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Foot Orthotic Insoles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
Report Format: PDF+Excel | Report ID: SR112023A3468
Market Overview:
The global foot orthotic insoles market is expected to exhibit a CAGR of 6.1% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
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.
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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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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.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global foot orthotic insoles market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on material type, product, application and distribution channel.
Breakup by Material Type:
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- 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:
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- 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.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2021 |
| Historical Period | 2016-2021 |
| Forecast Period | 2022-2027 |
| Units | US$ Billion |
| Segment Coverage | Product, Material Type, Distribution Channel, Application, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | 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. |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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?
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