The North America Bunion Correction Systems Market would witness market growth of 6.5% CAGR during the forecast period (2022-2028).
One important reason that is projected to drive the market growth is the availability of a wide range of different surgical and non-surgical procedures to manage the problem, such as PROstep MIS, a non-invasive process. In general, orthopedic implants, bunion pads and tapings, painkillers, injectables, surgery, injections, and physical therapy are used to treat bunions.
The market is predicted to rise with the increasing number of procedures aiming to treat the condition; for example, according to a San Mateo Podiatry Group article, approximately 150,000 surgeries are performed annually in the United States. Additionally, the FDA's continued approval of new products is anticipated to fuel market growth.
About one-third of adults in the United States suffer from bunions, which are a highly prevalent foot condition. Bunions are more common as people age. Because to differences in foot architecture, footwear, and hereditary variables, they are more prevalent in women than in males. Companies are expanding their offering of foot and ankle solutions in an effort to market the most recent items in the North American market.
The US market dominated the North America Bunion Correction Systems Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $356.6 million by 2028. The Canada market is poised to grow at a CAGR of 9% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 8% during (2022 - 2028).
Based on Product, the market is segmented into Wearables and Implants & Accessories. Based on End-Use, the market is segmented into Hospitals, Ambulatory Centers, and Specialty Centers. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Bunion Correction Systems Market is Predict to reach $1.1 Billion by 2028, at a CAGR of 7.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Stryker Corporation, Arthrex, Inc., Zimmer Biomet Holdings, Inc., Extremity Medical, LLC., Acumed, LLC., De Puy Synthes (Johnson & Johnson), BioPro, Inc., and Orthofix Medical, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Wearables
- Implants & Accessories
By End Use
- Hospitals
- Ambulatory Centers
- Specialty Centers
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Stryker Corporation
- Arthrex, Inc.
- Zimmer Biomet Holdings, Inc.
- Extremity Medical, LLC.
- Acumed, LLC.
- De Puy Synthes (Johnson & Johnson)
- BioPro, Inc.
- Orthofix Medical, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Bunion Correction Systems Market, by Product
1.4.2 North America Bunion Correction Systems Market, by End Use
1.4.3 North America Bunion Correction Systems Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Bunion Correction Systems Market
Chapter 4. North America Bunion Correction Systems Market by Product
4.1 North America Wearables Market by Country
4.2 North America Implants & Accessories Market by Country
Chapter 5. North America Bunion Correction Systems Market by End-use
5.1 North America Hospitals Market by Country
5.2 North America Ambulatory Centers Market by Country
5.3 North America Specialty Centers Market by Country
Chapter 6. North America Bunion Correction Systems Market by Country
6.1 US Bunion Correction Systems Market
6.1.1 US Bunion Correction Systems Market by Product
6.1.2 US Bunion Correction Systems Market by End-use
6.2 Canada Bunion Correction Systems Market
6.2.1 Canada Bunion Correction Systems Market by Product
6.2.2 Canada Bunion Correction Systems Market by End-use
6.3 Mexico Bunion Correction Systems Market
6.3.1 Mexico Bunion Correction Systems Market by Product
6.3.2 Mexico Bunion Correction Systems Market by End-use
6.4 Rest of North America Bunion Correction Systems Market
6.4.1 Rest of North America Bunion Correction Systems Market by Product
6.4.2 Rest of North America Bunion Correction Systems Market by End-use
Chapter 7. Company Profiles
7.1 Johnson & Johnson (DePuy Synthes)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental &Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Acquisition and Mergers:
7.2 Orthofix Medical, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Approvals and Trials:
7.2.5.2 Acquisition and Mergers:
7.3 Zimmer Biomet Holdings, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Acquisition and Mergers:
7.4 Stryker Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Acquisition and Mergers:
7.5 Acumed LLC
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Acquisition and Mergers:
7.6 Extremity Medical, LLC
7.6.1 Company Overview
7.7 BioPro, Inc.
7.7.1 Company Overview
7.8 Arthrex, Inc.
7.8.1 Company Overview
TABLE 1 North America Bunion Correction Systems Market, 2018 - 2021, USD Million
TABLE 2 North America Bunion Correction Systems Market, 2022 - 2028, USD Million
TABLE 3 North America Bunion Correction Systems Market by Product, 2018 - 2021, USD Million
TABLE 4 North America Bunion Correction Systems Market by Product, 2022 - 2028, USD Million
TABLE 5 North America Wearables Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Wearables Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Implants & Accessories Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Implants & Accessories Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Bunion Correction Systems Market by End-use, 2018 - 2021, USD Million
TABLE 10 North America Bunion Correction Systems Market by End-use, 2022 - 2028, USD Million
TABLE 11 North America Hospitals Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Hospitals Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Ambulatory Centers Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Ambulatory Centers Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Specialty Centers Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Specialty Centers Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Bunion Correction Systems Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Bunion Correction Systems Market by Country, 2022 - 2028, USD Million
TABLE 19 US Bunion Correction Systems Market, 2018 - 2021, USD Million
TABLE 20 US Bunion Correction Systems Market, 2022 - 2028, USD Million
TABLE 21 US Bunion Correction Systems Market by Product, 2018 - 2021, USD Million
TABLE 22 US Bunion Correction Systems Market by Product, 2022 - 2028, USD Million
TABLE 23 US Bunion Correction Systems Market by End-use, 2018 - 2021, USD Million
TABLE 24 US Bunion Correction Systems Market by End-use, 2022 - 2028, USD Million
TABLE 25 Canada Bunion Correction Systems Market, 2018 - 2021, USD Million
TABLE 26 Canada Bunion Correction Systems Market, 2022 - 2028, USD Million
TABLE 27 Canada Bunion Correction Systems Market by Product, 2018 - 2021, USD Million
TABLE 28 Canada Bunion Correction Systems Market by Product, 2022 - 2028, USD Million
TABLE 29 Canada Bunion Correction Systems Market by End-use, 2018 - 2021, USD Million
TABLE 30 Canada Bunion Correction Systems Market by End-use, 2022 - 2028, USD Million
TABLE 31 Mexico Bunion Correction Systems Market, 2018 - 2021, USD Million
TABLE 32 Mexico Bunion Correction Systems Market, 2022 - 2028, USD Million
TABLE 33 Mexico Bunion Correction Systems Market by Product, 2018 - 2021, USD Million
TABLE 34 Mexico Bunion Correction Systems Market by Product, 2022 - 2028, USD Million
TABLE 35 Mexico Bunion Correction Systems Market by End-use, 2018 - 2021, USD Million
TABLE 36 Mexico Bunion Correction Systems Market by End-use, 2022 - 2028, USD Million
TABLE 37 Rest of North America Bunion Correction Systems Market, 2018 - 2021, USD Million
TABLE 38 Rest of North America Bunion Correction Systems Market, 2022 - 2028, USD Million
TABLE 39 Rest of North America Bunion Correction Systems Market by Product, 2018 - 2021, USD Million
TABLE 40 Rest of North America Bunion Correction Systems Market by Product, 2022 - 2028, USD Million
TABLE 41 Rest of North America Bunion Correction Systems Market by End-use, 2018 - 2021, USD Million
TABLE 42 Rest of North America Bunion Correction Systems Market by End-use, 2022 - 2028, USD Million
TABLE 43 Key information –Johnson & Johnson
TABLE 44 Key Information – Orthofix Medical, Inc.
TABLE 45 key Information – Zimmer Biomet Holdings, Inc.
TABLE 46 key Information – Stryker Corporation
TABLE 47 Key Information – Acumed LLC
TABLE 48 Key Information – Extremity Medical, LLC
TABLE 49 Key Information – BioPro, Inc.
TABLE 50 Key information – Arthrex, Inc.
List of Figures
FIG 1 Methodology for the research