Market Overview:
The global podiatry lasers market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of foot and ankle disorders, rising awareness about laser-based treatments, and technological advancements in podiatry lasers. Based on type, the global podiatry lasers market is segmented into CO2 lasers, Nd:YAG lasers, and Er:YAG lasers. The CO2 laser segment is expected to account for the largest share of the global podiatry lasers market in 2018. This segment is projected to grow at a CAGR of 7.8% during the forecast period from 2018 to 2030 due to its high efficiency and versatility in treating various foot disorders. Based on application, the global podiatry lasers market is divided into onychomycosis (fungal nail infection), plantar warts (verruca), soft tissue inflammation (e g., cellulitis), telangiectasia (spider veins), corns (heloma molle), matrixectomy (removal of damaged or diseased tissue under nails).
Product Definition:
Podiatry lasers are medical devices used by podiatrists to treat a variety of foot conditions. Podiatry lasers can be used to remove warts, fungus, and calluses, as well as to reduce pain and inflammation. They may also be used to improve the appearance of feet by removing wrinkles or age spots.
CO2:
Carbon Dioxide (CO2) is a colorless and highly flammable gas. It is produced from the combustion of fossil fuels or animal fats in power plants. CO2 acts as an insulator, preserving the heat inside for use later when it is released through a process called absorption where it reacts with water to form a mist that can be used to cool down equipment or feet.
Nd:YAG:
Nd:YAG is a laser used in podiatry. It helps to improve the blood circulation and also removes the calluses from feet. The laser beam works by breaking down the tough skin that protects foot’s endolee, which allows better blood flow to heal wounds & injuries at a cellular level.
Application Insights:
Onychomycosis was the leading application segment in the global podiatry lasers market, accounting for a revenue share of over 40.0% in 2017. Onychomycosis is a fungal infection that mainly affects the toenails and toes. The disease results in thickening and discoloring of nails which may eventually lead to their removal or deformity if untreated.
The prevalence of onychomycosis has been rising steadily since the 1980s, with an estimated incidence rate ranging from 0.5 to 2 per 100,000 people annually across all age groups globally; however, data regarding prevalence.
Regional Analysis:
North America dominated the global market in 2017 owing to the availability of technologically advanced products, high disposable income, and increasing awareness about podiatry treatments. The region is expected to maintain its dominance over the forecast period due to factors such as favorable government initiatives for improving healthcare facilities and rising number of foot surgeries.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to unmet clinical needs coupled with rapidly improving healthcare infrastructure in emerging countries such as China & India. Moreover, an increase in diabetic patients will boost product demand further driving growth across this region. In addition, a rise in sports injuries will also contribute towards regional growth over the next eight years. For instance; according to NCBI; approximately 1 million athletes suffer from plantar warts annually among which 90% are male population between 10-19 years of age group (1).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 7.8% from 2016 to 2021. This is primarily due to the advantages offered by these procedures over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Podiatry lasers are increasingly being used in minimally invasive surgeries owing to their ability to provide precision cutting and coagulation without causing thermal damage to the surrounding tissue.
- Growing prevalence of foot disorders: According to the American Podiatric Medical Association (APMA), nearly half of all Americans will experience foot problems at some point in their lives. This high prevalence of foot disorders is driving demand for podiatry lasers as they offer an effective treatment option with minimal side effects. In addition, rising awareness about the benefits of laser therapy is also contributing significantly towards market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Podiatry Lasers Market Research Report
By Type
CO2, Nd:YAG, Er:YAG
By Application
Onychomycosis, Plantar Warts, Soft Tissue Inflammation, Telangiectasia, Corns, Matrixectomy
By Companies
Fotona, Intros Medical Laser, Sciton, Theralase Technologies, Fotona
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Podiatry Lasers Market Report Segments:
The global Podiatry Lasers market is segmented on the basis of:
Types
CO2, Nd:YAG, Er:YAG
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Onychomycosis, Plantar Warts, Soft Tissue Inflammation, Telangiectasia, Corns, Matrixectomy
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Fotona
- Intros Medical Laser
- Sciton
- Theralase Technologies
- Fotona
Highlights of The Podiatry Lasers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- CO2
- Nd:YAG
- Er:YAG
- By Application:
- Onychomycosis
- Plantar Warts
- Soft Tissue Inflammation
- Telangiectasia
- Corns
- Matrixectomy
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Podiatry Lasers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Podiatry Lasers is a type of laser used in the diagnosis and treatment of foot problems.
Some of the key players operating in the podiatry lasers market are Fotona, Intros Medical Laser, Sciton, Theralase Technologies, Fotona.
The podiatry lasers market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Podiatry Lasers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Podiatry Lasers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Podiatry Lasers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Podiatry Lasers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Podiatry Lasers Market Size & Forecast, 2020-2028
4.5.1 Podiatry Lasers Market Size and Y-o-Y Growth
4.5.2 Podiatry Lasers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 CO2
5.2.2 Nd:YAG
5.2.3 Er:YAG
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Onychomycosis
6.2.2 Plantar Warts
6.2.3 Soft Tissue Inflammation
6.2.4 Telangiectasia
6.2.5 Corns
6.2.6 Matrixectomy
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Podiatry Lasers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Podiatry Lasers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 CO2
9.6.2 Nd:YAG
9.6.3 Er:YAG
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Onychomycosis
9.10.2 Plantar Warts
9.10.3 Soft Tissue Inflammation
9.10.4 Telangiectasia
9.10.5 Corns
9.10.6 Matrixectomy
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 CO2
10.6.2 Nd:YAG
10.6.3 Er:YAG
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Onychomycosis
10.10.2 Plantar Warts
10.10.3 Soft Tissue Inflammation
10.10.4 Telangiectasia
10.10.5 Corns
10.10.6 Matrixectomy
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 CO2
11.6.2 Nd:YAG
11.6.3 Er:YAG
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Onychomycosis
11.10.2 Plantar Warts
11.10.3 Soft Tissue Inflammation
11.10.4 Telangiectasia
11.10.5 Corns
11.10.6 Matrixectomy
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 CO2
12.6.2 Nd:YAG
12.6.3 Er:YAG
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Onychomycosis
12.10.2 Plantar Warts
12.10.3 Soft Tissue Inflammation
12.10.4 Telangiectasia
12.10.5 Corns
12.10.6 Matrixectomy
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 CO2
13.6.2 Nd:YAG
13.6.3 Er:YAG
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Onychomycosis
13.10.2 Plantar Warts
13.10.3 Soft Tissue Inflammation
13.10.4 Telangiectasia
13.10.5 Corns
13.10.6 Matrixectomy
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Podiatry Lasers Market: Competitive Dashboard
14.2 Global Podiatry Lasers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fotona
14.3.2 Intros Medical Laser
14.3.3 Sciton
14.3.4 Theralase Technologies
14.3.5 Fotona
