The foot orthotic insoles market was valued at US$ 3.88 billion in 2021 and is expected to reach US$ 7.19 billion by 2031. The market is expected to register a CAGR of 7.6% in 2023–2031. 3D-printed orthotic insoles will likely remain a key foot orthotic insoles market trend.

Foot Orthotic Insoles Market Analysis

Foot orthoses, or orthotics, are devices made to be inserted into the shoes, providing off-loading foot structures and cushioning. Prefabricated foot orthoses, also called over-the-counter or non-prescription, are mass-produced based on foot sizes. Custom-made foot orthoses are made from a plaster cast or 3-D laser scan of the foot and are countered devices. Foot orthoses are attached to the standard medical care of patients with foot and lower limb problems, including rheumatoid arthritis, plantar heel pain, pronated foot, and diabetic risk plantar.

Foot Orthotic Insoles Market Overview

The growth is driven by increased demand for foot orthotics manufactured to order. These materials are produced to order following a thorough assessment of the user's foot structure. Orthotics that are custom-made offer clinically-proven benefits over prefabricated ones, including enhanced comfort and pain relief. End customers are calling for more and more 3D-printed orthotics. These are more proprioceptive and gait efficient than traditional ones, and their slimmer design is driving the market's expansion. Important companies are also consistently funding research and development projects to use 3D printing to create insoles that fit and feel better. More opportunities for foot orthotic insoles will be presented throughout the forecast period in the global market.

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Foot Orthotic Insoles Market: Strategic Insights

Foot Orthotic Insoles Market

• 
  CAGR (2023 - 2031)

  7.6%
• Market Size 2021
  US$ 3.88 Billion
• Market Size 2031
  US$ 7.19 Billion

Market Dynamics

GROWTH DRIVERS

• Increasing Prevalence of Chronic Foot Conditions

FUTURE TRENDS

• 3D-printed orthotic insoles

OPPORTUNITIES

• Increase in Adoption of Digital Platforms

Key Players

• Bauerfeind AG
• Superfeet Worldwide, Inc.
• Aetrex Worldwide, Inc.
• Hanger, Inc.
• Otto Bock HealthCare Gmbh
• ComfortFit Orthotic Labs Inc.
• Footbalance System Ltd.
• Birkenstock Orthopädie GmbH & Co. KG
• Sidas SAS

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

Product Type

• Customized
• Prefabricated

Material

• Thermoplastics
• Polyethylene foams
• Leather
• Cork
• Composite Carbon Fibers
• Ethyl-vinyl acetates

Application

• Sports and Athletics
• Medical
• Personal Comfort

Distribution Channel

• Drug Stores
• Hospitals and Specialty Clinics
• Online Stores
• Others

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Foot Orthotic Insoles Market Drivers and Opportunities

Increasing Prevalence of Chronic Foot Conditions

It is estimated that about 30.0% of people in general suffer from foot soreness. Various medical conditions, such as bursitis, plantar fasciitis, arthritis, and diabetic foot ulcers, can cause this pain. Therefore, to treat these conditions, physicians advise using foot orthotic insoles. The NCBI predicts that 2021, there will be 9.1 million to 26.1 million diabetic foot ulcers worldwide. Furthermore, 20 to 25 percent of people with diabetes mellitus are expected to experience the development of a diabetic foot ulcer. The volume and frequency of diabetic foot ulcers are rapidly increasing worldwide since the disease's increasing prevalence has reached an epidemic level. As a result, the previously mentioned factors are important global market growth drivers.

Increase in Adoption of Digital Platforms – An Opportunity in the Medical Sterile Swabs Market

An online platform allows new entrants to market their products equally and enables consumers to choose and compare from various options available. The digital platform is witnessing increased consumer preference because of technological advances allowing users to scan their foot at home. In recent years, larger platforms such as Amazon and the companies' websites have increasingly dominated digital distribution worldwide. The direct nature of online business channels is a primary characteristic that makes these models practically successful. In the past few years, the number of online retailers and mass distributors has increased significantly due to the ease of purchase and customer-friendly services offered by these channels. Furthermore, there have been partnerships between the manufacturers and distributors for effective distribution network management.

Foot Orthotic Insoles Market Report Segmentation Analysis

Key segments that contributed to the derivation of the foot orthotic insoles market analysis are disorder and service providers.

• Based on product type, the foot orthotic insoles market is segmented into customized, prefabricated. The customized segment held a larger market share in 2023.
• By material, the foot orthotic insoles market is segmented into thermoplastics, leather, polyethylene foams, cork, composite carbon fibers, ethyl-vinyl acetates (EVAs), gel, others. The thermoplastics segment held the largest share of the market in 2023.
• By application, the foot orthotic insoles market is segmented into sports and athletics, medical, and personal comfort. The sports and athletics segment held the largest share of the market in 2023.
• By distribution channel, the foot orthotic insoles market is segmented into drug stores, hospitals and specialty clinics, online stores, others. The hospitals and specialty clinics segment held the largest share of the market in 2023.

Foot Orthotic Insoles Market Share Analysis by Geography

The geographic scope of the foot orthotic insoles market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America.

Technological advances of service providers is further boosting the growth of the market. For instance, Orpyx Medical Technologies Inc. offers Orpyx SI Sensory Insoles that help prevent diabetic foot ulcers. These Custom insoles incorporate sensors to monitor pressure, temperature, and activity. Provides real-time audiovisual alerts and offloading instructions when sustained high-pressure levels occur. A clinical study using Orpyx SI technology showed an 86% reduction in diabetic foot ulcer recurrence. In addition, product launches further boost the market's growth in the forecest period. For instance, in February 2020, PowerStep extended its recovery footwear line by launching the new Fusion Recovery Men’s Slippers. These slippers provide the perfect blend of PowerStep’s trusted support and stability in a true orthotic slipper to help alleviate pain from Plantar Fasciitis and other common foot conditions. The popularity of foot orthotic insoles has also increased among athletes, which has led to the launch of new products. For instance, in June 2019, Powerstep launched the PULSE Sport in a full-length option. The new PULSE Sport Full Length is an ultra-thin, full-length insole with an exposed shell, combining our standard support shell with dual-layer EVA/VCT cushioning foam for full-foot comfort.

Foot Orthotic Insoles Market Report Scope

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Foot Orthotic Insoles Market News and Recent Developments

The foot orthotic insoles market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for foot orthotic insoles:

• The iPhone scanning app, called DOLA, was just released by Digital Orthotics Laboratories Australia Pty Ltd. It allows users to scan, consult, and order orthotics. (Source: Digital Orthotics Laboratories, 2022).
• A well-known business specializing in custom orthotic insoles and wellness footwear, Foot Solutions, has announced that it has acquired Happy Feet Plus, a store located in Florida. (Source: Foot Solutions, Press Release, 2022).

Foot Orthotic Insoles Market Report Coverage and Deliverables

The “Foot Orthotic Insoles Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
• Market dynamics such as drivers, restraints, and key opportunities
• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis
• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
• Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
• Detailed company profiles