INTRAOPERATIVE MONITORING ELECTRODES MARKET ANALYSIS

Market News

Global Intraoperative Monitoring Electrodes Market: Key Developments

In November 2022, Henkel, a chemical and consumer goods company, and Quad Industries, a Belgian specialist in printed electronics, developed a new concept to enable innovations for smart health patches with accelerated speed to market at a lower cost. The partners are offering a demo package of twelve electrodes that customers can order online. The demo package is designed to allow engineers to quickly test the functionalities of their concepts, significantly reducing the development time by up to three months and lowering the overall design costs.

In May 2021, WISE Srl, a medical device company developing next-generation implantable electrodes for neuromonitoring, neuromodulation, and brain-machine interfacing (BMI), announced that it has received Conformité Européenne (CE) marking for its WISE Cortical Strip (WCS), a single-use medical device intended to be used on the surface of the brain for intraoperative neurophysiological monitoring (IONM).

Global Intraoperative Monitoring Electrodes Market: Key Trends

Increasing product approvals from regulatory authorities

To expand product portfolio, key market players are focusing on product approvals from regulatory authorities which is expected to drive the intraoperative monitoring electrodes market growth over the forecast period. For instance, in November 2022, Neurosteer Inc., a developer of wearable brain activity interpretation platform, announced it had secured the U.S. Food and Drug Administration (FDA) approval for its single-channel EEG brain monitoring platform. The platform leverages an adhesive electrode strip connected to a pocket-sized sensor that wirelessly transmits EEG data to the cloud to advance the legacy EEG technology.