Cochlear Implants Market 2020 Analysis, Growth, Vendors, Shares, Drivers, Challenges with Forecast to 2027

Press Release

Global Cochlear Implants Market Research Report - Forecast to 2023

Report Title: Cochlear Implants Market Research Report 2020-2027 | Market Size, Share, Technologies, Trends, Growth Patterns, Investments, CAGR

Introduction, Cochlear implants are used to treat the hearing problems in deaf patients. These implant has replaced the old hearing aid devices. Many manufacturers are involved in improving the quality and design of the cochlear implants. During the last few years, there has been a significant increase in the demand for cochlear implants. According to the research carried out by DeafandHoH.com LLC., in 2014, 360 million people worldwide were suffering from moderate to profound hearing loss. Additionally, according to the Centers for Disease Control and Prevention, by 2025, it is estimated that 900 million people across the globe are likely to suffer from hearing impairment of which around 90 million of these people may more likely from Europe., Notably, rising geriatric population is the key factor driving the cochlear implant market. According to the U.S. Census Bureau (2015), 8.5% of people across the globe i.e., 617 million were over age 65., Other push factors such as, increasing number of patients having hearing loss, acceptance of hearing implants by the patients with hearing disorders, and favorable reimbursement policies are also propelling the growth of the market. According to the National Institute on Deafness and Other Communication Disorders, in 2013, approximately 324,200 registered devices have been implanted worldwide., However, the cost of impacts can be more than USD 100,000 which are not affordable to the middle-class population, thus, the high cost of the implants may hamper the growth of the market., , , , , , The global cochlear implants market is expected to reach USD 3,203.8 million by 2023 at a CAGR of 9.86% during the forecast period., On the basis of product, market is segmented into the cochlear implant system, and accessories & upgrades. The cochlear implant system segment accounted for the largest market share of 77.7% during the forecast period., On the basis of type, market is segmented into unilateral implant and bilateral implant. The bilateral implant market is expected to grow at a CAGR of 10.48% from 2017 to 2023. , On the basis of end user, market is segmented into hospitals & clinics, ambulatory surgical centers, research & academic institutes, and others. The ambulatory surgical centers market is expected to grow at a CAGR of 10.22% from 2017 to 2023. , On the basis of regions, the market is segmented into Americas, Europe, Asia-Pacific and the Middle East & Africa. Americas captured a largest market share of around 41.1% in 2016 globally.

Key Players: –

Advanced Bionics AG, MED-El, Cochlear Ltd, GAES MÉDICA, William Demant Holding Group, Widex, and Microson S.A

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Target Audience

  • Cochlear Implants manufacturers
  • Cochlear Implants Suppliers
  • Cochlear Implants companies
  • Key executive (CEO and COO) and strategy growth manager

Study Objectives:
To provide insights about factors, influencing and affecting the market growth.
To provide historically and forecast revenue of the market segments and sub-segments with respect to regional markets and their countries.
To provide historical and forecast revenue of the market segments based on types, application, end user and others.
To provide strategic profiling of key players in the market, comprehensively analyzing their market share, core competencies, and drawing a competitive landscape for the market.

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Table of Contents:

1 INTRODUCTION
1.1 Definition
1.2 Scope of Study
1.2.1 RESEARCH OBJECTIVE
1.2.2 ASSUMPTIONS & LIMITATIONS
1.2.2.1 ASSUMPTIONS
1.2.2.2 LIMITATIONS
1.3 MARKET STRUCTURE:
2 RESEARCH METHODOLOGY
2.1 RESEARCH PROCESS:
2.2 Primary Research
2.3 SECONDARY RESEARCH:
3 MARKET DYNAMICS
3.1 DRIVERS
3.1.1 GROWING Demand for newly developed Cochlear Implants
3.1.2 Growing trend of Outsourcing
3.1.3 Growing Cochlear Implants Industry in developing nations
3.2 RESTRAINTS
3.3 OPPORTUNITIES
3.4 MACROECONOMIC INDICATORS
4 MARKET FACTOR ANALYSIS
4.1 Porters Five forces Model
4.2 Bargaining power of suppliers
4.3 BARGAINING POWER OF BUYERS
4.4 THREAT OF NEW ENTRANTS
4.5 Threat of Substitutes
4.6 Intensity of Rivalry
5 global Cochlear Implants market, by Type
6 global Cochlear Implants market, By Application
7 global Cochlear Implants market, By Manufacturing Methods
7.1 In-House Manufacturing
7.2 Contract Manufacturing
7.2.1 introduction
8 Global Cochlear Implants market, by region
8.1 North America
8.1.1 Introduction
8.2 Europe
8.2.1 Introduction
8.3 Asia-Pacific
8.3.1 introduction
8.4 Middle East & Africa
8.4.1 Introduction
9 Competitive landscape
9.1 Major Strategies adopted by market players
9.1.1 STRATEGIC PARTNERSHIP
9.1.2 Merger & Acquisition
10 company profile

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