The 7 major plantar fasciitis markets are expected to exhibit a CAGR of 17.88% during 2024-2034.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2034
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Historical Years
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2018-2023
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Market Growth Rate 2024-2034 | 17.88% |
The plantar fasciitis market has been comprehensively analyzed in IMARC's new report titled "Plantar Fasciitis Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Plantar fasciitis refers to a common condition that involves inflammation and irritation of the plantar fascia, a thick band of connective tissues that run along the bottom of the foot. This ailment primarily affects the sole of the foot, causing discomfort and distress to patients of various age groups. The hallmark symptoms of plantar fasciitis include sharp or stabbing heel pain, often experienced during the first steps taken in the morning or after prolonged periods of rest. The pain can also intensify after standing or walking for a long time. The diagnosis of the illness typically involves a thorough clinical history review and a physical examination by a healthcare professional. They may inquire about the patient's symptoms, activity levels, and footwear choices. Physical assessment could involve checking for tenderness in the affected area and evaluating the range of motion of the foot and ankle. Imaging studies, like X-rays or ultrasound, may be utilized to rule out various other possible causes of heel pain.
The increasing prevalence of biomechanical abnormalities in the feet, legs, or gait that can lead to an unequal distribution of weight and stress on the connective tissues is primarily driving the plantar fasciitis market. In addition to this, the inflating utilization of effective interventions, such as orthotic devices, non-steroidal anti-inflammatory drugs (NSAIDs), physical therapy, and corticosteroid injections, for the purpose of managing symptoms and preventing further aggravation, is creating a positive outlook for the market. Moreover, the widespread adoption of stretching exercises and specialized footwear, as they contribute to the alleviation of pain, improvement of foot function, and restoration of mobility in individuals suffering from the illness, is also propelling the market growth. Apart from this, the rising usage of shockwave therapy, since it involves the application of acoustic waves to stimulate healing processes and reduce inflammation in the affected area, thereby promoting overall patient well-being, is acting as another significant growth-inducing factor. Additionally, the emerging popularity of regenerative medicine approaches, which encompass techniques like platelet-rich plasma (PRP) injections to harness the body's healing mechanisms and accelerate tissue repair, is expected to drive the plantar fasciitis market during the forecast period.
IMARC Group's new report provides an exhaustive analysis of the plantar fasciitis market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report the United States has the largest patient pool for plantar fasciitis and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the plantar fasciitis market in any manner.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current plantar fasciitis marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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AmnioFix | MiMedx |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Market Insights
Epidemiology Insights
Plantar Fasciitis: Current Treatment Scenario, Marketed Drugs and Emerging Therapies