Medical Footwear Global Market Report 2023 – By Product (Medical Shoes and Boots, Medical Sandals, Other Products), By Sales Channel (Direct Sales of Medical Footwear, Footwear Specialty Stores, Medical and Healthcare Centers, Online Retailers of Medical Footwear, Mono Brand Stores, Other Sales Channels), By Appliation (Diabetic Shoes, Arthritis Shoes, Bunions and Hallux Valgus Shoes, Flat Feet Shoes, Other Appliations), By End User Sex (Men, Women) – Market Size, Trends, And Global Forecast 2023-2032

The vegan footwear refers to footwear made without the utilization of animal products like wool, silk, fur, leather, or shearling. It is manufactured using various synthetic fabrics such as polyurethane, microfiber, and others. The main vegan footwear product types include shoes, sneakers, boots, sandals, heels, and other product types. Vegan shoes are made without the use of any type of animal product. It also excludes products that were tested on animals along with many materials that are traditionally used in shoemaking such as leather, wool, fur, and some glues. The different vegan footwear material types include microfiber, polyurethane (PU), cotton, natural rubber, hemp, and other material types. The sales channels for vegan footwear are direct and indirect. The different distribution channels include supermarkets/hypermarkets, convenience stores, specialty stores, and online stores for end-users including men, women, and children. The global vegan footwear market is segmented – 1) By Product Type: Shoes, Sneakers, Boots, Sandals, Heels, Other Product Types 2) By Material Type: Microfiber, Polyurethane (PU), Cotton, Natural Rubber, Hemp, Other Material Types 3) By Sales Channel: Direct, Indirect 4) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Stores 5) By End User: Men, Women, Children The global vegan footwear market size will grow from $24.48 billion in 2022 to $26.62 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of vegan footwear is expected to grow to $36.44 billion in 2027 at a CAGR of 8.2%. The growing demand for eco-friendly shoes is expected to propel the growth of the vegan footwear market. Eco-friendly shoes are made out of materials that are harmless to the environment as they don’t pollute the air, water, or soil and decompose quickly after dumping. For instance, in April 2021, Reebok, a US-based athletic footwear and apparel company launched two new sustainable, vegan running and training shoes namely the Nano X1 Vegan and the Floatride Energy GROW. The shoes are created from eucalyptus bark, castor bean oil, bloom algae, natural rubber, and recycled polyester as part of the brand's sustainability drive. Therefore, the rising demand for eco-friendly shoes is driving the growth of the vegan footwear market. Major players in the vegan footwear market are AVESU GMBH, Adidas, Beyond Skin, Bourgeois Boheme, Ethletic, Hexa Shoes, Matt & Nat, MooShoes, Nike, Noah, Rungg, Susi Studio, Sydney Brown LLC, Taylor + Thomas and Veerah. Technological advancements are a key trend gaining popularity in the vegan footwear market. Footwear companies are constantly focusing on developing new and advanced materials for manufacturing vegan footwear. For instance, in 2020, Adidas, a Germany-based designer, and producer of apparel, accessories, and sports equipment, developed a plant-based leather material which is made from mycelium, which is part of a fungus, for making shoes. Also, in 2020, the company produced 15 million pairs of shoes that were made from recycled plastic waste collected from beaches and coastal regions. In August 2020, Adidas, a Germany-based designer, and producer of apparel, accessories, and sports equipment, and Sean Wotherspoon, an American sneaker designer, created a new vegan footwear brand, SuperEarth. The footwear is made from plant-based materials and upcycled fabric and is developed by keeping sustainability and eco-consciousness in mind. North America was the largest market in the vegan footwear market in 2022. The regions covered in the vegan footwear market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the vegan footwear market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The vegan footwear market consists of sales of shoes made from mushrooms, bananas, apples and synthetic materials. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The vegan footwear market research report is one of a series of new reports from The Business Research Company that provides vegan footwear market statistics, including vegan footwear industry global market size, regional shares, competitors with a vegan footwear market share, detailed vegan footwear market segments, market trends and opportunities, and any further data you may need to thrive in the vegan footwear industry. This vegan footwear market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The luxury footwear is a type of luxury product manufactured using premium quality materials and provide greater durability, uniqueness, and comfort. Price, quality, rarity, beauty, extraordinariness, and symbolism are all common qualities of luxury footwear. Luxury footwear products usually have characteristics that include higher price, premium quality, rarity, aesthetics, extraordinariness, and symbolism. The main luxury footwear products include shoes, sandals, and other product types. Luxury shoes are manufactured using premium quality materials and provide greater durability, uniqueness, and comfort. Some of the qualities which differentiate luxury shoes from the rest are their uncommon quality of rarity, sophisticated design, extraordinary craftsmanship, longevity, and timelessness. The different distribution channels for luxury footwear include online and offline for end-users including men, women, and children. The global luxury footwear market is segmented – 1) By Product Type: Shoes, Sandals, Other Product Types 2) By Distribution Channel: Online, Offline 3) By End User: Men, Women, Children The global luxury footwear market size will grow from $25.99 billion in 2022 to $27.67 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of luxury footwear is expected to grow to $35.08 billion in 2027 at a CAGR of 6.1%. The increasing spending on designer and branded luxury items is expected to propel the growth of the luxury footwear market. Luxury footwear is a type of luxury item that refers to footwear items that are typically associated with the wealthy or affluent. According to SaveMyCent, a US-based online coupon code provider, in 2020, US consumers spent $64.8 billion on luxury items. Consumers in China ($51.8 billion) and Japan ($21.2 billion) came in second and third, respectively. The Americas accounted for 28% of total global luxury expenditure in 2020. Therefore, the increasing spending on designer and branded luxury items is driving the growth of the luxury footwear market. Major players in the luxury footwear market are LVMH, A.Testoni, Adidas AG, Base London, Burberry Group PLC, Chanel, Dr. Martens, Furla SpA, Guccio Gucci S.p.A, Hermes International S.A., John Lobb Bootmaker, Longchamp, Lottusse, Luxottica Group, Mulberry Group, Prada Group, Airwair International Ltd., Armani Group, J Choo USA, Inc., Kering, Lee Cooper, Puma, Reebok International, and Stuart Weitzman. Technological advancements are a key trend gaining popularity in the luxury market. The companies operating in the luxury footwear market are focusing on developing future-sustainable and innovative products with recycled plastics to meet sustainability goals set by global organizations and governments across the globe. For instance, in 2020, Adidas, a Germany-based designer and producer of apparel, luxury footwear, accessories, and sports equipment, has developed plant-based leather material, which is made from mycelium, which is part of a fungus, for making shoes. Also in 2020, the company will have produced 15 million pairs of shoes that were made from recycled plastic waste collected from beaches and coastal regions. In June 2021, Fosun Fashion Group, a China-based international luxury fashion group, acquired Sergio Rossi S.p.A. from Absolute Luxury Holding S.r.l. for an undisclosed amount. The acquisition is expected to enrich FFG’s luxury brand portfolio, which presently includes Lanvin, Wolford, Caruso, and St. John Knits, complementing the group's core capacity through luxury accessories and will also expand into newer markets. Sergio Rossi S.p.A is an Italy-based manufacturer of luxury footwear. North America was the largest region in the luxury footwear market in 2022. Western Europe was the second largest region in the luxury footwear market share in 2022. The regions covered in the luxury footwear market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the luxury footwear market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The luxury footwear market consists of sales of fashion boots, cowboy boots, hiking boots, sneakers and heels. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The luxury footwear market research report is one of a series of new reports from The Business Research Company that provides luxury footwear market statistics, including global market size, regional shares, competitors with a luxury footwear market share, detailed luxury footwear market segments, market trends and opportunities, and any further data you may need to thrive in the luxury footwear industry. This luxury footwear market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Athletic footwear refers to a variety of types of shoes that are designed to take into account the particular movements involved in various sports and are used while participating in sports, exercise, or leisure activities. Athletic footwear provides sports-specific levels of cushioning, stability, traction, flexibility, and durability. The main types of athletic footwear include running shoes, sports shoes, trekking/hiking shoes, and others. Running shoes refer to shoes designed for running and jogging activities. Running shoes are made for forwarding movement and safeguard both the front and back of your foot. They may aid in the prevention of shin splints, stress fractures, tendonitis, and other issues. They are used by men, women and kids, and they are distributed through supermarkets/hypermarkets, speciality stores, brand outlets, and online channels. The global athletic footwear market is segmented - 1) By Product Type: Running Shoes, Sports Shoes, Trekking/Hiking Shoes, Other Product Types 2) By End User: Men, Women, Kids 3) By Distribution Channel: Hypermarkets/Supermarkets, Specialty Stores, Brand Outlets, Online Channels The global athletic footwear market size grew from $77.5 billion in 2022 to $81.85 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The athletic footwear market size is expected to grow to $102.06 billion in 2027 at a CAGR of 5.7%. The rising number of sports tournaments is expected to propel the growth of the athletic footwear market. Sports tournaments refer to competitions, in which large sections of players compete against each other in a specific format to determine the overall winner. Individuals are increasingly participating in local or regional tournaments, to display their skills and represent themselves on the global stage for their country. Sports professionals and enthusiasts enrolled in various sports tournaments are mandated to wear athletic footwear to conduct a safe and competitive tournament. For instance, In February 2020, the International Cricket Council (ICC), the governing body of cricket, figured that T20 international cricket had witnessed a 14% growth in global participation. There was a 110% increase in associate member women's T20 matches. Therefore, the rising number of sports tournaments will drive the growth of the athletic footwear market during the forecast period. Major players in the athletic footwear market are Adidas AG, ASICS Corporation, Fila, Under Armour, Lotto Sport, New Balance, Vans, Nike, Puma, Skechers, K-Swiss, Wolverine World Wide, BATA, Columbia Sportswear, and The Aldo Group. The use of recycled material in shoe manufacturing is a key trend gaining popularity in the athletic footwear market. The companies operating in athletic footwear are focusing on utilizing recycled materials in shoes to reduce the carbon footprint, and meet their organization’s specific sustainable goals. For instance, In April 2022, Decathlon S.A., a French sporting goods company launched Traxium Compressor, a football shoe completely manufactured from recycled thermoplastic derived from end-of-life sporting goods such as plastic balls, shoes, and others. Additionally, in June 2021, Adidas, a manufacturer of apparel, shoes, clothing, and accessories, launched the Solarthon golf shoes, whose upper parts are made from 50% recycled parley ocean plastic. In March 2022, Authentic Brands Group (ABG), an American brand management company, acquired Reebok from Adidas AG for $2.5 billion. Post-acquisition, ABG is focused on establishing Reebok Design Group (RDG) in partnership with SPARC Group, for design, development, and innovation for footwear and apparel. Adidas AG is a Germany-based manufacturer of shoes, clothing, and accessories. North America was the largest region in the athletic footwear market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the athletic footwear market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the athletic footwear market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The athletic footwear market consists of sales of walking shoes, court sport shoes, minimalist shoes, hockey shoes, and climbing shoes. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The athletic footwear market research report is one of a series of new reports from The Business Research Company that provides athletic footwear market statistics, including athletic footwear industry global market size, regional shares, competitors with an athletic footwear market share, detailed athletic footwear market segments, market trends and opportunities, and any further data you may need to thrive in the athletic footwear industry. This athletic footwear market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Diabetic footwear refers to therapeutic footwear that is broader and deeper than conventional shoes and made of special protective inserts and soft materials. It includes a larger toe box to avoid squeezing the toes and reduce the possibility of bottom blisters (ulcers) produced by disunion and pressure. The diabetic footwear is used to relieve pressure and calluses on the bottom of the foot. The main types of diabetic footwear are shoes, sandals, and slippers. The diabetic shoes are made of special protective inserts and soft materials and are used for increasing blood circulation and nerve sensation, having a wide toe box, and massaging to reduce pressure. The various distribution channels include online platforms, specialty stores, footwear stores, and others and are used by various end-users, including men, women. The global diabetic footwear market is segmented - 1) By Type: Shoes, Sandals, Slippers 2) By Distribution Channel: Online Platform, Specialty Stores, Footwear Stores, Other Distribution Channles 3) By End User: Men, Women The global diabetic footwear market size grew from $7.1 billion in 2022 to $7.83 billion in 2023 at a compound annual growth rate (CAGR) of 10.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The diabetic footwear market size is expected to grow to $10.67 billion in 2027 at a CAGR of 8.1%. The increase in the number of diabetic patients will propel the growth of the diabetic footwear market going forward. Diabetes is a chronic health condition that results in high blood glucose levels. Diabetic footwear can help prevent serious foot health complications that can arise as a result of diabetes and also provide the necessary benefits such as increased blood circulation, a wide toe box, and massaging to reduce pressure in the areas of the foot that are most susceptible to pain. For instance, in 2021, according to the report published by the International Diabetes Federation, a Belgium-based umbrella organization of 230 national diabetes associations, there were 463 million and 537 million people suffering from diabetes around the world in 2019 and 2021, respectively. Also, by 2030, the overall number of diabetics is expected to reach 643 million, and by 2045, it will reach 783 million. Therefore, the increasing number of diabetic patients is driving the growth of the diabetic footwear market. Major players in the diabetic footwear market are Podartis Srl, DJO Global Inc., Aetrex Worldwide Inc., Dr. Zen Products Inc., Orthofeet Inc., Dr. Comfort llc, Drew Shoes, New Balance Inc., I-Runner, Finn Comfort, Pilgrim shoes, Diabetic Soles Inc., Hanger Inc., and Hush Puppies Retail Inc. Technological advancements are a key trend gaining popularity in the diabetic footwear market. Major companies operating in the diabetic footwear market are developing new technologies to strengthen their position in the market. For instance, in December 2021, Von Wellx, a Germany-based company that specializes in footwear that provides health benefits, launched diabetic footwear based on reflex zones technology. The footwear functions by massaging the pressure points in the foot, similar to walking barefoot on grass, stimulating blood circulation and oxygen, thereby energizing the body and resulting in minimal exhaustion throughout the day, even when standing and walking for 12 hours or more. It also gives the benefit of walking 8000 steps with only 3000 steps because the spring and massaging function work the user's foot muscles 2.5 times per step. In November 2021, Aiglon Capital and Merit Capital, a US-based private infrastructure firm, acquired Propét for an undisclosed amount. The acquisition is anticipated to improve the position, provide Aiglon and Merit with a solid base, and open up new opportunities for brand expansion. Propet is a US-based company that manufactures comfort footwear and diabetic footwear. North America was the largest region in the diabetic footwear market in 2022. The regions covered in the diabetic footwear market share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the diabetic footwear market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The diabetic footwear market consists of sales of in-depth shoes, healing shoes, and custom-made shoes. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The diabetic foot wear market research report is one of a series of new reports from The Business Research Company that provides diabetic foot wear market statistics, including global market size, regional shares, competitors with a diabetic foot wear market share, detailed diabetic foot wear market segments, market trends and opportunities, and any further data you may need to thrive in the diabetic foot wear industry. This diabetic foot wear market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Foot and ankle devices are medical devices that are used to treat foot and ankle diseases through surgical procedures. These devices are used to reduce foot pain caused by medical conditions such as arthritis, bunions, plantar fasciitis, flat feet, and diabetes. The main types of products in foot and ankle devices are orthopedic implants and devices, bracing and support devices, and prostheses. A prosthesis is an artificial device that is used to replace or augment an impaired or missing part of the body This prosthesis applies to any artificial limb, regardless of whether it is an upper limb or lower limb. These are divided by the cause of injury, such as trauma, diabetes, neurological disorders, others, and are used by hospitals, ambulatory surgery centers, orthopedic clinics, rehabilitation centers, others. The global foot and ankle devices market is segmented - 1) By Product: Bracing and Support Devices, Prostheses 2) By Cause Of Injury: Trauma, Diabetes, Neurological Disorders, Other Causes 3) By End User: Hospitals, Ambulatory Surgery Centers, Orthopedic Clinics, Rehabilitation Centers, Other End Users The global foot and ankle devices market size grew from $5.13 billion in 2022 to $5.61 billion in 2023 at a compound annual growth rate (CAGR) of 9.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the foot and ankle devices market is expected to grow to $7.48 billion in 2027 at a CAGR of 7.4%. The increase in rates of orthopedic disorders are expected to propel the growth of the foot and ankle devices market moving forward. Orthopedic disorders are diseases which affect the musculoskeletal system that damages the muscle and bone tissues. This includes the bones, cartilage, ligaments, tendons, and connective tissues. Foot and ankle devices are used to address various types of fusions, fractures, and osteotomies in the forefoot, midfoot and rearfoot, which would increase the market growth. For instance, according to World Health Organization, a Switzerland-based government agency, musculoskeletal diseases affected 1.71 billion people worldwide in 2021, making them the major cause of disability. Apart from that, there are 568 million people who suffered from low back discomfort. Therefore, the growing incidence rates of orthopedic disorders are driving the growth of the foot and ankle devices market. Major players in the foot and ankle devices market are Aap Implantate Ag, Acumed LLC, Advanced Orthopaedic Solutions, Arthrex Inc., Biomet Inc., Conmed Corporation, DePuy Synthes Companies, DonJoy Inc., Extremity Medical LLC, Fillauer LLC, Groupe Fh Ortho (A Subsidiary of Olympus Corporation), Integra LifeSciences Holdings Corporation, Medartis Inc., Mondeal Medical Systems GmbH., Ortho Solutions UK Ltd., Orthofix Medical Inc., Össur HF, Ottobock Healthcare AG, Smith & Nephew PLC., Stryker Corporation, Tornier N.V, Vilex in Tennessee Inc., Wright Medical Technology Inc., and Zimmer Biomet Holdings Inc. Product innovations have emerged as a key trend gaining popularity in the foot and ankle market. Companies operating in the foot and ankle market are going through new product innovations to gain a competitive advantage. For instance, in September 2020, Stryker Corporation, a US-based medical technology company, launched the AxSOS 3 Ankle Fusion System. It is an ankle fusion titanium plate system that helps for the fusion of the tibiotalar joint. ASOS 3 Ankle Fusion System was developed with the help of Stryker’s proprietary orthopedic design and development system technology. In June 2021, Paragon 28, a US-based orthopedic medical device company, acquired Additive Orthopedics for an undisclosed amount. Through this acquisition, Paragon expands improved its product portfolio and significantly accelerated the company’s strategy to gain a mechanical advantage in smart tools, artificial intelligence, and advanced technology to improve patient outcomes. Additive Orthopedics is a US-based orthopedic devices company, which offers innovative orthopedic implants for feet and ankles, and provides solutions by the use of 3D printing technology to its customers. North America was the largest region in the foot and ankle devices market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the foot and ankle devices market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the foot and ankle devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The foot and ankle devices market consist of sales of joint implants, fixation devices, soft tissue orthopedic devices. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The foot and ankle devices market research report is one of a series of new reports from The Business Research Company that provides foot and ankle devices market statistics, including foot and ankle devices industry global market size, regional shares, competitors with a foot and ankle devices market share, detailed foot and ankle devices market segments, market trends and opportunities, and any further data you may need to thrive in the foot and ankle devices industry. This foot and ankle devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Clothing and clothing accessories stores are stores that sell clothing and clothing accessories to ultimate users from fixed locations. The clothing and clothing accessories stores ranges from small to large and offer various apparels based on consumer preferences. The major types of clothing and clothing accessories are clothing and apparel stores, jewellery and watch stores, optical goods stores, and footwear stores. Clothing and apparel stores refer to the shops that sell dresses, clothes, and apparel like shoes and other costume-related items. The two types of ownership are retail chain and independent retailer, both of which sell through an exclusive showroom and dealer store. The global clothing and clothing accessories stores market is segmented – 1) By Type: Clothing/Apparel Stores, Jewelry And Watch Stores, Optical Goods Stores, Footwear Stores 2) By End-User: Men, Women, Kids or Infants 3) By Ownership: Retail Chain, Independent Retailer 4) By Type of Store: Exclusive Showroom, Dealer Store The global clothing and clothing accessories stores market size will grow from $1,214.28 billion in 2022 to $1,301.87 billion in 2023 at a compound annual growth rate (CAGR) of 7.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of clothing and clothing accessories stores is expected to grow to $1,636.51 billion in 2027 at a CAGR of 5.9%. Many clothing and accessories stores are adopting a robust and cohesive strategy for data analytics in management. This technology is being deployed to enhance supply chain efficiency, streamline operations to engage customers, and build loyalty. Data has become critical for most retail operations. For instance, the global retail analytics market will reach $5.1 billion in 2020. With the rapid growth in retail data and the availability of technologies to analyze data, it will become easier for building materials and garden equipment and supplies dealers to identify and meet the needs and expectations of their customers, which is expected to drive the market going forward. Major companies in the clothing and clothing accessories stores market include TJX Companies Inc., LVMH Moet Hennessy Louis Vuitton SE, Industria De Diseno Textil SA, Hennes & Mauritz AB, Rajesh Exports, Fast Retailing Co. Ltd., Inditex, The Gap Inc., Associated British Foods plc, and L Brands Inc. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the clothing and clothing accessories market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in the manufacture and trade of non-essential goods and an overall decline in economic activity with countries entering a state of "lock down" and the outbreak having a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the clothing and clothing accessories stores market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Retail stores are increasingly using in-store automation to streamline retail shopping. Automation in retail stores is aimed at cutting costs and time involved in store operations such as container movement, merchandise scanning, inventory checking, retrieving, packaging, delivering products, and connecting with customers. Automation reduces waiting times, avoids stocking problems, enhances productivity, and improves the overall customer experience. Retailers are also focusing on using self-checkout stands for customers. Some of the major clothing retailers, such as Zara and Lifestyle, are using self-checkout systems. In June 2022, MishiPay self-checkout kiosk was launched to store 100% of store transactions all by the customers. Western Europe was the largest region in the clothing and clothing accessories stores market in 2022. North America was the second-largest region in the clothing and clothing accessories stores market share. The regions covered in the clothing and clothing accessories stores market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the clothing and clothing accessories stores market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The clothing and clothing accessories stores market includes revenues earned by entities by providing services through boutiques, designer stores, and specialty stores. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The clothing and clothing accessories stores market research report is one of a series of new reports from The Business Research Company that provides clothing and clothing accessories stores market statistics, including clothing and clothing accessories stores industry, clothing and clothing accessories stores market size, regional shares, competitors with a clothing and clothing accessories stores market share, detailed clothing and clothing accessories stores market segments, market trends and opportunities, and any further data you may need to thrive in the clothing and clothing accessories stores industry. This clothing and clothing accessories stores market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Fast fashion refers to a strategy to the design, development, and marketing of apparel designs that places an emphasis on giving consumers access to fashion trends fast and affordably. Fast fashion means garments that move quickly from the catwalk to the stores to meet the new trends. Fast fashion clothing collections are supported by the foremost recent fashion trends presented at Fashion Week. The main types of fast fashion are pants, coat, skirt and others. Skirt is defined as the garment worn by women and girls that are secured around the waist and hang down around the legs. It is available in different genders such as women's wear, men's wear and various age including adult’s wear, teens wear, kids wear and others. The global fast fashion market is segmented – 1) By Gender: Women's wear, Men's wear 2) By Age: Adults wear, Teens wear, Kids wear, Other Ages 3) By Type: Pants, Coat, Skirt, Other Types The global fast fashion market size will grow from $106.42 billion in 2022 to $122.98 billion in 2023 at a compound annual growth rate (CAGR) of 15.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global fast fashion is expected to grow to $184.96 billion in 2027 at a CAGR of 10.7%. Increasing adoption of affordable clothes by the rising youth population drove the fast fashion market. According to the United Nations estimates of the world’s youth population, in 2019 the youth population totalled 1.2 billion and it’s projected to grow by 7.9% to 1.3 million by 2030. The youth population is attracted to unique, trendy, and affordable clothes. The apparel manufacturing companies are therefore focusing on bringing fashion clothes from the most recent fashion trends presented in fashion week. The growing preference for affordable fast fashion clothes by the increasing youth population boosted the fast fashion market. Major players in the fast fashion market are Zara (Inditex), H&M Group, Fast Retailing (Uniqlo), Gap, Forever 21, Mango, Esprit, Primark, New Look, and River Island. Worker's low living wages and poor working conditions hamper the growth of fast fashion. In the fashion industry, the workers, women especially (women represent nearly 80% of the world’s garment workers), are paid very less. Women also face workplace abuses. According to the Global Labour Justice report, female garment workers in top companies of fast fashion in Asia face exploitation and mistreatment which includes poor conditions of work, low salaries, and overtime which leads to a lack of efficiency. By this, most people will not prefer the fashion industry to work. Therefore, low wages and terrible working conditions are affecting the growth of the fast fashion market. Virtual and augmented reality is being used by online and offline retailers in the fast fashion market. The use of virtual or augmented reality in the fast fashion market is to fill the gap between online and offline channels. These technologies enable the customer to try the product and see how it looks when they try the clothes or make-up on them by using virtual reality mirrors or cameras in their smart phones. For instance, applications such as Dressing Room are using augmented reality technology to enable shoppers to try outfits on an avatar. Virtual and augmented reality enhances in-store experience and this is driving the market for fast fashion. Western Europe was the largest region in the fast fashion market in 2022. Asia-Pacific was the second largest region in the global fast fashion market share. The regions covered in the global fast-fashion market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the fast fashion market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The fast fashion market consists of sales of polyester, acrylic, and nylon. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The fast fashion market research report is one of a series of new reports from The Business Research Company that provides fast fashion market statistics, including fast fashion industry global market size, regional shares, competitors with a fast fashion market share, detailed fast fashion market segments, market trends and opportunities, and any further data you may need to thrive in the fast fashion industry. This fast fashion market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Medical equipment are devices that can be instrument, apparatus or machine that can be used in the prevention, diagnosis or treatment of illness or disease, or for detecting, measuring, restoring, correcting or modifying the structure or function of the body for health purpose. The main types of medical equipment are in-vitro diagnostics, dental equipment and supplies, ophthalmic devices, diagnostic imaging equipment, cardiovascular devices, hospital supplies, surgical equipment, orthopedic devices, patient monitoring devices, diabetes care devices, nephrology and urology devices, ENT devices, anesthesia and respiratory devices, neurology devices, and wound care devices. In-vitro diagnostics are tests done on samples like blood or tissue that is taken from the human body. In-vitro diagnostics will detect diseases or other conditions and are used to monitor a person’s overall health to cure, treat, or prevent diseases. The type of expenditure involved is public and private. The various product are instruments/equipment and disposables. The various end users involved are hospitals and clinics, homecare, diagnostics centres, and others. The global medical equipment market is segmented - 1) By Type: In-Vitro Diagnostics, Dental Equipment And Supplies, Ophthalmic Devices, Diagnostic Imaging Equipment, Cardiovascular Devices, Hospital Supplies, Surgical Equipment, Orthopedic Devices, Patient Monitoring Devices, Diabetes Care Devices, Nephrology And Urology Devices, ENT Devices, Anesthesia And Respiratory Devices, Neurology Devices, Wound Care Devices 2) By Type of Expenditure: Public, Private 3) By Product: Instruments/Equipment, Disposables 4) By End User: Hospitals And Clinics, Homecare, Diagnostics Centers, Other End Users Subsegments Covered: Point-of-Care Diagnostics Devices And Equipment, Immunochemistry Diagnostic Devices And Equipment, Clinical Chemistry Diagnostics Devices And Equipment, Molecular Diagnostics Devices And Equipment, Microbiology Diagnostic Devices And Equipment, Hemostasis Diagnostic Devices And Equipment, Hematology Diagnostic Devices And Equipment, Immunohematology Diagnostic Devices And Equipment, Therapeutic Dental Equipment, General Dental Devices And Equipment, Dental Diagnostic Imaging Devices And Equipment, Dental Surgical Devices And Equipment, Vision Care Devices And Equipment, Cataract Surgery Devices And Equipment, Refractive Surgery Devices And Equipment, Diagnostic And Monitoring Ophthalmic Devices And Equipment, X-Ray Systems Devices And Equipment, Ultrasound Systems Devices And Equipment, Computed Tomography (CT) Scanners Devices And Equipment, Magnetic Resonance Imaging Systems Devices And Equipment, Cardiovascular Monitoring And Diagnostic Devices And Equipment, Nuclear Imaging Devices And Equipment, Cardiovascular Surgery Devices And Equipment, Cardiac Rhythm Management (CRM) Devices And Equipment, Interventional Cardiology Devices And Equipment, Defibrillator Devices And Equipment, Peripheral Vascular Devices And Equipment, Prosthetic Heart Valve Devices And Equipment, Electrophysiology Devices And Equipment, Cardiac Assist Devices And Equipment, Disposable Hospital Supplies, Sterilization Equipment And Disinfectants, Mobility Aids And Transportation Equipment, Operating Room Equipment, Surgical Sutures And Staples, Handheld Surgical Devices And Equipment, Electrosurgical Devices And Equipment, Joint Reconstruction Devices And Equipment, Spinal Surgery Devices And Equipment, Trauma Fixation Devices And Equipment, Orthobiologics Devices And Equipment, Arthroscopy Devices And Equipment, Orthopedic Braces And Support Devices And Equipment, Craniomaxillofacial (CMF) Devices And Equipment, Orthopedic Prosthetics, Orthopedic Accessories,, Fetal And Neonatal Monitoring Devices, Weight Monitoring And Body Temperature Monitoring Devices And Equipment, Vital Parameter Monitoring Devices And Equipment, Remote Patient Monitoring Devices And Equipment, Blood Glucose Test Strips, Insulin Pens, Syringes, Pumps And Injectors, Lancing Devices And Equipment, Continuous Glucose Monitoring Devices And Equipment, Blood Glucose Meters, Dialysis Devices And Equipment, Urinary Stone Treatment Devices And Equipment, Urinary Incontinence & Pelvic Organ Prolapse Devices And Equipment, Benign Prostatic Hyperplasia (BPH) Treatment Devices And Equipment, Endoscopy Devices And Equipment, Hearing Aid Devices And Equipment, Hearing Diagnostic Devices And Equipment, ENT Surgical Devices And Equipment, Hearing Implants, Voice Prosthesis Devices And Equipment, Nasal Splints, Respiratory Devices And Equipment (Therapeutic And Diagnostic), Anesthesia Machines, Anesthesia Disposables, Respiratory Disposables, Cerebrospinal Fluid Management (CSF) Devices And Equipment, Interventional Neurology Devices And Equipment, Neurosurgery Devices And Equipment, Neurostimulation Devices, Traditional Adhesive Dressings, Negative-pressure Wound Therapy (NPWT), Traditional Gauze Dressings, Advanced Wound Care Devices The global medical equipment market grew from $639.75 billion in 2022 to $695.05 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global medical equipment is expected to grow to $922.39 billion in 2027 at a CAGR of 7.3%. The rise in sedentary jobs, busy lifestyles, and changing consumer preferences are affecting the disease profile of the world population, especially non-communicable diseases such as cancer, diabetes, and cardiovascular diseases. Long working hours, less physical activity, and unhealthy eating and drinking habits are major causes of chronic diseases such as diabetes. According to the World Health Organization, chronic disease prevalence is expected to rise by 57% globally, by the year 2020. This is increasing the demand for medical devices used in the diagnosis, prognosis, and treatment of several diseases, thereby driving the demand for medical equipment. These factors are expected to increase the patient pool globally, thereby driving the growth of the medical equipment market during the forecast period. Major companies in the medical equipment market include Medtronic Inc., Abbott Laboratories, Johnson & Johnson, Cardinal Health, Inc., Becton Dickinson, Siemens AG, STRYKER CORPORATION, Koninklijke Philips N.V., F. Hoffmann-La Roche Ltd., and Boston Scientific Corporation. Regulatory changes are likely to lead to increased costs relating to new product development and service offerings to clients. These changes are related to customer data protection such as the European Union's General Data Protection Regulation (GDPR), changes to equipment approval procedures, and other regulatory changes. For instance, according to cookieyed data 2021, in the US, PwC reported that 68% of 200 businesses surveyed intended to spend between $1 million and $10 million to comply with GDPR regulations. The GDPR regulation is an EU law on data protection and privacy of individuals residing in the European Union and the European Economic Area (EEA). It also regulates the export of personal data outside the EU and EEA areas. Additionally, the FDA is requesting more clinical data to support claims, therefore increasing the time to process 510(k)s by over 55% over the last decade. The potential loss of revenue due to delays in product release and additional costs incurred due to stringent approval processes puts a strain on investments relating to new product development, thereby affecting the growth of the medical equipment market. Device performance and patient data are available to healthcare service providers and are helping them to improve patient monitoring and overall care quality. Some companies are integrating medical equipment market data with EMR (Electronic Medical Records) to improve transparency and collaboration. As consumer wearables are becoming more common, patient data volumes are increasing and companies are investing in deploying data management, warehousing, and security technologies. For example, Medtronic launched a tool to augment their cardiac devices to securely transfer device data to doctors and allow them to monitor the critical health indicators of their patients. North America was the largest region in the global medical equipment market in 2022. Asia-Pacific was the second largest region in the global medical equipment market share. The regions covered in the medical equipment market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the medical equipment market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa., South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The medical equipment market consists of sales of devices used in the diagnosis, treatment and monitoring of medical conditions. The market includes diagnostic devices, imaging devices, surgical devices and patient monitoring devices. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in the medical equipment market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified medical equipment market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the medical equipment market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The medical equipment market research report is one of a series of new reports from The Business Research Company that provides medical equipment market statistics, including medical equipment industry global medical equipment market size, regional shares, competitors with a medical equipment market share, detailed medical equipment market segments, medical equipment market trends and opportunities, and any further data you may need to thrive in the medical equipment industry. This medical equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.