Global Intraoperative Neuromonitoring Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
“Global Intraoperative Neuromonitoring Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global intraoperative neuromonitoring market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global intraoperative neuromonitoring market report has been segmented on the basis of source type, application, modality, end user, and region.
Neuromonitoring is also called as electrophysiologic monitoring is used during surgery to assess the functional integrity of the brain, brain stem, spinal cord, or peripheral nerves. Neuromonitoring is used to record spontaneous activity such as electroencephalogram and spontaneous electromyogram or evoked response to stimulus such as somatosensory evoked potentials, motor evoked potentials, triggered electromyography, and brainstem auditory evoked potentials. Neuromonitorists are employed either directly by the hospital or by a company that provides intraoperative neuromonitoring services to a variety of hospitals.
Key factors expected to drive growth of the global intraoperative neuromonitoring market is increasing incidence of chronic and life threating disease and disorders. In addition, increasing healthcare expenditure, growing elderly population, growing awareness regarding intraoperative neuromonitoring system among some other factors expected to drive growth of the global target market. Furthermore, favorable reimbursement policies, increasing accessibility for healthcare facilities, rising medical tourism, are some another factors expected to drive growth of the global target market over the forecasted period. However, string regulatory approval and high cost of treatment are the factors expected to hamper growth of the global Intraoperative Neuromonitoring market to a certain extent in the forecast period.
Major players are collaborating with other local player in order to innovate new novel product and well as to expand their global footprint. These are some trends witnessed in the global Intraoperative neuromonitoring market, currently. For instance, in July 2018, NuVasive, Inc. launched pulse introduces 2D- and 3D-navigation and smart imaging capabilities while integrating the Company’s leading neuromonitoring, surgical planning, radiation reduction and patient-specific rod bending technologies.
The market in North America is expected to dominate the global intraoperative neuromonitoring market. This is primarily attributed to advancement in medical treatment procedures and rising healthcare expenditure in countries in the region. In addition, US government are continuously formulating various reimbursement policies for the patients in order to help them to manage the cost of treatment. In contrast, the market in Asia Pacific is expected to be an emerging market for the global intraoperative neuromonitoring market, and is expected to register highest CAGR in during the forecasted period, owing to growing demand for minimal invasive treatment procedure and rising adoption of intraoperative neuromonitoring system in the region. Moreover, the markets in Europe, Latin America and Middle East & Africa are expected to register moderate growth revenue in the global Intraoperative Neuromonitoring market over the forecast period.
GLOBAL INTRAOPERATIVE NEUROMONITORING MARKET SEGMENTATION:
Segmentation by source type:
- Insourced Monitoring
- Outsourced Monitoring
Segmentation by application:
- Spinal Surgery
- Vascular Surgery
- ENT Surgery
- Orthopedic Surgery
- Other Surgeries
Segmentation by modality:
- Motor Evoked Potentials (MEPs)
- Somatosensory Evoked Potentials (SSEPs)
- Electroencephalography (EEG)
- Electromyography (EMG)
- Brainstem Auditory Evoked Potentials (BAEPs)
- Visual Evoked Potentials (VEPs)
Segmentation by end user:
- Hospitals and Clinics
- Ambulatory Surgical Centers (ASCs)
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Smith & Nephew plc
- NuVasive, Inc.
- Computational Diagnostics, Inc.
- Natus Medical Incorporated
- IntraNerve, LLC
- inomed Medizintechnik GmbH
- Accurate Monitoring LLC
- Nihon Kohden Corporation
- Moberg Research, Inc.
- Argos Neuromonitoring LP
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