Intraoperative monitoring electrodes offers useful, real-time ECG data during various mapping or monitoring procedures and are used to transfer energy of ionic currents into electrical current in the body. The currents passed into the body are amplified and used for diagnosis of various diseases. Intraoperative monitoring electrodes offers useful, real-time ECG data during various mapping or monitoring procedures. These electrodes are specifically used in neurological surgery to assess function of the somatosensory pathways during surgical procedures in which the spinal cord, brainstem or cerebrum is at risk to get injured and to localize the sensorimotor cortex. Click To Read More On Intraoperative Monitoring Electrodes Market
Intraoperative Monitoring Electrodes Market Drivers
Increasing number of cardiology and neurological diseases worldwide is expected to drive growth of the intraoperative monitoring electrodes market. For instance, according to the World Health Organization (WHO) estimates, in 2012, the global geriatric population was pegged at 901 million in 2015, which is expected to increase over 2 billion by 2050. Geriatric population is highly susceptible to various cardiac and neurological diseases, in turn propelling demand for early disease diagnosis, which can be achieved using monitoring electrodes.
Furthermore, increasing preference for minimally invasive treatment procedures, use of nanotechnology for developing miniaturized electrodes, growing investments on research and development, and focus on early diagnosis of diseases are further expected to boost the global intraoperative monitoring electrodes market growth.
Intraoperative Monitoring Electrodes Market Regional Analysis
North America is expected to hold a dominant position in the global intraoperative monitoring electrodes market over the forecast period, owing to the high incidence of neurological and cardiovascular disorders, increasing demand for technologically advanced electrodes, and growing adoption of non-invasive diagnostic electrodes in these region.
According to the Alzheimer’s Association estimates in 2017, around 5 million Americans were diagnosed with Alzheimer’s disease and the number is expected to increase over 16 million by 2050. This creates a highly conducive environment for growth of the intraoperative monitoring electrodes market in North America, especially for neurological applications. Furthermore, installation of technologically advanced electrocardiogram (ECG) and electromyogram (EMG) electrode system by end users have contributed towards the deployment and higher sales of the intraoperative electrode devices in North America.
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Intraoperative Monitoring Electrodes Market Key Players
Key players operating in global intraoperative monitoring electrodes market include DIXI Medical, Ambu A/S, Blackrock Microsystems LLC, Digitimer Ltd., Cognionics, Inc., Rhythmlink International, LLC, Unimed Electrode Supplies, 3M Company, NuVasive, Inc., Computational Diagnostics, Inc., and Natus Medical Incorporated.