Plantar Fasciitis Treatment Market: Comprehensive Insights into Market Trends, Growth Drivers, and Technological Advancements

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Plantar Fasciitis Treatment Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $3.82 billion In 2028 At A CAGR Of 23.1%.

The plantar fasciitis treatment market size has grown exponentially in recent years. It will grow from $1.34 billion in 2023 to $1.67 billion in 2024 at a compound annual growth rate (CAGR) of 24.4%. The growth in the historic period can be attributed to alternative therapies, patient education and awareness, pain management solutions, rise in sports injuries, physical therapy techniques..

The plantar fasciitis treatment market size is expected to see exponential growth in the next few years. It will grow to $3.82 billion in 2028 at a compound annual growth rate (CAGR) of 23.1%. The growth in the forecast period can be attributed to regulatory changes and approvals, patient-centric approaches, research and clinical trials, focus on personalized medicine, growing aging population.. Major trends in the forecast period include focused rehabilitation techniques, innovations in orthopedic devices, biomechanical studies, alternative therapies advancements, patient education and self-care..

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Plantar Fasciitis Treatment Market Major Segments
The plantar fasciitis treatment market covered in this report is segmented -

1) By Type: Medication Therapy, Orthotics, Shockwave Therapy, Surgery, Other Types
2) By Diagnosis: Medical History, Physical Examination, X-Rays, Radiography, Other Diagnosis
3) By End User: Hospitals, Clinics, Other End Users

Key Driver - Obesity Propels Growth In The Plantar Fasciitis Market

A rise in obesity is expected to propel the growth of the plantar fasciitis market going forward. Obesity is a health risk caused by an abnormal or excessive fat buildup. Overweight is defined as a body mass index (BMI) of 25 or greater and obesity as a BMI greater than 30. A person with a normal weight has a chance of acquiring plantar fasciitis that is almost six times lower than that of someone with a body mass index (BMI) of 30 or higher. For instance, in January 2023, according to a report shared by Forbes, a US-based business magazine, During the COVID-19 pandemic, the obesity rate in the United States increased by 3% between March 2020 and March 2021. Therefore, the rise in obesity is driving the growth of the plantar fasciitis market.

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Prominent Trend - Technological Advancements In Plantar Fasciitis Treatment Market

Technological advancements are a key trend gaining popularity in the plantar fasciitis treatment market. Major companies operating in the plantar fasciitis treatment market are developing and implementing new technologies to revolutionize treatment for plantar heel pain and expanding their geographic presence to sustain their position in the market. For instance, in December 2022, ZetrOZ Systems, a US-based ultrasound technology manufacturing company, introduced the Sam X1, the only wireless ultrasound device with FDA certification for at-home usage. The Sam X1 wireless unit can be used as a regenerative treatment alternative for soft tissue injuries and plantar fasciitis to boost cellular proliferation without the use of drugs or surgery. It has been proven effective in treating a wide range of injuries, including plantar fasciitis. The ZetrOZ sam x1 device widens blood vessels to deliver more oxygenated blood to the healing region, eliminating waste products such as cytokine enzymes and cells, and speeding up the healing process.

Plantar Fasciitis Treatment Market Players
Major companies operating in the plantar fasciitis treatment market report are Bayer AG, Superfeet Worldwide LLC, Bauerfeind AG, Ottobock SE & Co. KGaA, Shapecrunch Technology Pvt. Ltd., Sanofi SA, Eli Lilly and Company, GlaxoSmithKline plc, Pfizer Inc., Allergan plc., Bristol-Myers Squibb Company, F. Hoffmann-La Roche Ltd., Scholl's Wellness Co., Algeo Limited, Hanger Inc., Merck & Co. Inc., Novartis AG, Johnson & Johnson Services Inc., Stryker Corporation, Zimmer Biomet Holdings Inc., Smith & Nephew plc, Arthrex Inc., DJO Global Co., Medline Industries Inc., Bird & Cronin Inc., Hoya Corp., Aetrex Worldwide Inc., Vionic Group LLC .

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Largest And Fastest Growing Region In The Market
North America was the largest region in the plantar fasciitis treatment market in 2023. The regions covered in the plantar fasciitis treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Plantar Fasciitis Treatment Market Report Structure
3. Plantar Fasciitis Treatment Market Trends And Strategies
4. Plantar Fasciitis Treatment Market - Macro Economic Scenario
5. Plantar Fasciitis Treatment Market Size And Growth
…..
27. Plantar Fasciitis Treatment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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