Global cochlear implants Market by Regions, Type and Application, Forecast 2025
Global cochlear implants market is driven by the technological advancements in the cochlear implants, product customizations and strategies of the market players to reach the wide number of patients. According to World Health Organization WHO, 360 million
(EMAILWIRE.COM, June 05, 2018 ) Global cochlear implants market is driven by the technological advancements in the cochlear implants, product customizations and strategies of the market players to reach the wide number of patients. According to World Health Organization WHO, 360 million people living with disabling hearing loss currently worldwide. One in three people of over the age 65 has a form of hearing loss, and approximately 37 Mn people can be benefited by the use of an implantable hearing device such as a bone conduction implant or a cochlear implant. Furthermore, market players launched new advanced products such as cochlear implants with advancements like noise reduction and connecting to mobile devices. With the light of these advancements cochlear implants market is expected to grow at significant rate over the forecast period. However, high cost of devices and lack of awareness regarding available devices are hindering the cochlear implants market.
A cochlear implant is surgically implantable electronic device that provides a sense of sound to a person with severe or mild hearing loss. Hearing loss, also known as hearing impairment, is a partial or total inability to hear. Cochlear implant does not treat hearing loss or impairment. Cochlear implant directly stimulates the cochlea and replaces the function of damaged structures inner ear. Unlike the hearing aids, that make sounds louder, cochlear implants directly provide sound signals to the brain.
Cochlear implants market segmented based on implantation type and enduser
Based on implantation type, cochlear implants market is segmented into
Unilateral Implantation
Bilateral Implantation
Based on enduser, cochlear implants market is segmented into
Hospitals
Specialty Clinics
Ambulatory Surgical Centers
Cochlear implants market is expected to grow at notable CAGR rate during the forecast period. The market has few and prominent players. Companies competing by expanding their regional coverage, adopting new technologies, and customising their products by offering new features and making devices userfriendly. For instance, In June 2018, U.S. FDA has approved the Cochlear Ltd.’s nucleus 7, it is the first cochlear implant sound solution that made specifically to use with iPods, iPhones and iPads. It is also a lightest and smallest behind the ear cochlear implant currently in the market. Furthermore, big companies are acquiring small and medium size firms to expand their market position. For instance, in 2013, William Demant acquired, Neurelec SA., a French manufacturer of cochlear implants. With the acquisition of Neurelec, William Demant Group will get additional cochlear implant portfolio. Entry into this segment of the implant market, which is characterized by significant, longterm growth potential, will strengthen the company’s Oticon Medical division.
Get More Information about this Report @ https://www.planetmarketreports.com/reports/cochlear-implants-market-352
Geographically cochlear implants market segmented into following regions viz. North America, Europe, AsiaPacific, Latin America, and Middle East & Africa. Europe is expected to have major market share in cochlear implants market due to the presence of large number of hearing loss or impaired patients According to Hearit.org, Evaluation of the Social and Economic Costs of Hearing Impairment, October 2006, 16% of Europe’s adult population suffering from hearing loss., technological advancements, growing elder population and increase in the adaptation of implant systems by hearing impaired patients. North America cochlear implant market expected to grow at significant rate owing to increase in a number of deaf people and increase in adaptation of new technologies and wellestablished infrastructure. According to the National Institute on Deafness and Other Communication Disorders, around 2 to 3 children out of every 1,000 children in U.S., born with a detectable hearing loss in either one or both ears. AsiaPacific cochlear implants market anticipated growing at fastest rate due to increase in awareness regarding cochlear implants and local presence of market players.
Some of the players in cochlear implants market are Cochlear Australia, MEDEL Austria, Sonova Holding AG Switzerland, The William Demant Holding Group Denmark, Nurotron Biotechnology Co. Ltd. U.S and Microson Spain to name a few
In September 2017, Cochlear Ltd. launched thinnest peri modiolar electrode for their cochlear implant. This electrode helps to protect the delicate structures of the inner ear
Table of Contents
Cochlear implants Market Report 2018
Executive Summary
2. Global cochlear implants Market Introduction
3. Global cochlear implants Market Dynamics
4. Global cochlear implants Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024
5. Global cochlear implants Market, By Product Type, 2013 2017 and Forecast, 2018 – 2024 Revenue, USD Mn
To be continuing….!!!
To Browse Similar Reports @ https://www.planetmarketreports.com/category/medical-devices
About Us :
Planet Market Reports gives statistical surveying reports to businesses, people and associations with a goal of helping them in their decision making process. We have huge database of market research reports & company profiles across globe. We associated with global market research a publisher who has a wide range of research specialists & industry experts which provides you deeper penetration of market research industry.
We have statistical surveying reports from number of top publishers and update our reports collections on daily basis with most recent research data to furnish our customers with the moment online access to our database. With access to this database, our customers will be able to benefit from expert insights on worldwide businesses, items, and market patterns. We help you in your buy choice by mapping your data needs with our immense accumulation of reports.
Contact Us :
Name: Ronald James
Email-Id: ronald.james@planetmarketreports.com
US : +1-716-2260907
UK : +447441952057
Organization: Planet Market Reports
A cochlear implant is surgically implantable electronic device that provides a sense of sound to a person with severe or mild hearing loss. Hearing loss, also known as hearing impairment, is a partial or total inability to hear. Cochlear implant does not treat hearing loss or impairment. Cochlear implant directly stimulates the cochlea and replaces the function of damaged structures inner ear. Unlike the hearing aids, that make sounds louder, cochlear implants directly provide sound signals to the brain.
Cochlear implants market segmented based on implantation type and enduser
Based on implantation type, cochlear implants market is segmented into
Unilateral Implantation
Bilateral Implantation
Based on enduser, cochlear implants market is segmented into
Hospitals
Specialty Clinics
Ambulatory Surgical Centers
Cochlear implants market is expected to grow at notable CAGR rate during the forecast period. The market has few and prominent players. Companies competing by expanding their regional coverage, adopting new technologies, and customising their products by offering new features and making devices userfriendly. For instance, In June 2018, U.S. FDA has approved the Cochlear Ltd.’s nucleus 7, it is the first cochlear implant sound solution that made specifically to use with iPods, iPhones and iPads. It is also a lightest and smallest behind the ear cochlear implant currently in the market. Furthermore, big companies are acquiring small and medium size firms to expand their market position. For instance, in 2013, William Demant acquired, Neurelec SA., a French manufacturer of cochlear implants. With the acquisition of Neurelec, William Demant Group will get additional cochlear implant portfolio. Entry into this segment of the implant market, which is characterized by significant, longterm growth potential, will strengthen the company’s Oticon Medical division.
Get More Information about this Report @ https://www.planetmarketreports.com/reports/cochlear-implants-market-352
Geographically cochlear implants market segmented into following regions viz. North America, Europe, AsiaPacific, Latin America, and Middle East & Africa. Europe is expected to have major market share in cochlear implants market due to the presence of large number of hearing loss or impaired patients According to Hearit.org, Evaluation of the Social and Economic Costs of Hearing Impairment, October 2006, 16% of Europe’s adult population suffering from hearing loss., technological advancements, growing elder population and increase in the adaptation of implant systems by hearing impaired patients. North America cochlear implant market expected to grow at significant rate owing to increase in a number of deaf people and increase in adaptation of new technologies and wellestablished infrastructure. According to the National Institute on Deafness and Other Communication Disorders, around 2 to 3 children out of every 1,000 children in U.S., born with a detectable hearing loss in either one or both ears. AsiaPacific cochlear implants market anticipated growing at fastest rate due to increase in awareness regarding cochlear implants and local presence of market players.
Some of the players in cochlear implants market are Cochlear Australia, MEDEL Austria, Sonova Holding AG Switzerland, The William Demant Holding Group Denmark, Nurotron Biotechnology Co. Ltd. U.S and Microson Spain to name a few
In September 2017, Cochlear Ltd. launched thinnest peri modiolar electrode for their cochlear implant. This electrode helps to protect the delicate structures of the inner ear
Table of Contents
Cochlear implants Market Report 2018
Executive Summary
2. Global cochlear implants Market Introduction
3. Global cochlear implants Market Dynamics
4. Global cochlear implants Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024
5. Global cochlear implants Market, By Product Type, 2013 2017 and Forecast, 2018 – 2024 Revenue, USD Mn
To be continuing….!!!
To Browse Similar Reports @ https://www.planetmarketreports.com/category/medical-devices
About Us :
Planet Market Reports gives statistical surveying reports to businesses, people and associations with a goal of helping them in their decision making process. We have huge database of market research reports & company profiles across globe. We associated with global market research a publisher who has a wide range of research specialists & industry experts which provides you deeper penetration of market research industry.
We have statistical surveying reports from number of top publishers and update our reports collections on daily basis with most recent research data to furnish our customers with the moment online access to our database. With access to this database, our customers will be able to benefit from expert insights on worldwide businesses, items, and market patterns. We help you in your buy choice by mapping your data needs with our immense accumulation of reports.
Contact Us :
Name: Ronald James
Email-Id: ronald.james@planetmarketreports.com
US : +1-716-2260907
UK : +447441952057
Organization: Planet Market Reports
Contact Information:
Planet Market Reports
Himesh Khatri
Tel: 9834406269
Email us
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Planet Market Reports
Himesh Khatri
Tel: 9834406269
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results