Press release
Smart Insole MarketMarket Comprehensive Shares, Historical Trends And Forecast By 2030
Gait analysis equipment integrated in the footwear soles which constantly tracks the movement of the person is known as smart insole. Low cost sensors are used which computes the gait features and constantly transmits the information to the devices including smart watches and smart phones.Get | Download Sample Copy with Graphs & List of Figures:
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Moreover, inclination of healthcare market towards smart insole to track patients’ movement is set to unleash the real market potential. Increasing health awareness among population in developed economies such as North America and Europe is set to bolster the market in long-run.
Regional Outlook
From regional perspective, North America holds largest market share in global smart insole market. Increase in healthcare spending per capita in United States has fueled the demand for smart insoles.
For instance, according to United States National Health Expenditure Accounts (NHEA), U.S. health care spending increased by around 4.6 percent in 2018, reaching US$ $3.6 trillion or $11,172 per person, 3.8 trillion in 2019 which is expected to increase by US$ 4.01 trillion in 2020.
As per CMS estimates the healthcare spending is projected to rise by US$ 6 trillion till 2028. This provides an immense potential for smart insoles market growth in the healthcare arena.
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Key Players.
Key players in global smart insole market are
• Lechal
• Kinematix
• Wiiv Wearables
• Digitsole
• ReTiSense
• Dr. Scholl's (Bayer)
• Implus
• Adidas
• FootLogger
• Sidas
• HCi Viocare Technologies
• Moticon
• Bonbouton
Global smart insole market is partially fragmented in nature with presence of many international players. Key players in market are focused towards expansions through research & development. These players aim to provide a scattering range of smart insole suited for different purposes.
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The Smart Insole Market Report Covers Exhaustive Analysis On:
• Market Segments
• Market Dynamics
• Market Size & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain
By segment:
Insole Type
• Comfort Insoles
• Molded Insoles
• Custom Orthotics
Material Type
• Polypropylene
• Leather
• Other
By End-use
• Sports
• HealthCare
• Others
By Geographic Regions
• North America
• Latin America
• Europe
• East Asia
• South Asia & Oceania
• Middle East & Africa
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