Kings Research today announced the release of its latest market intelligence study, “Global Bunion Surgery Market: Size, Share, Trends & Forecast 2024–2031.” The report provides a comprehensive analysis of the market’s trajectory, including forecasts, drivers, opportunities, and competitive dynamics.
According to Kings Research, the global bunion surgery market was valued at USD 783.7 million in 2023 and is projected to grow from USD 823.5 million in 2024 to USD 1,232.1 million by 2031, exhibiting a CAGR of 5.92% during the forecast period.
Bunion surgery addresses hallux valgus, a common foot deformity characterized by the lateral deviation of the big toe. This condition affects approximately 19% of the global population (Source: https://pmc.ncbi.nlm.nih.gov/), with significantly higher prevalence in women and older adults. Hallux valgus causes pain, difficulty in shoe fitting, gait changes, and can lead to complications such as arthritis. It also negatively impacts quality of life, particularly in the elderly, by increasing the risk of falls.
Surgical interventions aim to realign the toe, alleviate symptoms, and restore mobility. The success rate for bunion surgery is approximately 85–90%, with a recurrence rate of around 4.9% (Source: https://pmc.ncbi.nlm.nih.gov/). Common surgical techniques include osteotomy, exostectomy, and arthrodesis.
Overall, bunion surgery remains a vital option for managing hallux valgus, improving both pain and function. The rising prevalence of the condition, especially among women and the elderly, underscores the importance of continued advancements in surgical techniques and postoperative care to enhance patient outcomes.
Kings Research identifies the following growth accelerators:
- Aging Population: The global increase in life expectancy contributes to a higher prevalence of bunions, particularly among the elderly. Approximately 35.7% of individuals over 65 years have hallux valgus (bunion), with a pooled prevalence of 23% in adults aged 18–65 years (Source: https://pmc.ncbi.nlm.nih.gov/).
- Advancements in Minimally Invasive Techniques: Technological innovations have led to less invasive procedures, reducing recovery times and improving patient outcomes.
- Rising Awareness of Foot Health: Increased public awareness about foot health and available treatment options is driving demand for surgical interventions. Approximately 23% of adults are affected by bunions, with some studies indicating that as many as one in three people may experience them (Source: https://timesofindia.indiatimes.com/). In England, an average of 10,157 bunion surgeries were performed annually over a 10-year period from 1999 to 2019 (Source:https://oruk.org/).
- Improved Surgical Systems: Advancements in surgical tools and techniques enhance the precision and effectiveness of bunion surgeries.
For decision-makers—CIOs, CTOs, COOs—the bunion surgery market presents compelling opportunities:
- Efficiency Gains: Adoption of advanced surgical techniques can lead to faster procedures and reduced hospital stays.
- Cost Savings: Minimally invasive surgeries often result in lower overall treatment costs due to shorter recovery times.
- Scalability & Agility: Integration of innovative surgical systems allows healthcare providers to offer a wider range of services.
- Compliance & Risk Mitigation: Enhanced surgical precision reduces the risk of complications, improving patient safety and compliance with healthcare regulations.
- Innovation & Experience: Offering state-of-the-art surgical options can enhance patient satisfaction and differentiate healthcare providers in a competitive market.
Regional Outlook
- North America: Held the largest market share in 2023, driven by advanced healthcare infrastructure and high prevalence of bunions.
- Asia-Pacific: Expected to witness the fastest growth, fueled by aging populations and increasing healthcare access in countries like China and Japan.
Competitive Landscape
Prominent companies are expanding via acquisitions, partnerships, and product launches. Key market players include Astrolabe, Zimmer Biomet, Extremity Medical, Paragon 28, Inc., BioPro, Inc, CONMED Corporation, Acumed, Treace Medical Concepts, Inc., Voom, Medartis AG, Stryker, Deva Tibbi, Arthrex, Inc., Johnson & Johnson Services, Inc., and Enovis Corporation.
The full Kings Research report provides detailed segmentation by product type, patient demographics, surgical techniques, end users, and regional markets. To request a sample, access the full report, or explore custom consulting services, please visit https://www.kingsresearch.com/bunion-surgery-market-1949.
About Kings Research:
Kings Research is a global provider of syndicated research reports and consulting services, helping organizations navigate emerging markets, assess opportunities, and make informed business decisions.
All market data are sourced from Kings Research proprietary analysis, validated against public releases and credible industry sources. Examples cited include PMC – PubMed Central, PubMed, and Ortho Research UK (ORUK).