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.
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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.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Foot Orthotics Insoles Market by Product
- Thermoplastics
- Polyethylene Foams
- Leather
- Cork
- Composite Carbon Fibers
- Ethyl-Vinyl Acetates (EVAs)
- Others (Gel)
Global Foot Orthotics Insoles Market by Application
- Sports & Athletics
- Medical
- Personal Comfort
Global Foot Orthotics Insoles Market by Distribution Channel
- Drug Stores
- Hospitals & Specialty Clinics
- Online Stores
- Others (Retail Shops and Foot Stores)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Algeo Ltd.
- Acor Orthopedic
- Aetrex Worldwide Inc.
- Amfit Inc.
- Arden Orthotics Ltd.
- Bauerfeind AG
- Birkenstock Digital GmbH
- Blatchford Ltd.
- Bolton Bros
- Cascade Dafo Inc.
- Create O&P
- Digital Orthotics Laboratories Australia Pty Ltd.
- Foot Science International
- Hanger, Inc.
- Impulse Footcare LLC
- Ottobock SE & Co. KGaA
- Power Step (Stable Step, LLC)
- Scholl’s Wellness Co.
- Superfeet Worldwide LLC
- The Foot Lab
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.
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