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Intraoperative Neuromonitoring Market Forecast Driven by Demand for Safer Surgeries | Valuates Reports
Intraoperative Neuromonitoring Market SizeAccording to QYResearch's new survey, global Intraoperative Neuromonitoring market is projected to reach US$ 6126.9 million in 2029, increasing from US$ 4083.6 million in 2022, with the CAGR of 5.9% during the period of 2023 to 2029.
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The Intraoperative Neuromonitoring market is seeing steady market growth as hospitals and surgical centers prioritize patient safety and neurological protection during complex procedures. IONM technologies are increasingly being integrated into surgeries involving the brain, spine, and peripheral nerves, where precision and risk mitigation are essential.
Market Size and Growth Drivers
The market size is expanding as the number of spinal and neurosurgical procedures rises globally. IONM is becoming standard practice in many operating rooms due to its ability to reduce the risk of permanent nerve damage. The increase in aging populations and chronic conditions that require surgical treatment is also fueling market growth.
Market Trends and Applications
Current market trends show a growing shift toward multimodal monitoring, which combines various techniques such as EEG, EMG, and SSEP to offer comprehensive neurological assessment. Portable and wireless monitoring solutions are also emerging, enhancing usability and workflow efficiency. The application of IONM is growing not only in neurosurgery but also in orthopedic, vascular, and ENT surgeries.
Market Share and Competitive Landscape
The market share is spread among a mix of established device manufacturers and service-based providers. Key players are focusing on developing integrated platforms that offer real-time data interpretation and improved interface designs. Competition is intensifying as companies expand their offerings to include remote monitoring capabilities and support services.
Market Forecast and Regional Insights
The market forecast remains strong, supported by the continued global push for safer surgical outcomes. Developed regions such as North America and Europe lead in adoption due to robust healthcare systems and surgical volumes. Meanwhile, Asia-Pacific is witnessing rapid market growth driven by healthcare infrastructure upgrades and rising surgical expertise.
Segment by Type
• System
• Accessory
• Service
Segment by Application
• Spinal surgery
• Neurosurgery
• Vascular surgery
• ENT surgery
• Other
By Company
Accurate Monitoring, Computational Diagnostics, Intranerve, Inomed Medizintechnik, Medtronic
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