DUBLIN--(BUSINESS WIRE)--The "Global Intraoperative Neuromonitoring Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 to 2025" report has been added to ResearchAndMarkets.com's offering.
The global intraoperative neuromonitoring market was valued at US$ 4.01 billion in 2016, and is expected to reach US$ 6.12 billion by 2025, expanding at a CAGR of 4.7% from 2017 to 2025.
The intraoperative neuromonitor has enormous value in medical industry in terms of patient safety. With the changing perspective of medical technology, the adoption of such devices is increasing and assumed to see substantial growth in future. The assessment of neuronal function during surgical intervention is of higher importance to avoid the further complications caused by damage or injury of nervous system. Prevention of permanent damage of neuronal system is vital to circumvent the paralysis, muscle weakness, hearing loss or further serious complications.
Increasing prevalence of neurological disorder, rising awareness of patient safety, growing neurological centers are the major drivers of the intraoperative neuromonitoring market. The increasing adoption of technologically advanced procedures, healthcare expenditure for R&D to manufacture newer and innovative technologies, favorable reimbursement policies boost up the growth of intraoperative neuromonitor market. However, the lack of appropriate skilled health professional and lack of awareness in developing countries are few major challenges associated with the intraoperative neuromonitoring market.
Key Market Movements
- The rising prevalence of neurological disorder, increasing awareness of patient safety, growing neurological centers, increasing adoption of technologically advanced procedures, healthcare expenditure for R&D to manufacture newer and innovative technologies, favorable reimbursement policies boost up the growth of intraoperative neuromonitor market.
- Insufficiency of skilled healthcare professional is one of the restraining factor of the intraoperative neuromonitor market.
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Global Intraoperative Neuromonitoring Market Analysis
Chapter 4 Global Intraoperative Neuromonitoring Market Analysis, by Source Type
Chapter 5 Global Intraoperative Neuromonitoring Market Analysis, by Application Type
Chapter 6 Global Intraoperative Neuromonitoring Market, by Geography
Chapter 7 Company Profiles
- Computational Diagnostics, Inc.
- NuVasive, Inc.
- Inomed Medizintechnik GmbH
- Accurate Monitoring LLC
- Nihon Kohden Corporation
- Moberg Research, Inc.
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