Lateral Lumbar Interbody Fusion Market in the US 2016-2020
About Lateral Lumbar Interbody Fusion
LLIF is minimally invasive surgery recommended for treating lumbar spinal disorders such as spondylolisthesis, lumbar degenerative disc disease, scoliosis, and recurrent lumbar disc herniation.
Technavio’s analysts forecast the lateral lumbar interbody fusion market in the US to grow at a CAGR of 7.05% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the LLIF market in the US for 2015-2020. To calculate the market size, the revenue generated from the sales of the LLIF devices is used. It also includes instruments, implants, and supporting devices that are used in lateral lumbar interbody fusion.
Technavio's report, Lateral Lumbar Interbody Fusion market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Lateral Lumbar Interbody Fusion Market in the US 2016-2020
Technavio recognizes the following companies as the key players in the Lateral Lumbar Interbody Fusion market in the US: Depuy Synthes, Medtronic, NuVasive and Stryker
Other Prominent Vendors in the market are: Alphatec Spine, Amedica, AOI Medical, Biomet, Cook Medical, Crosstrees Medical, K2M, LDR, NuTech Medical, Orthofix International, Paradigm Spine, RTI Surgical, Smith & Nephew, Trans1, Vexim, VTI, Zavation, and Zimmer.
Commenting on the report, an analyst from Technavio’s team said: “Regulatory changes in device classification to boost the market growth. Regulatory bodies are changing the classification of the devices used in LLIF surgery. This will likely make the approval process of devices simpler, driving the market growth.”
According to the report, increasing incidence of degenerative diseases such as spondylolisthesis, degenerative scoliosis, and spinal stenosis to create more demand for spinal surgeries. The elderly are particularly susceptible to disorders of the spine, frequently requiring surgery.
Further, the report states that LLIF surgery is associated with several complications such as persistent pain, pneumonia, and clotting. Fear of these complications prevents many people from opting for this surgery.
Depuy Synthes, Medtronic, NuVasive, Stryker, Alphatec Spine, Amedica, AOI Medical, Biomet, Cook Medical, Crosstrees Medical, K2M, LDR, NuTech Medical, Orthofix International, Paradigm Spine, RTI Surgical, Smith & Nephew, Trans1, Vexim, VTI, Zavation, Zimmer.