Global XLIF market to hit $2.6B by 2024 — 4 observations

The global lateral lumbar interbody fusion market will likely grow at a compound annual growth rate of 5.7 percent between 2017 and 2024, according to a Data Bridge Market Research analysis.

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NuVasive’s XLIF procedure is backed by 10-plus years of clinical evidence.

 

Here are four observations:

 

1. The market is set to hit about $2.6 billion by 2024.

 

2. In 2016, the market was worth about $1.6 billion.

 

3. Key drivers include the increasing demand of minimally invasive procedures and growing number of spinal disorder cases.

 

4. The procedure’s costliness, unfavorable reimbursements and a boost in alternative treatments will hinder market growth.

 

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