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.
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.
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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.
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