Intraoperative Neuromonitoring Market Overview
Intraoperative neuromonitoring is used to limit the risk of neurological injury during surgery. It can help reduce and stop impairment and subsequent harm by detecting crucial neurological structures during surgical periods.
The rise in the number of medical procedures, potential hazard management, technological advancements, and an increase in the use of intraoperative neuromonitoring by emergency clinics are all contributing to the global growth of the intraoperative neuromonitoring market.
Nonetheless, the high cost of intraoperative neuromonitoring, insufficient familiarity with systems, particularly in developing countries, and a shortage of experienced specialists and professionals are expected to hamper the market's growth throughout the forecast period.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Source Type, Methodology, Application, and Region. |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | NuVasive, Inc., Medtronic, Accurate Monitoring, SpecialityCare, Inomed Medizintechnik GmbH, Natus Medical Incorporated, and NeuroMonitoring Technologies, Inc. |
Covid-19 Impact on Intraoperative Neuromonitoring Market
In addition, the current Intraoperative Neuromonitoring Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Intraoperative Neuromonitoring Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying, and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.
The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.
Intraoperative Neuromonitoring Market Segment Overview
According to Source Type, Insourced Monitoring dominated the intraoperative neuromonitoring market in the forthcoming years. This is due to increased surgical cases, and demand regarding consistent monitoring while in the process.
Intraoperative Neuromonitoring Market, By Source Type
· Outsourced Monitoring
· Insourced Monitoring
Intraoperative Neuromonitoring Market, By Methodology
· Electromyography (EMG)
· Somatosensory Evoked Potentials (SSEPS)
· Electroencephalography (EEG)
· Others
Intraoperative Neuromonitoring Market, By Application
· Spinal Surgery
· Neurosurgery
· Vascular Surgery
· Orthopedic Surgery
· ENT surgery
· Others
Intraoperative Neuromonitoring Market Regional Overview
In terms of geography, the global Intraoperative Neuromonitoring market is classified into North America, South America, Europe, Asia Pacific and Middle East & Africa. North America was a prominent market for intraoperative neuromonitoring among these. It is expected to dominate the global intraoperative neuromonitoring market, with Europe trailing behind. The main factors driving the intraoperative neuromonitoring market in the region are an increase in chronic disease cases, the emergence of an exceptionally refined medicinal services framework, a high selection rate of intraoperative neuromonitoring, and increased patient awareness of the procedure. Intraoperative neuromonitoring is expected to rise at a significant CAGR in Asia Pacific over the next few years, owing to increased patient awareness of intraoperative neuromonitoring and growth in the medical tourism sector in the region's emerging economies, such as India and China.
Intraoperative Neuromonitoring Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Intraoperative Neuromonitoring Market, Key Players
· NuVasive, Inc.
· Medtronic
· Accurate Monitoring
· SpecialityCare
· Inomed Medizintechnik GmbH
· Natus Medical Incorporated
· NeuroMonitoring Technologies, Inc.
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the global Intraoperative Neuromonitoring market?
Technological advancements, and an increase in the use of intraoperative neuromonitoring by emergency clinics are contributing to the global growth of the intraoperative neuromonitoring market.
Q2. What are the restraining factors for the global Intraoperative Neuromonitoring market?
The high cost of intraoperative neuromonitoring, and a shortage of experienced specialists and professionals are expected to hamper the market's growth throughout the forecast period
Q3. Which segment is projected to hold the largest share in the global Intraoperative Neuromonitoring market?
Insourced Monitoring segment is projected to hold the largest share in the global Intraoperative Neuromonitoring market
Q4. Which region holds the largest share in the global Intraoperative Neuromonitoring market?
North America holds the largest share in the global Intraoperative Neuromonitoring market.
Q5. Which are the prominent players in the global Intraoperative Neuromonitoring market?
NuVasive, Inc., Medtronic, Accurate Monitoring, SpecialityCare, Inomed Medizintechnik GmbH, Natus Medical Incorporated, and NeuroMonitoring Technologies, Inc. are some key players in the global Intraoperative Neuromonitoring market
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Intraoperative Neuromonitoring Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Source Type
- 5.2.1. Outsourced Monitoring
- 5.2.2. Insourced Monitoring
- 5.3. Market Analysis, Insights and Forecast – By Methodology
- 5.3.1. Electromyography (EMG)
- 5.3.2. Somatosensory Evoked Potentials (SSEPS)
- 5.3.3. Electroencephalography (EEG)
- 5.3.4. Others
- 5.4. Market Analysis, Insights and Forecast – By Application
- 5.4.1. Spinal Surgery
- 5.4.2. Neurosurgery
- 5.4.3. Vascular Surgery
- 5.4.4. Orthopedic Surgery
- 5.4.5. ENT surgery
- 5.4.6. Others
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America, Middle East and Africa
6. North America Intraoperative Neuromonitoring Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Source Type
- 6.2.1. Outsourced Monitoring
- 6.2.2. Insourced Monitoring
- 6.3. Market Analysis, Insights and Forecast – By Methodology
- 6.3.1. Electromyography (EMG)
- 6.3.2. Somatosensory Evoked Potentials (SSEPS)
- 6.3.3. Electroencephalography (EEG)
- 6.3.4. Others
- 6.4. Market Analysis, Insights and Forecast – By Application
- 6.4.1. Spinal Surgery
- 6.4.2. Neurosurgery
- 6.4.3. Vascular Surgery
- 6.4.4. Orthopedic Surgery
- 6.4.5. ENT surgery
- 6.4.6. Others
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Europe Intraoperative Neuromonitoring Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Source Type
- 7.2.1. Outsourced Monitoring
- 7.2.2. Insourced Monitoring
- 7.3. Market Analysis, Insights and Forecast – By Methodology
- 7.3.1. Electromyography (EMG)
- 7.3.2. Somatosensory Evoked Potentials (SSEPS)
- 7.3.3. Electroencephalography (EEG)
- 7.3.4. Others
- 7.4. Market Analysis, Insights and Forecast – By Application
- 7.4.1. Spinal Surgery
- 7.4.2. Neurosurgery
- 7.4.3. Vascular Surgery
- 7.4.4. Orthopedic Surgery
- 7.4.5. ENT surgery
- 7.4.6. Others
- 7.5. Market Analysis, Insights and Forecast – By Country
- 7.5.1. UK
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Italy
- 7.5.5. Spain
- 7.5.6. Russia
- 7.5.7. Rest of Europe
8. Asia Pacific Intraoperative Neuromonitoring Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Source Type
- 8.2.1. Outsourced Monitoring
- 8.2.2. Insourced Monitoring
- 8.3. Market Analysis, Insights and Forecast – By Methodology
- 8.3.1. Electromyography (EMG)
- 8.3.2. Somatosensory Evoked Potentials (SSEPS)
- 8.3.3. Electroencephalography (EEG)
- 8.3.4. Others
- 8.4. Market Analysis, Insights and Forecast – By Application
- 8.4.1. Spinal Surgery
- 8.4.2. Neurosurgery
- 8.4.3. Vascular Surgery
- 8.4.4. Orthopedic Surgery
- 8.4.5. ENT surgery
- 8.4.6. Others
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. China
- 8.5.2. India
- 8.5.3. Japan
- 8.5.4. Australia
- 8.5.5. South East Asia
- 8.5.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Intraoperative Neuromonitoring Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Source Type
- 9.2.1. Outsourced Monitoring
- 9.2.2. Insourced Monitoring
- 9.3. Market Analysis, Insights and Forecast – By Methodology
- 9.3.1. Electromyography (EMG)
- 9.3.2. Somatosensory Evoked Potentials (SSEPS)
- 9.3.3. Electroencephalography (EEG)
- 9.3.4. Others
- 9.4. Market Analysis, Insights and Forecast – By Application
- 9.4.1. Spinal Surgery
- 9.4.2. Neurosurgery
- 9.4.3. Vascular Surgery
- 9.4.4. Orthopedic Surgery
- 9.4.5. ENT surgery
- 9.4.6. Others
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. Brazil
- 9.5.2. Saudi Arabia
- 9.5.3. UAE
- 9.5.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. NuVasive, Inc.
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Medtronic
- 10.6. Accurate Monitoring
- 10.7. SpecialityCare
- 10.8. Inomed Medizintechnik GmbH
- 10.9. Natus Medical Incorporated
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
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Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
