Global Hearing Implants Market 2018-2022

  • ID: 4460821
  • Report
  • Region: Global
  • 102 pages
  • TechNavio
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FEATURED COMPANIES

  • Cochlear
  • MED-EL
  • Sonova
  • William Demant
  • MORE
About Hearing Implants

Hearing implants are used when the normal function of the inner ear is damaged. These devices send sound signals artificially to the brain of the patients with severe hearing impairment to help them hear.

The analysts forecast the global hearing implants market to grow at a CAGR of 9.73% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the global hearing implants market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of hearing implants.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Hearing Implants Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Cochlear
  • MED-EL
  • Sonova
  • William Demant
Market drivers
  • Increasing prevalence of hearing loss
  • For a full, detailed list, view the full report
Market challenges
  • High cost of hearing implants
  • For a full, detailed list, view the full report
Market trends
  • Increasing focus on emerging markets
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2022 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?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Cochlear
  • MED-EL
  • Sonova
  • William Demant
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 05: MARKET SIZING
  • Market definition
  • Market sizing 2017
  • Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 07: MARKET SEGMENTATION BY PRODUCT TYPE
  • Overview
  • Comparison by product type
  • Global cochlear implants market
  • Global BAHA market
  • Global other hearing implants market
  • Market opportunity by product type
PART 08: CUSTOMER LANDSCAPE

PART 09: REGIONAL LANDSCAPE
  • Overview
  • Regional comparison
  • Hearing implants market in Americas
  • Hearing implants market in EMEA
  • Hearing implants market in APAC
  • Key leading countries
  • Market opportunity
PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 12: MARKET TRENDS
  • Emerging technological innovations
  • Increasing focus on emerging markets
PART 13: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Vendor landscape
PART 14: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Cochlear
  • MED-EL
  • Sonova
  • William Demant
  • Other prominent vendors
PART 15: APPENDIX
  • List of abbreviations
List of Exhibits
Exhibit 01: Parent market
Exhibit 02: Global medical devices market – Segments
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition – Inclusions and exclusions checklist
Exhibit 06: Global hearing implants market size 2017
Exhibit 07: Validation techniques employed for market sizing 2017
Exhibit 08: Global hearing implants market 2017-2022 ($ mn)
Exhibit 09: Global hearing implants market – Year-over-year growth 2018-2022 (%)
Exhibit 10: Five forces analysis 2017
Exhibit 11: Five forces analysis 2022
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2017
Exhibit 18: Global hearing implants market by product type 2017-2022 (%)
Exhibit 19: Comparison by product
Exhibit 20: Global cochlear implants market 2017-2022 ($ mn)
Exhibit 21: Global cochlear implants market – Year-over-year growth 2018-2022 (%)
Exhibit 22: Global BAHA market 2017-2022 ($ mn)
Exhibit 23: Global BAHA market – Year-over-year growth 2018-2022 (%)
Exhibit 24: Global other hearing implants market 2017-2022 ($ mn)
Exhibit 25: Global other hearing implants market – Year-over-year growth 2018-2022 (%)
Exhibit 26: Market opportunity by product
Exhibit 27: Customer landscape
Exhibit 28: Global hearing implants market by geography 2017-2022 (%)
Exhibit 29: Regional comparison
Exhibit 30: Global hearing implants market in Americas 2017-2022 ($ mn)
Exhibit 31: Global hearing implants market in Americas – Year-over-year growth 2018-2022 (%)
Exhibit 32: Top 3 countries in Americas
Exhibit 33: Hearing implants market in EMEA – Market size and forecast 2017-2022 ($ mn)
Exhibit 34: Hearing implants market in EMEA – Year over year growth 2018-2022 (%)
Exhibit 35: Top 3 countries in EMEA
Exhibit 36: Hearing implants market in APAC 2017-2022 ($ mn)
Exhibit 37: Hearing implants market in APAC – Year-over-year growth 2018-2022 (%)
Exhibit 38: Top 3 countries in APAC
Exhibit 39: Key leading countries
Exhibit 40: Market opportunity
Exhibit 41: Vendor landscape
Exhibit 42: Landscape disruption
Exhibit 43: Vendors covered
Exhibit 44: Vendor classification
Exhibit 45: Market positioning of vendors
Exhibit 46: Cochlear – Vendor overview
Exhibit 47: Cochlear – Business segments
Exhibit 48: Cochlear – Organizational developments
Exhibit 49: Cochlear – Geographic focus
Exhibit 50: Cochlear – Segment focus
Exhibit 51: Cochlear – Key offerings
Exhibit 52: Cochlear – Key customers
Exhibit 53: MED-EL – Vendor overview
Exhibit 54: MED-EL – Business segments
Exhibit 55: MED-EL – Organizational developments
Exhibit 56: MED-EL – Geographic focus
Exhibit 57: MED-EL – Segment focus
Exhibit 58: MED-EL – Key offerings
Exhibit 59: MED-EL – Key customers
Exhibit 60: Sonova – Vendor overview
Exhibit 61: Sonova – Business segments
Exhibit 62: Sonova – Organizational developments
Exhibit 63: Sonova – Geographic focus
Exhibit 64: Sonova – Segment focus
Exhibit 65: Sonova – Key offerings
Exhibit 66: Sonova – Key customers
Exhibit 67: William Demant – Vendor overview
Exhibit 68: William Demant – Business segments
Exhibit 69: William Demant – Organizational developments
Exhibit 70: William Demant – Geographic focus
Exhibit 71: William Demant – Segment focus
Exhibit 72: William Demant – Key offerings
Exhibit 73: William Demant – Key customers
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Cochlear
  • MED-EL
  • Sonova
  • William Demant
  • MORE
New Report Released: – Global Hearing Implants Market 2018-2022

The author of the report recognizes the following companies as the key players in the global hearing implants market: Cochlear, MED-EL, Sonova, and William Demant

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Increasing focus on emerging markets. The emerging markets of South America and APAC, especially in Brazil, Mexico, India, and China have wide opportunity for marketing hearing implants. The prevalence of disabling hearing loss is higher in APAC and Sub-Saharan Africa. The number of people adopting hearing implants in these regions is very less due to the lack of awareness about the hearing implants and its benefits. The growth of healthcare expenditure is leading to increased adoption of innovative and technologically advanced hearing implants in emerging markets. Further, the cosmetic and aesthetic appeal of hearing implants are attracting the customers to adopt these devices”

According to the report, one of the major drivers for this market is Increasing prevalence of hearing loss. The prevalence of hearing loss is significantly increasing in both developed and developing countries. Millions of people are living with hearing loss globally. As of 2016, more than 350 million people (more than 5% of global population) are living with hearing loss worldwide. This is expected to increase threefolds by 2050. According to the NIH, in the US, about 2 to 3 out of every 1,000 children are born with significant hearing loss in one or both ears.

Further, the report states that one of the major factors hindering the growth of this market is High cost of hearing implants. The cost of a cochlear implants is $25,000 per device. The average selling price of cochlear implants typically ranges between $18,000 to $20,000. The cost of BAHA is substantially higher than standard conventional hearing aids. The unit cost of BAHA ranges between $4,000 to $7,000 depending upon the features offered. Factors that add to the high cost of cochlear implantation and BAHA procedures are the evaluations prior to surgery, direct and indirect hospital costs, and the cost of the implant and surgery. The cost of cochlear implantation varies depending on the duration and extent of patient’s hearing loss.

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.
Note: Product cover images may vary from those shown
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  • Cochlear
  • MED-EL
  • Sonova
  • William Demant
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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