Neurosurgery Segment to Dominate the Nerve Monitoring Systems Market During the Forecast Period
The global nerve monitoring systems market has been segmented based on product, technology, application, end user, and region. Based on product, the nerve stimulation electrodes and probes segment commanded the largest share of the global nerve monitoring system market in 2017. This large market share is mainly attributed to factors such as increasing awareness of healthcare professionals about clinical benefits associated with nerve monitoring, increasing number of complex & critical surgeries worldwide, and ongoing technological advancements in the field of nerve stimulation & monitoring. The global nerve monitoring systems market is estimated to reach USD 1.45 billion by 2022; growing at a CAGR of 4.9% during the forecast period. The expansion in target patient population, growing availability of medical reimbursement for nerve monitoring procedures, and rising demand for surgical intervention among trauma cases across the globe are some key factors propelling the...