Here are six things to know about the North American intraoperative neuromonitoring market:
1. The United States market is expected to grow at an 8.19 percent compound annual growth rate from 2015 to 2019.
2. Technological advancements are driving the regional industry. They are integral to modern surgical procedures.
3. In 2013, the North American intraoperative imaging market was valued at $196.9 million in 2013 and is expected to reach $235.1 million by 2019. This is a 3.6 percent compound annual growth rate.
4. Intraoperative ultrasound is the largest intraoperative imaging market, constituting 51.4 percent of the market share in 2013. The intraoperative ultrasound market is expected to reach $119 million by 2018, which is growing at a CAGR of 4.2 percent.
5. Intraoperative ultrasound is a valuable technique for surgeons to improve decision making during surgical procedures, which will drive its growth.
6. The United States is the largest intraoperative imaging market in North America. Canada is the second largest market and Mexico is the third.
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