Zion Market Research, the market research group announced the analysis report titled 'Foot Orthotic Insoles Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2022'
Sarasota, FL -- (SBWIRE) -- 01/12/2018 -- Zion Market Research has published a new report titled "Foot Orthotic Insoles Market by Material (Leather, Polypropylene, and Others) for Sports, Medical and Other End Users: North America Industry Perspective, Comprehensive Analysis, and Forecast, 2014 - 2022". According to the report, foot orthotic insoles market in North America was valued at approximately USD 1,206.5 million in 2016 and is expected to generate revenue of around USD 1,726.3 million by end of 2022, growing at a CAGR of around 6.2% between 2017 and 2022.
Request Free Sample Research Report @ https://www.zionmarketresearch.com/sample/foot-orthotic-insoles-market
Orthotics is concerned with the design, manufacture, and application of orthoses. Orthoses are devices used to modify the structural and functional characteristics of the neuromuscular and skeletal system and are applied externally. Orthotic insoles are molded shoe inserts made up of leather, rubber, plastic or other synthetic material. They balance the foot in neutral position and also provide cushioning to foot. There are many types of foot orthotic insoles available in the market namely, prefabricated, cushioning orthoses, pressure relief orthoses and custom foot insoles.
North America foot orthotic insoles market is primarily driven by growing incidences of diabetes and increasing demand from sports applications. Other major driving factors are increasing aging population and increasing awareness about benefits of using foot orthoses. However, the high price of the orthotic insoles is the major restraint that may limit the growth of the market. Nonetheless, technological advancements in foot orthotic insoles research are likely to disclose the new avenues for foot orthotic insoles market in the near future.
Inquire more about this report @ https://www.zionmarketresearch.com/inquiry/foot-orthotic-insoles-market
The foot orthotic insoles market is segmented on the basis of material and end user. Based on material, foot orthotic insoles market has been segmented into leather, polypropylene, and others (polyethylene foams, cork, acrylic, composite carbon fibers, etc.). Polypropylene segment is expected to grow at the fastest rate during the forecast period. Different end users in foot orthotic insoles market are sports, medical and others. In terms of revenue, medical end user segment dominated the market in 2016.
Browse detail report with in-depth TOC @ https://www.zionmarketresearch.com/report/foot-orthotic-insoles-market
The foot orthotic insoles market is set to grow at a substantial pace over the next few the years. North America has become a matured market as compared to rest of the world in terms of demand for foot orthotic insoles. In addition, this region has an established customer base owing to the rising awareness towards healthcare and technological advancements and is currently dominated by U.S.
Some of the key players in foot orthotic insoles market include Bauerfeind AG, Hanger Orthopedic Group, Bayer AG, Spenco Medical Corporation, Aetrex Worldwide, Inc, Comfortfit Orthotic Labs Inc, Sole and OttoBock Holding GmbH & Co. KG among others.
For Media Inquiry contact our sales Team @ email@example.com
About Zion Market Research
Zion Market Research is an obligated company. We create futuristically, cutting edge, informative reports ranging from industry reports, a company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with Vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from Cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client's needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.