Government Initiatives Are Supporting The Podiatry Market

The market for podiatry is benefitting from initiatives taken recently by governments around the world that are aimed at improving the health of their populations, the Podiatry Services Global Market Opportunities And Strategies To 2021 report from The Business Research Company shows. Examples include the US government's launch of a program called MyHealthEData which gives patients control of their healthcare data, The government of China's launch in 2016 of a program 'Healthy China 2030' which aims to provide universal healthcare access and treatment to all of China, the Japanese government's promotion since 2014 of accessible technologies and devices that patients can use to treat themselves without expensive facilities or expert assistance, the uAE's Vision 2020 which seeks to reduce the prevalence of diabetes, obesity, and smoking among the population as well as decrease the number of deaths from cardiovascular diseases and cancer and the partnership of the government of Kenya and the United Nations to establish Sustainable Development Goals (SDG) to improve primary health care. In the UK programs targeted more specifically at foot conditions and their main cause, diabetes, have been introduced. One is a podiatry awareness campaign and the other, a National NHS Diabetes Program aimed at reducing the number of people diagnosed with diabetes across England and also to reduce the treatment time and provide quality healthcare services.

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These and similar initiatives in other countries will help the global market for podiatry to grow albeit at a below average GDP level. Growth in the market will accelerate from the 1.8% it was rising at from 2013 to 2017 to 2.5% up to 2021, and by then will be worth $21368 million a year.

Podiatric services consist of the diagnosis and treatment of foot ailments such as diabetic foot ulcers, foot infections, corns and calluses, bunions and other foot problems. Podiatry services do not include foot and ankle joint replacement procedures. General podiatry, which includes treatment for diabetic foot ulcers, corns and calluses, bunions and nail infections, is the largest segment in podiatry services. This is mainly due to the increasing prevalence of diabetes and other comorbid conditions along with increasing awareness about podiatry and the importance of foot care. By treatment condition, diabetes that lead to foot disorders is the primary comorbid condition and is due to the increasing diabetic population and associated diabetes related foot diseases across the globe. By facility, clinics are the largest segment followed by hospitals and other facilities such as homecare organizations and nursing homes.

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North America is the world's largest region for podiatry services. In 2017, it accounted for about 31.2% of the global podiatry services market, due to its rising elderly population, high healthcare expenditure, skilled workforce and the availability of advanced treatments for various foot disorders. The podiatry services market in Western Europe is the second largest in the world accounting for 27.5% of the global podiatry services market in 2017. Podiatry clinics are the largest provider of podiatry services in these regions and this is mainly due to less regulation in comparison with hospitals and the fact that most foot care treatment is provided on an outpatient basis, not requiring an overnight stay, so convenience of access is also a significant factor in the market.

Where To Learn More
Read the Podiatry Services Global Market Opportunities And Strategies To 2021 from The Business Research Company for information on the following:

Markets Covered: Podiatric services.
Podiatric Service Companies Covered: National Health Service, UK, Kaiser Permanente, UPMC, and Mayo Clinic.
Regions: North America, Asia Pacific, Western Europe, South America, Eastern Europe, Middle East, Africa.
Countries: USA, China, UK, Japan, France, Germany, Australia, India, Spain, Russia, Italy, Brazil
Time Series: Five years historic (2013-17) and forecast (2017-21).
Data Segmentations: Podiatric services market historic and forecast size and growth rates for the world, 7 regions and 12 countries, podiatric specialization and treatment condition segments historic and forecast size and growth rates for the world, 7 regions and 12 countries, podiatric facilities segments size 2017 for the world, 7 regions and 12 countries.
Other Data: Podiatric services expenditure as % of GDP, per capita podiatric services expenditure.
Other Information: PESTEL analysis, drivers and restraints, customer and operational insights, fertilizer market by country covering regulatory bodies, associations, investments, and competitive landscape; fertilizer market trends and strategies.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes. Sources include primary as well as extensive secondary research.
Number of Figures: 80
Number of Tables: 103

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Interested to know more? Here is a report similar to “Podiatry Services Global Market Opportunities And Strategies To 2021”:

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2. Physicians And Other Health Practitioners Global Market Report 2018 (https://www.thebusinessresearchcompany.com/report/physicians-and-other-health-practitioners-global-market-report-2018)

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