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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Foot Orthotic Insoles Market Growth
The foot orthotic insoles market is propelled by the rising integration of sensors embedded within the insoles that can track gait patterns, pressure distribution, and foot movement, providing valuable insights for designing more effective orthotic solutions.
Orthotic insoles designed for diabetic foot care offer protective cushioning, pressure redistribution, and ulcer prevention, reducing the risk of foot ulcers, infections, and amputations.
According to the CDC, in the U.S., the total direct estimated costs of diagnosed diabetes increased from $227 billion in 2012 to $307 billion in 2022, this indicates the increased usage of the foot orthotic insoles market in the nation.
Foot Orthotic Insoles Market Report Snapshots
Foot Orthotic Insoles Market Size
Foot Orthotic Insoles Market Growth
Foot Orthotic Insoles Market Trends
Foot Orthotic Insoles Market Share
Foot Orthotic Insoles Market Analysis
Foot Orthotic Insoles Manufacturers
Foot Orthotic Insoles Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The foot orthotic insoles market was valued at USD 3,875.80 million in 2023.
The market is projected to grow at a CAGR of 5.2% between 2024 and 2032.
The major drivers of the industry, such as the rising disposable incomes, increasing health awareness, growing geriatric population, rising incidences of diabetes and plantar fasciitis, growing demand for customised foot orthotics insoles, and the growing technological advancements, are expected to aid the market growth.
The key market trends guiding the growth of the market include the growing utilisation of eco-friendly material for foot orthotic insoles production and the increasing demand for 3D printed products.
The market is broken down into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
The market is categorised according to the product, which includes prefabricated and customised.
Based on the material, the market is divided into thermoplastics, polyethylene foams, leather, cork, composite carbon fibres, ethyl-vinyl acetates (EVAS), gel, and others.
The market is categorised according to the user age group, which includes adult and paediatric.
Based on the end use, the market is divided into sports and athletics, medical, and personal comfort.
The key players are Scholl’s Wellness Co., Stable Step, LLC, A. Algeo Ltd, Birkenstock Group B.V. & Co. KG, Bauerfeind AG and Superfeet Worldwide, Inc. among others.
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