SAN FRANCISCO, March 1, 2017 /PRNewswire/ --
The global Intraoperative Neuromonitoring (IONM) market is expected to reach USD 3.6 billion by 2025, based on a new report by Grand View Research, Inc. The intraoperative neuromonitoring market is anticipated to witness significant growth in the forecast period, which can be attributed to the hospitals adopting intraoperative monitoring in a wide spectrum of surgeries.
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Major surgeries pose a risk to the nervous system that necessitates neuromonitoring. This has resulted in growing popularity of intraoperative neuromonitoring amongst surgical teams, surgeons, and hospitals. It results in reduced cases of revision surgeries, postoperative complications, and permanent impairment.
Industry players are acquiring smaller companies to expand their product offerings and geographical presence. For instance, in June 2016, Biotronic NeuroNetwork, LLC, headquartered in Michigan, was acquired by NuVasive, Inc., in a transaction worth USD 98 million.
Browse full research report with TOC on "Intraoperative Neuromonitoring (IONM) Market Size & Forecast By Type (Insource IONM, Outsource IONM), By Region (North America [U.S., Canada], Europe [UK, Germany], Asia Pacific [Japan, China], Latin America [Brazil, Mexico], MEA [South Africa]), And Trend Analysis From 2014 - 2025" at: http://www.grandviewresearch.com/industry-analysis/intraoperative-neuromonitoring-market
Further key findings from the report suggest:
Browse related reports by Grand View Research:
Grand View Research has segmented the intraoperative neuromonitoring (IONM) market by type and region:
Read Our Blog: http://www.grandviewresearch.com/blog/intraoperative-neuromonitoring-ionm-market-size
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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Grand View Research, Inc
Phone: 1-415-349-0058
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Email: sales@grandviewresearch.com
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