The global cochlear implants market is expected to reach US$ 4,124.1 Mn in 2027 from US$ 1,510.9 Mn in 2018. The market is estimated to grow with a CAGR of 11.9% from 2019-2027.
The market is driven by factors such as, growing the geriatric population, increase in the number of patients suffering from hearing loss, and increasing R&D expenditures in medical device companies. However, the restraining factors for the market are the high cost of cochlear implants and side effects associated with the cochlear surgery.
Hearing loss is on the rise. Unless this trend is reversed, it will mean higher direct costs for health systems. The need will grow for ear and hearing care services and related technologies, such as hearing devices, cochlear implants, and others. If these needs are not met, this would be detrimental not only for individuals in terms of social isolation and increased poverty but also for societies as a whole, due to lower productivity. A number of governments around the world have recognized the importance of mitigating current trends by preventing hearing loss in the first instance. Several factors like growing global population, rising genetic diseases, and infections leading to hearing loss, increasing geriatric population and others are all together driving the increase in hearing loss worldwide. According to the report published by World Health Organization (WHO) in 2018, 466 million people across the globe suffered from hearing loss and the number is expected to rise to 630 million by 2030 and 900 million by 2050. Therefore, owing to these factors, the market is likely to witness growth during the forecast period.
Global cochlear implants market was segmented by type of fitting and end user. The type of fitting segment was further divided as unilateral cochlear implantation and bilateral cochlear implantation. Based on the end user, the cochlear implants market is segmented into adults and pediatrics. The adults held the major market share among the end user segment owing to the growing geriatric population across the globe.
Some of the major primary and secondary sources included in the report for the cochlear implants market are World Health Organization, Hearing Loss Association of America (HLAA), Center for Hearing and Communication (CHC), China Disabled Persons Federation (CDPF), Centers for Disease Control and Prevention, Universal Newborn Hearing Screening and others.
TABLE OF CONTENTS
1. INTRODUCTION
1.1 SCOPE OF THE STUDY
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3 MARKET SEGMENTATION
1.3.1 Global Cochlear implants Market - By Type of Fitting
1.3.2 Global Cochlear implants Market - By End User
1.3.3 Global Cochlear implants Market - By Geography
2. GLOBAL COCHLEAR IMPLANTS MARKET - KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
3.1 COVERAGE
3.2 SECONDARY RESEARCH
3.3 PRIMARY RESEARCH
4. GLOBAL COCHLEAR IMPLANTS- MARKET LANDSCAPE
4.1 OVERVIEW
4.2 PEST ANALYSIS
4.2.1 North America - PEST Analysis
4.2.2 Europe - PEST Analysis
4.2.3 Asia Pacific - PEST Analysis
4.2.4 Middle East & Africa- PEST Analysis
4.2.5 South & Central America - PEST Analysis
5. GLOBAL COCHLEAR IMPLANTS MARKET - KEY INDUSTRY DYNAMICS
5.1 KEY MARKET DRIVERS
5.1.1 Growing Geriatric Population
5.1.2 Increase In Number Of Patients Suffering From Hearing Loss
5.1.3 Increasing R&D Expenditures in Medical Device Companies
5.2 KEY MARKET RESTRAINTS
5.2.1 High Cost of Cochlear Implants
5.2.2 Side Effects Associated With the Cochlear Surgery
5.3 KEY MARKET OPPORTUNITIES
5.3.1 Increasing Medical Tourism in Emerging Nations
5.4 FUTURE TRENDS
5.4.1 Growing Innovations In Cochlear Implants
5.5 IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. COCHLEAR IMPLANTS MARKET - GLOBAL ANALYSIS
6.1 GLOBAL COCHLEAR IMPLANTS MARKET REVENUE FORECASTS AND ANALYSIS
6.2 GLOBAL COCHLEAR IMPLANTS MARKET, BY GEOGRAPHY - FORECASTS AND ANALYSIS
6.3 PERFORMANCE OF KEY PLAYERS
6.3.1 Cochlear Ltd.
6.3.2 MED-EL
7. COCHLEAR IMPLANTS MARKET ANALYSIS AND FORECASTS TO 2027 - TYPE OF FITTING
7.1 OVERVIEW
7.2 GLOBAL COCHLEAR IMPLANTS MARKET SHARE BY TYPE OF FITTING 2018 & 2027 (%)
7.3 UNILATERAL IMPLANTATION MARKET
7.3.1 Overview
7.3.2 Unilateral Implantation Market Revenue and Forecast to 2027 (US$ Mn)
7.4 BILATERAL IMPLANTATION MARKET
7.4.1 Overview
7.4.2 Bilateral Implantation Market Revenue and Forecast to 2027 (US$ Mn)
8. COCHLEAR IMPLANTS MARKET ANALYSIS AND FORECASTS TO 2027 - END USER
8.1 OVERVIEW
8.2 GLOBAL COCHLEAR IMPLANTS MARKET SHARE BY END USER 2018 & 2027 (%)
8.3 ADULTS MARKET
8.3.1 Overview
8.3.2 Adults Market Revenue and Forecast to 2027 (US$ Mn)
8.4 PEDIATRICS MARKET
8.4.1 Overview
8.4.2 Pediatrics Market Revenue and Forecast to 2027 (US$ Mn)
9. COCHLEAR IMPLANTS MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
9.1 NORTH AMERICA COCHLEAR IMPLANTS MARKET
9.1.1 Overview
9.1.2 North America Cochlear implants Market Revenue And Forecasts to 2027 (US$ Mn)
9.1.3 North America Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
9.1.4 North America Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9.1.5 North America Cochlear implants Market Revenue and Forecasts to 2027, By Country (%)
9.1.6 US Cochlear Implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.7 US Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.7.1 US Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
9.1.7.2 US Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9.1.8 Canada Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.9 Canada Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.9.1 Canada Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
9.1.9.2 Canada Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9.1.10 Mexico Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.11 Mexico Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.11.1 Mexico Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
9.1.11.2 Mexico Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9.2 EUROPE COCHLEAR IMPLANTS MARKET
9.2.1 Overview
9.2.2 Europe Cochlear implants Market Revenue Overview, by Country (2017) (US$ Mn)
9.2.3 Europe Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.2.4 Europe Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
9.2.6 Europe Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9.2.7 Europe Cochlear implants Market Revenue and Forecasts to 2027, By Country (%)
9.2.8 Germany Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.2.9 Germany Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.2.9.1 Germany Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
9.2.9.2 Germany Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9.2.10 UK Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.2.11 UK Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.2.11.1 UK Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
9.2.11.2 UK Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9.2.12 France Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.2.13 France Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.2.13.1 France Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
9.2.13.2 France Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9.2.14 Italy Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.2.15 Italy Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.2.15.1 Italy Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
9.2.15.2 Italy Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9.2.16 Spain Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.2.17 Spain Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.2.17.1 Spain Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
9.2.17.2 Spain Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9.3 ASIA PACIFIC COCHLEAR IMPLANTS MARKET
9.4 ASIA PACIFIC COCHLEAR IMPLANTS MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
9.4.1 Asia Pacific Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
9.4.2 Asia Pacific Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9.4.3 Asia Pacific Cochlear implants Market Revenue and Forecasts to 2027, By Country (%)
9.4.4 Japan Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.4.5 Japan Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.4.5.1 Japan Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
9.4.5.2 Japan Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9.4.6 China Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.4.7 China Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.4.7.1 China Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
9.4.7.2 China Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9.4.8 India Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.4.9 India Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.4.9.1 India Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
9.4.9.2 India Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9.4.10 Australia Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.4.11 Australia Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.4.11.1 Australia Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
9.4.11.2 Australia Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9.4.11.3 South Korea Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.4.11.4 South Korea Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.4.11.5 South Korea Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
9.4.11.6 South Korea Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9.5 MIDDLE EAST & AFRICA COCHLEAR IMPLANTS MARKET
9.5.1 Middle East & Africa Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.5.2 Middle East & Africa Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
9.5.3 Middle East & Africa Cochlear implants market Revenue and Forecasts to 2027, By Country (%)
9.5.4 UAE Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.5.5 UAE Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.5.5.1 UAE Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
9.5.5.3 UAE Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9.5.6 Saudi Arabia Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.5.7 Saudi Arabia Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.5.7.1 Saudi Arabia Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
9.5.7.2 Saudi Arabia Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9.5.8 South Africa Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.5.9 South Africa Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.5.9.1 South Africa Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
9.5.9.2 South Africa Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9.6 SOUTH AND CENTRAL AMERICA MICROELECTRONIC MEDICAL IMPLANTS MARKET
9.6.1 Overview
9.6.2 South And Central America Cochlear implants Market Revenue And Forecasts to 2027 (US$ Mn)
9.6.3 South and Central America Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
9.6.5 South and Central America Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9.6.6 South and Central America Cochlear implants Market Revenue and Forecasts to 2027, By Country (%)
9.6.7 Brazil Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.6.8 Brazil Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.6.8.1 Brazil Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
9.6.8.2 Brazil Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9.6.9 Argentina Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.6.10 Argentina Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
9.6.10.1 Argentina Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
9.6.10.2 Argentina Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)
10. COCHLEAR IMPLANTS MARKET - INDUSTRY LANDSCAPE
10.1 OVERVIEW
10.2 COMPARATIVE COMPANY ANALYSIS
10.3 GROWTH STRATEGIES DONE BY THE COMPANIES IN THE MARKET, (%)
Summary: Get latest Market Research Reports on Cochlear Implants. Industry analysis & Market Report on Cochlear Implants is a syndicated market report, published as Cochlear Implants Market to 2027 - Global Analysis and Forecasts by Type of Fitting (Unilateral Implantation, Bilateral Implantation) and By End User (Adults, Pediatrics) and Geography. It is complete Research Study and Industry Analysis of Cochlear Implants market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.