Intraoperative neurophysiologic monitoring (IONM) as the name suggests is a monitoring technique which refers to a group of procedures used during surgery to monitor neural pathways during high-risk neurosurgical, orthopedic, peripheral nerve, and vascular surgeries. These procedures assist surgeons in preventing damage and preserving functionality of the nervous system.
The technology is new to the market. In spite of that, rising adoption of these devices due to its advantages over conventional technology making the market to grow at a healthy CAGR of 8.9% during the forecast period.
This research report provides in depth analysis of market segments and sub-segments, deep dive analysis of major geographic regions, along with detailed analysis of key players operating in this market
Study objectives of Intraoperative Neurophysiological Monitoring Market
To provide insights about factors, influencing and affecting the market growth.
To provide historical and forecast revenue of the market segments and sub-segments with respect to regional markets and their countries.
To provide historical and forecast revenue of the market segments based on type, Procedure, procedure, method and source for global intraoperative neurophysiological monitoring market.
To provide strategic profiling of key players in the market, comprehensively analyzing their market share, core competencies, and drawing a competitive landscape for the market.
To provide economic factors that influences the global intraoperative neurophysiological monitoring market
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Intended Audience
Medical Devices Manufacturers
Neurosurgeons & Radiologist
Manufacturers & Suppliers
Contract Research Organizations (CROs)
Research and Development (R&D) Companies
Government Research Laboratories
Independent Research Laboratories
Government and Independent Regulatory Authorities
Market Research and Consulting Service Providers
Academic Institutes and Universities
Market Dynamics and Trends of Intraoperative Neurophysiological Monitoring Market
The intraoperative neurophysiological monitoring industry is now experiencing a period of rapid growth. This growth is majorly attributed to factors such as; rising number of spinal, cranial procedures, technological advancements, cost effectiveness, among others. The IONM techniques are widely adopted in developed countries, but due to low level of awareness, this technology is still in infancy in various developing nations. This can create opportunity for various market players to invest in such countries to achieve greater benefits.
Globally the market for intraoperative neurophysiological monitoring was valued at $1.1 billion and anticipated to grow at a CAGR of 8.9% from 2016-2027.
Key Finding
The global IONM market and is expected to reach $3.1 billion by 2027.
Electroencephalography (EEG) segment holds the largest share of around 60% of the total market.
North America continues to be the leading market globally, holds the largest market share of around 65% in 2015.
Globally, Asia-Pacific the fastest growing region and expected to grow at the rate of 9.3% during the forecast period.
Nuvasive, and Medsurant Holdings, Cadwell Laboratories Inc, are some of the leading market players globally
Global Intraoperative Neurophysiological Monitoring market by regions
North America
US
Canada
Europe
Western Europe
Germany
France
Italy
Spain
UK
Rest of Western Europe
Eastern Europe
Asia
China
India
Japan
South Korea
Rest of Asia
Pacific
Middle East & Africa
The report for Global Intraoperative Neurophysiological Monitoring Marketof Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions
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