Press release
The Role Of Intraoperative Neuromonitoring In Addressing The Surge In Prevalence Of Chronic Neurological Disorders: A Significant Driver Propelling The Intraoperative Neuromonitoring Market In 2025
Intraoperative Neuromonitoring
What Is the Intraoperative Neuromonitoring Market Size and Projected Growth Rate?
The market size for intraoperative neuromonitoring has shown robust growth in the past few years. An increase from $3.56 billion in 2024 to $3.8 billion in 2025 is estimated, at a compound annual growth rate (CAGR) of 6.8%. The historical growth has been linked to factors such as the increased prevalence of neurological disorders, heightened awareness among surgeons, a greater sweep of applications in diverse surgeries, a rising elderly population, and supportive insurance coverage and reimbursement policies.
Expectations are high for robust expansion in the intraoperative neuromonitoring market in the upcoming years, as projections point to a worth of $5.23 billion by 2029, representing a compound annual growth rate (CAGR) of 8.3%. This anticipated growth during the projection period is largely driven by factors such as the rising demand for minimally invasive surgical procedures, an overall increase in the number of surgical operations worldwide, a heightened emphasis on the safety of patients, broadened usage in novel medical disciplines, and government-led policies and programs. Notable trends during this forecast period encompass advancements in technology, the use of devices based on the Internet of Things (IoT), innovations in products and strategic partnerships.
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What Are the Major Segments in the Intraoperative Neuromonitoring Market?
The intraoperative neuromonitoring market covered in this report is segmented -
1) By Products And Services: Systems, Accessories, Services
2) By Modality: Motor Evoked Potentials, Somatosensory Evoked Potentials, Electroencephalography, Electromyography, Brainstem Auditory Evoked Potentials, Visual Evoked Potentials
3) By Application: Spinal Surgery, Neurosurgery, Vascular Surgery, ENT Surgery, Orthopedic Surgery, Other Surgeries
4) By End User: Hospitals, Ambulatory Surgical centers
Subsegments:
1) By Systems: Electromyography (EMG) Systems, Electroencephalography (EEG) Systems, Evoked Potential (EP) Systems, Multimodal Monitoring Systems
2) By Accessories: Electrodes, Cables And Connectors, Amplifiers, Monitors And Display Units
3) By Services: Consulting Services, Technical Support And Maintenance, Training And Education Services, Data Analysis And Reporting Services
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What Are The Driving Intraoperative Neuromonitoring Market Evolution?
The surge in neurovascular disorders' occurrence is predicted to spur the growth of the intraoperative neuromonitoring market in the future. Neurovascular disorders denote long-lasting diseases such as Parkinson's disease, Alzheimer's disease, and epilepsy. Intraoperative neuromonitoring assists in evaluating neural structures' reliability and alertness during surgeries for various neurologic illnesses like Alzheimer's disease. For example, the National Library Of Medicine, a US federal government agency, estimates that around 6.2 million Americans aged 65 or older are living with Alzheimer's dementia, a number projected to reach 13.8 million by 2060. Hence, the heightened incidence of neurovascular disorders fuels the intraoperative neuromonitoring market's expansion.
Which Firms Dominate The Intraoperative Neuromonitoring Market Segments?
Major companies operating in the intraoperative neuromonitoring market are Medtronic PLC, Natus Medical Incorporated, Cadwell Industries Inc., Siemens Healthineers, Neurosign, Mizuho Medical Co. Ltd., EEG Solutions Inc., Invenia Technical Computing, Cablescope Inc., Blackrock Neurotech, Specialty Surgical Instrumentation, NeuroWave Systems, Intraoperative Monitoring Services LLC, BrainScope Company, Inc., Trident Medical Inc., CortiCare, Soterix Medical, Viking Medical, Neuromonitoring Associates, NeuroVigil, Neurophysiology Associates, NeuroDiagnostic Institute, Biomedical Monitoring Inc., The EPI Group, Advanced Neuromonitoring Technologies, Amplified NeuroTech
What Trends Are Expected to Dominate the Intraoperative Neuromonitoring Market in the Next 5 Years?
The incorporation of cutting-edge technology into intraoperative neuromonitoring systems is currently a key trend in the intraoperative neuromonitoring market. Many major players in this market are pursuing the development of new tech solutions to consolidate their market standing. For instance, Nihon Kohden, a medical device producer based in Japan, unveiled the One View solution in October 2023. This leading-edge solution is a feature of the Neuromaster G1 intraoperative neuromonitoring (IONM) system and allows for a flawless melding of the patient's anesthesia and critical indicators like pulse rate, SpO2, body heat and more, with the neurological data in the IONM software. It adopts a customizable alert system that comes with auditory signals to enable swift reactions and prompt interventions. These alerts can be set up to activate when specific threshold parameters are met.
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Which Is The Largest Region In The Intraoperative Neuromonitoring Market?
North America was the largest region in the intraoperative neuromonitoring market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the intraoperative neuromonitoring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Intraoperative Neuromonitoring Market?
2. What is the CAGR expected in the Intraoperative Neuromonitoring Market?
3. What Are the Key Innovations Transforming the Intraoperative Neuromonitoring Industry?
4. Which Region Is Leading the Intraoperative Neuromonitoring Market?
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