Nerve Monitoring Devices Market Latest Advancements and Growing Business Opportunities 2021 to 2025 | Dr. Langer Medical GmbH, Electrical Geodesics Inc., NuVasive, Inc., Neurowave Systems, Neurosign Surgical, Natus Medical Inc., Medtronic Plc., Cadwell La

The Nerve Monitoring Devices Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The global Nerve Monitoring Devices Market size was valued at USD 1,001.4 million in 2014 and is expected to grow at a CAGR of 10.9% (approx.) over the forecast period.

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Nerve Monitoring Devices Market: Dr. Langer Medical GmbH, Electrical Geodesics Inc., NuVasive, Inc., Neurowave Systems, Neurosign Surgical, Natus Medical Inc., Medtronic Plc., Cadwell Laboratories, Compumedics Limited, Nihon Kohden and others.

Some Of The Recent Developments In The Market Are As Follows:

Neurosign launches new intraoperative nerve monitor to preserve nerves

May 24, 2021: Neurosign today announced the U.S. launch of its V4 system for monitoring cranial nerves and spinal nerve roots during surgeries.

FDA cleared the V4 4-channel and 8-channel nerve monitoring system in March.

“We have many years of experience listening to surgeons and developing systems that solve challenges. The V4 is the next iteration of advanced nerve monitoring that focuses on patient safety and preserving the patient’s critical nerve structures,” said Lothar Krinke, CEO of Neurosign’s parent company Welcony (Whitland, U.K.).

Dr. Jeffson Chung of West Virginia University Hospital recently used the V4 in successful thyroidectomy and facial nerve surgeries.  He also used the Neurosign Bipolar probe for nerve identification and stimulation. He described neuromonitoring as an additional tool to minimize risk.

Medtronic Expands ENT Portfolio with FDA Clearance of NIM Vital™ Next Generation Intraoperative Nerve Monitoring System and Acquisiton of Ai Biomed Corp.

DUBLIN, Oct. 29, 2020 -- Medtronic plc (NYSE:MDT), the global leader in medical technology, today announced it has received U.S. Food and Drug Administration (FDA) 510(k) clearance of the NIM Vital™ nerve monitoring system, which enables physicians to identify, confirm, and monitor nerve function to help reduce the risk of nerve damage during head and neck surgery.1 The NIM Vital system uses proprietary technology to provide detailed intraoperative nerve condition data that informs surgical strategy,2 increases operative efficiency and precision,3 and helps protect patients' quality of life.4

The company also announced further enhancement of its ENT portfolio with the recent acquisition of privately-held Ai Biomed Corp., maker of the PTeye™ parathyroid detection system. The only probe-based technology of its kind,5 the PTeye system is designed to help confirm parathyroid tissue identified visually by the physician during thyroid surgery.

Philips to acquire Electrical Geodesics, Inc. to establish integrated neurological imaging, mapping and therapy guidance portfolio

June 22, 2017: Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced an agreement to acquire Electrical Geodesics, Inc. (EGI), a US-based medical device company that designs, develops and commercializes a range of non-invasive technologies used to monitor and interpret brain activity. EGI’s portfolio of EEG hardware, software and acquisition sensors will complement Philips’ existing portfolio of imaging technologies (e.g. MRI and PET-CT) and advanced informatics (e.g. IntelliSpace Portal) for neurological applications. The combined portfolios will enable Philips to address neurological disorders such as stroke, epilepsy, traumatic brain injury and Parkinson’s disease.

Under the terms of the agreement, EGI stockholders will receive, in cash, 105.4 pence per EGI share, which constitutes a 36.0 percent premium to EGI’s closing price on June 21, 2017, for a total equity value of GBP 29.0 million (approximately EUR 32.9 million). The transaction is subject to customary closing conditions, including EGI stockholder approval, and is expected to close in the third quarter of 2017.

Global Nerve Monitoring Devices Market Split by Product Type and Applications:

This report segments the market on the basis of Types are:

EEG
Evoked Potential
EMG
ECoG

On the basis of Application, the market is segmented into:

Hospital
Clinics
Others

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Regional Analysis For Nerve Monitoring Devices Market:

For comprehensive understanding of market dynamics, the global Nerve Monitoring Devices market is analyzed across key geographies namely:

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Nerve Monitoring Devices Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger and acquisitions along with trending innovation and business policies are reviewed in the report. The report contains basic, secondary and advanced information pertaining to the Market global status and trend, market size, share, growth, trends analysis, segment and forecasts from 2021–2027.                 

Key Points of Nerve Monitoring Devices Market Table of Contents:

-Market Overview: The report begins with this section where a product overview and key content on the product and application segments of the global Halal Foods market are provided. The highlights of the segmentation study include price, revenue, sales, sales growth rate, and market share by product.

-Competition by company: Here we analyze the competition of the global Nerve Monitoring Devices market, by company price, revenue, sales and market share, market share, competitive landscape, and latest trends, mergers, expansions, acquisitions, and market share of top companies.

-Company Profile and Sales Data: As the name suggests, this section provides sales data and useful information about the business of key players in the global Nerve Monitoring Devices market. It describes the key businesses of gross margin, price, revenue, products and specifications, types, applications, competitors, manufacturing base, and key players operating in the global Nerve Monitoring Devices market.

-Market Forecast: Here the report provides a full forecast for the global Nerve Monitoring Devices market by product, application, and region. It also provides global sales and revenue forecasts for all years in the forecast period.

-Research Results and Conclusion: One of the last sections of the report where analyst findings and findings are provided.

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Due to the onset of COVID-19 pandemic, several economies across the world have experienced harsh economic downturn. The industrialists across North America, Europe, Asia Pacific, Latin America and Middle East and Africa were facing problems due to changing preferences of the customers and demand fluctuation. The market research report covers pre-Covid-19 data for the Nerve Monitoring Devices market in years 2018 and 2020. Further, the report also covers forecast Covid-19 data from 2021 to 2027, which provides future outlook of the market for the manufacturers and suppliers.

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