SEATTLE, August 05, 2021, (MEDGADGET) — Global Intraoperative Monitoring Electrodes Market Analysis

Impact of COVID-19 Pandemic

The infection has expanded to over 100 nations around the world since the COVID-19 viral outbreak in December 2019, prompting the World Health Organization to declare it a public health emergency. As per a study published by the World Health Organization, coronavirus illness (COVID-19) has infected more than 28.2 million people globally as of September 11, 2020.

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Lockdowns imposed by governments in recent months have interrupted distribution networks and production facilities in India, Italy, Spain, the U.K., and the United States, while countries such as Saudi Arabia, the United Arab Emirates, Egypt, and others are experiencing difficulties transporting intraoperative monitoring electrodes. The coronavirus, or COVID-19, epidemic, which began in Wuhan, China, has expanded to over countries, impacting a wide range of sectors throughout the world. Due to forced quarantine and a scarcity of manpower and raw supplies, the supply of critical goods has been severely interrupted. The distribution of raw materials across regions is not possible due to the lack of a fluid link between regional warehouses; this paucity of raw materials and components has harmed the global intraoperative monitoring electrodes market’s supply chain.

Furthermore, prominent firms such as Ambu A/S are creating and commercializing single-use medical equipment, which are critical in modern health care and aid in lowering the COVID-19 distribution curve.

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Overview

Intraoperative monitoring electrodes are used to convert the energy of ionic currents into electrical charge in the body and provide relevant, real-time ECG data during different mapping or monitoring operations. The currents that travel through the body are magnified and utilized to diagnose disorders. These devices are used in neurological surgeries to monitor somatosensory pathway function and to identify the sensorimotor cortex during surgical operations in which the spinal cord, brainstem, or cerebrum is at danger of injury.

In 2020, the global intraoperative monitoring electrodes market is projected to be worth US$ 469.3 million, with a CAGR of 7.1 percent over the forecast period (2020-2027).

Drivers

Demand for intraoperative monitoring electrodes for illness surveillance is projected to increase as the frequency of cardiovascular and neurological illnesses rises.

Over the forecast period, the global intraoperative monitoring electrodes market is projected to rise due to the increased prevalence of cardiovascular and neurological illnesses.

As per the American Heart Association, stroke was the major cause of death in the United States in 2016, with approximately 2.7 million people living with atrial fibrillation and approximately 800,000 people suffering a stroke each year as a result of blockages or bursts in the blood vessel supplying blood to the brain. As a result, the global intraoperative monitoring electrodes market is projected to increase at a faster rate over the forecast period due to the rising prevalence of atrial fibrillation.

Alzheimer’s disease affects around 5.5 million individuals in the United States, as per figures given by the Alzheimer’s Association in 2017.

Over the forecast period, the global intraoperative monitoring electrodes market is anticipated to rise due to increased demand for minimally invasive treatments.

Conventional open operations are far more stressful than minimally invasive techniques. Surgical procedures with traditional laparoscopic equipment can be unpleasant and difficult. The surgery is performed using minimally invasive laparoscopic cameras placed through tiny incisions and specialized tiny equipment. Following minimally invasive operations, the process of healing is less severe, and patients recover faster.

Due to various improvements and developments in cardiac, orthopedic, ophthalmic, neurological, and oral surgical procedures, minimally invasive surgical (MIS) devices are continually changing. Higher-quality devices have been developed as a result of technological improvements, allowing surgeons to execute surgical operations more quickly without jeopardizing the safety of their patients. In the operating room, the enhanced product designs enable a degree of control and precision.

Minimally invasive procedures have several advantages, including lower healthcare costs, shorter recovery times, and a lower risk of hospital-acquired infections. Over the forecast period, these aspects are projected to propel the global intraoperative monitoring electrodes market forward.

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Market Segmentation

• According to the procedure: EMG (Electromyography), ECG (Electrocardiography), and EEG (Electroencephalography).
• According to the usability: Reusable Electrode, Disposable Electrode.
• According to the electrode type: Needle Electrode, Wet Electrode, and Dry Electrode.
• According to the end user: Specialty Centers, Hospitals, and Ambulatory Surgical Centers.

Restraints

Over the forecast period, the likelihood of needle-stick injuries associated with the use of subdermal needle electrodes for intraoperative monitoring is projected to restrict the use of intraoperative monitoring electrodes. As per research published in the Journal of Neurosurgical Anesthesiology in January 2014, specific precautions must be taken to reduce the usage of needle sticks during IONM (intraoperative neurophysiologic monitoring). HIV (Human immunodeficiency virus), HBV (hepatitis B), and hepatitis C are all blood-borne illnesses that can be spread through a needle-stick.

As a result, the high risk of chronic disease transmission through subdermal needle electrodes is likely to restrain the global intraoperative monitoring electrodes market’s growth over the forecast period.

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Competitive Landscape

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

Table of Contents

1. Research Objectives and Assumptions
   • Research Objectives
   • Assumptions
   • Abbreviations
2. Market Purview
   • Report Description
     • Market Definition and Scope
   • Executive Summary
     • Market Snippet, By Procedure
     • Market Snippet, By Usability
     • Market Snippet, By Type of Electrode
     • Market Snippet, By End User
     • Market Snippet, By Region
   • Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
   • Market Dynamics
     • Drivers
     • Restraints
     • Market Opportunities
   • Impact Analysis
   • Recent Product Approval/Launch
   • Technological Advancements
   • Regulatory Scenario
   • Reimbursement Scenario
   • Epidemiology
   • Brand Analysis
   • PEST Analysis
   • Porter’s Analysis
   • Mergers, Acquisitions, Collaboration, and Partnership
4. Global Intraoperative Monitoring Electrodes Market – Impact of Coronavirus (COVID-19) Pandemic
   • Economic Impact
   • Supply and Demand Analysis
   • Research and Development
5. Global Intraoperative Monitoring Electrodes Market, By Procedure, 2016 – 2027, (US$ Mn and No. of Procedures)
   • Introduction
     • Market Share Analysis, 2020 and 2027 (%)
     • Y-o-Y Growth Analysis, 2017 – 2027
     • Segment Trends
   • Electrocardiography (ECG)
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn and No. of Procedures)
   • Electroencephalography (EEG)
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn and No. of Procedures)
   • Electromyography (EMG)
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn and No. of Procedures)
   • Others
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn and No. of Procedures)
6. Global Intraoperative Monitoring Electrodes Market, By Usability, 2016 – 2027, (US$ Million and No. of Units)
   • Introduction
     • Market Share Analysis, 2020 and 2027 (%)
     • Y-o-Y Growth Analysis, 2017 – 2027
     • Segment Trends
   • Disposable Electrode
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million and No. of Units)
   • Reusable Electrode
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million and No. of Units)
7. Global Intraoperative Monitoring Electrodes Market, By Type of Electrode, 2016 – 2027, (US$ Million and No. of Units)
   • Introduction
     • Market Share Analysis, 2020 and 2027 (%)
     • Y-o-Y Growth Analysis, 2017 – 2027
     • Segment Trends
   • Wet Electrode
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million and No. of Units)
   • Dry Electrode
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million and No. of Units)
   • Needle Electrodes
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million and No. of Units)
8. Global Intraoperative Monitoring Electrodes Market, By End User, 2016 – 2027, (US$ Million and No. of Units)
   • Introduction
     • Market Share Analysis, 2020 and 2027 (%)
     • Y-o-Y Growth Analysis, 2017 – 2027
     • Segment Trends
   • Hospitals
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million and No. of Units)
   • Ambulatory Surgical Centers
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million and No. of Units)
   • Specialty Centers
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million and No. of Units)
9. Global Intraoperative Monitoring Electrodes Market, By Region, 2016 – 2027, (US$ Mn)
   • Introduction
     • Market Share Analysis, By Region, 2020 and 2027 (%)
     • Y-o-Y Growth Analysis, For Regions, 2017–2027
   • North America
     • Market Size and Forecast, By Procedure, 2016 – 2027, (US$ Mn and No. of Procedures)
     • Market Size and Forecast, By Usability, 2016 – 2027, (US$ Million and No. of Units)
     • Market Size and Forecast, By Type of Electrode, 2016 – 2027, (US$ Million and No. of Units)
     • Market Size and Forecast, By End User, 2016 – 2027, (US$ Million and No. of Units)
     • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn and No. of Procedures)
       • U.S.
       • Canada
   • Latin America
     • Market Size and Forecast, By Procedure, 2016 – 2027, (US$ Mn and No. of Procedures)
     • Market Size and Forecast, By Usability, 2016 – 2027, (US$ Million and No. of Units)
     • Market Size and Forecast, By Type of Electrode, 2016 – 2027, (US$ Million and No. of Units)
     • Market Size and Forecast, By End User, 2016 – 2027, (US$ Million and No. of Units)
     • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn and No. of Procedures)
       • Brazil
       • Mexico
       • Argentina
       • Rest of Latin America
   • Europe
     • Market Size and Forecast, By Procedure, 2016 – 2027, (US$ Mn and No. of Procedures)
     • Market Size and Forecast, By Usability, 2016 – 2027, (US$ Million and No. of Units)
     • Market Size and Forecast, By Type of Electrode, 2016 – 2027, (US$ Million and No. of Units)
     • Market Size and Forecast, By End User, 2016 – 2027, (US$ Million and No. of Units)
     • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn and No. of Procedures)
       • Germany
       • U.K.
       • France
       • Italy
       • Spain
       • Russia
       • Rest of Europe
   • Asia Pacific
     • Market Size and Forecast, By Procedure, 2016 – 2027, (US$ Mn and No. of Procedures)
     • Market Size and Forecast, By Usability, 2016 – 2027, (US$ Million and No. of Units)
     • Market Size and Forecast, By Type of Electrode, 2016 – 2027, (US$ Million and No. of Units)
     • Market Size and Forecast, By End User, 2016 – 2027, (US$ Million and No. of Units)
     • Market Size and Forecast, By Countr, 2016 – 2027, (US$ Mn and No. of Procedures)
       • China
       • India
       • Japan
       • Australia
       • South Korea
       • ASEAN
       • Rest of Asia Pacific
   • Middle East
     • Market Size and Forecast, By Procedure, 2016 – 2027, (US$ Mn and No. of Procedures)
     • Market Size and Forecast, By Usability, 2016 – 2027, (US$ Million and No. of Units)
     • Market Size and Forecast, By Type of Electrode, 2016 – 2027, (US$ Million and No. of Units)
     • Market Size and Forecast, By End User, 2016 – 2027, (US$ Million and No. of Units)
     • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn and No. of Procedures)
       • GCC
       • Israel
       • Rest of Middle East
   • Africa
     • Market Size and Forecast, By Procedure, 2016 – 2027, (US$ Mn and No. of Procedures)
     • Market Size and Forecast, By Usability, 2016 – 2027, (US$ Million and No. of Units)
     • Market Size and Forecast, By Type of Electrode, 2016 – 2027, (US$ Million and No. of Units)
     • Market Size and Forecast, By End User, 2016 – 2027, (US$ Million and No. of Units)
     • Market Size and Forecast, By /Region, 2016 – 2027, (US$ Mn and No. of Procedures)
       • South Africa
       • Central Africa
       • North Africa
10. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis
11. Section
    • References
    • Research Methodology
    • About us and Sales Contact

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