The Global Intraoperative Neuromonitoring (IONM) Market is poised to grow at a CAGR of 6.53% from 2024 to 2031.
IONM Market Size
The Intraoperative Neuromonitoring (IONM) is increasingly adopted due to its effectiveness in reducing risks like muscle weakness and paralysis during complex surgeries. The rise in surgical procedures, the importance of patient safety, and advancements in technology are major market drivers. Emerging markets, particularly in Asia-Pacific, hold significant growth potential due to rising incomes and healthcare demands. Innovations in neurosurgery, ophthalmic devices, and surgical robotics further support market expansion.
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Market Segmentation
By Modality:Electromyography (EMG): Records electrical activity in muscles,Electroencephalogram (EEG): Monitors brain activity.
By Service:In-source IONM: Managed within the hospital with trained staff,Out-source IONM: Outsourced to specialized service providers.
By Application:Orthopedic Surgeries: Involves surgeries related to bones and muscles,ENT Surgeries: Ear, nose, and throat surgeries.
By End-User:Pharmaceutical & Biotechnology Companies,Contract Research Organizations (CROs),Academic & Research Institutions,Others
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Competitive Analysis
Key players in the IONM market include
- SpecialtyCare
- Natus Medical Incorporated,
- NuVasive Inc.
- Medtronic Plc
- Inomed Medizintechnik GmbH,
- Accurate Monitoring
- Cadwell Industries Inc.
- Computational Diagnostics Inc.
- Nihon Kohden Corp., and Medsurant Health LLC.
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