Press release
Cochlear Implant System Market Trend to 2023 Profiling Cochlear, MED-EL, Advanced Bionics, Oticon, Hangzhou Nurotron, Listent Medical & More
Cochlear Implant System
This report presents a comprehensive overview, market shares, and growth opportunities of Cochlear Implant System Market by product type, application, key manufacturers and key regions. Over the next five years, Cochlear Implant System will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
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A Cochlear Implant (CI) System is a small, complex electronic device that can help to provide a sense of sound to a person who is profoundly deaf or severely hard-of-hearing. The implant consists of an external portion that sits behind the ear and a second portion that is surgically placed under the skin.
In terms of products type, the market is segmented into unilateral implantation and bilateral implantation. In 2016, unilateral implantation dominated the overall cochlear implant market, accounting for over 97% of global market. The dominance of unilateral implantation is majorly due to a higher demand for the product. Unilateral implantation surgery is conducted at a lower cost as compared to bilateral implant. Bilateral implantation is expected to witness the fastest growth during the forecast period.
Due to the high technical threshold, the concentration of cochlear implants system market is very high. Cochlear from Australia is a giant player in this market, accounting for almost 60% of global market. Other leading companies are MED-EL, Advanced Bionics (Sonova), Oticon (William Demant), Hangzhou Nurotron and Listent Medical.
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Market Segment by Manufacturers, this report covers:
Cochlear, MED-EL, Advanced Bionics (Sonova), Oticon (William Demant), Hangzhou Nurotron, Listent Medical.
Segmentation by product type:
Unilateral
Binaural
Segmentation by application:
Adult
Pediatric
Research objectives:
To study and analyze the global Cochlear Implant System market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Cochlear Implant System market by identifying its various subsegments.
Focuses on the key global Cochlear Implant System players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Cochlear Implant System with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Cochlear Implant System submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
More Details on this Report At: https://www.marketstudyreport.com/reports/2018-2023-global-cochlear-implant-ci-system-consumption-market-report
Related Report:
North America Cochlear Implant (CI) System Market by Manufacturers, Countries, Type and Application, Forecast to 2022
This report focuses on the Cochlear Implant (CI) System in North America market, especially in United States, Canada and Mexico. This report categorizes the market based on manufacturers, countries, type and application.
https://www.marketstudyreport.com/reports/north-america-cochlear-implant-ci-system-market-by-manufacturers-countries-type-and-application-forecast-to-2022/?utm_source=RR-PSR
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