Global Nerve Monitoring Systems Market 2018-2022

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Global nerve monitoring systems industry overview

The rising prevalence of neurological disorders is a major factor driving the market’s growth. Various neurological diseases such as multiple sclerosis, stroke, epilepsy, Parkinson's disease, Alzheimer's disease, and peripheral neuropathy affect nerve functioning and cause weakness and tingling of muscles and blurred vision. Nerve monitoring systems are required for the diagnosis and monitoring of these diseases. Over the past decade, the world has witnessed a rapid increase in the prevalence of nerve disorders, which is boosting the demand for nerve monitoring systems worldwide.

The nerve monitoring systems market will witness significant investments in R&D in the coming years. Players are increasingly focusing on developing technologically advanced nerve monitoring systems such as EEG, LTM, IONM, evoked potential, and EMG to provide better diagnosis and treatment for the patients. Several government and non-government agencies are collaborating with each other to prevent and control neurological conditions such as epilepsy, multiple sclerosis, and spinal cord injuries. The nerve monitoring systems market will grow at a CAGR of nearly 8% during the forecast period and initiatives such as increasing investments in R&D will act as one of the major factors propelling this growth.

Top nerve monitoring systems companies covered in this market research report

The nerve monitoring systems market is highly concentrated. This market report studies the competitiveness of the key vendors and their diverse product portfolio. This report is designed to help clients identify new growth opportunities and make refined business decisions.

This report offers a complete analysis of various companies including:

• Cadwell Industries
• Medtronic
• Natus Medical
• NIHON KOHDEN
• NuVasive

Nerve monitoring systems market segmentation based on geographic regions

• Americas
• APAC
• EMEA

The Americas will account for the highest growth in the global nerve monitoring systems market throughout the forecast period. The growing prevalence of various neurological disorders such as Alzheimer's disease, Parkinson's disease, multiple sclerosis, and neurological movement disorders in the geriatric population contributes highly to this region’s growth.

Nerve monitoring systems market segmentation based on product

• Monitoring systems
• Accessories

The monitoring system product segment will account for the highest growth in the market. Monitoring systems are expensive and are used mostly in tertiary-care settings. These systems enable surgeons to monitor nerve functions and reduce the risk of nerve damage during surgical procedures.

Key highlights of the global nerve monitoring systems market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the nerve monitoring systems market during the next five years
• Precise estimation of the global nerve monitoring systems market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the nerve monitoring systems industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of the nerve monitoring systems companies

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