According to World Health Organization (WHO) data updated in October 2021, every country in the world is experiencing an increase in the size and proportion of older people in the population. According to WHO estimates, one in every six people in the world will be 60 or older by 2030, with the share of the population aged 60 and up increasing from 1 billion in 2020 to 1.4 billion in 2030. This ageing population is more vulnerable to foot disease, diabetes, joint and back pain, and a variety of other diseases that necessitate the use of orthotics for support or pain relief. As a result of the ageing population, the growth of the studied market is expected to increase during the forecast period.

Data Bridge Market Research analyses that the foot orthotic insoles market which is USD 3.17 billion in 2022, is expected to reach USD 5.28 billion by 2030, at a CAGR of 6.6% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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The foot orthotic insoles market is segmented on the basis of product, material type, application, user age group and distribution channel. The growth amongst these segments will help you analyze meagre 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.

Product

  • Prefabricated
  • Custom
  • Rigid/Function Orthotic Insoles
  • Soft/Accommodative Insoles

User Age Group

  • Adult
  • Pediatric

Application

  • Sports and Athletics
  • Medical
  • Personal Comfort

Material Type

  • Thermoplastics
  • Polyethylene Foams
  • Leather
  • Cork
  • Composite Carbon Fibers
  • EVA
  • Gel
  • Others

Distribution Channel

  • Drug Stores
  • Hospitals and Specialty Clinics
  • Online Stores
  • Others
  • Retail shops
  • Foot store

 Highlight of Table of Content:

  • Chapter 1: Market overview
  • Chapter 2: Global Foot Orthotic Insoles Market analysis
  • Chapter 3: Regional analysis of the Global Foot Orthotic Insoles Market
  • Chapter 4: Market segmentation based on types and applications
  • Chapter 5: Revenue analysis based on types and applications
  • Chapter 6: Market share
  • Chapter 7: Competitive Landscape
  • Chapter 8: Drivers, Restraints, Challenges, and Opportunities
  • Chapter 9: Gross Margin and Price Analysis

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Some of the major players operating in the foot orthotic insoles market are:

  • Bauerfeind USA Inc. (U.S.)
  • AMFIT (China)
  • Scholl’s Wellness Co. (U.S.)
  • ComfortFit Orthotic Labs, Inc. (U.S.)
  • Aetrex Inc. (U.S.)
  • SIDAS (Sweden)
  • CURREX (U.S.)
  • PowerStep (U.S.)
  • Blatchford Limited (U.K.)
  • Cascade Dafo’s (U.S.)
  • Health and Care (UK) Ltd (U.K.)
  • Implus (U.S.)
  • Hanger Inc. (U.S.)
  • Tynorindia (India)
  • Digital Orthotics Laboratories Australia Pty Ltd. (Australia)
  • Thuasne (France)
  • Foot Science International (New Zealand)

Profound Questions Answered in this Report:

  • What is the growth rate of various stages in the value chain of the industry?
  • Which region has the highest growth rate and size of the emerging market by value in 2022?
  • Who are the competitive players in Global Foot Orthotic Insoles Market?
  • Which region has the largest share and degree of competition in the industry?
  • What is the CAGR of the market during the forecast period 2022 to 2029?
  • Which region is expected to hold the highest market share for the market?
  • What is the main driver of the Global Foot Orthotic Insoles Market?
  • What is sales volume, revenue, and price analysis of top players of the market?
  • What are the market opportunities and threats faced by the vendors in the industry?
  • What has been the impact of COVID-19 on the Global Foot Orthotic Insoles Market?

 

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