The analysts forecast the Global Cochlear Implants market to grow at a CAGR of 14.77 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increase in product customization. The Global Cochlear Implants market has also been witnessing the increase in the number of product launches and approvals. However, the high cost of Cochlear Implant devices could pose a challenge to the growth of this market.
The report, the Global Cochlear Implants Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Cochlear Implants market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this space are Cochlear Ltd., MED-EL GmbH, Sonova Holding AG, and Neurelec SA.
Another vendor mentioned in the report is Nurotron Biotechnology Co. Ltd.
Key questions answered in this report:
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
06. Market Landscape
06.1 Market Overview
06.2 Market Size and Forecast
06.3 Market Size and Forecast by Volume
06.4 Five Forces Analysis
07. Geographical Segmentation
08. Key Leading Countries
09. Buying Criteria
10. Market Growth Drivers
10.1 Drivers and their Impact
11. Market Challenges
12. Impact of Drivers and Challenges
13. Market Trends
14. Trends and their Impact
15. Vendor Landscape
15.1 Competitive Scenario
15.1.1 Key News
15.1.2 Mergers and Acquisitions
15.2 Key Vendors
15.3 Market Share Analysis 2013
16. Key Vendor Analysis
16.1 Cochlear Ltd.
16.1.1 Business Overview
16.1.2 Key Information
16.1.3 SWOT Analysis
16.2 MED-EL GmbH
16.2.1 Business Overview
16.2.2 Key Information
16.2.3 SWOT Analysis
16.3 Sonova Holding AG
16.3.1 Business Overview
16.3.2 Business Segmentation
16.3.3 Key Information
16.3.4 SWOT Analysis
16.4 Neurelec SA
16.4.1 Business Overview
16.4.2 Business Segmentation
16.4.3 Key Information
16.4.4 SWOT Analysis
17. Other Reports in this Series
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Global Cochlear Implants Market 2013-2018 (US$ billion)
Exhibit 3: Global Cochlear Implants Market 2013-2018 (Units)
Exhibit 4: Global Cochlear Implants Market Segmentation by Geographical Segmentation 2013
Exhibit 5: Global Cochlear Implants Market by Vendor Segmentation 2013
Exhibit 6: Business Segmentation of Sonova Holdings AG
Exhibit 7: Business Segmentation of Neurelec SA
Commenting on the report, an analyst from the team said: “Acquisitions help organizations grow rapidly and expand their business processes. The Global Cochlear Implant market is witnessing an increase in the number of acquisitions. There has been a significant increase in the acquisition of small and medium-sized companies by the leading cochlear implant manufacturers. The competitive environment in this market is expected to intensify with an increase in product extensions and an increase in mergers and acquisitions among the existing market leaders. It is expected that international players will grow inorganically during the forecast period by acquiring regional or local players. For instance, in 2013, Neurelec merged with William Demant Group, a leading international healthcare company in hearing devices, diagnostic instruments, and personal communication. Through this merger, the William Demant Group is expected to get additional access to a competitive and strong product portfolio of implantable hearing solutions.”
According to the report, one of the major growth factors driving the Global Cochlear Implants market is the increase in the customization of cochlear implant devices. Most of the leading cochlear implant device manufacturers are customizing and developing their product lines to appeal more to consumers and stay ahead of the competition.
Further, the report states that one of the major challenges faced by the market is the high cost of cochlear implant devices. Various end-users do not have the required budget for capitalizing on the expensive cochlear implant devices.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.