pune, India -- (SBWIRE) -- 02/02/2019 -- The study considers the present scenario of the global Intraoperative Neuromonitoring Market (IONM) and its market dynamics for the period 2016-2022. It covers a detailed overview of various market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. The report also profiles and analyzes the leading five companies and 15 other prominent companies operating in the market.

The sale of major IONM market companies was aggregated to arrive at the market size. The same approach is used to calculate the market size in terms of revenue. An estimated 85-90% of vendors? capacity are mapped and considered in the calculations.

The report provides the analysis of the key segments of the market by end-users, geography, and vendors. It provides a detailed analysis of revenue from various segments:

Source Types: In-sourced & Outsourced

Methodology Types: Evoked Potential (EP), Electromyography (EMG) & Electroencephalography (EEG)

Application Types: Neurosurgery, Orthopedic surgery, ENT surgery & Cardiovascular surgery

Major Geographies: APAC, EMEA, Latin America, Latin America

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The report provides a holistic view of the global IONM market, the companies involved in the market, and the factors driving its growth. It also provides information on some of the latest trends that have started to surface and are likely to become strong market driving forces over the next five years. This report also provides the Porter's Five Forces analysis along with a description of each force and its impact on the market. Further, the report also provides complete value chain analysis of the global market.

Increase in volume of surgical procedures, growing utility of intraoperative neuromonitoring in varied surgeries, technological innovations and increase in use of out-sourced Intraoperative neuromonitoring by small and rural healthcare centers are the major factors that are enhancing the growth of the market. Increasing demand for tele-neuromonitoring, advent of portable and multi-modality IONM devices, increase in strategic consolidations and integration of MI surgeries with intraoperative neuromonitoring are the latest trends that will boost the market and will pave the way for growth opportunities.

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Outsourced intraoperative neuromonitoring is growing at a rapid pace due to its benefits over in-sourced monitoring. Hospitals prefer outsourced monitoring as it eliminates the need for purchase of premium priced Intraoperative neuromonitoring capital equipment and avoid the requirement to appoint full-time IONM professionals.

The primary factor for the high share of North America in the global IONM market is the existence of the favorable and constantly improving reimbursement scenario in the region. The penetration of Intraoperative neuromonitoring devices is significantly higher in the US than other developed or developing countries worldwide. Their demand in this region is also rapidly growing increased in rate of utilization of IONM for varied surgeries and due to increase in demand for out-sourced services. Europe is the second largest market, followed by APAC, Latin America, and MEA.

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Few Points from List of Exhibits:

Exhibit 1 Segmentation of Global IONM Market

Exhibit 2 Market Size Calculation Approach 2016

Exhibit 3 Schematic Representation of Neurotransmission

Exhibit 4 Mechanism of IONM

Exhibit 5 Common IONM Modalities

Exhibit 6 Evolution of IONM

Exhibit 7 Standard Steps Followed in IONM

Exhibit 8 Key Advantages of IONM

Exhibit 9 Increase in Volume of Select Surgical Procedures in US (in thousands)

Exhibit 10 Increase in Number of Hospitals Utilizing IONM in US 2008 and 2012

Exhibit 11 Common Specialist Areas Utilizing IONM Techniques

Exhibit 12 Snapshot of Out-sourced IONM's Benefits Over In-sourced IONM

Exhibit 13 Global Outsourced IONM Market ($million)

Exhibit 14 Additional Costs of IONM Utilized MIS-TLIF Surgery

Exhibit 15 Demand for Remote IONM in US

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