Foot Orthotics Insoles Industry Market Growth, Trends, Size, Share, Players, Product Scope, Regional Demand, COVID-19 Impacts and 2027 Forecast

Research Reports

Jan 13, 2021

The objective of the study is to define market sizes of different segments and countries in previous years and to forecast the values to the next Five years. The report is designed to incorporate both qualify qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers and restraining factors which will define the future growth of the Foot Orthotics Insoles market.

Shoe insoles can correct a variety of biomechanical foot problems (including pronation and supination) while helping stabilize and cushion vulnerable arches and midsoles. They are especially useful for athletes who are prone to overuse injury, have stability issues, or are experiencing foot, knee, hip, or lower back pain while on their feet.Foot orthotic insoles are intended to support or correct the abnormal or irregular walking pattern. They change the angle at which the foot strikes while walking and therefore assist the limb or the torso to restore the alignment and positioning of the foot. These insoles amend the postural stability by enhancing the afferent somatosensory information available to the central nervous system and provide arch support and pain relief for a myriad of foot conditions including flat feet.The USA average price of Foot Orthotics Insoles is in the decreasing trend, from 10.7 USD/Unit in 2013 to 9.8 USD/Unit in 2017. With the situation of global economy, prices will be in decreasing trend in the following five years.The classification includes the Leather, Polypropylene, Others. Polypropylene was leading segment and it accounted for over 42.24% market share of total revenue generated in 2017. Polypropylene offers properties such as semi-rigidity, flexibility and durability over other materials. Thus, polypropylene is widely used to manufacture foot orthotics insoles. Leather is another key outlet of the foot orthotics market and it held 19.7% share of total market in 2017.Some of the key applications in the foot orthotics insole market include sports, medical and others. Medical segment accounted for over 69.3% share of total sales generated in 2017. This growth is mainly due to increasing prevalence of diabetes coupled with rising awareness regarding foot complications. Sports segment is another leading segment of foot orthotic insole market and it accounted for over 25% share of total market in 2017. This growth is mainly attributed to growing demand for orthotic insoles in skating shoes, basketball shoes, and others.The demand for the Foot Orthotic Insoles has seen a dramatic increase over the past few years due to the increasing prevalence of diseases such as diabetes, obesity, arthritis. According to the American Academy of Orthoptists and Prosthetic’s, out of 20.8 Million children and adults in the U.S., around 7% have diabetes. Diabetes is the leading cause of lower limb amputations, with over 50% of non-traumatic amputations due to diabetic complications. With growing incidence of diabetes, demand for foot orthotics insoles is expected to grow significantly. Similarly, obesity will be a key driving factor for orthotic industry, as rising incidence of obesity will lead to growth in orthopedic ailments and hence, the need for orthopedic support devices and solutions.

Foot Orthotics Insoles provide cushioning and minor support in your shoes. Because the material is soft and deforms easily, they need to be changed every three to six months on average. They may function as shoe deodorizers, provide arch support, or offer targeted relief to the heel, midsole, or ball of the foot (metatarsus).

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Leading Company for Driving Market Growth
The global Foot Orthotics Insoles market growth is also reliant on the development of active players in the industry, which are:
OttoBock
Superfeet
Comfortfit Labs
Dr. Scholl’s (Bayer)
Powerstep
Euroleathers
Bauerfeind
Wintersteiger (BootDocs)
Aetrex Worldwide
Footbalance Systems
Sidas
Implus

On the basis of application, the Foot Orthotics Insoles market is segmented into:
Sports
Medical
Other

By type
Leather
Polypropylene
Others

Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Foot Orthotics Insoles Market

2 Market Trends and Competitive Landscape
3 Segmentation of Foot Orthotics Insoles Market by Types
4 Segmentation of Foot Orthotics Insoles Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Foot Orthotics Insoles Market in Major Countries
7 North America Foot Orthotics Insoles Landscape Analysis
8 Europe Foot Orthotics Insoles Landscape Analysis
9 Asia Pacific Foot Orthotics Insoles Landscape Analysis
10 Latin America, Middle East & Africa Foot Orthotics Insoles Landscape Analysis 
11 Major Players Profile

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Regions Covered in the Report:
-North America (United States, Canada, and Mexico)
-Europe (Germany, UK, France, Italy, Denmark, Finland, Iceland, Norway and Sweden, Spain, Belgium, Poland, Russia, Turkey, and Others)
-Asia-Pacific (China, Japan, India, South Korea, Australia, New Zealand, Indonesia, Thailand, Malaysia, Singapore, Philippines, Vietnam, and Others)
-Latin America (Brazil, Argentina, Peru, Chile, and Others)
-Middle East & Africa (GCC Countries, Southern Africa, and North Africa)

Target Audience for this Report
• Foot Orthotics Insoles manufacturers
• Foot Orthotics Insoles traders, distributors, and suppliers
• Foot Orthotics Insoles industry associations
• Product managers, Foot Orthotics Insoles industry administrator, C-level executives of the industries
• Market Research and consulting firms
• Research & Clinical Laboratories

Foot Orthotics Insoles Report Provide:
Potential opportunities and challenges analysis in Foot Orthotics Insoles market.
Current and future market outlook in the developed and emerging regional markets.
Detailed analysis of the segment that is expected to dominate the market.
Regions that are expected to witness the fastest growth during the forecast period.
Identify the latest developments, market shares, and strategies employed by the major market players.
Comprehensive & in-depth research and after-sales warranty by Global Market Monitor.
Analysis of Influences of COVID-19 to the present and future Foot Orthotics Insoles market and related industry.

About Global Market Monitor
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We always maintain the win-win spirit, reliable quality and the vision of keeping pace with The Times, to help enterprises achieve revenue growth, cost reduction, and efficiency improvement, and significantly avoid operational risks, to achieve lean growth. Global Market Monitor has provided professional market research, investment consulting, and competitive intelligence services to thousands of organizations, including start-ups, government agencies, banks, research institutes, industry associations, consulting firms, and investment firms.

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