The Global Foot Orthotic Insoles Market Size is estimated to expand rapidly in coming years, at a CAGR of 6.75% from 2018 to 2025. In 2017, the global market valuation was USD 3.17 billion, and it is anticipated to be greater than USD xx.xx billion by 2025 driven by surge in adoption of technologically advanced products and high prevalence of osteoarthritis, rheumatoid arthritis, juvenile arthritis, and other forms of disorders. North America led the global foot orthotic insoles market, in terms of revenue share, in 2018. It is expected to retain its leading position throughout the forecast years.

Global Foot Orthotic Insoles Market Size, Share Analysis, By Region 2017

Segment Analysis

This research report segments the market for foot orthotic insoles on the basis of type, application, end-user and region along with forecast of revenue and analyzing trends in each of the submarkets.

Product Insights: On the basis of product type the global foot orthotic insoles market has been segmented into Thermoplastics, Polyethylene Foams, Leather, Cork, Composite Carbon Fibers, Ethyl-Vinyl Acetates and others. The Polyethylene Foams segment led the market growth in 2017 and is anticipated to be fastest growing segment over the forecast period in terms of demand and revenue. Other segment will contribute significant growth in coming years due to the products witnessing measurable demand. Each type is further described in detail in the report with value forecasts between 2017 and 2025 period.

Application Analysis: Based on application the foot orthotic insoles market has been categorized into Medical, Sports & Athletics, Personal Comfort and others. In 2018 the Medical segment was valued to collect healthy growth rate and is estimated to show it’s continue dominance over the forecast period in terms of revenue. Each end-user is further described in detail in the report with value forecasts for aforementioned period.

Regional Analysis

The global foot orthotic insoles market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In 2018, North America accounted for the largest industry share in the global market and is projected to generate measurable industry revenue during the forecast period owing to increase in sports activities, rising prevalence of diabetes in this region, technological advancements, high ongoing investments in R&D and rising geriatric population.  The U.S will lead the market in coming years owing to quality of care and value-based services. Asia Pacific is expected to witness significant growth in the global market during the forecast period due to factors such as high target population, improving health consciousness and technological advancements. Middle East and Africa held the measurable growth in the global market in 2018 and will expand at the significant CAGR during the forecast years.   

Key Players Landscape

Major players operating in the global foot orthotic insoles market include Bayer, Powerstep, Superfeet Worldwide, Inc., Ottobock, A. Algeo Ltd., Hanger, Inc., and Bauerfeind AG. Birkenstock digital GmbH, Ottobock SE & Co. KGaA, Foot Science International, Create O & P, Groupe Gorgé, and Digital Orthotics Laboratories Australia.

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