The foot orthotic insoles market is on a steady rise, driven by growing awareness of foot health, increasing prevalence of chronic conditions (like diabetes and biomechanical disorders), and a surge in fitness and sports-related needs. These insoles—offered as prefabricated or custom-made products—provide support, pain relief, and improved posture and gait. Technological advancements including 3D scanning, 3D printing, smart sensors, and AI-based customization are enhancing design precision and effectiveness. Increased adoption across hospitals, clinics, retail outlets, and online platforms is further fueling market expansion globally.
According to Fortune Business Insights, the global foot orthotic insoles market was valued at USD 4.22 billion in 2024. The market is projected to grow from USD 4.51 billion in 2025 to USD 7.16 billion by 2032, exhibiting a CAGR of 6.8% during the forecast period. In 2024, North America dominated the foot orthotic insoles market with a market share of 42.89%.
In October 2022, Hanger Inc. finalized its acquisition by Patient Square Capital. This strategic investment is expected to bolster the company's capacity to expand product offerings and adopt advanced technologies to serve broader patient needs.