https://idataresearch.com/wp-content/uploads/2016/04/ReportIcon-Ear-MC.jpg

Cochlear Implant Market Analysis | Global | 2017-2023 | MedCore

  • Year: 2017
  • Scope: 2013-2023
  • Region: Asia-Pacific, Brazil, Europe, Mexico, United States
  • Pages: 39
  • Published Date: 11/1/2016
  • Type: MedCore

Industry Trends

Manufacturers of cochlear implants will differ with the numbers of electrodes. The device provides a treatment option for those with hearing loss too severe (due to loss of cochlea sensory hair cells) to be treated with standard hearing aids, as well as those with damaged middle ears but viable cochleas, who are also unable to benefit from the use of standard hearing aids or from the latest models of high powered hearing instruments.

In addition to adults, cochlear implants are especially beneficial to infants and very young children with single-sided deafness who, if treated early enough, are able to develop significantly better speech skills than if they were fit with a standard hearing aid later in life with the help of speech and language therapy. The improved speech and hearing ability offered by early cochlear implantation often results in better educational performance and a higher earning potential later in life. The surgery is typically followed up with post-cochlear implant aural rehabilitation, including an auditory verbal therapist, a speech language pathologist and a deaf educator.

Report Regional Coverage

Throughout this research series, iData has covered several countries in great detail. Each country may be purchased as a stand-alone report, tailoring the data to your needs. The covered countries are:

  • United States
  • Europe (15 countries including: Germany, France, U.K., Italy, Spain, Benelux (Belgium, Netherlands and Luxembourg), Scandinavia (Denmark, Finland, Norway and Sweden) Austria, Switzerland and Portugal)
  • Asia-Pacuific
  • Australia
  • Brazil

 

The Only Medical Device Market Research With:

Unit Sales Growth Analysis
Average Selling Prices
Competitor Shares by Segment & Country
 SKU-Level Research Methods
 The Lowest Acquisition Cost

Highly Detailed Segmentation

  • Cochlear Implant Market

Report Data Types Included

  • Unit Sales, Average Selling Prices, Market Value & Growth Trends
  • 10 Year Scope (3 Year Historical + 7 Year Forecast Period)
  • Market Drivers & Limiters for Each Segment
  • Competitive Analysis with Market Shares
  • Product Portfolios

Cochlear Implant Market Share Insights

Cochlear leads the cochlear implant market in the U.S. and in Europe: The company was the first to enter the U.S. market with their Cochlear™ device, which was approved for use by the FDA in 1984. Cochlear’s experience in producing and refining cochlear implants has resulted in technologically competitive products. Their newest additions are a continuation of the Nucleus® implant system, the Nucleus® 6 and Kanso™ Sound Processors. The Nucleus® 6 implements 2.4 GHz Cochlear™ True Wireless technology, allowing direct connection with televisions, smartphones, and other wireless Bluetooth devices. The Nucleus® 6 device also utilizes Cochlear’s SmartSound® iQ. This allows seamless adaptation to a patient’s surroundings, providing six “scene” settings whereby the device modifies the way sound is relayed based on the surrounding environment.

Following behind Cochlear, MED-EL is the second major player in both the U.S. and Europe cochlear implant market. MED-EL was the latest company to enter the U.S. market for cochlear implants when its COMBI™ system was approved by the FDA in 2001. The COMBI™ system is considered one of its previous generation internal cochlear implant devices; the company has since come out with newer products. They claim their Maestro™ has the thinnest, lightest sound processor in its class as well as the smallest implanted component. The Maestro™ can be used by adults and prelingual and postlingual deafened children. The device stimulates the cochlea’s nerve fibers via electrical signals. The Maestro™ consists of both an internal (SONATA and CONCERTO cochlear implants) and an external component (OPUS 2 sound processor).

 

All Companies Analyzed in this Study

  • Cochlear
  • MED-EL
  • Sonova (Advanced
    Bionics)
  • Oticon
  • William Demant

About Our In-Depth MedCore Research

Our analysts meticulously research for up to 3 to 4 months to put together one suite of reports (MedSuite), which is a comprehensive analysis on a group of healthcare markets. A MedCore is one portion of that analysis that focuses on one market segment, and provides further detailed segmentation to get a much more granular set of market data.

This MedCore is also found in the full report suite titled U.S. Market Report Suite for Hearing Devices – MedSuite

Learn More about these product types
 

FREE Sample Report

iData’s 9-Step Research Methodology

Our reports follow an in-depth 9-step methodology which focuses on the following research systems:

  • Original primary research that consists of the most up-to-date market data
  • Strong foundation of quantitative and qualitative research
  • Focused on the needs and strategic challenges of the industry participants

Step 1: Project Initiation & Team Selection During this preliminary investigation, all staff members involved in the industry discusses the topic in detail.

Step 2: Prepare Data Systems and Perform Secondary Research The first task of the research team is to prepare for the data collection process: Filing systems and relational databases are developed as needed.

Step 3: Preparation for Interviews & Questionnaire Design The core of all iData research reports is primary market research. Interviews with industry insiders represent the single most reliable way to obtain accurate, current data about market conditions, trends, threats and opportunities.

Step 4: Performing Primary Research At this stage, interviews are performed using contacts and information acquired in the secondary research phase.

Step 5: Research Analysis: Establishing Baseline Estimates Following the completion of the primary research phase, the collected information must be synthesized into an accurate view of the market status. The most important question is the current state of the market.

Step 6: Market Forecast and Analysis iData Research uses a proprietary method to combine statistical data and opinions of industry experts to forecast future market values.

Step 7: Identify Strategic Opportunities iData analysts identify in broad terms why some companies are gaining or losing share within a given market segment.

Step 8: Final Review and Market Release An integral part of the iData research methodology is a built-in philosophy of quality control and continuing improvement is integral to the iData philosophy.

Step 9: Customer Feedback and Market Monitoring iData philosophy of continuous improvement requires that reports and consulting projects be monitored after release for customer feedback and market accuracy.

Click Here to Read More About Our Methodology