The Global Transforaminal Lumbar Interbody Fusion Market size was valued at $ 1901.67 million in 2020, and is projected to reach $3012.47 million by 2028, registering a CAGR of 4% from 2022 to 2028.
Transforaminal lumbar interbody fusion (TLIF) is an advanced form of spinal fusion procedure performed at the lower back. It involves removing two intervertebral discs and connecting two or more vertebrae with the help of spinal cages and screws. The goal of the TLIF procedure is to create a hard bone between two or more vertebrae to stop movement between the bones, reducing internal pain and inflammation. This procedure is performed to stabilize the spine when the spine is unstable. The TLIF procedure mainly involves decompression of the lumbar nerve, removal of the facet and intervertebral discs, and stabilization of the disc height by inserting a pedicle screw. Spinal fusion is performed by inserting a cage into the disc space. High fusion success rate and more accurate cervical cervical decompression are the key factors that are expected to boost the TILF market during the forecast period.
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Market Segments
By Type
- Open Surgery
- Minimally Invasive Surgery
By Application
- Hospital
- Clinic
- Ambulatory Surgical Center
Key Players
- NuVasive
- Zimmer Biomet
- Stryker
- Ulrich Medical
- Cintas
- Medtronic
Scope of the Report
The research study analyzes the global Transforaminal Lumbar Interbody Fusion industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Transforaminal Lumbar Interbody Fusion Market Report
1. What was the Transforaminal Lumbar Interbody Fusion Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Transforaminal Lumbar Interbody Fusion Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Transforaminal Lumbar Interbody Fusion Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Transforaminal Lumbar Interbody Fusion market.
- The market share of the global Transforaminal Lumbar Interbody Fusion market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Transforaminal Lumbar Interbody Fusion market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Transforaminal Lumbar Interbody Fusion market.
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