A Future Market Insights (FMI) analysis projects that the orthopedic insole market would surpass US$ 4.9 Bn by 2021. Although getting a pair of personalized shoes may seem like a luxury or indulgence, medical issues like diabetes, club foot, or amputations frequently need it. Orthopedic insole sales have increased as a result of the rising incidence of numerous disorders that impact the feet and general health. Doctors now understand that changing shoes can solve many physical issues. Flat feet, poor posture, and other issues can all be resolved by correcting the feet. The National Institutes of Health provides a list of various foot conditions for which orthopedic shoes manufactured to order are recommended.
Custom foot orthotics are constructed with the wearer’s medical condition, evaluation of limb length, and measurements of the legs and feet in mind. They are made to the wearer’s prescription specifications. Compared to mass-produced, prefabricated foot orthotics that are readily available from malls or pharmacies, they are therefore more effective and efficient. Custom orthotics support desired, natural movements to relieve stress on the foot. Not all stylistic needs can be addressed when consumers need distinctive footwear for medical reasons. However, a talented shoemaker may collaborate with clients to create a style that is both trendy and practical.
Sustainability Concerns Impacting Orthopedic Insoles Sales
After decades of rapid fashion and unnecessary production chains, sustainability is the newest hot topic in the footwear industry. The other developing themes are ethical production, eco-friendly materials, and personalization. Sustainability is one of several determining elements for brand value given that brands regularly release new goods, collections, and ideas. The introduction of several environmentally friendly designs made from recycled post-production foam has helped to promote sustainable orthopedic insoles. For instance, OrthoLite pioneered environmentally friendly products made with ground-breaking technology and recycled rubber waste with the introduction of its first insole in 1997. Superfeet’s most recent product line, the Me3D series, incorporates sustainability. Me3D provides individualized insoles made from a 3-D scan that are then 3-D printed to precise measurements (reducing waste) as part of their service.
Purchase patterns for orthopedic insoles are influenced by the product’s material, sustainability rating, and function. Functional orthopedic insoles are particularly successful at resolving problems and restoring alignment. To give both support and comfort, soft materials like Neoprene, different open- and closed-cell foams, or similar cushioning materials may be utilized in conjunction with functional foot orthoses, according to the American Academy of Podiatric Sports Medicine. One of the most prevalent trends seen in the market is the development of products with novel and inventive designs and styles. This shift in consumer purchasing preferences has prompted market participants to promote innovation and broaden their product lines, thereby reaching previously untapped markets and boosting demand over the predicted period.
Prefabricated orthopedic insoles are the most popular form of insole on the market. Patients with diabetes and neuropathy prefer to use prefabricated insoles. However, the projected trend shows a positive growth outlook for personalized orthopedic insoles.
Key Takeaways from the Orthopedic Insoles Market Study
- In terms of value, orthopedic insoles sales will significantly rise, exhibiting a 10.4% CAGR between 2021 and 2031
- Higher prevalence of obesity in the U.S. will enable it to account for nearly 85% of sales in North America
- Demand in the U.K. is expected to rise considerably, facilitating y-o-y growth at a little above 6% in 2021
- Both Germany and France are expected to offer highly lucrative opportunities for growth
- Increasing focus on health and wellness will drive orthopedic insoles sales in Japan and South Korea
Impact of COVID-19 & 2020 Market Analysis
Orthopedic companies were unable to operate globally due to the COVID-19 pandemic epidemic and the lockdown, which negatively impacted demand for orthopedic insoles. Additionally, there have been travel restrictions that may have hurt the companies’ operational results. However, as the market has begun to recover, makers of orthopedic insoles have begun providing their clients with a variety of discounts on prefabricated orthotics to make up for the losses that have already happened. Above all, the government has mandated that Orthopedic insoles companies abide by several severe rules in this pandemic circumstance.
Who is winning?
Allied OSI Labs, Birkenstock Digital GmbH, Cascade Dafo, Inc., Reckitt Benckiser Group PLC, Otto Bock SE & Co. KGaA, Stable Step, LLC, Birkenstock Digital GmbH, Steeper, Inc., A. Algeo Limited, Peacocks Medical Group, Aetrex Worldwide, Inc., Superfeet Worldwide, Inc., Digitsole, and others are some of the major companies in
To acquire a competitive edge, the players are investing heavily in product development. Beyond this, current technologies are given a lot of attention. For instance, in 2019 Covestro disclosed that the company had been concentrating on the creation of 3D printed insoles comprised of thermoplastic polyurethane (TPU). These developments should be positive for the market.
Orthopedic insoles Market by Category
Insole Type
- Prefabricated
- Custom
Base Material Type
- Polymer
- Plastic
- Rubber
- Carbon Fiber
- Silicone
Consumer Orientation
- Men
- Women
- Kids
Sales Channel
- Direct
- Indirect
- Hypermarkets/ Supermarkets
- Departmental Stores
- Multi-Brand Stores
- Specialty Stores
- Exclusive/ Franchised Stores
- Online Retailing
- Others
Region
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- the Middle East and Africa (MEA)
