Intraoperative Neuromonitoring Market Growth and Trends: Key Insights into Market Opportunities for 2025-2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
Which Major Market Drivers Are Expected to Boost the Growth Potential of the Intraoperative Neuromonitoring Market?
The surge in neurovascular disorders like Parkinson’s disease, Alzheimer’s disease, and epilepsy, which generally persist over a longer duration, is anticipated to fuel the expansion of the intraoperative neuromonitoring market. Intraoperative neuromonitoring assesses the neural structures and consciousness during surgeries for various neurodiseases, including Alzheimer’s. For example, the US-based National Library Of Medicine, a federal government entity, estimates that around 6.2 million Americans aged 65 and above suffer from Alzheimer’s dementia. This number is expected to rise to 13.8 million by 2060. Therefore, the increasing incidence of neurovascular disorders is a key driver for the intraoperative neuromonitoring market.
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#How Will the CAGR of the Intraoperative Neuromonitoring Market Influence Its Overall Growth by 2034?
The market size for intraoperative neuromonitoring has seen significant expansion in recent times. The market, valued at $3.56 billion in 2024, is expected to swell to $3.8 billion in 2025, marking a compound annual growth rate (CAGR) of 6.8%. The previous growth can be linked to the surging cases of neurological conditions, enhanced awareness among surgeons, extending use in diverse surgeries, the climbing number of elderly individuals, and the availability of insurance and reimbursement policies.
In the coming years, the market size of intraoperative neuromonitoring is anticipated to witness a robust growth. With a compound annual growth rate (CAGR) of 8.3%, it is projected to reach $5.23 billion by the year 2029. The growth during this period can be credited to factors such as the rising demand for minimally invasive surgeries, an international upsurge in surgical procedures, increased emphasis on patient safety, the extension of uses in novel medical sectors, and various government schemes and laws. Key trends expected during the forecast period consist of technological advancements, devices based on Internet of Things (IoT), product improvements, and strategic partnerships.
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What Are the Key Market Innovations in theIntraoperative Neuromonitoring Market Over the Coming Years?
Embracing sophisticated technological devices within intraoperative neuromonitoring has become a trending factor gaining traction within the intraoperative neuromonitoring market. Many leading businesses in this market are committed to the production of cutting-edge technological solutions to fortify their market standings. For example, Nihon Kohden, a medical device manufacturer based in Japan, introduced the One View solution in October 2023. This advanced feature plays a significant role in their Neuromaster G1 intraoperative neuromonitoring (IONM) system. The solution allows for a smooth coordination between a patient’s anesthesia and important vital stats like heart rate, SpO2, temperature, among others, along with neurological data within the IONM software. It features a customizable notification system that can be tailored to set off alarms based on predefined threshold parameters, thus ensuring prompt interventions and swift reactions.
Who Are the Top Companies Driving Innovation and Growth in theIntraoperative Neuromonitoring Market?
Major companies operating in the intraoperative neuromonitoring market are Medtronic PLC, Natus Medical Incorporated, Cadwell Industries Inc., Siemens Healthineers, Neurosign, Mizuho Medical Co. Ltd., EEG Solutions Inc., Invenia Technical Computing, Cablescope Inc., Blackrock Neurotech, Specialty Surgical Instrumentation, NeuroWave Systems, Intraoperative Monitoring Services LLC, BrainScope Company, Inc., Trident Medical Inc., CortiCare, Soterix Medical, Viking Medical, Neuromonitoring Associates, NeuroVigil, Neurophysiology Associates, NeuroDiagnostic Institute, Biomedical Monitoring Inc., The EPI Group, Advanced Neuromonitoring Technologies, Amplified NeuroTech
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Which Key Market Segments Comprise the Intraoperative Neuromonitoring Market and Drive Its Revenue Growth?
The intraoperative neuromonitoring market covered in this report is segmented –
1) By Products And Services: Systems, Accessories, Services
2) By Modality: Motor Evoked Potentials, Somatosensory Evoked Potentials, Electroencephalography, Electromyography, Brainstem Auditory Evoked Potentials, Visual Evoked Potentials
3) By Application: Spinal Surgery, Neurosurgery, Vascular Surgery, ENT Surgery, Orthopedic Surgery, Other Surgeries
4) By End User: Hospitals, Ambulatory Surgical centers
Subsegments:
1) By Systems: Electromyography (EMG) Systems, Electroencephalography (EEG) Systems, Evoked Potential (EP) Systems, Multimodal Monitoring Systems
2) By Accessories: Electrodes, Cables And Connectors, Amplifiers, Monitors And Display Units
3) By Services: Consulting Services, Technical Support And Maintenance, Training And Education Services, Data Analysis And Reporting Services
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https://www.thebusinessresearchcompany.com/customise?id=8767&type=smpGlobal Intraoperative Neuromonitoring Market, Global Intraoperative Neuromonitoring Market Report, Global Intraoperative Neuromonitoring Market Trends, Global Intraoperative Neuromonitoring Market Size
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