Customized Segment to Grow at Faster Pace During Forecast Period

According to the latest study on “Europe Foot Orthotic Insoles Market Forecast to 2027 – Covid-19 Impact and Analysis – by Product Type, Material, Application, and Distribution Channel,” the market was valued at US$ 1,096.89 million in 2019 and is projected to reach US$ 1,621.89 million by 2027; it is expected to grow at a CAGR of 5.2% during 2020–2027. The report highlights trends prevailing in the Europe foot orthotic insoles market and factors driving and restraining the market growth.

Based on product type, the Europe foot orthotic insoles market is further segmented into customized and prefabricated. The customized segment held the largest share of the market in 2019, whereas the same segment is anticipated to register the highest CAGR of 5.5% in the market during the forecast period.

The Europe foot orthotic insoles market is expected to grow owing to the factors such as the increasing incidence of diabetes, arthritis, and other foot conditions and growing demand from sports sector .However, high cost of foot orthotic insoles is likely to have a negative impact on market growth..

Aetrex Worldwide, Inc, Bauerfeind AG, OttoBock, Superfeet Worldwide Inc., Sidas, Algeos, and YELLOW WOOD PARTNERS, LLC are among the leading companies operating in the Europe foot orthotic insoles market.

Europe Foot Orthotic Insoles Market, By Country, 2019 (%)

The report segments the Europe foot orthotic insoles Market as follows:

By Product Type

• Customized
• Prefabricated

By Material

• Thermoplastics
• Polyethylene foams
• Leather
• Cork
• Composite Carbon Fibers
• Ethyl-vinyl acetates (EVAs)
• Gel
• Others

By Application

• Sports and Athletics
• Medical
• Personal Comfort

By Distribution Channel

• Drug Stores
• Hospitals and Specialty
• Online Stores
• Others

By Country

• UK
• Germany
• France
• Italy
• Spain
• Rest of Europe