June 1, 2023

Global ” Foot Orthotic Insoles Market ” (2023-2030) report provides a key analysis of the market status with the best facts and figures, SWOT analysis, expert opinions, and the latest developments around the world. The report assesses the present market scenario and identifies emerging trends that could influence Foot Orthotic Insoles Market growth and revenue.

The report will be remarkable in its ability to provide worldwide investors with the information they need to make informed judgments about the market. This report is based on a variety of secondary and primary sources to present a comprehensive and accurate picture of the Foot Orthotic Insoles Market.

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The global Foot Orthotic Insoles Market size was valued at USD 3.49 billion in 2021. The market is projected to grow from USD 3.93 billion in 2022 to USD 6.15 billion by 2029, exhibiting a CAGR of 6.6% during the forecast period.


Foot Orthotic Insoles Market Drivers :

It is determined that foot pain affects more than 30.0% of the general population. This pain can be caused by various medical conditions like diabetic foot ulcers, plantar fasciitis, bursitis, and arthritis. Thus, foot orthotic insoles are prescribed by physicians to treat these conditions. As per NCBI, in 2021, the annual prevalence of diabetic foot ulcers across the globe is between 9.1 to 26.1 million. It is further estimated that approximately 20% to 25% of the population with diabetes mellitus will develop a diabetic foot ulcer. The magnitude and incidence of diabetic foot ulcers are increasing rapidly worldwide since the increased incidence of diabetes reached an epidemic level. Hence, these aforementioned factors are crucial growth drivers for the global market.Predominantly, the sedentary middle-aged and older adults are affected by plantar heel pain, and it is estimated that around 8.0% of all injuries are related to running. Hence, the growing incidence of the disorder will reflect a positive growth trajectory for the market. According to the American Academy of Family Physicians (AAFP), in 2018, more than 800,000 Americans younger than 65 years seek outpatient treatment for plantar fasciitis each year.

Research Methodology:

The future growth trends of the industry are explored based on a rapid quantitative and qualitative assessment of data gathered from various sources. The authors have used wide and organized research techniques to encompass every aspect of the Foot Orthotic Insoles Market. Secondary sources include the verification of important documents such as annual reports, press releases, trade association data, case studies, third-party data providers, and others.

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios of the top players in the Foot Orthotic Insoles Market.

Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market.

Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market.

Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.

Some of the Major Players Operating in the Foot Orthotic Insoles Market:

  • 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)

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Report Highlights

The report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, and inputs from industry experts and industry participants across the value chain.

The report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies

Global Segmentation:

The Foot Orthotic Insoles Market is segmented on the basis of type, fiber type, application, tow size, modulus and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Complete Overview of this Industry:

Providing a complete overview of the global Foot Orthotic Insoles Market, as there are many different markets and industries around the world. However, I can provide a high-level summary of some of the key trends and factors that are currently impacting the Foot Orthotic Insoles Market. Economic Growth, Technology, E-commerce, Globalization, Sustainability, Demographics, and regulatory risks are just a few of the many factors that are currently shaping the global market.

Table of Contents

1 Market Overview
1.1 Product Definition and Market Characteristics
1.2 Global Foot Orthotic Insoles Market Size 2023
1.3 Market Segmentation
1.4 Global Macroeconomic Analysis
1.5 SWOT Analysis

Market Dynamics
2.1 Market Drivers
2.2 Market Constraints and Challenges
2.3 Emerging Foot Orthotic Insoles Market Trends 2023
2.4 Impact of COVID-19
2.4.1 Short-term Impact
2.4.2 Long-term Impact

3 Associated Industry Assessment 2023
3.1 Supply Chain Analysis
3.2 Industry Active Participants
3.2.1 Suppliers of Raw Materials
3.2.2 Key Distributors/Retailers
3.3 Alternative Analysis
3.4 The Impact of Covid-19 From the Perspective of the Industry Chain

4 Market Competitive Landscape
4.1 Industry Leading Players
4.2 Industry News 2023
4.2.1 Key Product Launch News
4.2.2 Foot Orthotic Insoles Market Expansion Plans

5 Analysis of Leading Companies

TOC Continued……

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