Global cochlear implants market is projected to register a CAGR of 10.6% in the forecast period of 2020 to 2027. The new market report contains data for historic year 2018, the base year of calculation is 2019 and the forecast period is 2020 to 2027.
Market Segmentation:
Global Cochlear Implants Market By Type (Products, Accessories and Software),Technology (Electro-Acoustic Stimulation (EAS), Acoustic Amplification Technology and Electro-Stimulation Technology), Age (Adults and Paediatrics), End User (Hospitals, ENT Clinics and Ambulatory Surgery Center), Distribution Channel (Direct and Retail), Country (U.S., Canada, Mexico, Germany, U.K., France, Switzerland, Italy, Spain, Netherlands, Russia, Belgium, Turkey, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, UAE, Saudi Arabia, Israel, Egypt and Rest of Middle East & Africa), Market Trends and Forecast to 2027
Some of the major factors contributing to the growth of the global cochlear implants market:
- Rising awareness towards hearing aids
- Technological advancements in making efficient devices with increased battery life
- Growing Number of Hearing Aid Clinics
- Adequate Reimbursement Scenario
Market Players:
The key market players for global cochlear implants market are listed below:
- Cochlear Ltd
- MED-EL Medical Electronics
- Advanced Bionics AG
- Medtronic
- Oticon
- Nurotron Biotechnology Co. Ltd
- Widex A/S