The Asia Pacific Medical Footwear Market would witness market growth of 9.5% CAGR during the forecast period (2020-2026). The Asia Pacific is anticipated to observe the highest development over the forecast period. An expanding number of diabetic patients and rising instances of foot ankle sprains because of outdoor activities are the leading elements boosting the regional market. As indicated by the International Diabetes Federation report, in 2016, China and India saw the biggest number of active diabetic cases over the world. Increasing concerns among individuals with respect to wellbeing, alongside expanding disposable income in these nations, are anticipated to fuel the product demand during the forecast period.
The inappropriate wearing of footwear and socks in diabetic patients prompts over 21% to 33% rate of diabetic foot ulcers. The International Clinical Guidelines for Diabetic Foot explicitly expresses that appropriate footwear can decrease abnormal plantar pressure, decrease the incident of corpus callosum and ulcers, and avert foot wounds. Analysts have designed and manufactured extraordinary footwear meant for various health-related issues with the improvement of science and innovation. Growing awareness regarding foot care among individuals associated with restricting the movements of the joints, reinforcing the stability of the feet, and decreasing pain has expanded the utilization of medical footwear, which is emphatically affecting the medical footwear market across the world.
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 China, Japan, India, South Korea, Singapore, Australia, and Rest of Asia Pacific.
Free Valuable Insights: Medical Footwear Market in Asia Pacific is expected to register a CAGR of 9.5% during the forecast period (2020-2026)
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.
Market Segmentation:
By End User
By Distribution Channel
By Country
Companies Profiled
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