Market Overview:
Bunions are frequent among those
who work in jobs that require much standing and walking, such as teaching and
nursing. Furthermore, vocations such as ballet dancers are prone to significant
cyclic stresses. As per MRFR, the Bunion
(Hallux Valgus) Treatment Market trends is estimated to gain a CAGR of approximately 6.80% in the forecast
period 2023-2032.
The altering demographics with an
augmented risk of health problems, and a developing senior population, are the
key factors driving the worldwide bunion treatment market size, over the
forecast period.
Competitive
Analysis
The continuation of occasional lockdowns in numerous regions may
cause the market expansion to be hampered if resources such as labor and supply
chains are severely impacted. The global market is expected to diversify in
operational techniques as innovative models for operation and delivery are
implemented. Government assistance is expected to support worldwide market
development in the next years. Due to the return of COVID cases in many
locations, the market may exhibit constrained growth. It is projected that the
emphasis on accumulating reserves of resources to deal with unexpected crises
would impact future market trends. Market developments and research are
expected to generate attractive growth opportunities in the next years. The
reliance on online commerce for sales is expected to increase significantly
during the forecast period, prompting market stakeholders to invest more in its
growth.
The distinguished contenders in the bunion treatment market are Arthrex,
Inc. (U.S.), Smith & Nephew plc (U.K.), Össur (Iceland), Acumed, LLC
(U.S.), Extremity Medical, LLC (U.S.), De Puy Synthes (U.S.), Zimmer Biomet
Holdings, Inc. (U.S.), Wright Medical Technology, Inc. (U.S.), Biomet, Inc.
(U.S.), Integra LifeSciences Holdings Corporation (U.S.), BioPro, Inc. (U.S.),
Orthofix Holdings Inc. (U.S.), Tornier N.V. (Netherlands), OrthoHelix Surgical
Designs, Inc. (U.S.), Mondeal Medical Systems GmbH (Germany), and Stryker
Corporation (U.S.).
Segmental Analysis
The bunion
treatment market research is segmented on the basis of diagnosis,
treatment, and end-users. The bunion treatment market is divided into four
categories based on treatment: self-care, gadgets, medical treatments, drugs,
and surgery. Based on the diagnosis, the bunion treatment market can be
segmented into medical history, physical examination, X-rays, and radiography. The bunion treatment market overview is divided into podiatrists,
research institutions, healthcare service providers, and academic institutes
based on the end-user.
Detailed Regional
Analysis
Due to the general
progressive lifestyle in the United States, the Americas are expected to hold
the highest bunion treatment market overview. Due to significant technical
improvements, Europe is predicted to take second place in the bunion treatment
market in the next five years. Due to a growing older population and a growing
number of podiatrists, the Asia Pacific bunion treatment market is anticipated
to grow at the quickest rate over the projected period. Furthermore, extended
healthcare spending and evolving healthcare infrastructure are expected to
propel market expansion in this region all across the forecast period. The
Middle East, Latin America, and Africa are also anticipated to grow
dramatically during the next five years.
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