Foot Orthotics Insoles Market
Foot Orthotics Insoles Market Size, Share & Trends Analysis Report, By Product (Thermoplastics, Polyethylene Foams, Leather, Cork, Composite Carbon Fibers, Ethyl-Vinyl Acetates, Gel, and Others), By Application (Sports & Athletics, Medical, and Personal Comfort), By Distribution Channel (Drug Stores, Hospitals & Specialty Clinics, Online Stores, and Others), Forecast Period (2022-2028) Update Available - Forecast 2024-2030
Foot orthotics insoles market is expected to grow at a CAGR of 6.4% during the forecast period. Foot orthoses are specially designed shoe inserts that support the feet and correct any imbalances. Some of the foot and lower limb problems that can be successfully treated in the long term with orthoses include corns and calluses, foot ulceration, tendonitis, recurrent ankle sprain, plantar fasciitis, or heel spur syndrome, and recurrent stress fractures. The rising prevalence of chronic foot ailments across the globe is expected to surge the demand for foot orthotics insoles during the forecast period. According to the University of Michigan Health, diabetes is the leading cause of nontraumatic lower-extremity amputations in the US, and approximately 14 to 24% of patients with diabetes who develop a foot ulcer have an amputation.
Segmental Outlook
The global foot orthotics insoles market is segmented based on the product, application, and distribution channel. Based on the product, the market is segmented into thermoplastics, polyethylene foams, leather, cork, composite carbon fibers, ethyl-vinyl acetates (EVAs), and others. Based on the application, the market is segmented into sports & athletics, medical, and personal comfort. Based on the distribution channel, the market is segmented into drug stores, hospitals & specialty clinics, online stores, and others. Based on the distribution channel, hospitals & specialty clinics are expected to hold a prominent share in the market during the forecast period. Hospitals comprise various facilities such as 24/7 care, research laboratories, and emergency care owing to which there is a high demand for foot orthotics insoles in hospitals.
Among the product segment, ethyl-vinyl acetates are expected to hold a remarkable share in the market during the forecast period. Factors such as low price compared to others such as foam-based, easy availability in the market attribute to the growth of the ethyl-vinyl acetates segment. Further, the effect of custom foot orthotics manufactured from ethyl-vinyl acetate materials controls conditions during repeated sprints on running mechanical alterations.
Regional Outlook
The global foot orthotics insoles market is further segmented based on geography including North America (the US and Canada), Europe (UK, Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Asia-Pacific region is expected to hold a considerable share of the market during the forecast period. The improving healthcare infrastructure coupled with rising health awareness among the people is expected to accelerate the market growth. Moreover, the rising disposable income of consumers is further expected to boost market growth.
Global Foot Orthotics Insoles Market Growth, by Region 2022-2028
Europe Region is Expected to Hold a Prominent Share in the Market During the Forecast Period
Europe region is expected to hold a prominent share in the market during the forecast period. The rising prevalence of inherent foot problems is expected to surge the demand for the foot orthotics insoles market. According to Diabetes UK, poorly fitting shoes can lead to rubbing of the skin causing blisters and corns, and shoes that don’t leave enough room for all the toes may increase the chance of bunions or hammer toes occurring. Further, diabetes often means that there is a greater risk of a foot condition becoming serious. Thus, the rising number of patients with diabetes is creating demand for foot orthotics insoles in the region.
Market Players Outlook
The major companies serving the global foot orthotics insoles market include Acor Orthopedic, Amfit Inc., Bauerfeind AG, Blatchford Ltd., Hanger, Inc., Impulse Footcare LLC, and Scholl's Wellness Co. The market players are contributing to the market growth by the adoption of various strategies including mergers and acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in July 2021, HP Inc. announced the Arize Orthotic Solution, a new end-to-end digital orthotic solution for podiatrists and orthotics. Currently, 77% of Americans experience foot pain and the fast, easy-to-use digital solution upends traditional manufacturing methods and delivers quality custom orthoses and consistent results, every time. Using a blend of advanced 3D printing and cloud-based software, Arize enhances the development and delivery of custom-fit prescriptive orthoses and streamlines business operations to take foot health into the next generation. Podiatrists and orthotics can capture 3D renderings of a patient’s foot, fine-tune and prescribe personalized orthoses for their patients – all in less than five minutes.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global foot orthotics insoles market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Foot Orthotics Insoles Market by Product
4.1.1. Thermoplastics
4.1.2. Polyethylene Foams
4.1.3. Leather
4.1.4. Cork
4.1.5. Composite Carbon Fibers
4.1.6. Ethyl-Vinyl Acetates (EVAs)
4.1.7. Others (Gel)
4.2. Global Foot Orthotics Insoles Market by Application
4.2.1. Sports & Athletics
4.2.2. Medical
4.2.3. Personal Comfort
4.3. Global Foot Orthotics Insoles Market by Distribution Channel
4.3.1. Drug Stores
4.3.2. Hospitals & Specialty Clinics
4.3.3. Online Stores
4.3.4. Others (Retail Shops and Foot Stores)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Algeo Ltd.
6.2. Acor Orthopedic
6.3. Aetrex Worldwide Inc.
6.4. Amfit Inc.
6.5. Arden Orthotics Ltd.
6.6. Bauerfeind AG
6.7. Birkenstock Digital GmbH
6.8. Blatchford Ltd.
6.9. Bolton Bros
6.10. Cascade Dafo Inc.
6.11. Create O&P
6.12. Digital Orthotics Laboratories Australia Pty Ltd.
6.13. Foot Science International
6.14. Hanger, Inc.
6.15. Impulse Footcare LLC
6.16. Ottobock SE & Co. KGaA
6.17. Power Step (Stable Step, LLC)
6.18. Scholl's Wellness Co.
6.19. Superfeet Worldwide LLC
6.20. The Foot Lab
1. GLOBAL FOOT ORTHOTICS INSOLES MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
2. GLOBAL THERMOPLASTICS ORTHOTICS INSOLES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL POLYETHYLENE FOAMS ORTHOTICS INSOLES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL LEATHER ORTHOTICS INSOLES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL CORK ORTHOTICS INSOLES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL COMPOSITE CARBON FIBERS ORTHOTICS INSOLES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL ETHYL-VINYL ACETATES ORTHOTICS INSOLES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL OTHER FOOT ORTHOTICS INSOLES PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL FOOT ORTHOTICS INSOLES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
10. GLOBAL FOOT ORTHOTICS INSOLES FOR SPORTS AND ATHLETICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL FOOT ORTHOTICS INSOLES FOR MEDICAL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL FOOT ORTHOTICS INSOLES FOR PERSONAL COMFORT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL FOOT ORTHOTICS INSOLES MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
14. GLOBAL FOOT ORTHOTICS INSOLES FROM DRUG STORES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL FOOT ORTHOTICS INSOLES FROM HOSPITALS & SPECIALTY CLINICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL FOOT ORTHOTICS INSOLES FROM ONLINE STORES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL FOOT ORTHOTICS INSOLES FROM OTHER DISTRIBUTION CHANNELS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
18. GLOBAL FOOT ORTHOTICS INSOLES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
19. NORTH AMERICAN FOOT ORTHOTICS INSOLES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
20. NORTH AMERICAN FOOT ORTHOTICS INSOLES MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
21. NORTH AMERICAN FOOT ORTHOTICS INSOLES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
22. NORTH AMERICAN FOOT ORTHOTICS INSOLES MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
23. EUROPEAN FOOT ORTHOTICS INSOLES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
24. EUROPEAN FOOT ORTHOTICS INSOLES MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
25. EUROPEAN FOOT ORTHOTICS INSOLES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
26. EUROPEAN FOOT ORTHOTICS INSOLES MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
27. ASIA-PACIFIC FOOT ORTHOTICS INSOLES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
28. ASIA-PACIFIC FOOT ORTHOTICS INSOLES MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
29. ASIA-PACIFIC FOOT ORTHOTICS INSOLES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
30. ASIA-PACIFIC FOOT ORTHOTICS INSOLES MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
31. REST OF THE WORLD FOOT ORTHOTICS INSOLES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
32. REST OF THE WORLD FOOT ORTHOTICS INSOLES MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
33. REST OF THE WORLD FOOT ORTHOTICS INSOLES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
34. REST OF THE WORLD FOOT ORTHOTICS INSOLES MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
1. GLOBAL FOOT ORTHOTICS INSOLES MARKET SHARE BY PRODUCT, 2021 VS 2028 (%)
2. GLOBAL THERMOPLASTICS ORTHOTICS INSOLES MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL POLYETHYLENE FOAMS ORTHOTICS INSOLES MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL LEATHER ORTHOTICS INSOLES MARKET SHARE BY REGION, 2021 VS 2028 (%)
5. GLOBAL CORK ORTHOTICS INSOLES MARKET SHARE BY REGION, 2021 VS 2028 (%)
6. GLOBAL COMPOSITE CARBON FIBERS ORTHOTICS INSOLES MARKET SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL ETHYL-VINYL ACETATES FOOT ORTHOTICS INSOLES MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL OTHER FOOT ORTHOTICS INSOLES PRODUCTS MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL FOOT ORTHOTICS INSOLES MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
10. GLOBAL FOOT ORTHOTICS INSOLES FOR SPORTS & ATHLETICS MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. GLOBAL FOOT ORTHOTICS INSOLES FOR MEDICAL MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. GLOBAL FOOT ORTHOTICS INSOLES FOR PERSONAL COMFORT MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. GLOBAL FOOT ORTHOTICS INSOLES MARKET SHARE BY DISTRIBUTION CHANNEL, 2021 VS 2028 (%)
14. GLOBAL FOOT ORTHOTICS INSOLES FROM DRUG STORES MARKET SHARE BY REGION, 2021 VS 2028 (%)
15. GLOBAL FOOT ORTHOTICS INSOLES FROM HOSPITALS & SPECIALTY CLINICS MARKET SHARE BY REGION, 2021 VS 2028 (%)
16. GLOBAL FOOT ORTHOTICS INSOLES FROM ONLINE STORES MARKET SHARE BY REGION, 2021 VS 2028 (%)
17. GLOBAL FOOT ORTHOTICS INSOLES FROM OTHER DISTRIBUTION CHANNELS MARKET SHARE BY REGION, 2021 VS 2028 (%)
18. GLOBAL FOOT ORTHOTICS INSOLES MARKET SHARE BY REGION, 2021 VS 2028 (%)
19. US FOOT ORTHOTICS INSOLES MARKET SIZE, 2021-2028 ($ MILLION)
20. CANADA FOOT ORTHOTICS INSOLES MARKET SIZE, 2021-2028 ($ MILLION)
21. UK FOOT ORTHOTICS INSOLES MARKET SIZE, 2021-2028 ($ MILLION)
22. FRANCE FOOT ORTHOTICS INSOLES MARKET SIZE, 2021-2028 ($ MILLION)
23. GERMANY FOOT ORTHOTICS INSOLES MARKET SIZE, 2021-2028 ($ MILLION)
24. ITALY FOOT ORTHOTICS INSOLES MARKET SIZE, 2021-2028 ($ MILLION)
25. SPAIN FOOT ORTHOTICS INSOLES MARKET SIZE, 2021-2028 ($ MILLION)
26. REST OF EUROPE FOOT ORTHOTICS INSOLES MARKET SIZE, 2021-2028 ($ MILLION)
27. INDIA FOOT ORTHOTICS INSOLES MARKET SIZE, 2021-2028 ($ MILLION)
28. CHINA FOOT ORTHOTICS INSOLES MARKET SIZE, 2021-2028 ($ MILLION)
29. JAPAN FOOT ORTHOTICS INSOLES MARKET SIZE, 2021-2028 ($ MILLION)
30. SOUTH KOREA FOOT ORTHOTICS INSOLES MARKET SIZE, 2021-2028 ($ MILLION)
31. REST OF ASIA-PACIFIC FOOT ORTHOTICS INSOLES MARKET SIZE, 2021-2028 ($ MILLION)
32. REST OF THE WORLD FOOT ORTHOTICS INSOLES MARKET SIZE, 2021-2028 ($ MILLION)
