Foot Orthotic Insoles Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	172 Pages	Fortune Business Insights Pvt. Ltd.	October, 2024	FOB19260641

Best Price Guarantee
Price	from $4,850
Length	172 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	October, 2024
SKU	FOB19260641

Foot Orthotic Insoles Market

Growth Factors of Foot Orthotic Insoles Market

The global foot orthotic insoles market size was valued at USD 3.96 billion in 2023 and is projected to grow from USD 4.22 billion in 2024 to USD 7.16 billion by 2032, exhibiting a CAGR of 6.8% during the forecast period of 2024-2032.

The COVID-19 pandemic negatively affected the Foot Orthotic Insoles Market by disrupting production, supply chains, and retail operations due to reduced sales as customers were not on time for non-essential purchases. However, the heightened cognizance of health and well-being throughout this era gradually boosted recognition of foot care, impeding the foot orthotic insoles market growth.

Key drivers for the Foot Orthotic Insoles Market include the growing prevalence of foot issues, an older population, multiplied calls from the sports activities area, and technological improvements like 3D printing for customized answers.

3-D printing has revolutionized the foot orthotic market by enabling the production of exceptionally customized orthotics based totally on individual foot scans. This era allows unique and personalized solutions catering to particular foot structures and biomechanics, expanding the global foot orthotic insoles market share. Additionally, 3-D printing significantly reduces the turnaround time for orthotic production, enhancing affected persons' right of entry and convenience. This development has made custom orthotics extra accessible and less costly for people searching for customized foot care.

Comprehensive Analysis of Foot Orthotic Insoles Market

The Foot Orthotic Insoles Market is segmented using type, material, utility, age institution, and distribution channel. Customized insoles lead because of their consolation and superior technology, like 3D scanning, while prefabricated insoles grow slower. Ethyl-vinyl acetate (EVA) dominates by way of cloth, being inexpensive and flexible, accompanied by thermoplastics, which lessen plantar pressure. The medical phase drives utility, as orthotic insoles are broadly prescribed for ache remedy, while sports & athletics show a sturdy boom. Adults dominate the age institution due to the prevalence of continual situations, and medical institution pharmacies lead distribution, supported through favorable reimbursements.

The North America region led the foot orthotic insoles market by benefitting a size of USD 1.69 billion in 2023 due to the fast adoption of 3D printers for generating customized orthotic insoles, North America presently dominates the worldwide market.

The leading players in the Foot Orthotic Insoles market significantly shape its growth trajectory and set industry standards. These key players, including Implus Footcare LLC (U.S.), Hanger Inc. (U.S.), Aetrex Worldwide, Inc. (U.S.), Footbalance System Ltd. (Finland), Tynor (India), Digital Orthotics Laboratories Australia Pty Ltd. (Australia), Thuasne (France), Foot Science International (New Zealand), OttoBock (Germany), and Superfeet Worldwide, Inc. (U.S.), contribute to a competitive landscape, driving innovation and advancing the market through product development and cutting-edge technologies.

In October 2022, Hanger, Inc. Announced on 21 July 2022, that it had finalized its formerly disclosed acquisition using Patient Square Capital, a healthcare-focused funding organization.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 6.8% from 2024-2032

Unit Value (USD Billion)

Segmentation By Type

Prefabricated

Customized

By Material

Thermoplastics

Ethyl-vinyl Acetate (EVA)

Foam

Composite Carbon Fiber

Others

By Application

Medical

Sports & Athletics

Personal

By Age Group

Adults

Pediatrics

By Distribution Channel

Hospital Pharmacies

Retail Stores

Online Stores

By Region

North America (By Type, By Material, By Application, By Age Group, By Distribution Channel, By Country)

U.S. (By Type)

Canada (By Type)

Europe (By Type, By Material, By Application, By Age Group, By Distribution Channel, By Country/Sub-Region)

U.K. (By Type)

Germany (By Type)

France (By Type)

Italy (By Type)

Spain (By Type)

Rest of Europe

Asia Pacific (By Type, By Material, By Application, By Age Group, By Distribution Channel, By Country/Sub-Region)

Japan (By Type)

China (By Type)

India (By Type)

Australia (By Type)

Rest of Asia Pacific (By Type)

Rest of the World ( By Type, By Material, By Application, By Age Group, By Distribution Channel)

1. Introduction: 1.1. Research Scope; 1.2. Market Segmentation; 1.3. Research Methodology; 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics: 3.1. Market Drivers; 3.2. Market Restraints; 3.3. Market Opportunities; 3.4. Market Trends
4. Key Insights: 4.1. Technological Advancements in Foot Orthotic Insoles; 4.2. Key Startups With Funding Overview; 4.3. Pricing Analysis, Key Market Players; 4.4. Key Industry Developments (Mergers, Acquisitions, Collaborations, etc.); 4.5. Impact of COVID-19 on the Market
5. Global Foot Orthotic Insoles Market Analysis, Insights and Forecast, 2019-2032: 5.1. Market Analysis, Insights and Forecast – By Type; 5.1.1. Prefabricated; 5.1.2. Customized; 5.2. Market Analysis, Insights and Forecast – By Material; 5.2.1. Thermoplastics; 5.2.2. Ethyl-vinyl Acetate (EVA); 5.2.3. Foam; 5.2.4. Composite Carbon Fiber; 5.2.5. Others; 5.3. Market Analysis, Insights and Forecast – By Application; 5.3.1. Medical; 5.3.2. Sports & Athletics; 5.3.3. Personal; 5.4. Market Analysis, Insights and Forecast – By Age Group; 5.4.1. Adults; 5.4.2. Pediatrics; 5.5. Market Analysis, Insights and Forecast – By Distribution Channel; 5.5.1. Hospital Pharmacies; 5.5.2. Retail Stores; 5.5.3. Online Stores; 5.6. Market Analysis, Insights and Forecast – By Region; 5.6.1. North America; 5.6.2. Europe; 5.6.3. Asia Pacific; 5.6.4. Rest of the World
6. North America Foot Orthotic Insoles Market Analysis, Insights and Forecast, 2019-2032: 6.1. Market Analysis, Insights and Forecast – By Type; 6.1.1. Prefabricated; 6.1.2. Customized; 6.2. Market Analysis, Insights and Forecast – By Material; 6.2.1. Thermoplastics; 6.2.2. Ethyl-vinyl Acetate (EVA); 6.2.3. Foam; 6.2.4. Composite Carbon Fiber; 6.2.5. Others; 6.3. Market Analysis, Insights and Forecast – By Application; 6.3.1. Medical; 6.3.2. Sports & Athletics; 6.3.3. Personal; 6.4. Market Analysis, Insights and Forecast – By Age Group; 6.4.1. Adults; 6.4.2. Pediatrics; 6.5. Market Analysis, Insights and Forecast – By Distribution Channel; 6.5.1. Hospital Pharmacies; 6.5.2. Retail Stores; 6.5.3. Online Stores; 6.6. Market Analysis, Insights and Forecast – By Country; 6.6.1. U.S.; 6.6.1.1. By Type; 6.6.2. Canada; 6.6.2.1. By Type
7. Europe Foot Orthotic Insoles Market Analysis, Insights and Forecast, 2019-2032: 7.1. Market Analysis, Insights and Forecast – By Type; 7.1.1. Prefabricated; 7.1.2. Customized; 7.2. Market Analysis, Insights and Forecast – By Material; 7.2.1. Thermoplastics; 7.2.2. Ethyl-vinyl Acetate (EVA); 7.2.3. Foam; 7.2.4. Composite Carbon Fiber; 7.2.5. Others; 7.3. Market Analysis, Insights and Forecast – By Application; 7.3.1. Medical; 7.3.2. Sports & Athletics; 7.3.3. Personal; 7.4. Market Analysis, Insights and Forecast – By Age Group; 7.4.1. Adults; 7.4.2. Pediatrics; 7.5. Market Analysis, Insights and Forecast – By Distribution Channel; 7.5.1. Hospital Pharmacies; 7.5.2. Retail Stores; 7.5.3. Online Stores; 7.6. Market Analysis, Insights and Forecast – By Country/Sub-region; 7.6.1. Germany; 7.6.1.1. By Type; 7.6.2. U.K.; 7.6.2.1. By Type; 7.6.3. France; 7.6.3.1. By Type; 7.6.4. Italy; 7.6.4.1. By Type; 7.6.5. Spain; 7.6.5.1. By Type; 7.6.6. Rest of Europe; 7.6.6.1. By Type
8. Asia Pacific Foot Orthotic Insoles Market Analysis, Insights and Forecast, 2019-2032: 8.1. Market Analysis, Insights and Forecast – By Type; 8.1.1. Prefabricated; 8.1.2. Customized; 8.2. Market Analysis, Insights and Forecast – By Material; 8.2.1. Thermoplastics; 8.2.2. Ethyl-vinyl Acetate (EVA); 8.2.3. Foam; 8.2.4. Composite Carbon Fiber; 8.2.5. Others; 8.3. Market Analysis, Insights and Forecast – By Application; 8.3.1. Medical; 8.3.2. Sports & Athletics; 8.3.3. Personal; 8.4. Market Analysis, Insights and Forecast – By Age Group; 8.4.1. Adults; 8.4.2. Pediatrics; 8.5. Market Analysis, Insights and Forecast – By Distribution Channel; 8.5.1. Hospital Pharmacies; 8.5.2. Retail Stores; 8.5.3. Online Stores; 8.6. Market Analysis, Insights and Forecast – By Country/Sub-region; 8.6.1. China; 8.6.1.1. By Type; 8.6.2. India; 8.6.2.1. By Type; 8.6.3. Japan; 8.6.3.1. By Type; 8.6.4. Australia; 8.6.4.1. By Type; 8.6.5. Rest of Asia Pacific; 8.6.5.1. By Type
9. Rest of the World Foot Orthotic Insoles Market Analysis, Insights and Forecast, 2019-2032: 9.1. Market Analysis, Insights and Forecast – By Type; 9.1.1. Prefabricated; 9.1.2. Customized; 9.2. Market Analysis, Insights and Forecast – By Material; 9.2.1. Thermoplastics; 9.2.2. Ethyl-vinyl Acetate (EVA); 9.2.3. Foam; 9.2.4. Composite Carbon Fiber; 9.2.5. Others; 9.3. Market Analysis, Insights and Forecast – By Application; 9.3.1. Medical; 9.3.2. Sports & Athletics; 9.3.3. Personal; 9.4. Market Analysis, Insights and Forecast – By Age Group; 9.4.1. Adults; 9.4.2. Pediatrics; 9.5. Market Analysis, Insights and Forecast – By Distribution Channel; 9.5.1. Hospital Pharmacies; 9.5.2. Retail Stores; 9.5.3. Online Stores
10. Competitive Analysis: 10.1. Global Market Share Analysis (2023); 10.2. Company Profiles; 10.2.1. Implus Footcare LLC; 10.2.1.1. Overview; 10.2.1.2. Product; 10.2.1.3. SWOT Analysis; 10.2.1.4. Recent Developments; 10.2.1.5. Strategies; 10.2.1.6. financials (Based on Availability); 10.2.2. Hanger Inc.; 10.2.2.1. Overview; 10.2.2.2. Product; 10.2.2.3. SWOT Analysis; 10.2.2.4. Recent Developments; 10.2.2.5. Strategies; 10.2.2.6. financials (Based on Availability); 10.2.3. Aetrex Worldwide, Inc.; 10.2.3.1. Overview; 10.2.3.2. Product; 10.2.3.3. SWOT Analysis; 10.2.3.4. Recent Developments; 10.2.3.5. Strategies; 10.2.3.6. financials (Based on Availability); 10.2.4. Footbalance System Ltd.; 10.2.4.1. Overview; 10.2.4.2. Product; 10.2.4.3. SWOT Analysis; 10.2.4.4. Recent Developments; 10.2.4.5. Strategies; 10.2.4.6. financials (Based on Availability); 10.2.5. Tynor (India); 10.2.5.1. Overview; 10.2.5.2. Product; 10.2.5.3. SWOT Analysis; 10.2.5.4. Recent Developments; 10.2.5.5. Strategies; 10.2.5.6. financials (Based on Availability); 10.2.6. Digital Orthotics Laboratories Australia Pty Ltd.; 10.2.6.1. Overview; 10.2.6.2. Product; 10.2.6.3. SWOT Analysis; 10.2.6.4. Recent Developments; 10.2.6.5. Strategies; 10.2.6.6. financials (Based on Availability); 10.2.7. Thuasne; 10.2.7.1. Overview; 10.2.7.2. Product; 10.2.7.3. SWOT Analysis; 10.2.7.4. Recent Developments; 10.2.7.5. Strategies; 10.2.7.6. financials (Based on Availability); 10.2.8. Foot Science International; 10.2.8.1. Overview; 10.2.8.2. Product; 10.2.8.3. SWOT Analysis; 10.2.8.4. Recent Developments; 10.2.8.5. Strategies; 10.2.8.6. financials (Based on Availability); 10.2.9. OttoBock; 10.2.9.1. Overview; 10.2.9.2. Product; 10.2.9.3. SWOT Analysis; 10.2.9.4. Recent Developments; 10.2.9.5. Strategies; 10.2.9.6. financials (Based on Availability); 10.2.10. Superfeet Worldwide, Inc.; 10.2.10.1. Overview; 10.2.10.2. Product; 10.2.10.3. SWOT Analysis; 10.2.10.4. Recent Developments; 10.2.10.5. Strategies; 10.2.10.6. financials (Based on Availability)