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Saturday, 20 May 2017
Market Overview on Australia Electromyogram Monitoring and Diagnostics 2017
Australia Market Report for Electromyogram Monitoring and Diagnostics 2017 - MedCore is a new market research publication announced by Reportstack.
General Report Contents• Market Analyses include: Unit Sales, ASPs, Market Value & Growth Trends • Market Drivers & Limiters for each chapter segment • Competitive Analysis for each chapter segment • Section on recent mergers & acquisitions The total market for EMG monitoring includes both EMG monitoring devices and EMG consumables. This report considers the electro-diagnostic market which includes evoked potential studies (EP), nerve conduction studies (NCS), needle EMG and the associated consumables.
EMG monitors accounted for the majority of the total electromyogram monitoring market. Within the consumables market, concentric needles account for the majority of the total market segment. Over the forecast period, consumables will represent a growing proportion of the total market, due to a greater demand for EMG procedures among the growing elderly demographic. The monitor market, on the other hand, will remain flat as the market has reached saturation and continues to operate on a replacement basis. Slight growth is expected in the total market as consumable sales increase and prices stabilize across segments. New electro-diagnostic EMG device purchases will be modest, driven primarily by replacement sales and alternate care sites are expected to show little demand moving forward. However, sales of consumables are expected to continue to rise and cause the market to grow towards the end of the forecast period. Despite competitive price cutting by vendors, growth within the market is still expected due to the established install base and increasing procedural volumes.