Market Overview

The Global Intraoperative Neuromonitoring (IONM) Market was valued at USD 5,438.3 million in 2023 and is expected to reach USD 9,000.4 million by 2031 while growing at a CAGR of 6.5% during the forecast period (2024-2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global intraoperative neuromonitoring (IONM) market growth. Intraoperative neuromonitoring (IONM) is used during surgery to evaluate the condition of neural structures and patient consciousness. It involves ongoing monitoring and identification of crucial neural areas. The primary purpose of IONM is to detect any neural disturbances as they occur, enabling timely actions to either prevent or greatly reduce permanent neurological damage and avert post-surgical neurological impairments.

The growth of the market is driven by an increase in surgical volume and complexity, heightened awareness of patient safety, and favorable regulatory and reimbursement policies. However, factors such as high costs and budget constraints, along with a shortage of skilled professionals, hinder market expansion.

Furthermore, the global intraoperative neuromonitoring (IONM) industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Product and Services Analysis

The Global Intraoperative Neuromonitoring (IONM) Market is segmented among Systems, Accessories, Services, based on Product and Services. In 2023, Systems accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Source Type Analysis

The Global Intraoperative Neuromonitoring (IONM) Market is segmented among Insourced Monitoring, and Outsourced Monitoring, based on Source Type. In 2023, Insourced Monitoring accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Intraoperative Neuromonitoring (IONM) Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Computational Diagnostics Inc., Inomed Medizintechnik GmbH, Neuro Alert, Medtronic PLC, Natus Medical Incorporated, Neuro Style., Nihon Kohden Corporation, Nuvasive Inc., Specialty Care Inc., and Technomed.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Intraoperative Neuromonitoring (IONM) Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Intraoperative Neuromonitoring (IONM) Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Intraoperative Neuromonitoring (IONM) Market Segmentation, By Product and Services

• Global Intraoperative Neuromonitoring (IONM) Market Share Analysis, By Product and Services

• Global Intraoperative Neuromonitoring (IONM) Market Growth Analysis, By Product and Services

• Global Intraoperative Neuromonitoring (IONM) Market Trends, By Product and Services

o  Systems

o Accessories

o Services Application

6. Global Intraoperative Neuromonitoring (IONM) Market Segmentation, By Source Type

• Global Intraoperative Neuromonitoring (IONM) Market Share Analysis, By Source Type

• Global Intraoperative Neuromonitoring (IONM) Market Growth Analysis, By Source Type

• Global Intraoperative Neuromonitoring (IONM) Market Trends, By Source Type

o Insourced Monitoring

o Outsourced Monitoring

7. Global Intraoperative Neuromonitoring (IONM) Market Segmentation, By Application

• Global Intraoperative Neuromonitoring (IONM) Market Share Analysis, By Application

• Global Intraoperative Neuromonitoring (IONM) Market Growth Analysis, By Application

• Global Intraoperative Neuromonitoring (IONM) Market Trends, By Application

o Spinal Surgery

o Neurosurgery

o Orthopedic Surgery

o ENT Surgery

o Vascular Surgery

o Others

8. Global Intraoperative Neuromonitoring (IONM) Market Segmentation, By End User

• Global Intraoperative Neuromonitoring (IONM) Market Share Analysis, By End User

• Global Intraoperative Neuromonitoring (IONM) Market Growth Analysis, By End User

• Global Intraoperative Neuromonitoring (IONM) Market Trends, By End User

o Hospitals

o Ambulatory Surgical Centers (ASCs)

9. Global Intraoperative Neuromonitoring (IONM) Market Segmentation, By Region

• Global Intraoperative Neuromonitoring (IONM) Market Share Analysis, By Region

• Global Intraoperative Neuromonitoring (IONM) Market Growth Analysis, By Region

• Global Intraoperative Neuromonitoring (IONM) Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

10. Competitive Landscape

• Computational Diagnostics Inc.*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Inomed Medizintechnik GmbH

• Neuro Alert

• Medtronic PLC

• Natus Medical Incorporated

• Neuro Style.

• Nihon Kohden Corporation

• Nuvasive Inc.

• Specialty Care Inc.

• Technomed

*Similar analysis will be provided for each company listed above.