Market Introduction
Intraoperative neuromonitoring (IONM) is an integral part of most of the surgical procedures. It has been widely used minimize neurological morbidity from operative manipulations, identify neural structures and thereby prevent post-operative impairments. The goal of such monitoring is to identify changes in spinal cord, brain, and peripheral nerve function prior to irreversible damage. IONM employs a wide range of modalities, which includes motor evoked potentials (MEPs), somatosensory evoked potentials (SSEPs), electroencephalography (EEG), electromyography, brainstem auditory evoked potentials (BAEPs), and visual evoked potentials (VEPs).
Market Overview and Dynamics
The North America intraoperative neuromonitoring market is expected to reach US$ 1,874.02 million by 2027 from US$ 1,029.17 million in 2019. The market is anticipated to grow at a CAGR of 7.9% during 2019–2027. The rising incidences of neurological disorders and increasing technological advancements in the field of neuromonitoring are the major factors expected to boost the growth of the intraoperative neuromonitoring market in North America. However, the market is likely to get impacted by the risk factor such as dearth of skilled professional during the forecast period.
Key Market Segments
In terms of product, the systems segment accounted for the largest share of the North America intraoperative neuromonitoring market in 2019. In terms of source, insourced monitoring segment accounted for the largest share of the North America intraoperative neuromonitoring market in 2019. In terms of modality, the somatosensory evoked potentials segment accounted for the largest share of the North America intraoperative neuromonitoring market in 2019. In terms of application, the spinal surgery segment accounted for the largest share of the North America intraoperative neuromonitoring market in 2019. In terms of end-user, the hospitals segment accounted for the largest share of the North America intraoperative neuromonitoring market in 2019.
Major Sources and Companies Listed
Several major primary and secondary sources associated with the North America intraoperative neuromonitoring market report are the World Health Organization (WHO), Centers of Disease Control and Prevention (CDC), Orthopaedic Research Society, Canadian Patient Safety Institute (CPSI), and American Association of Neurological Surgeons, among others.
Reasons to buy report
NORTH AMERICA INTRAOPERATIVE NEUROMONITORING MARKET SEGMENTATION
By Product
By Source
By Modality
By Application
By End User
By Country
Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 1,029.17 Million |
| Market Size by 2027 | US$ 1,874.02 Million |
| CAGR (2019 - 2027) | 7.9% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Product
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
|
The North America Intraoperative Neuromonitoring Market is valued at US$ 1,029.17 Million in 2019, it is projected to reach US$ 1,874.02 Million by 2027.
As per our report North America Intraoperative Neuromonitoring Market, the market size is valued at US$ 1,029.17 Million in 2019, projecting it to reach US$ 1,874.02 Million by 2027. This translates to a CAGR of approximately 7.9% during the forecast period.
The North America Intraoperative Neuromonitoring Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Intraoperative Neuromonitoring Market report:
The North America Intraoperative Neuromonitoring Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Intraoperative Neuromonitoring Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Intraoperative Neuromonitoring Market value chain can benefit from the information contained in a comprehensive market report.
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