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 forecast period. Increased target patient population, clinical benefits associated with nerve monitoring procedures, & rising use of nerve monitoring in trauma cases are factors expected to drive demand for nerve monitoring products during study period.
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Geographically, nerve monitoring system market is segmented into North America, Europe, Asia, and RoW. North America is expected to register the highest growth rate during the forecast period due to the significant adoption of nerve monitoring owing to the growing number of clinical trials that have proved its therapeutic efficacy in surgeries.
Target Audience of Nerve Monitoring System Market with Stakeholders
- Nerve monitoring product manufacturers
- Nerve monitoring product suppliers and distributors
- Contract manufacturers
- Healthcare service providers [including hospitals, surgical centers, and ambulatory surgical centers (ASCs)]
- Research laboratories and academic institutes
- Clinical research organizations (CROs)
- Government regulatory authorities
- Independent associations and non-government organizations
- National and international regulatory authorities
- Market research firms
Report covers nerve monitoring systems market across four major geographies, namely, North America, Europe, Asia, and the Rest of the World (RoW).
North America is expected to command the largest share of the market in 2017 due to the significant adoption of nerve monitoring owing to the growing number of clinical trials that have proved its therapeutic efficacy in surgeries.
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The nerve stimulation electrodes and probes segment is expected to grow at the highest CAGR during the forecast period owing to the increasing awareness about the clinical benefits associated with nerve monitoring, increasing number of complex & critical surgeries worldwide, and ongoing technological advancements in the field of nerve stimulation & monitoring.
1 Nerve Monitoring Systems: Market Overview
2 Nerve Monitoring Systems Market Size, By Product
3 Geographic Analysis: Nerve Monitoring Systems Market in APAC, By Technology and Country
4 Nerve Monitoring Systems Market, By Application
5 Nerve Monitoring Systems Market, By End User
6 Geographic Snapshot of the Nerve Monitoring Systems Market
Major players of 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).
Connect for More Details for More Information “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” report @ www.reportsnreports.com/contacts/d…aspx?name=1297881 .
Report studies nerve monitoring system market based on product, technology, application, end user, and region. Report also studies factors affecting market growth, it analyzes opportunities and challenges in the market & provides details of the competitive landscape for market leaders.
Furthermore, the report analyzes micro markets with respect to their individual growth trends.
Report forecasts the revenue of market segments with respect to the four key regions and respective countries. The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help firms garner greater market shares.