The North America Foot Orthotic Insoles Market would witness market growth of 4.8% CAGR during the forecast period (2022-2028).
A sort of device or prosthetic utilized to support the foot is called a foot orthotic, often known as a foot orthosis. Each patient's foot orthotics are customized to suit their particular foot ailment. Orthotics are separate from insoles, which are sometimes confused with them, and are frequently offered in shoe stores.
Orthotics are created and designed in accordance with guidelines provided by a podiatrist. These design requirements may cover the material, form, and kind of orthotics the patient requires. As a result, a podiatrist is the only person who can prescribe foot orthotics. An "externally applied apparatus that can be installed in a shoe to aid support or enhance the function of the foot and/or ankle" is what is typically referred to as a foot orthosis.
An orthotic device's main objectives are to enhance biomechanics, redistribute pressure, or accommodate inherited or acquired abnormalities. The ultimate goal is to establish and maintain near-neutral subtalar joint alignment throughout the gait cycle or the person's highest level of function.
Studies conducted in the United States that took into consideration the occurrence of plantar fasciitis across demographic groupings discovered links between plantar fasciitis and growing older, having a higher body mass index (BMI), and being female. The presence of significant companies, which enables more product availability on the market, and developed healthcare systems in nations like the United States are the main drivers driving the demand for foot orthotic insoles for the treatment of varicose veins.
The US market dominated the North America Foot Orthotic Insoles Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,296.7 Million by 2028. The Canada market is poised to grow at a CAGR of 6.9% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 6.6% during (2022 - 2028).
Based on Distribution Channel, the market is segmented into Hospitals & Clinics, Drug Stores, and Others. Based on Type, the market is segmented into Custom-made and Pre-fabricated. Based on Material, the market is segmented into Thermoplastics, Composite Carbon Fiber, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Foot Orthotic Insoles Market is Estimated to reach $4.5 Billion by 2028, at a CAGR of 5.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Materialise NV, Colfax Corporation, Reckitt Benckiser Group PLC, Hanger Inc., Ossur Hf., Groupe Gorge, Superfeet Worldwide, LLC, Ottobock SE & Co. KGaA, A Algeos Limited, and Bauerfeind AG.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
- Hospitals & Clinics
- Drug Stores
- Others
By Type
- Custom-made
- Pre-fabricated
By Material
- Thermoplastics
- Composite Carbon Fiber
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Materialise NV
- Colfax Corporation
- Reckitt Benckiser Group PLC
- Hanger, Inc.
- Ossur Hf.
- Groupe Gorge
- Superfeet Worldwide, LLC
- Ottobock SE & Co. KGaA
- A Algeos Limited
- Bauerfeind AG
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Foot Orthotic Insoles Market, by Distribution Channel
1.4.2 North America Foot Orthotic Insoles Market, by Type
1.4.3 North America Foot Orthotic Insoles Market, by Material
1.4.4 North America Foot Orthotic Insoles Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Foot Orthotic Insoles Market by Distribution Channel
3.1 North America Hospitals & Clinics Market by Country
3.2 North America Drug Stores Market by Country
3.3 North America Others Market by Country
Chapter 4. North America Foot Orthotic Insoles Market by Type
4.1 North America Custom-made Market by Country
4.2 North America Pre-fabricated Market by Country
Chapter 5. North America Foot Orthotic Insoles Market by Material
5.1 North America Thermoplastics Market by Country
5.2 North America Composite Carbon Fiber Market by Country
5.3 North America Others Market by Country
Chapter 6. North America Foot Orthotic Insoles Market by Country
6.1 US Foot Orthotic Insoles Market
6.1.1 US Foot Orthotic Insoles Market by Distribution Channel
6.1.2 US Foot Orthotic Insoles Market by Type
6.1.3 US Foot Orthotic Insoles Market by Material
6.2 Canada Foot Orthotic Insoles Market
6.2.1 Canada Foot Orthotic Insoles Market by Distribution Channel
6.2.2 Canada Foot Orthotic Insoles Market by Type
6.2.3 Canada Foot Orthotic Insoles Market by Material
6.3 Mexico Foot Orthotic Insoles Market
6.3.1 Mexico Foot Orthotic Insoles Market by Distribution Channel
6.3.2 Mexico Foot Orthotic Insoles Market by Type
6.3.3 Mexico Foot Orthotic Insoles Market by Material
6.4 Rest of North America Foot Orthotic Insoles Market
6.4.1 Rest of North America Foot Orthotic Insoles Market by Distribution Channel
6.4.2 Rest of North America Foot Orthotic Insoles Market by Type
6.4.3 Rest of North America Foot Orthotic Insoles Market by Material
Chapter 7. Company Profiles
7.1 Materialise NV
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Acquisition and Mergers:
7.2 Colfax Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.3 Reckitt Benckiser Group PLC
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.4 Hanger, Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental Analysis
7.5 Ossur Hf.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.6 Groupe Gorge
7.6.1 Company Overview
7.6.2 Financial Analysis
7.7 Superfeet Worldwide, LLC
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Product Launches and Product Expansions:
7.8 Ottobock SE & Co. KGaA
7.8.1 Company Overview
7.9 A Algeos Limited
7.9.1 Company Overview
7.10. Bauerfeind AG
7.10.1 Company Overview
TABLE 1 North America Foot Orthotic Insoles Market, 2018 - 2021, USD Million
TABLE 2 North America Foot Orthotic Insoles Market, 2022 - 2028, USD Million
TABLE 3 North America Foot Orthotic Insoles Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 4 North America Foot Orthotic Insoles Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 5 North America Hospitals & Clinics Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Hospitals & Clinics Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Drug Stores Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Drug Stores Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Foot Orthotic Insoles Market by Type, 2018 - 2021, USD Million
TABLE 12 North America Foot Orthotic Insoles Market by Type, 2022 - 2028, USD Million
TABLE 13 North America Custom-made Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Custom-made Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Pre-fabricated Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Pre-fabricated Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Foot Orthotic Insoles Market by Material, 2018 - 2021, USD Million
TABLE 18 North America Foot Orthotic Insoles Market by Material, 2022 - 2028, USD Million
TABLE 19 North America Thermoplastics Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Thermoplastics Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Composite Carbon Fiber Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Composite Carbon Fiber Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Foot Orthotic Insoles Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Foot Orthotic Insoles Market by Country, 2022 - 2028, USD Million
TABLE 27 US Foot Orthotic Insoles Market, 2018 - 2021, USD Million
TABLE 28 US Foot Orthotic Insoles Market, 2022 - 2028, USD Million
TABLE 29 US Foot Orthotic Insoles Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 30 US Foot Orthotic Insoles Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 31 US Foot Orthotic Insoles Market by Type, 2018 - 2021, USD Million
TABLE 32 US Foot Orthotic Insoles Market by Type, 2022 - 2028, USD Million
TABLE 33 US Foot Orthotic Insoles Market by Material, 2018 - 2021, USD Million
TABLE 34 US Foot Orthotic Insoles Market by Material, 2022 - 2028, USD Million
TABLE 35 Canada Foot Orthotic Insoles Market, 2018 - 2021, USD Million
TABLE 36 Canada Foot Orthotic Insoles Market, 2022 - 2028, USD Million
TABLE 37 Canada Foot Orthotic Insoles Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 38 Canada Foot Orthotic Insoles Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 39 Canada Foot Orthotic Insoles Market by Type, 2018 - 2021, USD Million
TABLE 40 Canada Foot Orthotic Insoles Market by Type, 2022 - 2028, USD Million
TABLE 41 Canada Foot Orthotic Insoles Market by Material, 2018 - 2021, USD Million
TABLE 42 Canada Foot Orthotic Insoles Market by Material, 2022 - 2028, USD Million
TABLE 43 Mexico Foot Orthotic Insoles Market, 2018 - 2021, USD Million
TABLE 44 Mexico Foot Orthotic Insoles Market, 2022 - 2028, USD Million
TABLE 45 Mexico Foot Orthotic Insoles Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 46 Mexico Foot Orthotic Insoles Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 47 Mexico Foot Orthotic Insoles Market by Type, 2018 - 2021, USD Million
TABLE 48 Mexico Foot Orthotic Insoles Market by Type, 2022 - 2028, USD Million
TABLE 49 Mexico Foot Orthotic Insoles Market by Material, 2018 - 2021, USD Million
TABLE 50 Mexico Foot Orthotic Insoles Market by Material, 2022 - 2028, USD Million
TABLE 51 Rest of North America Foot Orthotic Insoles Market, 2018 - 2021, USD Million
TABLE 52 Rest of North America Foot Orthotic Insoles Market, 2022 - 2028, USD Million
TABLE 53 Rest of North America Foot Orthotic Insoles Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 54 Rest of North America Foot Orthotic Insoles Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 55 Rest of North America Foot Orthotic Insoles Market by Type, 2018 - 2021, USD Million
TABLE 56 Rest of North America Foot Orthotic Insoles Market by Type, 2022 - 2028, USD Million
TABLE 57 Rest of North America Foot Orthotic Insoles Market by Material, 2018 - 2021, USD Million
TABLE 58 Rest of North America Foot Orthotic Insoles Market by Material, 2022 - 2028, USD Million
TABLE 59 Key Information – Materialise NV
TABLE 60 Key Information – Colfax Corporation
TABLE 61 Key information – Reckitt Benckiser Group PLC
TABLE 62 Key Information – Hanger, Inc.
TABLE 63 Key Information –Ossur Hf.
TABLE 64 Key Information – Groupe Gorge
TABLE 65 Key Information – Superfeet Worldwide,LLC
TABLE 66 Key Information – Ottobock SE & Co. KGaA
TABLE 67 Key Information – A Algeos Limited
TABLE 68 Key Information – Bauerfeind AG
List of Figures
FIG 1 Methodology for the research