Foot Orthotics Insoles Market Trends, Future Outlook, Growth, Analysis and Forecast 2023-2029

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.

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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.

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