North America 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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Get in-depth analysis of the COVID-19 impact on the North America Medical Footwear Market
Market Report Description
The North America Medical Footwear Market would witness market growth of 7.3% 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.
Growing instances of foot-related problems, ankle sprain, ulcers, diabetes, and strain and foot pain because of obesity are anticipated to boost the development of this market. As per the American Podiatric Medical Association (APMA), in 2018, near 81% of obese individuals acknowledged that they have experienced foot pain and various foot and ankle conditions because of overweight.
Despite adversity and the outbreak of Covid-19, there has been a move in the buying pattern of the customers. As indicated by a Vertical Web Media report, online sales have spurred during the lockdown period. However, the demand for basic items, for example, groceries, medicines, and other food products are ruling consumer necessities. Customers have become more aware of their ways of spending habits and are abstaining from purchasing non-essential items, along these lines declining the development for the footwear business, including medical footwear, among customers.
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 U.S., Mexico, Canada, and Rest of North America.
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 North America Medical Footwear Market Analysis
By End User
By Distribution Channel
- Rest of North America
- 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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