The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s plantar fasciitis treatment market report forecasts the plantar fasciitis treatment market size to grow to $3 Billion by 2027, with a CAGR (compound annual growth rate) of more than 22%.

Learn More On The Plantar Fasciitis Treatment Market Report 2023 – https://www.thebusinessresearchcompany.com/report/plantar-fasciitis-treatment-global-market-report

Plantar Fasciitis Treatment Market Size Forecast
The global plantar fasciitis treatment market is expected to grow from $1.08 billion in 2022 to $1.35 billion in 2023 at a compound annual growth rate (CAGR) of 24.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global plantar fasciitis treatment market size is expected to reach $3 billion in 2027 at a CAGR of 22.8%.

North America held the largest plantar fasciitis treatment market share.

Key Plantar Fasciitis Treatment Market Driver ­– Rise In Obesity
For example, according to Forbes, a US-based business publication, the obesity rate in the United States climbed by 3% between March 2020 and March 2021 during the COVID-19 epidemic. As a result, the rise in obesity is propelling the plantar fasciitis industry forward.

Request for A Sample Of The Global Plantar Fasciitis Treatment Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9385&type=smp

Key Plantar Fasciitis Treatment Market Trend – Technological Advancement
To maintain their market position, major firms in the plantar fasciitis treatment industry are developing and adopting new technologies to revolutionise treatment for plantar heel pain, as well as expanding their geographic presence. For example, ZetrOZ Systems, a US-based ultrasound technology manufacturing business, unveiled the Sam X1, the only wireless ultrasound device with FDA clearance for at-home use, in December 2022. The Sam X1 wireless unit can be used to enhance cellular proliferation without the need of medicines or surgery as a regenerative therapeutic alternative for soft tissue injuries and plantar fasciitis. It has been shown to be useful in the treatment of a variety of injuries, including plantar fasciitis. The ZetrOZ sam®x1 device opens blood arteries, allowing more oxygenated blood to reach the healing zone, removing waste products such as cytokine enzymes and cells, and speeding up the healing process.

Plantar Fasciitis Treatment Market Segment
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

Plantar Fasciitis Treatment Market Major Players and Strategies
Major players in the plantar fasciitis treatment market are Bayer AG, Superfeet Worldwide LLC, Bauerfeind AG, Ottobock SE & Co. KGaA, Shapecrunch Technology Pvt. Ltd., Pfizer Inc., Hanger Inc., A. Algeo Limited, Sanofi S.A., GlaxoSmithKline Plc., 3M, Recover Sports Medicine, Orthobethesda, Apothecary Products LLC, Ellis & Badenhausen, Synxsole Pty Ltd., and Revance Therapeutics Inc.

Patient Square Capital, a US-based health care investment business, paid around $1.25 billion for Hanger Inc. in October 2022. Patient Square Capital’s acquisition would support Hanger in future growth endeavours to serve patients with innovative and high-quality care. Hanger Inc. is a medical device manufacturing firm established in the United States that offers ankle-foot orthoses (AFO) as a treatment for plantar fasciitis.

The Plantar Fasciitis Treatment Global Market Report 2023 covers regional data on plantar fasciitis treatment market size, plantar fasciitis treatment market trends and drivers, opportunities, strategies, and plantar fasciitis treatment market competitor analysis. The countries covered in the plantar fasciitis treatment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Plantar fasciitis therapy refers to the medical care or preventative measures provided to a patient in order to assess the occurrence and frequency of a degenerative condition of the thick band of tissue at the base of the foot. Physical therapy is a crucial part of treating plantar fasciitis.

View More Reports Related To The Plantar Fasciitis Treatment Market –
Planting Machines Global Market Report 2023
Plant-Based Protein Global Market Report 2023
Polycystic Ovarian Syndrome Treatment Global Market Report 2023

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: