The Europe cochlear implants market is expected to reach US$ 1,076.4 Mn in 2027 from US$ 404.5 Mn in 2018. The cochlear implant market is anticipated to grow at a growth rate of 11.6% from 2019-2027.
The growth of the cochlear implants market during the forecast period is primarily attributed to factors like technological advancements in cochlear implants and collaborations, mergers, and acquisitions in cochlear implants market players. On the other hand, the growing medical device industry in European countries is expected to have a positive effect on the growth of the European cochlear implants market in the coming years.
Both children, as well as adults in the United Kingdom who are eligible for cochlear implantation, receive cochlear implants under the National Health Service (NHS). Evaluating the demands for cochlear implant (CI) services is very important for both clinicians and commissioners in order to estimate clinical needs and funding requirements. The new NHS eligibility criteria for cochlear implants ensure that these devices are available to those individuals who require them the most.
Furthermore, the Action on Hearing Loss organization in England is funding research to advance the technology for cochlear implants and to ensure that more people benefit from them. The research aims to demonstrate the benefits offered by the cochlear implants, deploying methods to determine whether an individual is eligible for an implant, Studies to understand how cochlear implant users hear speech, and developing advanced tools, such as training programs, in order to support people learn and interpret the sounds they hear through the implant.
Thus the increasing funds and awareness in Europe are likely to boost the cochlear implants market and are anticipated to provide significant growth opportunities to the players operating in the market during the forecast period.
The above-mentioned factors are expected to offer broad growth opportunities in the healthcare industry, and this is expected to cause the demand for cochlear implants.
Europe cochlear implants market is segmented by type of fitting and end-user. Based on the type of fitting, the cochlear implant market is categorized as unilateral implantation and bilateral implantation. On the basis of the end-user, the market is categorized as adults and pediatrics.
Some of the major primary and secondary sources for compound management included in the report are World Health Organization (WHO), National Health Service (NHS), Food and Drug Administration (FDA), and Hear-it organization, among others.
Reasons to Buy
The growth of the cochlear implants market during the forecast period is primarily attributed to factors like technological advancements in cochlear implants and collaborations, mergers, and acquisitions in cochlear implants market players. On the other hand, the growing medical device industry in European countries is expected to have a positive effect on the growth of the European cochlear implants market in the coming years.
Both children, as well as adults in the United Kingdom who are eligible for cochlear implantation, receive cochlear implants under the National Health Service (NHS). Evaluating the demands for cochlear implant (CI) services is very important for both clinicians and commissioners in order to estimate clinical needs and funding requirements. The new NHS eligibility criteria for cochlear implants ensure that these devices are available to those individuals who require them the most.
Furthermore, the Action on Hearing Loss organization in England is funding research to advance the technology for cochlear implants and to ensure that more people benefit from them. The research aims to demonstrate the benefits offered by the cochlear implants, deploying methods to determine whether an individual is eligible for an implant, Studies to understand how cochlear implant users hear speech, and developing advanced tools, such as training programs, in order to support people learn and interpret the sounds they hear through the implant.
Thus the increasing funds and awareness in Europe are likely to boost the cochlear implants market and are anticipated to provide significant growth opportunities to the players operating in the market during the forecast period.
The above-mentioned factors are expected to offer broad growth opportunities in the healthcare industry, and this is expected to cause the demand for cochlear implants.
Europe cochlear implants market is segmented by type of fitting and end-user. Based on the type of fitting, the cochlear implant market is categorized as unilateral implantation and bilateral implantation. On the basis of the end-user, the market is categorized as adults and pediatrics.
Some of the major primary and secondary sources for compound management included in the report are World Health Organization (WHO), National Health Service (NHS), Food and Drug Administration (FDA), and Hear-it organization, among others.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the cochlear implants market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Europe cochlear implants market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
Table of Contents
1. Introduction
3. Europe Cochlear Implants Market - Market Landscape
4. Europe Cochlear Implants Market-Key Market Dynamics
5. Cochlear Implants Market - Europe Analysis
6. Europe Cochlear Implants Market Analysis - By Type Of Fitting
7. Europe Cochlear Implants Market Analysis - By End User
8. Europe Cochlear Implants Market Revenue And Forecasts To 2027
9. Cochlear Implants Market -Industry Landscape
10. Cochlear Implants Market-Key Company Profiles
11. Appendix
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Cochlear Ltd.
- MED-EL
- Sonova
- Nurotron Biotechnology Co. Ltd.
- Medtronic
- Demant A/S
- Starkey
- WIDEX A/S
- Amplifon
- GN Hearing A/S