It depends on the type of damage and the least damage can mean that resting will allow for the body to fix it and the worst would be if the damage is too extensive and surgery might be the only way. Only images such as X-Ray and MRI can tell the amount of damage.
Absolutely! Surgery for iliotibial band pain would be very rare. The first step is to stop running until the pain is completely resolved. This may take up to 6 weeks. Work with a qualified physical therapist to learn exercises that will prevent further inflammation by improving your form.
An iliotibial band injury can be treated in several ways. Using flexible bandages or a knee brace in combination with anti-inflammatory medicine or other pain relievers should be considered as an initial treatment option. Also, icing the knee after activity is another treatment.