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Emerging Trends Influencing The Growth Of The Plantar Fasciitis Treatment Market:Technological Advancements In Plantar Fasciitis Treatment Market
The Plantar Fasciitis Treatment Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Projected Growth of the Plantar Fasciitis Treatment Market?
In recent times, the market size for treating plantar fasciitis has seen an explosive growth. Its value is projected to increase from $1.68 billion in 2024 to $2.08 billion in 2025, displaying a compound annual growth rate (CAGR) of 24.0%. The preceding growth can be credited to factors such as the advent of alternative therapies, a surge in patient enlightenment and cognizance, solutions for pain management, an increase in sports-related injuries, and techniques used in physical therapy.
In the coming years, the market size for plantar fasciitis treatment is projected to witness remarkable growth, reaching $4.73 billion by 2029 with a compound annual growth rate of 22.8%. This growth during the forecast period can be linked to changes and approvals in regulations, an increased focus on the patient in treatment approaches, numerous research and clinical trials, the emphasis on personalized medicine, and a growing pool of the elderly population. Predominant trends during this forecast period are anticipated to be targeted rehabilitation methods, enhancements in orthopedic devices, biomechanical research efforts, advancements in alternative therapies, as well as increased patient knowledge and self-care habits.
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What Are the Emerging Segments Within the Plantar Fasciitis Treatment Market?
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
Subsegments:
1) By Medication Therapy: Non-Steroidal Anti-Inflammatory Drugs (NSAIDs), Corticosteroids, Pain Relievers, Topical Treatments
2) By Orthotics: Custom Orthotic Inserts, Over-The-Counter Insoles, Night Splints, Heel Cups
3) By Shockwave Therapy: Radial Shockwave Therapy, Focused Shockwave Therapy
4) By Surgery: Plantar Fascia Release, Gastrocnemius Recession, Other Surgical Procedures
5) By Other Types: Physical Therapy, Massage Therapy, Stretching And Strengthening Exercises, Alternative Therapies
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What Long-Term Drivers Are Shaping Plantar Fasciitis Treatment Market Trends?
The growth momentum of the plantar fasciitis market is anticipated to be fuelled by a surge in obesity rates. Obesity, a health hazard resulted from abnormal or excessive accumulation of fat, is defined when a person's body mass index (BMI) measures 30 or more. Conversely, those with a body mass index (BMI) of 25 or above bear the status of being overweight. Significantly, the propensity of an individual with normal weight to develop plantar fasciitis is nearly six times less than someone with a BMI of 30 or above. For example, statistics released by the Centers for Disease Control and Prevention (CDC), a US government agency, in 2022 reveal that adult obesity prevalence has risen to 35% or higher in 22 states, escalating from 19 states in 2021. Consequently, the escalating obesity rates contribute to the expansion of the plantar fasciitis market.
Who Are the Top Competitors in Key Plantar Fasciitis Treatment Market Segments?
Major companies operating in the plantar fasciitis treatment market include 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., Bristol-Myers Squibb Company, F. Hoffmann-La Roche Ltd., Scholl's Wellness Co., Hanger Inc., Merck & Co. Inc., Johnson & Johnson Services Inc., Smith & Nephew plc, Arthrex Inc., DJO Global Co., Medline Industries Inc., Bird & Cronin Inc., Aetrex Worldwide Inc.
What Plantar Fasciitis Treatment Market Trends Are Gaining Traction Across Different Segments?
Evolving technology is a dominant trend gaining traction in the plantar fasciitis treatment market. Notable firms in the plantar fasciitis treatment market are innovating and implementing cutting-edge technologies to transform plantar heel pain treatments and are expanding their reach geographically to maintain their market standing. For example, ZetrOZ Systems, a company based in the US that manufactures ultrasound technology, launched Sam X1 in December 2022. This device, the only wireless ultrasound gadget with FDA approval for use at home, can serve as a regenerative treatment substitute for soft tissue injuries and plantar fasciitis, enhancing cellular proliferation without requiring drugs or surgery. Its effectiveness has been confirmed in treating a wide variety of injuries, including plantar fasciitis. The ZetrOZ sam x1 device improves healing by widening blood vessels to supply more oxygen-rich blood to the injured area, disposing of waste products like cytokine enzymes and cells, and accelerating the healing process.
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Which Regions Are Becoming Hubs for Plantar Fasciitis Treatment Market Innovation?
North America was the largest region in the plantar fasciitis treatment market in 2024. The regions covered in the plantar fasciitis treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Plantar Fasciitis Treatment Market?
2. What is the CAGR expected in the Plantar Fasciitis Treatment Market?
3. What Are the Key Innovations Transforming the Plantar Fasciitis Treatment Industry?
4. Which Region Is Leading the Plantar Fasciitis Treatment Market?
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