Podiatrists Industry Overview

Excerpt from Podiatrists Report

Practitioners in this industry diagnose and treat diseases and deformities of the foot. No major companies dominate the industry.

Competitive Landscape

Demand for podiatry services is driven by population growth and demographics. Large practices enjoy economies of scale related to administrative costs and purchasing diagnostic equipment. Small practices can compete effectively by providing good customer service and by operating from convenient locations.

Products, Operations & Technology

Major areas of treatment include musculoskeletal and connective tissue problems (about 35 percent of industry revenue), skin issues (25 percent), and infectious and parasitic diseases, circulatory problems, endocrine and nutritional issues, and resale of orthopedic equipment (each about 5 percent). Among the common disorders podiatrists treat are ingrown toenails, corns, bunions, bone spurs, arch support, and heel problems. Podiatrists also help diagnose and treat discomfort and pain from systemic disorders such as diabetes, arthritis, and heart disease, as foot pain and discomfort are frequently symptoms of those ailments. Podiatrists consult and confer with other specialists in such cases. Podiatrists visit nursing homes and perform surgery at hospitals, though they treat fewer emergencies than other doctors.