Press release
Cochlear Implants Market Analysis and Technological Innovation by Top Key Players - Nurotron Biotechnology Co. Ltd., Widex USA, Inc., Gaes Group, William Demant Holding A/S, Advanced Bionics AG and affiliates
Cochlear Implants Market
North America expected to observe a significant growth in coming years due to increasing number of market players manufacturing cochlear implants and developments in healthcare infrastructure. In Asia Pacific, rising geriatric population and increasing prevalence of hearing loss also supports the market growth.
Some of the key players influencing the market are Cochlear Ltd., MED-EL, Sonova, Oticon Medical, Starkey, Nurotron Biotechnology Co. Ltd., Widex USA, Inc., Gaes Group, William Demant Holding A/S, Advanced Bionics AG and affiliates and others.
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Growth of the market for cochlear implants is driven by technological advancements and favorable reimbursements for cochlear implantation surgery. Furthermore, strategic approaches such as product launches, partnerships, collaboration and acquisition by key players also fuel the growth of the market.
A cochlear implants are electronic devices that help in restoring hearing. These devices are used by people having severe hearing loss from inner-ear damage and who receive limited benefit from hearing aids. A cochlear implant bypasses damaged areas of the ear thereby delivering sound signals to the auditory nerve. A sound processor, fitting behind the ear, captures sound signals and transmits them to a receiver implanted under the skin behind the ear. Thereafter, the receiver sends the signals to electrodes implanted in the cochlea.
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Cochlear Implants Market by Type of Fitting:
Unilateral Implantation
Bilateral Implantation
Cochlear Implants Market by Type of End User:
Adults
Pediatrics
Table of Content:
Chapter 1. Introduction
Chapter 2. Key Takeaways
Chapter 3. Cochlear Implants Market Landscape
Chapter 4. Cochlear Implants Market – Key Industry Dynamics
Chapter 5. Cochlear Implants Market – Global Analysis
Chapter 6. Cochlear Implants Market Revenue and Forecasts to 2025
Chapter 15. Company Profiles
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