DUBLIN – (BUSINESS WIRE) – The report “Foot Orthoses Market Forecast in North America to 2027 – COVID-19 Impact and Regional Analysis by Product Type; Material, Gel, and Others; Application; Distribution Channel and Country” has been added ResearchAndMarkets.com Offer.
The North American foot orthosis market was valued at $ 1,388.81 million in 2019 and is expected to reach $ 2,192.39 million by 2027. It is expected to grow at a CAGR of 6.0% over the 2020-2027 period.
The report highlights the trends in the North American Foot Orthosis Insole Market as well as the factors driving and restraining the market growth.
Based on product type, the North American foot orthosis insoles market is further divided into custom and pre-engineered products. The custom segment had the largest market share in 2019, while the same segment is expected to have the highest CAGR of 6.4% in the market over the forecast period.
Rising health care spending around the world and an aging population are primarily driving the growing demand for bespoke soles. For example, the number of people aged 65 and over increased by 1.6 million from 2014 to 2015, according to the US Census Bureau.
The North American foot orthosis insole market is expected to grow due to factors such as the increasing incidence of diabetes, arthritis, and other foot disorders, and growing demand from the sports sector. However, the lack of acceptance in emerging countries is likely to hamper the growth of the market in the forecast period.
Aetrex Worldwide, Inc., Bauerfeind AG, OttoBock, Superfeet Worldwide Inc., Sidas, Algeos, Amfit Inc., Acor Orthopedic, Inc. and YELLOW WOOD PARTNERS, LLC are among the leading companies in the North American market for foot orthoses.
Main topics covered:
1 Introduction
1.1 Scope of the study
1.2 Instructions for the research report
1.3 Market segmentation
2. Foot orthosis market – important takeaways
3. Foot orthosis insoles – market landscape
3.1 Overview
3.2 Pest analysis
4. North American Foot Orthosis Market – Industry Dynamics
4.1 Key Driver
4.1.1 Increasing incidence of diabetes, arthritis and other foot diseases
4.1.2 Growing demand from the sports sector
4.1 Market Restrictions
4.1.1 High costs for custom orthotics
4.2 Market Opportunities
4.2.1 Increasing acceptance of digital platforms
4.3 Future trends
4.3.1 3D-printed orthotic insoles
4.4 Impact analysis
5. Foot Orthosis Market – Regional Analysis
5.1 Foot orthosis market forecast and analysis in North America
5.2 Market positioning of the main players
6. Foot Orthosis Market Analysis – By Product Type
6.1 Overview
6.2 Market share of foot orthoses by product type, 2019 and 2027 (%)
6.2.1 North America Foot Orthosis Market by Product Type – Revenue and Forecast to 2027 (in Million USD)
6.3 Adjusted
6.4 Prefabricated
7. Foot Orthosis Market – By Material
7.1 Overview
7.2 Foot Orthosis Market by Material, 2019 and 2027 (%)
7.2.1 North America Foot Orthosis Market by Material – Revenue and Forecast to 2027 (in Million USD)
7.3 Thermoplastics
7.4 leather
7.5 Carbon fiber composites
7.6 polyethylene foams
7.7 cork
7.8 ethyl vinyl acetates (EVAs)
7.9 gel
8. Foot Orthosis Market – By Application
8.1 Overview
8.2 Foot Orthosis Market, By Application, 2019 and 2027 (%)
8.2.1 North American Foot Orthosis Market by Application – Revenue and Forecast to 2027 (in Million USD)
8.3 Sports and athletics
8.4 Medicine
8.5 Personal comfort
9. Foot orthosis market – by distribution channel
9.1 Overview
9.2 Foot orthoses market by sales channels, 2019 and 2027 (%)
9.2.1 North American Foot Orthosis Market by Distribution Channel – Revenue and Forecast to 2027 (in Million USD)
9.3 Drug stores
9.4 Hospitals and specialist clinics
9.5 Online shops
10. Market analysis for foot orthoses – regional analysis
10.1 North America: Foot orthosis market
11. Impact of the COVID-19 pandemic on the North American foot orthosis market
11.1 North America: Impact Assessment of the COVID-19 Pandemic
12. Company profiles
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Aetrex Worldwide, Inc.
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Bauerfeind AG
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Otto Bock
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Superfeet Worldwide Inc.
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Sidas
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Algeos
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Amfit Inc.
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Acor Orthopedic, Inc.
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Yellow Wood Partners, LLC
Please visit https://www.researchandmarkets.com/r/cfzz9 for more information on this report
