Plantar Fasciitis Treatment Market Share is Expected to Witness Healthy Valuation of USD 8.20 Billion at a 23.50% CAGR by 2032
Research Reports
Apr 11, 2024
Plantar Fasciitis Treatment Market Research Report Information By Type (Medication Therapy, Oral, Parenteral, Orthotics, Shockwave Therapy, Surgery, Intracorporeal Pneumatic Shockwave Therapy and Others), Treatment Type (Pharmacological Treatment, Orthotic Devices, Shockwave Therapy, Surgery, and Other Treatment Types), End-User (Hospitals, Clinics, Others), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032
According to a comprehensive report by Market Research Future (MRFR), the plantar fasciitis treatment market is all set to surge from USD 1.5 Billion in 2023 to USD 8.20 Billion by 2032, at a spectacular rate of 23.50% between 2023 and 2032.
Heel pain is caused by plantar fasciitis. Plantar fascia is connective tissues supporting the foot muscles and arch, which run from the heel to the toes. When inflamed or injured, it can cause plantar fasciitis. However, overweight people, as well as athletes, have a higher incidence of 40 – 60 years. According to NCHS (National Center for Health Statistics) reports, this condition affects over one million persons worldwide each year.
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Some of the possible treatment options include orthopedic shoes, shock wave therapy and medication that reduces inflammations, among other choices in case of planter’s fasciitis. Due to global obesity, it is important for all the inhabitants of the world to acquire knowledge on how best they may treat their plantar fasciitis. In 2016 alone, WHO listed six hundred and fifty million obese; additionally, this will continue rising, hence creating more business opportunities for the planter fasciitis market in the coming days, too.
Market Competitive Landscape:
Some of the prominent plantar fasciitis treatment market companies are-
- Bayer AG (Germany)
- SUPERFEET WORLDWIDE, LLC (U.S.)
- Bauerfeind USA Inc. (Germany)
- Ottobock (Germany)
- Recover Sports Medicine (Australia)
- Shapecrunch (India)
- 3M (U.S.)
- OrthoBethesda (U.S.)
- Apothecary Products, LLC (U.S.)
- Ellis & Badenhausen (U.S.)
- SYNXSOLE PTY LTD. (Australia)
- Revance Therapeutics (U.S.)
Market Segmentation
The Plantar Fasciitis Treatment market is segmented into Oral, Parenteral, Orthotics, Shockwave Therapy, Surgery, Intracorporeal Pneumatic Shockwave Therapy etc., on the basis of type.
Pharmacological Treatment; Orthotic Devices; Shock Wave Therapy; Surgery; Other Treatment Types – based on type of treatment.
Hospitals, Clinics, and Others – depending upon end-use treatment.
Browse In-depth Market Research Report (128 Pages) on Plantar Fasciitis Treatment: https://www.marketresearchfuture.com/reports/plantar-fasciitis-treatment-market-21327
Plantar Fasciitis Treatment Market Trends:
Market Drivers:
Increased heel discomfort and insole use fuel the market. Since more solutions are available for severe plantar fasciitis heel pain, everyone can develop it. Because more individuals are overweight and get heel fasciitis, the market is increasing. Research in The Journal of Pain by the National Center for Integrative and Complementary Health (NCCIH) identified a robust connection between heel fasciitis and BMI.
Plantar fasciitis is more common in older individuals, and as the population ages, more people may have foot issues, requiring additional treatment options. Due to increased activity, obesity, and lifestyle changes, plantar fasciitis is becoming increasingly widespread. This motivates more individuals to treat it. New treatments for plantar fasciitis are becoming easier and more effective as medical technology progresses. The number of people suffering from plantar fasciitis and other foot disorders is increasing as more individuals engage in sporting activities or go outdoors. This drives market development for efficient treatment solutions for sports and busy individuals.
Orthotic devices are braces that help to support weak muscles when you walk or run. These also make patients feel comfortable by postponing contractures, which become shorter over time because of tight muscles or tendons. Orthotic devices can be used during the day or while sleeping at night. The condition of a patient determines the choice of the orthotic device.
Market Restraints:
The major constraint on the growth of the plantar fasciitis market is its low awareness regarding this disorder and the high cost associated with treatment.
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Market Regional Insights
Asia-Pacific Plantar Fasciitis Treatment Market is anticipated to grow at the fastest CAGR of 4.9% during 2023-2032 due to a rise in sports activities & healthcare availability resulting in more access to better healthcare facilities along with China having a major portion of share in the market whereas India has shown highest growth rate in Asia-Pacific region under study period.
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Market Research Future (Part of Wantstats Research and Media Private Limited) 99 Hudson Street, 5Th Floor New York, NY 10013 United States of America +1 628 258 0071 (US) +44 2035 002 764 (UK) Email: sales@marketresearchfuture.com Website: https://www.marketresearchfuture.com
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