Report : Middle East & Africa Foot Orthotic Insoles Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Product Type (Customized, Prefabricated); Material (Thermoplastics, Polyethylene foams, Leather, Cork, Composite Carbon Fibers, Ethyl-vinyl acetates (EVAs), Gel, Others), Application (Sports and Athletics, Medical, Personal Comfort), Distribution Channel (Drug Stores, Hospitals and Specialty, Online Stores, Others) and Country
According to a new market research study of ‘Middle East & Africa Foot Orthotic Insoles Forecast to 2027 - COVID-19 Impact and Analysis by Product Type, Material, Application, and Distribution Channel’ the Middle East & Africa Foot Orthotic Insoles market is expected to reach US$ 310.39 million in 2027 from US$ 221.74 million in 2019. The market is estimated to grow with a CAGR of 4.4% from 2020-2027.The report provides trends prevailing in the Middle East &Africa Foot Orthotic Insoles market and the factors driving market along with those that act as hindrances.
Based on the product type, the Middle East &Africa Foot Orthotic Insoles market is segmented into customized and prefabricated. The customized segment held the largest share of the market in 2019. The growth of the customized segment is attributed to the grow owing to the growing demand for custom foot insoles, the aging population and rising healthcare spending in Middle East & Africa are also estimated to offer lucrative opportunity for the segment growth during the forecast period.
The growth of the market is attributed to the increasing number of patients suffering from diabetes, obesity, high R&D spending in Middle East & Africa Foot Orthotic Insoles. However, lack of adoption, awareness and infrastructure is likely to restraint the growth of the market during the forecast years.
YELLOW WOOD PARTNERS, LLC., and AETREX WORLDWIDE, INC. are among the leading companies operating in the Middle East &Africa Foot Orthotic Insoles market.
The report segments Middle East &Africa Foot Orthotic Insoles Market as Follows:
- 2D Mammography
- 3D Mammography
- Screen Film
By End user
- Middle East & Africa
- South Africa
- Saudi Arabia
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