Global Intraoperative Neuromonitoring Market to be Worth USD 2,759.39 Million by 2021: Technavio

Technavio has published a new report on the global intraoperative neuromonitoring (IONM) market from 2017-2021. (Graphic: Business Wire)

LONDON--()--According to the latest market study released by Technavio, the global intraoperative neuromonitoring (IONM) market is projected to grow to USD 2,759.39 million by 2021, at a CAGR of close to 9% over the forecast period.

This research report titled ‘Global Intraoperative Neuromonitoring Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions.

 
Intraoperative neuromonitoring is required for neurosurgery, spinal surgery, cardiovascular surgery, ENT surgery, and orthopedic surgery. The growing technological advances in IONM devices due to increased R&D efforts by various market players is acting as a key factor impacting the growth of the market.

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Based on methodology, the report categorizes the global intraoperative neuromonitoring market into the following segments:

  • Electrophysiological (EP) monitoring
  • Electroencephalogram (EEG)
  • Electromyography (EMG)

Electrophysiological (EP) monitoring

EP is an electrical signal generated by the nervous system. EP monitoring includes SEP monitoring and TcMEP monitoring. These two together account for the generation of more than 73% of the overall market revenue,” says Barath Palada, a lead analyst at Technavio for patient monitoring devices research.

SEP monitoring is used to record the responses of the sensory pathways to an electrical stimuli to evaluate the functional integrity of the central nervous system (CNS) pathways during surgery. Whereas, transcranial (Tc) MEP monitoring is used to measure the neuroelectric signals from the spinal cord and peripheral muscles to limit the risk and severity of a neurosurgical injury.

Electroencephalogram (EEG)

Electroencephalograms are used to detect anomalies in the brain by monitoring and analyzing its electrical activity. It was initially used to ensure the safety of the patients during carotid endarterectomy and cardiopulmonary bypass by monitoring and tracking patterns to evaluate cortical structures. Currently, EEGs are used as a monitoring and mapping tool to detect early dysfunction, intraoperative monitoring during carotid endarterectomy, during aneurysm repair when carotid clamping is needed, and during a hypothermic circulatory arrest for cardiac surgery.

Electromyography (EMG)

EMG monitoring is used to detect the electrical potential of muscle cells when they are neurologically or electrically activated. It enhances the safety of procedures such as cranial nerve surgeries, peripheral nerve surgeries, and spinal nerve root surgeries,” says Barath.

EMG monitoring can detect nerve damage, additional traction, and other impairments in peripheral nerves during surgeries. The commonly used EMG techniques include stimulated EMG, free-running EMG, and nerve conduction studies (NCS). Surgeons use EMG to screen, guide, and save the integrity of the nervous system and cranial nerves.

The top vendors highlighted by Technavio’s research analysts in this report are:

  • Cadwell
  • Computational Diagnostics
  • Medtronic
  • Natus Medical
  • NuVasive
  • SpecialtyCare
  • Sentient Medical Systems

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About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, resellers, and end-users.

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com

Release Summary

According to the latest market study released by Technavio, the global intraoperative neuromonitoring (IONM) market is projected to grow to USD 2,759.39 million by 2021, at a CAGR of close to 9%.

$Cashtags

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com