Press Release

Orthotic Foot Insoles Market 2019 Global Industry Size, Demand, Future Trends, Growth Key Factors

Orthotic Foot Insoles Market

The Global Orthotic Foot Insoles Market to gain from rapid technological advancements taking place in the market. Recently Fortune Business Insights has published a report, titled Orthotic Foot Insoles Market Size, Share and Global Trend By Product (Prefabricated Foot Insoles, Customized Foot Insoles), By Application (Medical, Sports & athletics, Personal comfort), By Material (Thermoplastics, Polyethylene foams, Ethyl-vinyl acetates (EVAs), Leather, Composite carbon fibre), By Age Group (Adult, Paediatric), By Distribution Channel (Drug stores, Hospitals & speciality clinics, Online stores).

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Top Key Players Covered:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the global Orthotic Foot Insoles market. Some of the companies operating the global Orthotic Foot Insoles market are;

  • penco Medical Corporation
  • Aetrex Worldwide Inc.
  • Hanger Orthoepedic Group Inc.
  • Bayer AG (Dr. Scholl’s)
  • Ottobock Holding Gmbh & Co. Kg
  • Footbalance System Ltd.
  • Tynor Orthotics Pvt. Ltd
  • Soloscience Inc.
  • DM Orthotics Ltd
  • Acor Orthopedic, Inc.
  • Foot Science International
  • Birkenstock digital GmbH.

Rapid adoption of digitalization among practitioners and patients is likely to fuel the demand in the global Orthotic Foot Insoles market. Additionally, increasing per capita income and rising living standards is expected to drive the global Orthotic Foot Insoles market during the forecast period 2018-2025.

However, high cost associated with the devices and lack of skilled professional to operate the system are a few factors that may hamper the growth in the global Orthotic Foot Insoles market.

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In-Depth Regional Analysis:

North America is estimated to remain leading in orthotic foot insoles market during the forecast period, which is attributable to the rising adoption of the population in the U.S. for advanced medical technologies, and increasing number of domestic manufacturers in North America. Europe is likely to be the second most prominent region in terms of revenue by 2026.  

As stated in the report North America holds a significant share in the market. The trend is unlikely to change and North America may continue holding its position. The growth witnessed is attributable to high presence of key developers in nations such as Canada and U.S.

The Asia Pacific Orthotic Foot Insoles market is expected to expand at a promising CAGR during the forecast period. The constantly improving healthcare infrastructure in the region is expected to contribute to Asia Pacific market expansion.

The analysis conducted in the report is based on industry leading tools and techniques. The report prepared by Fortune Business Insights, offers innovative strategies based on various analysis. The information offered is collected from reliable primary and secondary sources. The report also provides information about key companies operating in the market.

Key Segmentation: 

By Application

  • Medical
  • Sports & athletics
  • Personal comfort

By Geography

  • North America (USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

Major Table of Content For Orthotic Foot Insoles Market:

  1. Introduction
  2. Executive Summary
  3. Market Dynamics
  4. Key Insights
  5. Global Orthotic Foot Insoles Market Analysis, Insights and Forecast, 2014-2025
  6. North America Orthotic Foot Insoles Market Analysis, Insights and Forecast, 2014-2025
  7. Europe Orthotic Foot Insoles Market Analysis, Insights and Forecast, 2014-2025
  8. Asia Pacific Orthotic Foot Insoles Market Analysis, Insights and Forecast, 2014-2025
  9. Middle East and Africa Orthotic Foot Insoles Market Analysis, Insights and Forecast, 2014-2025
  10. Latin America Orthotic Foot Insoles Market Analysis, Insights and Forecast, 2014-2025

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Dale Martinez

Dale possesses an engineering degree in Electronics from the Georgia Institute of Technology. She is the sole contributor at the Healthcare IT column. Before opting to write, Dale worked at major firms such as Microsoft, Amazon, GE, Raytheon, and so on. She possesses vast knowledge about a variety of fields like IT, IoT, Telecommunications, Health Dialysis, photovoltaic, and many others. Dale is also a ballet dancer.

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