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Europe Podiatry Equipment Accessories Market to Grow at a CAGR of 6.7% during Forecast Period 2022-2031: TMR Study

03-15-2024 05:38 AM CET | Health & Medicine

Press release from: Transparency Market Research

Europe Podiatry Equipment Accessories

Europe Podiatry Equipment Accessories

In 2021, the ๐„๐ฎ๐ซ๐จ๐ฉ๐ž ๐๐จ๐๐ข๐š๐ญ๐ซ๐ฒ ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐€๐œ๐œ๐ž๐ฌ๐ฌ๐จ๐ซ๐ข๐ž๐ฌ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ recorded a valuation of US$ 262.7 million. Projections indicate a steady growth trajectory with a Compound Annual Growth Rate (CAGR) of 6.7% from 2022 to 2031, anticipating a market size surpassing US$ 497.8 million by the end of 2031.

Primarily catering to foot and ankle healthcare, podiatry equipment plays a pivotal role in addressing related issues. The European market for podiatry equipment accessories is propelled by the increasing adoption of sedentary lifestyles and the rising obesity rate, factors contributing to a surge in foot and ankle ailments. Furthermore, the growing geriatric population, prone to conditions like arthritis and osteoporosis affecting the feet and ankles, is expected to drive market expansion in the region.

The mounting awareness regarding foot and ankle disorders coupled with the escalating demand for specialized care presents lucrative opportunities for market participants. In response, companies are intensifying their efforts towards product innovation, notably leveraging technologies such as 3D printing, to enhance their market presence and cater to evolving consumer needs.

๐†๐ž๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐…:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=85382&utm_source=OpenPR&utm_campaign=MansiR_OpenPR

๐๐จ๐๐ข๐š๐ญ๐ซ๐ฒ ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐€๐œ๐œ๐ž๐ฌ๐ฌ๐จ๐ซ๐ข๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ญ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ข๐จ๐ง

Podiatry equipment encompasses a range of tools essential for foot care, including surgical curettes, chisels & osteotomes, cuticle & tissue nippers, and nail splitters. These instruments are utilized for tasks such as removing corns and callouses, trimming nails, and shaving corns.

The advent of 3D printing technology has revolutionized the production of podiatry equipment, enabling faster and more precise manufacturing processes. Concurrently, there has been a surge in demand for wearable devices designed to monitor foot health and analyze gait patterns. Smart insoles equipped with pressure sensing technology are gaining popularity, alongside a variety of portable, handheld devices tailored for at-home foot care.

Manufacturers are prioritizing the development of ergonomic and anti-fatigue insoles to enhance comfort and provide better support. Additionally, the proliferation of telemedicine services facilitates remote consultations and monitoring, thereby enhancing patient access to podiatry services.

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

Henry Schein, Inc., Algeo, NSK Ltd., FAS Healthcare Ltd., 3M, DJO, LLC, Vernacare, TendoNova, U.S. Foot & Ankle Specialists, LLC, and Namrol Group.

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

Accessories

Nail Scissors & Nippers
Black Files & Probes
Biopsy Packs
Podiatry Packs
Podiatry Burs
Scalpels
Gauze Applicators
Nail Elevators
Curettes

Distribution Channel

Retail
Online
Others

๐ˆ๐ง๐œ๐ซ๐ž๐š๐ฌ๐ž ๐ข๐ง ๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ˆ๐ง๐ฃ๐ฎ๐ซ๐ข๐ž๐ฌ ๐ญ๐จ ๐๐จ๐ฅ๐ฌ๐ญ๐ž๐ซ ๐๐จ๐๐ข๐š๐ญ๐ซ๐ฒ ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐€๐œ๐œ๐ž๐ฌ๐ฌ๐จ๐ซ๐ข๐ž๐ฌ ๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ

The surge in sports-related injuries stands as a pivotal driving force behind the escalating demand for podiatry machines. With the burgeoning popularity of sports and physical activities, there's been a notable uptick in foot and ankle injuries.

Sports injuries, ranging from minor sprains to severe fractures and ligament tears, are increasingly prevalent among athletes and active individuals. The treatment of these injuries often necessitates specialized medical attention and equipment, including podiatry machines. Such equipment encompasses orthotics, braces, and other accessories tailored to support and safeguard injured feet and ankles. Notably, orthotics, customized inserts devised to stabilize and support feet and ankles, play a crucial role in addressing various sports-related injuries.

Furthermore, continuous advancements in technology and materials have substantially enhanced the design and functionality of podiatry surgical instruments and accessories. This evolution ensures enhanced comfort and effectiveness in treating sports injuries, thereby catering to the evolving needs of athletes and active individuals.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐‚๐ก๐š๐ฅ๐ฅ๐ž๐ง๐ ๐ž๐ฌ:

Drivers:

Technological advancements in podiatry equipment, rising geriatric population, increasing prevalence of chronic diseases, and growing awareness about foot health.

Challenges:

High cost associated with advanced podiatry equipment, reimbursement challenges, and shortage of skilled podiatrists.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

Adoption of advanced diagnostic equipment for accurate diagnosis.
Increasing preference for minimally invasive surgical procedures.
Growing popularity of customized orthotic devices.

๐†๐ž๐ญ ๐“๐ก๐ข๐ฌ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ, ๐ˆ๐ง๐ฌ๐ญ๐š๐ง๐ญ๐ฅ๐ฒ:
https://www.transparencymarketresearch.com/checkout.php?rep_id=85382

๐€๐›๐จ๐ฎ๐ญ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก

Transparency Market Research, a globalย market research companyย registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.ย 

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

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