A foot orthoses are assistive devices used in physical therapy and occupational. Foot orthosis is designed to support a person's foot in a way that makes it more functional following disease or injury. Patients with foot and ankle disorders, such as ulcers, diabetes, arthritis, bunions, different forms of tendinitis, and other deformities, can benefit from foot orthoses. Mostly, foot orthoses are inlays placed in a client's shoe. The orthosis supports, cushions, and pads the foot.
MARKET DYNAMICS
Factors driving the growth of the foot orthosis market are the rise in the prevalence of foot bone injuries and technological advancements in foot orthosis. However, the high cost of customized foot orthotic devices is expected to hamper the growth of the market. Moreover, the growing geriatric population and increasing incidences of road accidents is anticipated to boost the market growth.
MARKET SCOPE
The "Foot Orthosis Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of foot orthosis market with detailed market segmentation by type, condition, and distribution network. The foot orthosis market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in foot orthosis market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The foot orthosis market is segmented on the basis of type, condition, and distribution network. Based on type, the market is segmented as AFO (Ankle Foot Orthosis), KAFO (Knee Ankle Foot Orthosis), KO (Knee Orthosis), and others. On the basis of condition, the market is categorized as foot ulceration, tendonitis, heel pain, recurrent stress fractures of foot and leg bones, and others. On the basis of distribution network, the market is categorized as hospitals & clinics, retail pharmacies, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the foot orthosis market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The foot orthosis market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting foot orthosis market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the foot orthosis market in these regions.
MARKET PLAYERS
The report covers key developments in the foot orthosis market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from foot orthosis market are anticipated to have lucrative growth opportunities in the future with the rising demand for foot orthosis in the global market. Below mentioned is the list of few companies engaged in the foot orthosis market.
The report also includes the profiles of key players in foot orthosis market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Allard International
- ALTEOR
- Becker Orthopedic
- BORT Medical
- Boston Orthotics & Prosthetics
- Conwell Medical
- Dr. Med
- Fillauer
- Innovation Rehab
- Mile High Orthotics Labs
- Novamed Medical Products
- Optec USA
- Orthomerica
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.