세계 발 교정용 깔창 시장 예측(2023-2028년)

The foot orthotic insoles market is expected to grow at a CAGR of 6.04% from US$3.439 billion in 2021 to US$5.183 billion in 2028.

Orthotic insoles are medical devices worn inside the shoe on a prescription to treat foot issues and ease discomfort. These are customizable and constructed in a way to last for many years. The rising cases of foot ailments and the prevalence of foot ulcers causing chronic diseases are contemplated to propel the foot orthotic insoles market. Moreover, the adoption of technological advancements such as 3D printing and other initiatives by companies to increase awareness is further expected to bolster the foot orthotic insoles market.

Growing Prevalence of Foot Ailments

There are various foot ailments such as verrucae, corns & callouses, bunions, and athlete's foot, and rising cases of these ailments are expected to widen the foot orthotic insoles market. According to the National Insitute of Health, verrucae has a higher rate, especially in school-going children ranging from 10% to 20%. Pain, inflammation, or injury can be brought on by foot ailments and these ailments may impair mobility and range of motion. Therefore, the huge affected population and its adverse effects are expected to propel the foot orthotics insoles market.

Increasing Prevalence of Chronic Disorders

Chronic disorder such as diabetes causes foot ulcer and rising cases of diabetes indicate the demand for insoles thereby propelling the foot orthotic insoles market. For instance, currently, there are approximately 422 million individuals with diabetes globally, and diabetes is directly responsible for 1.5 million fatalities annually as per the WHO. Moreover, diabetes is a major cause of lower limb amputation as per the WHO. Although foot ulcers can happen to anybody with diabetes, maintaining good foot cleanliness can help prevent them. Treatments for diabetic foot ulcers vary depending on their etiology. However, people with type 2 diabetes and other illnesses frequently struggle to combat ulcer-related infections.

Growing Aging Population

Older persons frequently experience foot discomfort and foot problems. Walking and carrying out regular tasks are made more difficult by foot pain. Among elderly adults, one-third experience foot pain, stiffness, or aching feet according to the Aging Health Foundation. The growing aging population indicates the further rise in these foot disorders thereby boosting the foot orthotic insoles market. Since the world's population is aging quickly, it is predicted that 34 countries will have over 20% of their citizens over the age of 65 by 2030 according to the WHO estimation. According to the WHO, people aged 60 years or above will reach 1.4 billion in 2030 from 1 billion in 2020 and it is estimated to further reach 2.1 billion by 2050. This aging population and their higher chances of getting foot disorders are supposed to widen the foot orthotic insoles market.

Rising Technological Advancements in the Field

The technological advancements in the foot orthotic insoles market are prevailing at a higher rate with the adoption of 3D printers for customized insoles and other enhanced features. For a patient's unique requirements, highly precise measurements are recorded, including alignment, range of motion, and even walking stride. By digitally modeling objects and then fabricating them using 3D printing, photopolymerization, and/or injection molding, additive manufacturing creates 3D casts which further reduces production costs and increases customization. The continuous innovation by the market players is further boosting the foot orthotic insoles market. For instance, a new development by Foot Leveler - InMotion+™ custom orthotics incorporates several features and the new addition is Far Infrared Rays (FIR). FIRs reduce pain by influencing the molecules and skin beneath 1.5 inches in the skin.

Opportunities in the Market

The growing prevalence of foot ailments and complemented technological advancements provide an immense opportunity for foot orthotic insoles market growth. Moreover, the campaigns by the leading companies to increase awareness about foot ailments and the benefits of correct footwear further provide an opportunity for new entrants in the foot orthotic insoles market. For instance, recently, Metafix Ortho launched an awareness program at the school level to provide a free assessment of foot profiles to achieve the right correction through expert podiatrists and rehab therapists.

North America is an Expected Dominant Market

The North American region is anticipated to hold a significant share of the foot orthotic insoles market during the forecast period. Various reasons attributed for such a share are the rising adoption of 3D printers for manufacturing customized insoles and growing cases of foot ailments. For instance, Injuries to the feet, bunions, flat feet, or collapsed arches affect about 6% of US citizens annually as per Orthopaedic Associates, USA. According to Orthopaedic Associates of Michigan, at some point in their life, around 75% of Americans are expected to have foot issues. Moreover, the presence of major market players such as Acor Orthopaedics, and Superfeet Worlwide LLC is further expected to boost the foot orthotic insoles market in the region.

Foot Orthotic Insoles Market Players

• Aetrex Inc., a Malaysia-based multinational company is one of the leading players in the orthotics market. It provides orthotic insoles for a variety of ranges including plantar fasciitis, heel pain, flat feet, and ball of foot discomfort. L420 Compete Posted Orthotics and L2220 Memory Foam are some of the products offered by the company for plantar fasciitis.
• Acor Orthopaedic is a US-based manufacturer of orthopedic products and converter of EVA, PE, and PU foam products. It offers prefabricated orthotics & inserts, and custom bracing such as Pediatric Orthotics KidFits™, Carbo-Flex® Footplates, Flat Carbon Foot Plates, Morton's Extension Plate, and others.

Key Market Developments

• In October 2022, Superfeet launched two types of removable insoles specially designed for skiers and snowboarders. These are enabled with hallmark foot stability and moisture-wicking, thermal top cover for warmth which makes them winter comfort.
• In September 2020, Aetrex launched its customized thinnest 3D print orthotic program line in collaboration with EOS. These insoles are made from polypropylene and they also address common foot problems such as plantar fasciitis, arch pain, and metatarsalgia.

Segmentation:

By Material

• Thermoplastics
• Ethyl-vinyl Acetate (EVA)
• Foam
• Composite Carbon Fiber
• Others

By Application

• Sports and Athletics
• Medical
• Personal Comfort

By Distribution Channel

• Hospital Pharmacies
• Retail Stores
• Online Stores

By Geography

• North America
• United States
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• United Kingdom
• Germany
• France
• Spain
• Others
• Middle East and Africa
• Saudi Arabia
• UAE
• Israel
• Others
• Asia Pacific
• Japan
• China
• India
• South Korea
• Indonesia
• Thailand
• Others

TABLE OF CONTENTS

1. INTRODUCTION

• 1.1. Market Overview
• 1.2. Market Definition
• 1.3. Scope of the Study
• 1.4. Market Segmentation
• 1.5. Currency
• 1.6. Assumptions
• 1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY

• 2.1. Research Data
• 2.2. Assumptions

3. EXECUTIVE SUMMARY

• 3.1. Research Highlights

4. MARKET DYNAMICS

• 4.1. Market Drivers
• 4.2. Market Restraints
• 4.3. Porter's Five Force Analysis
  • 4.3.1. Bargaining Power of Suppliers
  • 4.3.2. Bargaining Power of Buyers
  • 4.3.3. Threat of New Entrants
  • 4.3.4. Threat of Substitutes
  • 4.3.5. Competitive Rivalry in the Industry
• 4.4. Industry Value Chain Analysis

5. FOOT ORTHOTIC INSOLES MARKET BY MATERIAL

• 5.1. Introduction
• 5.2. Thermoplastics
• 5.3. Ethyl-vinyl Acetate (EVA)
• 5.4. Foam
• 5.5. Composite Carbon Fiber
• 5.6. Others

6. FOOT ORTHOTIC INSOLES MARKET BY APPLICATION

• 6.1. Introduction
• 6.2. Sports and Athletics
• 6.3. Medical
• 6.4. Personal Comfort

7. FOOT ORTHOTIC INSOLES MARKET BY DISTRIBUTION CHANNEL

• 7.1. Introduction
• 7.2. Hospital Pharmacies
• 7.3. Retail Stores
• 7.4. Online Stores

8. FOOT ORTHOTIC INSOLES MARKET BY GEOGRAPHY

• 8.1. Introduction
• 8.2. North America
  • 8.2.1. United States
  • 8.2.2. Canada
  • 8.2.3. Mexico
• 8.3. South America
  • 8.3.1. Brazil
  • 8.3.2. Argentina
  • 8.3.3. Others
• 8.4. Europe
  • 8.4.1. United Kingdom
  • 8.4.2. Germany
  • 8.4.3. France
  • 8.4.4. Spain
  • 8.4.5. Others
• 8.5. The Middle East and Africa
  • 8.5.1. Saudi Arabia
  • 8.5.2. UAE
  • 8.5.3. Israel
  • 8.5.4. Others
• 8.6. Asia Pacific
  • 8.6.1. Japan
  • 8.6.2. China
  • 8.6.3. India
  • 8.6.4. South Korea
  • 8.6.5. Indonesia
  • 8.6.6. Thailand
  • 8.6.7. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

• 9.1. Major Players and Strategy Analysis
• 9.2. Market Share Analysis
• 9.3. Mergers, Acquisitions, Agreements, and Collaborations

10. COMPANY PROFILES

• 10.1. Thuasne
• 10.2. Acor Orthopaedic, Inc.
• 10.3. Aetrex Inc.
• 10.4. Tynor
• 10.5. Bauerfeind
• 10.6. Superfeet Worldwide, Llc
• 10.7. A. Algeo Ltd.
• 10.8. Foot Science International
• 10.9. Footbalance System Ltd.
• 10.10. Dola Orthotics