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Cochlear Implants Market Analysis By Advanced Bionics AG, MED-El, Cochlear Ltd, GAES MDICA, William Demant Holding Group

03-23-2020 06:11 PM CET | Health & Medicine

Press release from: Report Hive Research

Cochlear Implants Market Analysis By Advanced Bionics AG,

"The global cochlear implants market is expected to reach USD 3,203.8 million by 2024 at a CAGR of 9.86% during the forecast period."

Cochlear Implants Market research report covers detailed analysis of industry share, growth factors, development trends, size, major manufacturers and 2025 forecast. The report also analyses innovative business strategies, value added factors and business opportunities.

Cochlear implants are used to treat the hearing problems in deaf patients. These implant has replaced the old hearing aid devices. Many manufacturers are involved in improving the quality and design of the cochlear implants. During the last few years, there has been a significant increase in the demand for cochlear implants. According to the research carried out by DeafandHoH.com LLC., in 2014, 360 million people worldwide were suffering from moderate to profound hearing loss. Additionally, according to the Centers for Disease Control and Prevention, by 2025, it is estimated that 900 million people across the globe are likely to suffer from hearing impairment of which around 90 million of these people may more likely from Europe.

Notably, rising geriatric population is the key factor driving the cochlear implant market. According to the U.S. Census Bureau (2015), 8.5% of people across the globe i.e., 617 million were over age 65.

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Company Coverage (Sales Revenue, Price, Gross Margin, Main Products etc.):
Advanced Bionics AG
MED-El
Cochlear Ltd
GAES MDICA
William Demant Holding Group and more...

On the basis of regions, the market is segmented into Americas, Europe, Asia-Pacific and the Middle East and Africa. Americas captured a largest market share of around 41.1% in 2016 globally.

Market Information by Product
Cochlear Implant System
Accessories and Upgrades
The cochlear implant system segment accounted for the largest market share of 77.7% during the forecast period.

Key Findings
Americas accounted for the largest market share in the global cochlear implants market, USD 610.9 million in 2016 and expected to reach by USD 1,273.0 million by 2023 at a fastest CAGR of 9.40%
Bilateral Implant type is the fastest growing segment with a CAGR of and 10.48% in the global cochlear implants market, by type
Accessories and Upgrades segment is growing at a CAGR of 10.27% in the global cochlear implants market, by product.
And more....

Market Information by Type
Unilateral Implant
Bilateral Implant
The bilateral implant market is expected to grow at a CAGR of 10.48% from 2017 to 2023.

Market Information End User
Hospitals and Clinics
Ambulatory Surgical Centers
Research and Academic Institutes
Others
The ambulatory surgical centers market is expected to grow at a CAGR of 10.22% from 2017 to 2023.

Target Audience
Cochlear implants manufacturers
Cochlear implants Suppliers
Cochlear implants Distributors
Medical Device companies
Research and Development (RandD) Companies
Medical Research Laboratories
Academic Medical Institutes and Universities

Table of Content
1 Report Prologue
2 Market Introduction
3 Research Methodology
4 Market Dynamics
5 Global Cochlear Implants Market, By Product
6 Global Cochlear Implants Market, By Type
7 Global Cochlear Implants Market, By End User
8 Global Cochlear Implants Market, By Region
9 Company Landscape

10 Company Profiles
10.1 Advanced Bionics AG
10.1.1 Company Overview
10.1.2 Financials
10.1.3 Products
10.1.4 Strategy
10.1.5 Key Developments
10.2 MED-EL
10.2.1 Company Overview
10.2.2 Financials
10.2.3 Products
10.2.4 Strategy
10.2.5 Key Developments
10.3 Cochlear Ltd
10.3.1 Company Overview
10.3.2 Financials
10.3.3 Products
10.3.4 Strategy
10.3.5 Key Developments
10.4 GAES MDICA
Continued

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Report Hive Research delivers strategic market research reports, statistical survey, and Industry analysis and forecast data on products and services, markets and companies. Our clientele ranges mix of global Business Leaders, Government Organizations, SME's, Individual and Start-ups, Management Consulting Firms, and Universities etc. Our library of 600,000+ market reports covers industries like Chemical, Healthcare, IT, Telecom, Semiconductor, etc. in the USA, Europe Middle East, Africa, Asia Pacific. We help in business decision-making on aspects such as market entry strategies, market sizing, market share analysis, sales and revenue, technology trends, competitive analysis, product portfolio and application analysis etc.

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