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According to a new report, published by KBV research, The Global Bunion Correction Systems Market size is expected to reach $1.1 billion by 2028, rising at a market growth of 7.1% CAGR during the forecast period.
The Implants & Accessories segment is showcasing a CAGR of 6.7% during (2022 - 2028). The increasing number of people having corrective procedures to treat the issue is one factor that is anticipated to have a beneficial impact on the segment's growth. The emergence of minimally invasive implants that assist in treating the bunion's underlying cause is anticipated to be a major driver of the segment's growth.
The Hospitals segment is leading the Global Bunion Correction Systems Market by End-use in 2021 thereby, achieving a market value of $819.9 million by 2028. The increase in patients having corrective procedures at the hospitals has a good impact on the market expansion. Additionally, throughout the projection period, the advent of less invasive surgery solutions for the illness is anticipated to further support sector growth. To realign and straighten the foot's bones and alleviate pain and swelling, surgical methods typically entail removing the swollen tissue.
The North America market dominated the Global Bunion Correction Systems Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $494.3 million by 2028. The Asia Pacific market is exhibiting a CAGR of 8.1% during (2022 - 2028). Additionally, The Europe market would showcase a CAGR of 6.9% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/bunion-correction-systems-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Stryker Corporation, Arthrex, Inc., Zimmer Biomet Holdings, Inc., Extremity Medical, LLC., Acumed, LLC., De Puy Synthes (Johnson & Johnson), BioPro, Inc., and Orthofix Medical, Inc.
By Product
By End Use
By Geography
Companies Profiled
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