SEATTLE, July 19, 2021, (MEDGADGET) — Orthopedic shoes/footwear are a special footwear type designed for people having various foot disorders, diseases or medical conditions including plantar fasciitis, blisters, hammer toes, foot injuries, bunions, heel spurs, musculoskeletal system alignment issues, diabetes and unequal length of the leg length.
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Global Orthopedic Footwear Market: Drivers
Rising developments to treat orthopedic disorder is expected to drive the global orthopedic footwear market over the forecast period. For instance, Wright Medical Group N.V, in July, 2018, presented its complete range of biologic solutions and lower extremities, including the injectable bone graft – AUGMENT and PROstep – minimally invasive system of surgery, at the 2018 Annual Meeting of American Orthopedic Foot & Ankle Society (AOFAS), at Hynes Convention Center, Boston, Massachusetts.
Planter fasciitis being increasingly prevalent is expected to bolster growth of the global orthopedic footwear market. For instance, as per the National Center for Biotechnology Information (NCBI), in October 2018, around 10% population worldwide suffer from plantar fasciitis, with 83% patients being actively working adults aged 25 to 65 years. Plantar fasciitis involves the plantar fascia inflammation, which is a typical foot condition.
Rising geriatric population having painful foot conditions is a key factor expected to drive the global orthopedic footwear market. For instance, Medline and Embase, in May 2016, conducted a literature survey, according to which around 25% geriatric population were suffering from foot pain. An elderly person even tends of having weak natural absorbers of shock. Orthopedic shoes are particularly designed for accommodating feet of an older person for protecting their heel from any sort of injury.
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Global Orthopedic Footwear Market: Restraints
Alternative treatment for conditions of orthopedic foot and their availability is expected to hinder growth of the global orthopedic footwear market. For instance, Alternative Foot Solutions, a Sydney-based podiatry clinic, offers foot mobilization acupuncture and podiatry to treat wide ranges of heel pain, foot pain, body movement, and biomechanical issues.
Global Orthopedic Footwear Market: Regional Analysis
Basis on region, the global orthopedic footwear market is divided into North America, Europe, Latin America, Asia Pacific, Africa, and Middle East. North America is expected to gain the highest share in the global orthopedic footwear market, due to planter fasciitis being increasingly prevalent within the region. For instance, as per the American Journal of Orthopedics, in December 2017, over 10% population in the U.S. experienced heel pain bouts, resulting in one million visits medical professionals every year for plantar fasciitis treatment. The cost for plantar fasciitis treatment annually is estimated from US$ 192 Million to US$ 376 Million.
Increasing awareness of disorders related to foot among Asia Pacific citizens is expected to propel growth of the global orthopedic footwear market in the region. Furthermore, acquisitions by major players in the region is expected to fuel the global orthopedic footwear market growth. For instance, In’Tech Medical SAS, a global leader in orthopedic surgical instruments’ contract manufacturing, in January 2016, acquired a premier orthopedic instruments and implants’ contract manufacturer in Asia – Ortho Solutions Sdn Bhd. Main aim of the acquisition was to provide a well-settled platform to In’Tech Medical Group for entering in the markets of Asia Pacific.
Global Orthopedic Footwear Market: Key Players
Major players functioning in the global orthopedic footwear market are New Balance, Orthopedic Bracing Solutions Inc., Mephisto, Propet, Dr Comfort, Clark’s, Sole, Piedro, Rokab, Apex, Orthofeet, DARCO, Vionic, Duna, Chaneco, and Drew Shoe.
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Global Orthopedic Footwear Market: Taxonomy
On The Basis of Footwear Type
On The Basis of Indication
- Sports Injuries
- Neuromuscular and Musculoskeletal Disorders
On The Basis of Consumer Group
On The Basis of Distribution Channel
- Supermarket and Hypermarket
- Specialty Store
- Online Store
- Footwear Store
On The Basis of Region
- North America
- Asia Pacific
- Latin America
- Middle East
Table of Content
Global Orthopedic Footwear Market Research Report
Section 1: Global Orthopedic Footwear Industry Overview
Section 2: Global Economic Impact on Orthopedic Footwear Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Orthopedic Footwear Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Section 10: Strategies and key policies by Distributors/Suppliers/Traders
Section 11: Key Marketing Strategy Analysis, by Market Vendors
Section 12: Market Effect Factors Analysis
Section 13: Global Orthopedic Footwear Market Forecast
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