Press release
Europe Podiatry Equipment Accessories Market to Grow at a CAGR of 6.7% during Forecast Period 2022-2031: TMR Study
In 2021, the ๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐จ๐๐ข๐๐ญ๐ซ๐ฒ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐๐๐๐ฌ๐ฌ๐จ๐ซ๐ข๐๐ฌ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ 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.
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ :
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๐๐จ๐๐ข๐๐ญ๐ซ๐ฒ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐๐๐๐ฌ๐ฌ๐จ๐ซ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ญ๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง
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.
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
Henry Schein, Inc., Algeo, NSK Ltd., FAS Healthcare Ltd., 3M, DJO, LLC, Vernacare, TendoNova, U.S. Foot & Ankle Specialists, LLC, and Namrol Group.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
Accessories
Nail Scissors & Nippers
Black Files & Probes
Biopsy Packs
Podiatry Packs
Podiatry Burs
Scalpels
Gauze Applicators
Nail Elevators
Curettes
Distribution Channel
Retail
Online
Others
๐๐ง๐๐ซ๐๐๐ฌ๐ ๐ข๐ง ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ง๐ฃ๐ฎ๐ซ๐ข๐๐ฌ ๐ญ๐จ ๐๐จ๐ฅ๐ฌ๐ญ๐๐ซ ๐๐จ๐๐ข๐๐ญ๐ซ๐ฒ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐๐๐๐ฌ๐ฌ๐จ๐ซ๐ข๐๐ฌ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ
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.
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ก๐๐ฅ๐ฅ๐๐ง๐ ๐๐ฌ:
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.
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Adoption of advanced diagnostic equipment for accurate diagnosis.
Increasing preference for minimally invasive surgical procedures.
Growing popularity of customized orthotic devices.
๐๐๐ญ ๐๐ก๐ข๐ฌ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ, ๐๐ง๐ฌ๐ญ๐๐ง๐ญ๐ฅ๐ฒ:
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๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
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Podiatry First is recognised as the leading and most progressive Podiatry clinic in the Eastern Suburbs. Established in 2002, Podiatry First has grown to become one of the most respected and busiest clinics in the area.
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1-3/545-549 Kingsway, Miranda, NSW 2228
Email podiatryfirstmiranda@seoemail.com.au
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