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Transforaminal lumbar interbody fusion (TLIF) is an advanced form of spinal fusion procedure carried out on the lower back. It involves removal of two intervertebral discs and joining two or more spinal vertebrae together with the help of spinal cage and screws. The goal of TLIF procedure is to create a solid bone between two or more vertebrae, which can stop the movement between the bones, reducing the pain and inflammation internally. The procedure is recommended for the stabilization of the vertebrae when the spine is unstable. The TLIF procedure primarily involves decompression of the nerves in the lower back, removal of facet joints and intervertebral discs, and stabilization of the level of discs by insertion of the pedicle screws. The fusion of the spine is done by inserting a cage into a disc space. The high rate of fusion success, and more precise transforaminal decompression are the major factors expected to boost the TILF market during the forecast period. However, risks associated with post-surgical complications are likely to be a restraint for the TILF market during the forecast period.

The global TLIF market can be segmented into procedure type, and type of screws. In terms of procedure type, the TLIF market can be segmented into open surgery and minimally invasive surgery types. Open surgery accounted for a prominent share of the market in 2016, which is attributed to the rising prevalence of orthopedic disorders, ease of access to the vertebral portion of the body through a big and open incision, and low cost of the procedure. However, minimally invasive surgery type is expected to witness significant CAGR during the forecast period. The segment is anticipated to lead the market by 2025. The dominance is attributed to the increasing adoption of technologically advanced surgical procedure by surgeons, low probability of post-surgical complications, and better correction of the deformity in the vertebrae. In open surgery, the surgeons makes an incision through the middle of the lower back, cuts away & retracts the spine muscles to make the vertebrae & disc space accessible for the procedure. However, in minimally invasive surgery, a physician inserts a tube from the specific portion of the body, and perform complete surgical operations through the tube, using special surgical instruments.

In terms of screw type, the global TLIF market can be segmented into polyaxial screws, monoaxial screws, and cannulated screws. The monoaxial screws & polyaxial screws segments cumulatively held more than half of the market share in 2016 due to the reduced damage caused by them to the internal spinal muscles, causing less blood loss. However, the polyaxial screws segment is projected to expand at a significant CAGR during the forecast period. It is anticipated to lead the TLIF market by 2025. The dominance is attributed to their high resistance to corrosion, availability in various sizes, and their compatibility with an MRI scan.

Geographically, the global TLIF market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In terms of revenue, North America held a prominent share of the global TLIF market in 2016, which is attributed to the rising demand for minimally invasive surgical procedures by patients, and availability of trained & expert physicians in North America. Asia Pacific is estimated to expand at a prominent CAGR during the forecast period due to rising incidence of road accidents and the increasing success rate of the procedure. However, North America is expected to maintain its dominance of the global TLIF market during the forecast period due to the rising per-capita expenditure of the population on the healthcare sector.

Prominent players operating in the global TLIF market include NuVasive, Inc., Zimmer Biomet, Stryker Corporation, Ulrich Medical, Z-Medical GmbH + Co. KG, and Medtronic.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Transforaminal Lumbar Interbody Fusion Market

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