The Asia Pacific Foot Orthotic Insoles Market would witness market growth of 7.0% CAGR during the forecast period (2022-2028).
Custom foot insoles are the key market driver for foot orthotics. Due to the ageing population's increased use of custom soles and rising healthcare costs, there is an increase in the demand for custom insoles. Worldwide demand for bespoke foot insoles is rising as a result of their assurance of proper alignment and reduction of foot pain.
The need for foot orthotic insoles is rising as a result of the growing demands for safety and comfort among the sports community, including athletes, hockey players, football players, and many others. This aspect is promoting market expansion. Overuse injuries to the lower limbs are frequent in those who engage in regular physical activity.
The most frequent ailments are plantar fasciitis/plantar heel pain, patellofemoral discomfort, Achilles tendinopathy, and medial tibial stress syndrome. Lower limb injuries cause wasted training time, cost money, have a negative impact on a person's physical and emotional well-being, and raise the possibility that they may cease engaging in physical exercise.
The market's need for medical equipment will increase as there are more medical institutions. Demand will be increased by a number of government programmes, including the creation of medical parks and the "Production Linked Incentive (PLI) Scheme for Medical Devices 2020." India now imports between 70 and 80 percent of its medical equipment needs, so there is still a significant gap between supply and demand.
The China market dominated the Asia Pacific Foot Orthotic Insoles Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $318.4 Million by 2028. The Japan market is estimated to grow a CAGR of 6.4% during (2022 - 2028). Additionally, The India market would experience a CAGR of 7.7% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Foot Orthotic Insoles Market is Projected to reach USD 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
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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 Asia Pacific Foot Orthotic Insoles Market, by Distribution Channel
1.4.2 Asia Pacific Foot Orthotic Insoles Market, by Type
1.4.3 Asia Pacific Foot Orthotic Insoles Market, by Material
1.4.4 Asia Pacific 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. Asia Pacific Foot Orthotic Insoles Market by Distribution Channel
3.1 Asia Pacific Hospitals & Clinics Market by Country
3.2 Asia Pacific Drug Stores Market by Country
3.3 Asia Pacific Others Market by Country
Chapter 4. Asia Pacific Foot Orthotic Insoles Market by Type
4.1 Asia Pacific Custom-made Market by Country
4.2 Asia Pacific Pre-fabricated Market by Country
Chapter 5. Asia Pacific Foot Orthotic Insoles Market by Material
5.1 Asia Pacific Thermoplastics Market by Country
5.2 Asia Pacific Composite Carbon Fiber Market by Country
5.3 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Foot Orthotic Insoles Market by Country
6.1 China Foot Orthotic Insoles Market
6.1.1 China Foot Orthotic Insoles Market by Distribution Channel
6.1.2 China Foot Orthotic Insoles Market by Type
6.1.3 China Foot Orthotic Insoles Market by Material
6.2 Japan Foot Orthotic Insoles Market
6.2.1 Japan Foot Orthotic Insoles Market by Distribution Channel
6.2.2 Japan Foot Orthotic Insoles Market by Type
6.2.3 Japan Foot Orthotic Insoles Market by Material
6.3 India Foot Orthotic Insoles Market
6.3.1 India Foot Orthotic Insoles Market by Distribution Channel
6.3.2 India Foot Orthotic Insoles Market by Type
6.3.3 India Foot Orthotic Insoles Market by Material
6.4 South Korea Foot Orthotic Insoles Market
6.4.1 South Korea Foot Orthotic Insoles Market by Distribution Channel
6.4.2 South Korea Foot Orthotic Insoles Market by Type
6.4.3 South Korea Foot Orthotic Insoles Market by Material
6.5 Singapore Foot Orthotic Insoles Market
6.5.1 Singapore Foot Orthotic Insoles Market by Distribution Channel
6.5.2 Singapore Foot Orthotic Insoles Market by Type
6.5.3 Singapore Foot Orthotic Insoles Market by Material
6.6 Malaysia Foot Orthotic Insoles Market
6.6.1 Malaysia Foot Orthotic Insoles Market by Distribution Channel
6.6.2 Malaysia Foot Orthotic Insoles Market by Type
6.6.3 Malaysia Foot Orthotic Insoles Market by Material
6.7 Rest of Asia Pacific Foot Orthotic Insoles Market
6.7.1 Rest of Asia Pacific Foot Orthotic Insoles Market by Distribution Channel
6.7.2 Rest of Asia Pacific Foot Orthotic Insoles Market by Type
6.7.3 Rest of Asia Pacific 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 Asia Pacific Foot Orthotic Insoles Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Foot Orthotic Insoles Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Foot Orthotic Insoles Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Foot Orthotic Insoles Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Hospitals & Clinics Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Hospitals & Clinics Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Drug Stores Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Drug Stores Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Foot Orthotic Insoles Market by Type, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Foot Orthotic Insoles Market by Type, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Custom-made Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Custom-made Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Pre-fabricated Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Pre-fabricated Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Foot Orthotic Insoles Market by Material, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Foot Orthotic Insoles Market by Material, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Thermoplastics Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Thermoplastics Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Composite Carbon Fiber Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Composite Carbon Fiber Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Foot Orthotic Insoles Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Foot Orthotic Insoles Market by Country, 2022 - 2028, USD Million
TABLE 27 China Foot Orthotic Insoles Market, 2018 - 2021, USD Million
TABLE 28 China Foot Orthotic Insoles Market, 2022 - 2028, USD Million
TABLE 29 China Foot Orthotic Insoles Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 30 China Foot Orthotic Insoles Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 31 China Foot Orthotic Insoles Market by Type, 2018 - 2021, USD Million
TABLE 32 China Foot Orthotic Insoles Market by Type, 2022 - 2028, USD Million
TABLE 33 China Foot Orthotic Insoles Market by Material, 2018 - 2021, USD Million
TABLE 34 China Foot Orthotic Insoles Market by Material, 2022 - 2028, USD Million
TABLE 35 Japan Foot Orthotic Insoles Market, 2018 - 2021, USD Million
TABLE 36 Japan Foot Orthotic Insoles Market, 2022 - 2028, USD Million
TABLE 37 Japan Foot Orthotic Insoles Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 38 Japan Foot Orthotic Insoles Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 39 Japan Foot Orthotic Insoles Market by Type, 2018 - 2021, USD Million
TABLE 40 Japan Foot Orthotic Insoles Market by Type, 2022 - 2028, USD Million
TABLE 41 Japan Foot Orthotic Insoles Market by Material, 2018 - 2021, USD Million
TABLE 42 Japan Foot Orthotic Insoles Market by Material, 2022 - 2028, USD Million
TABLE 43 India Foot Orthotic Insoles Market, 2018 - 2021, USD Million
TABLE 44 India Foot Orthotic Insoles Market, 2022 - 2028, USD Million
TABLE 45 India Foot Orthotic Insoles Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 46 India Foot Orthotic Insoles Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 47 India Foot Orthotic Insoles Market by Type, 2018 - 2021, USD Million
TABLE 48 India Foot Orthotic Insoles Market by Type, 2022 - 2028, USD Million
TABLE 49 India Foot Orthotic Insoles Market by Material, 2018 - 2021, USD Million
TABLE 50 India Foot Orthotic Insoles Market by Material, 2022 - 2028, USD Million
TABLE 51 South Korea Foot Orthotic Insoles Market, 2018 - 2021, USD Million
TABLE 52 South Korea Foot Orthotic Insoles Market, 2022 - 2028, USD Million
TABLE 53 South Korea Foot Orthotic Insoles Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 54 South Korea Foot Orthotic Insoles Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 55 South Korea Foot Orthotic Insoles Market by Type, 2018 - 2021, USD Million
TABLE 56 South Korea Foot Orthotic Insoles Market by Type, 2022 - 2028, USD Million
TABLE 57 South Korea Foot Orthotic Insoles Market by Material, 2018 - 2021, USD Million
TABLE 58 South Korea Foot Orthotic Insoles Market by Material, 2022 - 2028, USD Million
TABLE 59 Singapore Foot Orthotic Insoles Market, 2018 - 2021, USD Million
TABLE 60 Singapore Foot Orthotic Insoles Market, 2022 - 2028, USD Million
TABLE 61 Singapore Foot Orthotic Insoles Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 62 Singapore Foot Orthotic Insoles Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 63 Singapore Foot Orthotic Insoles Market by Type, 2018 - 2021, USD Million
TABLE 64 Singapore Foot Orthotic Insoles Market by Type, 2022 - 2028, USD Million
TABLE 65 Singapore Foot Orthotic Insoles Market by Material, 2018 - 2021, USD Million
TABLE 66 Singapore Foot Orthotic Insoles Market by Material, 2022 - 2028, USD Million
TABLE 67 Malaysia Foot Orthotic Insoles Market, 2018 - 2021, USD Million
TABLE 68 Malaysia Foot Orthotic Insoles Market, 2022 - 2028, USD Million
TABLE 69 Malaysia Foot Orthotic Insoles Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 70 Malaysia Foot Orthotic Insoles Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 71 Malaysia Foot Orthotic Insoles Market by Type, 2018 - 2021, USD Million
TABLE 72 Malaysia Foot Orthotic Insoles Market by Type, 2022 - 2028, USD Million
TABLE 73 Malaysia Foot Orthotic Insoles Market by Material, 2018 - 2021, USD Million
TABLE 74 Malaysia Foot Orthotic Insoles Market by Material, 2022 - 2028, USD Million
TABLE 75 Rest of Asia Pacific Foot Orthotic Insoles Market, 2018 - 2021, USD Million
TABLE 76 Rest of Asia Pacific Foot Orthotic Insoles Market, 2022 - 2028, USD Million
TABLE 77 Rest of Asia Pacific Foot Orthotic Insoles Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 78 Rest of Asia Pacific Foot Orthotic Insoles Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 79 Rest of Asia Pacific Foot Orthotic Insoles Market by Type, 2018 - 2021, USD Million
TABLE 80 Rest of Asia Pacific Foot Orthotic Insoles Market by Type, 2022 - 2028, USD Million
TABLE 81 Rest of Asia Pacific Foot Orthotic Insoles Market by Material, 2018 - 2021, USD Million
TABLE 82 Rest of Asia Pacific Foot Orthotic Insoles Market by Material, 2022 - 2028, USD Million
TABLE 83 Key Information – Materialise NV
TABLE 84 Key Information – Colfax Corporation
TABLE 85 Key information – Reckitt Benckiser Group PLC
TABLE 86 Key Information – Hanger, Inc.
TABLE 87 Key Information –Ossur Hf.
TABLE 88 Key Information – Groupe Gorge
TABLE 89 Key Information – Superfeet Worldwide,LLC
TABLE 90 Key Information – Ottobock SE & Co. KGaA
TABLE 91 Key Information – A Algeos Limited
TABLE 92 Key Information – Bauerfeind AG
List of Figures
FIG 1 Methodology for the research