Neuro Monitoring System Market Size 2022-2032 | By Medtronic, Natus Medical, NuVasive, SpecialityCare

The Neuro Monitoring System is a technique that is expected to reduce the risk of neurological defects following nervous system surgeries. The Neuro monitoring system has evolved as it records electrical potentials from the nervous system during surgical procedures. The use of neuro monitoring systems has reduced the likelihood of muscle weakness, hearing loss, and paralysis. During a spinal surgery, the neuro monitoring system provides immediate feedback, increasing safety and improving outcomes.

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The neuro monitoring system measures activity in terms of electrically evoked nerve signals. Neuromonitoring systems monitor neural structures such as nerves, parts of the brain, and the spinal cord using methods such as electromyography (EMG), electroencephalography (EEG), and evoked potentials. The neuro monitoring system’s purpose is to further reduce the risk of nervous system damage.

Neuro monitoring system: Drivers and Restraints

The use of neuromonitoring systems is convenient for detecting injuries before they become severe. The neuro monitoring system market is being driven by an ageing population, an increase in chronic diseases, and an increase in the number of surgeries and procedures. Increased physician awareness of the benefits of neuromonitoring systems is also expected to drive the neuro monitoring system market. Neuro monitoring systems are used to assist and evaluate nerve and muscle functions.

The neuro monitoring system evaluates the proper placement of screws in surgeries, lowering the risk of nerve intrusion even further. In addition, neuro monitoring systems monitor the parts of the spinal cord that help detect sensory changes in the body. The test detects changes caused by ischemia, a lack of blood supply to the limbs, and mechanical manipulations. MEP and other neuro monitoring devices can be used to access motor functions, damage and injury to the spinal cord, and to verify the pathway. These factors are expected to boost the market for neuro monitoring system devices. With continued investment, the Neuromonitoring system Market offers potential and a strong perception in the future.

Neuro-monitoring system: Regional Outlook

North America (United States) is expected to be the leading region in the global Neuromonitoring system market, followed by Europe, due to an increasing percentage of the region’s elderly population suffering from chronic diseases and strict regulations for patient safety. Because of the growing number of patients suffering from spinal injuries, the Asia Pacific market for neuromonitoring systems is expected to grow at a rapid pace. Furthermore, government initiatives in the region aimed at improving healthcare facilities for the population contribute to the expansion of the Neuromonitoring system. Manufacturers are expanding their business through acquisitions, which is expected to grow the Neuromonitoring systems.

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Neuro monitoring system Market: Key Players

Examples of some of the key players identified in the global Neuromonitoring system Market Inomed Medizintechnik GmbH, Accurate Monitoring, Neuromonitoring Technologies, Medtronic, Natus Medical Incorporated, NuVasive Inc., Biotronic NeuroNetwork Sentient Medical Systems, and SpecialityCare, AXIS Neuromonitoring, LLC, among others.  The companies are involved in partnerships for R&D in order to exploit maximum potential. Also, they are majorly focusing on strengthening the core skills of their product portfolio.

Many companies such as NuVasive, Inc. acquired SafePassage to further expand its neuromonitoring business

Key data points covered in report

The report covers exhaustive analysis on:

• Neuromonitoring system Market by types of hypersomnia, Treatment type, distribution channel and region
• Regional level market analysis of North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Middle East & Africa by end user and country segments
• Neuromonitoring system Market Dynamics & Opportunity Assessment
• Historical Actual Market Size, 2013 – 2017
• Neuromonitoring system Market system market Size & Forecast 2018-2028
• Neuromonitoring system Market Current Trends/Issues/Challenges
• Competition & Companies involved

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Neuro monitoring system Market: Segmentation

Tentatively, the global Neuromonitoring system Market can be segmented on the basis of types of hypersomnia, treatment Type, distribution channel and geography.

Based on types of Neuro-monitoring, the global Neuromonitoring system Market is segmented as:

• Sub-sensory evoked potentials
• Motor-sensory evoked potentials
• Brainstem auditory evoked potentials (BAEP)
• Visual evoked potentials (VEP)
• Somatosensory-evoked potentials (SSEP)
• Mapping for motor-cortex

Based on Application, the global Neuromonitoring system Market is segmented as:

• Spine surgery
• Vascular surgery
• Orthopedic surgery
• ENT surgery

Based on End Users, the global Neuromonitoring system Market is segmented as:

• Hospitals
• Diagnostic Labs
• Ambulatory surgical centers
• Outpatient Clinics

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Report Highlights:

• Shifting Industry dynamics
• In-depth Neuromonitoring system market segmentation
• Historical, current and projected industry size Recent industry trends
• Key Competition landscape, market structure, regulatory scenario
• Epidemiology outlook for diseases
• Economical spending, regional healthcare outlook, consumer healthcare expenditure
• Availability of device, cost of the test, specificity and sensitivity
• Strategies for key players and product offerings, Channel strategies, regional foot print, channel footprint
• Potential and niche segments/regions exhibiting promising growth
• A neutral perspective towards market performance in terms of value

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