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 & Communications