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Foot Orthotics Insoles Market Industry Growth by Size, Share, Regional Analysis, Future Challenges

Author: Sarah Bennu
by Sarah Bennu
Posted: Aug 15, 2019

Foot insoles market size in the US is forecast to grow by USD 217.49 million during 2019-2023 at a CAGR of 7%, with medical insoles segment having the largest market share. Foot insoles market analysis in the US indicates growth will be driven by the increasing adoption of foot insoles in the sports segment. Foot insoles industry growth in US will also be impacted by the introduction of connected insoles and 3D printing.

Foot insoles provide firm arch support, have a gel encased hard-plastic outer shell to provide good biomechanical control, and are designed specifically for runners, athletes, and walkers. Sports insoles are used to improve the function of the injured foot, absorb shock, and facilitate alignment by supporting the back, joints, muscles, limb ligaments, and tendons of the foot.

As per Technavio, the introduction of 3D printing in foot insoles will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report on the foot insoles market in the US 2019-2023 also analyzes other important trends and market drivers that will affect market growth over 2019-2023.

Foot insoles market in the US: Introduction of 3D printing in foot insoles

The increase in R&D activities accompanied by advanced technology is assisting in making effective use of 3D printing in formulating orthotics. 3D printing manufacture takes less time compared to the conventional manufacturing processes. Some of the advantages of using 3D printing to produce precision orthotics include faster delivery, customized variable densities by controlling the areas that require added support, and provision for softer areas.

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Foot insoles market in the US: Segmentation analysis

This research report on the foot insoles market in the US segments the market by application (medical insoles and sports insoles) and material (polypropylene insoles, leather insoles, and other insoles).

The medical insoles segment held the largest foot insoles market share in 2018. Factors such as the rising awareness of orthotic support systems and increasing knee-related injuries are promoting the demand for insoles in the US.

The polypropylene insoles segment accounted for the highest market share in 2018. Polypropylene insoles come with flexibility options, top cover options, optional heal posting, and a variety of intrinsic adjustments. The high adaptability of polypropylene insoles in multiple shoe types will encourage steady market growth of the foot insoles market in the US.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario
About the Author

This growing client base relies on Technavio’s comprehensive coverage, extensive research

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Author: Sarah Bennu

Sarah Bennu

Member since: Jun 30, 2019
Published articles: 42

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