Global Extreme Lateral Interbody Fusion (XLIF) Surgery Market Size To Exceed USD 3.33 Billion By 2033 | CAGR of 5.61%
Category: HealthcareGlobal Extreme Lateral Interbody Fusion (XLIF) Surgery Market Size To Exceed USD 3.33 Billion By 2033
According to a research report published by Spherical Insights & Consulting, the Global Extreme Lateral Interbody Fusion (XLIF) Surgery Market Size is Expected to Grow from USD 1.93 Billion in 2023 to USD 3.33 Billion by 2033, at a CAGR of 5.61% during the forecast period 2023-2033.
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Browse key industry insights spread across 220 pages with 106 Market data tables and figures & charts from the report on Global Extreme Lateral Interbody Fusion (XLIF) Surgery Market Size, Share, and COVID-19 Impact Analysis, By Product Type (XLIF Interbody Fusion Systems and XLIF Interbody Cages), By Application (Hospitals, Ambulatory Surgical Centers, and Orthopedic Clinics), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/extreme-lateral-interbody-fusion-surgery-market
The neurosurgeon uses a minimally invasive technique called extreme lateral interbody fusion, or XLIF for short, to enter the spine from the side of the body during lumbar spinal fusion surgery, also referred to as lumbar interbody fusion. It is a surgical treatment used to treat various diseases of the spine. The process involves fusing the injured area, which stabilizes the spine and lessens any pain. Additionally, extreme Lateral Interbody Fusion (XLIF) frequently results in decreased mobility and persistent pain, which calls for surgical options that offer long-term comfort and enhance quality of life. The need for sophisticated, minimally invasive surgical methods like XLIF is growing as the prevalence of these illnesses rises, especially in older populations and among people who lead sedentary lives. The market is expanding as a consequence of healthcare providers being encouraged to invest in and implement XLIF procedures due to the spike in demand. However, access to XLIF surgery is limited because of its high cost, which includes the sophisticated tools and technology needed, which may be unaffordable for certain patients and healthcare systems.
The XLIF interbody cages segment is expected to hold the largest share of the global extreme lateral interbody fusion (XLIF) surgery market during the projected timeframe.
Based on product type, the global extreme lateral interbody fusion (XLIF) surgery market is categorized as XLIF interbody fusion systems and XLIF interbody cages. Among these, the XLIF interbody cages segment is expected to hold the largest share of the global extreme lateral interbody fusion (XLIF) surgery market during the projected timeframe. Implantable devices designed specifically for interbody fusion during XLIF surgeries are called XLIF interbody cages. They are positioned between adjacent vertebrae to aid in fusion, decompress nerves, and restore disc height. Because they are considered the primary component of the process, these cages are used more frequently.
The hospitals segment is expected to grow at the fastest CAGR during the projected timeframe.
Based on the application, the global extreme lateral interbody fusion (XLIF) surgery market is categorized as hospitals, ambulatory surgical centers, and orthopedic clinics. Among these, the hospitals segment is expected to grow at the fastest CAGR during the projected timeframe. Hospitals are still essential for treating the large number of patients who require complex spinal operations. Most large hospitals have doctors, medical staff, and diagnostic technology to execute any kind of operation.
North America is projected to hold the largest share of the global extreme lateral interbody fusion (XLIF) surgery market over the forecast period.
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North America is projected to hold the largest share of the global extreme lateral interbody fusion (XLIF) surgery market over the forecast period. This is due to the high frequency and occurrence of spine issues in the area. Improvements in healthcare infrastructure and growing awareness of complex spinal surgery procedures are contributing factors to the market's expansion. Furthermore, the region is positioned as a viable market due to the increased need for minimally invasive surgical treatments and rising healthcare costs. The US International Trade Commission estimates that between 100,000 and 200,000 medical visits are made to the US annually.
Europe is expected to grow at the fastest CAGR growth of the global extreme lateral interbody fusion (XLIF) surgery market during the forecast period. With countries like Germany, the UK, France, and Italy showcasing sophisticated healthcare systems and increasing prevalence of spinal diseases, Europe is another significant market for XLIF operations. The Council of Europe estimates that every year, 11,000 new cases of spinal-related illnesses are added to the existing list of individuals with these issues.
Major vendors in the global extreme lateral interbody fusion (XLIF) surgery market are Medtronic plc, Johnson & Johnson, Stryker Corporation, Zimmer Biomet Holdings Inc., NuVasive Inc., Globus Medical Inc., DePuy Synthes, B. Braun Melsungen AG, Alphatec Holdings Inc., RTI Surgical Holdings Inc., K2M Group Holdings Inc., Orthofix Medical Inc., Aesculap Implant Systems, SpineWave Inc., and others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global extreme lateral interbody fusion (XLIF) surgery market based on the below-mentioned segments:
Global Extreme Lateral Interbody Fusion (XLIF) Surgery Market, By Product Type
- XLIF Interbody Fusion Systems
- XLIF Interbody Cages
Global Extreme Lateral Interbody Fusion (XLIF) Surgery Market, By Application
- Hospitals
- Ambulatory Surgical Centers
- Orthopedic Clinics
Global Extreme Lateral Interbody Fusion (XLIF) Surgery Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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