Europe Foot Orthotic Insoles Market Dynamics and Trends by 2027

The Europe foot orthotic insoles market is expected to reach US$ 1,621.89 million by 2027 from US$ 1,096.89 million in 2019. The market is estimated to grow at a CAGR of 5.2% 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, high cost of foot orthotic insoles hinders the growth of the Europe Foot Orthotic Insoles market

Rising diabetes-associated risks such as diabetic foot ulcers and pressure sores are boosting the demand for foot orthotic insoles. Diabetic foot ulcers (DFUs) are severe and chronic. As per the International Diabetes Federation (IDF), Germany is one of the 57 countries of the IDF EUR region. 463 million people have diabetes in the world and more than 59 million people in the EUR Region; by 2045 this will rise to 68 million. The demand for the foot orthotic insoles has seen a dramatic increase over the past few years due to the increasing prevalence of diseases such as diabetes, obesity, arthritis. Elevated plantar pressures are recognized as one of the risk factors for first ulceration and international guidelines suggest the use of orthotic insoles to reduce pressures. Increasing prevalence of diabetes is expected to boost the adoption of foot orthotic insoles in the coming years. Apart from this, rise in cases of rheumatoid arthritis (RA) is likely to increase the demand for foot orthotic insoles during the forecast period. RA is a chronic, autoimmune, inflammatory disease that causes swelling in joints. It commonly affects joints in the hands, wrists, and knees. Rheumatoid arthritis affects around 400,000 adults aged 16 and over in the UK. It can get worse quickly, so early diagnosis and intensive treatment are important. This suggests that for early intervention of the foot in RA is very necessary to avoid further complications..

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

Europe 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

• UK
• Germany
• France
• Italy
• Spain
• Rest of Europe

Company Profiles

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

Europe Foot Orthotic Insoles Report Scope