Intraoperative Neurophysiological Monitoring Market Overview
Maximize Market Research, a leading international business consultancy firm, has released its highly anticipated "Intraoperative Neurophysiological Monitoring Market" Report, providing crucial insights into the market's potential in the Asia Pacific region. Despite economic challenges post the Covid lockdown period, the market has showcased resilience and an upward trend. The report positions the Asia Pacific region as a lucrative opportunity for Intraoperative Neurophysiological Monitoring market and its component manufacturers over the next decade.
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Intraoperative Neurophysiological Monitoring Market Values
The Intraoperative Neurophysiological Monitoring (IONM) market values highlight the critical role this technology plays in enhancing patient safety during surgeries that pose a risk to the nervous system. In 2023, the global IONM market was valued at approximately USD 2.3 billion. The market is projected to grow steadily, reaching around USD 3.5 billion by 2030, with a compound annual growth rate (CAGR) of about 6.1% during the forecast period.
Intraoperative Neurophysiological Monitoring Market Scope
Import and export consumption, supply and demand chain, costs, shares, sales volumes, revenues, and gross profits are covered in the Intraoperative Neurophysiological Monitoring market analysis report. The manufacturing bases, capacity, production, factory prices, revenues, and market share of each manufacturer in the Intraoperative Neurophysiological Monitoring market are examined in the report.
Intraoperative Neurophysiological Monitoring Market Dynamics
Drivers:
Increasing Prevalence of Neurological Disorders and the growing number of Surgeries to fuel the Market
Environmental pollution is the primary cause of an increase in neurological illnesses because it damages the body's central nervous system, which includes the brain, spinal cord, and nerves. Neurological illnesses are caused by infections, genetic problems, congenital anomalies, and lifestyle choices. Due to population growth and the aging of the population, the burden of neurological illnesses has increased significantly during the last 25 years.
Technological Advancements in Intraoperative Neurophysiological Monitoring to Boost the market growth
Contemporary display, stimulation, and filtering modalities were included into intraoperative neurophysiological monitoring. Over the past 25 years, it has been replicated to become a crucial element in numerous orthopedic and neurosurgery procedures. The technology utilized to conduct neurophysiological testing has been developed by the increasing usage of intraoperative neurophysiological monitoring. The equipment's quality, capacity, and dependability have increased as a result of the ongoing developments in computer and electronic technology.
Intraoperative Neurophysiological Monitoring Market Segmentation
by Modality
• Evoked Potentials
o Somatosensory Evoked Potential (SSEP)
o Motor Evoked Potential (MEP)
o Brainstem Auditory Evoked Potential (BAEP)
o Visual Evoked Potential (VEP)
• Electroencephalography (EEG)
• Carotid endarterectomy
• Cerebral aneurysm clipping
• Epilepsy surgery
• Anesthesia depth Monitor
• Electromyography (EMG)
by Methods
• Invasive
• Non-invasive
• Minimally invasive
by Source
• In-house
• Outsource
• Telehealth
by Procedure
• Spinal
• Neurovascular
• Orthopaedic
• Otolaryngology surgery
• Urology
The market is divided into four segments based on the procedure: urology, orthopaedic, neurovascular, spinal, and otolaryngology surgery. The market for intraoperative neurophysiological monitoring was dominated by the spinal sector in terms of revenue share in 2022. With intraoperative neurophysiological monitoring, motor tracts, sensory tracts, and specific nerve roots can all provide real-time feedback for an intraoperative assessment of spinal cord function.
by End-User
• Hospitals
• Ambulatory surgical centres (ASCs)
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Intraoperative Neurophysiological Monitoring Market Key Players
• Natus Medical Incorporated
• Accurate Monitoring
• NeuroMonitoring Technologies,Inc.
• Medtronic
• NuVasive, Inc.
• Sentient Medical Systems,
• inomed medizintechnik gmbh
• Medsurant Holdings
• IntraNerve Neuroscience Holdings
• Moberg Research, Inc.
• propep surgical
• cadwell laboratories inc
• Computational Diagnostics Inc.
Table of content for the Intraoperative Neurophysiological Monitoring Market includes:
Part 01: Executive Summary
Part 02: Scope of the Intraoperative Neurophysiological Monitoring Market Report
Part 03: Intraoperative Neurophysiological Monitoring Market Landscape
Part 04: Intraoperative Neurophysiological Monitoring Market Sizing
Part 05: Intraoperative Neurophysiological Monitoring Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Regional Analysis
The Intraoperative Neurophysiological Monitoring market report comprises an extensive analysis of the Intraoperative Neurophysiological Monitoring industry across five primary world regions are Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America. It delves into the market's key geographies and highlights notable segments and sub-segments within the industry.
Key Questions answered in the Intraoperative Neurophysiological Monitoring Market Report are:
- What is Intraoperative Neurophysiological Monitoring Market?
- What is the forecast period of the Intraoperative Neurophysiological Monitoring Market?
- What is the competitive scenario of the Intraoperative Neurophysiological Monitoring market?
- Which region held the largest market share in the Intraoperative Neurophysiological Monitoring Market?
- What are the opportunities for the Intraoperative Neurophysiological Monitoring Market?
- What are the restraining factors in the Intraoperative Neurophysiological Monitoring market?
- Who are the key players of the Intraoperative Neurophysiological Monitoring market?
Key offerings:
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Intraoperative Neurophysiological Monitoring
- Landscape- Leading key players and other prominent key players.
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