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Intraoperative Neuromonitoring - Global Market Outlook (2018-2027)

Intraoperative Neuromonitoring - Global Market Outlook (2018-2027)

Published: September 2019 ID: SMRC18535
Published: September 2019 ID: SMRC18535

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Intraoperative Neuromonitoring market is accounted for $3.47 billion in 2018 and is expected to reach $7.67 billion by 2027 growing at a CAGR of 9.2% during the forecast period. Growing prevalence of chronic disorders, rising volume of surgeries and increasing emphasis on patient safety during complicated surgeries are some of the driving factors for the market growth. However, lack of awareness of these applications may restrain the market growth.

Intraoperative neuromonitoring is the use of electrophysiological methods to monitor the functional integrity of certain neural structures during surgery. It detects the key neural structures in the surgical times, and can help reduce and stop impairment and postoperative damage.

Based on Source, Outsourced Monitoring segment is estimated to have a lucrative growth during the forecast period. Outsourced provider can purchase one device and work for many hospitals in the same local area. Outsourcing eliminates the need for hospitals to incur capital expenditure for the purchase of these equipment and bear its maintenance cost. By geography, Asia Pacific is is going to have a lucrative growth due to rising awareness about patient safety during surgery and growing medical tourism in this region.

Some of the key players profiled in the Intraoperative Neuromonitoring Market include Medtronic plc, NuVasive, Inc, Computational Diagnostics, Inc, SpecialtyCare, Natus Medical Incorporated, IntraNerve, LLC, inomed Medizintechnik GmbH, Accurate Monitoring LLC, Nihon Kohden Corporation and Moberg Research, Inc.

Modalities Covered:
• Electromyography (EMG)
• Sub-Sensory Evoked Potentials
• Motor Evoked Potentials (MEPs)
• Transcranial Motor Evoked Potentials (TcMEPs) 
• Electroencephalography (EEG)
• Mapping of Motor Cortex
 
Sources Covered:
• Insourced Monitoring
• Outsourced Monitoring

Products & Services Covered:
• Systems
• Accessories
• Services

Applications Covered:
• Spinal Surgery
• Neurosurgery
• Vascular Surgery
• ENT Surgery
• Orthopedic Surgery
• Other Applications

End Users Covered:
• Ambulatory Surgical Centers (ASCs)
• Hospitals

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China       
o India       
o Australia 
o New Zealand     
o South Korea      
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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