Intraoperative monitoring electrodes offers useful, real-time ECG data during various mapping or monitoring procedures and are used to transfer energy of ionic currents into electrical current in the body. The currents passed into the body are amplified and used for diagnosis of various diseases. Intraoperative monitoring electrodes offers useful, real-time ECG data during various mapping or monitoring procedures. These electrodes are specifically used in neurological surgery to assess function of the somatosensory pathways during surgical procedures in which the spinal cord, brainstem or cerebrum is at risk to get injured and to localize the sensorimotor cortex.

Intraoperative Monitoring Electrodes Market Drivers

Increasing number of cardiology and neurological diseases worldwide is expected to drive growth of the intraoperative monitoring electrodes market. For instance, according to the World Health Organization (WHO) estimates, in 2012, the global geriatric population was pegged at 901 million in 2015, which is expected to increase over 2 billion by 2050. Geriatric population is highly susceptible to various cardiac and neurological diseases, in turn propelling demand for early disease diagnosis, which can be achieved using monitoring electrodes.

Furthermore, increasing preference for minimally invasive treatment procedures, use of nanotechnology for developing miniaturized electrodes, growing investments on research and development, and focus on early diagnosis of diseases are further expected to boost the global intraoperative monitoring electrodes market growth.

Technological advancement in the field of monitoring electrodes have resulted in high demand for intraoperative monitoring electrodes. For instance, in January 2015, researchers at North Carolina State University introduced a new dry sensor to monitor Electrocardiography (ECG) and Electromyography (EMG) all day long with excellent accuracy, even in situations when wet sensors are ineffective.

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Intraoperative Monitoring Electrodes Market Regional Analysis

North America is expected to hold a dominant position in the global intraoperative monitoring electrodes market over the forecast period, owing to the high incidence of neurological and cardiovascular disorders, increasing demand for technologically advanced electrodes, and growing adoption of non-invasive diagnostic electrodes in these region.

According to the Alzheimer’s Association estimates in 2017, around 5 million Americans were diagnosed with Alzheimer’s disease and the number is expected to increase over 16 million by 2050. This creates a highly conducive environment for growth of the intraoperative monitoring electrodes market in North America, especially for neurological applications. Furthermore, installation of technologically advanced electrocardiogram (ECG) and electromyogram (EMG) electrode system by end users have contributed towards the deployment and higher sales of the intraoperative electrode devices in North America.

Intraoperative Monitoring Electrodes Market Restraint

Risk of needle-stick injuries associated with use of subdermal needle electrodes during intraoperative monitoring is expected to limit adoption of intraoperative monitoring electrodes over the forecast period. For instance, according to the data published in Journal of Neurosurgical Anesthesiology in January 2014; there is need to employ steps to minimize the needle sticks, which are used during intraoperative neurophysiologic monitoring (IONM).

Intraoperative Monitoring Electrodes Market Key Players

Key players operating in global intraoperative monitoring electrodes market include DIXI Medical, Ambu A/S, Blackrock Microsystems LLC, Digitimer Ltd., Cognionics, Inc., Rhythmlink International, LLC, Unimed Electrode Supplies, 3M Company, NuVasive, Inc., Computational Diagnostics, Inc., and Natus Medical Incorporated.

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