Rising prevalence of obesity and disorders associated with it are expected to drive the global orthotic foot insoles market in the forecast period. Fortune Business Insights shares key market insights in its report, titled “Orthotic Foot Insoles Industry 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)”. A comprehensive market analysis and its major driving factors are contained in the report.
Aging Populations to Spur Market Growth
With increasing geriatric populations in developed countries, the global orthotic foot insoles market is set to get a major thrust. One in every four aged people commonly suffers from chronic foot pain and foot disorders, such as arthritis, which deteriorates their quality of life. Orthotic insoles can help in mitigating the effects of foot problems and can even alleviate their suffering to a great extent. As a result, the global market will grow at a considerable pace.
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- Prefabricated Foot Insoles
- Customized Foot Insoles
- Sports & athletics
- Personal comfort
- Polyethylene foams
- Ethyl-vinyl acetates (EVAs)
- Composite carbon fibre
By Age Group
By Distribution Channel
- Drug stores
- Hospitals & speciality clinics
- Online stores
- 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)
Highlights of the Report
- In-depth analysis of various insights, namely, Orthotic Foot Insoles Market trends, growth drivers, opportunities, and other related challenges.
- Comprehensive details of key market players, their core competencies, and market shares.
- The potency of suppliers and buyers to make better business decisions.
- Lists out the market size in terms of volume.
KEY QUESTIONS ANSWERED:
What is the market size and growth rate of the global and regional market by various segments?
What is the market size and growth rate of the market for selective countries?
Which region or sub-segment is expected to drive the market in the forecast period?
What Factors are estimated to drive and restrain the market growth?
What are the key technological and market trends shaping the market?
What are the key opportunities in the market?
What are the key companies operating in the market?
Which company accounted for the highest market share?
Why Choose Fortune Business Insights?
North America to Command a Leading Market Position; Asia-Pacific to Register Highest CAGR
North America is expected to generate the largest share in the global orthotic foot insoles market revenue, followed closely by Europe. This is primarily owing to a fast increasing geriatric population, adoption of advanced treatment methods, and a well-developed domestic manufacturing sector. In terms of CAGR, Asia-Pacific is expected to be the leading region, mainly on account of aging populations in China and Japan.
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