The global XLIF surgery market is poised to reach nearly $2.56 billion by 2024, according to a Reports Monitor analysis.
Here are four observations:
1. The market was valued at $1.64 billion in 2016, and is expected to grow at a compound annual growth rate of 5.7 percent.
2. Key market drivers include the increase of minimally invasive procedures and number of spinal disorder cases.
3. In 2017, the XLIF interbody cages segment led the space, capturing 75.8 percent of the global market.
4. The hospital segment will continue to dominate among the end users.