Increasing Prevalence of Chronic Diseases Driving Demand for Intraoperative Neuromonitoring
The worldwide demand for intraoperative neuromonitoring (IONM) is soaring, primarily because of the rising incidence of chronic diseases, surging geriatric population, increasing adoption of IONM in surgeries, and the burgeoning demand for risk management with the help of IONM in various complex surgeries. Spinal IONM is an important procedure that assists in risk management during various complex surgeries. The adoption of IONM during a surgery reduces the chances of impairment of nerve function or to the neurophysiologically relevant nerve structures.
Moreover, with the help of various intraoperative neuromonitoring modalities, the identification of nerve structures is possible, which helps in preventing their impairment. Thus, IONM is an important technology that mitigates the chances of damage to the neural structures, which, in turn, allows surgeons to focus strongly on the surgery. Besides the various advantages of the IONM technology, the booming medical tourism industry in several countries is also fueling its demand across the globe.
Due to the above-mentioned factors, the demand for this technology is soaring, which is, in turn, driving the expansion of the global intraoperative neuromonitoring (IONM) market. Out of the IONM systems, accessories, and instruments, the demand for the IONM systems was found to be the highest during the last few years. Furthermore, this technology is classified, depending on source type, into outsourced and insourced monitoring. Between these, the popularity of the insourced monitoring was higher in the past.
Across the globe, the demand for IONM has traditionally been the highest in North America, and this trend will continue in the upcoming years, as per the forecast of the market research firm, P&S Intelligence. This is credited to the growing incidence of neurological diseases, surging adoption rate of IONM, the existence of a highly sophisticated and well-developed healthcare infrastructure, availability of favorable reimbursement policies for IONM services, and the growing patient awareness about IONM in the region.
Hence, it can be said with surety that the demand for intraoperative neuromonitoring will surge in the coming years, primarily because of the increasing requirement for surgeries and the growing incidence of chronic diseases across the world.