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Foot Orthotics Insoles Market Trends, Future Outlook, COVID-19 Impact Analysis, Forecast 2023-2029

02-24-2023 09:22 AM CET | Health & Medicine

Press release from: Orion Market Research

Foot Orthotics Insoles Market Trends, Future Outlook, COVID-19

The global foot orthotics insoles market is anticipated to grow at a CAGR of 6.4% during the forecast period. Technological advancements in the foot orthotics insoles are attributing market growth during the forecast period. People who are suffering from foot pain make it difficult to achieve their regular activities such as running, walking, climbing stairs, and others. The problems associated with foot pain are pushing manufacturers to make and launch advanced foot insoles for their customers which will ease their problems. 3D printing opens up possibilities for creating shapes which is not possible with traditional production techniques. Furthermore, 3D insoles designed for individuals can either flex in different directions or have adjustable rigidity for foot correction and support, providing effective relief from pain and foot fatigue. Moreover, the open structure of 3D-printed insoles allows free air circulation and reduces perspiration. Thus, the launch of advanced foot insoles such as based on 3D print and customized insoles is expected to provide lucrative growth to the foot orthotics insoles market during the forecast period.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/foot-orthotics-insoles-market

Recent Developments

• In March 2022, Winston-Salem startup inStryde launches SmartFit, an AI-driven online platform for custom insoles delivered to a customer's doorstep via smartphone. The customer's feet are scanned through a smartphone camera. Stryde's A.I. and computer vision-based process takes measurements and generates a custom insole design, ready for 3D printing. The custom insoles (ones that fit a customer's feet and shoes) are delivered directly to their doorstep.

• In January 2022, Rodin4D launched a new solution dedicated to orthopedic insoles, called Arkad. It is based on a 3-step process: data acquisition from a 3D scan, insole design using dedicated software, and finally manufacturing using 3D printing. Intended for orthopedic professionals, this digital flow allows the creation of personalized insoles in a few hours directly from the practitioner's office.

Market Coverage

• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Product
o By Application
o By Distribution Channel
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Acor Orthopedic, Amfit Inc., Bauerfeind AG, Blatchford Ltd., Hanger, Inc., Impulse Footcare LLC, and Scholl's Wellness Co.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Foot Orthotics Insoles Market Report by Segment

By Product

• Thermoplastics
• Polyethylene foams
• Leather
• Cork
• Composite carbon fibers
• Ethyl-vinyl acetates (EVAs)
• Others (Gel)

By Application

• Sports & Athletics
• Medical
• Personal Comfort

By Distribution Channel

• Drug Stores
• Hospitals & Specialty Clinics
• Online Stores
• Others (Retail Shops and Foot Stores)

A full report of Foot Orthotics Insoles Market is available at: https://www.omrglobal.com/industry-reports/foot-orthotics-insoles-market

Global Foot Orthotics Insoles Market Report by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Algeo Ltd.
• Acor Orthopedic
• Aetrex Worldwide Inc.
• Amfit Inc.
• Arden Orthotics Ltd.
• Bauerfeind AG
• Birkenstock Digital GmbH
• Blatchford Ltd.
• Bolton Bros
• Cascade Dafo Inc.
• Create O&P
• Digital Orthotics Laboratories Australia Pty Ltd.
• Foot Science International
• Hanger, Inc.

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

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Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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