openPR Logo
Press release

Intraoperative Neuromonitoring Market Growth in the United States Has Risen Dramatically - Industry Forecast, 2018-2025

03-19-2019 04:47 PM CET | Health & Medicine

Press release from: Allied Market Research

Intraoperative Neuromonitoring Market

Intraoperative Neuromonitoring Market

The U.S. intraoperative neuromonitoring (IONM) market generated $1,239 million in 2015 and is projected to reach $1,938 million by 2022, growing at a CAGR of 6.6% from 2016 to 2022.

The IONM system segment accounted for nearly half of the total market in 2015. These systems help to identify neural structures during a surgery. This helps the surgeons to prevent any damage to the nervous system, which may be caused during the surgery and also reduce post-operative complications. The U.S. IONM market is driven by rise in number of surgeries, increase in geriatric population, growth in prevalence of chronic disorders, and surge in adoption of IONM during complex surgeries.

Download Sample: https://www.alliedmarketresearch.com/request-sample/5034

Based on source type, the U.S. IONM market is bifurcated as outsourced monitoring and insourced monitoring. The outsourced monitoring segment is expected to grow at the highest CAGR, owing to its benefits over insourced monitoring. At present, hospitals generally do not prefer insourced monitoring as they have to appoint a full-time employee with the required skill set, and they cannot offer the training standardization to improve the quality of service. Thus, outsourced monitoring is in demand among hospitals and ambulatory surgical centers (ASCs).

Based on product & service, the U.S. IONM market is categorized as system, accessory, and service. The system segment dominates the U.S. IONM market, owing to its critical role in every IONM procedure. On the other side, the service segment is expected to exhibit the fastest market growth during the forecast period, owing to increase in demand for IONM service providers. Based on modality, the U.S. IONM market is segmented into somatosensory evoked potential (SSEP), motor evoked potential (MEP), electromyography (EMG), electroencephalography (EEG), visual evoked potential (VEP), and brainstem auditory evoked potential (BAEP). The EMG segment was the major revenue contributor in 2015 and is estimated to remain dominant during the forecast period, owing to its applicability in complex surgery. However, the BAEP segment is expected to show the fastest market growth during the forecast period, owing to technological advancements and rise in adoption of BAEPs.

Based on application, the U.S. IONM market is categorized into spinal surgery, neurosurgery, orthopedic surgery, ENT surgery, vascular surgery, and other surgeries. The spinal surgery segment was the highest revenue contributor to the U.S. IONM market in 2015, owing to increase in number of spinal surgeries in the U.S and recommended use of IONM during spinal surgery. However, the orthopedic surgery segment is projected to exhibit the fastest market growth during the forecast period, owing to increase in adoption of IONM during orthopedic surgery.

Based on end user, the U.S. IONM market is classified into hospital and ambulatory surgical center (ASC). The hospital segment was the major revenue contributor in 2015, owing to increase in number of hospitals, growth in number of surgeries, and rise in outsourced monitoring within hospitals. However, the ambulatory surgery center segment is expected to exhibit rapid growth during the forecast period, owing to rise in number of surgeries within ambulatory surgery centers.

State-wise, the market is studied across all the states in U.S., California was the major revenue generating state in 2015, owing to increased usage of IONM procedures, surge in number of neurosurgery & orthopedic surgeries, easy availability of trained medical professionals, presence of developed healthcare infrastructure with higher healthcare spending. However, Washington will witness the fastest market growth over the forecast period, owing to the growing adoption of IONM in various surgical procedures, increasing incidence of chronic diseases, and rising healthcare spending among the population.

Get More Information: https://www.alliedmarketresearch.com/purchase-enquiry/5034

Key Finding of the Intraoperative Neuromonitoring Market:

• Based on application, the spinal surgery segment accounted for more than one-fourth of the total market in 2015.
• As per modality, the electromyography (EMG) segment accounted for more than one-fourth of the U.S. market in 2015.
• According to product & service, the IONM service segment is expected to grow at a high CAGR of 9.4% during the forecast period, owing to an increase in the demand for IONM service providers.
• On the basis of end user, the hospital segment accounted for nearly half of the total market share in 2015.
• State-wise, Washington is expected to grow at a CAGR of 10.1% during the forecast period 2016 to 2022.

The key players profiled in this report include Accurate Monitoring, LLC., Computational Diagnostics, Inc., Intranerve, LLC., Inomed Medizintechnik GmbH, Medtronic Plc, Moberg Research, Inc. (Dayone Medical, LLC.), Natus Medical Incorporated, Nihon Kohden Corporation, Nuvasive, Inc., and Specialtycare.

Read More: https://www.alliedmarketresearch.com/us-intraoperative-neuromonitoring-market

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
help@alliedmarketresearch.com
Web: www.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 Growth in the United States Has Risen Dramatically - Industry Forecast, 2018-2025 here

News-ID: 1662800 • Views: 239

More Releases from Allied Market Research

Proximity and Displacement Sensors Market - 2020: COVID-19 Scenario, Growth Oppo …
The report titled, “Proximity and Displacement Sensors Market By Type (Inductive, Photoelectric, Capacitive, Ultrasonic, Magnetic & LVDT sensors) and Application (Parking Sensor Systems, Ground Proximity Warning System, Anti-aircraft warfare, Assembly line automation, Vibration monitoring system, Roller coasters, Conveyor systems) - Global Opportunity Analysis and Industry Forecast, 2020-2027” published by Allied Market Research, says that proximity and displacement sensors market is expected to grow sustainably by 2027. The report offers an
Asia-Pacific ATM Market - 2020: COVID-19 Impact, Growth Opportunities and Busine …
The report titled, “Asia-Pacific ATM Market By Solutions (ON site ATMs, Off site ATMs, Work site ATMs, Mobile ATMs, Managed services) and by Type (Conventional ATM, Brown label ATM, White label ATM, Smart ATM, Cash dispenser) - Opportunity Analysis and Industry Forecast, 2020-2027” published by Allied Market Research, says that Asia-Pacific ATM market is expected to grow sustainably by 2027. The report offers an extensive market analysis focusing on key
Travel Insurance Market - 2020: COVID-19 Scenario, Market Share, Growth Opportun …
The report titled, “Travel Insurance Market By Insurance Cover (SingleTrip Travel Insurance, Annual Multi-Trip Travel Insurance, and Long-Stay Travel Insurance), Distribution Channel (Insurance Intermediaries, Insurance Companies, Banks, Insurance Brokers, and Insurance Aggregators), and End User (Senior Citizens, Education Travelers, Business Travelers, Family Travelers, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027” published by Allied Market Research, says that travel insurance market is expected to grow sustainably by 2027. The
Crystal Oscillator Market – 2020: COVID-19 Impact, Market Share, Growth Opport …
The report titled, “Crystal Oscillator Market By Technology (AT Cut, BT Cut, and SC Cut), Type (Voltage-Controlled Crystal Oscillator, Temperature-Compensated Crystal Oscillator, Oven-Controlled Crystal Oscillator, and Others), Mounting Scheme (Surface Mount and Thru-Hole), and Industry Vertical (Electronics, IT & Telecommunication, Military & Defense, Automotive & Transport, and Others) - Global Opportunity Analysis and Industry Forecast, 2020-2027” published by Allied Market Research, says that crystal oscillator market is expected to grow

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