The industry of health care is rising more
significantly with the effective pharmaceuticals whereas, the podiatry services
market encompasses numerous services which are offered by the physicians or
podiatrists for the better treatment and diagnosis of foot ailments such as
foot infections, diabetic foot ulcers, bunions, corns and calluses and other
foot problems. The service of podiatry does not include replacement of foot and
ankle procedures. The primary podiatry includes the treatment of corns and
calluses, diabetic foot ulcers, bunions and nails infections, is the largest
sector in podiatry services. This is majorly because of the increasing
prevalence of diabetes and other comorbid conditions along with the general
comorbid condition and is because of the significant increase in the diabetic
population and constituted diabetes related foot diseases across the globe.
Moreover, the effective initiatives of government for expanding the health care
insurance with the involvement of podiatry services will turned up the market
across the globe.
According to the report analysis, ‘Podiatry Services Global Market
Opportunities And Strategies To 2021 Including: General Podiatry, Podiatric
Surgery, Sports Medicine, Podopaediatrics Covering: National Health Service,
Kaiser Permanente, UPMC and Mayo Clinic’ states that some of the major key players which are currently
functioning in this domain for acquiring the highest share across the globe by
accomplishing the demand of potential consumers around the world includes Massachusetts
General Hospital, Mayo Clinic, Foot Center of New York, Foot and Ankle
Specialists of the Mid-Atlantic (FASMA), Good Samaritan Hospital and Hospital
of St John, St Elizabeth, Capital Health Nova Scotia, Mount Sinai Hospital, The
London Podiatry Centre, the Royal Free hospital, Guy's and St. Thomas'
hospitals, St George's hospital, Spire Bushey hospital, Royal London hospital,
Assistance Publique - Hopitaux de Paris,Beijing Puhua International Hospital,
Wu Jing Hospital, Didu Medical service company, International SOS Beijing
Clinic, Hong Kong Adventist Hospital, Parkway Health, Apollo Hospitals, Max
Multispecialty Hospital, Nanavati super specialty Hospital, Krishna Institute
of Medical Sciences (KIMS), Columbia Asia Hospital, Manipal Hospital, Shonan
Kamakura General Hospital, the University of Tokyo Hospital, Kyoto University
Hospital, The Royal Melbourne Hospital, European Medical Center,
International Medical Center, Hospital Israelita Albert Einstein, Hospital
Universitario Austral, Dubai Podiatry Center, Sheikh Khalifia Hospital,
Mafraq - new hospital, Tawam Hospital, Qatar Orthopaedic and Sports Medicine
Hospital, Life Healthcare hospital group, Arab Contractors Medical Centre,
Netcare Group, and several others. Whereas, the global market of podiatry
services is extremely fragmented among the many solo practices by the private
practitioners meanwhile, there are some major providers of these services which
include the UK's National Health Service, Kaiser Permanente, UPMC and Mayo
Clinic.
On the basis of region, the market is spread across
the globe with the significant increase in demand such as North America,
Western Europe, Asia Pacific region, Eastern Europe, South America, Middle
East, Africa and rest of the world. Whereas, the North America is the largest
region for podiatry services across the globe and in 2017 due to the high
health care expenditure, the availability of advanced treatments for various
foot disorders and increase in the number of elderly population, this region
registered around 31.2% market share across the globe. The Western Europe has the
second largest share across the globe in the market of podiatry services which
registered the 27.5% market share in 2017.
The podiatry services market will grow in the coming
years across the globe over the decades with the extensive facilities of the hospitals,
presence of advanced treatment and increase in the awareness about the podiatry
with the importance of foot care.
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Ankur Gupta, Head Marketing &
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