Foot Orthotics Insoles Market Report

The global foot orthotics insoles market is anticipated to grow with increasing awareness about foot complications associated with diabetes. Foot orthotics insoles could be used to cushion vulnerable midsoles and arches of the feet and also provide arch support. Some types of foot orthotics insoles could be used as shoe deodorizers. Early in 2019, Ottobock, a German prosthetics company, announced that it will host a couple of South by Southwest 2019 panel sessions with panelists ranging from Paralympic athletes to adaptive fashion influencers and models. In a statement, a top-level executive of the company said that Ottobock aims to further support the advancement of orthotics and prosthetics.

Important Points to Remember

●  Demand for foot orthotics insoles to increase due to their high use in treating biomechanical foot problems

●  Manufacturers to adopt advanced technologies and invest in research and development activities to improve their market share

●  Polypropylene to account for a substantial share of the global foot orthotics insoles market

●  North America to show strong growth in the global foot orthotics insoles market

Growing Demand for 3D Printed Orthotics to Contribute to Global Market Growth

Increasing popularity of 3D printed orthotics is anticipated to provide strong support to the growth of the global foot orthotics insoles market. High requirement for orthotics to correct biomechanical foot problems could strengthen the demand for foot orthotics insoles. Doctors could prescribe orthotics or foot orthotics insoles to help relieve foot pain experienced in conditions such as flatfeet, arthritis, bursitis, plantar fasciitis, and even diabetes. Increased adoption of specially designed orthotics for ice skates and ski boots is expected to create sales opportunities for manufacturers of foot orthotics insoles. Important use of orthotics or foot orthotics insoles in improving postural stability and providing targeted relief to the ball of the foot, midsole, and heel could further increase the demand in the global market.

Players to Make Efforts to Enhance Customer Experience to Improve Sales

Some of the leading manufacturers operating in the global foot orthotics insoles market are Superfeet, ProFoot, Implus, DJO, Sidas, Hanger, Ottobock, Euroleathers, Bauerfeind, ComfortFit Labs, Aetrex Worldwide, FootBalance System, Wintersteiger (BootDoc), and Powerstep. In order to cater to the rising demand for custom-made products in the global foot orthotics insoles market, manufacturers are expected to make strong investments in research and development. Innovation, technological advancement, and introduction of new products could be key strategies adopted by players in the global foot orthotics insoles market.

Manufacturers in the global foot orthotics insoles market may also look to further improve the shopping experience of customers. Early in 2019, Powerstep, a US provider of orthotic insoles, recovery footwear, and accessories, announced that customers can now use their flexible spending accounts (FSAs) or FSA debit cards to buy its products.

By Product Type

●  Leather

●  Polypropylene

●  Others

By Application

●  Sports

●  Medical

●  Others

According to market experts, polypropylene is expected to account for a controlling share of the global foot orthotics insoles market among product type segments. It is largely adopted by foot orthotics insoles manufacturers because of its excellent durability, flexibility, and semi-rigidity. Among applications, medical is predicted to secure a significant share of the global foot orthotics insoles market. Sports could be another profit-making application segment, taking into consideration the high use of foot orthotics insoles in basketball and skating shoes.

By Region

North America is anticipated to take the lead in the global foot orthotics insoles market in terms of market share. A considerable percentage of adults and children in the US are diabetic. Non-traumatic and lower limb amputations and foot damage are among major complications of diabetes. According to market analysts, average product prices in the US foot orthotics insoles market could follow a downward trend during the forecast period. Asia Pacific could be another region exhibiting growth in the global foot orthotics insoles market due to increased prevalence of diabetes, musculoskeletal disorders, and other chronic health problems. Customers in this region are expected to increase the demand for customized and prefabricated foot orthotics insoles.

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