Foot Orthotic Insoles Market is Expected to Reach $5.7 billion by 2031: Says AMR

Portland, OR, Feb. 01, 2023 (GLOBE NEWSWIRE) — A new business intelligence report released by Allied Market Research, the global Foot Orthotic Insoles Market size was estimated at $3.2 billion in 2021 and is expected to hit $5.7 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.

Download Free Sample Report: https://www.alliedmarketresearch.com/request-sample/14696

Report coverage & details:

Covid-19 scenario-

• Decrease in the number of consultations for foot ailments and cancellation of orthotic appointments, as well as shortage of supply chain during the pandemic had a negative impact on the global foot orthotic insoles market.
• However, as the global situation has recovered, the market has now got back on track and is expected to continue the same trend during the analysis period.

The global foot orthotic insoles market is analyzed across material, application, distribution channel, and region. The report takes in an exhaustive analysis of the segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can benefit from the breakdown and devise stratagems based on the highest revenue-generating and fastest-growing segments stated in the report.

By material, the ethyl-vinyl acetate (EVA) segment held the largest share in 2021, garnering around almost two fourths share of the global foot orthotic insoles market revenue, and is projected to maintain its dominance by 2031. The same segment would also showcase the fastest CAGR of 6.9% during the forecast period.

Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/14696

By application, the medical segment contributed to nearly half of the global foot orthotic insoles market share in 2021 and is projected to rule the roost by 2031. The personal comfort segment, on the other hand, would display the fastest CAGR of 7.3% throughout the forecast period.

By distribution channel, the retail stores segment accounted for the highest share in 2021, generating nearly half of the global foot orthotic insoles market revenue. The online stores segment would portray the fastest CAGR of 7.3% during the forecast period.

By region, North America held the major share in 2021, garnering more than one-third of the global foot orthotic insoles market revenue. Asia-Pacific, simultaneously, would showcase the fastest CAGR of 7.8% from 2022 to 2031.

The key market players analyzed in the global foot orthotic insoles market report includes A. Algeo Ltd., Acor Orthopaedic, Inc., Aetrex Inc., Bauerfeind, Digital Orthotics Laboratories Australia Pty Ltd, Foot Science International, FootBalance System Ltd, Superfeet Worldwide, Llc, Thuasne, Tynorindia. These market players have embraced several strategies including innovation to highlight their prowess in the industry. The report is helpful in formulating the business performance and developments by the top players.

Trending Reports in Healthcare Industry (Book Now with 10% Discount):

Oncology-Cancer Drugs Market By Drug Class Type (Chemotherapy, Targeted Therapy, Immunotherapy (Biologic Therapy), and Hormonal Therapy), By Indication (Lung Cancer, Stomach Cancer, Colorectal Cancer, Breast Cancer, Prostate Cancer, Liver Cancer, Esophagus Cancer, Cervical Cancer, Kidney Cancer, Bladder Cancer, and Other Cancers): Opportunity Analysis and Industry Forecast, 2021-2030

Vaccines Market by Technology Type (Recombinant & Conjugate Vaccines, Live Attenuated Vaccines, Inactivated Vaccines, Toxoid Vaccines, and Other Vaccines), Indication (Pneumococcal Disease, Influenza, Human Papilloma Virus, Meningococcal Disease, Rotavirus, Varicella, Measles, Mumps, & Rubella {MMR}, Diphtheria, Pertussis, & Tetanus {DPT}, Polio, Hepatitis, and Other Indications), and End User (Pediatric, Adults, and Travelers): Global Opportunity Analysis and Industry Forecast, 2021-2031

Catheters Market by Product Type (Cardiovascular Catheters, Neurovascular Catheters, Urological Catheters, Intravenous Catheters, Specialty Catheters): Global Opportunity Analysis and Industry Forecast, 2021-2031

Sleep Aids Market by Product (Mattress & Pillows, Sleep Laboratories, Medications, and Sleep Apnea Devices) and Sleep Disorders (Insomnia, Sleep Apnea, Restless Leg Syndrome, Narcolepsy, Sleepwalking, and Other Sleep Disorders): Global Opportunity Analysis and Industry Forecast, 2021-2030

Menstrual Cup Market by Product Type (Disposable and Reusable), Material (Medical Grade Silicone, Natural Rubber, and Thermoplastic Elastomer), and Distribution Channel (Online Stores and Pharmacies & Retail Stores): Global Opportunity Analysis and Industry Forecast, 2020-2030

Gene Therapy Market by Vector Type (Viral Vector, Non Viral Vector), by Therapy (In Vivo Therapy, Ex Vivo Therapy), by Gene Type (Antigen, Cytokine, Tumor Suppressor, Suicide, Deficiency, Growth factors, Receptors, Others), by Application (Oncological Disorders, Rare Diseases, Neurological Disorders, Other Diseases): Global Opportunity Analysis and Industry Forecast, 2020-2030

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.