Global Plantar Fasciitis Treatment Market analysis report presents an in-depth assessment of the Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape and current trends leading to vertical trend in various regions. The report also presents forecasts for Plantar Fasciitis Treatment from 2021 till 2027.This market report endows clients with the supreme level of market data and information which exactly matches to the niche and business requirements. The market research report delivers all-inclusive analysis of the market structure along with the estimations of the various segments and sub-segments of the market. Plantar Fasciitis Treatment market report also analyses the market status, market share, current trends, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors. Besides that, investment opportunities, recommendations, and trends that are trending at present in the global Plantar Fasciitis Treatment market are mapped by the report.
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Top Key Players Included in This Report:
- Bayer
- SUPERFEET WORLDWIDE, INC
- Bauerfeind
- Ottobock
- Recover Sports Medicine
- Shapecrunch Technology Pvt Ltd
- 3M
- UPMC
- OrthoBethesda
- APOTHECARY PRODUCTS, LLC
- Ellis & Badenhausen
- SYNXSOLE PTY LTD
The Study Is Segmented By Following:
By Type
- Medication Therapy
- Orthotics
- Shockwave Therapy
- Extracorporeal Shock Wave Therapy (ESWT)
- Intracorporeal Pneumatic Shockwave Therapy (IPST)
- Surgery
- Others
By End-User
By Geography
- North America
- Europe
- Germany
- Italy
- U.K.
- France
- Spain
- Netherlands
- Belgium
- Switzerland
- Turkey
- Russia
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- South Korea
- Australia
- Singapore
- Malaysia
- Thailand
- Indonesia
- Philippines
- Rest of Asia-Pacific
- South America
- Brazil
- Rest of South America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Plantar fasciitis is one of the most common causes of injuries associate with the foot. It affects the heel portion of the foot and is associated with resulting of tenderness of the sole. It is a type of inflammation of the muscle of the sole. It is highly prevalent in people who stand for long periods of time on hard surfaces.
Market Drivers
- Increasing availability of technically advanced product offerings and solutions for treatment of the disease; this factor is expected to fuel the growth of the market
- Rising incidences of obesity is also expected to drive the growth of the market
- Increasing prevalence and adoption of orthotics method of treatment prescribed by various healthcare facilities; this factor is expected to propel the growth of the market
- Unique & customized product designs for each individual designed to fit in a highly accurate nature can also drive the market growth
Market Restraints
- Lack of stable raw materials pricing for the production of effective therapeutic medical devices is expected to hinder the growth of the market
- Concerns regarding decline of profitability ratio for the products amid availability of large inventory and raw material stock with the manufacturers is expected to restrict the market growth
Years considered for these Plantar Fasciitis Treatment Market reports:
Historical Years: 2016-2019
Base Year: 2021
Estimated Year: 2027
Plantar Fasciitis Treatment Market Forecast Period: 2021-2028
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Competitive Landscape and Plantar Fasciitis Treatment Market Share Analysis
Few of the major competitors currently working in the global plantar fasciitis treatment market are Bayer; SUPERFEET WORLDWIDE, INC.; Bauerfeind; Ottobock; Recover Sports Medicine; Shapecrunch Technology Pvt Ltd; 3M; UPMC; OrthoBethesda; APOTHECARY PRODUCTS, LLC; Ellis & Badenhausen; SYNXSOLE PTY LTD. and Revance Therapeutics, Inc. among others.
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The Plantar Fasciitis Treatment Market report provides insights on the following pointers:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Plantar Fasciitis Treatment Market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the Plantar Fasciitis Treatment market.
- Market Development: Comprehensive information about emerging market. This report analyses the market for various segments across geographies.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Plantar Fasciitis Treatment Market.
Key Developments in the Market:
- In January 2018, Revance Therapeutics, Inc. announced the interim Phase2a results for their neuromodulator “DaxibotulinumtoxinA for Injection” tested for the treatment of plantar fasciitis. The clinical trial’s primary endpoint showed massive reduction in pain providing pain relief to patients in comparison to placebo group. The trial also signified early and safe method of treatment with any adverse events only of a mildly severe category. The company also signified their plans to conduct a modified Phase2a trial before carrying forward to Phase2b
- In February 2017, Wiivv announced that they had raised USD 4 million in Series A funding and acquisition of eSoles which will enable the company to divulge into custom-fit footwear. This expansion of the organization will enable them to undergo greater innovations and propel them to establish themselves as the leader of custom-fit footwear. This acquisition gives Wiivv a database of around 50,000 3D foot scans which can help them produce insoles with high levels of accuracy
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Key questions answered in the report:
- What is the growth potential of the Plantar Fasciitis Treatment market?
- Which product segment will grab a Plantar Fasciitis Treatment market share?
- Which segment’s market dynamics and trends have been mentioned across application and geographical areas?
- Which regional market will emerge as a frontrunner in coming years?
- Which Market Segmentation up to three or four level provided in the report?
- What are the growth opportunities that may emerge in Plantar Fasciitis Treatment industry in the years to come?
- What are the key challenges that the global Plantar Fasciitis Treatment market may face in future?
- Which are the leading companies in the global Plantar Fasciitis Treatment market?
- Which are the key trends positively impacting the market growth?
- Which are the growth strategies considered by the players to sustain hold in the global Plantar Fasciitis Treatment market?
- What are Extensive Research Methodology followed to analyse the market?
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