The global DLIF & XLIF implants market size is expected to reach USD 1.94 billion by 2030, registering to grow at a CAGR of 3.4% from 2024 to 2030 . Increasing prevalence of spinal cord injuries and diseases, growing adoption of minimally invasive surgical procedures, availability of technologically advanced products for spinal surgeries, and increasing obesity are augmenting the market.
Aging is one of the critical factors responsible for spine degeneration, which leads to instability and back pain. Thus, rising geriatric population worldwide is projected to increase the demand for DLIF and XLIF implants. These implants are minimally invasive procedures and are gaining popularity owing to their associated advantages such as reduction in duration of surgery and hospital stay, lower trauma and incisions, lower blood loss, reduced recovery time, and reduced damage to surrounding tissues & anatomical structures. DLIF and XLIF surgeries are, thus, considered viable options and being increasingly acknowledged by healthcare professionals.
Degenerative disc disease is a common cause of back pain and a widespread public health issue. It is among the leading causes for disabilities that affect the general wellbeing of people and ability to perform activities in day-to-day life. Spiraling demand for spinal surgeries and increasing number of people opting for treatment for back pain are likely to drive the overall market.
North America dominated the market in 2023, owing to increasing spinal injuries, large base of geriatric population, and rising research activities for development of innovative spine approaches. Moreover, Asia Pacific is expected to witness the fastest growth at a CAGR of 9.3% over the forecast period, owing to continuous improvements in infrastructure and healthcare facilities and rising healthcare expenditure. Mounting cases of trauma and growing geriatric population are leading to increased prevalence of spinal cord injuries, thereby propelling the regional market. Furthermore, flourishing medical tourism in the region is benefitting the growth of the market.
Some of the significant market players are Medtronic; NuVasive, Inc.; Globus Medical, Inc.; Stryker Corporation; DePuy Synthes Companies; Orthofix Holdings, Inc.; and Zimmer Biomet. These companies focus on new product launches, technological innovations, and regional expansion to consolidate their position in the market.
Aging is one of the critical factors responsible for spine degeneration, which leads to instability and back pain. Thus, rising geriatric population worldwide is projected to increase the demand for DLIF and XLIF implants. These implants are minimally invasive procedures and are gaining popularity owing to their associated advantages such as reduction in duration of surgery and hospital stay, lower trauma and incisions, lower blood loss, reduced recovery time, and reduced damage to surrounding tissues & anatomical structures. DLIF and XLIF surgeries are, thus, considered viable options and being increasingly acknowledged by healthcare professionals.
Degenerative disc disease is a common cause of back pain and a widespread public health issue. It is among the leading causes for disabilities that affect the general wellbeing of people and ability to perform activities in day-to-day life. Spiraling demand for spinal surgeries and increasing number of people opting for treatment for back pain are likely to drive the overall market.
North America dominated the market in 2023, owing to increasing spinal injuries, large base of geriatric population, and rising research activities for development of innovative spine approaches. Moreover, Asia Pacific is expected to witness the fastest growth at a CAGR of 9.3% over the forecast period, owing to continuous improvements in infrastructure and healthcare facilities and rising healthcare expenditure. Mounting cases of trauma and growing geriatric population are leading to increased prevalence of spinal cord injuries, thereby propelling the regional market. Furthermore, flourishing medical tourism in the region is benefitting the growth of the market.
Some of the significant market players are Medtronic; NuVasive, Inc.; Globus Medical, Inc.; Stryker Corporation; DePuy Synthes Companies; Orthofix Holdings, Inc.; and Zimmer Biomet. These companies focus on new product launches, technological innovations, and regional expansion to consolidate their position in the market.
DLIF & XLIF Implants Market Report Highlights
- Degenerative Disc Diseases (DDD) led the market with a dominant share of 47.6% in 2023. The increasing prevalence of DDD among the elderly population owing to age-related wear and tear, sedentary lifestyles, and genetic predisposition has primarily fueled the market.
- Hospitals have dominated the market with the largest global revenue share in 2023. Hospitals cater to patients with state-of-the-art equipment that enhances surgical precision and accuracy. This includes robotic-assisted surgery that offers accurate precision compared to traditional manual techniques.
- Scoliosis is expected to emerge substantially at the fastest CAGR over the forecast period. This condition is characterized by abnormal lateral curvature of the spine, owing to genetic predisposition, growth spurts during adolescence, and lifestyle shifts. It has become increasingly prevalent.
The leading players in the DLIF & XLIF Implants market include:
- Medtronic
- Stryker
- NuVasive, Inc.
- Globus Medical
- Medtronic Plc.
- DePuy Synthes (Johnson & Johnson)
- Zimmer Biomet
- Orthofix Medical Inc.
- ATEC Spine, Inc
- Captiva Spine, Inc.
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. DLIF and XLIF Implants Market Variables, Trends, & Scope
Chapter 4. DLIF and XLIF Implants Market: Application Estimates & Trend Analysis
Chapter 5. DLIF and XLIF Implants Market: End Use Estimates & Trend Analysis
Chapter 6. DLIF and XLIF Implants Market: Regional Estimates & Trend Analysis
Chapter 7. Competitive Landscape
Companies Mentioned
The leading players in the DLIF & XLIF Implants market include:- Medtronic
- Stryker
- NuVasive, Inc.
- Globus Medical
- Medtronic Plc.
- DePuy Synthes (Johnson & Johnson)
- Zimmer Biomet
- Orthofix Medical Inc.
- ATEC Spine, Inc
- Captiva Spine, Inc.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 100 |
| Published | September 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 1.54 Billion |
| Forecasted Market Value ( USD | $ 1.94 Billion |
| Compound Annual Growth Rate | 3.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
