The global podiatry services market is expected to grow at a CAGR of 2.3% during the forecast period 2021-2027. The global surge in preference for podiatry services due to growing incidences of foot injuries, diabetes, obesity, and the robust growth of the geriatric population worldwide with ailments that require quick treatments, stimulate the demand for the market. Moreover, the growing demand for preventive health care coupled with the increasing incidence of ankle pain due to sports injuries escalates the demand for the podiatry services market over the study period.
However, the spread of the COVID-19 has severely squeezed the global market. The healthcare sector, including hospitals & out-patient departments, podiatry services by office/clinics, and others, are closed or turned into COVID healthcare facilities for handling COVID-19 cases, which significantly impact the market’s growth.
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While home care and telemedicine services are projected to drive the market demand in the coming years. Tele-consultation has helped podiatrists to approach their patients with immediate online treatment and will guide them with better homecare remedies as well as exercises as per the patient’s condition.
Growth Drivers
Technology is one of the key driving forces behind improvements in every industry, thereby reinforcing growth in podiatry services. For instance, 3D scanning and printing enable podiatrists to scan patients’ feet and designs custom orthotics, all in one visit. As of May 2021, Go 4-D, a Canada-based company, announced that the company is focused on approaching data-driven and patient-centric research that will help design 3D-printed custom-made orthotics. The availability of high-quality and reasonably priced 3D scanners and printer technology allows faster treatment and thereby increases awareness towards fast podiatry services.
Moreover, another technological advancement includes Video Gait Analysis (VGA), Swift Microwave Therapy for the treatment of foot Warts, and many more augment the growth of the market. Various podiatric clinics have implemented video gait analysis, which allows Podiatrists to record and track visual data of patients, individuals, and athletes regarding abnormalities with how he/she walk, jog, or run.
In October, German shoe brand Adidas revealed the manufacturing of ‘STRUNG’, 3D printed running shoe which will drive the performance of data of any athlete. The company will introduce this new range of STRUNG in early 2022 for different sports and different runner profiles in the future. Thus, the implementation of a helpful tool that allows the podiatrist to collect the data and correct those issues boosts the market demand for these services.
Report Segmentation
By Type
General Podiatry
Podiatry Surgery
Sports Podiatry
Podopediatrics
By Facility
Hospitals & Outpatient departments
Podiatry Office / Clinics
Homecare & Telemedicine
Segmentation based on Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America
Competitive Insights
The leading players in the podiatry services market include Schoen Clinic, Fortis Healthcare, Kaiser Permanente, The London Podiatry Center, The Royal Free Hospital, Massachusetts General Hospital, and Beijing Puhua International Hospital are operating in the market.
Table of Content
Chapter 1: Global Podiatry Services Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Podiatry Services market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Podiatry Services Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Podiatry Services market Size Forecast (2023-2032).
Continue….
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Podiatry Services market revenues on a global, regional, and country level, projecting trends until 2032. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Podiatry Services market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Podiatry Services market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Podiatry Services business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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