Cracked heels, also known as heel fissure are usually caused by xerosis (dry skin). Rising number of obese population, increasing incidence of diseases such as diabetes and thyroid, rising consumer awareness and easy availability of cost effective products are the key growth drivers of global cracked heels treatment market.
The report titled “Cracked Heels Treatment Market - Growth, Future Prospects and Competitive Analysis, 2021–2029” offers strategic insights into the overall cracked heels treatment market along with the market size and estimates for the duration 2019 to 2029. The research study covers in-depth analysis of market segments based product type (foot creams, foot scrub soaps, heel scrapers and stones, bandages and dressings, insoles, heel pads or cups, special tissue glue and others) and different geographical regions.
Market size and forecast for these regional and country level markets are presented in this study for the period 2019-2029. Market growth rates for the forecast period 2021-2029 are also included in this report, considering 2020 as the base year.
Along with quantitative information, qualitative information sets and assessment tools are provided in this study for better analysis of the overall market scenario and future prospects. Information such as market inclination insights and drivers, challenges and opportunities assists the readers for understanding the ongoing trends in the global cracked heels treatment market. Tools such as market positioning of key players and attractive investment proposition provide the readers with insights on the competitive scenario of the global cracked heels treatment market. This report concludes with company profiles section that highlights major information about the key players engaged in global cracked heels treatment market. In-depth competitive environment analysis and historical years (2019) market size data are also provided in the report.
Thus, the research study provides a holistic view of the global cracked heels treatment market, offering market size and estimates for the period from 2019 to 2029, keeping in mind the above-mentioned factors.
Cracked heels, also known as heel fissure are common foot problem experienced by all age people. Fissures of the feet are mainly caused by xerosis (dry skin). Rising consumer awareness, wide availability of product and increasing number of affected population are fueling the growth of cracked heels treatment market globally. According to National Foot Health Assessment (U.S.) about 44 million American adults aged 21 and older suffered from cracked skin on their feet in the year 2012. It is observed that, currently foot creams occupies more than 50 percent of market share as these are the best form of treatment containing keratolytic agents and helps to retain moisture in feet. Easy application, wide availability and cost effectiveness are another factors that are driving the growth of foot creams market globally.
In the base year 2020, North America dominated the cracked heels treatment market in terms of revenue and it is anticipated to grow during the forecast period. Factors such as higher number of target population, rising number of geriatric population, higher consumer awareness, lifestyle pattern, high healthcare expenditure are driving the growth of cracked heel treatment market in North America. As per the study of Institute for Preventive Foot Health, 44 million people were affected with cracked heels in United States in 2012. Rising prevalence of diabetes in North America leads to diabetic foot ulcer requiring medical intervention which in turn drives the cracked heel treatment market to grow significantly. Latest technologies are utilized in cracked heel treatment product innovation; hence increasing expenditure of R&D fuels the growth of the cracked heel treatment market. On the other hand, Asia-Pacific is expected to show highest market growth in coming years due to major target population, developing healthcare infrastructure, rising consumer awareness along with initiatives of healthcare organizations.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Cracked Heels Treatment market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
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Research Period | 2022-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Year | 2022 |
Unit | USD Million |
Segmentation | |
Product
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report