The article cited AMA's Global Medical Shoes Market Study explored substantial growth with CAGR of 5.8%. According to the study, The surge in popularity of Medical shoes with good aesthetics amongst millennials seeking comfort along with a good appearance is one of the primary growth factors for the market. Presence of geriatric population suffering from a foot injury, wide bunions, an open sore, arthritis degenerative foot disorders, spasticity, and muscular diseases or neurological diseases
is also expected to contribute significantly to the Medical Shoes market. Overall, Diabetes or Arthritis
applications of Medical Shoes, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as New Balance (United States), Dr. Comfort (United States), Mephisto (France), Apex Foot Health Industries (United States), Propet (United States), Vionic (United States), Chaneco (United Kingdom), Duna (Italy), Orthofeet (United States) and Piedro (United Kingdom) pushing strong cash flow in Market which is also a key in driving revenue growth.
AMAs Analyst on the Global Medical Shoes market identified that the demand is rising in many different parts of the world as "There is an increased opportunity for medical shoe manufacturers for tapping the growing needs for medical supplies that are light in weight, durable and fashionable
". Furthermore, some recent industry insights like "In September 2021, ASICS launched a new footwear range designed especially for medical professionals, including Nurse Walker and Care Walker." is constantly making the industry dynamic. One of the challenges that industry facing is "Unawareness about the health benefits of medical shoes for disease prevention and reduction and High cost associated with the manufacturing of medical shoes"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Medical Shoes market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Medical Shoes market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Medical Shoes market tight? Which application/end-user category or Product Type [Orthopedic Shoes, Nursing Shoes and Others] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Medical Shoes market and other related sub-markets covered in the study.
o Key & emerging players in the Medical Shoes market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Medical Shoes market size is calculated using market estimation process, the Medical Shoes market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Medical Shoes market size has been validated using both top-down and bottom-up approaches.