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Intraoperative Neuromonitoring (IONM) Market Analysis and Growth Forecast 2017-2022

10-12-2017 07:22 AM CET | Health & Medicine

Press release from: Arizton Advisory & Intelligence

Global IONM Market Analysis by Arizton Advisory & Intelligence

Global IONM Market Analysis by Arizton Advisory & Intelligence

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 the total market share in the region. The orthopedic surgery segment is likely to post the highest growth CAGR in the application segment, whereas the neurosurgery segment will remain the largest market. The EP segment will dominate the market during the forecast period.

View report: Intraoperative Neuromonitoring (IONM) Market - Global Outlook and Forecast 2017 - 2022

https://www.arizton.com/reports/healthcare-lifesciences/intraoperative-neuromonitoring-market-ionm-market

IONM Market: Key Vendor Analysis

Vendors majorly focus on merger & acquisition to strengthen their presence

The global market can be termed as attractive one because of the growth prospects it holds. Mergers and acquisition are the major strategies used by vendors in the market. The report includes the news and details of the key mergers and acquisition of major vendors in the industry.

Major vendors profiled in the report are as following:

SpecialtyCare
Natus
NuVasive
Medtronic
inomed Medizintechnik GmbH

Other emerging vendors are Accurate Monitoring, Cadwell Industries, Computational Diagnostics, Bromedicon Neuromonitoring, Clinical Neurodiagnostics, CNS Neuromonitoring, Dr. Langer Medical GmbH, IntraNerve, Medsurant Health, Neuro Alert, Neurophysiology Services Asia, Nihon Kohden Corporation.

The report provides the analysis of the key segments of the market by end-users, geography, and vendors. It provides a detailed analysis of revenue from various segments:

Source Types
In-sourced
Outsourced

Methodology Types
Evoked Potential (EP)
Electromyography (EMG)
Electroencephalography (EEG)

Application Types
Neurosurgery
Orthopedic surgery
ENT surgery
Cardiovascular surgery

Major Geographies
APAC
EMEA
Latin America
North America

Neurosurgery segment is going to dominate the market during the forecast period

Outsourced intraoperative neuromonitoring is growing at a rapid pace due to its benefits over in-sourced monitoring. Hospitals prefer outsourced monitoring as it eliminates the need for purchase of premium priced Intraoperative neuromonitoring capital equipment and avoid the requirement to appoint full-time IONM professionals.

In terms of modality, the EP segment dominated the market with a major share of 68.25% of the global IONM market due to its broad range of surgical applications and the high utilization rate. This segment is anticipated to be driven at a slightly growth rate during 2016−2022 and will retain to be major segment of the global Intraoperative neuromonitoring market by modality type during the forecast period. In terms of the growth rate, orthopedic surgeries are likely to grow at a higher CAGR than other surgical types. However, neurosurgery will remain the major revenue contributor during the forecast period in the application segment.

View report: Intraoperative Neuromonitoring (IONM) Market - Global Outlook and Forecast 2017 - 2022

https://www.arizton.com/reports/healthcare-lifesciences/intraoperative-neuromonitoring-market-ionm-market

Related Reports:

1) IONM Market in North America - Industry Outlook and Forecast 2017-2022

https://www.arizton.com/reports/healthcare-lifesciences/ionm-market-in-north-america

2) Maternity Care Market - Global Outlook and Forecast 2017 - 2023

https://www.arizton.com/reports/healthcare-lifesciences/maternity-care-market

About Arizton
Arizton – Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize foolproof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

Arizton Advisory & Intelligence
Chicago, Illinois, 60605
Mail: enquiry@arizton.com
Call: +1-312-465-7864

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