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Global Orthopedic Footwear Market to Grow on
Account of Rising Concern for Orthopedic
Disease Market to Grow with a CAGR of 5.85
during 2021-2028 Kenneth Research has released
a report titled Orthopedic Footwear Market
Global Demand Analysis Opportunity Outlook
2028 which also includes some of the prominent
market analyzing parameters such as industry
growth drivers, restraints, supply and demand
risk, along with the impact of COVID-19 and a
detailed discussion on the latest trends and
future opportunities that are associated with the
growth of the market. Musculoskeletal disorders
worldwide grew from 3.25 of total DALYs in the
year 1990 to 5.89 of total DALYs in the year
2019, according to the statistics by the
Institute for Health Metrics and Evaluation
(IHME). Get Full Information Here -
https//www.kennethresearch.com/sample-request-103
52251 The statistics portray the growing
prevalence of musculoskeletal disorders around
the world, which in turn, is driving the demand
for orthopedic footwear. Orthopedic disorders
usually are known to create pain or swelling in
the foot, ankle or leg. As a result, there is a
growing demand for personalized and comfortable
footwear that are tailored to the unique health
conditions of the individuals. Such a factor is
anticipated to drive the growth of the global
orthopedic footwear market.
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The global orthopedic footwear market is
anticipated to grow with a CAGR of 5.85 over
the forecast period, i.e., 2021 2028. The
market is estimated to garner a revenue of USD
11740.62 Million by the end of 2028, up from a
revenue of USD 7513.03 Million in the year 2020.
The market is segmented by product into
slippers, sandals, and shoes. By the end of 2028,
amongst all the other segments, the shoes
segment is anticipated to garner the largest
revenue of USD 5190.57 Million, up from a revenue
of USD 3336.78 Million in the year
2020. Geographically, the global orthopedic
footwear market is segmented into North America,
Europe, Asia Pacific, Latin America and Middle
East Africa, out of which, the market in North
America region is anticipated to garner the
largest revenue of USD 4012.94 Million by the end
of 2028, up from a revenue of USD 2581.48
Million in the year 2020. The research is global
in nature and covers detailed analysis on the
market in North America (U.S., Canada), Europe
(U.K., Germany, France, Italy, Spain, Hungary,
Belgium, Netherlands Luxembourg, NORDIC
Finland, Sweden, Norway, Denmark, Poland,
Turkey, Russia, Rest of Europe), Latin America
(Brazil, Mexico, Argentina, Rest of Latin
America), Asia-Pacific (China, India, Japan,
South Korea, Indonesia, Singapore, Malaysia,
Australia, New Zealand, Rest of Asia-Pacific),
Middle East and Africa (Israel, GCC Saudi
Arabia, UAE, Bahrain, Kuwait, Qatar, Oman, North
Africa, South Africa, Rest of Middle East and
Africa). In addition, analysis comprising market
size, Y-O-Y growth opportunity analysis, market
players competitive study, investment
opportunities, demand for future outlook etc.
has also been covered and displayed in the
research report.
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However, the high cost of orthopedic footwear as
compared to conventional footwear is one of the
major factors predicted to hinder the market
growth. This report also provides the existing
competitive scenario of some of the key players
of the global orthopedic footwear market, which
includes company profiling of DARCO
International, Inc., DJO, LLC, MEPHISTO S.A.S,
Apex Foot Health Industries, LLC, Propet USA,
Inc., Vionic Group LLC, Chaneco Limited,
DUNA-Corradini S.p.A., Orthofeet, Inc., Piedro,
Drewshoe, Incorporated, New Balance Athletics,
Inc., Edge Marketing Corporation, and
others. The profiling enfolds key information of
the companies which comprises of business
overview, products and services, key financials
and recent news and developments. Conclusively,
the report titled Orthopedic Footwear Market
Global Demand Analysis Opportunity Outlook
2028, analyses the overall global orthopedic
footwear industry to help new entrants to
understand the details of the market. In addition
to that, this report also guides existing
players looking for expansion and major investors
looking for investment in the global orthopedic
footwear market in the near future. Request
Report Sample Here - https//www.kennethresearch.
com/sample-request-10352251 Kenneth Research is
a leading service provider for strategic market
research and consulting. We aim to provide
unbiased, unparalleled market insights and
industry analysis to help industries,
conglomerates and
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executives to take wise decisions for their
future marketing strategy, expansion and
investment, etc. We believe every business can
expand to its new horizon, provided a right
guidance at a right time is available through
strategic minds. Our out of box thinking helps
our clients to take wise decision so as to avoid
future uncertainties.
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