South and Central America Foot Orthotic Insoles Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Product Type ( Customized and Prefabricated ); Material (Thermoplastics, Polyethylene foams, Leather, Cork, Composite Carbon Fibers, Ethyl-v

South and Central America Foot Orthotic Insoles Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Product Type ( Customized and Prefabricated ); Material (Thermoplastics, Polyethylene foams, Leather, Cork, Composite Carbon Fibers, Ethyl-vinyl acetates (EVAs), Gel, and Others ); Application ( Sports and Athletics, Medical, and Personal Comfort ); Distribution Channel ( Drug Stores, Hospitals and Specialty Clinics, Online Stores, and Others ), and Country

The South and Central America foot orthotic insoles market is projected to reach US$ 222.41 million by 2027 from US$ 165.64 million in 2019. The market is estimated to grow at a CAGR of 3.9% from 2020 to 2027.

The growth of the South and Central America foot orthotic insoles market is attributed to increasing incidence of diabetes, arthritis, and other foot conditions and growing demand from the sports sector. Moreover, introduction of 3D printed orthotics insoles is expected to foster the market growth during the forecast period. However, less adoption of foot orthotic insoles due to the lack of awareness in emerging economies is expected to hinder the growth of the foot orthotic insoles market.

Brazil is one of the largest economies in the South and Central American region. In Brazil, the healthcare facilities and services are offered broadly as compared to the countries in the region. In the past few years, due to economic crises, Brazil has faced several challenges. However, the changing scenarios and development in the healthcare industry have led to the growth of various medical device players. The medical device industry has boomed significantly across the country. Moreover, rising prevalence of diabetes in the country is leading to increasing cases of foot ulcers. As per the IDF, the prevalence of diabetes in adults is 11.4% in Brazil. Besides, the aging population is contributing to increasing demand for foot orthotic insoles. Thus, owing to the factors mentioned above, it is expected that the foot orthotic insoles market would grow significantly during the forecast period.

In the past few years, several manufacturers have adopted 3D printing technology for manufacturing of orthotic insoles. In February 2019, Aetrex launched its custom 3D printed orthotic program in partnership with EOS. Recently, in September 2020, the company launched its thinnest 3D printed orthotic for shoes that do not have removable insoles. The whole process from foot scanning to insole designing and printing has become more accurate, easier, and shorter with the integration of 3D printing technologies.

Based on product type, the South and Central America 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 in the market during the forecast period. In terms of material, the market is categorized into thermoplastics, polyethylene foams, leather, cork, composite carbon fibers, ethyl-vinyl acetates (EVAs), gel, and others. The polyethylene foams segment held the largest share of the market in 2019, whereas the thermoplastics segment is anticipated to register the highest CAGR in the market during the forecast period. Further, based on application, the market is segmented into sports and athletics, medical, and personal comfort. The medical segment held the largest share of the market in 2019, whereas the sports and athletics segment is estimated to register the highest CAGR in the market during the forecast period. Based on distribution channel, the South and Central America foot orthotic insoles market is segmented into drug stores, hospitals and specialty clinics, online stores, and others. The hospitals and specialty clinics segment held the largest share of the market in 2019, whereas the online stores segment is estimated to register the highest CAGR in the market during the forecast period.

A few of the major primary and secondary sources referred to in the process of preparing the report on the foot orthotic insoles market is the World Health Organization and Ministry of Health and Prevention.

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1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 South and Central America Foot Orthotic Insoles Market– By Product Type
1.3.2 South and Central America Foot Orthotic Insoles Market– By Material
1.3.3 South and Central America Foot Orthotic Insoles Market – By Application
1.3.4 South and Central America Foot Orthotic Insoles Market – By Distribution Channel
1.3.5 South and Central America Foot Orthotic Insoles Market– By Region
2. Foot Orthotic Insoles Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Foot Orthotic Insoles – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 South and Central America
4.3 Expert Opinion
5. South and Central America Foot Orthotic Insoles Market – Industry Dynamics
5.1 Key Drivers
5.1.1 Increasing Incidence of Diabetes, Arthritis, and Other Foot Conditions
5.1.2 Growing Demand from Sports Sector
5.2 Market Restraints
5.2.1 Lack of Adoption in Emerging Economies
5.3 Market Opportunities
5.3.1 Increase in Adoption of Digital Platforms
5.4 Future Trends
5.4.1 3D Printed Orthotics Insoles
5.5 Impact Analysis
6. Foot Orthotic Insoles Market – Regional Analysis
6.1 South and Central America Foot Orthotic Insoles Market Revenue Forecast And Analysis
6.2 Market Positioning of Key Players
7. Foot Orthotic Insoles Market Analysis – By Product Type
7.1 Overview
7.2 Foot Orthotic Insoles Market Revenue Share, by Product Type, 2019 and 2027 (%)
7.2.1 South and Central America Foot Orthotic Insoles Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
7.3 Customized
7.3.1 Overview
7.3.2 Customized: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Prefabricated
7.4.1 Overview
7.4.2 Prefabricated: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
8. Foot Orthotic Insoles Market – By Material
8.1 Overview
8.2 Foot Orthotic Insoles Market, by Material, 2019 and 2027 (%)
8.2.1 South and Central America Foot Orthotic Insoles Market, by Material – Revenue and Forecast to 2027 (USD Million)
8.3 Thermoplastics
8.3.1 Overview
8.3.2 Thermoplastics: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Leather
8.4.1 Overview
8.4.2 Leather: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
8.5 Composite Carbon Fibers
8.5.1 Overview
8.5.2 Composite Carbon Fibers: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
8.6 Polyethylene Foams
8.6.1 Overview
8.6.2 Polyethylene Foams: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
8.7 Cork
8.7.1 Overview
8.7.2 Cork: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
8.8 Ethyl-Vinyl Acetates (EVAs)
8.8.1 Overview
8.8.2 Ethyl-Vinyl Acetates (EVAs): Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
8.9 Gel
8.9.1 Overview
8.9.2 Gel: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
8.10 Others
8.10.1 Overview
8.10.2 Others: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
9. Foot Orthotic Insoles Market – By Application
9.1 Overview
9.2 Foot Orthotic Insoles Market, by Application, 2019 and 2027 (%)
9.2.1 South and Central America Foot Orthotic Insoles Market, by Application – Revenue and Forecast to 2027 (USD Million)
9.3 Sports and Athletics
9.3.1 Overview
9.3.2 Sports and Athletics: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
9.4 Medical
9.4.1 Overview
9.4.2 Medical: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
9.5 Personal Comfort
9.5.1 Overview
9.5.2 Personal Comfort: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
10. Foot Orthotic Insoles Market – By Distribution Channel
10.1 Overview
10.2 Foot Orthotic Insoles Market, by Distribution Channel, 2019 and 2027 (%)
10.2.1 South and Central America Foot Orthotic Insoles Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
10.3 Drug Stores
10.3.1 Overview
10.3.2 Drug Stores: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
10.4 Hospitals and Specialty Clinics
10.4.1 Overview
10.4.2 Hospitals and Specialty Clinics: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
10.5 Online Stores
10.5.1 Overview
10.5.2 Online Stores Segment : Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
10.6 Others
10.6.1 Overview
10.6.2 Others Segment : Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
11. Foot Orthotic Insoles Market– Regional Analysis
11.1.1 South and Central America: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (USD Million)
11.1.2 South and Central America Foot Orthotic Insoles Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
11.1.3 South and Central America Foot Orthotic Insoles Market, by Material – Revenue and Forecast to 2027 (USD Million)
11.1.4 South and Central America Foot Orthotic Insoles Market, by Application – Revenue and Forecast to 2027 (USD Million)
11.1.5 South and Central America Foot Orthotic Insoles Market, by Distribution Channel – Revenue and Forecast to 2027(USD Million)
11.1.6 South and Central America: Foot Orthotic Insoles Market, by Country, 2019 & 2027 (%)
11.1.7 Brazil: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (USD Million)
11.1.7.1 Brazil: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (USD Million)
11.1.7.2 Brazil Foot Orthotic Insoles Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
11.1.7.3 Brazil Foot Orthotic Insoles Market, by Material – Revenue and Forecast to 2027 (USD Million)
11.1.7.4 Brazil Foot Orthotic Insoles Market, by Application – Revenue and Forecast to 2027 (USD Million)
11.1.7.5 Brazil Foot Orthotic Insoles Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
11.1.8 Argentina: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (USD Million)
11.1.8.1 Argentina: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (USD Million)
11.1.8.2 Argentina Foot Orthotic Insoles Market, by Diagnostic Tool – Revenue and Forecast to 2027 (USD Million)
11.1.8.3 Argentina Foot Orthotic Insoles Market, by Material – Revenue and Forecast to 2027 (USD Million)
11.1.8.4 Argentina Foot Orthotic Insoles Market, by Application – Revenue and Forecast to 2027 (USD Million)
11.1.8.5 Argentina Foot Orthotic Insoles Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
12. Impact of COVID-19 Pandemic on South and Central America Foot Orthotic Insoles Market
12.1 South and Central America: Impact Assessment of COVID-19 Pandemic
13. Company Profiles
13.1 SIDAS
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 OTTOBOCK
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Aetrex Worldwide, Inc.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Algeos
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Superfeet Worldwide Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Bauerfeind
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 YELLOW WOOD PARTNERS, LLC.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
List of Tables
Table 1. South and Central America Foot Orthotic Insoles Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
Table 2. South and Central America Foot Orthotic Insoles Market, by Material – Revenue and Forecast to 2027 (USD Million)
Table 3. South and Central America Foot Orthotic Insoles Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 4. South and Central America Foot Orthotic Insoles Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 5. South and Central America Foot Orthotic Insoles Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
Table 6. South and Central America Foot Orthotic Insoles Market, by Material – Revenue and Forecast to 2027 (USD Million)
Table 7. South and Central America Foot Orthotic Insoles Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 8. South and Central America Foot Orthotic Insoles Market, by Distribution Channel – Revenue and Forecast to 2027(USD Million)
Table 9. Brazil Foot Orthotic Insoles Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
Table 10. Brazil Foot Orthotic Insoles Market, by Material – Revenue and Forecast to 2027 (USD Million)
Table 11. Brazil Foot Orthotic Insoles Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 12. Brazil Foot Orthotic Insoles Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 13. Argentina Foot Orthotic Insoles Market, Diagnostic Tool – Revenue and Forecast to 2027 (USD Million)
Table 14. Argentina Foot Orthotic Insoles Market, by Material – Revenue and Forecast to 2027 (USD Million)
Table 15. Argentina Foot Orthotic Insoles Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 16. Argentina Foot Orthotic Insoles Market, by Distribution Channel – Revenue and Forecast to 2027(USD Million)
Table 17. Glossary of Terms, Foot Orthotic Insoles Market
list of Figures
Figure 1. Foot Orthotic Insoles Market Segmentation
Figure 2. Foot Orthotic Insoles Segmentation – By Region
Figure 3. South and Central America Foot Orthotic Insoles Market Overview
Figure 4. Customized Segment Held Largest Share Of Product Type Segment In Foot Orthotic Insoles Market
Figure 5. Brazil Is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. South and Central America PEST Analysis
Figure 7. South and Central America Foot Orthotic Insoles Market – Revenue Forecast And Analysis – 2019- 2027
Figure 8. Market Positioning Of Key Players In Foot Orthotic Insoles Market
Figure 9. Foot Orthotic Insoles Market Revenue Share, by Product Type, 2019 and 2027 (%)
Figure 10. Customized: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
Figure 11. Prefabricated: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
Figure 12. Foot Orthotic Insoles Market, by Material, 2019 and 2027 (%)
Figure 13. Thermoplastics: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
Figure 14. Leather: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
Figure 15. Composite Carbon Fibers: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
Figure 16. Polyethylene Foams: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. Cork: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. Ethyl-Vinyl Acetates (EVAs): Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. Gel: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. Others: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. Foot Orthotic Insoles Market, by Application, 2019 and 2027 (%)
Figure 22. Sports and Athletics: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. Medical: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24. Personal Comfort: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. Foot Orthotic Insoles Market, by Distribution Channel, 2019 and 2027 (%)
Figure 26. Drug Stores: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
Figure 27. Hospitals and Specialty Clinics: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
Figure 28. Online Stores: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
Figure 29. Others: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (US$ Million)
Figure 30. South and Central America: Foot Orthotic Insoles Market, by Key Country – Revenue (2019) (USD Million)
Figure 31. South and Central America Foot Orthotic Insoles Market Revenue and Forecast to 2027 (USD Million)
Figure 32. South and Central America: Foot Orthotic Insoles Market, by Country, 2019 & 2027 (%)
Figure 33. Brazil: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (USD Million)
Figure 34. Argentina: Foot Orthotic Insoles Market – Revenue and Forecast to 2027 (USD Million)
Figure 35. Impact of COVID-19 Pandemic on Foot Orthotic Insoles Market in South and Central America Countries

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