openPR Logo
Press release

Intraoperative Neuromonitoring Market Size to Hit Valuation of $4.90 Billion by 2022 | Spinal Surgery, Neurosurgery, Vascular Surgery, ENT Surgery, Orthopedic Surgery

05-05-2021 01:01 PM CET | Health & Medicine

Press release from: Allied Market Research

Intraoperative Neuromonitoring Market

Intraoperative Neuromonitoring Market

IONM would improve intraoperative decision-making, by guiding a surgeons hands during surgery to reduce potential neurological risk. This benefits patients with a better surgical outcome and reduces a surgeons liability to a great extent.

Global Intraoperative Neuromonitoring (IONM) Market was valued at $3,036 million in 2015, and is projected to reach $4,900 million by 2022, growing at a CAGR of 7% from 2016 to 2022, according to a new report published by Allied Market Research.

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

COVID-19 scenario-

1) The Covid-19 pandemic and followed by lockdown has affected several manufacturing industries.

2) The prolonged lockdown resulted in a disrupted supply chain and increased the prices of raw materials.

3) However, as the world has been recovering from the pandemic, the market is estimated to get back on track.

IONM systems segment accounted for nearly half of the total market in 2015. IONM systems help in the identification of 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 reduce post-operative complications. Thus, IONM systems identify any progressive threat to the nervous system and alert the surgeon prior to reaching the patients threshold for injury.

Ageing population, increase in prevalence of chronic disorders, applications of IONM in different surgeries, and risk management through IONM during complex surgeries drive the market. However, low awareness of IONM in developing nations and lack of skilled professionals restrain the market growth. Increase in medical tourism and growth opportunities in the emerging economies of the Asia-Pacific and LAMEA regions are expected to provide several opportunities for key players.

Inquire before buying @ https://www.alliedmarketresearch.com/purchase-enquiry/1920

Outsourced IONM monitoring is growing at a fast pace due to its benefits over insourced monitoring. Now-a-days, hospitals 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 required to improve the quality of service. Thus, outsourced monitoring is in demand among hospitals and ASCs, and the market gradually shifts toward outsourced monitoring services.

IONM is most commonly used during spinal and neurosurgery. However, there is an increase in the use of IONM for orthopedic as well as ENT surgeries as these surgeries pose a potential risk to the neural structures and require a technique, which protects nerves (and other related structures) during the procedure.

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 Report @ https://www.alliedmarketresearch.com/intraoperative-neuromonitoring-market

The Major Key Players Are:

Medtronic plc, NuVasive, Inc., Computational Diagnostics, Inc., SpecialtyCare, Natus Medical Incorporated., IntraNerve, LLC, inomed Medizintechnik GmbH, AccurateMonitoring LLC, Nihon Kohden Corporation, and Moberg Research, Inc.

Similar Reports:

U.S. Topical Pain Relief Market : https://www.einpresswire.com/article/532261554/topical-pain-relief-market-size-in-u-s-is-generating-revenue-of-3-73-billion-by-2025

Biomarker Technologies Market : https://www.einnews.com/pr_news/532514327/biomarker-technologies-market-is-generating-revenue-of-58-50-billion-by-2026-latest-research-report

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
Web: https://www.alliedmarketresearch.com

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. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. 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.

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 Size to Hit Valuation of $4.90 Billion by 2022 | Spinal Surgery, Neurosurgery, Vascular Surgery, ENT Surgery, Orthopedic Surgery here

News-ID: 2280257 • Views:

More Releases from Allied Market Research

High- Performance Computing as a Service Market Rising Valuation to Reach $17.00 billion by 2026, Fueled by Strong CAGR of 13.3%
High- Performance Computing as a Service Market Rising Valuation to Reach $17.00 …
According to a recent report published by Allied Market Research, titled, "High-Performance Computing as a Service Market Size by Component, Deployment Type, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2018-2026," The global HPC as a service market size was valued at $6.28 billion in 2018, and is projected to reach $17.00 billion by 2026, registering a CAGR of 13.3% from 2019 to 2026. Request Sample Report: https://www.alliedmarketresearch.com/request-sample/5960 High-performance computing is mainly
Food Minerals Market Giants Spending Is Going To Boom | $3 Billion by 2032
Food Minerals Market Giants Spending Is Going To Boom | $3 Billion by 2032
According to a new report published by Allied Market Research, titled, "Food Minerals Market," The food minerals market was valued at $1.6 billion in 2022, and is estimated to reach $3 billion by 2032, growing at a CAGR of 6.3% from 2023 to 2032. Request Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/A08416 Food minerals are essential for body development and the proper functioning of the body. Change in the food habits of consumers,
Biodegradable Cups Market is Expected to Rise $1.1 billion by 2031, Growing At a CAGR of 8.5% From 2023-2032
Biodegradable Cups Market is Expected to Rise $1.1 billion by 2031, Growing At a …
Rise in construction activities across various regions such as Europe & Asia-Pacific, surge in demand for innovative building designs, and increase in urbanization and industrialization in emerging economies are expected to drive the growth of the global architectural acoustic panels market. Closed manufacturing facilities, reduction in workforce, and other supply chain challenges during the COVID-19 pandemic had a negative impact on the growth of the market. The global architectural acoustic panels
Architectural Acoustic Panels Market is projected to achieve a value of $13.8 billion by 2031, reflecting a robust CAGR of 6.3%
Architectural Acoustic Panels Market is projected to achieve a value of $13.8 bi …
Rise in construction activities across various regions such as Europe & Asia-Pacific, surge in demand for innovative building designs, and increase in urbanization and industrialization in emerging economies are expected to drive the growth of the global architectural acoustic panels market. Closed manufacturing facilities, reduction in workforce, and other supply chain challenges during the COVID-19 pandemic had a negative impact on the growth of the market. Download Sample PDF (255 Pages

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 - Competitive Environment & 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
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) Devices Market Research Report 2018
In this report, the global Intraoperative Neuromonitoring (IONM) Devices market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Intraoperative Neuromonitoring (IONM) Devices in these regions, from 2013
Intraoperative Neuromonitoring (IONM) Market Analysis and Growth Forecast 2017-2 …
SpecialtyCare, Natus, NuVasive, Medtronic, and inomed Medizintechnik GmbH are the leading players in the global intraoperative neuromonitoring (IONM) market. The global IONM market is expected to cross $4 billion, growing at a CAGR close to 7.8% during 2016–2022. The market for IONM is relatively entrenched in developed countries, especially in the US and Europe. North America will lead the market and the US will have the maximum share (90%) of