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Nerve Monitoring Devices Industry Share and Size, Market Analysis, Trends and Growth, End-use And Segment Forecasts To 2022
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 roundthe-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. Browse Detail Report With TOC @ http://www.hexareports.com/report/nerve-monitoring-devicesmarket/details 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
Hexa Reports Market Research Reports and Insightful Company Profiles 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. Request A Sample copy of This Report @ http://www.hexareports.com/sample/98294 Table of Contents 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
Hexa Reports Market Research Reports and Insightful Company Profiles 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 Browse Full Report @ http://www.hexareports.com/report/nerve-monitoring-devices-market/details About Us: Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Information: Ryan Shaw Felton Office Plaza, 6265 Highway 9, Felton, California, 95018, United States Phone Number 1-800-489-3075 Email Us: sales@hexareports.com Our Website: http://www.hexareports.com/ Visit Our Blogs: http://hexareports.blogspot.in