+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Nerve Monitoring Devices Market Size, Share & Trends Analysis Report By Product (Monitors, Electrodes), By Technology (Evoked Potential, Electromyography (EMG)), By Region, And Segment Forecasts, 2023 - 2030

  • PDF Icon

    Report

  • 84 Pages
  • September 2023
  • Region: Global
  • Grand View Research
  • ID: 5893120
The global nerve monitoring devices market size is expected to reach USD 2.0 billion by 2030, expanding at a CAGR of 5.3% from 2023 to 2030. Rising prevalence of neurological diseases, such as epilepsy, is a vital driver propelling market growth. Increasing geriatric population is another important driver responsible for growth of neuromonitoring devices, as these demographics are more prone to age-related neurodegenerative disorders.

Technological advancements such as wearable devices, which have better mobility and ability of round-the-clock monitoring, are expected to bolster the demand for these devices over the forecast period. Furthermore, large patient pool of neurological disorders is undiagnosed; hence, government is taking initiatives to promote early diagnosis, thereby increasing the demand for nerve monitoring devices.

Nerve Monitoring Devices Market Report Highlights

  • Electroencephalography was the largest technology segment in 2022, owing to its wide clinical utility and its ability to unfold brain activity within milliseconds providing higher accuracy
  • On the contrary, electromyography is also expected to witness lucrative growth over the forecast period, attributed to rising prevalence of neuromuscular diseases such as muscular dystrophies and muscle rheumatism
  • Monitors witnessed a rapid growth in demand, which resulted in the product accounting for the largest share in 2022. Ancillary products such as disposable sponge disks, abrasive gel, alcohol swabs, disposable filter, and electrode creams are expected to witness substantial growth over the next seven years. Increased usage and repeat purchases are likely to drive segment growth.
  • North America dominated the regional nerve monitoring devices market with over 46.0% share in 2022. Advanced healthcare infrastructure coupled with growing disposable income is anticipated to drive growth of the market.
  • Asia Pacific is expected to witness lucrative growth over the forecast period. Presence of high unmet needs and untapped opportunities in India and China are expected to open up new avenues for market players.
  • Key players operating in this market include Medtronic Plc., NuVasive, Inc., Nihon Kohden, Natus Medical Inc., Langer Medical GmbH, Neurosign Surgical, Neurowave Systems, Cadwell Laboratories, Compumedics Limited, and Electrical Geodesics Inc. Key trends witnessed in this market include collaborations to gain competitive advantage, technological advancements, and new product launches.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.1.1. Product
1.1.2. Technology
1.1.3. Regional scope
1.1.4. Estimates and forecast timeline
1.2. Research Methodology
1.3. Information Procurement
1.3.1. Purchased database
1.3.2. internal database
1.3.3. Secondary sources
1.3.4. Primary research
1.3.5. Details of primary research
1.4. Information or Data Analysis
1.5. Market Formulation & Validation
1.6. Model Details
1.7. List of Secondary Sources
1.8. List of Primary Sources
1.9. Objectives
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Product outlook
2.2.2. Technology outlook
2.2.3. Regional outlook
2.3. Competitive Insights
Chapter 3. Nerve Monitoring Devices Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent market outlook
3.1.2. Related/ancillary market outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Market Dynamics
3.3.1. Market driver analysis
3.3.2. Market restraint analysis
3.4. Nerve Monitoring Devices Market Analysis Tools
3.4.1. Industry Analysis - Porter’s
3.4.1.1. Supplier power
3.4.1.2. Buyer power
3.4.1.3. Substitution threat
3.4.1.4. Threat of new entrant
3.4.1.5. Competitive rivalry
3.4.2. PESTEL Analysis
3.4.2.1. Political landscape
3.4.2.2. Technological landscape
3.4.2.3. Economic landscape
Chapter 4. Nerve Monitoring Devices: Product Estimates & Trend Analysis
4.1. Nerve Monitoring Devices Market: Key Takeaways
4.2. Nerve Monitoring Devices Market: Movement & Market Share Analysis, 2022 & 2030
4.3. Monitors
4.3.1. Monitors market estimates and forecasts, 2018 to 2030 (USD Million)
4.4. Electrodes
4.4.1. Electrodes market estimates and forecasts, 2018 to 2030 (USD Million)
4.5. Ancillary Products
4.5.1. Ancillary products market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 5. Nerve Monitoring Devices: Technology Estimates & Trend Analysis
5.1. Nerve Monitoring Devices Market: Key Takeaways
5.2. Nerve Monitoring Devices Market: Movement & Market Share Analysis, 2022 & 2030
5.3. Electroencephalography (EEG)
5.3.1. Electroencephalography market estimates and forecasts, 2018 to 2030 (USD Million)
5.4. Evoked Potential
5.4.1. Evoked potential market estimates and forecasts, 2018 to 2030 (USD Million)
5.4.2. Somatosensory evoked potentials (SSEP)
5.4.2.1. Somatosensory evoked potentials market estimates and forecasts, 2018 to 2030 (USD Million)
5.4.3. Transcranial electrical motor evoked potentials (TCeMEP)
5.4.3.1. Transcranial electrical motor evoked potentials market estimates and forecasts, 2018 to 2030 (USD Million)
5.4.4. Brainstem auditory evoked potentials (BAEP)
5.4.4.1. Brainstem auditory evoked potentials market estimates and forecasts, 2018 to 2030 (USD Million)
5.4.5. Visual evoked potentials (VEP)
5.4.5.1. Visual evoked potentials market estimates and forecasts, 2018 to 2030 (USD Million)
5.5. Electromyography (EMG)
5.5.1. Electromyography market estimates and forecasts, 2018 to 2030 (USD Million)
5.6. Electrocorticography (ECoG)
5.6.1. Electrocorticography market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 6. Nerve Monitoring Devices Market: Regional Estimates & Trend Analysis
6.1. Regional Outlook
6.2. Nerve Monitoring Devices Market by Region: Key Takeaways
6.3. North America
6.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.3.2. U.S.
6.3.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.3.3. Canada
6.3.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.4. Europe
6.4.1. UK
6.4.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.4.2. Germany
6.4.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.4.3. France
6.4.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.4.4. Italy
6.4.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.4.5. Spain
6.4.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.4.6. Sweden
6.4.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.4.7. Norway
6.4.7.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.4.8. Denmark
6.4.8.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.5. Asia Pacific
6.5.1. Japan
6.5.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.5.2. China
6.5.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.5.3. India
6.5.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.5.4. Australia
6.5.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.5.5. Thailand
6.5.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.5.6. South Korea
6.5.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.6. Latin America
6.6.1. Brazil
6.6.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.6.2. Mexico
6.6.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.6.3. Argentina
6.6.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.7. MEA
6.7.1. Saudi Arabia
6.7.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.7.2. South Africa
6.7.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.7.3. UAE
6.7.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.7.4. Kuwait
6.7.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
Chapter 7. Competitive Landscape
7.1. Recent Developments & Impact Analysis, By Key Market Participants
7.2. Market Participant Categorization
7.2.1. Medtronic Plc.
7.2.1.1. Company overview
7.2.1.2. Financial performance
7.2.1.3. Product benchmarking
7.2.1.4. Strategic initiatives
7.2.2. NuVasive, Inc.
7.2.2.1. Company overview
7.2.2.2. Financial performance
7.2.2.3. Product benchmarking
7.2.2.4. Strategic initiatives
7.2.3. Natus Medical Inc.
7.2.3.1. Company overview
7.2.3.2. Financial performance
7.2.3.3. Product benchmarking
7.2.3.4. Strategic initiatives
7.2.4. Neuspera Medical
7.2.4.1. Company overview
7.2.4.2. Financial performance
7.2.4.3. Product benchmarking
7.2.4.4. Strategic initiatives
7.2.5. Langer Medical GmbH
7.2.5.1. Company overview
7.2.5.2. Financial performance
7.2.5.3. Product benchmarking
7.2.5.4. Strategic initiatives
7.2.6. Neurosign Surgical
7.2.6.1. Company overview
7.2.6.2. Financial performance
7.2.6.3. Product benchmarking
7.2.6.4. Strategic initiatives
7.2.7. Cadwell Laboratories
7.2.7.1. Company overview
7.2.7.2. Financial performance
7.2.7.3. Product benchmarking
7.2.7.4. Strategic initiatives
7.2.8. Compumedics Limited
7.2.8.1. Company overview
7.2.8.2. Financial performance
7.2.8.3. Product benchmarking
7.2.8.4. Strategic initiatives
7.2.9. Electrical Geodesics Inc
7.2.9.1. Company overview
7.2.9.2. Financial performance
7.2.9.3. Product benchmarking
7.2.9.4. Strategic initiatives
7.2.10. Nihon Kohden
7.2.10.1. Company overview
7.2.10.2. Financial performance
7.2.10.3. Product benchmarking
7.2.10.4. Strategic initiatives
List of Tables
Table 1 List of Abbreviations
Table 2 North America nerve monitoring devices market, by product, 2018 - 2030 (USD Million)
Table 3 North America nerve monitoring devices market, by technology, 2018 - 2030 (USD Million)
Table 4 North America nerve monitoring devices market, by region, 2018 - 2030 (USD Million)
Table 5 U.S. nerve monitoring devices market, by product, 2018 - 2030 (USD Million)
Table 6 U.S. nerve monitoring devices market, by technology, 2018 - 2030 (USD Million)
Table 7 Canada nerve monitoring devices market, by product, 2018 - 2030 (USD Million)
Table 8 Canada nerve monitoring devices market, by technology, 2018 - 2030 (USD Million)
Table 9 Europe nerve monitoring devices market, by product, 2018 - 2030 (USD Million)
Table 10 Europe nerve monitoring devices market, by technology, 2018 - 2030 (USD Million)
Table 11 Europe nerve monitoring devices market, by region, 2018 - 2030 (USD Million)
Table 12 Germany nerve monitoring devices market, by product, 2018 - 2030 (USD Million)
Table 13 Germany nerve monitoring devices market, by technology, 2018 - 2030 (USD Million)
Table 14 UK nerve monitoring devices market, by product, 2018 - 2030 (USD Million)
Table 15 UK nerve monitoring devices market, by technology, 2018 - 2030 (USD Million)
Table 16 France nerve monitoring devices market, by product, 2018 - 2030 (USD Million)
Table 17 France nerve monitoring devices market, by technology, 2018 - 2030 (USD Million)
Table 18 Italy nerve monitoring devices market, by product, 2018 - 2030 (USD Million)
Table 19 Italy nerve monitoring devices market, by technology, 2018 - 2030 (USD Million)
Table 20 Spain nerve monitoring devices market, by product, 2018 - 2030 (USD Million)
Table 21 Spain nerve monitoring devices market, by technology, 2018 - 2030 (USD Million)
Table 22 Sweden nerve monitoring devices market, by product, 2018 - 2030 (USD Million)
Table 23 Sweden nerve monitoring devices market, by technology, 2018 - 2030 (USD Million)
Table 24 Norway nerve monitoring devices market, by product, 2018 - 2030 (USD Million)
Table 25 Norway nerve monitoring devices market, by technology, 2018 - 2030 (USD Million)
Table 26 Denmark nerve monitoring devices market, by product, 2018 - 2030 (USD Million)
Table 27 Denmark nerve monitoring devices market, by technology, 2018 - 2030 (USD Million)
Table 28 Asia Pacific nerve monitoring devices market, by product, 2018 - 2030 (USD Million)
Table 29 Asia Pacific nerve monitoring devices market, by technology, 2018 - 2030 (USD Million)
Table 30 Asia Pacific nerve monitoring devices market, by region, 2018 - 2030 (USD Million)
Table 31 China nerve monitoring devices market, by product, 2018 - 2030 (USD Million)
Table 32 China nerve monitoring devices market, by technology, 2018 - 2030 (USD Million)
Table 33 Japan nerve monitoring devices market, by product, 2018 - 2030 (USD Million)
Table 34 Japan nerve monitoring devices market, by technology, 2018 - 2030 (USD Million)
Table 35 India nerve monitoring devices market, by product, 2018 - 2030 (USD Million)
Table 36 India nerve monitoring devices market, by technology, 2018 - 2030 (USD Million)
Table 37 Australia nerve monitoring devices market, by product, 2018 - 2030 (USD Million)
Table 38 Australia nerve monitoring devices market, by technology, 2018 - 2030 (USD Million)
Table 39 Thailand nerve monitoring devices market, by product, 2018 - 2030 (USD Million)
Table 40 Thailand nerve monitoring devices market, by technology, 2018 - 2030 (USD Million)
Table 41 South Korea nerve monitoring devices market, by product, 2018 - 2030 (USD Million)
Table 42 South Korea nerve monitoring devices market, by technology, 2018 - 2030 (USD Million)
Table 43 Latin America nerve monitoring devices market, by product, 2018 - 2030 (USD Million)
Table 44 Latin America nerve monitoring devices market, by technology, 2018 - 2030 (USD Million)
Table 45 Latin America nerve monitoring devices market, by region, 2018 - 2030 (USD Million)
Table 46 Brazil nerve monitoring devices market, by product, 2018 - 2030 (USD Million)
Table 47 Brazil nerve monitoring devices market, by technology, 2018 - 2030 (USD Million)
Table 48 Mexico nerve monitoring devices market, by product, 2018 - 2030 (USD Million)
Table 49 Mexico nerve monitoring devices market, by technology, 2018 - 2030 (USD Million)
Table 50 Argentina nerve monitoring devices market, by product, 2018 - 2030 (USD Million)
Table 51 Argentina nerve monitoring devices market, by technology, 2018 - 2030 (USD Million)
Table 52 Middle East and Africa nerve monitoring devices market, by product, 2018 - 2030 (USD Million)
Table 53 Middle East and Africa nerve monitoring devices market, by technology, 2018 - 2030 (USD Million)
Table 54 Middle East and Africa nerve monitoring devices market, by region, 2018 - 2030 (USD Million)
Table 55 South Africa nerve monitoring devices market, by product, 2018 - 2030 (USD Million)
Table 56 South Africa nerve monitoring devices market, by technology, 2018 - 2030 (USD Million)
Table 57 Saudi Arabia nerve monitoring devices market, by product, 2018 - 2030 (USD Million)
Table 58 Saudi Arabia nerve monitoring devices market, by technology, 2018 - 2030 (USD Million)
Table 59 UAE nerve monitoring devices market, by product, 2018 - 2030 (USD Million)
Table 60 UAE nerve monitoring devices market, by technology, 2018 - 2030 (USD Million)
Table 61 Kuwait nerve monitoring devices market, by product, 2018 - 2030 (USD Million)
Table 62 Kuwait nerve monitoring devices market, by technology, 2018 - 2030 (USD Million)
List of Figures
Fig. 1 Market research process
Fig. 2 Data triangulation techniques
Fig. 3 Primary research pattern
Fig. 4 Market research approaches
Fig. 5 Value-chain-based sizing & forecasting
Fig. 6 QFD modeling for market share assessment
Fig. 7 Market formulation & validation
Fig. 8 Nerve monitoring devices: Market outlook
Fig. 9 Nerve monitoring devices: Competitive insights
Fig. 10 Parent market outlook
Fig. 11 Related/ancillary market outlook
Fig. 12 Penetration and growth prospect mapping
Fig. 13 Industry value chain analysis
Fig. 14 Nerve monitoring devices market driver impact
Fig. 15 Nerve monitoring devices market restraint impact
Fig. 16 Nerve monitoring devices market strategic initiatives analysis
Fig. 17 Nerve monitoring devices market: Product movement analysis
Fig. 18 Nerve monitoring devices market: Product outlook and key takeaways
Fig. 19 Monitors market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 20 Electrodes market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 21 Ancillary products market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 22 Nerve monitoring devices market: Technology movement analysis
Fig. 23 Nerve monitoring devices market: Technology outlook and key takeaways
Fig. 24 Electroencephalogram (EEG) market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 25 Evoked potential market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 26 Somatosensory evoked potential (SSEP) market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 27 Transcranial electrical motor evoked potential (TCeMEP) market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 28 Brainstem auditory evoked potential (BAEP) market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 29 Visual evoked potential (VEP) market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 30 Electromyography (EMG) market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 31 Electrocorticography (ECoG) market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 32 Global nerve monitoring devices market: Regional movement analysis
Fig. 33 Global nerve monitoring devices market: Regional outlook and key takeaways
Fig. 34 North America market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 35 U.S. market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 36 Canada market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 37 Europe market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 38 UK market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 39 Germany market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 40 France market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 41 Italy market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 42 Spain market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 43 Sweden market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 44 Norway market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 45 Denmark market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 46 Asia Pacific market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 47 Japan market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 48 China market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 49 India market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 50 Australia market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 51 Thailand market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 52 South Korea market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 53 Latin America market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 54 Brazil market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 55 Mexico market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 56 Argentina market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 57 Middle East and Africa market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 58 Saudi Arabia market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 59 South Africa market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 60 UAE market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 61 Kuwait market estimates and forecasts, 2018 - 2030 (USD Million)

Companies Mentioned

  • Medtronic Plc.
  • NuVasive, Inc.
  • Natus Medical Inc.
  • Neuspera Medical
  • Langer Medical GmbH
  • Neurosign Surgical
  • Cadwell Laboratories
  • Compumedics Limited
  • Electrical Geodesics Inc
  • Nihon Kohden

Methodology

Loading
LOADING...

Table Information