Procurement Resource Thumbnail Book Image

Global Foot Orthotic Insoles Industry Report: Regional Analysis; Key Segmentation and Scope; Industry Opportunities and Challenges; Market Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Industry Events and Developments; Competitive Landscape, 2022-2027

Foot Orthotic Insoles Market Outlook


The global Foot Orthotic Insoles industry report contains a comprehensive analysis of the current market situation including latest trends, drivers, and other critical aspects of the market.

In the base year of 2021 the global Foot Orthotic Insoles Market Size reached a value of about USD 3502.11 million. The expected growth rate of the industry is at a CAGR of approximately 5.20% during the forecast period of 2022-2027. The global Foot Orthotic Insoles Market share is likely to reach a value of about USD 4747.05 million by 2027.

The global Foot Orthotic Insoles Market is advancing due to the increased prevalence of health conditions The global Foot Orthotic Insoles Market in North America makes up for like diabetes.

Hence, the region wise biggest market share is held by the Foot Orthotic Insoles market in North America.

Analysis and Categorisation of the global Foot Orthotic Insoles Industry

Foot orthotic insoles are removable shoe inserts that support or correct abnormal or irregular walking patterns. They are worn to perform functions like daily wear comfort, bettering height, treating plantar fasciitis and others. They are designed to cure foot ailments and deformities, diabetic foot ulcers and manage alignment and positioning.

The global Foot Orthotic Insoles Market comprises divisions by User Age Group (Paediatric and Adult), Product (Custom and Prefabricated), End-Use (Medical segment (Arthritis, Plantar Fasciitis, Diabetes, Back and Foot Pain, and Others), Sports and Athletics, and Personal Comfort), Material (Composite Carbon Fibres, Thermoplastics, Cork, Leather Ethyl-vinyl acetates (EVAs), Gel, Polyethylene Foams, and Others), and region (South America, Asia Pacific, the Middle East, Europe, Africa, and North America).

The Asia Pacific, Europe, the Middle East, South America, North America, and Africa Regions are Impelling the Global Foot Orthotic Insoles Market Development

The global Foot Orthotic Insoles Market in North America holds the largest share in the industry due to the intensifying rates of diabetes in this region. In addition, technological advances in the area paired with high R&D investments are expected to further the market growth. Also, the U.S. healthcare system concentrates on value-based services and quality of care is likely to provide the industry with a significant boost.

The growing occurrences of health disorders like diabetes and plantar fasciitis is propelling the global Foot Orthotic Insoles industry. As the number of geriatric populations increases, it leads to an increased demand for the product, further boosting sales in the sector. Furthermore, the growing technical advances owing to the increasing investments in R&D are likely to impact the market positively.

Despite this, the lack of knowledge regarding the product in the underdeveloped or emerging nation will likely act as a market restraint.

The global Foot Orthotic Insoles Market Outlook

Custom orthotics are made by completing an initial evaluation by the Certified Pedorthist. During the examination, the measurement of feet is done, and the arch height is checked for, and given a general score. After the study is finished, the process of making the mould begins. The method of rapid impression bath is used to take the foot impression.

Once finished, a physical replica is created of the foot by pouring a quick-drying liquid plaster into the imprint. When the material dries the plaster foot is finished and filed to the exact proportions and details of your feet. Lastly, the vacuum forming step is followed by trimming and shaping and finally, the orthotics are sent for final fitting in the specific shoe.

The global Foot Orthotic Insoles Market Demand is Expanding Due to the Need for Customised Products

The global Foot Orthotic Insoles market is rapidly advancing due to the increasing demand for custom foot orthotics which is gaining traction among people. The products are prefabricated and customized as per the consumer’s requirements. They are manufactured after a thorough evaluation of the user’s foot structure which results in utmost accuracy, thus resulting in increased demand.

The properties of the customised products like comfort and improved pain management have some clinically proven advantages over prefabricated ones, further boosting the market growth. In addition, end-users are rapidly demanding 3D printed orthotics, along with the growing adoption of eco-friendly materials to produce orthotics insoles which is likely to result in the global Foot Orthotic Insoles Market development.

The market is segmented into Asia Pacific, South America, Europe, the Middle East, North America, and Africa on the basis region segmentation.

Major global Foot Orthotic Insoles Market Key Players

  • Scholl’s Wellness Co.
  • Bauerfeind AG
  • Stable Step, LLC
  • Algeo Ltd
  • Birkenstock Group B.V. & Co. KG

Global Foot Orthotic Insoles Competition Landscape

The market is highly fragmented as it comprises various national and international players. The key players rely on several expansion strategies to further penetrate lucrative markets. Collaborations, product launches, partnerships, acquisitions are included in the plan that strengthen regional and global distribution channel.

Recent Developments in the global Foot Orthotic Insoles Industry

  • February 2022 – The latest DOLA iPhone revealed a scanning feature under Digital Orthotics Laboratories Australia Pty Ltd. Through this feature, the customer can prescribe, scan, and order orthotics from an iPhone.
  • November 2021- Implus Footcare LLC a brand under Spenco, launched Propel and Propel + Carbon insoles that are made to supercharge running shoes installed with the newest running technology.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Foot Orthotic Insoles Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Foot Orthotic Insoles Historical Market (2017-2021) 
    8.3    Global Foot Orthotic Insoles Market Forecast (2022-2027)
    8.4    Global Foot Orthotic Insoles Market by Product
        8.4.1    Prefabricated
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Customised
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
    8.5    Global Foot Orthotic Insoles Market by Material
        8.5.1    Thermoplastics
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Polyethylene Foams
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Leather
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    Cork
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2017-2021)
            8.5.4.3    Forecast Trend (2022-2027)
        8.5.5    Composite Carbon Fibres
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2017-2021)
            8.5.5.3    Forecast Trend (2022-2027)
        8.5.6    Ethyl-Vinyl Acetates (EVAs)
            8.5.6.1    Market Share
            8.5.6.2    Historical Trend (2017-2021)
            8.5.6.3    Forecast Trend (2022-2027)
        8.5.7    Gel
            8.5.7.1    Market Share
            8.5.7.2    Historical Trend (2017-2021)
            8.5.7.3    Forecast Trend (2022-2027)
        8.5.8    Others
    8.6    Global Foot Orthotic Insoles Market by User Age Group
        8.6.1    Adult
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Paediatric
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
    8.7    Global Foot Orthotic Insoles Market by End Use
        8.7.1    Sports and Athletics
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2017-2021)
            8.7.1.3    Forecast Trend (2022-2027)
        8.7.2    Medical
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2017-2021)
            8.7.2.3    Forecast Trend (2022-2027)
            8.7.2.4    Breakup by Type
                8.7.2.4.1    Diabetes
                8.7.2.4.2    Plantar Fasciitis
                8.7.2.4.3    Arthritis
                8.7.2.4.4    Back and Foot Pain
                8.7.2.4.5    Others
        8.7.3    Personal Comfort
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2017-2021)
            8.7.3.3    Forecast Trend (2022-2027)
    8.8    Global Foot Orthotic Insoles Market by Region
        8.8.1    Market Share
            8.8.1.1    North America
            8.8.1.2    Europe
            8.8.1.3    Asia Pacific
            8.8.1.4    Latin America
            8.8.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Competitive Landscape
    11.1    Market Structure
    11.2    Company Profiles
        11.2.1    Scholl’s Wellness Co.
            11.2.1.1    Company Overview
            11.2.1.2    Product Portfolio
            11.2.1.3    Demographic Reach and Achievements
            11.2.1.4    Certifications
        11.2.2    Stable Step, LLC
            11.2.2.1    Company Overview
            11.2.2.2    Product Portfolio
            11.2.2.3    Demographic Reach and Achievements
            11.2.2.4    Certifications
        11.2.3    A. Algeo Limited
            11.2.3.1    Company Overview
            11.2.3.2    Product Portfolio
            11.2.3.3    Demographic Reach and Achievements
            11.2.3.4    Certifications
        11.2.4    Birkenstock Group B.V. & Co. KG
            11.2.4.1    Company Overview
            11.2.4.2    Product Portfolio
            11.2.4.3    Demographic Reach and Achievements
            11.2.4.4    Certifications
        11.2.5    Bauerfeind AG
            11.2.5.1    Company Overview
            11.2.5.2    Product Portfolio
            11.2.5.3    Demographic Reach and Achievements
            11.2.5.4    Certifications
        11.2.6    Superfeet Worldwide, Inc.
            11.2.6.1    Company Overview
            11.2.6.2    Product Portfolio
            11.2.6.3    Demographic Reach and Achievements
            11.2.6.4    Certifications
        11.2.7    Others
12    Industry Events and Developments

Request Sample
Key Questions Answered in the Report

The worldwide market reached USD 3502.11 million in 2021.

During the estimated duration between 2022-2027, the market is expected to progress at a CAGR of 5.20%.

The significant demand for customised products is an essential driver of the Foot Orthotic Insoles market growth.

Scholl’s Wellness Co., Bauerfeind AG, Stable Step, LLC, Algeo Ltd, Birkenstock Group B.V. & Co. KG and Others.

The North American region of the Foot Orthotic Insoles industry holds a significant share in the orthotics market.

Analyst Review

The global Foot Orthotic Insoles market Price was valued at USD 3502.11 million in 2021, driven by the increasing prevalence of health conditions like diabetes and plantar fasciitis. In addition, the industry is propelling with the expanding number of geriatric populations and technical advances owing to the growing investments in R&D., Aided by the rising demand for custom foot orthotics which is gaining traction among people.

The market is expected to witness further growth in the forecast period of 2022-2027, growing at a CAGR of 5.20%. The market is projected to reach USD 4747.05 million by 2027. Some of the leading players in the industry are Scholl’s Wellness Co., Bauerfeind AG, Stable Step, LLC, Algeo Ltd, Birkenstock Group B.V. & Co. KG and Others.

Procurement Resources’ expert team employs a mix of critical tools and their expertise to explore the macro and micro aspects.

Compare test & Choose the Right Report Version for You

Why Procurement Resource?

RIGHT PEOPLE

At Procurement Resource our analysts are selected after they are assessed thoroughly on having required qualities so that they can work effectively and productively and are able to execute projects based on the expectations shared by our clients. Our team is hence, technically exceptional, strategic, pragmatic, well experienced and competent.

RIGHT METHODOLOGY

We understand the cruciality of high-quality assessments that are important for our clients to take timely decisions and plan strategically. We have been continuously upgrading our tools and resources over the past years to become useful partners for our clientele. Our research methods are supported by most recent technology, our trusted and verified databases that are modified as per the needs help us serve our clients effectively every time and puts them ahead of their competitors.

RIGHT PRICE

Our team provides a detailed, high quality and deeply researched evaluations in competitive prices, that are unmatchable, and demonstrates our understanding of our client’s resource composition. These reports support our clientele make important procurement and supply chains choices that further helps them to place themselves ahead of their counterparts. We also offer attractive discounts or rebates on our forth coming reports.

RIGHT SUPPORT

Our vision is to enable our clients with superior quality market assessment and actionable evaluations to assist them with taking timely and right decisions. We are always ready to deliver our clients with maximum results by delivering them with customised suggestions to meet their exact needs within the specified timeline and help them understand the market dynamics in a better way.

Similar Reports
Global Nutmeg Industry Report: Size, Trend, Analysis and Forecast 2022-2027

Email Delivery   Price: $ 999.00

The global nutmeg market reached a value of about 130 thousand tonnes in 2021. The industry is further expected to grow at a CAGR of about 6% in the forecast period of 2022-2027 to reach a value of around 180 thousand tonnes by 2027.

Read More
Global HEOR Service Industry Report: Size, Trend, Analysis and Forecast 2022-2027

Email Delivery   Price: $ 999.00

The global HEOR market reached a value of about USD 1364.3 million in 2021. The industry is further expected to grow at a CAGR of about 12.81% in the forecast period of 2022-2027 to reach a value of around USD 2779.2 million by 2027.

Read More
Global Artificial Intelligence Industry Report: Analysis and Forecast 2022-2027

Email Delivery   Price: $ 999.00

The global Artificial Intelligence market reached a value of about USD 192 Billion in 2021. The industry is projected to grow at a CAGR of around 23% in the forecast period of 2022-2027 to reach a value of about USD 664.86 Billion by 2027.

Read More

NEWSLETTER

Get latest News About Procurement Resource
Subscribe for news