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Cochlear Implant Market Size, Share & COVID-19 Impact Analysis | Global | 2022-2028 | MedCore

  • Year: 2022
  • Scope: 10 Years
  • Region: Global
  • Pages: 20
  • Published Date: 11/03/2022
  • Type: MedCore

Overall, the global cochlear implant market was valued at $1.3 billion in 2021. This is expected to increase over the forecast period at a CAGR of 2% to reach $1.5 billion.

The full report suite on the global market for cochlear implants includes the analysis of the number of units sold, average selling price and market value. Overall, this global market research includes analysis spawning across more than 70 countries in the world.

MARKET REPORT DATA TYPES INCLUDED

  • Unit Sales, Average Selling Prices, Market Size & Growth Trends
  • Procedure Numbers
  • COVID-19 Impact Analysis
  • Market Drivers & Limiters
  • Market Forecasts Until 2028, and Historical Data to 2018
  • Recent Mergers & Acquisitions
  • Company Profiles and Product Portfolios
  • Leading Competitors

GLOBAL COCHLEAR IMPLANT MARKET TRENDS

global cochlear implant market

Recently cochlear and hearing aid companies have been combining technology to provide a wider range of benefits and features available with cochlear implants. It is now possible to connect cochlear implants to various other devices in the same way one could do that with behind the ear (BTE) or in the canal (ITC) styles of hearing aids. This has increased the demand for cochlear implants as patients want the extra features available.

GLOBAL COCHLEAR IMPLANT MARKET SHARE INSIGHTS

Overall, within the global hearing aid market there are three dominant competitors: Cochlear, MED-EL, and Sonova.global cochlear implants marketIn 2021 Cochlear was the market leader in global cochlear implant market. The company was the first to enter the U.S. market with its Cochlear™ device, which was approved for use by the FDA in 1984.

GLOBAL COCHLEAR IMPLANT MARKET SEGMENTATION SUMMARY

  • Cochlear Implants Market

Research Scope Summary

Report Attribute Details
Regions North America (Canada, United States)
Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela)
Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, U.K.)
Central & Eastern Europe (Baltic States, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Turkey, Ukraine)
Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates)
Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam)
Africa (Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda)
Base Year 2021
Forecast Period 2022-2028
Historical Data 2018-2021
Quantitative Data Market Size, Market Share, Market Growth Rates, Units Sold, Average Selling Prices
Qualitative Data COVID-19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios
Data Sources Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data.

Read more about iData’s 9-Step Research Methodology

WHY CHOOSE iDATA?

  • Experts Only – iData has been around for over 17 years and is the trusted source of intelligence, and data-driven insights for key industry players. We are made up of specialists with a sole focus on medical devices, dental devices and pharmaceuticals. Our research and consulting field of endeavour never strays from the medical device industry and, because of this, we are the number one choice for leading companies in this field.
  • Global Coverage – iData’s unique methodology, and its expansion to over 70 countries world-wide, has made it one of the most viable sources of intelligence for global companies along with those who plan to expand their portfolio beyond the confines of their own country. Providing procedural data at the country level is another testimony to the trusted global coverage we provide.
  • Attention to Detail – It’s our attention to small details, scheduling of timelines, and keen project management that makes us stand out from the rest. We are creative, and our reports include metrics such as procedure numbers, ASPs, and SKU-level insights that are not found elsewhere.
  • Pricing – When comparing like-with-like, iData’s prices are not only extremely competitive but also the most cost-effective. We strive for success and want the same for our clients. With the level of detail incorporated into each report alongside the extensive segmentation provided, no other report compares at our price point.

 

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Table of Contents

Cochlear Implant Market
8.1 Executive Summary
8.1.1 Global Cochlear Implant Market Overview
8.1.2 Competitive Analysis
8.1.3 Regions Included
8.2 Introduction
8.3 Procedure Numbers
8.4 Market Analysis and Forecast
8.5 Drivers and Limiters
8.5.1 Market Drivers
8.5.2 Market Limiters
8.6 Competitive Market Share Analysis

Companies Included:

Cochlear
MED-EL
Sonova
Demant Group
Others include: Nurotron Biotechnology, etc.

List of Charts

Chart 8‑1: Cochlear Implant Market, Global, 2018 – 2028
Chart 8‑2: Cochlear Implant Procedures, Global, 2021
Chart 8‑3: Cochlear Implant Procedures by Region, Global, 2018 – 2028
Chart 8‑4: Cochlear Implant Market, Global, 2018 – 2028
Chart 8‑5: Leading Competitors, Cochlear Implant Market, Global, 2021

List of Figures

Figure 8‑1: Cochlear Implant Regions Covered, Global (1 of 2)
Figure 8‑2: Cochlear Implant Regions Covered, Global (2 of 2)
Figure 8‑3: Cochlear Implant Procedures by Region, Global, 2018 – 2028
Figure 8‑4: Cochlear Implant Market, Global, 2018 – 2028
Figure 8‑5: Units Sold by Region, Cochlear Implant Market, Global, 2018 – 2028
Figure 8‑6: Average Selling Price by Region, Cochlear Implant Market, Global, 2018 – 2028 (US$)
Figure 8‑7: Market Value by Region, Cochlear Implant Market, Global, 2018 – 2028 (US$M)
Figure 8‑8: Leading Competitors, Cochlear Implant Market, Global, 2021

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.

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Cochlear Implant Market Size, Share & COVID-19 Impact Analysis | Global | 2022-2028 | MedCore

$4,995$8,995

The full report suite on the global market for cochlear implants includes the analysis of the number of units sold, average selling price and market value. Overall, this global market research includes analysis spawning across more than 70 countries in the world.

  • 2022
  • 10 Years
  • Global
  • 11/03/2022
  • 20
  • MedCore
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