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Foot Orthotics Insoles Market Report


Company Analysis, History and Future Overview, Global Sales Trends by 2025


Published Date: 2019-10-07   |   Pages: Ongoing   |   Tables: Ongoing   |  Report ID: 8145 |  Industry: Consumer Goods  |   Format : pdf word ppt excel



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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

world_regions

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.

QYR Consulting uses its core strength to identify the trends that will shape the consumer goods industry in the coming decades. The launch of innumerable innovative products has dramatically changed lifestyles and outlook toward living. Relentless sales of a wide range of consumer goods have opened up growth avenues for several other industries such as electronics, clothing, and food and beverages amongst others. The reports listed below study how the changing economy, improving GDP, and rising purchasing power have created a fertile ground for growth of the consumer goods industry.

QYR Consulting deep dives into the changing patterns of the consumer goods industry that is spread over both developing and developed parts of the world. It estimates the market fluctuations and helps its readers to prepare for ever-changing consumer demands. The reports focus on giving the readers a thorough understanding of the competitive strategies of the companies to make meaningful business decisions.

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Why QYR Consulting?


We are committed to delivering the best solutions and we offer a 24*7 helpline.


We promise superior quality of authenticated data.


We offer help and advice across varying time zones.


We boast a strong team of experienced analysts.


We have an exhaustive repository of published reports.


Read More

Contact us Directly

USA
 +1 626 428 8800

India
  +91 20 67104444

Beijing
  +86 108 294 5717

For Enquiry : sales@qyrconsulting.com

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Why QYR Consulting?


We are committed to delivering the best solutions and we offer a 24*7 helpline.


We promise superior quality of authenticated data.


We offer help and advice across varying time zones.


We boast a strong team of experienced analysts.


We have an exhaustive repository of published reports.


Read More

Contact us Directly

USA
 +1 626 428 8800

India
  +91 20 67104444

Beijing
  +86 108 294 5717

For Enquiry : sales@qyrconsulting.com

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NOTE - The analysis, thoughts, views, facts, and opinions expressed in this report are of the respective research analysts. QYR Consulting does not necessarily endorse it or it is also not essentially formal views of QYR Consulting.



Foot Orthotics Insoles Market Report