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Auditory Brainstem Implant Market could be worth US$ 114.67 million by 2030,says Premium Market Insights
Auditory Brainstem Implant Market Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Component (Microphone, Decoding Chip, and Electrodes), Age Group (Adults and Pediatric), Application (Sensorineural Hearing Loss and Conductive Hearing Loss), and End User (Hospitals, ENT Clinics, and Ambulatory Surgical Centers) and Geography (North America, Europe, Asia-Pacific, Middle East & Africa, and South & Central America) The global Auditory Brainstem Implant market is expected to reach US$ 114.67 million in 2030 from US$ 61.19 million in 2022. The market is estimated to grow with a CAGR of 8.2% from 2022 to 2030.Get PDF Sample Report + All Related Table and Graphs @: https://www.premiummarketinsights.com/sample/TIP00083434?utm_source=OpenPR&utm_medium=10823
Competitive Landscape: Auditory Brainstem Implant Market:
An auditory brainstem implant (ABI) is similar to the cochlear implant (CI) used to provide hearing perception to children and adults with hearing disabilities. Unlike CIs, the ABI directly stimulates the second-order neurons of the cochlear nucleus. This stimulation can help patients who cannot receive a CI or have retrocochlear deafness, such as those with NF2, to regain their auditory abilities. In an article published by StatPearls in 2023, the US reports 5 to 27 cases of sudden sensorineural hearing loss (SNHL) per 100,000 people yearly, resulting in ~66,000 new cases annually. In addition, ~16% of adults worldwide with disabling hearing loss have noise-induced hearing loss (NIHL), another significant cause of hearing loss in adults related to occupational noise. It remains a common occupational disease despite legislation to prevent NIHL in most developed countries. Many studies have found that ABIs successfully restore hearing for Neurofibromatosis type 2 (NF2) patients with bilateral deafness. In an article published by Wolters Kluwer in February 2021, a study was carried out to assess auditory brainstem implantation in a case of a 65-year-old male diagnosed with bilateral cochlear otosclerosis and profound sensorineural hearing loss. The study concluded that extensive otosclerosis of the cochlea may lead to a poor outcome of cochlear implantation. An Auditory Brainstem Implant (ABI) could be considered an alternative treatment for profound sensorineural hearing loss in deaf children and adults who receive little or no benefit from hearing aids and aren't suitable candidates for cochlear implants.
Cochlear Limited
Med-EL, Oticon Medical
Zhejiang?Nurotron Biotechnology Co. Ltd.
Sonova Holding AG
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Chapter Details of Auditory Brainstem Implant Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Auditory Brainstem Implant Market Landscape
Part 04: Auditory Brainstem Implant Market Sizing
Part 05: Auditory Brainstem Implant Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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