Published on : Jun 19, 2017
Albany, New York, June 19, 2017: As the number of people participating in sports activities has been multiplying, the incidence of foot injury will also augment. This will create greater demand for medical shoes, fuelling the global medical shoes market. The growing incidence of chronic diseases such as diabetes, arthritis, and obesity is perhaps the leading growth driver of the global medical shoes market. Comfort and fashion are key areas of concern among the global consumers of medical shoes. The key market players are acknowledging these consumer needs and are accordingly designing new products.
On the contrary, as medical shoes come at high prices, the market might witness slow growth. Complexity of technological designs, low awareness about foot health among patients, and improper methods of delivery can also pose a threat to the expansion of the global market for medical shoes. However, since several manufacturers are working on the development of cost-efficient medical shoes displaying high efficacy, the global market for medical shoes will regain traction.
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By geography, the global market for medical shoes has been segmented into North America, Asia Pacific, Europe, and the Rest of the World (RoW). North America is expected to account for the largest share of the global medical shoes market, driven by the presence of a massive patient base. The growing disposable incomes of people, expanding healthcare expenditures, and rising geriatric population in the nations in Asia Pacific are responsible for the impending expansion of the medical shoes market in this region.
A number of players have been focusing on introduction of new medical shoes. For instance, in June 2017, responding to the need for style among the patient population, Revs® announced that it is planning to launch medical footwear such as flip flops and sandals. Emphasizing the need to utilize the potential held by reflexology massage, the brand is looking forward to bring forth the advantages of this natural treatment. The emergence of such comfortable, effective, high quality, and affordable solutions is expected to propel the demand for medical shoes.
OrthoFeet, DARCO International, Inc., Aetrex Worldwide, Inc, Podartis srl, Dr. Comfort, Dr. Zen, Inc., Francis Lavigne Developpement, Apexfoot.com, and duna srl are some leading companies operating in the global medical shoes market.
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