Nerve Monitoring Devices Market Analysis By Products (Monitors, Electrodes, Ancillary Products), By Technology (EEG, Evoked Potential, EMG, ECoG) And Segment Forecasts To 2022

Published: Jan, 2016 | Pages: 95 | Publisher: Grand View Research
Industry: Medical Devices | Report Format: Electronic (PDF)

Global nerve monitoring devices market is expected to reach USD 1.9 billion by 2022 according to a new study by Grand View Research Inc. 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.

Further key findings from the study suggest:

Electroencephalography was the largest technology segment in 2014, 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 2014. 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 45.0% share in 2014. 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.

For instance, in January 2015, Natus Medical Inc. announced its entry in neurodiagnostics market through the acquisition of Global Neuro-Diagnostics, a provider of home-based EEG testing. This acquisition helped the company to widen the portfolio of nerve monitoring offerings.

Table of Content

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Nerve Monitoring Device Market- Industry Snapshot and Key Buying Criteria, 2014
Chapter 3. Nerve Monitoring Device Industry Outlook
3.1. Nerve monitoring devices market Segmentation
3.2. Nerve monitoring devices market Size and Growth Prospects
3.3. Nerve monitoring devices market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint Analysis
3.4. Key Opportunities Prioritized
3.5. Industry Analysis - Porter's
3.6. Nerve monitoring devices market PESTEL Analysis, 2014
Chapter 4. Nerve Monitoring Device Product Outlook
4.1. Nerve monitoring devices market Share By Product, 2014 & 2022
4.2. Monitors
4.2.1. Monitors Market Estimates and Forecasts, 2012 - 2022
4.3. Electrodes
4.3.1. Electrodes Market Estimates and Forecasts, 2012 - 2022
4.4. Ancillary Products
4.4.1. Ancillary Products Market Estimates and Forecasts, 2012 - 2022
Chapter 5. Nerve Monitoring Device Technology Outlook
5.1. Nerve monitoring devices market Share By Technology, 2014 & 2022
5.2. EEG (Electroencephalography)
5.2.1. EEG Market Estimates and Forecasts, 2012 - 2022
5.3. Evoked Potential
5.3.1. Evoked Potential Market Estimates and Forecasts, 2012 - 2022
5.3.2. SSEP (Somatosensory Evoked Potentials)
5.3.2.1. SSEP Market Estimates and Forecasts, 2012 - 2022
5.3.3. TCeMEP (Transcranial Electrical Motor Evoked Potentials)
5.3.3.1. TCeMEP Market Estimates and Forecasts, 2012 - 2022
5.3.4. BAEP (Brainstem Auditory Evoked Potentials)
5.3.4.1. BSEP Market Estimates and Forecasts, 2012 - 2022
5.3.5. VEP (Visual Evoked Potentials)
5.3.5.1. VEP Market Estimates and Forecasts, 2012 - 2022
5.4. EMG (Electromyography)
5.4.1. EMG Market Estimates and Forecasts, 2012 - 2022
5.5. Electrocorticography (ECoG)
5.5.1. ECoG Market Estimates and Forecasts, 2012 - 2022
Chapter 6. Nerve Monitoring Device Regional Outlook
6.1. Nerve monitoring devices market Share By Region, 2014 & 2022
6.2. North America
6.2.1. Market Estimates and Forecasts, by Products, 2012 - 2022 (USD Million)
6.2.1.1. U.S. Market Estimates and Forecasts
6.2.1.2. Canada Market Estimates and Forecasts
6.2.2. Market Estimates and Forecasts, by Technology, 2012 - 2022 (USD Million)
6.2.2.1. U.S. Market Estimates and Forecasts
6.2.2.2. Canada Market Estimates and Forecasts
6.3. Europe
6.3.1. Market Estimates and Forecasts, by Products, 2012 - 2022 (USD Million)
6.3.1.1. Germany Market Estimates and Forecasts
6.3.1.2. UK Market Estimates and Forecasts
6.3.2. Market Estimates and Forecasts, by Technology, 2012 - 2022 (USD Million)
6.3.2.1. Germany Market Estimates and Forecasts
6.3.2.2. UK Market Estimates and Forecasts
6.4. Asia Pacific
6.4.1. Market Estimates and Forecasts, by Products, 2012 - 2022 (USD Million)
6.4.1.1. Japan Market Estimates and Forecasts
6.4.1.2. China Market Estimates and Forecasts
6.4.2. Market Estimates and Forecasts, by Technology, 2012 - 2022 (USD Million)
6.4.2.1. Japan Market Estimates and Forecasts
6.4.2.2. China Market Estimates and Forecasts
6.5. Latin America
6.5.1. Market Estimates and Forecasts, by Product, 2012 - 2022 (USD Million)
6.5.1.1. Mexico Estimates and Forecasts
6.5.1.2. Brazil Estimates and Forecasts
6.5.2. Market Estimates and Forecasts, by Technology, 2012 - 2022 (USD Million)
6.5.2.1. Mexico Estimates and Forecasts
6.5.2.2. Brazil Estimates and Forecasts
6.6. MEA
6.6.1. Market Estimates and Forecasts, by Product, 2012 - 2022 (USD Million)
6.6.1.1. South Africa Estimates and Forecasts
6.6.1.2. Saudi Arabia Estimates and Forecasts
6.6.2. Market Estimates and Forecasts, by Technology, 2012 - 2022 (USD Million)
6.6.2.1. South Africa Estimates and Forecasts
6.6.2.2. Saudi Arabia Estimates and Forecasts
Chapter 7. Competitive Landscape
7.1. Medtronic Plc.
7.1.1. Company Overview
7.1.2. Financial Performance
7.1.3. Product Benchmarking
7.1.4. Strategic Initiatives
7.2. NuVasive, Inc.
7.2.1. Company Overview
7.2.2. Financial Performance
7.2.3. Product Benchmarking
7.2.4. Strategic Initiatives
7.3. Nihon Kohden
7.3.1. Company Overview
7.3.2. Financial Performance
7.3.3. Product Benchmarking
7.3.4. Strategic Initiatives
7.4. Natus Medical Inc.
7.4.1. Company Overview
7.4.2. Financial Performance
7.4.3. Product Benchmarking
7.4.4. Strategic Initiatives
7.5. Dr. Langer Medical GmbH
7.5.1. Company Overview
7.5.2. Financial Performance
7.5.3. Product Benchmarking
7.5.4. Strategic Initiatives
7.6. Neurosign Surgical
7.6.1. Company Overview
7.6.2. Financial Performance
7.6.3. Product Benchmarking
7.6.4. Strategic Initiatives
7.7. Neurowave Systems
7.7.1. Company Overview
7.7.2. Financial Performance
7.7.3. Product Benchmarking
7.7.4. Strategic Initiatives
7.8. Cadwell Laboratories
7.8.1. Company Overview
7.8.2. Financial Performance
7.8.3. Product Benchmarking
7.8.4. Strategic Initiatives
7.9. Compumedics Limited
7.9.1. Company Overview
7.9.2. Financial Performance
7.9.3. Product Benchmarking
7.9.4. Strategic Initiatives
7.10. Electrical Geodesics Inc.
7.10.1. Company Overview
7.10.2. Financial Performance
7.10.3. Product Benchmarking
7.10.4. Strategic Initiatives

List of Tables

1. Nerve monitoring devices market - Industry Summary & Key Buying Criteria 
2. Nerve monitoring device market, by product, 2012 - 2022 (USD million)
3. Nerve monitoring device market, by technology, 2012 - 2022 (USD million)
4. Nerve monitoring device market, by region, 2012 - 2022 (USD Million)
5. Nerve monitoring device - Key market driver analysis
6. Nerve monitoring device - Key market restraint analysis
7. North America nerve monitoring device market, by region 2012 - 2022 (USD Million)
8. North America nerve monitoring device market, by product 2012 - 2022 (USDMillion)
9. North America nerve monitoring device market, by technology 2012 - 2022 (USD Million)
10. North America evoked potential market, by types 2012 - 2022 (USD Million)
11. U.S. nerve monitoring device market, by product 2012 - 2022 (USD Million)
12. U.S. nerve monitoring device market, by technology 2012 - 2022 (USD Million)
13. U.S. evoked potential market, by types 2012 - 2022 (USD Million)
14. Canada nerve monitoring device market, by product 2012 - 2022 (USD Million)
15. Canada nerve monitoring device market, by technology 2012 - 2022 (USD Million)
16. Canada America evoked potential market, by types 2012 - 2022 (USD Million)
17. Europe nerve monitoring device market, by region 2012 - 2022 (USD Million)
18. Europe nerve monitoring device market, by product 2012 - 2022 (USD Million)
19. Europe nerve monitoring device market, by technology 2012 - 2022 (USD Million)
20. Europe evoked potential market, by types 2012 - 2022 (USD Million)
21. UK nerve monitoring device market, by product 2012 - 2022 (USD Million)
22. UK nerve monitoring device market, by technology 2012 - 2022 (USD Million)
23. UK evoked potential market, by types 2012 - 2022 (USD Million)
24. Germany nerve monitoring device market, by product 2012 - 2022 (USD Million)
25.Germany nerve monitoring device market, by technology 2012 - 2022 (USD Million)
26.Germany evoked potential market, by types 2012 - 2022 (USD Million)
27. Asia Pacific nerve monitoring device market, by region 2012 - 2022 (USD Million)
28. Asia Pacific nerve monitoring device market, by product 2012 - 2022 (USD Million)
29. Asia Pacific nerve monitoring device market, by technology 2012 - 2022 (USD Million)
30. Asia Pacific evoked potential market, by types 2012 - 2022 (USD Million)
31. Japan nerve monitoring device market, by product 2012 - 2022 (USD Million)
32. Japan nerve monitoring device market, by technology 2012 - 2022 (USD Million)
33. Japan evoked potential market, by types 2012 - 2022 (USD Million)
34. China nerve monitoring device market, by product 2012 - 2022 (USD Million)
35. China nerve monitoring device market, by technology 2012 - 2022 (USD Million)
36. China evoked potential market, by types 2012 - 2022 (USD Million)
37. Latin America nerve monitoring device market, by region 2012 - 2022 (USD Million)
38. Latin America nerve monitoring device market, by product 2012 - 2022 (USD Million)
39. Latin America nerve monitoring device market, by technology 2012 - 2022 (USD Million)
40. Latin America evoked potential market, by types 2012 - 2022 (USD Million)
41. Mexico nerve monitoring device market, by product 2012 - 2022 (USD Million)
42. Mexico nerve monitoring device market, by technology 2012 - 2022 (USD Million)
43. Mexico evoked potential market, by types 2012 - 2022 (USD Million)
44. Brazil nerve monitoring device market, by product 2012 - 2022 (USD Million)
45. Brazil nerve monitoring device market, by technology 2012 - 2022 (USD Million)
46. Brazil evoked potential market, by types 2012 - 2022 (USD Million)
47. MEA nerve monitoring device market, by region 2012 - 2022 (USD Million)
48. MEA nerve monitoring device market, by product 2012 - 2022 (USD Million)
49. MEA nerve monitoring device market, by technology 2012 - 2022 (USD Million)
50. MEA evoked potential market, by types 2012 - 2022 (USD Million)
51. South Africa nerve monitoring device market, by product 2012 - 2022 (USD Million)
52. South Africa nerve monitoring device market, by technology 2012 - 2022 (USD Million)
53. South Africa evoked potential market, by types 2012 - 2022 (USD Million)
54. Saudi Arabia nerve monitoring device market, by product 2012 - 2022 (USD Million)
55. Saudi Arabia nerve monitoring device market, by technology 2012 - 2022 (USD Million)
56. Saudi Arabia evoked potential market, by types 2012 - 2022 (USD Million)