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Neurological Monitoring Devices Market

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Global Neurological Monitoring Devices Market was worth USD 7.4 billion in 2016 and estimated to be growing at a CAGR of 7.1%, to reach USD 10.43 billion by 2021.
Neurological Monitoring Devices are the latest trend in the neurological Market
Overview
Intraoperative neurophysiological tracking (IONM) or intraoperative Neuromonitoring is the use of
electrophysiological strategies which includes electroencephalography (EEG), electromyography (EMG)
to screen the functional integrity of positive neural structures (e.g., nerves, spinal wire, and elements of
the brain) throughout the surgical operation. The motive of IONM is to lessen the threat to the patient,
and/or to offer practical guidance to the general practitioner and anesthesiologist.
Neuromonitoring employs diverse electrophysiological modalities, together with the extracellular single
unit and nearby area recordings, SSEP, transcranial electrical motor evoked potentials (TCeMEP), EEG,
EMG, and auditory brainstem reaction (ABR). For a given surgical treatment, the set of modalities used
depends on the element on which neural structures are a threat. Transcranial Doppler imaging (TCDI) is
likewise turning into a more widely used modality to locate vascular emboli. These techniques have
drastically reduced the charges of morbidity and mortality without introducing extra risks.
To perform those goals, a member of the surgical crew with special schooling in neurophysiology
obtains and co-translates precipitated and spontaneous electrophysiological alerts from the patient
periodically or continuously throughout the path of the operation. In an understandable manner, a
neurophysiologist attaches a computer machine to the affected person the use of stimulating and
recording electrodes. Interactive software program going for walks at the device consists of out two
duties: Selective activation of stimulating electrodes with appropriate timing, and processing and
displaying of the electrophysiological indicators as they may be picked up by way of the recording
electrodes.
The neurophysiologist can thus observe and record the electrophysiological signals in actual-time within
the working area during the surgical operation. The signals trade in step with different factors, inclusive
of anesthesia, tissue temperature, surgical level, and tissue stresses. This device can be used for various
neurological ailments and disorder for better recovery of the patient.
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neurological-monitoring-devices-market-2232/request-sample
Key trends and restrains
The increasing incidence of neurological disorders, along with stroke, ischemic stroke, migraine,
epilepsy, dementia, Parkinson’s sicknesses, and anxiety headache is the main driving force for this
market. The high cost-effectiveness and portability of such gadgets are the key drivers for the growth of
this market. With regards to this market, analysts have determined that Neurological Monitoring
Devices are worthy whilst in comparison to opportunity clinical imaging equipment like CT experiment
and MRI. Therefore, it may be envisioned that the usage of these gadgets in small diagnostic clinics and
centers will grow substantially in the course of the forecast period.
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neurological-monitoring-devices-market-2232/
Demographically
The market is segmented geographically into North America, Europe, Asia Pacific, Latin America, Middle
East and Africa. North America dominates the market with a global share of around 28%. The overall
market is to witness a growth of CAGR of 7.1% and a forecasted market value of USD 10.43 billion by
2021
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neurological-monitoring-devices-market-2232/customize-report
Key market players include CAS Medical Systems Inc., Compumedics Ltd., Natus Medical Inc., Philips
Healthcare, GE Healthcare, AMD Global Telemedicine, Intel Corporation, Johnson & Johnson, InTouch
Health, InTechnology, MEG International Services Ltd., Rimed Inc., Siemens Healthcare, Medtronic Inc.,
Electrical Geodesics Incorporated, Nihon Kohden Corporation and Advanced Brain Monitoring.
The scope of the report provides:
The evaluation of the current market for your product or services and the future implications of the
market
Addresses the opportunities by better understanding the market through size estimates and growth rate
analysis to forecast the market for the future
Extensive segmentation to understand the dynamics of market at a very granular level by splitting down
the market to the smallest segment
Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of
providing insights for gaining market share
The factors responsible for the shaping of the industry as it is as a result of competitive environment is
analyzed through Porter’s Five Forces
The effects of political, economic, social, technological, legal and environmental factors on the industry
is analyzed through PESTLE analysis to better understand the aspects of strategic management required
to comply with the exogenous and endogenous factors
Strategic evaluation of the key players to gain insights of their performance allowing access to their
product portfolio, financial performance and the strengths of their business strategic developments
Comparative study of the firms across the industry measuring their performances based on market
share and recent activities in order to achieve competitive intelligence
Equip you with the information providing with the investment opportunities in the industry
Looking for more? If you are in need of a specific research study, we have an expertise in undertaking a
customized study and will aid to meet your research requirement to the fullest.
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