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Nerve Monitoring System Market Size & Analysis – Forecasts To 2025

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Title: Nerve Monitoring System Market Size & Analysis – Forecasts To 2025


1
GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Ankita Roy, Treesha Banerjee and
Liza Dsouza from Global Market Estimates throw
the spotlight on the growing Nerve Monitoring
System Market. Market Insights The global nerve
monitoring system market is expected to grow at a
CAGR of about 4 over the forecast period. This
growth is mainly attributed to rising patient
population. Along with this, growing use of
nerve monitoring systems especially in trauma
cases coupled with its clinical benefits is also
likely to stimulate the market. Moreover
increasing government support along with growing
awareness towards neurodegenerative disorders is
expected to augment market growth over the coming
years. However, unfavorable reimbursement
policies along with lack of skilled personnel are
anticipated to affect the profitability of the
market.
Nerve Monitoring System Market Product
Insights On the basis of product, the industry
is segmented into nerve monitor, nerve
stimulation electrode probe, and accessories.
The market for nerve stimulation electrode
probe is expected to occupy the highest share
owing to growing awareness about benefits of
nerve monitoring system. Along with this, rising
incidence of spinal cord injuries coupled with
other complex surgeries is also likely to boost
the market.
2
GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Nerve Monitoring System Market
Technology Insights By technology, the industry
is segmented into electromyography, evoked
potential, electroencephalography, and
electrocorticography. The electromyography
segment is anticipated to grow at a significant
rate over the forecast period as it helps in
tracking, recording and analyzing electrical
activities of skeletal muscles. Moreover,
benefits associated with electrocorticography
such as better accuracy in magnetic imaging than
MRI is likely to foster market growth. The
electroencephalography segment is also projected
to grow significantly over the years owing to
factors such as high accuracy and rising clinical
application in neurological diseases. Nerve
Monitoring System Market Vertical Insights On
the basis of vertical, the market is segmented
into hospitals surgical centers and ambulatory
surgical centers. Out of these, hospitals
surgical centers segment is anticipated to record
the highest growth over the forecast period on
account of increasing number of surgeries and
diagnostic procedures. Along with this, growing
number of hospitals surgical centers in Asia
Pacific and Europe is projected to favor the
sector. Nerve Monitoring System Market
Application Insights Nerve monitoring system
finds its application in neurosurgery, ENT
surgery, spine surgery and cardiovascular
surgery among others. The ENT surgery segment is
anticipated to dominate the market over the
forecast period owing to increasing number of ENT
surgeries globally and rising clinical data
application of nerve monitoring procedure for
thyroid surgeries. Nerve Monitoring System
Market Regional Insights North America occupied
the largest share of this market in 2016. The
regional growth is attributed to growing number
of clinical trials which has led to the increased
demand of nerve monitoring system. Asia Pacific
is also expected to emerge as a key revenue
generating region. This can be associated with
growing healthcare industry and increasing
disposable income across the region.
3
GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
Nerve Monitoring System Market Vendor
Landscape The report contains a chapter
dedicated to vendors operating in the market,
covering raw material manufactures, equipment
developers, manufacturers, and distributors. The
report provides these insights on a regional
level. This section of the report entails contact
details, experience, products manufactured/suppli
ed, and geographical presence of
companies. Nerve Monitoring System Market
End-Use Landscape The end-use landscape entails
a list of current and prospective consumers
prevailing across the regions. This section
provides company addresses, contact details,
products, and regional presence of companies who
are purchasing or are likely to purchase nerve
monitoring system over the coming years. Some
leading consumers of this market are UnitedHealth
Group, Medtronic, Thermo Fisher Scientific and
Cigna. Nerve Monitoring System Market Market
Share Competitor Analysis The global market
for this product is expected to be significantly
large due to the presence of numerous
manufacturers. The key players include Checkpoint
Surgical, NuVasive, Nihon Kohden, Natus Medical,
Magstim, Erbe Elektromedizin, Dr. Langer Medical,
Halyard Health, EMS Handels, Bovie Medical,
Neurovision Medical, and Inomed. In September
2017, Natus Medical Incorporated entered into an
agreement with Integra LifeSciences Holdings
Corporation to expand its product line.
4
  • GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
  • The report segments the Nerve Monitoring System
    Market on the basis of By Product
  • Nerve Monitor
  • Nerve Stimulation Electrode Probe
  • Accessories
  • By Technology
  • Electromyography
  • Evoked Potential
  • Electroencephalography
  • Electrocorticography
  • By Vertical
  • Hospitals Surgical Centers
  • Ambulatory Surgical Centers

5
GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
  • By Region
  • North America
  • Europe
  • Asia Pacific
  • Central South America
  • Middle East Africa
  • This article contains text from the Nerve
    Monitoring System Market report prepared by
    Global Market Estimates. For more information or
    to buy the report, please visit
    https//www.globalmarketestimates.com/nerve-monito
    ring-system-market/
  • Check our annual research partnership service
    at
  • https//www.globalmarketestimates.com/annual-resea
    rch-partnership-services/
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