Asia Pacific Foot Orthotic Insoles Market Drivers and Forecasts by 2027

Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027

Asia Pacific Foot Orthotic Insoles Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Product Type ( Customized and Prefabricated ); Material (Thermoplastics, Polyethylene foams, Leather, Cork, Composite Carbon Fibers, Ethyl-vinyl acetates (EVAs), Gel, and Others ); Application ( Sports and Athletics, Medical, and Personal Comfort ); Distribution Channel ( Drug Stores, Hospitals and Specialty Clinics, Online Stores, and Others ), and Country

Report Code : TIPRE00016093
Category : Life Sciences

No. of Pages : 146

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The Asia Pacific foot orthotic insoles market is expected to reach US$ 1,117.51 million by 2027 from US$ 686.93 million in 2019. The market is estimated to grow at a CAGR of 6.4% from 2020 to 2027.

The growth of the market is attributed to the increasing incidence of diabetes, arthritis, and other foot conditions and growing demand from sports sector. However, less adoption of foot orthotic insoles due to lack of awareness in emerging economies hinders the growth of the foot orthotic insoles market.

Asia Pacific Foot Orthotic Insoles market is expanding quickly, driven primarily by increasing awareness regarding foot related issues and its various applications. The increasing prevalence of diabetes has become a global public health concern worldwide. China ranks number one, with the highest number of people with diabetes. The prevalence of diabetes and diabetic complications increased alarmingly in the last few years. As per the WHO, almost 10% of all adults in China – about 110 million people – currently live with diabetes. The number is expected to increase to 150 million by 2040 – with major health, social and economic consequences. Environmental factors such as obesity, aging, diet, and physical activity; genetic factors; contributed in accelerating diabetes population. Chronic wounds, such as diabetic foot ulcers and venous leg ulcers, have brought substantial challenges to millions of patients worldwide.

Asia Pacific Foot Orthotic Insoles Market Revenue and Forecast to 2027 (US$ Million)

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Asia Pacific Foot Orthotic Insoles Market Segmentation

By Product Type

Customized
Prefabricated

By Material

Thermoplastics
Polyethylene foams
Leather
Cork
Composite Carbon Fibers
Ethyl-vinyl acetates (EVAs)
Gel
Others

By Application

Sports and Athletics
Medical
Personal Comfort

By Distribution Channel

Drug Stores
Hospitals and Specialty
Online Stores
Others

By Country

China
Japan
India
Australia
South Korea
Rest of Asia Pacific

Company Profiles

Aetrex Worldwide, Inc
Bauerfeind AG
OttoBock
Superfeet Worldwide Inc.
Sidas
Algeos
Yellow Wood Partners, LLC

Asia Pacific Foot Orthotic Insoles Report Scope

Report Attribute	Details
Market size in 2019	US$ 686.93 Million
Market Size by 2027	US$ 1,117.51 Million
Global CAGR (2020 - 2027)	6.4%
Historical Data	2017-2018
Forecast period	2020-2027
Segments Covered	By Product Type Customized and Prefabricated By Material Thermoplastics Polyethylene foams Leather Cork Composite Carbon Fibers Ethyl-vinyl acetate Gel By Application Sports and Athletics Medical Personal Comfort By Distribution Channel Drug Stores Hospitals and Specialty Clinics Online Stores
Regions and Countries Covered	Asia-Pacific China India Japan Australia Rest of Asia-Pacific
Market leaders and key company profiles	Aetrex Worldwide, Inc Bauerfeind AG OttoBock Superfeet Worldwide Inc. Sidas Algeos Yellow Wood Partners, LLC