The Latin America, Middle East and Africa Nerve Monitoring Devices Market would witness market growth of 9.6% CAGR during the forecast period (2023-2030).
Neurosurgery involves treating people with injuries, diseases, or disorders of the spinal column, brain, spinal cord, and peripheral nerves within all body parts. The neurosurgery segment of the market is expected to have a positive impact on the expansion of the segment, owing to the rising burden of neurological diseases and disorders around the region, which may result in nerve damage, leading to the increasing volume of surgical procedures creates the need of nerve monitoring system, thus boosting the growth in the market over the forecast period.
There is a growing burden of neurodegenerative diseases, such as Alzheimer's and Parkinson's, Huntington's, and motor neuron diseases, among others, in the older population. Thus, this leads to progressive neural dysfunction and toxicities, increasing the demand for effective nerve modulation devices thereby driving growth in the studied market. Thus, with the increasing geriatric population, the burden of neurological diseases may increase and boost the segment's growth during the forecast period. Due to the growing burden of Alzheimer's Disease, brain surgeries are expected to increase, creating the need for a nerve monitoring system over time. Additionally, product approvals in the studied market will expand the product offerings and introduce technologically advanced products, contributing to the market growth.
According to the National Library of Medicine, dementia is a prevalent condition in Arab countries. In 2019, these conditions affected between 1.1% and 2.3% of those aged 50 and older and between 13.5% and 18.5% of those aged 80 and older. It can assist healthcare professionals, and researchers in studying the nervous system and its functioning. The increasing prevalence of Alzheimer's disease in the United Arab Emirates (UAE) can contribute to developing the market in the region. The above aspects will lead the market positively in this region.
The Brazil market dominated the LAMEA Nerve Monitoring Devices Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $35.2 Million by 2030. The Argentina market is showcasing a CAGR of 10.2% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 9.3% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Nerve Monitoring Devices Market is Projected to reach USD 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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Nerve Monitoring Devices Market, by Technology
1.4.2 LAMEA Nerve Monitoring Devices Market, by Product
1.4.3 LAMEA 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. LAMEA Nerve Monitoring Devices Market, by Technology
5.1 LAMEA Electroencephalogram (EEG) Market, by Country
5.2 LAMEA Electromyography (EMG) Market, by Country
5.3 LAMEA Electrocorticography (ECoG) Market, by Country
5.4 LAMEA Evoked Potential Market, by Country
5.5 LAMEA Nerve Monitoring Devices Market, by Evoked Potential Type
5.5.1 LAMEA Somatosensory Evoked Potentials (SSEP) Market, by Country
5.5.2 LAMEA Transcranial Electrical Motor Evoked Potentials (TCeMEP) Market, by Country
5.5.3 LAMEA Brainstem Auditory Evoked Potentials (BAEP) Market, by Country
5.5.4 LAMEA Visual Evoked Potentials (VEP) Market, by Country
Chapter 6. LAMEA Nerve Monitoring Devices Market, by Product
6.1 LAMEA Monitors Market, by Country
6.2 LAMEA Electrodes Market, by Country
6.3 LAMEA Ancillary Products Market, by Country
Chapter 7. LAMEA Nerve Monitoring Devices Market, by Country
7.1 Brazil Nerve Monitoring Devices Market
7.1.1 Brazil Nerve Monitoring Devices Market, by Technology
7.1.1.1 Brazil Nerve Monitoring Devices Market, by Evoked Potential Type
7.1.2 Brazil Nerve Monitoring Devices Market, by Product
7.2 Argentina Nerve Monitoring Devices Market
7.2.1 Argentina Nerve Monitoring Devices Market, by Technology
7.2.1.1 Argentina Nerve Monitoring Devices Market, by Evoked Potential Type
7.2.2 Argentina Nerve Monitoring Devices Market, by Product
7.3 UAE Nerve Monitoring Devices Market
7.3.1 UAE Nerve Monitoring Devices Market, by Technology
7.3.1.1 UAE Nerve Monitoring Devices Market, by Evoked Potential Type
7.3.2 UAE Nerve Monitoring Devices Market, by Product
7.4 Saudi Arabia Nerve Monitoring Devices Market
7.4.1 Saudi Arabia Nerve Monitoring Devices Market, by Technology
7.4.1.1 Saudi Arabia Nerve Monitoring Devices Market, by Evoked Potential Type
7.4.2 Saudi Arabia Nerve Monitoring Devices Market, by Product
7.5 South Africa Nerve Monitoring Devices Market
7.5.1 South Africa Nerve Monitoring Devices Market, by Technology
7.5.1.1 South Africa Nerve Monitoring Devices Market, by Evoked Potential Type
7.5.2 South Africa Nerve Monitoring Devices Market, by Product
7.6 Nigeria Nerve Monitoring Devices Market
7.6.1 Nigeria Nerve Monitoring Devices Market, by Technology
7.6.1.1 Nigeria Nerve Monitoring Devices Market, by Evoked Potential Type
7.6.2 Nigeria Nerve Monitoring Devices Market, by Product
7.7 Rest of LAMEA Nerve Monitoring Devices Market
7.7.1 Rest of LAMEA Nerve Monitoring Devices Market, by Technology
7.7.1.1 Rest of LAMEA Nerve Monitoring Devices Market, by Evoked Potential Type
7.7.2 Rest of LAMEA 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 LAMEA Nerve Monitoring Devices Market, 2019 - 2022, USD Million
TABLE 2 LAMEA 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 LAMEA Nerve Monitoring Devices Market, by Technology, 2019 - 2022, USD Million
TABLE 7 LAMEA Nerve Monitoring Devices Market, by Technology, 2023 - 2030, USD Million
TABLE 8 LAMEA Electroencephalogram (EEG) Market, by Country, 2019 - 2022, USD Million
TABLE 9 LAMEA Electroencephalogram (EEG) Market, by Country, 2023 - 2030, USD Million
TABLE 10 LAMEA Electromyography (EMG) Market, by Country, 2019 - 2022, USD Million
TABLE 11 LAMEA Electromyography (EMG) Market, by Country, 2023 - 2030, USD Million
TABLE 12 LAMEA Electrocorticography (ECoG) Market, by Country, 2019 - 2022, USD Million
TABLE 13 LAMEA Electrocorticography (ECoG) Market, by Country, 2023 - 2030, USD Million
TABLE 14 LAMEA Evoked Potential Market, by Country, 2019 - 2022, USD Million
TABLE 15 LAMEA Evoked Potential Market, by Country, 2023 - 2030, USD Million
TABLE 16 LAMEA Nerve Monitoring Devices Market, by Evoked Potential Type, 2019 - 2022, USD Million
TABLE 17 LAMEA Nerve Monitoring Devices Market, by Evoked Potential Type, 2023 - 2030, USD Million
TABLE 18 LAMEA Somatosensory Evoked Potentials (SSEP) Market, by Country, 2019 - 2022, USD Million
TABLE 19 LAMEA Somatosensory Evoked Potentials (SSEP) Market, by Country, 2023 - 2030, USD Million
TABLE 20 LAMEA Transcranial Electrical Motor Evoked Potentials (TCeMEP) Market, by Country, 2019 - 2022, USD Million
TABLE 21 LAMEA Transcranial Electrical Motor Evoked Potentials (TCeMEP) Market, by Country, 2023 - 2030, USD Million
TABLE 22 LAMEA Brainstem Auditory Evoked Potentials (BAEP) Market, by Country, 2019 - 2022, USD Million
TABLE 23 LAMEA Brainstem Auditory Evoked Potentials (BAEP) Market, by Country, 2023 - 2030, USD Million
TABLE 24 LAMEA Visual Evoked Potentials (VEP) Market, by Country, 2019 - 2022, USD Million
TABLE 25 LAMEA Visual Evoked Potentials (VEP) Market, by Country, 2023 - 2030, USD Million
TABLE 26 LAMEA Nerve Monitoring Devices Market, by Product, 2019 - 2022, USD Million
TABLE 27 LAMEA Nerve Monitoring Devices Market, by Product, 2023 - 2030, USD Million
TABLE 28 LAMEA Monitors Market, by Country, 2019 - 2022, USD Million
TABLE 29 LAMEA Monitors Market, by Country, 2023 - 2030, USD Million
TABLE 30 LAMEA Electrodes Market, by Country, 2019 - 2022, USD Million
TABLE 31 LAMEA Electrodes Market, by Country, 2023 - 2030, USD Million
TABLE 32 LAMEA Ancillary Products Market, by Country, 2019 - 2022, USD Million
TABLE 33 LAMEA Ancillary Products Market, by Country, 2023 - 2030, USD Million
TABLE 34 LAMEA Nerve Monitoring Devices Market, by Country, 2019 - 2022, USD Million
TABLE 35 LAMEA Nerve Monitoring Devices Market, by Country, 2023 - 2030, USD Million
TABLE 36 Brazil Nerve Monitoring Devices Market, 2019 - 2022, USD Million
TABLE 37 Brazil Nerve Monitoring Devices Market, 2023 - 2030, USD Million
TABLE 38 Brazil Nerve Monitoring Devices Market, by Technology, 2019 - 2022, USD Million
TABLE 39 Brazil Nerve Monitoring Devices Market, by Technology, 2023 - 2030, USD Million
TABLE 40 Brazil Nerve Monitoring Devices Market, by Evoked Potential Type, 2019 - 2022, USD Million
TABLE 41 Brazil Nerve Monitoring Devices Market, by Evoked Potential Type, 2023 - 2030, USD Million
TABLE 42 Brazil Nerve Monitoring Devices Market, by Product, 2019 - 2022, USD Million
TABLE 43 Brazil Nerve Monitoring Devices Market, by Product, 2023 - 2030, USD Million
TABLE 44 Argentina Nerve Monitoring Devices Market, 2019 - 2022, USD Million
TABLE 45 Argentina Nerve Monitoring Devices Market, 2023 - 2030, USD Million
TABLE 46 Argentina Nerve Monitoring Devices Market, by Technology, 2019 - 2022, USD Million
TABLE 47 Argentina Nerve Monitoring Devices Market, by Technology, 2023 - 2030, USD Million
TABLE 48 Argentina Nerve Monitoring Devices Market, by Evoked Potential Type, 2019 - 2022, USD Million
TABLE 49 Argentina Nerve Monitoring Devices Market, by Evoked Potential Type, 2023 - 2030, USD Million
TABLE 50 Argentina Nerve Monitoring Devices Market, by Product, 2019 - 2022, USD Million
TABLE 51 Argentina Nerve Monitoring Devices Market, by Product, 2023 - 2030, USD Million
TABLE 52 UAE Nerve Monitoring Devices Market, 2019 - 2022, USD Million
TABLE 53 UAE Nerve Monitoring Devices Market, 2023 - 2030, USD Million
TABLE 54 UAE Nerve Monitoring Devices Market, by Technology, 2019 - 2022, USD Million
TABLE 55 UAE Nerve Monitoring Devices Market, by Technology, 2023 - 2030, USD Million
TABLE 56 UAE Nerve Monitoring Devices Market, by Evoked Potential Type, 2019 - 2022, USD Million
TABLE 57 UAE Nerve Monitoring Devices Market, by Evoked Potential Type, 2023 - 2030, USD Million
TABLE 58 UAE Nerve Monitoring Devices Market, by Product, 2019 - 2022, USD Million
TABLE 59 UAE Nerve Monitoring Devices Market, by Product, 2023 - 2030, USD Million
TABLE 60 Saudi Arabia Nerve Monitoring Devices Market, 2019 - 2022, USD Million
TABLE 61 Saudi Arabia Nerve Monitoring Devices Market, 2023 - 2030, USD Million
TABLE 62 Saudi Arabia Nerve Monitoring Devices Market, by Technology, 2019 - 2022, USD Million
TABLE 63 Saudi Arabia Nerve Monitoring Devices Market, by Technology, 2023 - 2030, USD Million
TABLE 64 Saudi Arabia Nerve Monitoring Devices Market, by Evoked Potential Type, 2019 - 2022, USD Million
TABLE 65 Saudi Arabia Nerve Monitoring Devices Market, by Evoked Potential Type, 2023 - 2030, USD Million
TABLE 66 Saudi Arabia Nerve Monitoring Devices Market, by Product, 2019 - 2022, USD Million
TABLE 67 Saudi Arabia Nerve Monitoring Devices Market, by Product, 2023 - 2030, USD Million
TABLE 68 South Africa Nerve Monitoring Devices Market, 2019 - 2022, USD Million
TABLE 69 South Africa Nerve Monitoring Devices Market, 2023 - 2030, USD Million
TABLE 70 South Africa Nerve Monitoring Devices Market, by Technology, 2019 - 2022, USD Million
TABLE 71 South Africa Nerve Monitoring Devices Market, by Technology, 2023 - 2030, USD Million
TABLE 72 South Africa Nerve Monitoring Devices Market, by Evoked Potential Type, 2019 - 2022, USD Million
TABLE 73 South Africa Nerve Monitoring Devices Market, by Evoked Potential Type, 2023 - 2030, USD Million
TABLE 74 South Africa Nerve Monitoring Devices Market, by Product, 2019 - 2022, USD Million
TABLE 75 South Africa Nerve Monitoring Devices Market, by Product, 2023 - 2030, USD Million
TABLE 76 Nigeria Nerve Monitoring Devices Market, 2019 - 2022, USD Million
TABLE 77 Nigeria Nerve Monitoring Devices Market, 2023 - 2030, USD Million
TABLE 78 Nigeria Nerve Monitoring Devices Market, by Technology, 2019 - 2022, USD Million
TABLE 79 Nigeria Nerve Monitoring Devices Market, by Technology, 2023 - 2030, USD Million
TABLE 80 Nigeria Nerve Monitoring Devices Market, by Evoked Potential Type, 2019 - 2022, USD Million
TABLE 81 Nigeria Nerve Monitoring Devices Market, by Evoked Potential Type, 2023 - 2030, USD Million
TABLE 82 Nigeria Nerve Monitoring Devices Market, by Product, 2019 - 2022, USD Million
TABLE 83 Nigeria Nerve Monitoring Devices Market, by Product, 2023 - 2030, USD Million
TABLE 84 Rest of LAMEA Nerve Monitoring Devices Market, 2019 - 2022, USD Million
TABLE 85 Rest of LAMEA Nerve Monitoring Devices Market, 2023 - 2030, USD Million
TABLE 86 Rest of LAMEA Nerve Monitoring Devices Market, by Technology, 2019 - 2022, USD Million
TABLE 87 Rest of LAMEA Nerve Monitoring Devices Market, by Technology, 2023 - 2030, USD Million
TABLE 88 Rest of LAMEA Nerve Monitoring Devices Market, by Evoked Potential Type, 2019 - 2022, USD Million
TABLE 89 Rest of LAMEA Nerve Monitoring Devices Market, by Evoked Potential Type, 2023 - 2030, USD Million
TABLE 90 Rest of LAMEA Nerve Monitoring Devices Market, by Product, 2019 - 2022, USD Million
TABLE 91 Rest of LAMEA 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 LAMEA 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 LAMEA Nerve Monitoring Devices Market share, by Technology, 2022
FIG 10 LAMEA Nerve Monitoring Devices Market share, by Technology, 2030
FIG 11 LAMEA Nerve Monitoring Devices Market, by Technology, 2019 - 2030, USD Million
FIG 12 LAMEA Nerve Monitoring Devices Market share, by Product, 2022
FIG 13 LAMEA Nerve Monitoring Devices Market share, by Product, 2030
FIG 14 LAMEA Nerve Monitoring Devices Market, by Product, 2019 - 2030, USD Million
FIG 15 LAMEA Nerve Monitoring Devices Market share, by Country, 2022
FIG 16 LAMEA Nerve Monitoring Devices Market share, by Country, 2030
FIG 17 LAMEA 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