GVR Report cover Podiatry Services Market Size, Share & Trends Report

Podiatry Services Market Size, Share & Trends Analysis Report By Type, By Facility (Hospitals & OPDs, Podiatry Offices/Clinics, Homecare & Telemedicine), By Region, And Segment Forecasts, 2021 - 2028

  • Report ID: GVR-4-68039-440-4
  • Number of Report Pages: 100
  • Format: PDF, Horizon Databook
  • Historical Range: 2016 - 2019
  • Forecast Period: 2021 - 2028 
  • Industry: Healthcare

Report Overview

The global podiatry services market size was valued at USD 4.3 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 1.9% from 2021 to 2028. The higher income at disposal, preventive approach, and rising awareness regarding foot care are the factors fueling the market growth. The technological advancement and skilled resources, along with the efforts by podiatry associations to raise the adoption and support the practitioners have added to the awareness regarding the services.

U.S. podiatry services market size, by type, 2016 - 2028 (USD Billion)

The growing prevalence of foot problems especially in diabetic and geriatric population which is around 6.3% and 24.0% respectively, and the growing awareness and preventive approach in children’s foot problem are contributing to market growth. Furthermore, the adoption of specific sports foot and ankle services by sportsperson for the management of foot and ankle injuries depicts the market potential for podiatry services in the field of sports.

The podiatry profession is fragmented in nature, mostly dominated by the solo practice model. However, the efforts by podiatry associations have helped the practitioners grow, stay updated, and connected. Lately, more group practices are emerging considering the adoption of the Multidisciplinary Team (MDT) approach to provide comprehensive care by relevant specialists further leading to growth in the availability of podiatry services in hospitals and large healthcare clinics.

The government initiatives such as the inclusion of podiatry services in healthcare insurance, initiatives towards primary care of diabetes, obesity, and chronic diseases further supports the market awareness and adoption. The organizations providing these services such as hospitals and clinics are investing further to promote awareness among patients to improve the reach and availability of the services for the larger population.

The ongoing Covid-19 pandemic has significantly affected the healthcare industry, including podiatric specialists. During the initial phase of the pandemic, only the classified essential healthcare services were allowed to operate and podiatry services were excluded from the essential services. However, they were later re-classified as essential. The healthcare providers including hospitals and clinics have modified some of the regulatory requirements to provide flexibility to podiatrists whose practices were affected during pandemic restrictions. Podiatrists are playing a critical role during this pandemic, especially in the prevention of diabetic and vascular foot ulceration and related hospital admissions as these cases are adding pressure to ICU capacity.

Type Insights

The general podiatry segment dominated the podiatry services market and accounted for the largest revenue share of 44.9% in 2020 owing to the rising prevalence of diabetic foot disorders. Therefore, the rising geriatric population, growing prevalence of diabetes and foot diseases, and rising incidence of injuries are further propelling the growth of the market. On the other hand, the sports podiatry segment is expected to be the fastest-growing segment in the coming years owing to the rising number of people engaged in recreational or professional sports and the higher probability of foot and ankle injuries.

Facility Insights

The podiatry offices/clinics segment dominated the market and accounted for the largest revenue share of 49.1% in 2020. However, the hospital and outpatient departments segment is anticipated to be the fastest-growing segment over the forecast period owing to the growing demand for these services resulting in the progression towards employment of podiatry physicians with larger hospital-based systems. 

Global podiatry services market share, by facility, 2020 (%)

Furthermore, home care and telemedicine services are majorly availed by elderly care owing to the difficulty in movement and for post-surgery care. Besides, the current pandemic situation has added to the growth of telemedicine in podiatry services.

Regional Insights

In 2020, North America dominated the market and accounted for the largest revenue share of 41.8% pertaining to the availability of skilled resources, technological advancements, rise in higher disposable incomes, and preventive approach concerning foot healthcare. The Multidisciplinary Team (MDT) approach and efforts by The International Federation of Podiatrists in 28 member countries to create awareness and adoption had further added to the growth of the market. In addition, some of the healthcare organizations have increased investments to improve their outreach in various geographic locations.

For instance, Kaiser Permanente announced an investment of USD 1.0 billion to expand the reach within the U.S., by opening new centers and through acquisition to serve podiatry services, among many other services. Asia Pacific, on the other hand, is expected to witness the fastest growth over the forecast period from 2021 to 2028 owing to the gradual rise in foot care awareness and adoption of podiatry services in the region.

Key Companies & Market Share Insights

The market is growing gradually and comprises services and treatments concerning foot and ankle diseases, deformities, and injuries. The adoption of the MDT approach to provide integrated and comprehensive treatment to patients has propelled the adoption of podiatry services in hospitals. In addition, the efforts by the podiatry association to create awareness and existing hospitals and clinics working on expanding the reach and availability of the services is further supported the market growth and awareness. The market share for these services grows in parallel to the growth in diabetic, obese, and geriatric populations as these particular groups suffer majorly from foot problems.

Furthermore, the sports segment has seen visible growth as people engaged in recreational or professional sports have a higher probability of foot injury. For instance, over a football season, 15% to 45% incidence are recorded of ankle sprains, making it one of the most common sports injuries. In addition, sports podiatry is largely preferred by athletes and performers indulged in physical activity for training and preventing injury before any major event. Some of the prominent players in the podiatry services market include:

  • Massachusetts General Hospital

  • Kaiser Permanente

  • The London Podiatry Center

  • The Royal Free Hospital

  • Fortis Healthcare

  • Beijing Puhua International Hospital

  • Schoen Clinic

Podiatry Services Market Report Scope

Report Attribute


Market size value in 2021

USD 4.4 Billion

Revenue forecast in 2028

USD 5.0 Billion

Growth rate

CAGR of 1.9% from 2021 to 2028

Base year for estimation


Historical data

2016 - 2019

Forecast period

2021 - 2028

Quantitative units

Revenue in USD Million and CAGR from 2021 to 2028

Report coverage

Revenue forecast, company share, competitive landscape, growth factors & trends

Segments covered

Type, facility, region

Regional scope

North America; Europe; Asia Pacific; Latin America; MEA

Country scope

U.S.; Canada; U.K.; Germany; France; Italy; Spain; China; India; Australia; Brazil; Mexico; South Africa

Key companies profiled

Massachusetts General Hospital; Kaiser Permanente; The London Podiatry Center; The Royal Free Hospital; Fortis Healthcare; Beijing Puhua International Hospital; Schoen Clinic

Customization scope

Free report customization (equivalent up to 8 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

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Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2028. For this study, Grand View Research has segmented the global podiatry services market report based on type, facility, and region:

  • Type Outlook (Revenue, USD Million, 2016 - 2028)

    • General Podiatry

    • Podiatry Surgery

    • Sports Podiatry

    • Podopediatrics

  • Facility Outlook (Revenue, USD Million, 2016 - 2028)

    • Hospitals & Outpatient departments

    • Podiatry Office / Clinics

    • Homecare & Telemedicine

  • Regional Outlook (Revenue, USD Million, 2016 - 2028)

    • North America

      • U.S.

      • Canada

    • Europe

      • U.K.

      • Germany

      • France

      • Italy

      • Spain

    • Asia Pacific

      • China

      • India

      • Australia

    • Latin America

      • Brazil

      • Mexico

    • Middle East & Africa

      • South Africa

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