LAMEA Medical Footwear Market By End User (Men and Women), By Distribution Channel (Online and Offline), By Country, Industry Analysis and Forecast, 2020 - 2026
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Market Report Description
The Latin America, Middle East and Africa Medical Footwear Market would witness market growth of 9% CAGR during the forecast period (2020-2026). Medical footwear is designed and made in such a way to make them therapeutic footwear and assists with managing foot-related issues, for example, arthritis, bunions and hallux valgus, plantar fasciitis, and Achilles tendonitis. Some footwear is also intended for individuals having diabetes and flat feet. Medical footwear guarantees appropriate blood circulation and better support for the feet.
The increasing worries related to health growing foot-related issues have boosted the use of medical footwear among customers. Numerous benefits of medical footwear over customary footwear are anticipated to finally propel the medical footwear market. Rising awareness regarding physical fitness activities (walking, running, cycling, climbing, and many others) has surged the demand for medical footwear because of health-related concerns. Subsequently, the medical footwear industry is anticipated to have an expanding development rate graph during the forecast period.
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.
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 countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers theanalysis 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.
Scope of the LAMEA Medical Footwear Market Analysis
By End User
By Distribution Channel
- Saudi Arabia
- South Africa
- Rest of LAMEA
- 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.
- Podartis Srl
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