March 29, 2020
Cracked heels treatment

Cracked heels treatment Market is gaining huge growth in upcoming years: Credence Research

The global market for cracked heels was valued at US$ 1.69 billion in 2016 and is expected to reach US$ 2.45 billion by 2025, increasing to CAGR by 4.1% from 2017 to 2025.

Cracked heels, also known as heel cracks, are usually caused by xerosis (dry skin). Some common causes of cracked heels include skin disorder, eczema, poor foot moisture, diabetes, thyroid problems, kidney problems, nutrient deficiency, excess weight, etc. For the purpose of the study cracked heels treatment market is segmented by product type such as foot creams, foot scrub soaps, heel scrapers and stones, bandages and dressings, insoles, heel pads or cups, special tissue glue and others. It is noted that foot creams are a major revenue-generating segment and held more than 50% of the market share due to ease of use, wide availability and cost-effectiveness.

Currently, North America is a major revenue contributor due to higher target populations, increased consumer awareness, lifestyle patterns, and high healthcare costs. Rising prevalence of diabetes in North America leads to diabetic foot ulcers requiring medical intervention, which in turn leads to a significant increase in the market for cracked heel treatment. However, the Asia-Pacific region is expected to show the highest market growth during the forecast period due to a large number of target populations, the development of healthcare infrastructure and increased consumer awareness.

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Market Competition Assessment:

The cracked heels treatment market is observed to be highly competitive and comprises large number of players. However, the market is currently dominated by few players such as Bayer AG, Beiersdorf, Ego Pharmaceuticals Pty. Ltd., Galderma S.A., Moberg Pharma, Neat Feat Products Ltd., Neutrogena (Johnson & Johnson), Oriflame Cosmetics Global SA, Reckitt Benckiser (Scholl) and others.

Based on the product type, the global cracked heels treatment market is segmented as follows:  

  • Foot Creams
  • Foot Scrub Soaps
  • Heel Scrapers and Stones
  • Bandages and Dressings
  • Insoles, Heel Pads or Cups
  • Special Tissue Glue
  • Others

Key Market Movements:

  • Increasing consumer awareness, changing lifestyle pattern and growing number of targeted population are prime factors that are driving the growth of cracked heels treatment market globally
  • Growing incidence of causative factors such as diabetes, thyroid problems, kidney disorders and obesity are another factors that fueling the growth of cracked heels treatment market
  • However, unawareness about cracked heels and poor treatment compliance in some developing countries may negatively impacting the growth of cracked heels treatment market.

Get sample copy of report here: https://www.credenceresearch.com/sample-request/58770

About Credence Research
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives.Media Contact
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