As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The global foot orthotic insoles market was estimated at around USD 3.8 billion in 2020. The industry is further expected to grow at a CAGR of 6.6% 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.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
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.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
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.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
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.
*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 Fibers
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 Fibers
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 & Athletics
18.104.22.168 Plantar fasciitis
22.214.171.124 Back & 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 & Athletics
126.96.36.199 Plantar fasciitis
188.8.131.52 Back & Foot Pain
6.9.3 Personal Comfort
6.10 Global Foot Orthotic Insoles Market Breakup by Region
6.10.1 North America
184.108.40.206 United States of America
220.127.116.11 United Kingdom
6.10.3 Asia Pacific
6.10.4 Latin America
6.10.5 Middle East & Africa
18.104.22.168 Saudi Arabia
22.214.171.124 United Arab Emirates
126.96.36.199 South Africa
6.11 Global Foot Orthotic Insoles Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
6.11.1 North America
188.8.131.52 United States of America
184.108.40.206 United Kingdom
6.11.3 Asia Pacific
6.11.4 Latin America
6.11.5 Middle East & Africa
220.127.116.11 Saudi Arabia
18.104.22.168 United Arab Emirates
22.214.171.124 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 Dr. Scholl's
9.1.1 Company Overview
9.1.2 Financial Analysis
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
9.4.1 Company Overview
9.4.2 Financial Analysis
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
EMR is one of the foremost business intelligence and market research companies with a database of syndicated and customised reports spanning more than 100 industries across global and regional markets. We leverage the knowledge of our highly skilled team of over 100 analysts and more than 3000 independent consultants to provide our clients with thoroughly researched and reliable data tailored to their requirements. We help our clients, who range from Fortune 1000 companies to medium and niche enterprises, make informed strategic decisions through our varied tools and methodology.
Our meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. We understand the distinct nature and requirements for each industry and thus, modify our methodology to best fit the industry in question. Our research methodology uses a combination of cutting-edge analytical tools and the expertise of our highly accomplished team, thus, providing our customers with industry insights that are accurate, actionable, and help them remain ahead of their competition. EMR’ s fine-tuned research methodology and data analysis, formulated through years of cross-industry experience of our team, ensure that our clients are provided with:
Our approach gives our clients a comprehensive assessment of the prevailing and projected industry conditions through the collection, collation, and analysis of data from trusted sources.
We assess the historical, prevailing, and expected prices of commodities and raw materials by analysing our assiduously collected data from verified primary and secondary sources. Our assessments reflect the market values of related commodities within a region to help our consumers understand the interdependencies and formulate profitable industry strategies. Our price assessments cover both the average global prices along with the prevailing regional prices.
Our market assessments determine the global and regional production and consumption of the product, according to their value and volume. We identify the key growth drivers, opportunities, and restraints that might promote or hinder the future industry growth along with an expansive overview of the competitive landscape to help our clients make informed strategic decisions. We also take into account the demographic, economic, cultural, and political factors that might influence the market.
We gather market intelligence through our extensive database of reliable secondary sources and our exhaustive interviews with multiple industry stakeholders. The information gathered through our primary and secondary sources help us verify and extrapolate data relating to prices, trade, and market fluctuations along with the latest developments in the industry.
As a part of our primary research, we interact with highly placed industrial professionals possessing an expansive and meticulous insight into the market. We conduct our interviews via mails, telephonic conversations, and one-on-one meetings. Thus, our exhaustive interviews with both buyers and consumers help us provide our clients with verified intelligence regarding the market size, share, drivers, prices, and forecast along with a detailed assessment of your supply chain.
EMR has access to extensive internal and subscribed databases, which apprise us of the historical and prevailing industry conditions and help us forecast the market for the coming few years. Our secondary research involves a wide array of sources ranging from the annual and financial reports of the key players in the industry to governmental and regulatory databases. We refer to various scientific and industry publications and whitepapers to form a comprehensive understanding of the product and the supply chain. Our wide-ranging research also refers to relevant articles and press releases to provide our customers with an up-to-date understanding of the contemporary market. We derive extensive raw data from our secondary research, which then go through a thorough verification and validation process, to help us formulate an exhaustive understanding of the industry, the supply chain, the competitive landscape, and the product.
Other Analyst Tools and Data Models
Our extensive and intricate data models, formulated through our propriety technological and analytical resources, help you easily comprehend the expansive market data and aid you in framing vital business and industry strategies. Our tools provide you with a cohesive understanding of the industry outlook, taking into account the qualitative and quantitative market variables. Our analytical tools and models are regularly updated according to the changes in the continually evolving market scenarios as well as being adapted to best meet our client’s specific needs. Our research methods involve a blend of the best technological tools used in the industry along with the expertise of our analysts and consultants who can spot and assess the implications of the subtle factors influencing the more complex markets.
Our market assessments take into consideration only those data that are confirmed and are derived from credible and transparent sources. Thus, our clients are presented with accurate and infallible data which can be incorporated into their business strategies.
Before our data is presented to the clients, they undergo an intensive cross-verification and validation process. We corroborate the data gathered through our primary and secondary research by the review and validation of the initial sources along with the verification of the data from other thoroughly vetted sources.
Our qualitative and quantitative assessments are time-sensitive, reflecting the most recent value and volume of the market across regions. By constantly updating our databases and reports to reflect the changes taking place in the industry, our market and price assessments accurately reflect the prevailing industry conditions.
Thus, our rigorous data collection, thorough statistical analysis, and specialist assessments ensure that our clientele has a greater understanding of the industry space, supply chain, price fluctuations, competitive landscape, and other vital factors, helping them emerge as the undisputed industry leaders in their respective fields.
Single User License
Five User License
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.