market by Country
5.2.2 Europe Medical Footwear Market by Distribution Channel
5.2.2.1 Europe Online Market by Country
5.2.2.2 Europe Offline Market by Country
5.2.3 Europe Medical Footwear Market by Country
5.2.3.1 Germany Medical Footwear Market
5.2.3.1.1 Germany Medical Footwear Market by End User
5.2.3.1.2 Germany Medical Footwear Market by Distribution Channel
5.2.3.2 UK Medical Footwear Market
5.2.3.2.1 UK Medical Footwear Market by End User
5.2.3.2.2 UK Medical Footwear Market by Distribution Channel
5.2.3.3 France Medical Footwear Market
5.2.3.3.1 France Medical Footwear Market by End User
5.2.3.3.2 France Medical Footwear Market by Distribution Channel
5.2.3.4 Russia Medical Footwear Market
5.2.3.4.1 Russia Medical Footwear Market by End User
5.2.3.4.2 Russia Medical Footwear Market by Distribution Channel
5.2.3.5 Spain Medical Footwear Market
5.2.3.5.1 Spain Medical Footwear Market by End User
5.2.3.5.2 Spain Medical Footwear Market by Distribution Channel
5.2.3.6 Italy Medical Footwear Market
5.2.3.6.1 Italy Medical Footwear Market by End User
5.2.3.6.2 Italy Medical Footwear Market by Distribution Channel
5.2.3.7 Rest of Europe Medical Footwear Market
5.2.3.7.1 Rest of Europe Medical Footwear Market by End User
5.2.3.7.2 Rest of Europe Medical Footwear Market by Distribution Channel
5.3 Asia Pacific Medical Footwear Market
5.3.1 Asia Pacific Medical Footwear Market by End User
5.3.1.1 Asia Pacific Men Market by Country
5.3.1.2 Asia Pacific Women Market by Country
5.3.2 Asia Pacific Medical Footwear Market by Distribution Channel
5.3.2.1 Asia Pacific Online Market by Country
5.3.2.2 Asia Pacific Offline Market by Country
5.3.3 Asia Pacific Medical Footwear Market by Country
5.3.3.1 China Medical Footwear Market
5.3.3.1.1 China Medical Footwear Market by End User
5.3.3.1.2 China Medical Footwear Market by Distribution Channel
5.3.3.2 Japan Medical Footwear Market
5.3.3.2.1 Japan Medical Footwear Market by End User
5.3.3.2.2 Japan Medical Footwear Market by Distribution Channel
5.3.3.3 India Medical Footwear Market
5.3.3.3.1 India Medical Footwear Market by End User
5.3.3.3.2 India Medical Footwear Market by Distribution Channel
5.3.3.4 Australia Medical Footwear Market
5.3.3.4.1 Australia Medical Footwear Market by End User
5.3.3.4.2 Australia Medical Footwear Market by Distribution Channel
5.3.3.5 South Korea Medical Footwear Market
5.3.3.5.1 South Korea Medical Footwear Market by End User
5.3.3.5.2 South Korea Medical Footwear Market by Distribution Channel
5.3.3.6 Singapore Medical Footwear Market
5.3.3.6.1 Singapore Medical Footwear Market by End User
5.3.3.6.2 Singapore Medical Footwear Market by Distribution Channel
5.3.3.7 Rest of Asia Pacific Medical Footwear Market
5.3.3.7.1 Rest of Asia Pacific Medical Footwear Market by End User
5.3.3.7.2 Rest of Asia Pacific Medical Footwear Market by Distribution Channel
5.4 LAMEA Medical Footwear Market
5.4.1 LAMEA Medical Footwear Market by End User
5.4.1.1 LAMEA Men Market by Country
5.4.1.2 LAMEA Women Market by Country
5.4.2 LAMEA Medical Footwear Market by Distribution Channel
5.4.2.1 LAMEA Online Market by Country
5.4.2.2 LAMEA Offline Market by Country
5.4.3 LAMEA Medical Footwear Market by Country
5.4.3.1 Brazil Medical Footwear Market
5.4.3.1.1 Brazil Medical Footwear Market by End User
5.4.3.1.2 Brazil Medical Footwear Market by Distribution Channel
5.4.3.2 Argentina Medical Footwear Market
5.4.3.2.1 Argentina Medical Footwear Market by End User
5.4.3.2.2 Argentina Medical Footwear Market by Distribution Channel
5.4.3.3 UAE Medical Footwear Market
5.4.3.3.1 UAE Medical Footwear Market by End User
5.4.3.3.2 UAE Medical Footwear Market by Distribution Channel
5.4.3.4 Saudi Arabia Medical Footwear Market
5.4.3.4.1 Saudi Arabia Medical Footwear Market by End User
5.4.3.4.2 Saudi Arabia Medical Footwear Market by Distribution Channel
5.4.3.5 South Africa Medical Footwear Market
5.4.3.5.1 South Africa Medical Footwear Market by End User
5.4.3.5.2 South Africa Medical Footwear Market by Distribution Channel
5.4.3.6 Nigeria Medical Footwear Market
5.4.3.6.1 Nigeria Medical Footwear Market by End User
5.4.3.6.2 Nigeria Medical Footwear Market by Distribution Channel
5.4.3.7 Rest of LAMEA Medical Footwear Market
5.4.3.7.1 Rest of LAMEA Medical Footwear Market by End User
5.4.3.7.2 Rest of LAMEA Medical Footwear Market by Distribution Channel

Chapter 6. Company Profiles
6.1 Stryker Corporation
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expense
6.2 Colfax Corporation (Dr. Comfort)
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expense
6.3 Dr. Zen, Inc.
6.3.1 Company Overview
6.4 Gravity Defyer Corporation
6.4.1 Company Overview
6.5 Duna Srl
6.5.1 Company Overview
6.6 Aetrex Worldwide, Inc.
6.6.1 Company Overview
6.6.2 Recent strategies and developments:
6.6.2.1 Partnerships, Collaborations, and Agreements:
6.6.2.2 Acquisition and Mergers:
6.7 Drew Shoe Corporation
6.7.1 Company Overview
6.8 New Balance, Inc.
6.8.1 Company Overview
6.8.2 Recent strategies and developments:
6.8.2.1 Partnerships, Collaborations, and Agreements:
6.8.2.2 Product Launches and Product Expansions:
6.9 Dr. Foot, Inc.
6.9.1 Company Overview
6.10. Podartis Srl
6.10.1 Company Overview

For more information about this report visit https://www.researchandmarkets.com/r/3itym8

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