Market Overview:
IONM devices are used to monitor the health and function of the nervous system during surgery. The global intraoperative neuromonitoring devices market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in this market is primarily driven by the increasing incidence of neurological disorders, rising demand for minimally invasive surgeries, and technological advancements in IONM devices. The global intraoperative neuromonitoring devices market can be segmented on the basis of type into EEG monitoring, EMG monitoring, EP monitoring, and others. On the basis of application, the market can be segmented into neurosurgery, spinal surgery, cardiovascular surgery, ENT surgery, orthopedic surgery and other surgeries.
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Product Definition:
IONM Devices are used to monitor the function of a patient's nervous system during surgery. This allows for early detection and treatment of any problems that may occur, which can help to improve the patient's outcome.
EEG Monitoring:
EEG monitoring is a procedure of continuous evaluation of the electrical activity of the brain through surface electrodes in order to diagnose and treat neurological disorders. The global intraoperative neuromonitoring (IONM) devices market size was valued at USD 1,849.7 million in 2016 and is expected to grow at a CAGR of XX% during the forecast period.
EMG Monitoring:
EMG monitoring is a procedure to measure and record electrical activity of the muscles. It helps in diagnosing problems related to nerves and muscles. EMG is used along with other diagnostic procedures for neurological disorders such as myasthenia gravis, Eaton-Larsson syndrome, limbic encephalitis, chronic inflammatory demyelinating polyneuropathy (CIDP), Guillain-Barre syndrome (GBS) & others.
Application Insights:
Neurosurgery held the largest share of over 50.0% in 2017. The growing number of neurosurgical procedures and high prevalence of neurological disorders are the major factors contributing to the large share held by this segment. According to WHO, it is estimated that around 60-80% of all surgeries involve some degree of neural tissue damage, which needs monitoring for preventing postoperative complications like brain herniation or stroke. Therefore, demand for intraoperative neuromonitoring devices is expected to witness significant growth during the forecast period owing to increasing incidence rate and prevalence ratio related problems in various parts of globe.
The spinal surgery segment is anticipated register a CAGR exceeding 11% from 2018 to 2030 due primarilyto an increase in surgical intervention rates associated with sports injuries as well as road accidents resulting in more than 200,000 spinal trauma cases annually worldwide accordingto Spinal Cord Injury Association (SCIA).
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of well-established healthcare facilities, high per capita income, and favorable reimbursement policies for medical treatments in this region. Moreover, increasing demand for minimally invasive surgeries is also expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising medical tourism and improving healthcare infrastructure in emerging countries such as India and China. In addition, a large patient pool suffering from chronic disorders coupled with rapidly developing economy offers tremendous potential for market expansion during the same period (2018 - 2030).
Growth Factors:
- Increasing demand for minimally invasive surgeries: IONM devices help surgeons to perform surgeries with utmost precision and accuracy, thus reducing the risk of potential complications. This is expected to drive the demand for IONM devices in the coming years.
- Growing number of neurological disorders: The global prevalence of neurological disorders is increasing at a rapid pace, which is expected to create a high demand for IONM devices in the near future.
- Rising awareness about benefits of IONM: There is an increasing awareness among healthcare professionals and patients about the benefits of using IONM devices during surgery. This is likely to boost the growth prospects of this market in the coming years.
- Technological advancements: The manufacturers are constantly investing in R&D activities to develop innovative and advanced products that can offer better performance and safety features than existing products available in this market space .This will spur growth prospects for Intraoperative Neuromonitoring (IONM) Devices market over forecast period . 5 Emerging economies offer lucrative opportunities: A large number of emerging economies such as India, China, Brazil, etc., present a huge potential market for Intraoperative Neuromonitoring (IONM) Devices manufacturers due to their burgeoning population and rising disposable incomes
Scope Of The Report
Report Attributes
Report Details
Report Title
Intraoperative Neuromonitoring (IONM) Devices Market Research Report
By Type
EEG Monitoring, EMG Monitoring, EP Monitoring
By Application
Neurosurgery, Spinal Surgery, Cardiovascular Surgery, ENT Surgery, Orthopedic Surgery, Other Surgeries
By Companies
Biotronic, Neurolink Monitoring, Evokes, Neuro Alert, Sentient, AXIS, Impulse Monitoring, Inc, Biotronic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
205
Number of Tables & Figures
144
Customization Available
Yes, the report can be customized as per your need.
Global Intraoperative Neuromonitoring (IONM) Devices Market Report Segments:
The global Intraoperative Neuromonitoring (IONM) Devices market is segmented on the basis of:
Types
EEG Monitoring, EMG Monitoring, EP Monitoring
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Neurosurgery, Spinal Surgery, Cardiovascular Surgery, ENT Surgery, Orthopedic Surgery, Other Surgeries
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Biotronic
- Neurolink Monitoring
- Evokes
- Neuro Alert
- Sentient
- AXIS
- Impulse Monitoring, Inc
- Biotronic
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Highlights of The Intraoperative Neuromonitoring (IONM) Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- EEG Monitoring
- EMG Monitoring
- EP Monitoring
- By Application:
- Neurosurgery
- Spinal Surgery
- Cardiovascular Surgery
- ENT Surgery
- Orthopedic Surgery
- Other Surgeries
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Intraoperative Neuromonitoring (IONM) Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
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- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Intraoperative neuromonitoring devices are medical devices that monitor the brain during surgery. They can help surgeons see when a patient is experiencing an adverse reaction to anesthesia and can provide real-time information about the patient's brain activity.
Some of the major companies in the intraoperative neuromonitoring (ionm) devices market are Biotronic, Neurolink Monitoring, Evokes, Neuro Alert, Sentient, AXIS, Impulse Monitoring, Inc, Biotronic.
The intraoperative neuromonitoring (ionm) devices market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Intraoperative Neuromonitoring (IONM) Devices Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Intraoperative Neuromonitoring (IONM) Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Intraoperative Neuromonitoring (IONM) Devices Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Intraoperative Neuromonitoring (IONM) Devices Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Intraoperative Neuromonitoring (IONM) Devices Market Size & Forecast, 2020-2028
4.5.1 Intraoperative Neuromonitoring (IONM) Devices Market Size and Y-o-Y Growth
4.5.2 Intraoperative Neuromonitoring (IONM) Devices Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 EEG Monitoring
5.2.2 EMG Monitoring
5.2.3 EP Monitoring
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Neurosurgery
6.2.2 Spinal Surgery
6.2.3 Cardiovascular Surgery
6.2.4 ENT Surgery
6.2.5 Orthopedic Surgery
6.2.6 Other Surgeries
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Intraoperative Neuromonitoring (IONM) Devices Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Intraoperative Neuromonitoring (IONM) Devices Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 EEG Monitoring
9.6.2 EMG Monitoring
9.6.3 EP Monitoring
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Neurosurgery
9.10.2 Spinal Surgery
9.10.3 Cardiovascular Surgery
9.10.4 ENT Surgery
9.10.5 Orthopedic Surgery
9.10.6 Other Surgeries
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 EEG Monitoring
10.6.2 EMG Monitoring
10.6.3 EP Monitoring
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Neurosurgery
10.10.2 Spinal Surgery
10.10.3 Cardiovascular Surgery
10.10.4 ENT Surgery
10.10.5 Orthopedic Surgery
10.10.6 Other Surgeries
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 EEG Monitoring
11.6.2 EMG Monitoring
11.6.3 EP Monitoring
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Neurosurgery
11.10.2 Spinal Surgery
11.10.3 Cardiovascular Surgery
11.10.4 ENT Surgery
11.10.5 Orthopedic Surgery
11.10.6 Other Surgeries
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 EEG Monitoring
12.6.2 EMG Monitoring
12.6.3 EP Monitoring
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Neurosurgery
12.10.2 Spinal Surgery
12.10.3 Cardiovascular Surgery
12.10.4 ENT Surgery
12.10.5 Orthopedic Surgery
12.10.6 Other Surgeries
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 EEG Monitoring
13.6.2 EMG Monitoring
13.6.3 EP Monitoring
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Neurosurgery
13.10.2 Spinal Surgery
13.10.3 Cardiovascular Surgery
13.10.4 ENT Surgery
13.10.5 Orthopedic Surgery
13.10.6 Other Surgeries
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Intraoperative Neuromonitoring (IONM) Devices Market: Competitive Dashboard
14.2 Global Intraoperative Neuromonitoring (IONM) Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Biotronic
14.3.2 Neurolink Monitoring
14.3.3 Evokes
14.3.4 Neuro Alert
14.3.5 Sentient
14.3.6 AXIS
14.3.7 Impulse Monitoring, Inc
14.3.8 Biotronic
