Cochlear Implants Market 2018 | Top Market Players | William Demant Holding A/S, Sonova, Gaes Group, and Nurotron Biotechnology Co. Ltd.

Competitive Insights:

The market is heavily dominated by few large companies such as Cochlear Ltd. and MED-EL, who have a global presence and a diverse product portfolio. These players are highly focused on developing innovative products to sustain the market competition. For instance, in 2015, MED-EL received FDA approval for its SYNCHRONY cochlear implant, the first and only cochlear implant approved for 3.0T MRI without magnet removal. Some of the other key players in this market are William Demant Holding A/S, Sonova, Gaes Group, and Nurotron Biotechnology Co. Ltd.

Market Highlghts:

The global Cochlear Implants Market is expected to be around $3 billion in 2025.Innovations in customization of cochlear implant devices along with reimbursement policies in developing countries will drive the growth of this market. Technological advancements especially in sound chips are fuelling the demand for these products.

“Rise in geriatric population along with increased incidence of acquired hearing loss are also contributing to the market growth substantially. In 2014, the total American geriatric population was 46.2 million which represented 14.5% of the total population. By 2040, this will grow up to 21.7% of the total American population.”

Get Sample Report here: https://www.crystalmarketresearch.com/report-sample/HC052

Fitting Type Outlook and Trend Analysis

Unilateral implantations are witnessing high demand in the market owing to the low cost of surgery as compared to bilateral implantations. Bilateral implantation will witness fastest growth over the forecast period as they have exceptional results when implanted in children at an early age. Children using bilateral cochlear implants exhibit better vocabulary outcomes as compared to children of the same age using unilateral cochlear implants.

End User Outlook and Trend Analysis

Adults segment accounted for the highest share in the global market in 2016. This is due to fewer chances of complications for implantation in adults as compared to those in children and presence of large adult patient base. Pediatrics segment is estimated to witness fastest growth over the forecast period, owing to rise in awareness about the benefits of early implantations in children. After FDA’s approval for implantation in children as young as 12 months in age, awareness of benefits of cochlear implants in children to succeed in mainstream classrooms has increased.

Regional Outlook and Trend Analysis

Europe constituted the major market share of the overall market in 2016, owing to the advanced health infrastructure in the European Union. Presence of huge patient base along with increased adoption of implants is the key factor for the market growth. North America is the second largest market for implants because of the presence of favorable reimbursement policies along with the high purchasing power of people in this region.

Asia-Pacific market is expected to record fastest growth over the forecast period, due to increased awareness and favorable government initiatives in developing countries to increased awareness about the benefits of early implantation in children. For instance, Medtronic launched the Shruti Program in India which aims to increase awareness about diagnosis and treatment of underserved patients, especially children affected by ear disorders.

cochlear implants Market - By Region:

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
North America (U.S, Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
Rest of the World (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others)

Browse the Report with Table of Content: https://www.crystalmarketresearch.com/report/cochlear-implants-market

Cochlear implants Market - Table of Contents:
Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
Executive Summary
2.1. Key Highlights
Market Overview
Cochlear Implants Market, By Fitting Type
4.1. Introduction
4.2. Cochlear Implants Market Assessment and Forecast, By Fitting Type, 2016-2025
4.3. Unilateral Implantation
4.3.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.4. Bilateral Implantation
4.4.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
Cochlear Implants Market, By End User
5.1. Introduction
5.2. Cochlear Implants Market Assessment and Forecast, By End User, 2016-2025
5.3. Adults
5.3.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
5.4. Pediatrics
5.4.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
Cochlear Implants Market, By Region
Company Profiles
Continue…

List of Tables

Table 1.Global Cochlear Implants Market, By Fitting Type ($Million), 2016-2025
Table 2.Unilateral Implantation Market, By Region ($Million), 2016-2025
Table 3.Bilateral Implantation Market, By Region ($Million), 2016-2025
Table 4.Cochlear Implants Market, By End User ($Million), 2016-2025
Table 5.Adults Market, By Region ($Million), 2016-2025
Table 6.Pediatrics Market, By Region ($Million), 2016-2025
Table 7.Cochlear Implants Market, By Region, 2016-2025 ($Million)
Table 8.North America Cochlear Implants Market, By Country, 2016-2025 ($Million)
Table 9.North America Cochlear Implants Market, By Fitting Type, 2016-2025 ($Million)
Table 10.North America Cochlear Implants Market, By End User, 2016-2025 ($Million)
Table 11.U.S. Cochlear Implants Market, by Fitting Type, 2016-2025 ($Million)
Table 12.U.S. Cochlear Implants Market, by Fitting Type, 2016-2025 ($Million)
Table 13.Canada Cochlear Implants Market, By Fitting Type, 2016-2025 ($Million)
Table 14.Canada Cochlear Implants Market, By Fitting Type, 2016-2025 ($Million)
Continue…

Reason to Buy:

1) An extensive research study on the Global cochlear implants Market, and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the cochlear implants Market.
2) We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share region wise.
3) The report gives a bird eyes view on the competitive landscape which includes mergers and acquisitions, collaborations, market strategies, and new product launches.
Continue…

Make an enquiry: https://www.crystalmarketresearch.com/send-an-enquiry/HC052

About Crystal Market Research:
Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

Contact Us:
Judy S
304 South Jones Blvd, Suite 1896,
Las Vegas NV 89107,
United States
Toll Free: +1-888-213-4282
Email: sales@crystalmarketresearch.com

This release was published on openPR.