Latin America Foot Orthotic Insoles Market Size & Outlook
Latin America foot orthotic insoles market, 2017-2030 (US$M)
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Latin America foot orthotic insoles market highlights
- The Latin America foot orthotic insoles market generated a revenue of USD 123.3 million in 2020.
- The market is expected to grow at a CAGR of 5.7% from 2021 to 2030.
- In terms of segment, thermoplastic was the largest revenue generating material in 2020.
- Composite Carbon Fiber is the most lucrative material segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2021 to 2030.
Latin America data book summary
| Market revenue in 2020 | USD 123.3 million |
| Market revenue in 2030 | USD 213.9 million |
| Growth rate | 5.7% (CAGR from 2020 to 2030) |
| Largest segment | Thermoplastic |
| Fastest growing segment | Composite Carbon Fiber |
| Historical data covered | 2017 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Thermoplastic, Composite Carbon Fiber |
| Key market players worldwide | Reckitt Benckiser Group PLC, Ottobock, Embla Medical hf, Groupe Gorgé, Enovis Corp, Westward Partners, Materialise NV ADR |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.1% of the global foot orthotic insoles market in 2020.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,277.6 million by 2030.
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Foot Orthotic Insoles Market Scope
Foot Orthotic Insoles Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America foot orthotic insoles market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to foot orthotic insoles market will help companies and investors design strategic landscapes.
Thermoplastic was the largest segment with a revenue share of 56.12% in 2020. Horizon Databook has segmented the Latin America foot orthotic insoles market based on thermoplastic, composite carbon fiber covering the revenue growth of each sub-segment from 2017 to 2030.
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Our clientele includes a mix of foot orthotic insoles market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America foot orthotic insoles market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America foot orthotic insoles market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America foot orthotic insoles market size, by country, 2017-2030 (US$M)
Latin America Foot Orthotic Insoles Market Outlook Share, 2020 & 2030 (US$M)
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