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PUBLISHER: KBV Research | PRODUCT CODE: 1374218

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PUBLISHER: KBV Research | PRODUCT CODE: 1374218

North America Nerve Monitoring Devices Market Size, Share & Industry Trends Analysis Report By Technology, By Product (Monitors, Electrodes, and Ancillary Products), By Country and Growth Forecast, 2023 - 2030

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The North America Nerve Monitoring Devices Market would witness market growth of 4.1% CAGR during the forecast period (2023-2030).

Major market participants significantly invest in research and development (R&D) to maintain their market position. In addition, there is an increase in public and private funding for developing well-equipped healthcare systems in developing nations, which compels the leading players to expand their operations and produce more nerve-monitoring devices. Companies in this market may also offer services such as installation, training, and maintenance of nerve monitoring equipment. Nerve monitoring devices can be used in a variety of medical procedures.

They monitor nerve function during brain and spinal cord surgeries to prevent damage to critical nerves. In procedures involving the head and neck, such as thyroid surgery, facial nerve monitoring is crucial to prevent damage to facial nerves. For example, monitoring nerves during orthopaedic procedures can help prevent nerve damage during joint replacement surgeries. The market is competitive, including established medical device companies and smaller, specialized manufacturers. Market dynamics can vary by region, with some areas experiencing higher demand due to local healthcare trends and demographics.

North America is a hub for medical device innovation, with numerous companies continuously developing and launching advanced nerve monitoring devices. These technological advancements have improved nerve monitoring systems' accuracy, ease of use, and functionality, making them more appealing to healthcare providers. The region has witnessed a steady increase in surgical procedures, including orthopaedic, neurosurgery, and ENT surgeries. Nerve monitoring devices are increasingly used in these procedures to reduce the risk of nerve damage and improve patient outcomes. North America's significant aging population has increased the demand for medical interventions, including surgeries. Older individuals are more prone to age-related neurological conditions, making nerve monitoring crucial in their healthcare.

The US region dominated the North America Nerve Monitoring Devices Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $535.2 Million by 2030. The Canada region is experiencing a CAGR of 6.5% during (2023 - 2030). Additionally, The Mexico region would exhibit a CAGR of 5.6% during (2023 - 2030).

Based on Technology, the market is segmented into Electroencephalogram (EEG), Electromyography (EMG), Electrocorticography (ECoG), and Evoked Potential (Somatosensory Evoked Potentials (SSEP), Transcranial Electrical Motor Evoked Potentials (TCeMEP), Brainstem Auditory Evoked Potentials (BAEP), Visual Evoked Potentials (VEP)). Based on Product, the market is segmented into Monitors, Electrodes, and Ancillary Products. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Medtronic PLC, NuVasive, Inc., Natus Medical Inc., Neuspera Medical, Inc., Brainlab AG, Checkpoint Surgical, Inc., Cadwell Industries, Inc., Compumedics Limited, Magstim EGI (Magstim, Inc.), and Nihon Kohden Corporation.

Scope of the Study

Market Segments covered in the Report:

By Technology

  • Electroencephalogram (EEG)
  • Electromyography (EMG)
  • Electrocorticography (ECoG)
  • Evoked Potential
    • Somatosensory Evoked Potentials (SSEP)
    • Transcranial Electrical Motor Evoked Potentials (TCeMEP)
    • Brainstem Auditory Evoked Potentials (BAEP)
    • Visual Evoked Potentials (VEP)

By Product

  • Monitors
  • Electrodes
  • Ancillary Products

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Companies Profiled

  • Medtronic PLC
  • NuVasive, Inc.
  • Natus Medical Inc.
  • Neuspera Medical, Inc.
  • Brainlab AG
  • Checkpoint Surgical, Inc.
  • Cadwell Industries, Inc.
  • Compumedics Limited
  • Magstim EGI (Magstim, Inc.)
  • Nihon Kohden Corporation

Unique Offerings from KBV Research

  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology

  • 1.1 Market Definition
  • 1.2 Objectives
  • 1.3 Market Scope
  • 1.4 Segmentation
    • 1.4.1 North America Nerve Monitoring Devices Market, by Technology
    • 1.4.2 North America Nerve Monitoring Devices Market, by Product
    • 1.4.3 North America Nerve Monitoring Devices Market, by Country
  • 1.5 Methodology for the research

Chapter 2. Market at a Glance

  • 2.1 Key Highlights

Chapter 3. Market Overview

  • 3.1 Introduction
    • 3.1.1 Overview
      • 3.1.1.1 Market Composition and Scenario
  • 3.2 Key Factors Impacting the Market
    • 3.2.1 Market Drivers
    • 3.2.2 Market Restraints

Chapter 4. Competition Analysis - Global

  • 4.1 KBV Cardinal Matrix
  • 4.2 Recent Industry Wide Strategic Developments
    • 4.2.1 Partnerships, Collaborations and Agreements
    • 4.2.2 Product Launches and Product Expansions
    • 4.2.3 Acquisition and Mergers
  • 4.3 Top Winning Strategies
    • 4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
    • 4.3.2 Key Strategic Move: (Mergers & Acquisition: 2020, Feb - 2023, Jan) Leading Players
    • 4.3.3 Key Strategic Move: (Product Launches and Product Expansions: 2019, Jul - 2023, Aug) Leading Players
  • 4.4 Porter's Five Forces Analysis

Chapter 5. North America Nerve Monitoring Devices Market, by Technology

  • 5.1 North America Electroencephalogram (EEG) Market, by Country
  • 5.2 North America Electromyography (EMG) Market, by Country
  • 5.3 North America Electrocorticography (ECoG) Market, by Country
  • 5.4 North America Evoked Potential Market, by Country
  • 5.5 North America Nerve Monitoring Devices Market, by Evoked Potential Type
    • 5.5.1 North America Somatosensory Evoked Potentials (SSEP) Market, by Country
    • 5.5.2 North America Transcranial Electrical Motor Evoked Potentials (TCeMEP) Market, by Country
    • 5.5.3 North America Brainstem Auditory Evoked Potentials (BAEP) Market, by Country
    • 5.5.4 North America Visual Evoked Potentials (VEP) Market, by Country

Chapter 6. North America Nerve Monitoring Devices Market, by Product

  • 6.1 North America Monitors Market, by Country
  • 6.2 North America Electrodes Market, by Country
  • 6.3 North America Ancillary Products Market, by Country

Chapter 7. North America Nerve Monitoring Devices Market, by Country

  • 7.1 US Nerve Monitoring Devices Market
    • 7.1.1 US Nerve Monitoring Devices Market, by Technology
      • 7.1.1.1 US Nerve Monitoring Devices Market, by Evoked Potential Type
    • 7.1.2 US Nerve Monitoring Devices Market, by Product
  • 7.2 Canada Nerve Monitoring Devices Market
    • 7.2.1 Canada Nerve Monitoring Devices Market, by Technology
      • 7.2.1.1 Canada Nerve Monitoring Devices Market, by Evoked Potential Type
    • 7.2.2 Canada Nerve Monitoring Devices Market, by Product
  • 7.3 Mexico Nerve Monitoring Devices Market
    • 7.3.1 Mexico Nerve Monitoring Devices Market, by Technology
      • 7.3.1.1 Mexico Nerve Monitoring Devices Market, by Evoked Potential Type
    • 7.3.2 Mexico Nerve Monitoring Devices Market, by Product
  • 7.4 Rest of North America Nerve Monitoring Devices Market
    • 7.4.1 Rest of North America Nerve Monitoring Devices Market, by Technology
      • 7.4.1.1 Rest of North America Nerve Monitoring Devices Market, by Evoked Potential Type
    • 7.4.2 Rest of North America Nerve Monitoring Devices Market, by Product

Chapter 8. Company Profiles

  • 8.1 Medtronic PLC
    • 8.1.1 Company overview
    • 8.1.2 Financial Analysis
    • 8.1.3 Segmental and Regional Analysis
    • 8.1.4 Research & Development Expenses
    • 8.1.5 Recent strategies and developments:
      • 8.1.5.1 Acquisition and Mergers:
    • 8.1.6 SWOT Analysis
  • 8.2 NuVasive, Inc.
    • 8.2.1 Company Overview
    • 8.2.2 Recent strategies and developments:
      • 8.2.2.1 Product Launches and Product Expansions:
      • 8.2.2.2 Acquisition and Mergers:
    • 8.2.3 SWOT Analysis
  • 8.3 Natus Medical Incorporated (Archimed SAS)
    • 8.3.1 Company Overview
    • 8.3.2 Recent strategies and developments:
      • 8.3.2.1 Acquisition and Mergers:
    • 8.3.3 SWOT Analysis
  • 8.4 Neuspera Medical Inc.
    • 8.4.1 Company Overview
    • 8.4.2 SWOT Analysis
  • 8.5 Brainlab AG
    • 8.5.1 Company Overview
    • 8.5.2 Recent strategies and developments:
      • 8.5.2.1 Partnerships, Collaborations, and Agreements:
      • 8.5.2.2 Acquisition and Mergers:
    • 8.5.3 SWOT Analysis
  • 8.6 Checkpoint Surgical, Inc.
    • 8.6.1 Company Overview
    • 8.6.2 Recent strategies and developments:
      • 8.6.2.1 Product Launches and Product Expansions:
    • 8.6.3 SWOT Analysis
  • 8.7 Cadwell Industries, Inc.
    • 8.7.1 Company Overview
    • 8.7.2 Recent strategies and developments:
      • 8.7.2.1 Product Launches and Product Expansions:
    • 8.7.3 SWOT Analysis
  • 8.8 Compumedics Limited
    • 8.8.1 Company Overview
    • 8.8.2 Financial Analysis
    • 8.8.3 Regional Analysis
    • 8.8.4 Research & Development Expenses
    • 8.8.5 SWOT Analysis
  • 8.9 Magstim EGI (Magstim, Inc.)
    • 8.9.1 Company Overview
    • 8.9.2 SWOT Analysis
  • 8.10. Nihon Kohden Corporation
    • 8.10.1 Company Overview
    • 8.10.2 Financial Analysis
    • 8.10.3 Product Category and Regional Analysis
    • 8.10.4 Research & Development Expenses
    • 8.10.5 Recent strategies and developments:
      • 8.10.5.1 Product Launches and Product Expansions:
    • 8.10.6 SWOT Analysis

LIST OF TABLES

  • TABLE 1 North America Nerve Monitoring Devices Market, 2019 - 2022, USD Million
  • TABLE 2 North America Nerve Monitoring Devices Market, 2023 - 2030, USD Million
  • TABLE 3 Partnerships, Collaborations and Agreements- Nerve Monitoring Devices Market
  • TABLE 4 Product Launches And Product Expansions- Nerve Monitoring Devices Market
  • TABLE 5 Acquisition and Mergers- Nerve Monitoring Devices Market
  • TABLE 6 North America Nerve Monitoring Devices Market, by Technology, 2019 - 2022, USD Million
  • TABLE 7 North America Nerve Monitoring Devices Market, by Technology, 2023 - 2030, USD Million
  • TABLE 8 North America Electroencephalogram (EEG) Market, by Country, 2019 - 2022, USD Million
  • TABLE 9 North America Electroencephalogram (EEG) Market, by Country, 2023 - 2030, USD Million
  • TABLE 10 North America Electromyography (EMG) Market, by Country, 2019 - 2022, USD Million
  • TABLE 11 North America Electromyography (EMG) Market, by Country, 2023 - 2030, USD Million
  • TABLE 12 North America Electrocorticography (ECoG) Market, by Country, 2019 - 2022, USD Million
  • TABLE 13 North America Electrocorticography (ECoG) Market, by Country, 2023 - 2030, USD Million
  • TABLE 14 North America Evoked Potential Market, by Country, 2019 - 2022, USD Million
  • TABLE 15 North America Evoked Potential Market, by Country, 2023 - 2030, USD Million
  • TABLE 16 North America Nerve Monitoring Devices Market, by Evoked Potential Type, 2019 - 2022, USD Million
  • TABLE 17 North America Nerve Monitoring Devices Market, by Evoked Potential Type, 2023 - 2030, USD Million
  • TABLE 18 North America Somatosensory Evoked Potentials (SSEP) Market, by Country, 2019 - 2022, USD Million
  • TABLE 19 North America Somatosensory Evoked Potentials (SSEP) Market, by Country, 2023 - 2030, USD Million
  • TABLE 20 North America Transcranial Electrical Motor Evoked Potentials (TCeMEP) Market, by Country, 2019 - 2022, USD Million
  • TABLE 21 North America Transcranial Electrical Motor Evoked Potentials (TCeMEP) Market, by Country, 2023 - 2030, USD Million
  • TABLE 22 North America Brainstem Auditory Evoked Potentials (BAEP) Market, by Country, 2019 - 2022, USD Million
  • TABLE 23 North America Brainstem Auditory Evoked Potentials (BAEP) Market, by Country, 2023 - 2030, USD Million
  • TABLE 24 North America Visual Evoked Potentials (VEP) Market, by Country, 2019 - 2022, USD Million
  • TABLE 25 North America Visual Evoked Potentials (VEP) Market, by Country, 2023 - 2030, USD Million
  • TABLE 26 North America Nerve Monitoring Devices Market, by Product, 2019 - 2022, USD Million
  • TABLE 27 North America Nerve Monitoring Devices Market, by Product, 2023 - 2030, USD Million
  • TABLE 28 North America Monitors Market, by Country, 2019 - 2022, USD Million
  • TABLE 29 North America Monitors Market, by Country, 2023 - 2030, USD Million
  • TABLE 30 North America Electrodes Market, by Country, 2019 - 2022, USD Million
  • TABLE 31 North America Electrodes Market, by Country, 2023 - 2030, USD Million
  • TABLE 32 North America Ancillary Products Market, by Country, 2019 - 2022, USD Million
  • TABLE 33 North America Ancillary Products Market, by Country, 2023 - 2030, USD Million
  • TABLE 34 North America Nerve Monitoring Devices Market, by Country, 2019 - 2022, USD Million
  • TABLE 35 North America Nerve Monitoring Devices Market, by Country, 2023 - 2030, USD Million
  • TABLE 36 US Nerve Monitoring Devices Market, 2019 - 2022, USD Million
  • TABLE 37 US Nerve Monitoring Devices Market, 2023 - 2030, USD Million
  • TABLE 38 US Nerve Monitoring Devices Market, by Technology, 2019 - 2022, USD Million
  • TABLE 39 US Nerve Monitoring Devices Market, by Technology, 2023 - 2030, USD Million
  • TABLE 40 US Nerve Monitoring Devices Market, by Evoked Potential Type, 2019 - 2022, USD Million
  • TABLE 41 US Nerve Monitoring Devices Market, by Evoked Potential Type, 2023 - 2030, USD Million
  • TABLE 42 US Nerve Monitoring Devices Market, by Product, 2019 - 2022, USD Million
  • TABLE 43 US Nerve Monitoring Devices Market, by Product, 2023 - 2030, USD Million
  • TABLE 44 Canada Nerve Monitoring Devices Market, 2019 - 2022, USD Million
  • TABLE 45 Canada Nerve Monitoring Devices Market, 2023 - 2030, USD Million
  • TABLE 46 Canada Nerve Monitoring Devices Market, by Technology, 2019 - 2022, USD Million
  • TABLE 47 Canada Nerve Monitoring Devices Market, by Technology, 2023 - 2030, USD Million
  • TABLE 48 Canada Nerve Monitoring Devices Market, by Evoked Potential Type, 2019 - 2022, USD Million
  • TABLE 49 Canada Nerve Monitoring Devices Market, by Evoked Potential Type, 2023 - 2030, USD Million
  • TABLE 50 Canada Nerve Monitoring Devices Market, by Product, 2019 - 2022, USD Million
  • TABLE 51 Canada Nerve Monitoring Devices Market, by Product, 2023 - 2030, USD Million
  • TABLE 52 Mexico Nerve Monitoring Devices Market, 2019 - 2022, USD Million
  • TABLE 53 Mexico Nerve Monitoring Devices Market, 2023 - 2030, USD Million
  • TABLE 54 Mexico Nerve Monitoring Devices Market, by Technology, 2019 - 2022, USD Million
  • TABLE 55 Mexico Nerve Monitoring Devices Market, by Technology, 2023 - 2030, USD Million
  • TABLE 56 Mexico Nerve Monitoring Devices Market, by Evoked Potential Type, 2019 - 2022, USD Million
  • TABLE 57 Mexico Nerve Monitoring Devices Market, by Evoked Potential Type, 2023 - 2030, USD Million
  • TABLE 58 Mexico Nerve Monitoring Devices Market, by Product, 2019 - 2022, USD Million
  • TABLE 59 Mexico Nerve Monitoring Devices Market, by Product, 2023 - 2030, USD Million
  • TABLE 60 Rest of North America Nerve Monitoring Devices Market, 2019 - 2022, USD Million
  • TABLE 61 Rest of North America Nerve Monitoring Devices Market, 2023 - 2030, USD Million
  • TABLE 62 Rest of North America Nerve Monitoring Devices Market, by Technology, 2019 - 2022, USD Million
  • TABLE 63 Rest of North America Nerve Monitoring Devices Market, by Technology, 2023 - 2030, USD Million
  • TABLE 64 Rest of North America Nerve Monitoring Devices Market, by Evoked Potential Type, 2019 - 2022, USD Million
  • TABLE 65 Rest of North America Nerve Monitoring Devices Market, by Evoked Potential Type, 2023 - 2030, USD Million
  • TABLE 66 Rest of North America Nerve Monitoring Devices Market, by Product, 2019 - 2022, USD Million
  • TABLE 67 Rest of North America Nerve Monitoring Devices Market, by Product, 2023 - 2030, USD Million
  • TABLE 68 Key Information - Medtronic PLC
  • TABLE 69 Key Information - NuVasive, Inc.
  • TABLE 70 Key Information - Natus Medical Incorporated
  • TABLE 71 Key Information - Neuspera Medical Inc.
  • TABLE 72 key Information - Brainlab AG
  • TABLE 73 Key Information - Checkpoint Surgical Inc.
  • TABLE 74 Key Information - Cadwell indusries, Inc.
  • TABLE 75 Key Information - Compumedics Limited
  • TABLE 76 Key Information - Magstim EGI
  • TABLE 77 key Information - Nihon Kohden Corporation
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