Summary

Global Bunion Correction Systems Market is valued at approximately USD 683.26 million in 2021 and is anticipated to grow with a healthy growth rate of more than 6.9% over the forecast period 2022-2029. Bunion correction systems are specially designed to treat bunion (a deformity that occurs in a foot) that affects the metatarsophalangeal joint. Factors such as the growing incidences of bunions and related conditions, the growing geriatric population, coupled with the change in lifestyle because of the increasing number of working individuals in developed and developing countries are driving market growth across the globe.

The rising inclination towards minimally invasive surgery to correct the condition is acting as a catalyzing factor for market growth. According to Statista, the global market for minimally invasive surgery is expected to reach USD 20.5 billion in 2019. Additionally, it is anticipated that the amount will reach to USD 44.04 billion by 2030. Accordingly, the high preference for minimally invasive surgery is exhibiting a positive influence on the bunion correction systems market. For instance, Zimmer Biomet launched its Re+Line- a Bunion Correction System a minimally invasive compression plate that is designed for easy insertion and medial placement through Guide Technology during bunion correction surgery. Therefore, manufacturers are introducing a wide range of products to meet the growing consumer demand for minimally invasive products. Moreover, growing investment in R&D activities, as well as the increasing healthcare expenditure are presenting many opportunities for market growth over the forecasting years. However, the imposition of stringent norms and shortages of healthcare professionals are hampering the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Bunion Correction Systems Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the availability of skilled professionals and healthcare facilities and the presence of leading market players. Whereas, the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as the rising incidences of bunions, growing geriatric population as well as, increasing healthcare tourism in the market space.

Major market players included in this report are:
Stryker Corporation
Arthrex, Inc.
Zimmer Biomet Holdings, Inc.
Wright Medical Technology, Inc.
Extremity Medical, LLC.
Acumed, LLC.
OrthoHelix Surgical Designs .
CrossRoads Extremity Systems
BioPro, Inc.
Orthofix Holdings Inc.

Recent Developments in the Market:
 In January 2021, CrossRoads Extremity Systems announced the introduction of DynaBunion Lapidus System- a 4D minimally invasive surgical bunion repair system that helps in restoring the normal foot anatomy in 4 different dimensions through small incisions.



Global Bunion Correction Systems Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, End-user, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*




The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Implants & Accessories
Wearables
By End-user:
Hospital
Ambulatory Centers
Specialty Centers

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

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Table of Contents

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
1.2.1. Bunion Correction Systems Market, by Region, 2019-2029 (USD Million)
1.2.2. Bunion Correction Systems Market, by Product, 2019-2029 (USD Million)
1.2.3. Bunion Correction Systems Market, by End-user, 2019-2029 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Bunion Correction Systems Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Bunion Correction Systems Market Dynamics
3.1. Bunion Correction Systems Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Growing incidences of bunions and related conditions
3.1.1.2. Rising inclination towards minimally invasive surgery
3.1.2. Market Challenges
3.1.2.1. Imposition of stringent norms
3.1.2.2. Shortages of healthcare professionals
3.1.3. Market Opportunities
3.1.3.1. Growing investment in R&D activities
3.1.3.2. Increasing healthcare expenditure
Chapter 4. Global Bunion Correction Systems Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Bunion Correction Systems Market, by Product
6.1. Market Snapshot
6.2. Global Bunion Correction Systems Market by Product, Performance - Potential Analysis
6.3. Global Bunion Correction Systems Market Estimates & Forecasts by Product 2019-2029 (USD Million)
6.4. Bunion Correction Systems Market, Sub Segment Analysis
6.4.1. Implants & Accessories
6.4.2. Wearables
Chapter 7. Global Bunion Correction Systems Market, by End-user
7.1. Market Snapshot
7.2. Global Bunion Correction Systems Market by End-user, Performance - Potential Analysis
7.3. Global Bunion Correction Systems Market Estimates & Forecasts by End-user 2019-2029 (USD Million)
7.4. Bunion Correction Systems Market, Sub Segment Analysis
7.4.1. Hospital
7.4.2. Ambulatory Centers
7.4.3. Specialty Centers
Chapter 8. Global Bunion Correction Systems Market, Regional Analysis
8.1. Bunion Correction Systems Market, Regional Market Snapshot
8.2. North America Bunion Correction Systems Market
8.2.1. U.S. Bunion Correction Systems Market
8.2.1.1. Product breakdown estimates & forecasts, 2019-2029
8.2.1.2. End-user breakdown estimates & forecasts, 2019-2029
8.2.2. Canada Bunion Correction Systems Market
8.3. Europe Bunion Correction Systems Market Snapshot
8.3.1. U.K. Bunion Correction Systems Market
8.3.2. Germany Bunion Correction Systems Market
8.3.3. France Bunion Correction Systems Market
8.3.4. Spain Bunion Correction Systems Market
8.3.5. Italy Bunion Correction Systems Market
8.3.6. Rest of Europe Bunion Correction Systems Market
8.4. Asia-Pacific Bunion Correction Systems Market Snapshot
8.4.1. China Bunion Correction Systems Market
8.4.2. India Bunion Correction Systems Market
8.4.3. Japan Bunion Correction Systems Market
8.4.4. Australia Bunion Correction Systems Market
8.4.5. South Korea Bunion Correction Systems Market
8.4.6. Rest of Asia Pacific Bunion Correction Systems Market
8.5. Latin America Bunion Correction Systems Market Snapshot
8.5.1. Brazil Bunion Correction Systems Market
8.5.2. Mexico Bunion Correction Systems Market
8.5.3. Rest of Latin America Bunion Correction Systems Market
8.6. Rest of The World Bunion Correction Systems Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Stryker Corporation
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. Arthrex, Inc.
9.2.3. Zimmer Biomet Holdings, Inc.
9.2.4. Wright Medical Technology, Inc.
9.2.5. Extremity Medical, LLC.
9.2.6. Acumed, LLC.
9.2.7. OrthoHelix Surgical Designs
9.2.8. CrossRoads Extremity Systems
9.2.9. BioPro, Inc.
9.2.10. Orthofix Holdings Inc.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption