Intraoperative Neuromonitoring (IONM) Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)


Intraoperative Neuromonitoring (IONM) Market Analysis:

1. The forecasted period from 2022 to 2027 anticipates a steady expansion of the intraoperative neuromonitoring (IONM) market, with a projected compound annual growth rate (CAGR) of 6.5%. However, the global market has faced significant challenges due to the impact of the COVID-19 pandemic. The suspension and postponement of elective surgeries and treatments during the pandemic have had a profound effect on the growth of the brain implants market. This measure was taken to prioritize hospital resources and staff for the treatment of COVID-19 patients, resulting in a setback for the intraoperative neuromonitoring market.

2. Recent research studies have shed light on the impact of COVID-19 on patients with neurological disorders, particularly Parkinson’s disease. A study published in medRXiV revealed that the prevalence of SARS-COV2 viral infection among Parkinson’s disease patients was 11.28%. Furthermore, the prevalence among patients with deep brain stimulation, a common treatment for Parkinson’s disease, was even higher at 18.18%. These findings highlight the adverse effects of COVID-19 on the intraoperative neuromonitoring market, as the pandemic has directly affected the patient population and their access to necessary treatments.

3. In addition to the direct impact on patients, the COVID-19 lockdown measures have also exacerbated the management of neurological disorders. A research study published in Frontiers in Neurology highlighted the worsening of motor and psychiatric symptoms in Parkinson’s disease patients and dystonic patients treated with deep brain stimulation during the lockdown restrictions. This has led to increased stress in the management of neurological disorders, further hindering the growth of the intraoperative neuromonitoring market. Despite these challenges, the market is expected to grow in the coming years, driven by factors such as the rising prevalence of chronic diseases and the growing emphasis on patient safety during complex surgeries.

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