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Global Extreme Lateral Interbody Fusion (XLIF) Surgery Market – Industry Trends and Forecast to 2029

  • Healthcare
  • Upcoming Report
  • Mar 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Extreme Lateral Interbody Fusion (XLIF) Surgery Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR - 4.2% Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 973.40 Million
Diagram Market Size (Forecast Year) USD 1369.62 Million
Diagram CAGR 4.2%

Global Extreme Lateral Interbody Fusion (XLIF) Surgery Market, By Product Type (XLIF Interbody Cages, XLIF Interbody Fusion Systems), End User (Hospitals, Spinal Surgery Centers, Others) – Industry Trends and Forecast to 2029.

Global Extreme Lateral Interbody Fusion (XLIF) Surgery Market Analysis and Size

The technique is emerging as a prominent technique in the healthcare sector as it is known as less invasive. The technique avoids dissecting around the nerves, organs, large blood vessels and muscles. The increase in the prevalence of spondylitis is escalating the growth of extreme lateral interbody fusion (XLIF) surgery market.

  • The extreme lateral interbody fusion (XLIF) surgery market was valued at USD 973.40 million in 2021 and is expected to reach USD 1,369.62 million by 2029, registering a CAGR of 4.20% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Global Extreme Lateral Interbody Fusion (XLIF) Surgery Market Definition

Extreme lateral interbody fusion surgery (XLIF) refers to a specific medical procedure that is known to be minimally-invasive therapy that is used in the treatment of back or leg pain. This technique is highly beneficial for stabilizing the spinal bones or vertebrae. The spinal cord is basically a nerve center of the body connecting the brain to the rest of the body, and thus it is recommended when the spine is unstable or natural disc space has decreased.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Product Type (XLIF Interbody Cages, XLIF Interbody Fusion Systems), End User (Hospitals, Spinal Surgery Centers, Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Market Players Covered

Spine Wave, Inc. (US), Tyber Medical LLC (US), Zimmer Biomet (US), Stryker (US), RTI Surgical (US), NuVasive, Inc. (US), Medtronic (US), Globus Medical (US), ATEC Spine, Inc. (US), Captiva Spine, Inc. (US), Orthofix Medical Inc. (US), and Johnson & Johnson Services, Inc. (US), among others

Market Opportunities

  • Rise in the prevalence of diseases
  • Increase in the geriatric population
  • Rise in need for efficient treatment

Extreme Lateral Interbody Fusion (XLIF) Surgery Market Dynamics

This section deals with understanding the market drivers, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

  • Prevalence of Diseases associated with Spine

The rise in the prevalence of diseases associated with spine, such as spinal stenosis, spondylitis, disc herniation, and degenerative disc disease acts as one of the major factors driving the growth of extreme lateral interbody fusion (XLIF) surgery market.

  • Geriatric Population

The increase in the geriatric population accelerate the market growth as they are more prone to spine disorders.

  • Need For Efficient Treatment

The rise in need for efficient treatment in remote, and emerging areas further influence the market.

Opportunities

Furthermore, rise in research and development initiatives for spine surgery extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, increase in patient awareness programs will further expand the market.

Restraints/Challenges Global Extreme Lateral Interbody Fusion (XLIF) Surgery Market

On the other hand, high capital expenditure required for these procedures and stringent levels of regulatory procedure and compliances for product approvals are expected to obstruct market growth. Also, rise in the preferences of drugs over treatment is projected to challenge the portable medical electronic devices market in the forecast period of 2022-2029.

This extreme lateral interbody fusion (XLIF) surgery market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on extreme lateral interbody fusion (XLIF) surgery market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Extreme Lateral Interbody Fusion (XLIF) Surgery Market

COVID-19 had a negative impact on the extreme lateral interbody fusion (XLIF) surgery market. Hospital access was restricted to non-essential care, and O&P clinics were temporarily closed during the pandemic. The implementation of social distancing, lockdown of the population and limited access to clinics greatly affected the market. The slow-down in patient flow and referrals also impacted the market growth. However, market will resume its growth in the post-pandemic due to the easing in restrictions that were imposed earlier.

Global Extreme Lateral Interbody Fusion (XLIF) Surgery Market Scope and Market Size

The extreme lateral interbody fusion (XLIF) surgery market is segmented on the basis of product type and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

  • XLIF interbody cages
  • XLIF interbody fusion systems

On the basis of product type, the extreme lateral interbody fusion (XLIF) surgery market is segmented into XLIF interbody cages and XLIF interbody fusion systems.

End User

  • Hospitals
  • Spinal Surgery Centers
  • Others

On the basis of end user, the extreme lateral interbody fusion (XLIF) surgery market is segmented into hospitals, spinal surgery centers and others.

Extreme Lateral Interbody Fusion (XLIF) Surgery Market Regional Analysis/Insights

The extreme lateral interbody fusion (XLIF) surgery market is analysed and market size insights and trends are provided by country, product type and end user as referenced above.

The countries covered in the extreme lateral interbody fusion (XLIF) surgery market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the extreme lateral interbody fusion (XLIF) surgery market because of the sophisticated infrastructure with modern software modalities in the health care sector within the region.

Asia-Pacific (APAC) is expected to witness significant growth during the forecast period of 2022 to 2029 due to the high prevalence and incidence of spine disorders in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Healthcare Infrastructure growth Installed base and New Technology Penetration

The extreme lateral interbody fusion (XLIF) surgery market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for extreme lateral interbody fusion (XLIF) surgery market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the extreme lateral interbody fusion (XLIF) surgery market. The data is available for historic period 2010-2020.

Competitive Landscape and Extreme Lateral Interbody Fusion (XLIF) Surgery Market Share Analysis

The extreme lateral interbody fusion (XLIF) surgery market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to extreme lateral interbody fusion (XLIF) surgery market.

Some of the major players operating in the extreme lateral interbody fusion (XLIF) surgery market are:

  • Spine Wave, Inc., (US)
  • Tyber Medical LLC (US)
  • Zimmer Biomet (US)
  • Stryker (US)
  • RTI Surgical (US)
  • NuVasive, Inc. (US)
  • Medtronic (US)
  • Globus Medical (US)
  • ATEC Spine, Inc., (US)
  • Captiva Spine, Inc (US)
  • Orthofix Medical Inc., (US)
  • Johnson & Johnson Services, Inc., (US)

Research Methodology : Global Extreme Lateral Interbody Fusion (XLIF) Surgery Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-xlif-surgery-market


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

The Extreme Lateral Interbody Fusion (XLIF) Surgery Market is expected USD 1,369.62 million by 2029.
The Extreme Lateral Interbody Fusion (XLIF) Surgery Market is Expected to Witness CAGR of 4.20% During the Forecast Period of 2022 to 2029.
The Major Players Operating in the Extreme Lateral Interbody Fusion (XLIF) Surgery Market are Spine Wave, Inc. (US), Tyber Medical LLC (US), Zimmer Biomet (US), Stryker (US), RTI Surgical (US), NuVasive, Inc. (US), among others.
The Countries Covered in the Extreme Lateral Interbody Fusion (XLIF) Surgery Market Report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
The Extreme Lateral Interbody Fusion (XLIF) Surgery Market Report Curated by the Data Bridge Market Research Team Includes In-Depth Expert Analysis, Patient Epidemiology, Pipeline Analysis, Pricing Analysis, and Regulatory Framework.
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