Foot Orthotic Insoles Market Share, Size, Growth, Opportunity and Forecast 2021-2026

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Foot Orthotic Insoles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global foot orthotic insoles market grew at a CAGR of around 4% during 2015-2020. Foot orthotic insoles are shoe inserts that keep up the arch, improve mobility, enhance comfort, and relieve foot pain. They have a soft foam that helps alleviate pressure points, ease the pain for flat feet, and improve lower limb motions and alignment. As a result, they are widely used to treat plantar fasciitis, metatarsalgia, shin pain, overpronation, collapsed arches, bunions, and Achilles tendonitis. Presently, they are available in a variety of styles, types, shapes, and thicknesses, which vary depending on desired therapeutic effects.

A considerable rise in the number of individuals who suffer from obesity, osteoarthritis, and diabetic foot problems represents one of the main factors bolstering the foot orthotic insoles market growth. As the risk of developing foot pain increases with age, the rising geriatric population is also influencing the market positively. Moreover, the growing participation of individuals in professional sports and recreational activities has led to an increase in the incidents of foot injuries. This, in confluence with the rising awareness among parents about abnormal foot development in children, is escalating the demand for foot orthotic insoles around the world. Furthermore, the introduction of customized insoles made using soft and flexible materials, such as rubber, plastic foams, and cork, is driving the market. These insoles can also be fabricated with relatively rigid, eco-friendly materials for a precise fit and individual comfort. Additionally, several manufacturers are adopting three-dimensional (3D) printing technology to provide innovative and personalized products. Looking forward, IMARC Group expects the global foot orthotic insoles market to exhibit moderate growth during the next five years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global foot orthotic insoles market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, material type, product, application and distribution channel.

Breakup by Material Type:

Thermoplastics
Polyethylene Foams
Leather
Cork
Composite Carbon Fibers
Others

Breakup by Product:

Prefabricated
Customized

Breakup by Application:

Sports and Athletics
Medical
Others

Breakup by Distribution Channel:

Drug Stores
Hospitals and Specialty Clinics
Online Stores
Others

Breakup by Region:

North America
- United States
- Canada
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Aetrex Worldwide Inc., Amfit Inc., Bauerfeind AG, Blatchford Limited, Cascade Dafo Inc., Comfortfit Orthotic Labs Inc., Hanger Inc., OTTOBOCK SE & CO. KGAA, Solo Laboratories Inc., Spenco Medical Corporation (Implus LLC) and Superfeet Worldwide Inc.

Key Questions Answered in This Report:

How has the global foot orthotic insoles market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global foot orthotic insoles market?
What are the key regional markets?
What is the breakup of the market based on the material type?
What is the breakup of the market based on the product?
What is the breakup of the market based on the application?
What is the breakup of the market based on the distribution channel?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global foot orthotic insoles market and who are the key players?
What is the degree of competition in the industry?