Global Nerve Monitoring Systems Market

July 2021 | 107 pages | ID: GC673199FB77EN
BCC Research

Abstracts

Report Scope

The current report offers a comprehensive picture of the global market for nerve monitoring systems. The scope of the study also includes nerve monitoring equipment, accessories and electrodes used during the perioperative period for neurophysiological monitoring. The report excludes the revenue of neurodiagnostic tests.

The report discusses the current and future market potential of nerve monitors. It offers a detailed analysis of the competitive environment, regulatory scenario, market dynamics, current and future market forecasts through 2026.

The report details market shares of nerve monitors based on technology, application and geography.

Based on technology, the market is segmented into -

• Evoked Potential (which includes Somatosensory
• Evoked Potential [SSEP]);
• Transcranial Motor Evoked Potentials (TcMEP);
• Brainstem Auditory Evoked Potential (BAEP);
• Visual Evoked Potentials (VEP);
• Electromyography (EMG);
• Electroencephalography (EEG)

By application, the market is segmented into -

• Neural applications
• Orthopedic applications
• ENT applications
• Cardiovascular applications
• Others.

By geography, the market has been segmented into -

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa.

Coverage of regional segments includes detailed analyses of the U.S., Canada, Germany, U.K., France, Spain, Italy, Japan, China and India. For market estimates, data is provided for the year 2020 as the base year and forecast through year-end 2026. Estimated values used are based on manufacturers’ total revenues and estimated revenue of specified products. Projected and forecasted revenue values are in constant U.S. dollars that have not been adjusted for inflation.

Report Includes

• 26 data tables and 20 additional tables
• A brief general outlook of the global markets for nerve monitoring systems and related market segments
• Analyses of the global market trends, with historic data from 2019 and 2020, market estimation for 2021-2025, and projections of compound annual growth rates (CAGRs) through 2026
• Detailed review of the current market scenario for antihypertensive drugs and the future direction of this nerve monitors market
• Estimation of the market size and revenue forecast for nerve monitors, and their corresponding market share analysis by technology, application and geography
• Highlights of clinical overview for nervous system and neurophysiology, and information on clinical applications and advantages of intraoperative neuromonitoring (IONM) within the ecosystem
• Country specific data and analysis for the U.S., Canada, Germany, U.K., France, Italy, Spain, Australia, India, China and Japan
• Discussion of key market dynamics (DROs) for nerve monitoring systems, market regulations, reimbursement scenario in relation to nerve monitoring during surgical interventions, and regulatory framework for medical devices in select geographies
• Impact of COVID-19 on the progress of nerve monitors market, and information pertaining to pandemic implications on overall medical devices industry
• Insight into the growth development strategies of the key nerve monitors players operating within the global market; their key competitive landscape and company share analysis
• Company profiles descriptions of the leading market participants, including Cadwell Industries, Dr. Langer Medical, Inomed, Medtronic PLC, Neurovision Medical and NuVasive

Contents

CHAPTER 1 INTRODUCTION

Study Goals and Objectives
Scope of Report
Information Sources
Methodology
Geographic Breakdown
Analyst’s Credentials
BCC Custom Research
Related BCC Reports

CHAPTER 2 SUMMARY AND HIGHLIGHTS

CHAPTER 3 CLINICAL OVERVIEW

Nervous System and Neurophysiology Overview
Outlook on Clinical Applications and Advantages of Nerve Monitoring

CHAPTER 4 MARKET DYNAMICS

Market Drivers
Growing Surgical Volumes and Rising Usage Rates of Nerve Monitoring Systems
Increasing Demand for Tele-Neuromonitoring
Emergence of Multi-Modal and Portable Monitors
Market Restraints
Low Awareness and Lack of Neurophysiologists in Emerging Nations
High Cost of Equipment and IONM Surgeries
Neurophysiological Monitoring Complications and Limitations

CHAPTER 5 REGULATORY SCENARIO

U.S.
Medical Equipment Classification
Europe
Classification of Medical Devices in Europe

CHAPTER 6 REIMBURSEMENT SCENARIO

U.S.
Reimbursement Coverage for Intraoperative Neuromonitoring Procedures
Europe
U.K.
Germany
France
Italy
Spain

CHAPTER 7 MARKET IMPACT OF COVID-19 PANDEMIC

Introduction
Severity of the Disease
COVID-19 Impact on the Nerve Monitoring Industry
Momentary Halt in Product Manufacturing
Delay in Elective Surgical Procedures
Trade Restrictions and Supply Disruptions

CHAPTER 8 MARKET BREAKDOWN BY TECHNOLOGY

Global Market for Nerve Monitoring Systems
Evoked Potential
EP Market Size and Forecast
Electromyography (EMG)
EMG Market Size and Forecast
Electroencephalogram (EEG)
EEG Market Size and Forecast

CHAPTER 9 MARKET BREAKDOWN BY APPLICATION

Neural Applications
Orthopedic Applications
Otolaryngological Applications
Cardiovascular Applications

CHAPTER 10 MARKET BREAKDOWN BY REGION

North America
North American Market by Country
Europe
European Market by Country
Asia-Pacific
Asia-Pacific Market by Country
Latin America
Market Size and Forecast
Cumulative Country Market Analysis
Middle East and Africa
Market Size and Forecast
Cumulative Country Market Analysis

CHAPTER 11 COMPETITIVE LANDSCAPE

Global Market Share Analysis
Competitive Strategies of Key Players

CHAPTER 12 COMPANY PROFILES

CADWELL INDUSTRIES INC.
DR. LANGER MEDICAL GMBH
INOMED MEDIZINTECHNIK GMBH (INOMED)
MEDTRONIC PLC
NATUS MEDICAL INC.
NEUROSIGN
NEUROVISION MEDICAL PRODUCTS
NIHON KOHDEN
NUVASIVE

List Of Tables

LIST OF TABLES

Summary Table: Global Market for Nerve Monitoring Systems, by Region, Through 2026
Table 1: U.S. National Inpatient Stays, by Surgery Type, 2018
Table 2: Benefits of Tele Neuromonitoring Over Traditional Techniques
Table 3: Key Commercial Portable and Multi-Modal Nerve Monitoring Systems
Table 4: Key Limitations of Neurophysiological Monitoring Modalities
Table 5: Select European Countries: Medical Equipment Regulations
Table 6: Key Federal Health Insurance Programs in the U.S
Table 7: Primary CPT Codes for Intraoperative Neuromonitoring Procedures, 2019
Table 8: Global Market for Nerve Monitoring Systems, by Technology, Through 2026
Table 9: Selected Key SSEP-Indicated Surgeries
Table 10: Selected Key MEP-Indicated Surgeries
Table 11: Global Market for Evoked Potential Monitoring, by Region, Through 2025
Table 12: Selected Key EMG-Indicated Surgeries
Table 13: Global Market for EMG, by Region, Through 2025
Table 14: Global Market for EEG, by Region, Through 2025
Table 15: Global Market for Nerve Monitoring Systems, by Application, Through 2026
Table 16: Global Market for Nerve Monitoring Systems in Neural Applications, by Region, Through 2026
Table 17: Global Market for Nerve Monitoring Systems in Orthopedic Applications, by Region, Through 2026
Table 18: Global Market for Nerve Monitoring Systems in ENT Applications, by Region, Through 2026
Table 19: Global Market for Nerve Monitoring Systems in Cardiovascular Applications, by Region, Through 2026
Table 20: Global Market for Nerve Monitoring Systems, by Region, Through 2026
Table 21: North American Market for Nerve Monitoring Systems, by Technology, Through 2026
Table 22: North American Market for Nerve Monitoring Systems, by Application, Through 2026
Table 23: North American Market for Nerve Monitoring Systems, by Country, Through 2026
Table 24: European Market for Nerve Monitoring Systems, by Technology, Through 2026
Table 25: European Market for Nerve Monitoring Systems, by Application, Through 2026
Table 26: European Market for Nerve Monitoring Systems, by Country, Through 2026
Table 27: Asia-Pacific Market for Nerve Monitoring Systems, by Technology, Through 2026
Table 28: Asia-Pacific Market for Nerve Monitoring Systems, by Application, Through 2026
Table 29: Asia-Pacific Market for Nerve Monitoring Systems, by Country, Through 2026
Table 30: Latin American Market for Nerve Monitoring Systems, by Technology, Through 2026
Table 31: Latin American Market for Nerve Monitoring Systems, by Application, Through 2026
Table 32: Latin American Market for Nerve Monitoring Systems, by Country, Through 2026
Table 33: Middle Eastern & African Market for Nerve Monitoring Systems, by Technology, Through 2026
Table 34: Middle Eastern & African Market for Nerve Monitoring Systems, by Application, Through 2026
Table 35: Global Market Share for Nerve Monitoring Systems, by Company, 2020
Table 36: Cadwell Industries: Nerve Monitors Product Portfolio
Table 37: Dr. Langer Medical: Key Nerve Monitors Product Portfolio
Table 38: Inomed: Key Nerve Monitors Product Portfolio
Table 39: Medtronic PLC: Products and Solutions
Table 40: Medtronic: Nerve Monitors Key Products Portfolio
Table 41: Natus Medical: Nerve Monitors Key Products Portfolio
Table 42: Neurosign: Key Nerve Monitors Product Portfolio
Table 43: Neurovision Medical: Key Nerve Monitors Product Portfolio
Table 44: Nihon Kohden: Product Information
Table 45: NuVasive: Product Information

List Of Figures

LIST OF FIGURES

Summary Figure: Global Market Shares of Nerve Monitoring Systems, by Region, 2020
Figure 1: Medical Equipment Regulatory Mandates, U.S.
Figure 2: Medical Equipment Regulatory Approval Snapshot in the U.S
Figure 3: European Medical Equipment Classification
Figure 4: European Medical Equipment Regulations
Figure 5: Global Market Shares of Nerve Monitoring Systems, by Technology, 2020
Figure 6: Global Market for Evoked Potential Monitoring, 2019-2026
Figure 7: Global Market for EMG, 2019-2026
Figure 8: Global Market for EEG, 2019-2026
Figure 9: Global Market Shares of Nerve Monitoring Systems, by Application, 2020
Figure 10: Global Incidence of Brain and Nervous System Tumors, by Gender, 2020-2040
Figure 11: Global Market for Nerve Monitoring Systems in Neural Applications, 2019-2026
Figure 12: Hip Replacement Surgical Procedures, by Country, 2015-2019
Figure 13: Global Market for Nerve Monitoring Systems in Orthopedic Applications, 2019-2026
Figure 14: Incidence of Thyroid Cancer, by Gender, 2012-2025
Figure 15: Global Market for Nerve Monitoring Systems in ENT Applications, 2019-2026
Figure 16: Coronary Artery Bypass Graft Surgical Procedures, by Country, 2015-2019
Figure 17: Global Market for Nerve Monitoring Systems in Cardiovascular Applications, 2019-2026
Figure 18: Global Market Shares of Nerve Monitoring Systems, by Region, 2020
Figure 19: North American Market Shares of Nerve Monitoring Systems, by Technology, 2020
Figure 20: North American Market Shares of Nerve Monitoring Systems, by Application, 2020
Figure 21: North American Market Shares of Nerve Monitoring Systems, by Country, 2020
Figure 22: U.S. Market for Nerve Monitoring Systems, 2019-2026
Figure 23: Canadian Market for Nerve Monitoring Systems, 2019-2026
Figure 24: European Market Shares of Nerve Monitoring Systems, by Technology, 2020
Figure 25: European Market Shares of Nerve Monitoring Systems, by Application, 2020
Figure 26: European Market Shares of Nerve Monitoring Systems, by Country, 2020
Figure 27: German Market for Nerve Monitoring Systems, 2019-2026
Figure 28: Select Surgical Procedures Volume in Germany, 2014-2018
Figure 29: U.K Market for Nerve Monitoring Systems, 2019-2026
Figure 30: Market for Nerve Monitoring Systems in France, Italy and Spain, 2019-2026
Figure 31: Asia-Pacific Market Shares of Nerve Monitoring Systems, by Technology, 2020
Figure 32: Asia-Pacific Market Shares of Nerve Monitoring Systems, by Application, 2020
Figure 33: Asia-Pacific Market Shares of Nerve Monitoring Systems, by Country, 2020
Figure 34: Chinese Market for Nerve Monitoring Systems, 2019-2026
Figure 35: Japanese Market for Nerve Monitoring Systems, 2019-2026
Figure 36: Indian Market for Nerve Monitoring Systems, 2019-2026
Figure 37: Australian Market for Nerve Monitoring Systems, 2019-2026
Figure 38: Latin American Market Shares of Nerve Monitoring Systems, by Technology, 2020
Figure 39: Latin American Market Shares of Nerve Monitoring Systems, by Application, 2020
Figure 40: Latin American Market Shares of Nerve Monitoring Systems, by Country, 2020
Figure 41: Middle Eastern & African Market Shares of Nerve Monitoring Systems, by Technology, 2020
Figure 42: Middle Eastern & African Market Shares of Nerve Monitoring Systems, by Application, 2020
Figure 43: A Snapshot of Competitive Strategies of Key Market Players
Figure 44: Medtronic PLC: Annual Revenue and Net Income, 2017-2020
Figure 45: Medtronic PLC: Revenue, by Business Unit, 2017-2019
Figure 46: Natus Medical: Annual Revenue, 2018-2020
Figure 47: Natus Medical: Revenue Share, by Product Type, 2020
Figure 48: Nihon Kohden: Annual Revenue, 2018-2020
Figure 49: Nihon Kohden: Revenue Share, by Product Type, 2018-2020
Figure 50: NuVasive: Annual Revenue, 2018-2020
Figure 51: NuVasive: Revenue Share, by Product Line, 2018-2020