Why Demand for Intraoperative Neuromonitoring Is Driven by Growing Acceptance of IONM?

The global intraoperative neuromonitoring market is on the track to generating huge revenue by the end of this decade. The growing elderly population, the prevalence of chronic diseases, the use of intraoperative neuromonitoring in a variety of surgical procedures, and the reduction of risk during complicated procedures are all factors propelling the market's expansion.

A crucial treatment that aids in risk control during difficult surgical operations is spinal intraoperative neuromonitoring. By using intraoperative neuromonitoring during a surgical operation, the chances of damage to neurophysiological important nerve structures or potential impairment of nerve function due to poor placement of the patient are reduced.

Numerous intraoperative neuromonitoring techniques can be used to identify nerve structures and guard against possible damage. To focus on improving the intervention without endangering the neurological structures, intraoperative neuromonitoring is a crucial type of tech. Therefore, the intraoperative neuromonitoring market is anticipated to develop as a result of possible risk management.

Moreover, as spine surgery is one of the medical tourism industry's fastest expanding specialties, developing medical tourism presents a significant potential for producers of intraoperative neuromonitoring services and products. The use of intraoperative neuromonitoring via medical travel might enhance surgical results everywhere. Patients who travel for medical treatment frequently make decisions about the care they get as both consumers and consumers.

As a result, the requirement for intraoperative neuromonitoring among patients traveling for medical treatment may lead to an increase in the usage of such devices in hospitals. Additionally, the use of intraoperative neuromonitoring during operations would be more widely recognized because of medical tourism.

North America accounts for the largest share of the intraoperative neuromonitoring market and is expected to continue to lead the global market in the coming years. This is mainly because neurological disorders are becoming more common, intraoperative neuromonitoring is being used more frequently, there is a highly developed healthcare infrastructure, and there is a favorable reimbursement structure for intraoperative neuromonitoring solutions.

Due to the region's large population base, unmet medical requirements, and rising disposable budgets, APAC has the potential to grow as a market for intraoperative neuromonitoring. The region is also a viable market for IONM due to technical improvements and medical tourism. Moreover, APAC intraoperative neuromonitoring market would see the fastest demand increase in this decade.

Vascular surgery, spinal surgery, orthopedic surgery, neurosurgery, ENT surgery, and other operations are included in the IONM applications. Orthopedic surgery is predicted to have the highest rise in demand among the IONM applications currently available in the coming year. Moreover, hospitals, which contributed more than $2 billion in past years, dominate the intraoperative neuromonitoring market in terms of end-users. The main reason for its enormous market share is the presence of several hospitals.

Hence, the growing application of IONM for several surgeries is affecting the demand for intraoperative neuromonitoring.

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