Nerve Monitoring System Market worth 1.45 Billion USD by 2022
According
to the new market research report "Nerve
Monitoring System Market by Product (Nerve Monitor,
Electrode, Probe, Accessories), Technology (EEG, EMG, EP, ECOG), Application
(Neurosurgery, ENT Surgery, Spine Surgery, Cardiovascular Surgery), End User
(Hospital, ASC) - Global Forecasts to 2022", published by MarketsandMarkets™, The Global Nerve Monitoring System Market is projected to reach
USD 1.45 Billion by 2022 from USD 1.14 Billion in 2017, at a CAGR of 4.9%
during the forecast period.
Based on the technology, the
electromyography segment is expected to register highest growth rate during the
forecast period
Based on technology, the nerve monitoring
system market is divided into electroencephalography, electromyography,
electrocorticography and evoked potential. Among these segments,
electromyography is expected to grow at the highest CAGR during the forecast
period. Growing availability of reimbursements for EMG-assisted surgical
procedures in developed countries, significant use of EMG nerve monitoring for
intraoperative applications, and technological advancements in the field are
expected to drive the growth of the electromyography segment in the next five
years.
Based on application, neurosurgery is estimated
to be the largest segment of the market in 2017.
The nerve monitoring system market is
segmented by application into cardiovascular, neurosurgery, spine surgery, ENT
surgery, and other applications. The neurosurgery segment is expected to have
the largest share in the nerve monitoring system market in 2017, owing to
increasing number of patients suffering from neurological disorders.
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Nerve Monitoring System Market
177 – Tables
32 – Figures
182 - Pages
Report @TOC - https://www.marketsandmarkets.com/Market-Reports/nerve-monitoring-system-market-155669000.html
Based on end
users, the hospitals
and surgical centers segment is expected to register fastest growth
rate in the forecast period
The nerve monitoring system market is
segmented into hospitals and surgical centers and ambulatory
surgical centers segment. The hospitals and surgical centers is projected to be
the fastest-growing end-user segment due to increasing number of complex
surgical procedures, and rising number of diagnostic and surgical procedures
carried out at hospitals.
North America accounted for
the largest share of the nerve monitoring system market
Geographically, the nerve monitoring
system market is segmented into North America, Europe, Asia, and the Rest of
the World. North America is estimated to account for the largest share of the
market in 2017, which is driven by the presence of a large patient population
accompanied by a well-established medical reimbursement policy.
Market Players
The major players of the nerve monitoring system market are Medtronic
(Ireland), NuVasive (US), Nihon Kohden (Japan), Bovie Medical (US), and Natus
Medical (US), Checkpoint Surgical (US), Magstim (UK), Inomed (Germany), Erbe
Elektromedizin (Germany), Dr. Langer Medical (Germany), EMS Handels (Austria),
Neurovision Medical (US), and Halyard Health (Georgia).
Adjacent Markets
Report Available - Request for bundle reports:
https://www.marketsandmarkets.com/RequestBundleReport.asp?id=155669000
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