The global market for nerve monitoring systems should grow from $1.2 billion in 2021 to $1.6 billion by 2026 with a compound annual growth rate (CAGR) of 6.0% for the period of 2021-2026.
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.
The 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
Table of Contents
Chapter 1 Introduction
- Study Goals and Objectives
- Scope of Report
- Information Sources
- Methodology
- Geographic Breakdown
- Analyst’s Credentials
- Custom Research
- Related 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
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
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
Samples
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Companies Mentioned
- Cadwell Industries Inc.
- Dr. Langer Medical Gmbh
- Inomed Medizintechnik Gmbh (Inomed)
- Medtronic Plc
- Natus Medical Inc.
- Neurosign
- Neurovision Medical Products
- Nihon Kohden
- Nuvasive
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 107 |
| Published | July 2021 |
| Forecast Period | 2021 - 2026 |
| Estimated Market Value ( USD | $ 1.2 Billion |
| Forecasted Market Value ( USD | $ 1.6 Billion |
| Compound Annual Growth Rate | 6.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 9 |
