The Europe Neuromonitoring Devices Market would witness market growth of 6.9% CAGR during the forecast period (2022-2028).
The market for neuromonitoring devices is anticipated to grow due to an increase in the prevalence of neurological diseases such epilepsy, Parkinson's disease, and Alzheimer's disease across all ages of individuals, particularly in the geriatric population. The market for neuromonitoring devices would be driven by an increase in brain injuries, neurodegenerative disorders, neurological disease incidence rates, and recent growth of brain monitoring in clinical research. Opportunities for market participants in neuromonitoring devices are anticipated to arise from increasing demand for non-invasive and non-destructive technology, growing clinical applications of neuromonitoring devices, and growing healthcare markets in emerging nations.
By sequentially dilating each psoas muscle as it passes into the disc space, neuromonitoring is carried out. The localizable EMG electrodes on the dilators can be used to deliver directional stimulation to pinpoint the location and angular orientation of the motor nerves concerning the dilators. A K-wire is then inserted into the disc space to lock the initial dilator's position once the C-arm has confirmed its placement in the lateral position. The goal is to land in roughly the middle of the disc space, anterior to the motor neurons of the lumbar plexus. The sequential dilators and retractor are then passed to rest flush with the disc space after the AP image has been obtained.
A strong healthcare system and an increase in non-invasive device certifications in the area are driving the demand for non-invasive technologies. New entrants and local players received CE mark authorization for their non-invasive devices throughout 2017–2018.
According to the European Academy of Neurology (EAN), there are approximately 307,859,199 neurological diseases present in European nations. They carry a high risk of adverse health outcomes, including hospitalization, institutionalization, institutional death, and disability. Degenerative illnesses like dementia and Parkinson's disease, strokes, migraines, and other neurological conditions are frequently present in older persons.
RCPsych portals went live on April 26, 2020, ABN portals went live on April 3, 2020, BASP portals on April 21, 2020, and ABN portals on April 2, 2020. The platforms were notified of 153 distinct cases that satisfied the clinical case criteria by doctors in the UK during this period, similar to the overall COVID-19 data from UK government public health organizations.
The Germany market dominated the Europe Neuromonitoring Devices Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $525.5 million by 2028. The UK market is experiencing a CAGR of 6% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 7.7% during (2022 - 2028).
Based on Product, the market is segmented into Doppler Ultrasound, EEG, Fetal/Neonatal Neuro-Monitoring Devices, Intracranial Pressure Monitoring, Cerebral Ox meter, Near Infrared Spectroscopy, Speckle Imaging, Micro Ultrasound, and Others. Based on End User, the market is segmented into Government, Energy, Defense, Agriculture & Forestry, Media & Entertainment, Civil Engineering & Archaeology, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Neuromonitoring Devices Market Size will Hit $8.2 Billion by 2028, at a CAGR of 7.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Electric (GE) Co. (GE Healthcare), Koninklijke Philips N.V., Medtronic PLC, Nihon Kohden Corporation, Natus Medical Incorporated, Nuvasive, Inc., Advanced Brain Monitoring, Inc., Intranerve Neuroscience Holdings, Llc, Specialtycare, and RIMED Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Doppler Ultrasound
- EEG
- Fetal/Neonatal Neuro-Monitoring Devices
- Intracranial Pressure Monitoring
- Cerebral Oximeter
- Near Infrared Spectroscopy
- Speckle Imaging
- Micro Ultrasound
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- General Electric (GE) Co. (GE Healthcare)
- Koninklijke Philips N.V.
- Medtronic PLC
- Nihon Kohden Corporation
- Natus Medical Incorporated
- Nuvasive, Inc.
- Advanced Brain Monitoring, Inc.
- Intranerve Neuroscience Holdings, Llc
- Specialtycare
- RIMED Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Neuromonitoring Devices Market, by Product
1.4.2 Europe Neuromonitoring Devices Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Neuromonitoring Device Market
Chapter 4. Europe Neuromonitoring Devices Market by Product
4.1 Europe Doppler Ultrasound Market by Country
4.2 Europe EEG Market by Country
4.3 Europe Fetal/Neonatal Neuro-Monitoring Devices Market by Country
4.4 Europe Intracranial Pressure Monitoring Market by Country
4.5 Europe Cerebral Oximeter Market by Country
4.6 Europe Near Infrared Spectroscopy Market by Country
4.7 Europe Speckle Imaging Market by Country
4.8 Europe Micro Ultrasound Market by Country
4.9 Europe Others Market by Country
Chapter 5. Europe Neuromonitoring Devices Market by Country
5.1 Germany Neuromonitoring Devices Market
5.1.1 Germany Neuromonitoring Devices Market by Product
5.2 UK Neuromonitoring Devices Market
5.2.1 UK Neuromonitoring Devices Market by Product
5.3 France Neuromonitoring Devices Market
5.3.1 France Neuromonitoring Devices Market by Product
5.4 Russia Neuromonitoring Devices Market
5.4.1 Russia Neuromonitoring Devices Market by Product
5.5 Spain Neuromonitoring Devices Market
5.5.1 Spain Neuromonitoring Devices Market by Product
5.6 Italy Neuromonitoring Devices Market
5.6.1 Italy Neuromonitoring Devices Market by Product
5.7 Rest of Europe Neuromonitoring Devices Market
5.7.1 Rest of Europe Neuromonitoring Devices Market by Product
Chapter 6. Company Profiles
6.1 Medtronic PLC
6.1.1 Company overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expenses
6.1.5 Recent strategies and developments:
6.1.5.1 Approvals and Trials:
6.1.5.2 Acquisition and Mergers:
6.2 NuVasive, Inc.
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Regional Analysis
6.2.4 Research & Development Expense
6.2.5 Recent strategies and developments:
6.2.5.1 Partnerships, Collaborations, and Agreements:
6.2.5.2 Approvals and Trials:
6.3 General Electric (GE) Co. (GE Healthcare)
6.3.1 Company Overview
6.3.2 Segmental and Regional Analysis
6.3.3 Research & Development Expense
6.3.4 Recent strategies and developments:
6.3.4.1 Partnerships, Collaborations, and Agreements:
6.3.5 SWOT Analysis
6.4 Natus Medical Incorporated
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Regional & Segmental Analysis
6.4.4 Research & Development Expenses
6.5 Koninklijke Philips N.V.
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 Research & Development Expense
6.5.5 Recent strategies and developments:
6.5.5.1 Acquisition and Mergers:
6.6 SpecialtyCare
6.6.1 Company Overview
6.6.2 Recent strategies and developments:
6.6.2.1 Acquisition and Mergers:
6.7 Nihon Kohden Corporation
6.7.1 Company Overview
6.8 Advanced Brain Monitoring, Inc.
6.8.1 Company Overview
6.9 IntraNerve Neuroscience Holdings, LLC
6.9.1 Company Overview
6.10. Rimed Ltd.
6.10.1 Company Overview
TABLE 1 Europe Neuromonitoring Devices Market, 2018 - 2021, USD Million
TABLE 2 Europe Neuromonitoring Devices Market, 2022 - 2028, USD Million
TABLE 3 Europe Neuromonitoring Devices Market by Product, 2018 - 2021, USD Million
TABLE 4 Europe Neuromonitoring Devices Market by Product, 2022 - 2028, USD Million
TABLE 5 Europe Doppler Ultrasound Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Doppler Ultrasound Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe EEG Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe EEG Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Fetal/Neonatal Neuro-Monitoring Devices Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Fetal/Neonatal Neuro-Monitoring Devices Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Intracranial Pressure Monitoring Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Intracranial Pressure Monitoring Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Cerebral Oximeter Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Cerebral Oximeter Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Near Infrared Spectroscopy Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Near Infrared Spectroscopy Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Speckle Imaging Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Speckle Imaging Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Micro Ultrasound Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Micro Ultrasound Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Neuromonitoring Devices Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Neuromonitoring Devices Market by Country, 2022 - 2028, USD Million
TABLE 25 Germany Neuromonitoring Devices Market, 2018 - 2021, USD Million
TABLE 26 Germany Neuromonitoring Devices Market, 2022 - 2028, USD Million
TABLE 27 Germany Neuromonitoring Devices Market by Product, 2018 - 2021, USD Million
TABLE 28 Germany Neuromonitoring Devices Market by Product, 2022 - 2028, USD Million
TABLE 29 UK Neuromonitoring Devices Market, 2018 - 2021, USD Million
TABLE 30 UK Neuromonitoring Devices Market, 2022 - 2028, USD Million
TABLE 31 UK Neuromonitoring Devices Market by Product, 2018 - 2021, USD Million
TABLE 32 UK Neuromonitoring Devices Market by Product, 2022 - 2028, USD Million
TABLE 33 France Neuromonitoring Devices Market, 2018 - 2021, USD Million
TABLE 34 France Neuromonitoring Devices Market, 2022 - 2028, USD Million
TABLE 35 France Neuromonitoring Devices Market by Product, 2018 - 2021, USD Million
TABLE 36 France Neuromonitoring Devices Market by Product, 2022 - 2028, USD Million
TABLE 37 Russia Neuromonitoring Devices Market, 2018 - 2021, USD Million
TABLE 38 Russia Neuromonitoring Devices Market, 2022 - 2028, USD Million
TABLE 39 Russia Neuromonitoring Devices Market by Product, 2018 - 2021, USD Million
TABLE 40 Russia Neuromonitoring Devices Market by Product, 2022 - 2028, USD Million
TABLE 41 Spain Neuromonitoring Devices Market, 2018 - 2021, USD Million
TABLE 42 Spain Neuromonitoring Devices Market, 2022 - 2028, USD Million
TABLE 43 Spain Neuromonitoring Devices Market by Product, 2018 - 2021, USD Million
TABLE 44 Spain Neuromonitoring Devices Market by Product, 2022 - 2028, USD Million
TABLE 45 Italy Neuromonitoring Devices Market, 2018 - 2021, USD Million
TABLE 46 Italy Neuromonitoring Devices Market, 2022 - 2028, USD Million
TABLE 47 Italy Neuromonitoring Devices Market by Product, 2018 - 2021, USD Million
TABLE 48 Italy Neuromonitoring Devices Market by Product, 2022 - 2028, USD Million
TABLE 49 Rest of Europe Neuromonitoring Devices Market, 2018 - 2021, USD Million
TABLE 50 Rest of Europe Neuromonitoring Devices Market, 2022 - 2028, USD Million
TABLE 51 Rest of Europe Neuromonitoring Devices Market by Product, 2018 - 2021, USD Million
TABLE 52 Rest of Europe Neuromonitoring Devices Market by Product, 2022 - 2028, USD Million
TABLE 53 Key Information – Medtronic PLC
TABLE 54 Key Information – NuVasive, Inc.
TABLE 55 Key Information – General Electric (GE) Co.
TABLE 56 Key Information – Natus Medical Incorporated
TABLE 57 Key Information – Koninklijke Philips N.V.
TABLE 58 Key Information – SpecialtyCare
TABLE 59 key Information – Nihon Kohden Corporation
TABLE 60 Key Information – Advanced Brain Monitoring, Inc.
TABLE 61 Key Information – IntraNerve Neuroscience Holdings, LLC
TABLE 62 Key Information – Rimed Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Medtronic Plc
FIG 3 Recent strategies and developments: Nuvasive, Inc.
FIG 4 Swot analysis: General electric (GE) Co.