A bunion is a debilitating bone deformity of the foot that causes swelling, pain, and makes it difficult to wear shoes. Rising geriatric population worldwide is leading to an increase in the number of individuals suffering from bunions. Additionally, growing awareness regarding treatment options and availability of advanced minimally invasive procedures are projected to drive the market growth during the forecast period.
Market Dynamics:
The key drivers fueling the growth of the global bunion surgery market include the rising prevalence of bunions worldwide due to increased time spent standing, obesity rates as well as footwear choices such as wearing tight and pointed shoes. Growing geriatric population is another major growth driver as bunions are more common in older individuals. According to WHO data released in October 2024, the global population aged 60 years and older is expected to nearly double from 12% to 22% between 2015 and 2050. The number of older individuals worldwide is projected to reach 2 billion by 2050. On the other hand, high cost of surgical procedures and post-operative complications such as infections are expected to restrain the market growth to some extent. However, continued innovation in minimally invasive techniques such as laser bunionectomy present new opportunities. Novel techniques allow faster recovery time and reduce pain, scarring and risk of complications.
Key Features of the Study:
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