Intraoperative Neurophysiological Monitoring Market to rise at 8.9% CAGR by 2023, according to Global Intraoperative Neurophysiological Monitoring Market Analysis From 2019 To 2023 report published by Market Research Future. Intraoperative Neurophysiological Monitoring Market Analyzed by type (EEG, EMG, Evoked Potential (EP)), Method (Invasive, Non-Invasive, Minimally Invasive), Source (In-house, Outsource, Tele-Health), Procedure, and region.
Intraoperative Neurophysiological Monitoring Key Companies Analyzed in Report: Accurate Monitoring LLC, Argos NeuroMonitoring LP, Computational Diagnostics Inc., Emotiv, Inomed Medizintechnik GmbH, Medsurant Holdings LLC, Cadwell Laboratories Inc., Natus Medical Incorporated, NuVasive, Neuro Alert, NuVasive, Neuromonitoring Technologies Inc., NeuroSentinel LLC, Procirca, Propep Surgical, SpecialtyCare and Sentient Medical Systems.
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Market Overview:
The precision in surgical procedures is developing due to better knowledge transfer and experience to handle a wide range of cases. Reports that assess the healthcare industry have been presented by Market Research Future, which creates reports on numerous industry verticals that examine the market progress and forecasts. The market is forecasted to earn revenues worth USD 1.1 billion while expanding at a CAGR of 8.9 % in the coming years.
The progress in the establishment of cutting-edge facilities has created a favorable impetus for the growth of the intraoperative neurophysiological monitoring market. The factor of cost-effectiveness is also expected to considerably impact the advancement of the market in the impending period. Moreover, growing understanding related to the treatment of neurological ailments and better tools to operate in case of surgical intervention is expected to accelerate the growth of the intraoperative neurophysiological monitoring market in the forthcoming period.
Segmentation:
Based on type, the intraoperative neurophysiological monitoring market is segmented into electromyography, electroencephalography, and evoked potentials.
Based on procedure, the intraoperative neurophysiological monitoring market is segmented into otolaryngology surgery, spinal, neurovascular, orthopedic, and urology.
The segmentation of the market based on the methods consists of non-invasive, invasive, and minimally invasive.
Based on source, the intraoperative neurophysiological monitoring market comprises of outsourced, in-house, and telehealth.
By region, the intraoperative neurophysiological monitoring market consists of Europe, Asia Pacific, North America, Middle East, and Africa.
Regional Analysis:
The North American region is projected to head the IONM market with a noteworthy market share. The factors such as the increasing demand for the spinal and cranial procedures controlled by the rising number of patients is supporting the market growth of this region.
The IONM market in the European region is responsible for the second largest stake in the market globally. The region is projected to reveal strong growth through the forecast period. The existence of the well-proliferated healthcare sector is leading to a growing number of advanced treatment facilities motivated by the increasing demand for better healthcare infrastructure and increasing healthcare expenditures.
The Asia Pacific market for IONM appears as a lucrative market with the intensifying number of patients enduring spinal ailments and the ever-increasing population that is disposed towards a sedentary lifestyle. The growing funding from the government and private organizations are encouraging market growth by increasing the R&D activities in the region.
Competitive Landscape:
The surge in the market is credited to the presence of favorable market forces are expected to complement the development of the market. The positive reinforcement of the forces of demand and supply is expected to lift the market growth in the coming years. The synergies achieved in the manufacturing of the goods in the market are enhanced, leading to better growth prospects. The availability of productive resources is expected to further the progress of the market in the forecast period.
List of Tables:
TABLE 1 GLOBAL INTRAOPERATIVE NEUROPHYSIOLOGICAL MONITORING MARKET, BY TYPE, 2013-2027 (USD MILLION)
TABLE 2 GLOBAL INTRAOPERATIVE NEUROPHYSIOLOGICAL MONITORING MARKET: ELECTROENCEPHALOGRAPHY, BY REGION, 2013-2027 (USD MILLION)
TABLE 3 GLOBAL INTRAOPERATIVE NEUROPHYSIOLOGICAL MONITORING MARKET: ELECTROMYOGRAPHY, BY REGION, 2013-2027 (USD MILLION)
TABLE 4 GLOBAL INTRAOPERATIVE NEUROPHYSIOLOGICAL MONITORING MARKET: EVOKED POTENTIALS, BY REGION, 2013-2027 (USD MILLION)
TABLE 5 GLOBAL INTRAOPERATIVE NEUROPHYSIOLOGICAL MONITORING MARKET, BY PROCEDURE, 2013-2027 (USD MILLION)
TABLE 6 GLOBAL INTRAOPERATIVE NEUROPHYSIOLOGICAL MONITORING MARKET: SPINAL, BY REGION, 2013-2027 (USD MILLION)
TABLE 7 GLOBAL INTRAOPERATIVE NEUROPHYSIOLOGICAL MONITORING MARKET: NEUROVASCULAR, BY REGION, 2013-2027 (USD MILLION)
TABLE 11 GLOBAL INTRAOPERATIVE NEUROPHYSIOLOGICAL MONITORING MARKET, BY METHODS, 2013-2027 (USD MILLION)
Continued…
List of Figures:
FIGURE 1 RESEARCH PROCESS
FIGURE 2 GLOBAL INTRAOPERATIVE NEUROPHYSIOLOGICAL MONITORING MARKET, BY TYPE
FIGURE 3 GLOBAL INTRAOPERATIVE NEUROPHYSIOLOGICAL MONITORING MARKET, BY PROCEDURE
FIGURE 4 GLOBAL INTRAOPERATIVE NEUROPHYSIOLOGICAL MONITORING MARKET, BY METHODS
FIGURE 5 GLOBAL INTRAOPERATIVE NEUROPHYSIOLOGICAL MONITORING MARKET, BY SOURCE
FIGURE 6 GLOBAL INTRAOPERATIVE NEUROPHYSIOLOGICAL MONITORING MARKET, BY REGION
Continued…
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