openPR Logo
Press release

Intraoperative Neuromonitoring Market Is Moving Towards Outsourced Monitoring to Provide Advanced Treatment Options for Patients Suffering from Chronic Diseases

02-21-2019 10:20 AM CET | Health & Medicine

Press release from: Allied Market Research

Intraoperative Neuromonitoring Market

Intraoperative Neuromonitoring Market

The World Intraoperative Neuromonitoring (IONM) market was valued at $ 336 million in 2015, and the report said the combined report would reach $ 490 billion by 2022, a year-on-year growth of 7% from 2016 to 2022.

IONM systems accounted for nearly half of the total market in 2015. The IONM system helps identify neural structures during surgery. This helps the surgeon prevent any nervous system damage that may occur during surgery and reduce postoperative complications. Thus, the IONM system identifies progressive threats to the nervous system and warns the surgeon before reaching the patient's risk of injury.

Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/1920

The aging population, the increasing prevalence of chronic diseases, the application of IONM in other surgeries and the risk management through IONM during complex surgery are leading the market. However, there is a lack of awareness of IONM in developing countries and a lack of skilled professionals, which inhibits market growth. Increasing medical tourism and growth opportunities in the emerging economies of Asia Pacific and LAMEA are expected to provide major opportunities for major companies.

The major companies profiled in the report include
• Medtronic plc
• NuVasive Inc.
• Computational Diagnostics Inc.
• SpecialtyCare
• Natus Medical Incorporated.
• IntraNerve LLC
• inomed Medizintechnik GmbH
• AccurateMonitoring LLC
• Nihon Kohden Corporation
• Moberg Research Inc.

Outsourced IONM monitoring is growing at a faster pace than benefits from insourced monitoring. Hospitals do not prefer Incident monitoring because they cannot provide the standardized training required to improve the quality of service and appoint full-time staff with the required skills. Therefore, outsourcing monitoring is required between hospital and ASC, and the market is gradually moving to outsourcing monitoring service.

IONM is most commonly used in spine and neurosurgery. However, the use of IONM for orthopedics and internal surgery is increasing because these surgeries present a potential risk to neural structures and require skills to protect the nerves (and other related structures) during surgery.

Make an Enquiry before Buy @ https://www.alliedmarketresearch.com/purchase-enquiry/1920

Key findings of the Intraoperative Neuromonitoring Market
• Based on applications, spinal surgery segment accounted for one-third of the total market in 2015. However, orthopedic surgery is the fastest growing application of IONM (which is expected to grow with a CAGR of 7.4% from 2016 to 2022)
• Electromyography (EMG) modality accounted for more than one-fourth of the global market in 2015.
• IONM services segment is expected to grow at a high CAGR of 10.0% during the forecast period, due to an increase in the demand for IONM service providers.
• Hospitals accounted for nearly three-fifths of the total market in 2015.
• Asia-Pacific is expected grow at a high CAGR of 8.2%, owing to the presence of ample growth opportunities in terms of unmet medical needs for IONM services in the region.

North America accounted for majority of the share (more than two-fifths) in the market in 2015, and is expected to remain dominant throughout the forecast period. This is attributed to the presence of a large number of hospitals, and increase in number of surgeries in the region. In addition, awareness among people for IONM is anticipated to provide new growth opportunities for the key players in this market. In addition, rise in geriatric population, increase in incidence of spinal deformities, spinal stenosis, disc compression, and other chronic disorders drive the IONM market in Europe.

Access Full Summery @ https://www.alliedmarketresearch.com/intraoperative-neuromonitoring-market

About Us:

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Contact:

David Correa

5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States

Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975

help@alliedmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Intraoperative Neuromonitoring Market Is Moving Towards Outsourced Monitoring to Provide Advanced Treatment Options for Patients Suffering from Chronic Diseases here

News-ID: 1606217 • Views: 228

More Releases from Allied Market Research

North America Geogrid Market 2020 Segmentation, Demand, Growth, Trend, Opportuni …
According to the report published by Allied Market Research, the North America geogrid market generated $282.0 million in 2019, and is estimated to reach $408.25 million by 2027, registering a CAGR of 7.0% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Surge in infrastructure development activities across the U.S. and Mexico and superior physical properties
Intravenous Immunoglobulin (IVIG) Market 2020 In-Depth Analysis of Industry Shar …
Global intravenous immunoglobulin market accounted for $8,995 million in 2017, and is projected to reach $15,964 million by 2025, registering a CAGR of 7.5% from 2018 to 2025. Immunoglobulin (Ig) is a plasma-derived product, which is obtained from the serum of healthy donors. The isolated plasma product is clinically treated and purified to Ig, which can be further used in the treatment of patients with antibody deficiency. Intravenous immunoglobulin (IVIG) finds
Asthma and COPD Drugs Market Is Expected to Witness a Steady Growth by 2026
"Asthma and COPD Drugs Market by Disease and Medication Class - Global Opportunity Analysis and Industry Forecasts, 2014-2022", projects that the global market for Asthma and COPD Drugs was valued at $38,960 million in 2015 and would reach $50,359 million by 2022, registering a CAGR of 3.7% from 2016 to 2022. Asthma segment dominated the market in 2015 and expected to continue its dominance throughout the forecast period. North America
Synthetic Biology Market in Global Industry by Top Companies, Type and Applicati …
Global Synthetic biology market is forecast to reach $38.7 billion by 2020, at a CAGR of 44.2% during the forecast period (2014 - 2020). Europe occupies largest share in the global market and would hold-on to its position throughout 2020. However, Asia Pacific is the fastest growing market with a CAGR of 46.4% from 2014 - 2020. Read Full Report @ https://www.alliedmarketresearch.com/synthetic-biology-market Synthetic biology is at a nascent stage and has recently

All 5 Releases


More Releases for IONM

Global Intraoperative Neuromonitoring (IONM) Market Research
Global Intraoperative Neuromonitoring (IONM) Market Research frameworks portion represented almost 50% of the aggregate market in 2015. Global Intraoperative Neuromonitoring (IONM) Market Research frameworks help in the ID of neural structures amid a medical procedure. This encourages the specialists to keep any harm to the sensory system, which might be caused amid the medical procedure and diminish post-agent complexities. Subsequently, IONM frameworks distinguish any dynamic risk to the sensory system
Intraoperative Neuromonitoring (IONM) Market - Transformation Phase 2017-2025
Global Intraoperative Neuromonitoring (IONM) Market: Overview On account of the increasing care toward patient safety, the demand for intraoperative neuromonitoring has continued to rise at a steady pace. The burden of healthcare costs on patients and their desire to avoid readmission have upped the adoption of intraoperative neuromonitoring around the world. Intraoperative neurophysiological monitoring (IONM) uses electrophysiological techniques such as electromyography (EMG), electroencephalography (EEG), and evoked potentials to effectively monitor
Intraoperative Neuromonitoring (IONM) Market expected to surge by 2025
Global Intraoperative Neuromonitoring (IONM) Market: Overview On account of the increasing care toward patient safety, the demand for intraoperative neuromonitoring has continued to rise at a steady pace. The burden of healthcare costs on patients and their desire to avoid readmission have upped the adoption of intraoperative neuromonitoring around the world. Intraoperative neurophysiological monitoring (IONM) uses electrophysiological techniques such as electromyography (EMG), electroencephalography (EEG), and evoked potentials to effectively monitor
Intraoperative Neuromonitoring (IONM) Market - Predicted Analysis and Forecast 2 …
Global Intraoperative Neuromonitoring (IONM) Market: Overview On account of the increasing care toward patient safety, the demand for intraoperative neuromonitoring has continued to rise at a steady pace. The burden of healthcare costs on patients and their desire to avoid readmission have upped the adoption of intraoperative neuromonitoring around the world. Intraoperative neurophysiological monitoring (IONM) uses electrophysiological techniques such as electromyography (EMG), electroencephalography (EEG), and evoked potentials to effectively monitor
Intraoperative Neuromonitoring (IONM) Market to Witness Comprehensive Growth by …
Global Intraoperative Neuromonitoring (IONM) Market: Overview On account of the increasing care toward patient safety, the demand for intraoperative neuromonitoring has continued to rise at a steady pace. The burden of healthcare costs on patients and their desire to avoid readmission have upped the adoption of intraoperative neuromonitoring around the world. Intraoperative neurophysiological monitoring (IONM) uses electrophysiological techniques such as electromyography (EMG), electroencephalography (EEG), and evoked potentials to effectively monitor
Intraoperative Neuromonitoring (IONM) Market - Current Trends,Analysis & Forecas …
Global Intraoperative Neuromonitoring (IONM) Market: Overview On account of the increasing care toward patient safety, the demand for intraoperative neuromonitoring has continued to rise at a steady pace. The burden of healthcare costs on patients and their desire to avoid readmission have upped the adoption of intraoperative neuromonitoring around the world. Intraoperative neurophysiological monitoring (IONM) uses electrophysiological techniques such as electromyography (EMG), electroencephalography (EEG), and evoked potentials to effectively monitor