Global Bunion Treatment Market Size To Worth USD 45 Million By 2033 | CAGR OF 5.24%

Category: Healthcare

RELEASE DATE Sep 2024
REPORT ID SI6117

Global Bunion Treatment Market Size To Worth USD 45 Million By 2033

According to a research report published by Spherical Insights & Consulting, the Global Bunion Treatment Market Size is to Grow from USD 27 Million in 2023 to USD 45 Million by 2033, at a Compound Annual Growth Rate (CAGR) of 5.24% during the projected period.

Global Bunion Treatment Market

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Browse key industry insights spread across 205 pages with 110 Market data tables and figures & charts from the report on the "Global Bunion Treatment Market Size, Share, and COVID-19 Impact Analysis, By Patient (Paediatric, Adult, Geriatric), By Diagnosis (Radiography, Medical History, X-Rays), By Treatment (Devices, Self-Care, Medications, Surgery), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/bunion-treatment-market

 

A bunion, medically known as hallux valgus, is a bony bump that forms at the base of the big toe where it meets the foot. It occurs when the big toe pushes against the adjacent toe, causing the joint to become misaligned and protrude. This misalignment can lead to pain, swelling, redness, and difficulty walking. Bunion development is often associated with wearing tight or ill-fitting shoes, though it can also result from genetics, arthritis, or foot stress. Treatment options vary depending on the severity. Non-surgical approaches include wearing wider shoes, using padding or orthotics, taking anti-inflammatory medications, and applying ice to reduce swelling. Physical therapy may also help. In more severe cases, surgery (bunionectomy) may be necessary to realign the bones and correct the deformity, particularly when pain persists despite conservative treatments. However, surgery carries risks such as infection, recurrence of the bunion, and a lengthy recovery period.

 

The geriatric segment is expected to hold the greatest share of the global bunion treatment market during the projected time frame.   

Based on the patient, the global bunion treatment market is divided into pediatric, adult, and geriatric. Among these, the geriatric segment is expected to hold the greatest share of the global bunion treatment market during the projected time frame. Because of age and foot problems, the geriatric sector is quickly expanding, raising the need for conservative treatment alternatives such as orthotics and specialty footwear.

 

The X-rays segment is expected to grow at the fastest pace in the global bunion treatment market during the projected timeframe.   

Based on the diagnosis, the global bunion treatment market is divided into radiography, medical history, and X-rays. Among these, the X-rays segment is expected to grow at the fastest pace in the global bunion treatment market during the projected timeframe. Advanced X-rays are increasingly being employed in bunion diagnosis, giving reliable pre-surgical assessment and early detection of joint abnormalities, broadening the scope of bunion diagnosis.

 

The devices segment is expected to grow at the fastest pace in the global bunion treatment market during the projected timeframe.

Based on the treatment, the global bunion treatment market is divided into devices, self-care, medications, and surgery. Among these, the devices segment is expected to grow at the fastest pace in the global bunion treatment market during the projected timeframe. The non-invasive bunion treatment industry is growing as pain management devices become more popular, technology improvements, self-care abilities improve, and elderly patients choose minimally invasive treatments.

 

North America is expected to hold the largest share of the global bunion treatment market over the forecast period.

Global Bunion Treatment Market

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North America is expected to hold the largest share of the global bunion treatment market over the forecast period. This region's bunion treatment market is dominated by lifestyle, an aging population, healthcare infrastructure, improved therapies, aggressive expenditure, and surgical and non-surgical innovation.

 

Asia Pacific is predicted to grow at the fastest pace in the global bunion treatment market during the projected timeframe. The bunion treatment market in the region is rapidly expanding as a result of growing foot health awareness, increased healthcare spending, and an aging population. Also, the growing healthcare spending, improved access to advanced treatments, and an increasingly aging population are the contributing factors.

 

Major vendors in the Global Bunion Treatment Market include Stryker, Zimmer Biomet, Smith & Nephew, Wright Medical Group, Arthrex, DePuy Synthes, Medtronic, Integra LifeSciences, Treace Medical Concepts, Acumed, Orthofix Medical, Merete Medical, Extremity Medical, Nextremity Solutions, Paragon 28, and Others.

 

Recent Developments

  • In September 2023, Stryker launched PROstep MIS Lapidus, a minimally invasive internal fixation system for treating bunions by reducing hallux valgus deformity and fusion of the first metatarsal cuneiform joint.

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Global Bunion Treatment Market based on the below-mentioned segments:

 

Global Bunion Treatment Market, By Patient

  • Pediatric
  • Adult
  • Geriatric

 

Global Bunion Treatment Market, By Diagnosis

  • Radiography
  • Medical History
  • X-Rays

 

Global Bunion Treatment Market, By Treatment

  • Devices
  • Self-Care
  • Medications
  • Surgery

 

Global Bunion Treatment Market, Regional

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa

 

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

 

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