The Europe Nerve Monitoring Devices Market would witness market growth of 5.0% CAGR during the forecast period (2023-2030).
The increasing number of neurological diseases, such as epilepsy, is an essential factor driving market expansion. The rising geriatric population is a substantial factor in expanding neuromonitoring devices, as this demographic is more susceptible to age-related neurodegenerative disorders. Over the forecast period, technological advancements such as wearable devices with enhanced mobility and the capacity for round-the-clock monitoring are expected to boost demand for these devices. In addition, many patients with neurological disorders are undiagnosed; as a result, the government is promoting early detection, thereby increasing the market.
Technological developments allowed nerve monitoring device providers to transform their services and propel them to greater heights. These devices offer a seamless user experience due to their constant innovation and enhancement. The market's growth is expected to be aided by the introducing of innovative products, such as wearable devices that offer the advantages of round-the-clock monitoring and increased mobility.
Europe has a high demand for surgical procedures, including orthopedic, neurosurgery, and ear, nose, and throat (ENT) surgeries. Nerve monitoring devices are increasingly used in these surgeries to prevent nerve damage and reduce post-operative complications. Many European countries have well-established and advanced healthcare systems focusing on patient safety and quality of care. Europe has a significant aging population, is more susceptible to age-related health conditions, and may require surgical interventions. As healthcare systems strive to manage the growing disease burden, the demand for nerve monitoring devices will likely increase, driving market growth in the region.
The Germany market dominated the Europe Nerve Monitoring Devices Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $123.9 Million by 2030. The UK market is exhibiting a CAGR of 4.1% during (2023 - 2030). Additionally, The France market would experience a CAGR of 5.8% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Nerve Monitoring Devices Market will Hit $1.8 Billion by 2030, at a CAGR of 5.2%
The market research report covers the analysis of key stakeholders 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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- 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
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Nerve Monitoring Devices Market, by Technology
1.4.2 Europe Nerve Monitoring Devices Market, by Product
1.4.3 Europe 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. Europe Nerve Monitoring Devices Market, by Technology
5.1 Europe Electroencephalogram (EEG) Market, by Country
5.2 Europe Electromyography (EMG) Market, by Country
5.3 Europe Electrocorticography (ECoG) Market, by Country
5.4 Europe Evoked Potential Market, by Country
5.5 Europe Nerve Monitoring Devices Market, by Evoked Potential Type
5.5.1 Europe Somatosensory Evoked Potentials (SSEP) Market, by Country
5.5.2 Europe Transcranial Electrical Motor Evoked Potentials (TCeMEP) Market, by Country
5.5.3 Europe Brainstem Auditory Evoked Potentials (BAEP) Market, by Country
5.5.4 Europe Visual Evoked Potentials (VEP) Market, by Country
Chapter 6. Europe Nerve Monitoring Devices Market, by Product
6.1 Europe Monitors Market, by Country
6.2 Europe Electrodes Market, by Country
6.3 Europe Ancillary Products Market, by Country
Chapter 7. Europe Nerve Monitoring Devices Market, by Country
7.1 Germany Nerve Monitoring Devices Market
7.1.1 Germany Nerve Monitoring Devices Market, by Technology
7.1.1.1 Germany Nerve Monitoring Devices Market, by Evoked Potential Type
7.1.2 Germany Nerve Monitoring Devices Market, by Product
7.2 UK Nerve Monitoring Devices Market
7.2.1 UK Nerve Monitoring Devices Market, by Technology
7.2.1.1 UK Nerve Monitoring Devices Market, by Evoked Potential Type
7.2.2 UK Nerve Monitoring Devices Market, by Product
7.3 France Nerve Monitoring Devices Market
7.3.1 France Nerve Monitoring Devices Market, by Technology
7.3.1.1 France Nerve Monitoring Devices Market, by Evoked Potential Type
7.3.2 France Nerve Monitoring Devices Market, by Product
7.4 Russia Nerve Monitoring Devices Market
7.4.1 Russia Nerve Monitoring Devices Market, by Technology
7.4.1.1 Russia Nerve Monitoring Devices Market, by Evoked Potential Type
7.4.2 Russia Nerve Monitoring Devices Market, by Product
7.5 Spain Nerve Monitoring Devices Market
7.5.1 Spain Nerve Monitoring Devices Market, by Technology
7.5.1.1 Spain Nerve Monitoring Devices Market, by Evoked Potential Type
7.5.2 Spain Nerve Monitoring Devices Market, by Product
7.6 Italy Nerve Monitoring Devices Market
7.6.1 Italy Nerve Monitoring Devices Market, by Technology
7.6.1.1 Italy Nerve Monitoring Devices Market, by Evoked Potential Type
7.6.2 Italy Nerve Monitoring Devices Market, by Product
7.7 Rest of Europe Nerve Monitoring Devices Market
7.7.1 Rest of Europe Nerve Monitoring Devices Market, by Technology
7.7.1.1 Rest of Europe Nerve Monitoring Devices Market, by Evoked Potential Type
7.7.2 Rest of Europe 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
TABLE 1 Europe Nerve Monitoring Devices Market, 2019 - 2022, USD Million
TABLE 2 Europe 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 Europe Nerve Monitoring Devices Market, by Technology, 2019 - 2022, USD Million
TABLE 7 Europe Nerve Monitoring Devices Market, by Technology, 2023 - 2030, USD Million
TABLE 8 Europe Electroencephalogram (EEG) Market, by Country, 2019 - 2022, USD Million
TABLE 9 Europe Electroencephalogram (EEG) Market, by Country, 2023 - 2030, USD Million
TABLE 10 Europe Electromyography (EMG) Market, by Country, 2019 - 2022, USD Million
TABLE 11 Europe Electromyography (EMG) Market, by Country, 2023 - 2030, USD Million
TABLE 12 Europe Electrocorticography (ECoG) Market, by Country, 2019 - 2022, USD Million
TABLE 13 Europe Electrocorticography (ECoG) Market, by Country, 2023 - 2030, USD Million
TABLE 14 Europe Evoked Potential Market, by Country, 2019 - 2022, USD Million
TABLE 15 Europe Evoked Potential Market, by Country, 2023 - 2030, USD Million
TABLE 16 Europe Nerve Monitoring Devices Market, by Evoked Potential Type, 2019 - 2022, USD Million
TABLE 17 Europe Nerve Monitoring Devices Market, by Evoked Potential Type, 2023 - 2030, USD Million
TABLE 18 Europe Somatosensory Evoked Potentials (SSEP) Market, by Country, 2019 - 2022, USD Million
TABLE 19 Europe Somatosensory Evoked Potentials (SSEP) Market, by Country, 2023 - 2030, USD Million
TABLE 20 Europe Transcranial Electrical Motor Evoked Potentials (TCeMEP) Market, by Country, 2019 - 2022, USD Million
TABLE 21 Europe Transcranial Electrical Motor Evoked Potentials (TCeMEP) Market, by Country, 2023 - 2030, USD Million
TABLE 22 Europe Brainstem Auditory Evoked Potentials (BAEP) Market, by Country, 2019 - 2022, USD Million
TABLE 23 Europe Brainstem Auditory Evoked Potentials (BAEP) Market, by Country, 2023 - 2030, USD Million
TABLE 24 Europe Visual Evoked Potentials (VEP) Market, by Country, 2019 - 2022, USD Million
TABLE 25 Europe Visual Evoked Potentials (VEP) Market, by Country, 2023 - 2030, USD Million
TABLE 26 Europe Nerve Monitoring Devices Market, by Product, 2019 - 2022, USD Million
TABLE 27 Europe Nerve Monitoring Devices Market, by Product, 2023 - 2030, USD Million
TABLE 28 Europe Monitors Market, by Country, 2019 - 2022, USD Million
TABLE 29 Europe Monitors Market, by Country, 2023 - 2030, USD Million
TABLE 30 Europe Electrodes Market, by Country, 2019 - 2022, USD Million
TABLE 31 Europe Electrodes Market, by Country, 2023 - 2030, USD Million
TABLE 32 Europe Ancillary Products Market, by Country, 2019 - 2022, USD Million
TABLE 33 Europe Ancillary Products Market, by Country, 2023 - 2030, USD Million
TABLE 34 Europe Nerve Monitoring Devices Market, by Country, 2019 - 2022, USD Million
TABLE 35 Europe Nerve Monitoring Devices Market, by Country, 2023 - 2030, USD Million
TABLE 36 Germany Nerve Monitoring Devices Market, 2019 - 2022, USD Million
TABLE 37 Germany Nerve Monitoring Devices Market, 2023 - 2030, USD Million
TABLE 38 Germany Nerve Monitoring Devices Market, by Technology, 2019 - 2022, USD Million
TABLE 39 Germany Nerve Monitoring Devices Market, by Technology, 2023 - 2030, USD Million
TABLE 40 Germany Nerve Monitoring Devices Market, by Evoked Potential Type, 2019 - 2022, USD Million
TABLE 41 Germany Nerve Monitoring Devices Market, by Evoked Potential Type, 2023 - 2030, USD Million
TABLE 42 Germany Nerve Monitoring Devices Market, by Product, 2019 - 2022, USD Million
TABLE 43 Germany Nerve Monitoring Devices Market, by Product, 2023 - 2030, USD Million
TABLE 44 UK Nerve Monitoring Devices Market, 2019 - 2022, USD Million
TABLE 45 UK Nerve Monitoring Devices Market, 2023 - 2030, USD Million
TABLE 46 UK Nerve Monitoring Devices Market, by Technology, 2019 - 2022, USD Million
TABLE 47 UK Nerve Monitoring Devices Market, by Technology, 2023 - 2030, USD Million
TABLE 48 UK Nerve Monitoring Devices Market, by Evoked Potential Type, 2019 - 2022, USD Million
TABLE 49 UK Nerve Monitoring Devices Market, by Evoked Potential Type, 2023 - 2030, USD Million
TABLE 50 UK Nerve Monitoring Devices Market, by Product, 2019 - 2022, USD Million
TABLE 51 UK Nerve Monitoring Devices Market, by Product, 2023 - 2030, USD Million
TABLE 52 France Nerve Monitoring Devices Market, 2019 - 2022, USD Million
TABLE 53 France Nerve Monitoring Devices Market, 2023 - 2030, USD Million
TABLE 54 France Nerve Monitoring Devices Market, by Technology, 2019 - 2022, USD Million
TABLE 55 France Nerve Monitoring Devices Market, by Technology, 2023 - 2030, USD Million
TABLE 56 France Nerve Monitoring Devices Market, by Evoked Potential Type, 2019 - 2022, USD Million
TABLE 57 France Nerve Monitoring Devices Market, by Evoked Potential Type, 2023 - 2030, USD Million
TABLE 58 France Nerve Monitoring Devices Market, by Product, 2019 - 2022, USD Million
TABLE 59 France Nerve Monitoring Devices Market, by Product, 2023 - 2030, USD Million
TABLE 60 Russia Nerve Monitoring Devices Market, 2019 - 2022, USD Million
TABLE 61 Russia Nerve Monitoring Devices Market, 2023 - 2030, USD Million
TABLE 62 Russia Nerve Monitoring Devices Market, by Technology, 2019 - 2022, USD Million
TABLE 63 Russia Nerve Monitoring Devices Market, by Technology, 2023 - 2030, USD Million
TABLE 64 Russia Nerve Monitoring Devices Market, by Evoked Potential Type, 2019 - 2022, USD Million
TABLE 65 Russia Nerve Monitoring Devices Market, by Evoked Potential Type, 2023 - 2030, USD Million
TABLE 66 Russia Nerve Monitoring Devices Market, by Product, 2019 - 2022, USD Million
TABLE 67 Russia Nerve Monitoring Devices Market, by Product, 2023 - 2030, USD Million
TABLE 68 Spain Nerve Monitoring Devices Market, 2019 - 2022, USD Million
TABLE 69 Spain Nerve Monitoring Devices Market, 2023 - 2030, USD Million
TABLE 70 Spain Nerve Monitoring Devices Market, by Technology, 2019 - 2022, USD Million
TABLE 71 Spain Nerve Monitoring Devices Market, by Technology, 2023 - 2030, USD Million
TABLE 72 Spain Nerve Monitoring Devices Market, by Evoked Potential Type, 2019 - 2022, USD Million
TABLE 73 Spain Nerve Monitoring Devices Market, by Evoked Potential Type, 2023 - 2030, USD Million
TABLE 74 Spain Nerve Monitoring Devices Market, by Product, 2019 - 2022, USD Million
TABLE 75 Spain Nerve Monitoring Devices Market, by Product, 2023 - 2030, USD Million
TABLE 76 Italy Nerve Monitoring Devices Market, 2019 - 2022, USD Million
TABLE 77 Italy Nerve Monitoring Devices Market, 2023 - 2030, USD Million
TABLE 78 Italy Nerve Monitoring Devices Market, by Technology, 2019 - 2022, USD Million
TABLE 79 Italy Nerve Monitoring Devices Market, by Technology, 2023 - 2030, USD Million
TABLE 80 Italy Nerve Monitoring Devices Market, by Evoked Potential Type, 2019 - 2022, USD Million
TABLE 81 Italy Nerve Monitoring Devices Market, by Evoked Potential Type, 2023 - 2030, USD Million
TABLE 82 Italy Nerve Monitoring Devices Market, by Product, 2019 - 2022, USD Million
TABLE 83 Italy Nerve Monitoring Devices Market, by Product, 2023 - 2030, USD Million
TABLE 84 Rest of Europe Nerve Monitoring Devices Market, 2019 - 2022, USD Million
TABLE 85 Rest of Europe Nerve Monitoring Devices Market, 2023 - 2030, USD Million
TABLE 86 Rest of Europe Nerve Monitoring Devices Market, by Technology, 2019 - 2022, USD Million
TABLE 87 Rest of Europe Nerve Monitoring Devices Market, by Technology, 2023 - 2030, USD Million
TABLE 88 Rest of Europe Nerve Monitoring Devices Market, by Evoked Potential Type, 2019 - 2022, USD Million
TABLE 89 Rest of Europe Nerve Monitoring Devices Market, by Evoked Potential Type, 2023 - 2030, USD Million
TABLE 90 Rest of Europe Nerve Monitoring Devices Market, by Product, 2019 - 2022, USD Million
TABLE 91 Rest of Europe Nerve Monitoring Devices Market, by Product, 2023 - 2030, USD Million
TABLE 92 Key Information – Medtronic PLC
TABLE 93 Key Information – NuVasive, Inc.
TABLE 94 Key Information – Natus Medical Incorporated
TABLE 95 Key Information – Neuspera Medical Inc.
TABLE 96 key Information – Brainlab AG
TABLE 97 Key Information – Checkpoint Surgical Inc.
TABLE 98 Key Information – Cadwell indusries, Inc.
TABLE 99 Key Information – Compumedics Limited
TABLE 100 Key Information – Magstim EGI
TABLE 101 key Information – Nihon Kohden Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Nerve Monitoring Devices Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Nerve Monitoring Devices Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Key Strategic Move: (Mergers & Acquisition: 2020, Feb – 2023, Jan) Leading Players
FIG 7 Key Strategic Move: (Product Launches and Product Expansions : 2019, Jul – 2023, Aug) Leading Players
FIG 8 Porter’s Five Forces Analysis - Nerve Monitoring Devices Market
FIG 9 Europe Nerve Monitoring Devices Market share, by Technology, 2022
FIG 10 Europe Nerve Monitoring Devices Market share, by Technology, 2030
FIG 11 Europe Nerve Monitoring Devices Market, by Technology, 2019 - 2030, USD Million
FIG 12 Europe Nerve Monitoring Devices Market share, by Product, 2022
FIG 13 Europe Nerve Monitoring Devices Market share, by Product, 2030
FIG 14 Europe Nerve Monitoring Devices Market, by Product, 2019 - 2030, USD Million
FIG 15 Europe Nerve Monitoring Devices Market share, by Country, 2022
FIG 16 Europe Nerve Monitoring Devices Market share, by Country, 2030
FIG 17 Europe Nerve Monitoring Devices Market, by Country, 2019- 2030, USD Million
FIG 18 SWOT Analysis: Medtronic PLC
FIG 19 SWOT Analysis: NuVasive, Inc.
FIG 20 SWOT Analysis: Natus Medical Incorporated
FIG 21 SWOT Analysis: Neuspera Medical Inc.
FIG 22 Recent strategies and developments: Brainlab AG
FIG 23 SWOT Analysis: Brainlab AG
FIG 24 SWOT Analysis: Checkpoint Surgical Inc.
FIG 25 SWOT Analysis: Cadwell indusries, Inc.
FIG 26 SWOT Analysis: Compumedics Limited
FIG 27 SWOT Analysis: Magstim EGI
FIG 28 SWOT Analysis: Nihon Kohden Corporation