Intraoperative Neuromonitoring Market to Witness Robust Growth in Coming Years

1. Intraoperative Neuromonitoring Market Insights, Future Strategies By 2023 © P&S Intelligence. All rights reserved Page 1

2. The number of surgical procedures across the globe is growing rapidly, since surgical procedures are necessary for managing a number of health conditions, such as obstructed labor, injuries, cardiovascular diseases, infections, and malignancy. Therefore, this component of the healthcare system is indispensable when it comes to the proper functioning of the healthcare sector. It was estimated that about 234,2 million operations were carried out across the world in 2004. The surging prevalence of chronic diseases and rising geriatric population are further leading to a significant growth in the number of surgical procedures . Request to Get the Sample Pages at:https://www.psmarketresearch.com/market- analysis/intraoperative-neuromonitoring-market/report-sample Ascribed to this growing number of surgeries, the demand for intraoperative neuromonitoring (IONM) is also increasing rapidly. IONM is not only important for diagnosing an injury but also for salvaging neural tissues at risk before the damage becomes irreversible. The technology is particularly useful in the perioperative period for patients who are at high risk of developing neurological complications due to surgery. In such cases then, IONM is important as it has high response time, high sensitivity and specificity, aids in clarifying physiological targets, provides prognostication for guiding subsequent care, and is able to detect injury early enough to allow therapeutic interventions to take place on time. Because of these important benefits of IONM, the intraoperative neuromonitoring market is projected to advance at a considerable pace in the coming years. The products and services of IONM, including services, systems, and accessories, are used for various applications, namely orthopedic surgery, ear, nose, & throat surgery, vascular surgery, neurosurgery, and spinal surgery. The two source types of IONM are outsourced and insourced monitoring. While the demand for insourced monitoring was higher in the past, the requirement for outsourced monitoring is expected to increase in the coming year. This is because the latter is more cost effective, as no additional expenses are needed to be spared for training by the hospital. Make an Enquiry before Purchase: https://www.psmarketresearch.com/send-enquiry?enquiry- url=intraoperative-neuromonitoring-market Visual evoked potentials, brainstem auditory evoked potentials (BAEP), electromyography, electroencephalography, somatosensory evoked potentials, and motor evoked potentials are the different modalities of IONM. Out of these, BAEP is projected to be the most in demand in the coming years as it is utilized for monitoring the vestibulocochlear nerve and brainstem function. It is utilized during posterior surgeries for assessing brainstem and hearing function that can be compromised because of cerebellar retraction, direct mechanical or thermal injury to the vestibulocochlear nerve and brainstem, or vascular injury. © P&S Intelligence. All rights reserved Page 2

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