Cochlear Implants Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013 to 2017 and Forecast 2018 to 2024

Date : Apr 2018

Formats :
Report Code : PMR83649603

Category : Medical Devices
No Of Pages :
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.

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
1. Executive Summary
2. Global Cochlear Implants Market Introduction
2.1. Global Cochlear Implants Market – Taxonomy
2.2. Global Cochlear Implants Market –Definitions
2.2.1. Implantation Type
2.2.2. End User
3. Global Cochlear Implants Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Cochlear Implants Market Dynamic Factors Impact Analysis
4. Global Cochlear Implants Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024
4.1. Market Analysis, 2013 2017 and Forecast, 2018 – 2024 Revenue, USD Mn
4.2. YearoverYear YoY Growth Analysis %
4.3. Market Opportunity Analysis
5. Global Cochlear Implants Market, By Implantation Type, 2013 2017 and Forecast, 2018 – 2024 Revenue, USD Mn
5.1. Unilateral Implantation
5.1.1. Market Analysis, 2013 2017 and Forecast, 2018 – 2024 Revenue, USD Mn
5.1.2. YearoverYear YoY Growth Analysis % and Market Share Analysis %
5.1.3. Market Opportunity Analysis
5.2. Bilateral Implantation
5.2.1. Market Analysis, 2013 2017 and Forecast, 2018 – 2024 Revenue, USD Mn
5.2.2. YearoverYear YoY Growth Analysis % and Market Share Analysis %
5.2.3. Market Opportunity Analysis
6. Global Cochlear Implants Market, By End User, 2013 2017 and Forecast, 2018 – 2024 Revenue, USD Mn
6.1. Hospitals
6.1.1. Market Analysis, 2013 2017 and Forecast, 2018 – 2024 Revenue, USD Mn
6.1.2. YearoverYear YoY Growth Analysis % and Market Share Analysis %
6.1.3. Market Opportunity Analysis
6.2. Specialty Clinics
6.2.1. Market Analysis, 2013 2017 and Forecast, 2018 – 2024 Revenue, USD Mn
6.2.2. YearoverYear YoY Growth Analysis % and Market Share Analysis %
6.2.3. Market Opportunity Analysis
6.3. Ambulatory Surgical Centers
6.3.1. Market Analysis, 2013 2017 and Forecast, 2018 – 2024 Revenue, USD Mn
6.3.2. YearoverYear YoY Growth Analysis % and Market Share Analysis %
6.3.3. Market Opportunity Analysis
7. Global Cochlear Implants Market Forecast, By Region, 2013 2017 and Forecast, 2018 – 2024 Revenue, USD Mn
7.1. North America
7.1.1. Market Analysis, 2013 2017 and Forecast, 2018 – 2024 Revenue, USD Mn
7.1.2. YearoverYear YoY Growth Analysis % and Market Share Analysis %
7.1.3. Market Opportunity Analysis
7.2. Europe
7.2.1. Market Analysis, 2013 2017 and Forecast, 2018 – 2024 Revenue, USD Mn
7.2.2. YearoverYear YoY Growth Analysis % and Market Share Analysis %
7.2.3. Market Opportunity Analysis
7.3. AsiaPacific
7.3.1. Market Analysis, 2013 2017 and Forecast, 2018 – 2024 Revenue, USD Mn
7.3.2. YearoverYear YoY Growth Analysis % and Market Share Analysis %
7.3.3. Market Opportunity Analysis
7.4. Latin America
7.4.1. Market Analysis, 2013 2017 and Forecast, 2018 – 2024 Revenue, USD Mn
7.4.2. YearoverYear YoY Growth Analysis % and Market Share Analysis %
7.4.3. Market Opportunity Analysis
7.5. Middle East and Africa
7.5.1. Market Analysis, 2013 2017 and Forecast, 2018 – 2024 Revenue, USD Mn
7.5.2. YearoverYear YoY Growth Analysis % and Market Share Analysis %
7.5.3. Market Opportunity Analysis
7.6. Global Cochlear Implants Market Opportunity Analysis Index, By Implantation Type, By End User, and Region, 2018 – 2024
8. North America Cochlear Implants Market Analysis, 2013 2017 and Forecast, 2018 – 2024 Revenue, USD Mn
8.1. Implantation Type Analysis 2013 2017 and Forecast 2018 – 2024 by Revenue USD Mn, YoY Growth %, and Market Share %
8.1.1. Unilateral Implantation
8.1.2. Bilateral Implantation
8.2. End User Analysis 2013 2017 and Forecast 2018 – 2024 by Revenue USD Mn, YoY Growth %, and Market Share %
8.2.1. Hospitals
8.2.2. Specialty Clinics
8.2.3. Ambulatory Surgical Centers
8.3. Country Analysis 2017 and Forecast 2018 – 2024 by Revenue USD Mn YoY Growth % and Market Share %
8.3.1. U.S.
8.3.2. Canada
8.4. North America Cochlear Implants Market Opportunity Analysis Index, By Implantation Type, By End User, and Country, 2018 – 2024
8.5. North America Cochlear Implants Market Dynamics – Trends
9. Europe Cochlear Implants Market Analysis, 2013 2017 and Forecast, 2018 – 2024 Revenue, USD Mn
9.1. Implantation Type Analysis 2013 2017 and Forecast 2018 – 2024 by Revenue USD Mn, YoY Growth %, and Market Share %
9.1.1. Unilateral Implantation
9.1.2. Bilateral Implantation
9.2. End User Analysis 2013 2017 and Forecast 2018 – 2024 by Revenue USD Mn, YoY Growth %, and Market Share %
9.2.1. Hospitals
9.2.2. Specialty Clinics
9.2.3. Ambulatory Surgical Centers
9.3. Country Analysis 2013 2017 and Forecast 2018 – 2024 by Revenue USD Mn YoY Growth % and Market Share %
9.3.1. Germany
9.3.2. UK
9.3.3. France
9.3.4. Spain
9.3.5. Italy
9.3.6. Russia
9.3.7. Poland
9.3.8. Rest of Europe
9.4. Europe Cochlear Implants Market Opportunity Analysis Index, By Implantation Type, By End User, and Country, 2018 – 2024
9.5. Europe Cochlear Implants Market Dynamics – Trends
10. AsiaPacific Cochlear Implants Market Analysis, 2013 2017 and Forecast, 2018 – 2024 Revenue, USD Mn
10.1. Implantation Type Analysis 2013 2017 and Forecast 2018 – 2024 by Revenue USD Mn, YoY Growth %, and Market Share %
10.1.1. Unilateral Implantation
10.1.2. Bilateral Implantation
10.2. End User Analysis 2013 2017 and Forecast 2018 – 2024 by Revenue USD Mn, YoY Growth %, and Market Share %
10.2.1. Hospitals
10.2.2. Specialty Clinics
10.2.3. Ambulatory Surgical Centers
10.3. Country Analysis 2013 2017 and Forecast 2018 – 2024 by Revenue USD Mn YoY Growth % and Market Share %
10.3.1. Japan
10.3.2. China
10.3.3. India
10.3.4. ASEAN
10.3.5. Australia & New Zealand
10.3.6. Rest of AsiaPacific
10.4. AsiaPacific Cochlear Implants Market Opportunity Analysis Index, By Implantation Type, By End User, and Country, 2018 – 2024
10.5. AsiaPacific Cochlear Implants Market Dynamics – Trends
11. Latin America Cochlear Implants Market Analysis, 2013 2013 2013 2017 and Forecast, 2018 – 2024 Revenue, USD Mn
11.1. Implantation Type Analysis 2013 2017 and Forecast 2018 – 2024 by Revenue USD Mn, YoY Growth %, and Market Share %
11.1.1. Unilateral Implantation
11.1.2. Bilateral Implantation
11.2. End User Analysis 2013 2017 and Forecast 2018 – 2024 by Revenue USD Mn, YoY Growth %, and Market Share %
11.2.1. Hospitals
11.2.2. Specialty Clinics
11.2.3. Ambulatory Surgical Centers
11.3. Country Analysis 2013 2017 and Forecast 2018 – 2024 by Revenue USD Mn YoY Growth % and Market Share %
11.3.1. Brazil
11.3.2. Mexico
11.3.3. Argentina
11.3.4. Venezuela
11.3.5. Rest of Latin America
11.4. Latin America Cochlear Implants Market Opportunity Analysis Index, By Implantation Type, By End User, and Country, 2018 – 2024
11.5. Latin America Cochlear Implants Market Dynamics – Trends
12. Middle East and Africa Cochlear Implants Market Analysis, 2013 2017 and Forecast, 2018 – 2024 Revenue, USD Mn
12.1. Implantation Type Analysis 2013 2017 and Forecast 2018 – 2024 by Revenue USD Mn, YoY Growth %, and Market Share %
12.1.1. Unilateral Implantation
12.1.2. Bilateral Implantation
12.2. End User Analysis 2013 2017 and Forecast 2018 – 2024 by Revenue USD Mn, YoY Growth %, and Market Share %
12.2.1. Hospitals
12.2.2. Specialty Clinics
12.2.3. Ambulatory Surgical Centers
12.3. Country Analysis 2013 2017 and Forecast 2018 – 2024 by Revenue USD Mn YoY Growth % and Market Share %
12.3.1. Gulf Cooperation Council GCC Countries
12.3.2. Israel
12.3.3. South Africa
12.3.4. Rest of MEA
12.4. MEA Cochlear Implants Market Opportunity Analysis Index, By Implantation Type, By End User, and Country, 2018 – 2024
12.5. MEA Cochlear Implants Market Dynamics – Trends
13. Competition Landscape
13.1. Strategic Dashboard of Top Market Players
13.2. Company Profiles Introduction, Financial Analysis, Product & Service Offerings, Key Developments, Strategies, and SWOT Analysis
13.2.1. Cochlear Australia
13.2.2. MEDEL Austria
13.2.3. Sonova Holding AG Switzerland
13.2.4. The William Demant Holding Group Denmark
13.2.5. Nurotron Biotechnology Co. Ltd. U.S
13.2.6. Microson Spain
14. Research Methodology
15. Key Assumptions and Acronyms
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