WASHINGTON, Nov. 18, 2021 (GLOBE NEWSWIRE) -- The global intraoperative neuromonitoring (IONM) market size is expected to reach USD 9.03 Billion by 2028, exhibiting a CAGR of 6.9% during the forecast period, owing to the high importance on patient safety, increase in surgical procedures, and technological advancement are bolstering the growth of IONM market during the projected period. In addition, rising incomes and living standards will demand the good healthcare facility, thus increases the demand for neuromonitoring systems in the near future, states Vantage Market Research, in a report, titled “Intraoperative Neuromonitoring (IONM) Market by Products & Services (Systems, Accessories, Services) by Source Type (Insourced Monitoring, Outsourced Monitoring) by Application (Spinal Surgery, Neurosurgery, Vascular Surgery, ENT Surgery, Orthopaedic Surgery) , by Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa): Global Market Assessment, 2021 – 2028.” The market size stood at USD 1.6 Billion in 2020.

The COVID-19 outbreak has affected various industries worldwide. The Intraoperative Neuromonitoring (IONM) Market had a positive impact. Governments across the world took severe actions like border seals, lockdown, and implementing strict social distancing measures, in order to stop swift spread of COVID-19. These actions led to severe impact on the global economy impairing various industries. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends of the market for all the regions and countries based on the following data-points:

  1. Impact Assessment of COVID-19 Pandemic
  2. Long Term Dynamics
  3. Short Term Dynamics
  4. Key Strategies Undertaken by Companies to Tackle COVID-19

The report on Intraoperative Neuromonitoring (IONM) Market highlights:

Market Overview:

Increasing demand in Number of Complex & Critical Surgeries, Awareness about the Clinical Benefits Parotid Surgeries, Orthopaedic Trauma Surgeries, Head & Neck Surgeries, and Neurosurgery, to Drive Market Growth

Get Free Sample of Report Intraoperative Neuromonitoring (IONM) Market with [COVID19 IMPACT] @ https://www.vantagemarketresearch.com/industry-report/intraoperative-neuromonitoring-ionm-market-0202

Nerve monitoring devices are used to provide an electrical impulse to identify muscle or nerves for nerve integrity. In addition, various strategies are used by nerve stimulation which includes orthopaedic trauma surgeries, neurosurgery, parotid surgeries, and head & neck surgeries. This in turns boost the market growth of Intraoperative Neuromonitoring (IONM) Market. Factors such as rise in demand for number of complex & critical surgeries, awareness about the clinical benefits parotid surgeries, orthopaedic trauma surgeries, head & neck surgeries, and neurosurgery drive the market growth. The Intraoperative Neuromonitoring (IONM) Market is driven by the factors, such as increasing awareness about the clinical benefits, ongoing technological advancements, and increasing spinal cord injuries across the globe are driving the market growth of Intraoperative Neuromonitoring (IONM) Market. Asia-Pacific is expected to account for a significant share in the market.

Download Report Sample PDF @ https://www.vantagemarketresearch.com/industry-report/intraoperative-neuromonitoring-ionm-market-0202/request-sample

List of Prominent Players in the Intraoperative Neuromonitoring (IONM) Market:

Sr. No.CompaniesHEADQUARTERS
1.Computational Diagnostics Inc.Pittsburg, U.S.
2.Inomed Medizintechnik GmbHmmendingen, Germany
3.Neuro AlertWhite Planis, New york, U.S.
4.Medtronic PLCDublin, Ireland
5.Natus Medical IncorporatedOrlando, U.S.
6.Neuro StyleCentral Singapore, Singapore
7.Nihon Kohden CorporationShinjuku City, Tokyo, Japan
8.Nuvasive Inc.San Diego, California, United States
9.Specialty Care Inc.Brentwood, U.S.
10.TechnomedMaastricht, Netherlands

Recent Developments in the Industry:

1. On Oct 2021, NuVasive announced the launch of the Cohere® TLIF-O implant and upcoming launch of the Cohere TLIF-A implant planned for later in the fourth quarter. NuVasive is the only company to offer both porous PEEK and porous titanium implants for posterior spine surgery.

2. On July 2018, NuVasive Inc. accepted 510(k) clearance of the Pulse™ surgical automation platform from FDA. This amalgamates multiple intraoperative technologies through an intuitive guided surgical workflow within a single device.

This market titled “Intraoperative Neuromonitoring (IONM) Market” will cover exclusive information in terms of Geographic Segmentation, Regional Analysis, Forecast, Quantitative Date – Units, Key Market Trends, and various others as mentioned below:

Report AttributeDetails
Base Year2020
Historic Years2016 - 2019
Forecast Years2021 - 2028
Segments Covered
  • Type
    • Outsource Monitoring
    • Insource Monitoring
  • Application
    • Spinal Surgery
    • ENT Surgery
    • Vascular Surgery
    • Orthopaedic Surgery
    • Neurosurgery
    • Other Applications
  • End User
    • Hospitals
    • Ambulatory Surgical Centers
Quantitative Data - UnitsRevenue in USD Million/Billion
Regions CoveredNorth America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries CoveredU.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Industry DynamicsMarket growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.

The report on Intraoperative Neuromonitoring (IONM) Market highlights:

Table of Content –

  1. Chapter No. 1: Introduction
    1. Report Scope
    2. Objectives of the Study
    3. USP & Key Offerings
    4. Target Audience
    5. Vantage Market Research Report Guidance/Walk-through
  2. Chapter No. 2: Premium Insights
    1. Market Snapshot
    2. Top Investment Pockets
      1. Market Attractiveness Analysis, By Products & Services
      2. Market Attractiveness Analysis, By Source Type
      3. Market Attractiveness Analysis, By Application
      4. Market Attractiveness Analysis, By North America
    3. Insights from Primary Respondents
  3. Chapter No. 3: Key Market Dynamics
    1. Introduction
    2. Market Drivers
    3. Market Restraints
    4. Market Opportunities
    5. Porter’s Five Forces Analysis
    6. PEST Analysis
    7. Regulatory Landscape
    8. Technology Landscape
    9. Regional Market Trends
    10. Pricing Analysis
    11. Patent Analysis
    12. Value Chain Analysis
    13. Downstream Buyers
    14. Distributors/Traders List
  4. Chapter No. 4: Competitive Landscape
    1. Competition Matrix – 2020
    2. Company Market Share Analysis – 2020
      1. Company Market Share, 2020
      2. Company Market Revenue, 2017 – 2020 (USD Million)
      3. Company Y-o-Y Growth, 2018 – 2020 (%)
    3. Strategic Developments
      1. Acquisitions & Mergers
      2. New Product Launch
      3. New Product Launch
    4. New Product Launch

TOC Continued….

Related Research Reports Studies :-

COVID-19 IMPACT ANALYSIS: Microsurgery Market

COVID-19 IMPACT ANALYSIS: Limb Protectors Market

COVID-19 IMPACT ANALYSIS: Allergic Rhinitis Drugs Market

COVID-19 IMPACT ANALYSIS: Sickle Cell Disease Diagnosis Market

About Us:

We, at Vantage Market Research, provide quantified B2B high quality research on more than 20,000 emerging markets, in turn, helping our clients map out constellation of opportunities for their businesses. We, as a competitive intelligence market research and consulting firm provide end to end solutions to our client enterprises to meet their crucial business objectives. Our clientele base spans across 70% of Global Fortune 500 companies. The company provides high quality data and market research services. The company serves various enterprises and clients in a wide variety of industries. The company offers detailed reports on multiple industries including Chemical Materials and Energy, Food and Beverages, Healthcare Technology, etc. The company’s experienced team of Analysts, Researchers, and Consultants use proprietary data sources and numerous statistical tools and techniques to gather and analyse information.

Contact us

Eric Kunz

6218 Georgia Avenue NW Ste 1 - 564

Washington DC 20011-5125

United States Tel: +1 202 380 9727

Latest Vantage Market Research Press Releases @ https://www.vantagemarketresearch.com/insight/press-releases

Latest Vantage Market Research Blog @ https://www.vantagemarketresearch.com/insight/blogs