NORTH AMERICA INTRAOPERATIVE NEUROMONITORING MARKET FORECAST 2017-2025
KEY FINDINGS
The intraoperative neuromonitoring market in North America region is expected to evolve from $1.60 billion in 2016 to $2.89 billion by 2025. The market is expected to develop at 6.83% of CAGR throughout the years 2017-2025. For the study of the market, 2016 was considered as the base year and the forecast period is from 2017 to 2025. The IONM market is growing rapidly in North America region, owing to the rising popularity amid surgeons due to the significant advantages of IONM devices in complex surgeries.
MARKET INSIGHTS
The market for intraoperative neuromonitoring is segmented based on source type, methodology, and application. The market based on source type is divided into insourced IONM and outsourced IONM. The methodology segment is bifurcated into EEG, EMG, and EP. The application segment comprises of Neurosurgery, Spinal Surgery, Orthopedic Surgery, ENT Surgery, Vascular Surgery, and Other Surgeries, and the countries mentioned in the region are the United States, and Canada. In terms of revenue, US tops the North America region. The rising number of surgeries like vascular surgery, genitourinary surgery, neurosurgery, etc. are the major factors responsible for this significant growth.
COMPETITIVE INSIGHTS
The key brands mentioned in the North America intraoperative neuromonitoring market report are Medtronic, Computational Diagnostics, Bovie Medical, Cadwell, Accurate Monitoring, Clinical Neurodiagnostics, Natus Medical, Intranerve, Medsurant Monitoring, and Emotiv.
The intraoperative neuromonitoring market in North America region is expected to evolve from $1.60 billion in 2016 to $2.89 billion by 2025. The market is expected to develop at 6.83% of CAGR throughout the years 2017-2025. For the study of the market, 2016 was considered as the base year and the forecast period is from 2017 to 2025. The IONM market is growing rapidly in North America region, owing to the rising popularity amid surgeons due to the significant advantages of IONM devices in complex surgeries.
MARKET INSIGHTS
The market for intraoperative neuromonitoring is segmented based on source type, methodology, and application. The market based on source type is divided into insourced IONM and outsourced IONM. The methodology segment is bifurcated into EEG, EMG, and EP. The application segment comprises of Neurosurgery, Spinal Surgery, Orthopedic Surgery, ENT Surgery, Vascular Surgery, and Other Surgeries, and the countries mentioned in the region are the United States, and Canada. In terms of revenue, US tops the North America region. The rising number of surgeries like vascular surgery, genitourinary surgery, neurosurgery, etc. are the major factors responsible for this significant growth.
COMPETITIVE INSIGHTS
The key brands mentioned in the North America intraoperative neuromonitoring market report are Medtronic, Computational Diagnostics, Bovie Medical, Cadwell, Accurate Monitoring, Clinical Neurodiagnostics, Natus Medical, Intranerve, Medsurant Monitoring, and Emotiv.
1. RESEARCH SCOPE
1.1. STUDY GOALS
1.2. SCOPE OF THE MARKET STUDY
1.3. WHO WILL FIND THIS REPORT USEFUL?
1.4. STUDY & FORECASTING YEARS
2. RESEARCH METHODOLOGY
2.1. SOURCES OF DATA
2.1.1. PRIMARY DATA
2.1.2. SECONDARY DATA
2.2. TOP DOWN APPROACH
2.3. BOTTOM-UP APPROACH
2.4. DATA TRIANGULATION
3. EXECUTIVE SUMMARY
3.1. KEY FINDINGS
3.1.1. NORTH AMERICA HOLDS THE LARGEST SHARE IN THE IONM MARKET
3.1.2. OUTSOURCING IS THE MAJOR TREND ADOPTED BY MOST COMPANIES AND HOSPITALS
3.1.3. ORTHOPEDIC SURGERY GAINING POPULARITY AND ANTICIPATED TO GROW RAPIDLY AMONGST DIFFERENT SURGERIES
3.1.4. EEG MONITORING IS THE FASTEST GROWING SEGMENT IN METHODOLOGY SEGMENT
4. MARKET DETERMINANTS
4.1. MARKET DRIVERS
4.1.1. GROWING INCIDENCE OF NEUROLOGICAL DISORDERS LEADING TO SURGERIES
4.1.2. TECHNOLOGICAL ADVANCEMENTS
4.1.3. IONM REDUCES COMPLICATION DURING COMPLEX SURGERIES
4.1.4. GROWING GERIATRIC POPULATION GLOBALLY
4.2. MARKET RESTRAINTS
4.2.1. LACK OF SKILLED TECHNICIANS & SURGEONS FOR IONM DEVICES AND SURGERIES
4.2.2. HIGH COST ASSOCIATED WITH IONM DEVICES AND SERVICES
4.3. MARKET OPPORTUNITIES
4.3.1. EMERGENCE OF REMOTE IONM IS AN OPPORTUNITY FOR MARKET TO GROW
4.3.2. INCREASING DEMAND FOR USE OF IONM DURING MINIMALLY INVASIVE SURGERIES
4.3.3. DEVELOPMENT OF PORTABLE IONM
4.4. MARKET CHALLENGES
4.4.1. AVAILABILITY OF CHEAPER ALTERNATIVES POSES A CHALLENGE
5. MARKET SEGMENTATION
5.1. BY SOURCE TYPE
5.1.1. INSOURCED IONM
5.1.2. OUTSOURCED IONM
5.2. BY METHODOLOGY
5.2.1. EEG MONITORING
5.2.2. EMG MONITORING
5.2.3. EP MONITORING
5.2.3.1. SEP MONITORING
5.2.3.2. TCMEP MONITORING
5.3. BY APPLICATION
5.3.1. SPINAL SURGERY
5.3.2. ENT SURGERY
5.3.3. NEUROSURGERY
5.3.4. VASCULAR SURGERY
5.3.5. ORTHOPEDIC SURGERY
5.3.6. OTHER SURGERIES
6. KEY ANALYTICS
6.1. PORTER’S FIVE FORCE ANALYSIS
6.1.1. BARGAINING POWER OF SUPPLIERS
6.1.2. BARGAINING POWER OF BUYERS
6.1.3. THREAT OF NEW ENTRANTS
6.1.4. THREAT OF SUBSTITUTES
6.1.5. THREAT OF RIVALRY
6.2. OPPORTUNITY MATRIX
7. GEOGRAPHICAL ANALYSIS
7.1. NORTH AMERICA
7.1.1. US
7.1.2. CANADA
8. COMPETITIVE LANDSCAPE
8.1. MARKET SHARE ANALYSIS
8.2. COMPANY PROFILES
8.2.1. ACCURATE MONITORING
8.2.2. BOVIE MEDICAL
8.2.3. CADWELL
8.2.4. CLINICAL NEURODIAGNOSTICS
8.2.5. CNS NEUROMONITORING
8.2.6. COMPUTATIONAL DIAGNOSTICS
8.2.7. EMOTIV
8.2.8. INTRANERVE
8.2.9. MEDSURANT MONITORING
8.2.10. MEDTRONIC
8.2.11. NATUS MEDICAL
8.2.12. NEUROLINK MONITORING
8.2.13. NEUROMONITORING TECHNOLOGIES
8.2.14. NEUROSENTINEL
8.2.15. NIHON KOHDEN
8.2.16. NUVASIVE
8.2.17. SENTIENT MEDICAL SYSTEMS
8.2.18. SPINE-TEK NEUROMONITORING
8.2.19. SYNAPSE NEUROMONITORING
8.2.20. ZYNEX
LIST OF TABLES
TABLE 1 NORTH AMERICA INTRAOPERATIVE NEUROMONITORING MARKET BY SOURCE TYPE 2017-2025 ($ BILLION)
TABLE 2 NORTH AMERICA INTRAOPERATIVE NEUROMONITORING MARKET BY METHODOLOGY 2017-2025 ($ BILLION)
TABLE 3 NORTH AMERICA INTRAOPERATIVE NEUROMONITORING MARKET BY APPLICATION 2017-2025 ($ BILLION)
TABLE 4 OPPORTUNITY MATRIX FOR INTRAOPERATIVE NEUROMONITORING MARKET
TABLE 5 NORTH AMERICA INTRAOPERATIVE NEUROMONITORING MARKET BY COUNTRY 2017-2025 ($ BILLION)
LIST OF FIGURES
FIGURE 1 NORTH AMERICA INTRAOPERATIVE NEUROMONITORING MARKET SHARE BY SOURCE TYPE 2016
FIGURE 2 NORTH AMERICA INSOURCED IONM MARKET 2017-2025 ($ BILLION)
FIGURE 3 NORTH AMERICA OUTSOURCED IONM MARKET 2017-2025 ($ BILLION)
FIGURE 4 NORTH AMERICA INTRAOPERATIVE NEUROMONITORING MARKET SHARE BY METHODOLOGY 2016
FIGURE 5 NORTH AMERICA EEG MONITORING MARKET 2017-2025 ($ BILLION)
FIGURE 6 NORTH AMERICA EMG MONITORING MARKET 2017-2025 ($ BILLION)
FIGURE 7 NORTH AMERICA EP MONITORING MARKET 2017-2025 ($ BILLION)
FIGURE 8 NORTH AMERICA INTRAOPERATIVE NEUROMONITORING MARKET SHARE BY APPLICATION 2017
FIGURE 9 NORTH AMERICA INTRAOPERATIVE NEUROMONITORING MARKET FOR SPINAL SURGERY 2017-2025 ($ BILLION)
FIGURE 10 NORTH AMERICA INTRAOPERATIVE NEUROMONITORING MARKET FOR ENT SURGERY 2017-2025 ($ BILLION)
FIGURE 11 NORTH AMERICA INTRAOPERATIVE NEUROMONITORING MARKET FOR NEUROSURGERY 2017-2025 ($ BILLION)
FIGURE 12 NORTH AMERICA INTRAOPERATIVE NEUROMONITORING MARKET FOR VASCULAR SURGERY 2017-2025 ($ BILLION)
FIGURE 13 NORTH AMERICA INTRAOPERATIVE NEUROMONITORING MARKET FOR ORTHOPEDIC SURGERY 2017-2025 ($ BILLION)
FIGURE 14 NORTH AMERICA INTRAOPERATIVE NEUROMONITORING MARKET FOR OTHER SURGERIES 2017-2025 ($ BILLION)
FIGURE 15 PORTER’S FIVE FORCE ANALYSIS
FIGURE 16 NORTH AMERICA INTRAOPERATIVE NEUROMONITORING MARKET SHARE BY COUNTRY 2016
FIGURE 17 US INTRAOPERATIVE NEUROMONITORING MARKET 2017-2025 ($ BILLION)
FIGURE 18 CANADA INTRAOPERATIVE NEUROMONITORING MARKET 2017-2025 ($ BILLION)
FIGURE 19 TOP COMPANIES IN INTRAOPERATIVE NEUROMONITORING MARKET
COMPANIES MENTIONED
1. ACCURATE MONITORING
2. BOVIE MEDICAL
3. CADWELL
4. CLINICAL NEURODIAGNOSTICS
5. CNS NEUROMONITORING
6. COMPUTATIONAL DIAGNOSTICS
7. EMOTIV
8. INTRANERVE
9. MEDSURANT MONITORING
10. MEDTRONIC
11. NATUS MEDICAL
12. NEUROLINK MONITORING
13. NEUROMONITORING TECHNOLOGIES
14. NEUROSENTINEL
15. NIHON KOHDEN
16. NUVASIVE
17. SENTIENT MEDICAL SYSTEMS
18. SPINE-TEK NEUROMONITORING
19. SYNAPSE NEUROMONITORING
20. ZYNEX
1.1. STUDY GOALS
1.2. SCOPE OF THE MARKET STUDY
1.3. WHO WILL FIND THIS REPORT USEFUL?
1.4. STUDY & FORECASTING YEARS
2. RESEARCH METHODOLOGY
2.1. SOURCES OF DATA
2.1.1. PRIMARY DATA
2.1.2. SECONDARY DATA
2.2. TOP DOWN APPROACH
2.3. BOTTOM-UP APPROACH
2.4. DATA TRIANGULATION
3. EXECUTIVE SUMMARY
3.1. KEY FINDINGS
3.1.1. NORTH AMERICA HOLDS THE LARGEST SHARE IN THE IONM MARKET
3.1.2. OUTSOURCING IS THE MAJOR TREND ADOPTED BY MOST COMPANIES AND HOSPITALS
3.1.3. ORTHOPEDIC SURGERY GAINING POPULARITY AND ANTICIPATED TO GROW RAPIDLY AMONGST DIFFERENT SURGERIES
3.1.4. EEG MONITORING IS THE FASTEST GROWING SEGMENT IN METHODOLOGY SEGMENT
4. MARKET DETERMINANTS
4.1. MARKET DRIVERS
4.1.1. GROWING INCIDENCE OF NEUROLOGICAL DISORDERS LEADING TO SURGERIES
4.1.2. TECHNOLOGICAL ADVANCEMENTS
4.1.3. IONM REDUCES COMPLICATION DURING COMPLEX SURGERIES
4.1.4. GROWING GERIATRIC POPULATION GLOBALLY
4.2. MARKET RESTRAINTS
4.2.1. LACK OF SKILLED TECHNICIANS & SURGEONS FOR IONM DEVICES AND SURGERIES
4.2.2. HIGH COST ASSOCIATED WITH IONM DEVICES AND SERVICES
4.3. MARKET OPPORTUNITIES
4.3.1. EMERGENCE OF REMOTE IONM IS AN OPPORTUNITY FOR MARKET TO GROW
4.3.2. INCREASING DEMAND FOR USE OF IONM DURING MINIMALLY INVASIVE SURGERIES
4.3.3. DEVELOPMENT OF PORTABLE IONM
4.4. MARKET CHALLENGES
4.4.1. AVAILABILITY OF CHEAPER ALTERNATIVES POSES A CHALLENGE
5. MARKET SEGMENTATION
5.1. BY SOURCE TYPE
5.1.1. INSOURCED IONM
5.1.2. OUTSOURCED IONM
5.2. BY METHODOLOGY
5.2.1. EEG MONITORING
5.2.2. EMG MONITORING
5.2.3. EP MONITORING
5.2.3.1. SEP MONITORING
5.2.3.2. TCMEP MONITORING
5.3. BY APPLICATION
5.3.1. SPINAL SURGERY
5.3.2. ENT SURGERY
5.3.3. NEUROSURGERY
5.3.4. VASCULAR SURGERY
5.3.5. ORTHOPEDIC SURGERY
5.3.6. OTHER SURGERIES
6. KEY ANALYTICS
6.1. PORTER’S FIVE FORCE ANALYSIS
6.1.1. BARGAINING POWER OF SUPPLIERS
6.1.2. BARGAINING POWER OF BUYERS
6.1.3. THREAT OF NEW ENTRANTS
6.1.4. THREAT OF SUBSTITUTES
6.1.5. THREAT OF RIVALRY
6.2. OPPORTUNITY MATRIX
7. GEOGRAPHICAL ANALYSIS
7.1. NORTH AMERICA
7.1.1. US
7.1.2. CANADA
8. COMPETITIVE LANDSCAPE
8.1. MARKET SHARE ANALYSIS
8.2. COMPANY PROFILES
8.2.1. ACCURATE MONITORING
8.2.2. BOVIE MEDICAL
8.2.3. CADWELL
8.2.4. CLINICAL NEURODIAGNOSTICS
8.2.5. CNS NEUROMONITORING
8.2.6. COMPUTATIONAL DIAGNOSTICS
8.2.7. EMOTIV
8.2.8. INTRANERVE
8.2.9. MEDSURANT MONITORING
8.2.10. MEDTRONIC
8.2.11. NATUS MEDICAL
8.2.12. NEUROLINK MONITORING
8.2.13. NEUROMONITORING TECHNOLOGIES
8.2.14. NEUROSENTINEL
8.2.15. NIHON KOHDEN
8.2.16. NUVASIVE
8.2.17. SENTIENT MEDICAL SYSTEMS
8.2.18. SPINE-TEK NEUROMONITORING
8.2.19. SYNAPSE NEUROMONITORING
8.2.20. ZYNEX
LIST OF TABLES
TABLE 1 NORTH AMERICA INTRAOPERATIVE NEUROMONITORING MARKET BY SOURCE TYPE 2017-2025 ($ BILLION)
TABLE 2 NORTH AMERICA INTRAOPERATIVE NEUROMONITORING MARKET BY METHODOLOGY 2017-2025 ($ BILLION)
TABLE 3 NORTH AMERICA INTRAOPERATIVE NEUROMONITORING MARKET BY APPLICATION 2017-2025 ($ BILLION)
TABLE 4 OPPORTUNITY MATRIX FOR INTRAOPERATIVE NEUROMONITORING MARKET
TABLE 5 NORTH AMERICA INTRAOPERATIVE NEUROMONITORING MARKET BY COUNTRY 2017-2025 ($ BILLION)
LIST OF FIGURES
FIGURE 1 NORTH AMERICA INTRAOPERATIVE NEUROMONITORING MARKET SHARE BY SOURCE TYPE 2016
FIGURE 2 NORTH AMERICA INSOURCED IONM MARKET 2017-2025 ($ BILLION)
FIGURE 3 NORTH AMERICA OUTSOURCED IONM MARKET 2017-2025 ($ BILLION)
FIGURE 4 NORTH AMERICA INTRAOPERATIVE NEUROMONITORING MARKET SHARE BY METHODOLOGY 2016
FIGURE 5 NORTH AMERICA EEG MONITORING MARKET 2017-2025 ($ BILLION)
FIGURE 6 NORTH AMERICA EMG MONITORING MARKET 2017-2025 ($ BILLION)
FIGURE 7 NORTH AMERICA EP MONITORING MARKET 2017-2025 ($ BILLION)
FIGURE 8 NORTH AMERICA INTRAOPERATIVE NEUROMONITORING MARKET SHARE BY APPLICATION 2017
FIGURE 9 NORTH AMERICA INTRAOPERATIVE NEUROMONITORING MARKET FOR SPINAL SURGERY 2017-2025 ($ BILLION)
FIGURE 10 NORTH AMERICA INTRAOPERATIVE NEUROMONITORING MARKET FOR ENT SURGERY 2017-2025 ($ BILLION)
FIGURE 11 NORTH AMERICA INTRAOPERATIVE NEUROMONITORING MARKET FOR NEUROSURGERY 2017-2025 ($ BILLION)
FIGURE 12 NORTH AMERICA INTRAOPERATIVE NEUROMONITORING MARKET FOR VASCULAR SURGERY 2017-2025 ($ BILLION)
FIGURE 13 NORTH AMERICA INTRAOPERATIVE NEUROMONITORING MARKET FOR ORTHOPEDIC SURGERY 2017-2025 ($ BILLION)
FIGURE 14 NORTH AMERICA INTRAOPERATIVE NEUROMONITORING MARKET FOR OTHER SURGERIES 2017-2025 ($ BILLION)
FIGURE 15 PORTER’S FIVE FORCE ANALYSIS
FIGURE 16 NORTH AMERICA INTRAOPERATIVE NEUROMONITORING MARKET SHARE BY COUNTRY 2016
FIGURE 17 US INTRAOPERATIVE NEUROMONITORING MARKET 2017-2025 ($ BILLION)
FIGURE 18 CANADA INTRAOPERATIVE NEUROMONITORING MARKET 2017-2025 ($ BILLION)
FIGURE 19 TOP COMPANIES IN INTRAOPERATIVE NEUROMONITORING MARKET
COMPANIES MENTIONED
1. ACCURATE MONITORING
2. BOVIE MEDICAL
3. CADWELL
4. CLINICAL NEURODIAGNOSTICS
5. CNS NEUROMONITORING
6. COMPUTATIONAL DIAGNOSTICS
7. EMOTIV
8. INTRANERVE
9. MEDSURANT MONITORING
10. MEDTRONIC
11. NATUS MEDICAL
12. NEUROLINK MONITORING
13. NEUROMONITORING TECHNOLOGIES
14. NEUROSENTINEL
15. NIHON KOHDEN
16. NUVASIVE
17. SENTIENT MEDICAL SYSTEMS
18. SPINE-TEK NEUROMONITORING
19. SYNAPSE NEUROMONITORING
20. ZYNEX
