Cochlear Implant Systems Market Analysis, Outlook, Forecast 2024

© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com© Global Market Insights, Inc. 2018 www.gminsights.com
Cochlear Implant Systems Market share to
witness growth of 8.5% from 2017 to 2024:
Global Market Insights Inc.
sales@gminsights.com 1-888-689-0688

© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Key Insights from Cochlear Implant Systems
Market Report:
 Cochlear Implant Systems Market size is set to exceed USD 2.5 billion by 2024; according to a
new research study published by Global Market Insights, Inc.
 Increasing incidence of hearing loss in infants and adults will drive industry growth during the
forecast period.
 Hearing loss is a significant cause of disability and morbidity in the elderly population. Cochlear
implants help adults to regain their hearing and fully participate in day to day activities.
 Unilateral implant business will grow at a lucrative rate during the forecast years.
 Bilateral implant business is poised to grow at a rapid pace.
 Adult business segment held significant industry share owing to the increasing ageing
population base having a higher susceptibility towards age induced hearing loss.
 Pediatric business segment is slated to exhibit lucrative growth. Spur in number of children
being diagnosed with profound hearing loss as a result of new born screening programs will
boost growth.
© Global Market Insights, Inc. 2018 www.gminsights.com

Cochlear Implant Systems Market Key Insights
(Continued...)
 India cochlear implant systems market presents a lucrative future opportunity owing to the
presence of a large patient pool and low market penetration.
 The cost of cochlear implant surgery is less in India as compared to other countries such as
U.S., UK, UAE etc.
 Japan cochlear implant systems market is slated to grow at a rapid pace over the forecast
timeframe owing to increasing number of older adults suffering from deafness.
 Presence of healthcare system providing universal coverage for all aspects of cochlear
implantation such as diagnosis, surgery and habilitation aftercare will further augment demand.
 Prominent industry players include Cochlear, MED-EL, William Demant, Sonova and Nurotron
Biotechnology.
 The industry participants use strategies such as enhancing their manufacturing footprint,
acquisition, new product launch and geographical expansion for improving their market
position.

Brazil Cochlear Implant Systems Market size, By Product, 2013-2024
(USD Million)

Growth Drivers:
Company Profiles:
 Increasing government support and initiatives
 Increasing incidence of hearing loss
 Rapid technological advancements
 Cochlear Limited, MED-EL, Nurotron Biotechnology Company Ltd, William Demant
Holding A/S, and Sonova..
Browse Full Market Research Report On Cochlear Implant Systems Market @
https://bit.ly/2HNlZ7D

A. Forecasts in USD for 2017 to 2024 on following segments
B. Segmentation Coverage
Report Coverage

For Standard Research Methodology:
https://www.gminsights.com/methodology/detail/cochlear-
implant-systems-market
For In-Depth Table of Contents:
https://www.gminsights.com/toc/detail/cochlear-implant-
systems-market
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Cochlear Implant Systems Market Analysis, Outlook, Forecast 2024

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Cochlear Implant Systems Market Analysis, Outlook, Forecast 2024