Press release
Intraoperative Neuromonitoring Market Reflect Impressive Expansion by 2027 With Accurate Monitoring LLC, Computational Diagnostics Inc, Intranerve LLC, Inomed Medizintechnik GMBH, Medtronic Plc, Moberg Research Inc, Natus Medical Incorporated, Nihon Kohde
Intraoperative Neuromonitoring Market
The intraoperative neuromonitoring market is expected to reach US$ 4,199.95 million in 2027 from US$ 2,341.92 million in 2019. The market is estimated to grow with a CAGR of 7.6% from 2020 to 2027.
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The List of Companies
Accurate Monitoring LLC
Computational Diagnostics Inc
Intranerve LLC
Inomed Medizintechnik GMBH
Medtronic Plc
Moberg Research Inc
Natus Medical Incorporated
Nihon Kohden Corporation
Nuvasive Inc
Speciality Care
Market Insights
Rising Incidences of Neurological Disorders
The growing prevalence of neurological disorders and increasing emphasis on patient safety during complicated surgeries are driving the growth of the intraoperative neuromonitoring market. Neurological diseases encompass the brain, spine, and the nerve disorders. The neurovascular systems are dependent on the continuous supply of oxygen and nutrients. The supply of oxygen and nutrients to the brain is essential for its working. Therefore, a defect in the system can impair the function and become a life-threatening factor. Neurological complications include stroke and spinal cord ischemia. During recent years, the prevalence of neurological disorders has increased significantly. For instance, the cerebral aneurysm is one of the neurovascular diseases that is rising significantly worldwide. Nearly 30,000 people in the US suffer from brain aneurysm rupture every year.
Moreover, traumatic brain injuries have also increased worldwide, leading to brain-related fatalities. A per the American Association of Neurological Surgeons, approximately 1.7 million cases of traumatic brain injuries (TBI) occur every year in the US. Also, it costs around US$ 48-56 billion annually to the economy. There are approximately 235,000 hospitalizations for TBI every year in the US. Intraoperative neuromonitoring (IONM) is the only option to assess the early symptoms and conditions during emergency brain trauma. These benefits have made it mandatory in neurosurgeries.
Rising prevalence of neurological diseases is anticipated to drive the need for the IONM, in turn, increasing demand for IONM products worldwide.
Research report has been compiled by studying the market in-depth along with drivers, opportunities, restraints & other strategies as well as new-developments that can help a reader to understand the exact situation of the market along with the factors that can limit or hamper the market growth and the report also has been updated with Impacts & effects of Coronavirus pandemic and how it has influenced consumer behavior & the growth of the market as well as industries.
The COVID-19 outbreak is currently going the world over, the Intraoperative Neuromonitoring Market report covers the impact of the corona-virus on top company’s growth. This research report categorizes as the key players in the Intraoperative Neuromonitoring market and also gives a comprehensive study of Covid-19 impact analysis of the market by regions like (Americas, Europe APAC, and EMEA).
The report offers key drivers that propel the growth in the global Intraoperative Neuromonitoring market. These insights help market players in devising strategies to gain market presence. The research also outlined the restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining the potential in untapped regions.
This report focuses on the global Intraoperative Neuromonitoring market with the future forecast, growth opportunity, key market, and key players. The study objectives are to present the Intraoperative Neuromonitoring market development in North America, Europe, China, Japan, Southeast Asia, India, and Central & South America.
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