Neuromonitoring Devices Market By Product (Intracranial Pressure Monitoring, Cerebral Oximeter, Near Infrared Spectroscopy, Speckle Imaging, Doppler Ultrasound, EEG, Fetal/Neonatal Neuro-Monitoring Devices, Micro Ultrasound, Others): Global Opportunity Analysis and Industry Forecast, 2021-2030
The global neuromonitoring devices market was valued at $5,593.1 million in 2021 and is projected to reach $10,276 million by 2030, growing at a CAGR of 7.24% from 2022 to 2030.
Rising demand for non-invasive and minimally invasive medical devices is expected to drive the global nuromonitoring devices market. Because it includes intervention with sensitive brain tissue, intrusive tracking is a complex, distressing, and dangerous procedure. As a result, both patients and doctors prefer the use of non-invasive or non-invasive nuromonitoring devices. Because of their advantages, non-invasive ICP monitoring systems, computed tomography devices, tympanic displacement procedures, nervous system sheath diameter, chest x ray, and fundoscopy have seen a rapid upsurge, compelling market participants to grow and commercialize such products. All such factors are expected to drive the neuromonitoring devices market during the forecast period.
The market for neuromonitoring devices is likely to face some major hindrance due to high cost of the devices. Neuromonitoring devices are highly expensive due to the use of many costly equipment such as advanced sensors, electrodes, and wirings used for their construction. Also, less availability of skilled personnel to operate such devices is further anticipated to impede the market growth.
To meet the rising demand for advanced neuromonitoring devices, key market players are constantly innovating their portfolio of neuromonitoring devices. For this reason, companies have begun to invest heavily in advancing their research and development activities and developing new and advanced product lines.
The global neuromonitoring devices market is segmented on the basis of product and region. By product, the market is classified into intracranial pressure monitoring, cerebral oximeter, near infrared spectroscopy, speckle imaging, doppler ultrasound, EEG, fetal/neonatal neuromonitoring devices, micro ultrasound, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in this report include GE Healthcare, Koninklijke Philips N.V., Medtronic Plc, Nihon Kohden Corporation, Natus Medical Incorporated., Nuvasive, Inc., Advanced Brain Monitoring, Inc., Intranerve Neuroscience Holdings, Llc, Specialtycare, and RIMED Ltd.
KEY MARKET SEGMENTS
By Product
Intracranial Pressure Monitoring
Cerebral Oximeter
Near Infrared Spectroscopy
Speckle Imaging
Doppler Ultrasound
EEG
Fetal/Neonatal Neuromonitoring devices
Micro Ultrasound
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
LIST OF KEY PLAYERS PROFILED IN THE REPORT
GE Healthcare
Koninklijke Philips N.V.
Medtronic Plc
Nihon Kohden Corporation
Natus Medical Incorporated
Nuvasive, Inc.
Advanced Brain Monitoring, Inc.
Intranerve Neuroscience Holdings, LLC
Specialtycare
RIMED Ltd.
Key Market Segments
By Product
Intracranial Pressure Monitoring
Cerebral Oximeter
Near Infrared Spectroscopy
Speckle Imaging
Doppler Ultrasound
EEG
Fetal/Neonatal Neuro-Monitoring Devices
Micro Ultrasound
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Rest Of Asia Pacific
LAMEA
Brazil
Saudi Arabia
UAE
South Africa
Rest of LAMEA
Key Market Players
Koninklijke Philips N.V.
Nihon Kohden Corporation
Natus Medical Incorporated
Medtronic Plc
GE Healthcare
Nuvasive, Inc.
Advanced Brain Monitoring, Inc.
Intranerve Neuroscience Holdings, LLC
RIMED Ltd.
SpecialtyCare
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