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Asia Pacific Nerve Monitoring Devices Market Size, Share & Industry Trends Analysis Report By Technology, By Product (Monitors, Electrodes, and Ancillary Products), By Country and Growth Forecast, 2023 - 2030

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    Report

  • 132 Pages
  • September 2023
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5903623
The Asia Pacific Nerve Monitoring Devices Market would witness market growth of 6.4% CAGR during the forecast period (2023-2030).

The market refers to the industry focused on developing, producing, and distributing medical devices designed to monitor and assess the function of nerves during various surgical and medical procedures. These devices are commonly used in surgical procedures with a risk of nerve damage, such as in spinal, neurosurgery, otolaryngology, and other related fields. Nerve monitoring devices play a crucial role in ensuring the safety and effectiveness of these procedures. These are placed on or near the nerves being monitored. They detect electrical signals the nerves generate and transmit this data to monitoring equipment. This includes the machines or devices that receive signals from the electrodes and sensors, process the data, and provide real-time feedback to the medical team. It often includes software for data analysis. This category includes disposable electrodes, cables, and other accessories for properly functioning nerve monitoring devices.

Nerve monitoring devices allow surgeons to identify and track motor nerve function during routine procedures and minimize nerve damage risk. This technology eliminates the risk of nerve injury during high-risk surgeries such as spine, nerve, and brain surgery. Using a combination of advanced hardware electronics and simple software, nerve monitoring devices enable surgeons to perform necessary procedures while preserving nerve function and enhancing patient safety. The market is driven by the rising majority of neurological disorders and the demand for minimally invasive surgical procedures.

APAC countries are experiencing a rising demand for surgical procedures, including orthopedic, neurosurgical, and otolaryngological surgeries. As surgical volumes increase, so does the need for nerve monitoring devices to enhance patient safety and minimize complications. Like many other regions, APAC is witnessing an aging population. Older individuals often require surgical interventions and are more susceptible to neurological and musculoskeletal conditions, making nerve monitoring devices essential in these procedures. The number of neurological disorders, such as stroke, Parkinson's disease, and epilepsy, is increasing in APAC countries. Nerve monitoring devices play a crucial role in diagnosing and managing these conditions.

The China market dominated the Asia Pacific Nerve Monitoring Devices Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $117.5 Million by 2030. The Japan market is registering a CAGR of 5.7% during (2023 - 2030). Additionally, The India market would experience a CAGR of 7% during (2023 - 2030).

Based on Technology, the market is segmented into Electroencephalogram (EEG), Electromyography (EMG), Electrocorticography (ECoG), and Evoked Potential (Somatosensory Evoked Potentials (SSEP), Transcranial Electrical Motor Evoked Potentials (TCeMEP), Brainstem Auditory Evoked Potentials (BAEP), Visual Evoked Potentials (VEP)). Based on Product, the market is segmented into Monitors, Electrodes, and Ancillary Products. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Medtronic PLC, NuVasive, Inc., Natus Medical Inc., Neuspera Medical, Inc., Brainlab AG, Checkpoint Surgical, Inc., Cadwell Industries, Inc., Compumedics Limited, Magstim EGI (Magstim, Inc.), and Nihon Kohden Corporation.

Scope of the Study

Market Segments Covered in the Report:

By Technology
  • Electroencephalogram (EEG)
  • Electromyography (EMG)
  • Electrocorticography (ECoG)
  • Evoked Potential
  • Somatosensory Evoked Potentials (SSEP)
  • Transcranial Electrical Motor Evoked Potentials (TCeMEP)
  • Brainstem Auditory Evoked Potentials (BAEP)
  • Visual Evoked Potentials (VEP)
By Product
  • Monitors
  • Electrodes
  • Ancillary Products
By Country
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:


  • Medtronic PLC
  • NuVasive, Inc.
  • Natus Medical Inc.
  • Neuspera Medical, Inc.
  • Brainlab AG
  • Checkpoint Surgical, Inc.
  • Cadwell Industries, Inc.
  • Compumedics Limited
  • Magstim EGI (Magstim, Inc.)
  • Nihon Kohden Corporation

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Nerve Monitoring Devices Market, by Technology
1.4.2 Asia Pacific Nerve Monitoring Devices Market, by Product
1.4.3 Asia Pacific Nerve Monitoring Devices Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.3.2 Key Strategic Move: (Mergers & Acquisition: 2020, Feb - 2023, Jan) Leading Players
4.3.3 Key Strategic Move: (Product Launches and Product Expansions: 2019, Jul - 2023, Aug) Leading Players
4.4 Porter’s Five Forces Analysis
Chapter 5. Asia Pacific Nerve Monitoring Devices Market, by Technology
5.1 Asia Pacific Electroencephalogram (EEG) Market, by Country
5.2 Asia Pacific Electromyography (EMG) Market, by Country
5.3 Asia Pacific Electrocorticography (ECoG) Market, by Country
5.4 Asia Pacific Evoked Potential Market, by Country
5.5 Asia Pacific Nerve Monitoring Devices Market, by Evoked Potential Type
5.5.1 Asia Pacific Somatosensory Evoked Potentials (SSEP) Market, by Country
5.5.2 Asia Pacific Transcranial Electrical Motor Evoked Potentials (TCeMEP) Market, by Country
5.5.3 Asia Pacific Brainstem Auditory Evoked Potentials (BAEP) Market, by Country
5.5.4 Asia Pacific Visual Evoked Potentials (VEP) Market, by Country
Chapter 6. Asia Pacific Nerve Monitoring Devices Market, by Product
6.1 Asia Pacific Monitors Market, by Country
6.2 Asia Pacific Electrodes Market, by Country
6.3 Asia Pacific Ancillary Products Market, by Country
Chapter 7. Asia Pacific Nerve Monitoring Devices Market, by Country
7.1 China Nerve Monitoring Devices Market
7.1.1 China Nerve Monitoring Devices Market, by Technology
7.1.1.1 China Nerve Monitoring Devices Market, by Evoked Potential Type
7.1.2 China Nerve Monitoring Devices Market, by Product
7.2 Japan Nerve Monitoring Devices Market
7.2.1 Japan Nerve Monitoring Devices Market, by Technology
7.2.1.1 Japan Nerve Monitoring Devices Market, by Evoked Potential Type
7.2.2 Japan Nerve Monitoring Devices Market, by Product
7.3 India Nerve Monitoring Devices Market
7.3.1 India Nerve Monitoring Devices Market, by Technology
7.3.1.1 India Nerve Monitoring Devices Market, by Evoked Potential Type
7.3.2 India Nerve Monitoring Devices Market, by Product
7.4 South Korea Nerve Monitoring Devices Market
7.4.1 South Korea Nerve Monitoring Devices Market, by Technology
7.4.1.1 South Korea Nerve Monitoring Devices Market, by Evoked Potential Type
7.4.2 South Korea Nerve Monitoring Devices Market, by Product
7.5 Singapore Nerve Monitoring Devices Market
7.5.1 Singapore Nerve Monitoring Devices Market, by Technology
7.5.1.1 Singapore Nerve Monitoring Devices Market, by Evoked Potential Type
7.5.2 Singapore Nerve Monitoring Devices Market, by Product
7.6 Malaysia Nerve Monitoring Devices Market
7.6.1 Malaysia Nerve Monitoring Devices Market, by Technology
7.6.1.1 Malaysia Nerve Monitoring Devices Market, by Evoked Potential Type
7.6.2 Malaysia Nerve Monitoring Devices Market, by Product
7.7 Rest of Asia Pacific Nerve Monitoring Devices Market
7.7.1 Rest of Asia Pacific Nerve Monitoring Devices Market, by Technology
7.7.1.1 Rest of Asia Pacific Nerve Monitoring Devices Market, by Evoked Potential Type
7.7.2 Rest of Asia Pacific Nerve Monitoring Devices Market, by Product
Chapter 8. Company Profiles
8.1 Medtronic PLC
8.1.1 Company overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 NuVasive, Inc.
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
8.2.2.1 Product Launches and Product Expansions:
8.2.2.2 Acquisition and Mergers:
8.2.3 SWOT Analysis
8.3 Natus Medical Incorporated (Archimed SAS)
8.3.1 Company Overview
8.3.2 Recent strategies and developments:
8.3.2.1 Acquisition and Mergers:
8.3.3 SWOT Analysis
8.4 Neuspera Medical Inc.
8.4.1 Company Overview
8.4.2 SWOT Analysis
8.5 Brainlab AG
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Partnerships, Collaborations, and Agreements:
8.5.2.2 Acquisition and Mergers:
8.5.3 SWOT Analysis
8.6 Checkpoint Surgical, Inc.
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Product Launches and Product Expansions:
8.6.3 SWOT Analysis
8.7 Cadwell Industries, Inc.
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Product Launches and Product Expansions:
8.7.3 SWOT Analysis
8.8 Compumedics Limited
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 SWOT Analysis
8.9 Magstim EGI (Magstim, Inc.)
8.9.1 Company Overview
8.9.2 SWOT Analysis
8.10. Nihon Kohden Corporation
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Product Category and Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Product Launches and Product Expansions:
8.10.6 SWOT Analysis

Companies Mentioned

  • Medtronic PLC
  • NuVasive, Inc.
  • Natus Medical Inc.
  • Neuspera Medical, Inc.
  • Brainlab AG
  • Checkpoint Surgical, Inc.
  • Cadwell Industries, Inc.
  • Compumedics Limited
  • Magstim EGI (Magstim, Inc.)
  • Nihon Kohden Corporation

Methodology

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