Global Neuro-monitoring System Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Sub-sensory evoked potentials, Motor-sensory evoked potentials, Brainstem auditory evoked potentials (BAEP), Visual evoked potentials (VEP), Somatosensory-evoked potentials (SSEP), and Mapping for motor-cortex.

By Applications;

Spine surgery, Vascular surgery, Orthopedic surgery, and ENT surgery.

By End User;

Hospitals, Diagnostic Labs, Ambulatory surgical centers, and Outpatient Clinics.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn104500544 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Neuro-monitoring System Market (USD Million), 2021 - 2031

In the year 2024, the Global Neuro-monitoring System Market was valued at USD 2245.28 million. The size of this market is expected to increase to USD 3848.01 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.0%.

Despite these challenges, several factors continue to drive the growth of the nerve monitoring system market. Clinical benefits associated with nerve monitoring procedures and their rising use in trauma cases are significant growth drivers. Additionally, ongoing product launches, regulatory approvals, increasing research and development activities, and strategic initiatives by key market players are expected to contribute to substantial market growth.

The high burden of chronic diseases, such as cardiovascular disorders and musculoskeletal conditions, further fuels the demand for nerve monitoring systems globally, especially as surgeries become more prevalent. Technological advancements, exemplified by recent product launches such as NeuraLace Medical, Inc.'s Axon Therapy and developments like the mind-reading system by Researchers from the Korea Advanced Institute of Science and Technology (KAIST), are expected to introduce innovative solutions to the market, driving growth.

Strategic initiatives, including partnerships, expansions, and acquisitions, also play a crucial role in market expansion. For instance, Assure Holdings Corp.'s partnership with Conductiv for intraoperative neuromonitoring services is poised to leverage a broad network of healthcare facilities, contributing to market growth.

Despite these growth drivers, limited awareness about nerve monitoring among healthcare professionals may pose a challenge to market expansion during the forecast period. Overall, the combination of favorable market drivers and strategic initiatives indicates significant growth potential for the nerve monitoring system market in the foreseeable future.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Applications
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Neuro-monitoring System Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising demand for neurological care
        2. Technological advancements
        3. Growing government support and reimbursement policies
      2. Restraints
        1. High cost of neuro-monitoring systems
        2. Data security and privacy concerns
        3. Lack of skilled personnel
      3. Opportunities
        1. Development of non-invasive and minimally invasive technologies
        2. Telemedicine and remote monitoring
        3. Focus on personalized medicine
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Neuro-monitoring System Market, By Type, 2021 - 2031 (USD Million)
      1. Sub-sensory evoked potentials
      2. Motor-sensory evoked potentials
      3. Brainstem auditory evoked potentials (BAEP)
      4. Visual evoked potentials (VEP)
      5. Somatosensory-evoked potentials (SSEP)
      6. Mapping for motor-cortex
    2. Global Neuro-monitoring System Market, By Applications, 2021 - 2031 (USD Million)
      1. Spine surgery
      2. Vascular surgery
      3. Orthopedic surgery
      4. ENT surgery
    3. Global Neuro-monitoring System Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Diagnostic Labs
      3. Ambulatory surgical centers
      4. Outpatient Clinics
    4. Global Neuro-monitoring System Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Medizintechnik GmbH
      2. Accurate Monitoring
      3. Neuromonitoring Technologies
      4. Medtronic
      5. Natus Medical Incorporated
      6. NuVasive Inc
      7. Biotronic NeuroNetwork Sentient Medical Systems
      8. SpecialityCare
  7. Analyst Views
  8. Future Outlook of the Market