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The global foot orthotic insoles market was estimated at around USD 3329 million in 2020. The industry is further expected to grow at a CAGR of 5.2% during the forecast period of 2021-2026.
The increasing geriatric population, coupled with the increased prevalence of diabetes and plantar fasciitis, is fuelling the foot orthotic insoles market growth. Also, the rapid technological advancements due to growing investments in R&D is expected to provide further support to the industry.
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The purpose of foot orthotics insoles is to support or correct the abnormal or irregular pattern of walking. They change the angle the foot strikes while walking, thus helping the limb or torso restore the foot’s alignment and positioning. These insoles improve postural stability by enhancing the corresponding somatosensory information available to the central nervous system and providing arch support and pain relief for a myriad of foot conditions, including flat feet.
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The global foot orthotic insoles industry can be divided based on segments like product, material, user age group, end-use, and region.
Based on the product, the industry is segmented as prefabricated and customised.
Based on material, the industry can be segmented as:
Based on user age group, the industry is segmented as adult and paediatric.
Based on end-use, the industry is divided into sports and athletics, medical, and personal comforts. The medical segment is further subdivided into diabetes, plantar fasciitis, arthritis, and back and foot pain, among others.
The EMR report looks into the regional foot orthotic insoles markets like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
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The increasing demand for customised foot orthotics is driving the growth of the global foot orthotic insoles industry. These products are tailored according to the consumer requirements and made after a thorough evaluation of the user’s foot structure. In terms of improved pain management and comfort, tailored or customised orthotics have some clinically proven advantages over prefabricated ones. End-users are increasingly demanding 3D printed orthotics, coupled with the growing adoption of eco-friendly material to produce orthotics insoles. Compared to traditional ones, these are thinner, with increased gait efficiency and proprioception, which will further stimulate the growth of the industry over the forecast period.
The report presents a detailed analysis of the following key players in the global foot orthotic insoles industry, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
|Scope of the Report||Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Material, User Age Group, End Use, Region|
|Breakup by Product||Prefabricated, Customised|
|Breakup by Material||Thermoplastics, Polyethylene Foams, Leather, Cork, Composite Carbon Fibres, Ethyl-vinyl acetates (EVAs), Gel, Others|
|Breakup by User Age Group||Adult, Paediatric|
|Breakup by End Use||Sports and Athletics, Medical, Personal Comfort|
|Breakup by Region||North America, Europe, Asia Pacific, Latin America, Middle East and Africa|
|Market Dynamics||SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand|
|Competitive Landscape||Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications|
|Companies Covered||Scholl’s Wellness Co., Stable Step, LLC, A. Algeo Ltd, Birkenstock Group B.V. & Co. KG, Bauerfeind AG, Superfeet Worldwide, Inc., Others|
|Report Price and Purchase Option||Explore our purchase options that are best suited to your resources and industry needs.|
|Delivery Format||Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.|
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.5 Market Models
3.1 Market Outlook
3.2 Key Industry Trends
3.3 Market Scope and Segmentation
3.4 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Cost Structure
4.5 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Foot Orthotic Insoles Market Analysis
6.1 Global Foot Orthotic Insoles Historical Market (2016-2020) & Forecast (2021-2026)
6.2 Global Foot Orthotic Insoles Market Breakup by Product
6.3 Global Foot Orthotic Insoles Market Breakup by Product: Historical Market (2016-2020) & Forecast (2021-2026)
6.4 Global Foot Orthotic Insoles Market Breakup by Material
6.4.2 Polyethylene Foams
6.4.5 Composite Carbon Fibres
6.4.6 Ethyl-vinyl acetates (EVAs)
6.5 Global Foot Orthotic Insoles Market Breakup by Material: Historical Market (2016-2020) & Forecast (2021-2026)
6.5.2 Polyethylene Foams
6.5.5 Composite Carbon Fibres
6.5.6 Ethyl-vinyl acetates (EVAs)
6.6 Global Foot Orthotic Insoles Market Breakup by User Age Group
6.7 Global Foot Orthotic Insoles Market Breakup by User Age Group: Historical Market (2016-2020) & Forecast (2021-2026)
6.8 Global Foot Orthotic Insoles Market Breakup by End Use
6.8.1 Sports and Athletics
22.214.171.124 Plantar fasciitis
126.96.36.199 Back and Foot Pain
6.8.3 Personal Comfort
6.9 Global Foot Orthotic Insoles Market Breakup by End Use: Historical Market (2016-2020) & Forecast (2021-2026)
6.9.1 Sports and Athletics
188.8.131.52 Plantar fasciitis
184.108.40.206 Back and Foot Pain
6.9.3 Personal Comfort
6.10 Global Foot Orthotic Insoles Market Breakup by Region
6.10.1 North America
220.127.116.11 United States of America
18.104.22.168 United Kingdom
6.10.3 Asia Pacific
6.10.4 Latin America
6.10.5 Middle East & Africa
22.214.171.124 Saudi Arabia
126.96.36.199 United Arab Emirates
188.8.131.52 South Africa
6.11 Global Foot Orthotic Insoles Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
6.11.1 North America
184.108.40.206 United States of America
220.127.116.11 United Kingdom
6.11.3 Asia Pacific
6.11.4 Latin America
6.11.5 Middle East & Africa
18.104.22.168 Saudi Arabia
22.214.171.124 United Arab Emirates
126.96.36.199 South Africa
7 SWOT Analysis
8 Porter’s Five Forces Analysis
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
9 Key Players & Company Profiles
9.1 Scholl’s Wellness Co.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.2 Stable Step, LLC
9.2.1 Company Overview
9.2.2 Financial Analysis
9.3 A. Algeo Ltd
9.3.1 Company Overview
9.3.2 Financial Analysis
9.4 Birkenstock Group B.V. & Co. KG
9.4.1 Company Overview
9.4.2 Financial Analysis
9.5 Bauerfeind AG
9.5.1 Company Overview
9.5.2 Financial Analysis
9.6 Superfeet Worldwide, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
10 Industry Events and Developments
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