Global Foot Orthotic Insoles Market Segments 2024, Forecast To 2033
5 Mar, 2024
The foot orthotic insoles market has shown growth, rising from $3.55 billion in 2023 to $3.84 billion in 2024, reflecting a CAGR of 8.1%. This growth is attributed to medical advancements and health-conscious consumer trends. Expected to reach $5.21 billion in 2028, factors include the rise in chronic conditions and e-commerce expansion. Key trends involve medical professional recommendations and advancements in material science.
Global Foot Orthotic Insoles Market Key Driver
The foot orthotic insoles market is anticipated to expand with the rising prevalence of diabetes. Diabetes, a metabolic condition, poses risks to various health aspects, including the feet. Foot orthotic insoles play a crucial role in treating diabetic feet with conditions like Charcot arthropathy and foot ulcers. The International Diabetes Federation (IDF) projects a global increase in diabetes cases from 537 million in 2021 to 643 million by 2030. This surge in diabetes cases propels the demand for foot orthotic insoles, making it a key driver for market growth.
Get A Free Sample Of The Global Foot Orthotic Insoles Market ReportGlobal Foot Orthotic Insoles Market Segments
The foot orthotic insoles market covered in this report is segmented –
1) By Type: Prefabricated, Customized
2) By Material: Thermoplastics, Polyethylene Foams, Leather, Cork, Composite Carbon Fibers, Ethylene-vinyl Acetate, Gel, Other Materials
3) By Application: Medical, Sports And Athletics, Personal
4) By Distribution Channel: Drug Stores, Hospitals And Specialty Clinics, Online Stores, Other Distribution Channels
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
North America was the largest region in the foot orthotic insoles market in 2023. The regions covered in the foot orthotic insoles market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Foot Orthotic Insoles Industry Players
Hanger Inc.; Implus LLC; Footbalance Systems Ltd.; Thuasne SAS; Foot Science International; Aetrex Worldwide Inc.; Tynor Orthotics Pvt. Ltd.; DJO Global Inc.; Acor Orthopedic Inc.; Algeo Limited; KLM Laboratories Inc.; Arden Orthotics Ltd.; Bauerfeind AG; ComfortFit Orthotic Labs Inc.; Bolton Bros Limited; Superfeet Worldwide Inc.; Birkenstock Orthopädie GmbH & Co. KG; Spenco Medical Corporation; SOLO Laboratories Inc.; Foot Levelers Inc.; Vasyli Medical; Ottobock SE & Co. KGaA; Össur hf Corp.; Fillauer LLC; Cascade Dafo Inc.; Allard USA Inc.; ProLab Orthotics Ltd.; SureFit Inc.; Langer Biomechanics; Pedorthic Shoe Company
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AIOps Foot Orthotic Insoles Market Overview
The foot orthotic insoles refer to prescription medical devices worn inside the shoe to treat and cure discomfort in the feet. It is used to treat foot problems such as difficulties walking, standing, or running.
Foot Orthotic Insoles Global Market Report 2023 provides data on the global foot orthotic insoles market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The foot orthotic insoles market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.