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Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Medical Footwear Market: By Type, By Application, By End User, By Distribution Channel and Geography
Medical Footwear Market: By Type, By Application, By End User, By Distribution Channel and Geography
Medical Footwear Market size was valued at US$ 11,474.6 million in 2023 and is poised to grow at a CAGR of 5.3 % from 2024 to 2030. Medical Footwear can be reflected as a therapeutic shoe that aids in managing several foot-related issues, such as bunions & hallux valgus, plantar fasciitis, arthritis, and Achilles tendonitis, and roundabout medical shoes are fabricated considering the patients with diabetes and flat feet. Moreover, the factors driving the medical footwear market are a rise in the number of foot deformities and injuries such as plantar fasciitis, bunions, arthritis, foot and ankle injuries, corns, and flat feet. Moreover, technological advancements in medical footwear are also subsidizing the evolution of the market. For instance, as per the American Podiatric Medical Association (APMA) 2021, 76% of Americans will, at some point in their lives, come across foot health issues of diverse degrees of severity. An annual average of 1.4-foot issues affects about 21% of United States citizens. Moreover, it also stated that every year, about 6% of the United States population has foot infections like athlete's foot, other fungiform contaminations, and warts. The extended conditions are left untreated, and the worse the pain and discomfort develop for the people. This footwear offers cushioning to the whole foot, providing the wearer with the support to move easily.
Therefore, the growing burden of foot health problems bolsters the growth of the medical footwear market during the study period. the collaboration between the hospitals and the market players is anticipated to drive the market in the forecast period. However, the challenges associated with medical footwear are the high cost associated with the fabrication of the medical footwear, limited style options, availability, maintains issues remains substantial barriers that hamper the growth of the medical footwear market in the forecast period. However, the key opportunities associated with the increasing awareness and demand, technology advancements in medical footwear, e-commerce and direct-to-customer sales, and geographical expansion by the market players create lucrative opportunities for the medical footwear market in the forecast period.
Study Period
2024 - 2030Base Year
2023CAGR
5.3%Largest Market
North AmericaFastest Growing Market
Asia Pacific
The increasing demand for medical footwear in developed and emerging countries is a key factor upsurge in the Medical Footwear market over the forecast years. Moreover, the rising demand for medical shoes and boots is also anticipated to drive the market in future years. For instance, according to the Central Massachusetts Podiatry 2022 report, there was a notable upwelling in patients looking for treatment for heel pain. When related to data from the pre-pandemic year, the average annual rise in patients seeking foot and toe pain treatment through the pandemic restraints was nearly 35%, topping at a remarkable 62% increase in 2021. Accordingly, this upsurge in cases of heel pain has led to a drive in the demand for medical footwear throughout the pandemic period. This augmented demand is anticipated to exert a significant impact on the medical footwear market's growth trajectory.
Based on regions, the Medical Footwear market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The Medical Footwear market in North America holds a major revenue share in 2023, and, in the following years, it is anticipated to upsurge rapidly. Moreover, this is attributable to the fact that the region is experiencing rapid urbanization, subsidizing the exponential growth of the market. Additionally, rising tactical activity by key market players, like emerging novel technologies for better footwear management, is predicted to drive market growth. For instance, in July 2022, Sensoria partnered with Defender, based in Miami, to introduce the innovative Foot Defender boot. This generalized footwear includes Sensoria's remote patient observing sensors, accurately crafted to alleviate pressure on diabetic foot ulcers by an imposing margin of approximately 55%, which in turn is anticipated to drive the medical footwear market in the upcoming years.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024 - 2030 |
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Market Size in 2023 |
US$ 11,474.6 million |
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Market CAGR |
5.3% |
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By Type |
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By Application |
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By End User |
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By Distribution Channel |
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Medical Footwear market was valued at US$ 11,474.6 million in 2023 and is expected to grow at a CAGR of 5.3 % from 2024 to 2030.
North America is dominating the Medical Footwear market.
DARCO International, Inc., Dr. Comfort, Gravity Defyer Corp, Drew Shoe, Horng Shin Footwear Co., Aetrex Worldwide, Inc., Dr. Foot Inc., OrthoFeet, Podartis srl, Implus LLC, Dr. Zen, Inc., Duna srl, Mephisto, New Balance, Inc.
The key factors that are driving the Medical Footwear market include a rising number of foot-related issues like plantar fasciitis, bunions, arthritis, foot and ankle injuries, corns, and flat feet owing to poorly fitting shoes and high demand for therapeutic footwear among diabetic consumers.
Historic years considered for the market study are 2019 through 2023, 2023 is considered as the base year for market estimation and ten years forecast presented from 2024– 2030.
| 1. Executive Summary |
| 2. Global Medical Footwear Market Introduction |
| 2.1. Global Medical Footwear Market Taxonomy |
| 2.2. Global Medical Footwear Market Definitions |
| 2.2.1. By Type |
| 2.2.2. By Application |
| 2.2.3. By End User |
| 2.2.4. By Distribution Channel |
| 2.2.5. By Region |
| 3. Global Medical Footwear Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Medical Footwear Market Dynamics Factors Impact Analysis |
| 4. Global Medical Footwear Market Forecast, By Type, 2019 - 2023 and Forecast, 2024 - 2030 |
| 4.1. Shoes & Boots |
| 4.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 4.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 4.1.3. Market Opportunity Analysis |
| 4.2. Sandals |
| 4.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 4.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 4.2.3. Market Opportunity Analysis |
| 4.3. Others (Slippers, Flip-flops, Insoles, etc.) |
| 4.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 4.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 4.3.3. Market Opportunity Analysis |
| 5. Global Medical Footwear Market Forecast, By Application, 2019 - 2023 and Forecast, 2024 - 2030 |
| 5.1. Diabetic Shoes |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Arthritis Shoes |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Bunions & Hallux Valgus Shoes |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Flat Feet Shoes |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Others (Plantar Fasciitis Shoes, Achilles Tendonitis Shoes, etc.) |
| 5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 6. Global Medical Footwear Market Forecast, By End User, 2019 - 2023 and Forecast, 2024 - 2030 |
| 6.1. Men |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Women |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Kids |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7. Global Medical Footwear Market Forecast, By Distribution Channel, 2019 - 2023 and Forecast, 2024 - 2030 |
| 7.1. Online |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Offline |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 8. Global Medical Footwear Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Latin America |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Middle East & Africa |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 8.6. Global Medical Footwear Market - Opportunity Analysis Index, By Type, By Application, By End User, By Distribution Channel, and Region, 2024 - 2030 |
| 9. North America Medical Footwear Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
| 9.1. Type Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Shoes & Boots |
| 9.1.2. Sandals |
| 9.1.3. Others (Slippers, Flip-flops, Insoles, etc.) |
| 9.2. Application Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1. Diabetic Shoes |
| 9.2.2. Arthritis Shoes |
| 9.2.3. Bunions & Hallux Valgus Shoes |
| 9.2.4. Flat Feet Shoes |
| 9.2.5. Others (Plantar Fasciitis Shoes, Achilles Tendonitis Shoes, etc.) |
| 9.3. End User Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1. Men |
| 9.3.2. Women |
| 9.3.3. Kids |
| 9.4. Distribution Channel Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1. Online |
| 9.4.2. Offline |
| 9.5. Country Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.5.1. U.S. |
| 9.5.2. Canada |
| 9.6. North America Medical Footwear Market - Opportunity Analysis Index, By Type, By Application, By End User, By Distribution Channel, and Country, 2024 - 2030 |
| 9.7. North America Medical Footwear Market Dynamics Trends |
| 10. Europe Medical Footwear Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
| 10.1. Type Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Shoes & Boots |
| 10.1.2. Sandals |
| 10.1.3. Others (Slippers, Flip-flops, Insoles, etc.) |
| 10.2. Application Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1. Diabetic Shoes |
| 10.2.2. Arthritis Shoes |
| 10.2.3. Bunions & Hallux Valgus Shoes |
| 10.2.4. Flat Feet Shoes |
| 10.2.5. Others (Plantar Fasciitis Shoes, Achilles Tendonitis Shoes, etc.) |
| 10.3. End User Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1. Men |
| 10.3.2. Women |
| 10.3.3. Kids |
| 10.4. Distribution Channel Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1. Online |
| 10.4.2. Offline |
| 10.5. Country Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.5.1. U.K. |
| 10.5.2. Germany |
| 10.5.3. France |
| 10.5.4. Italy |
| 10.5.5. Spain |
| 10.5.6. Russia |
| 10.5.7. Rest of Europe |
| 10.6. Europe Medical Footwear Market - Opportunity Analysis Index, By Type, By Application, By End User, By Distribution Channel, and Country, 2024 - 2030 |
| 10.7. Europe Medical Footwear Market Dynamics Trends |
| 11. Asia Pacific Medical Footwear Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
| 11.1. Type Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Shoes & Boots |
| 11.1.2. Sandals |
| 11.1.3. Others (Slippers, Flip-flops, Insoles, etc.) |
| 11.2. Application Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1. Diabetic Shoes |
| 11.2.2. Arthritis Shoes |
| 11.2.3. Bunions & Hallux Valgus Shoes |
| 11.2.4. Flat Feet Shoes |
| 11.2.5. Others (Plantar Fasciitis Shoes, Achilles Tendonitis Shoes, etc.) |
| 11.3. End User Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1. Men |
| 11.3.2. Women |
| 11.3.3. Kids |
| 11.4. Distribution Channel Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1. Online |
| 11.4.2. Offline |
| 11.5. Country Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.5.1. China |
| 11.5.2. Japan |
| 11.5.3. India |
| 11.5.4. ASEAN Counties |
| 11.5.5. Philippines |
| 11.5.6. Rest of Asia Pacific |
| 11.6. Asia Pacific Medical Footwear Market - Opportunity Analysis Index, By Type, By Application, By End User, By Distribution Channel, and Country, 2024 - 2030 |
| 11.7. Asia Pacific Medical Footwear Market Dynamics Trends |
| 12. Latin America Medical Footwear Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
| 12.1. Type Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Shoes & Boots |
| 12.1.2. Sandals |
| 12.1.3. Others (Slippers, Flip-flops, Insoles, etc.) |
| 12.2. Application Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1. Diabetic Shoes |
| 12.2.2. Arthritis Shoes |
| 12.2.3. Bunions & Hallux Valgus Shoes |
| 12.2.4. Flat Feet Shoes |
| 12.2.5. Others (Plantar Fasciitis Shoes, Achilles Tendonitis Shoes, etc.) |
| 12.3. End User Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1. Men |
| 12.3.2. Women |
| 12.3.3. Kids |
| 12.4. Distribution Channel Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1. Online |
| 12.4.2. Offline |
| 12.5. Country Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.5.1. Mexico |
| 12.5.2. Brazil |
| 12.5.3. Argentina |
| 12.5.4. Rest of Latin America |
| 12.6. Latin America Medical Footwear Market - Opportunity Analysis Index, By Type, By Application, By End User, By Distribution Channel, and Country, 2024 - 2030 |
| 12.7. Latin America Medical Footwear Market Dynamics Trends |
| 13. Middle East and Africa Medical Footwear Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
| 13.1. Type Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1. Shoes & Boots |
| 13.1.2. Sandals |
| 13.1.3. Others (Slippers, Flip-flops, Insoles, etc.) |
| 13.2. Application Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1. Diabetic Shoes |
| 13.2.2. Arthritis Shoes |
| 13.2.3. Bunions & Hallux Valgus Shoes |
| 13.2.4. Flat Feet Shoes |
| 13.2.5. Others (Plantar Fasciitis Shoes, Achilles Tendonitis Shoes, etc.) |
| 13.3. End User Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1. Men |
| 13.3.2. Women |
| 13.3.3. Kids |
| 13.4. Distribution Channel Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1. Online |
| 13.4.2. Offline |
| 13.5. Country Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 13.5.1. GCC Countries |
| 13.5.2. South Africa |
| 13.5.3. Saudi Arabia |
| 13.5.4. Turkey |
| 13.5.5. Rest of MEA |
| 13.6. Middle East and Africa Medical Footwear Market - Opportunity Analysis Index, By Type, By Application, By End User, By Distribution Channel, and Country, 2024 - 2030 |
| 13.7. Middle East and Africa Medical Footwear Market Dynamics Trends |
| 14. Competition Landscape |
| 14.1. Strategic Dashboard of Top Market Players |
| 14.2. Company Profiles (Introduction, Financial Analysis, Key Developments, Strategies, and SWOT Analysis) |
| 14.2.1. DARCO International, Inc. |
| 14.2.2. Dr. Comfort |
| 14.2.3. Gravity Defyer Corp |
| 14.2.4. Drew Shoe |
| 14.2.5. Horng Shin Footwear Co. |
| 14.2.6. Aetrex Worldwide, Inc. |
| 14.2.7. Dr. Foot Inc. |
| 14.2.8. OrthoFeet |
| 14.2.9. Podartis srl |
| 14.2.10. Implus LLC |
| 14.2.11. Dr. Zen, Inc. |
| 14.2.12. Duna srl |
| 14.2.13. Mephisto |
| 14.2.14. New Balance, Inc. |
| 15. Research Methodology |
| 16. Key Assumptions and Acronyms |
Key Market Players
Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthcare domain, encompassing pharmaceuticals, medical devices, and diagnostics. A graduate in Pharmacy, he possesses a strong foundation in the intricacies of the healthcare sector. He further enhanced his expertise by pursuing an MBA in Pharmaceuticals, equipping him with valuable business acumen. His analytical skills and market insights have contributed to strategic decision-making and enhanced market positioning for various healthcare organizations. Committed to driving innovation and excellence, Muni continues to seek opportunities to improve healthcare delivery through data-driven insights.