Foot Orthotic Insoles Market Size & Share, by Type (Thermoplastics, Polyethylene Foams, Leather, Cork, Composite Carbon Fibers, Ethyl-Vinyl Acetates, Gel); Application (Sports & Athletics, Medical, Personal Comfort); Age Group (Adults, Pediatrics); End-user (Hospitals, Clinics, Ambulatory Centers) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4528
  • Published Date: Sep 06, 2023
  • Report Format: PDF, PPT
  1. An Outline of the Foot Orthotic Insoles Market
    1. Market Definition
    2. Market Segmentation
    3. Product Overview
  2. Assumptions and Acronyms
  3. Research Methodology & Approach
    1. Research Process
    2. Primary Research
      1. Manufacturers
      2. End Users
    3. Secondary Research
    4. Market Size Estimation
  4. Summary of the Report for Key Decision Maker
  5. Forces of the Market Constituents
    1. Factors/drivers impacting the growth of the market
    2. Market trends for better business practices
  6. Key Market Opportunities for Business Growth
  7. Major Roadblocks for the Market Growth
  8. Decarbonization Strategy and carbon Benefits for Market Players
    1. Global Government Decarbonization Plans/Goals by Each Country under 2015 Agreement Agreed by 200 Countries
    2. Measures taken by Countries to Reduce Carbon Footprints
    3. Carbon Credits and Subsidy Plans/Benefits Rolled out by the Government for Market Players
    4. Effective Ways to Harness Carbon-Credits and Impact on Profit Margins
    5. Demand Impact on the Companies Opting for Carbon Credits
  9. Government Regulation
  10. Technology Transition and Adoption Analysis in Foot Orthotics
  11. Industry Risk Analysis
  12. Global Economic Outlook: Challenges for Global Recovery and its Impact on Global Foot Orthotic Insoles Market
    1. Ukraine-Russia crisis
    2. Potential US economic slowdown
  13. Industrial Pricing Benchmarking & Analysis
  14. Industry Growth Outlook
  15. Industry Supply Chain Analysis
  16. Analysis on Ongoing Technological Advancement in Foot Orthotic Insoles Market
    1. CAD/ CAM
    2. Scanning and 3D printing technology
    3. Additive Manufacturing (AM)
    4. Other
  17. Analysis on Orthotic Insole Development
  18. Analysis on the use of Foot Orthotic Insole
    1. Foot orthoses for people with rheumatoid arthritis
    2. Foot orthoses for people with diabetes
    3. Others
  19. Competitive Positioning: Strategies to differentiate a company from its competitors
  20. Competitive Model: A Detailed Inside View for Investors
    1. Market share of major companies profiled, 2022
      1. Business Profiles of Key Enterprises
        1. Foot Science International
        2. Aetrex Inc.
        3. Superfeet Worldwide, Ltd.
        4. Algeos Ltd.
        5. Digital Orthotics Laboratories Australia Pty Ltd
        6. DARCO Medical India Pvt. Ltd.
        7. Foot Levelers, Inc.
        8. Bauerfeind
        9.  Footlogics USA
        10.  PROFOOT INC.
        11.  SIDAS
  21. Global Foot Orthotic Insoles Market Outlook & Projections, Opportunity Assessment, 2022-2035
    1. Market Overview
    2. Market Revenue by Value (USD Million), Volume (Thousand Units) and Compound Annual Growth Rate (CAGR)
    3. Year-on-Year (Y-o-Y) Growth Trend Analysis
      1. By Material
        1. Thermoplastics, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        2. Polyethylene Foams, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        3. Leather, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        4. Cork, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        5. Composite Carbon Fibers, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        6. Ethyl-Vinyl Acetates (EVAs), Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        7. Others, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
      2. By Type
        1. Pre-fabricated, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        2. Custom Made, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
      3. By Age Group
        1. Adults, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        2. Pediatrics, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
      4. By Distribution Channel
        1. Online, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        2. Offline, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
      5. By Application
        1. Medical, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        2. Personal Comfort, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
      6. By Geography
        1. North America, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        2. Asia Pacific, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        3. Europe, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        4. Middle Est & Africa, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        5. Latin America, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
      7. Cross Analysis of Global Foot Orthotic Insoles Market by Material w.r.t. Application (Value and Volume)
  22. North America Foot Orthotic Insoles Market Outlook & Projections, Opportunity Assessment, 2022-2035
    1. Market Overview
    2. Analysis on Govt. Guidelines, Trends, and Other Factors in the region & Impact on Y-O-Y Revenue
    3. Market Revenue by Value (USD Million), Volume (Thousand Units) and Compound Annual Growth Rate (CAGR)
    4. Market Segmentation Analysis 2022-2035
      1. By Material
        1. Thermoplastics, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        2. Polyethylene Foams, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        3. Leather, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        4. Cork, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        5. Composite Carbon Fibers, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        6. Ethyl-Vinyl Acetates (EVAs), Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        7. Others, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
      2. By Type
        1. Pre-fabricated, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        2. Custom Made, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
      3. By Age Group
        1. Adults, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        2. Pediatrics, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
      4. By Distribution Channel
        1. Online, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        2. Offline, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
      5. By Application
        1. Medical, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        2. Personal Comfort, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
      6. By Country
        1. US, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        2. Canada, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
  23. Europe Foot Orthotic Insoles Market Outlook & Projections, Opportunity Assessment, 2022-2035
    1. Market Overview
    2. Analysis on Govt. Guidelines, Trends, and Other Factors in the region & Impact on Y-O-Y Revenue
    3. Market Revenue by Value (USD Million), Volume (Thousand Units) and Compound Annual Growth Rate (CAGR)
    4. Market Segmentation Analysis 2022-2035
      1. By Material
      2. By Type
      3. By Indication
      4. By Demography
      5. By End-User
      6. By Country
        1. Germany, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        2. France, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        3. UK, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        4. Italy, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        5. Spain, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        6. Netherlands, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        7. Russia, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        8. Rest of Europe, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
  24. Asia Pacific Foot Orthotic Insoles Market Outlook & Projections, Opportunity Assessment, 2022-2035
    1. Market Overview
    2. Analysis on Govt. Guidelines, Trends, and Other Factors in the region & Impact on Y-O-Y Revenue
    3. Market Revenue by Value (USD Million), Volume (Thousand Units) and Compound Annual Growth Rate (CAGR)
    4. Market Segmentation Analysis 2022-2035
      1. By Material
      2. By Type
      3. By Age Group
      4. By Distribution Channel
      5. By Application
      6. By Country
        1. China, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        2. Japan Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        3. India, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        4. South Korea, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        5. Australia, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        6. Singapore, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        7. Rest of Asia Pacific, 2022-2035F (USD Million)
  25. Latin America Foot Orthotic Insoles Market Outlook & Projections, Opportunity Assessment, 2022-2035
    1. Market Overview
    2. Analysis on Govt. Guidelines, Trends, and Other Factors in the region & Impact on Y-O-Y Revenue
    3. Market Revenue by Value (USD Million), Volume (Thousand Units) and Compound Annual Growth Rate (CAGR)
    4. Market Segmentation Analysis 2022-2035
      1. By Material
      2. By Type
      3. By Age Group
      4. By Distribution Channel
      5. By Application
      6. By Country
        1. Brazil, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        2. Argentina Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        3. Mexico, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        4. Rest of Latin America, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
  26. Middle East & Africa Foot Orthotic Insoles Market Outlook & Projections, Opportunity Assessment,2022-2035
    1. Market Overview
    2. Analysis on Govt. Guidelines, Trends, and Other Factors in the region & Impact on Y-O-Y Revenue
    3. Market Revenue by Value (USD Million), Volume (Thousand Units) and Compound Annual Growth Rate (CAGR)
    4. Market Segmentation Analysis 2022-2035
      1. By Material
      2. By Type
      3. By Age Group
      4. By Distribution Channel
      5. By Application
      6. By Country
        1. GCC, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        2. Israel Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        3. South Africa, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F
        4. Rest of Middle East & Africa, Market Value (USD Million), Market Volume (Thousand Units), CAGR, 2022-2035F

Global Market Size, Forecast, and Trend Highlights Over 2023-2035

Foot Orthotic Insoles Market size is estimated to surpass USD 8.2 billion by the end of 2035, growing at a CAGR of 6.78% during the forecast period, i.e., 2023 – 2035. In the year 2022, the industry size of foot orthotic insoles was USD 3.5 Billion. The demand for foot orthotic insoles is growing faster due to the increasing prevalence of diabetes and arthritis globally. According to the WHO, approximately 422 million people worldwide suffer diabetes, with many of them living in low and middle-income countries, and diabetes is directly liable for 1.5 million fatalities per year.

Besides this, the rising cases of musculoskeletal disorders are expected to drive the market growth of foot orthotic insoles. As per the data of the World Health Organization, around 1.71 billion people in the world are living with musculoskeletal disorders. The primary reasons for this cause of harsh work environment and performance work. However, the person with musculoskeletal can carry on their chores pain-free by using foot insoles.


Foot Orthotic Insoles Market
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Foot Orthotic Insoles Sector: Growth Drivers and Challenges

Growth Drivers

  • Increasing Geriatric Population – Another significant aspect that is anticipated to fuel the growth of the foot orthotic insoles market is the increase in the elderly population. As advancing years, the bones lose calcium, which weakens the bones' bones and ligaments in the foot. Moreover, the fatty padding beneath the foot thins, which results in decreased support and cushioning for the bones, particularly the heel bone. As per UN reports, in 2020, there were 727 million people worldwide who were 65 or older. By 2050, this figure is expected to more than double, reaching over 1.5 billion people.
  • Rising Prevalence of Chronic Foot Ailments – The market has witnessed growth owing to an increase in the prevalence of chronic foot ailments such as hammertoes, blisters, bunions, corns and calluses, claw and mallet toes, ingrown toenails, toenail fungus, and athlete's foot. Many medical disorders, including diabetic foot ulcer, plantar fasciitis, bursitis, and arthritis, might contribute to this disease. Thus, doctors recommend foot orthotic insoles to prevent discomfort from these disorders. According to NCBI, the annual prevalence of foot ulcers worldwide in 2021 ranges from 9.1 to 26.1 million.
  • Technological Advancement – 8sole is a pioneer in 3D-printed foot orthotic. Custom-made prescription orthotics like these have set new benchmarks for foot comfort, pain relief, and medical care, due to their superior biomechanics, these insoles only exert 50% of the total load while standing and about 120% while walking

Challenges

  • High Cost of Custom Orthotic Insoles- The high cost of custom foot orthotic insoles is one of the major growth limiting factors to the market. Several kinds of custom orthotics are uniquely created to fit a particular foot and treat individual foot ailments. In contrast to over-the-counter insoles, these products are typically more expensive. To illustrate, the typical custom orthotic insoles range in price from USD 200 to USD 800. There are several factors that are responsible for its high cost such as high fabrication cost, high material quality and customization. Further, during previous years, it has been witnessed that product prices have grown rapidly which has negatively impacted product demand in several countries.
  • Slow rate of penetration
  • Weak network of supply chain

Foot Orthotic Insoles Market: Key Insights

Base Year

2022

Forecast Year

2023-2035

CAGR

6.78%

Base Year Market Size (2022)

USD 3.5 Billion

Forecast Year Market Size (2035)

USD 8.2 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Europe (Germany, France, U.K., Italy, Spain, Netherlands, Russia, Rest of Europe)
  • Asia-Pacific (China, Japan, India, South Korea, Australia, Singapore, Rest of Asia-Pacific)
  • Latin America (Brazil, Argentina, Mexico, Rest of Latin America)
  • Middle East& Africa (GCC, Israel, South Africa, Rest of Middle East & Africa)
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Foot Orthotic Insoles Segmentation

Material {(Thermoplastics, Polyethylene Foams, Leather, Cork, Composite Carbon Fibers, Ethyl-Vinyl Acetates (EVAs)}

The ethyl-vinyl acetates (EVAs) foot orthotic insoles segment is estimated to gain the largest market revenue of USD 2.1 billion over the projected time frame. The growth of the segment can be attributed to the widespread use of ethyl vinyl acetate in the manufacture of orthotic insoles and the prevalence of foot deformities and foot pain. Additionally, the increase in the number of elderly people prone to rheumatoid arthritis has fueled the growth of the ethyl vinyl acetate segment.

Type (Pre-Fabricated, Custom-Made)

The custom-made foot orthotic insoles segment in the foot orthotic insoles is estimated to surpass more than  USD 5.7 billion over the projected time due to high consumer preference. The improved manufacturing flow capacity facilitates faster production and decreased manufacturing expenses. Furthermore, the increasing prevalence of foot conditions including clubfoot, hammertoe and bunion, and plantar fasciitis, tendinitis has increased the demand for personalized insoles.

Our in-depth analysis of the global market includes the following segments:

     Material

  • Thermoplastics
  • Polyethylene Foams
  • Leather
  • Cork
  • Composite Carbon Fibers
  • Ethyl-Vinyl Acetates (EVAs)

     Type

  • Pre-fabricated
  • Custom-made

     Age Group

  • Adults
  • Pediatrics

     Distribution Channel

  • Online
  • Offline

     Application

  • Medical
  • Personal Comfort

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Foot Orthotic Insoles Industry- Regional Synopsis

North American Market Forecast

North America is expected to lead the global foot orthotic insoles market by garnering a market revenue of USD 3.2 billion by growing at a CAGR of 6.54% over the forecast period. The growth is due to increased investment from both public and private players, as well as the contribution of core market leaders for improved virtual trial solutions. It has a significant revenue share in the global market, owing to an increase in R&D activities and growing rate of manufacturers in the product fabrication.

European Market Statistics

The European foot orthotic insoles market is estimated to be the second largest, registering a share of USD 2.5 billion by the end of 2035 by growing at a CAGR of 6.79% over the projected time frame. The growth of the market can be attributed majorly to the rising cases of arthritis in the region. In the last 30 years, the cases of osteoarthritis have increased by 54%. Moreover, currently in Western Europe, there are nearly 57 million people are suffering from arthritis. On the other, the healthcare infrastructure in Europe is vast and strong making it accessible to every individual there.

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Foot Orthotic Insoles Market Size
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Companies Dominating the Foot Orthotic Insoles Landscape

top-features-companies
    • Foot Science International
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Aetrex Inc.
    • Superfeet Worldwide, Ltd.
    • Algeos Ltd.
    • Digital Orthotics Laboratories Australia Pty Ltd
    • DARCO Medical India Pvt. Ltd.
    • Foot Levelers, Inc.
    • Bauerfeind
    • Footlogics USA
    • PROFOOT INC.
    • SIDAS

In-the-news

In The News

  • The Professional Ski Instructors of America and the American Association of Snowboard Instructors (PSIA-AASI) partnered with Sidas and Therm-ic to provide its members with exclusive access to sport-specific insoles, performance socks, and temperature control products such as boot heater kits. This collaboration seeks to offer PSIA-AASI members access to equipment that will allow them to perform at their best while remaining comfortable while they teach others how to ski and ride.
  • the DOLA iPhone scanning guide was introduced by Digital Orthotics Labs Australia Pty Ltd. With capabilities like attaching clinical images and clinical comments, as well as immediate one-touch purchase of orthotics, the scanning tools make it simple to scan foam impression boxes and feet.

Author Credits:  Radhika Gupta, Shivam Bhutani


  • Report ID: 4528
  • Published Date: Sep 06, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing prevalence of diabetes, arthritis and other chronic disease worldwide and rising healthcare expenditure are the major factors driving the market growth.

The market is anticipated to attain a CAGR of 6.78% over the forecast period, i.e., 2023 – 2035.

The major players in the market are Foot Science International, Aetrex Inc., Superfeet Worldwide, Ltd., Algeos Ltd., Digital Orthotics Laboratories Australia Pty Ltd, DARCO Medical India Pvt. Ltd., Foot Levelers, Inc., Bauerfeind, Footlogics USA, PROFOOT INC., SIDAS and others.

The ethyl-vinyl acetates (EVAs) foot orthotic insoles segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
Foot Orthotic Insoles Market Report Scope
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