Orthotic Insoles Market Insights and Growth by 2031
Orthotic insole are referred as removable shoe insert which are used to impart support, comfort, and relief from foot pain and injuries. It is helps to prevent or heal common foot problems such as arch pain, heel pain and ball of foot pain. Basically, orthotic insole aids in improving abnormal walking pattern by integrating somatosensory information used for body balancing and walking. It is also used for unburdening pain from the heel, improving foot alignment and body posture.
MARKET DYNAMICS
The Orthotic Insoles Market is anticipated to grow in the forecast period owing to driving factors such as such as high percentage of population suffering from arthritis, diabetes and other forms of disorders, growth in geriatric and obese population. Nevertheless, the increasing awareness among population for health lifestyle change are expected to hamper the market growth during forecast period.
MARKET SCOPE
The "Global Orthotic Insoles Market Analysis to 2031" is a specialized and in-depth study of the medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of Orthotic Insoles Market with detailed market segmentation by Product, Application and geography. The global Orthotic Insoles Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Orthotic Insoles Market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global Orthotic Insoles Market is segmented on the basis of Product and Application. Based on Product the market is segmented into Leather, Polypropylene and Others. Based on Application the market is segmented into Sports, Medical and Others.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Orthotic Insoles market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Orthotic Insoles market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Orthotic Insoles market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Orthotic Insoles market in these regions.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Orthotic Insoles market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Orthotic Insoles market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Orthotic Insoles market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Orthotic Insoles market in these regions.
MARKET PLAYERS
The reports cover key developments in the Orthotic Insoles market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers Orthotic Insoles market are anticipated to lucrative growth opportunities in the future with the rising demand for Orthotic Insoles market in the global market. Below mentioned is the list of few companies engaged in the Orthotic Insoles market.
The report also includes the profiles of key Orthotic Insoles market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Aetrex Worldwide, Inc
- Bauerfeind AG
- Comfortfit Orthotic Labs Inc.
- Currex Gmbh
- Dr. Scholl's
- Hanger Orthopedic Group, Inc.
- Implus
- OttoBock Holding GmbH and Co. KG.
- Superfeet Worldwide Inc.
- Sidas
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Orthotic Insoles Market - By Product
1.3.2 Orthotic Insoles Market - By Application
1.3.3 Orthotic Insoles Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ORTHOTIC INSOLES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. ORTHOTIC INSOLES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. ORTHOTIC INSOLES MARKET - GLOBAL MARKET ANALYSIS
6.1. ORTHOTIC INSOLES - GLOBAL MARKET OVERVIEW
6.2. ORTHOTIC INSOLES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ORTHOTIC INSOLES MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. LEATHER
7.3.1. Overview
7.3.2. Leather Market Forecast and Analysis
7.4. POLYPROPYLENE
7.4.1. Overview
7.4.2. Polypropylene Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. ORTHOTIC INSOLES MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. SPORTS
8.3.1. Overview
8.3.2. Sports Market Forecast and Analysis
8.4. MEDICAL
8.4.1. Overview
8.4.2. Medical Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. ORTHOTIC INSOLES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Orthotic Insoles Market Overview
9.1.2 North America Orthotic Insoles Market Forecasts and Analysis
9.1.3 North America Orthotic Insoles Market Forecasts and Analysis - By Product
9.1.4 North America Orthotic Insoles Market Forecasts and Analysis - By Application
9.1.5 North America Orthotic Insoles Market Forecasts and Analysis - By Countries
9.1.5.1 United States Orthotic Insoles Market
9.1.5.1.1 United States Orthotic Insoles Market by Product
9.1.5.1.2 United States Orthotic Insoles Market by Application
9.1.5.2 Canada Orthotic Insoles Market
9.1.5.2.1 Canada Orthotic Insoles Market by Product
9.1.5.2.2 Canada Orthotic Insoles Market by Application
9.1.5.3 Mexico Orthotic Insoles Market
9.1.5.3.1 Mexico Orthotic Insoles Market by Product
9.1.5.3.2 Mexico Orthotic Insoles Market by Application
9.2. EUROPE
9.2.1 Europe Orthotic Insoles Market Overview
9.2.2 Europe Orthotic Insoles Market Forecasts and Analysis
9.2.3 Europe Orthotic Insoles Market Forecasts and Analysis - By Product
9.2.4 Europe Orthotic Insoles Market Forecasts and Analysis - By Application
9.2.5 Europe Orthotic Insoles Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Orthotic Insoles Market
9.2.5.1.1 Germany Orthotic Insoles Market by Product
9.2.5.1.2 Germany Orthotic Insoles Market by Application
9.2.5.2 France Orthotic Insoles Market
9.2.5.2.1 France Orthotic Insoles Market by Product
9.2.5.2.2 France Orthotic Insoles Market by Application
9.2.5.3 Italy Orthotic Insoles Market
9.2.5.3.1 Italy Orthotic Insoles Market by Product
9.2.5.3.2 Italy Orthotic Insoles Market by Application
9.2.5.4 Spain Orthotic Insoles Market
9.2.5.4.1 Spain Orthotic Insoles Market by Product
9.2.5.4.2 Spain Orthotic Insoles Market by Application
9.2.5.5 United Kingdom Orthotic Insoles Market
9.2.5.5.1 United Kingdom Orthotic Insoles Market by Product
9.2.5.5.2 United Kingdom Orthotic Insoles Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Orthotic Insoles Market Overview
9.3.2 Asia-Pacific Orthotic Insoles Market Forecasts and Analysis
9.3.3 Asia-Pacific Orthotic Insoles Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Orthotic Insoles Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Orthotic Insoles Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Orthotic Insoles Market
9.3.5.1.1 Australia Orthotic Insoles Market by Product
9.3.5.1.2 Australia Orthotic Insoles Market by Application
9.3.5.2 China Orthotic Insoles Market
9.3.5.2.1 China Orthotic Insoles Market by Product
9.3.5.2.2 China Orthotic Insoles Market by Application
9.3.5.3 India Orthotic Insoles Market
9.3.5.3.1 India Orthotic Insoles Market by Product
9.3.5.3.2 India Orthotic Insoles Market by Application
9.3.5.4 Japan Orthotic Insoles Market
9.3.5.4.1 Japan Orthotic Insoles Market by Product
9.3.5.4.2 Japan Orthotic Insoles Market by Application
9.3.5.5 South Korea Orthotic Insoles Market
9.3.5.5.1 South Korea Orthotic Insoles Market by Product
9.3.5.5.2 South Korea Orthotic Insoles Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Orthotic Insoles Market Overview
9.4.2 Middle East and Africa Orthotic Insoles Market Forecasts and Analysis
9.4.3 Middle East and Africa Orthotic Insoles Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Orthotic Insoles Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Orthotic Insoles Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Orthotic Insoles Market
9.4.5.1.1 South Africa Orthotic Insoles Market by Product
9.4.5.1.2 South Africa Orthotic Insoles Market by Application
9.4.5.2 Saudi Arabia Orthotic Insoles Market
9.4.5.2.1 Saudi Arabia Orthotic Insoles Market by Product
9.4.5.2.2 Saudi Arabia Orthotic Insoles Market by Application
9.4.5.3 U.A.E Orthotic Insoles Market
9.4.5.3.1 U.A.E Orthotic Insoles Market by Product
9.4.5.3.2 U.A.E Orthotic Insoles Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Orthotic Insoles Market Overview
9.5.2 South and Central America Orthotic Insoles Market Forecasts and Analysis
9.5.3 South and Central America Orthotic Insoles Market Forecasts and Analysis - By Product
9.5.4 South and Central America Orthotic Insoles Market Forecasts and Analysis - By Application
9.5.5 South and Central America Orthotic Insoles Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Orthotic Insoles Market
9.5.5.1.1 Brazil Orthotic Insoles Market by Product
9.5.5.1.2 Brazil Orthotic Insoles Market by Application
9.5.5.2 Argentina Orthotic Insoles Market
9.5.5.2.1 Argentina Orthotic Insoles Market by Product
9.5.5.2.2 Argentina Orthotic Insoles Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. ORTHOTIC INSOLES MARKET, KEY COMPANY PROFILES
11.1. AETREX WORLDWIDE, INC
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BAUERFEIND AG
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. COMFORTFIT ORTHOTIC LABS INC.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. CURREX GMBH
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. DR. SCHOLL’S
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. HANGER ORTHOPEDIC GROUP, INC.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. IMPLUS
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. OTTOBOCK HOLDING GMBH AND CO. KG.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SUPERFEET WORLDWIDE INC.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SIDAS
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Aetrex Worldwide, Inc2. Bauerfeind AG3. Comfortfit Orthotic Labs Inc.4. Currex Gmbh5. Dr. Scholl's6. Hanger Orthopedic Group, Inc.7. Implus8. OttoBock Holding GmbH and Co. KG.9. Superfeet Worldwide Inc.10. Sidas
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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