Orthotic Foot Insoles Market, By Product (Leather, Polypropylene, polyethylene foams, and others), By End User (Sports, Medical, and Other), and By Region - Trends, Analysis, and Forecast till 2034

Report Code: PMI454320 | Publish Date: January 2024 | No. of Pages: 170

Global Orthotic Foot Insoles Market Overview

Orthotic Foot Insoles Market was valued at USD 4.8 Billion in 2024 and is projected to grow at a CAGR of 8.2% to reach USD 9.9 Billion by 2034.

According to the National Institute of Health (NIH) plantar fasciitis or fasciopathy, plantar heel pain (PHP) is thought to be responsible for 11–15% of adult foot problems every year that need medical attention.Orthotic Foot Insoles Market are prescribed medical devices that are worn inside the shoe to correct biomechanical foot issues like run, stand, and walk. The orthotics is a medicine associated with the planning, manufacture, and application of orthoses. These insoles are proposed to support or correct the abnormal or unusual walking pattern.

The working includes changing the angle at which the foot strikes while walking and hence aid the limb or the torso to revive the positioning of the foot. supported the merchandise , it's differentiated into leather, cork, composite carbon fibers, thermoplastics, ethyl vinyl acetates (EVA), polyethylene foams, et al. . The polyethylene foams are majorly used due to widespread usage. These insoles help foot pain caused by health conditions like plantar fasciitis, bursitis, arthritis, and diabetes. Insoles are very flexible and are used to offer extra cushioning to the foot and provide support and luxury to the patient’s arches. The benefit includes improving the general health of the foot and ankle, aligning the feet and ankles to support the body, and preventing foot deformities. They find extensive application in sports & athletics, medical, and private comfort.

Introduction - Orthotic Foot Insoles Market

Global Orthotic Foot Insoles Market Drivers & Restraints

Increasing demand for custom-made foot orthotics

Increasing demand for custom-made foot orthotics is fueling the market growth. These products are custom made after a complete evaluation of the foot structure of the user. Tailor-made orthotics has clinically proven advantages over prefabricated ones in terms of better pain management and comfort. There is an increasing demand for 3D printed orthotics among end-users. These are thinner as compared to traditional ones, with increased gait efficiency and proprioception, which is boosting the market growth. According to world population statistics, the population aged over 60 is slated to increase from 962 million in 2017 to 2.1 billion in 2050, which will increase the consumer base in future. Moreover, technological advancements due to high ongoing investments in R&D are expected to increase growth potential in the coming years.

Rapid urbanization and associated lifestyle diseases

Rapid urbanization, particularly in developing countries, is leading to a change in lifestyle, which is attributing to various health disorders. The main contributing factor for such diseases is a sedentary lifestyle. There is also a surge in disorders associated with lifestyle such as drug and smoking addiction, obesity, foot disorders owing to wearing of ill-fitting or high heel shoes. The growth of these disorders is particularly alarming in developed countries and some developing countries of Asia Pacific region and North Africa. According to the WHO, out of all the orthopedic ailments reports, over 35% are related to lower back and lower limbs, with the majority of patients falling in the category of 22-40 years of age. This trend is observed owing to the changing lifestyles of people, growing sedentary working practices, which involves sitting at the work desk all day.  Although some disorders can permanently damage the tissues and bones in the leg, some can be prevented or managed through the use of temporary orthotic supports such as bunion supports and gait correction devices. The growing incidence of lifestyle-associated orthopedic disorders is set to increase the use of foot orthotic devices for treatment as well as prevention of pain.

Global Orthotic Foot Insoles Market Segmentations & Regional Insights

The orthotic foot insoles market is segmented based on product, end user and region.

On the basis of product, the global orthotic foot insoles market is segmented into leather, polypropylene, polyethylene foams, and others.

Based on end user, the global orthotic foot insoles market is segmented into sports, medical, and other.

Regional Insights:

On region the global orthotic foot insoles market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounted for the largest revenue share in the global market in 2018 owing to rising prevalence of diabetes in this region. In addition, an increase in sports activities drives market demand. Technological advancements due to high ongoing investments in R&D are expected to increase growth potential in the coming years. The focus of the U.S. healthcare system on quality of care and value-based services has led to a favorable environment for foot orthotics. Moreover, Asia Pacific is expected to witness lucrative growth owing to factors such as high target population and technological advancements. In addition, improving health consciousness has benefitted this regional market. The demand for prefabricated and custom insoles is significantly high in this region, due to high incidence of chronic diseases such as musculoskeletal disorders and diabetes.

Report Scope:

Attribute

Details

Market Size 2024

US$ 4.8 billion

Projected Market Size 2034

US$ 9.9 billion

CAGR Growth Rate

8.2%

Market Segmentation

By Product- Leather, Polypropylene, polyethylene foams, and Others
By End User- Sports, Medical, and Other

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the global orthotic foot insoles market report based on product, end user and region.

Orthotic Foot Insoles Market, By Product:

  • Leather
  • Polypropylene
  • polyethylene foams
  • Others

Orthotic Foot Insoles Market, By End User:

  • Sports
  • Medical
  • Other

Orthotic Foot Insoles Market, By Region:

  • North America
    • Middle East & Africa
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East & Africa
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
    • Europe
      • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
    • U.S.
    • Canada

Global Orthotic Foot Insoles Market Competitive Landscape & Key Players

The key players operating in the global orthotic foot insoles market includes Superfeet, Implus, Sidas, OttoBock, Bauerfeind, Aetrex Worldwide, Wintersteiger, Powerstep, Footbalance Systems, Comfortfit Labs, and Euroleathers. The market is especially characterized by collaborations and partnerships between the businesses and acquisitions of smaller players as a part of strategic expansion as well as launching their new product specimen. For instance, In February 2017, Aetrex acquired 3D printed orthotics pioneer SOLS Systems with an aim to improve its 3D product portfolio.

Global Orthotic Foot Insoles Market Recent News

Recent Developments:

In July 2021, Reckitt announced the complete acquisition of BioFreeze a pioneer in topical over-the-counter pain management and TheraPearl a pioneer in high-end thermal and cooling therapies from Performance Health to increase its footprint in North America market sector

Global Orthotic Foot Insoles Market Company Profile

FAQs

Orthotic Foot Insoles Market was valued at US$ 4.8 billion in 2024 and is projected to grow at a CAGR of 8.2% to reach US$ 9.9 billion by 2034.

The market report has been segmented on the basis of product, end user, and region.

the demand for custom and 3D-printed insoles, the focus on innovative materials for enhanced comfort and support, and advancements in digital foot mapping technologies, presenting significant opportunities in the global Orthotic Foot Insoles Market.

increasing prevalence of foot-related issues, the rise in awareness about foot health, advancements in biomechanics research, and the growing adoption of orthotic insoles for preventive and therapeutic purposes.

North America, Europe, and Asia-Pacific are likely to be key regions, but the situation is dynamic, and it's advisable to refer to the latest reports for the most current information

The prominent player operating in the orthotic foot insoles market includes Superfeet, Implus, Sidas, OttoBock, Bauerfeind, Aetrex Worldwide, Wintersteiger, Powerstep, Footbalance Systems, Comfortfit Labs, and Euroleathers.