Foot Orthotic Insoles Market 2022: Industry Drivers, Opportunity, Growth and Forecast by 2027

According to IMARC Group latest report titled “Foot Orthotic Insoles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on foot orthotic insoles market size. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global foot orthotic insoles market is expected to exhibit a CAGR of 6.1% during 2022-2027.

Foot orthotic insoles refer to shoe inserts that keep up the arch, enhance comfort, improve mobility and relieve foot pain. They have a soft foam that helps in alleviating pressure points, easing the pain for flat feet, and improving lower limb motions and alignment. Owing to these factors, foot orthotic insoles are extensively used to treat plantar fasciitis, overpronation, metatarsalgia, shin pain, bunions, collapsed arches, Achilles tendonitis, etc. At present, they are available in various styles, shapes, types and thicknesses, which vary depending on desired therapeutic effects.

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Market Trends:

Rapid growth in the number of individuals who suffer from obesity, osteoarthritis, and diabetes-related foot problems is primarily bolstering the demand for foot orthotic insoles. Moreover, the rising geriatric population who are more prone to such ailments are also augmenting the market growth.  Additionally, the increasing participation of individuals in sports and recreational activities has led to a rise in the incidents of foot injuries. This, along with the growing awareness among parents towards abnormal foot development in children, is also propelling the demand for foot orthotic insoles worldwide. Furthermore, several manufacturers are adopting 3D printing technology to provide innovative and personalized products to customers. Besides this, the introduction of eco-friendly insoles is expected to further drive the market growth over the coming years.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

• 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)
• Superfeet Worldwide Inc

Foot Orthotic Insoles Market Segmentation:

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)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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