Global Intraoperative Neuromonitoring Market 2018-2022
About Intraoperative Neuromonitoring
Intraoperative neuromonitoring (IONM) minimizes errors and risks during surgeries by providing critical neurophysiological information to the surgeon in real time. It assesses the functional integrity of the patient’s nervous system during surgery, helps prevent permanent damage to the critical neural structures, and reduces the potential post-operative complications.
Technavio’s analysts forecast the Global Intraoperative Neuromonitoring Market to grow at a CAGR of 9.24% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the intraoperative neuromonitoring market. To calculate the market size, the report considers the revenue generated by the application of intraoperative neuromonitoring across the globe.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report - Global Intraoperative Neuromonitoring Market 2018-2022
Technavio recognizes the following companies as the key players in the global intraoperative neuromonitoring market: Cadwell Industries, Computational Diagnostics, Medtronic, Natus Medical, NuVasive, and SpecialtyCare.
Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is the emergence of portable IONM. Vendors in the market are offering compact, mobile, and uniquely designed portable IONM systems.”
According to the report, one driver influencing this market is the growing volume of surgeries. The increasing number of surgeries will drive the growth of the intraoperative neuromonitoring market over the next few years.
Further, the report states that one challenge affecting this market is the high cost of devices and services. The high cost of IONM devices and services is restraining the growth of the global IONM market.