In this report, the market has been segmented based on by product, patient type, type of hearing loss, and geographic region. The report provides an overview of the global hearing implant market and analyzes market trends. Using 2021 as the base year, the report provides estimated market data for the forecast period of 2022-2027. Revenue forecasts for this period are segmented based on product, patient type, type of hearing loss and region. Market values have been estimated based on the total revenues of hearing implant solution providers.
The study includes hearing implants which Hearing aids have been excluded from the study. Hearing aids work on mechanism of sound amplification whereas hearing implants work by bypassing damaged portions of the ear to deliver sound signals to the hearing (auditory) nerve or brainstem; or by vibration through bone.
Report Includes
- A brief general outlook of the global market for hearing implants
- Analyses of the global market trends, with historic market revenue (sales figures) from 2020-2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
- Highlights of the upcoming market potential for hearing implant devices, along with a detailed analysis of the competitive environment, regulatory scenario, and technological advancements
- Estimation of the actual market size and revenue forecast for hearing implant market in USD million values, and corresponding market share analysis based on type of hearing loss, patient type, and region
- In-depth information (facts and figures) covering major market drivers, opportunities and challenges estimating the demand, industry trends and regulations, and other macroeconomic factors affecting progress of the hearing implants industry
- Holistic review of the impact of COVID-19 pandemic on hearing implant market
- Company profiles of the key market players with detailed information about their business segments, financials, product portfolios, and recent developments
Table of Contents
Chapter 1 Market Outlook
1.1 Market Snapshot
Chapter 2 Executive Summary
Chapter 3 Market Overview
3.1 Hearing Implant Overview
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Challenges
3.3 Pricing Analysis
Chapter 4 Market Breakdown by Product
4.1 Cochlear Implants
4.2 Bone Conduction Implants
4.3 Middle Ear Implants
4.4 Auditory Brainstem Implants
Chapter 5 Market Breakdown by Patient Age Group
5.1 Pediatric
5.2 Adults
Chapter 6 Market Breakdown by Type of Hearing Loss
6.1 Sensorineural Hearing Loss
6.2 Conductive Hearing Loss
Chapter 7 Market Breakdown by Region
7.1 North America
7.1.1 U.S.
7.1.2 Canada
7.2 Europe
7.2.1 Germany
7.2.2 U.K.
7.2.3 Italy
7.2.4 France
7.2.5 Rest of Europe
7.3 Asia-Pacific
7.3.1 China
7.3.2 Japan
7.3.3 India
7.3.4 Rest of Asia-Pacific
7.4 Rest of the World
Chapter 8 Impact of the Covid-19 Pandemic
Chapter 9 Competitive Landscape
9.1 Top Company Market Shares and Rankings
9.2 Recent Key Developments
Chapter 10 Company Profiles
- Cochlear Ltd.
- Demant A/S
- Envoy Medical
- Med-El Medical Electronics
- Medtronic
- Ototronix LLC
- Sonova Group
- Zhejiang Nurotron Biotechnology Co. Ltd.
Chapter 11 Project Scope and Methodology
11.1 Scope of Report
11.2 Methodology
11.3 Analyst's Credentials
11.4 Related Research Reports
List of Tables
Summary Table: Global Market for Hearing Implants, by Region, Through 2027
Table 1: Global Market for Hearing Implants, by Type, Through 2027
Table 2: Global Market for Cochlear Implants, by Region, Through 2027
Table 3: Global Market for Bone Conduction Implants, by Region, Through 2027
Table 4: Global Market for Middle Ear Implants, by Region, Through 2027
Table 5: Global Market for Auditory Brainstem Implants, by Region, Through 2027
Table 6: Global Population, by Age Group, 2020
Table 7: Global Market for Hearing Implants, by Patient Age Group, Through 2027
Table 8: Global Market for Pediatric Hearing Implants, by Region, Through 2027
Table 9: Global Market for Hearing Implants for Adults, by Region, Through 2027
Table 10: Global Market for Hearing Implants, by Type of Hearing Loss, Through 2027
Table 11: Global Market for Hearing Implants for Sensorineural Hearing Loss, by Region, Through 2027
Table 12: Global Market for Hearing Implants for Conductive Hearing Loss, by Region, Through 2027
Table 13: Global Hearing Loss Prevalence, by WHO Region, 2019
Table 14: Global Market for Hearing Implants, by Region, Through 2027
Table 15: North American Market for Hearing Implants, by Type, Through 2027
Table 16: North American Market for Hearing Implants, by Patient Age Group, Through 2027
Table 17: North American Market for Hearing Implants, by Type of Hearing Loss, Through 2027
Table 18: European Market for Hearing Implants, by Type, Through 2027
Table 19: European Market for Hearing Implants, by Patient Age Group, Through 2027
Table 20: European Market for Hearing Implants, by Type of Hearing Loss, Through 2027
Table 21: Asia-Pacific Market for Hearing Implants, by Type, Through 2027
Table 22: Asia-Pacific Market for Hearing Implants, by Patient Age Group, Through 2027
Table 23: Asia-Pacific Market for Hearing Implants, by Type of Hearing Loss, Through 2027
Table 24: RoW Market for Hearing Implants, by Type, Through 2027
Table 25: RoW Market for Hearing Implants, by Patient Age Group, Through 2027
Table 26: RoW Market for Hearing Implants, by Type of Hearing Loss, Through 2027
Table 27: Developments in the Global Market for Hearing Implants, 2019-2022
Table 28: Cochlear Ltd.: Product Portfolio
Table 29: Demant (Oticon): Product Portfolio
Table 30: Envoy Medical: Product Portfolio
Table 31: MED EL: Product Portfolio
Table 32: Medtronic: Product Portfolio
Table 33: Ototronix: Product Portfolio
Table 34: Sonova Group: Product Portfolio
Table 35: Zhejiang Nurotron Biotechnology: Product Portfolio
List of Figures
Summary Figure: Global Market Shares of Hearing Implants, by Region, 2021
Figure 1: Global Aging (60 and Over) Population, by Region, 2015-2050
Figure 2: Global Market Shares of Hearing Implants, by Type, 2021
Figure 3: Prevalence of Hearing Loss, by Age Group, 2019
Figure 4: Global Market Shares of Hearing Implants, by Patient Age Group, 2021
Figure 5: Global Market Shares of Hearing Implants, by Type of Hearing Loss, 2021
Figure 6: Global Market for Hearing Implants, by Region
Figure 7: Global Market Shares of Hearing Implants, by Region, 2021
Figure 8: Global Market Shares of Hearing Implants, by Manufacturer, 2021
Figure 9: Cochlear Ltd.: Annual Revenue, 2020-2021
Figure 10: Cochlear Ltd.: Market Share, by Business Segment, 2021
Figure 11: Cochlear Ltd.: Market Share, by Region, 2021
Figure 12: Demant: Hearing Implant Revenue, 2020 and 2021
Figure 13: Demant: Market Share, by Business Segment, 2021
Figure 14: Demant: Market Share, by Region, 2021
Figure 15: Sonova Group: Cochlear Implant Revenue, 2020 and 2021
Figure 16: Sonova Group: Market Share, by Cochlear Implant Segment, 2021
Figure 17: Sonova Group: Market Share, by Region, 2021
Executive Summary
Hearing implants are mainly recommended for people with severe or profound hearing loss who have not benefitted adequately from the sound amplification of hearing aids. These are individuals with special types of conductive hearing loss, people with a damaged or non-existent auditory nerve, or those who are unable to wear hearing aids due to some other reason. There is no upper age limit for the implantation of hearing implants, although some preliminary evaluations are required for older adults. Hearing implants can be used for bilateral and unilateral hearing loss.
The increasing prevalence of hearing loss, increasing exposure to noise, and technological advances in products and surgical procedures are the leading growth trends. However, the high cost of hearing implant surgery limits the market. The shortage of trained professionals is the major challenge facing the market.
In this report, the global market for hearing implants is segmented based on product, patient type, type of hearing loss and geographical region. The hearing implant market by product is categorized into four types of implants: cochlear, bone conduction, middle ear and auditory brainstem.
The hearing implant market is segmented into two types of hearing loss: sensorineural and conductive. Sensorineural is the more widespread type of hearing loss. The hearing implant market is also segmented into pediatric and adult patients. The adult population is at greater risk of developing hearing loss.
The hearing implant market is segmented by geographical region into North America, Europe, Asia-Pacific and rest of the world (RoW). The strong presence of leading companies, the high prevalence of hearing loss, technological advances, and favorable government policies drive the North American market. Asia-Pacific is currently the fastest-growing regional market for hearing implants.
Companies Mentioned
- Cochlear Ltd.
- Demant A/S
- Envoy Medical
- Med-El Medical Electronics
- Medtronic
- Ototronix LLC
- Sonova Group
- Zhejiang Nurotron Biotechnology Co. Ltd.
