Foot Orthotic Insoles Market: Historical & Future Projections

Between 2015 and 2019, global foot orthotic market shipments grew at 4.6%. High prevalence of musculoskeletal disorders was amongst the key stimulants driving the said growth. Studies conclude that nearly 20-40% of elderly people reported acute pain in their feet, with high prevalence rate of hallux valgus.

For detailed insights on enhancing your product footprint, request for a sample here- https://www.factmr.com/connectus/sample?flag=S&rep_id=4666

Growth is also expected to accelerate amid the growing prevalence of diabetic foot ulcers. Historically, foot ulcers are estimated to affect 1-4% patients across the United States annually. By 2030, the number of diabetic people worldwide is projected to increase to 366 million. Owing to these broad factors, the foot orthotic insoles demand is likely to increase, expanding at a CAGR exceeding 7% throughout the 2020-2030 assessment period.

How will High Prevalence of Plantar Fasciitis Impact Demand?

Plantar fasciitis is a common degenerative disease affecting adults aged between 40 to 50 years and beyond. It is a frequent cause of heel pain, with diabetic patients especially at the highest risk. Presently, diabetes mellitus affects 425 million people globally, projected to increase to 629 million by 2045.

Need more information about Report Methodology? Click here- https://www.factmr.com/connectus/sample?flag=RM&rep_id=4666

As this number increases, prevalence of plantar fasciitis is bound to increase. Currently, the condition affects approximately 10% of the population. As diabetic patients experience acute healing problems, fasciitis is expected to have a debilitating impact on these patients, compelling them to seek appropriate preventive measures.

Based on these aforementioned developments, the demand for foot orthotic insoles is expected to burgeon in the 2020-2030 forecast period as patients seek effective shock absorbent and cushioning footwear. Orthoses are thus considered the most appropriate non-invasive and cost-effective approach.

Growing Burden of Varicose Veins

In the developed world, varicose veins constitute one of the major feet problems within individuals. Prominent player SIGVARIS Group’s study concluded that 40% of both men and women across industrialized countries report chronic venous diseases, largely an outcome of sedentary lifestyle patterns.

The study also concludes that long-terms varicose veins conditions invariably lead to skin lesions which ultimately assume the form of ulcers. Furthermore, the American Society for Vascular Surgery projects that at least 20 to 25 million Americans suffer from varicose veins. Consequently, patients are seeking various treatment solutions to alleviate this burden.

foot orthotic insoles market overview

To connect an Expert –   https://www.factmr.com/connectus/sample?flag=AE&rep_id=4666

The Foot Orthotic Insoles market report answers important questions which include:

  • What does the status of the Foot Orthotic Insoles market look like after the forecast period?
  • Which region has the highest contribution to the global Foot Orthotic Insoles market and why?
  • Which players remain at the top of the global Foot Orthotic Insoles market?
  • What opportunities are available for the Foot Orthotic Insoles market players to expand their production footprint?
  • Which segment has the maximum impact on the global Foot Orthotic Insoles market?

Why Opt For Fact.MR?

  1. Various analysis methods to deliver precise market information.
  2. Digital technologies to facilitate clients with updated market solutions.
  3. Multi-disciplinary approach to provide accurate insights of different industries.
  4. Data collection from extensive primary and secondary research.
  5. Round-the-clock availability to serve clients across the world.

Explore Fact.MR’s Comprehensive Coverage on Healthcare Landscape

Prepackaged Medical Kits and Trays Market Forecast, Trend, Analysis & Competition Tracking – Global Market Insights 2020 to 2030: https://www.factmr.com/report/5413/prepackaged-medical-kits-and-trays-market

Cables and Leads for Medical Equipment Market Forecast, Trend, Analysis & Competition Tracking – Global Market Insights 2020 to 2030: https://www.factmr.com/report/5418/cables-and-leads-for-medical-equipment-market

Coatings for Medical Devices Market Forecast, Trend, Analysis & Competition Tracking – Global Market Insights 2020 to 2030: https://www.factmr.com/report/5421/coatings-for-medical-devices-market

Read More Trending Reports of Fact.MR-

http://www.globenewswire.com/en/news-release/2019/07/29/1892912/0/en/Dental-Anesthetics-Sales-Will-Witness-a-Promising-Leap-as-Dental-Tourism-Continues-to-Proliferate-Says-Fact-MR.html

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email:
sales@factmr.com
Visit Our Website:
https://www.factmr.com

Leave a comment

Your email address will not be published. Required fields are marked *