Market Overview

Global Medical Footwear Market 2018-2022 | Surge in Innovative Product Designs to Boost Growth | Technavio

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The global medical footwear market is expected to post a CAGR of over 8%
during the period 2018-2022, according to the latest market research
report by Technavio.

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Technavio has published a new market research report on the global medical footwear market from 2018 ...

Technavio has published a new market research report on the global medical footwear market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is increasing awareness of
health and foot-related concerns. Hectic work schedules and increasing
foot-related issues, such as ankle varus, arthritis, bunions,
hammertoes, metatarsalgia, pes cavus, pes planus, and plantar fasciitis,
are encouraging people to opt for medical footwear to remain fit and
avoid health concerns. Thus, with rising problems and with manufacturers
coming out with medical footwear, the global market is expected to
witness optimistic revenues during the forecast period.

This market research report on the global
medical footwear market 2018-2022
also provides an analysis of
the most important trends expected to impact the market outlook during
the forecast period. Technavio classifies an emerging trend as a major
factor that has the potential to significantly impact the market and
contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

In this report, Technavio highlights the surge in innovative product
designs as one of the key emerging trends in the global medical footwear
market:

Global medical footwear market: Surge in
innovative product designs

Although the scope for innovation is limited in this market, vendors are
continuously investing in R&D activities to innovate and launch new
products. With increasing consumer demand for more innovative and trendy
product designs, medical footwear manufacturers are coming up with
better-quality new and trendy designs to cater to different customer
needs. Moreover, the prominent vendors in the market are introducing new
products to create product differentiation and value proposition for
potential and prospective customers. Also, the innovation in designs not
only allows brands to maintain high brand associations with customers
but also drives the growth of the overall market during the forecast
period.

"With benefits such as better support, proper circulation of blood
flow, and diminished pain, the sale of medical shoes is increasing due
to increasing adoption of these shoes and thus this factor is expected
to contribute largely to the medical footwear industry during the
forecast period,"
says a senior analyst at Technavio for research on
apparel and textile.

Global medical footwear market: Segmentation
analysis

This market research report segments the global medical footwear market
by end-user (men and women) and geographical regions (APAC, EMEA, and
the Americas).

The Americas led the market in 2017 with a market share close to 41%,
followed by EMEA and APAC respectively. However, during the forecast
period, the region of APAC is expected to have the highest incremental
growth, while the other two regions are expected to witness a decline in
their market shares over the forecast period.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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