Global Cochlear Implants Market to reach a market size of $2.7 billion by 2025 - KBV Research

Published Date: 31-Oct-2019

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According to a new report Global Cochlear Implants Market, published by KBV Research, The Global Cochlear Implants Market size is expected to reach $2,706.4 million by 2025, rising at a market growth of 10.2% CAGR during the forecast period. The Europe market dominated the Global Cochlear Implants Market by Region 2018, thereby, achieving a market value of $1,017.4 million by 2025, growing at a CAGR of 9.4 % during the forecast period. The Asia Pacific market is expected to witness a CAGR of 11.4% during (2019 - 2025). Additionally, The North America market is expected to witness a CAGR of 9.8% during (2019 - 2025).

The Unilateral Implantation market dominated the Global Cochlear Implants Market by Fitting Type 2018, thereby, achieving a market value of $2,318.3 million by 2025, growing at a CAGR of 9.8 % during the forecast period. The Bilateral Implantation market is expected to witness a CAGR of 12.4% during (2019 - 2025).

The Adults market would achieve a market value of $1,621.3 million by 2025, growing at a CAGR of 9.7 % during the forecast period. The Pediatrics market is expected to witness a CAGR of 1,085.2% during (2019 - 2025).

The major strategies followed by the market participants are Product launches and Partnerships & Collaborations. Based on the Analysis presented in the Cardinal matrix, Sonova Holding AG and Medtronic PLC are some of the forerunners in the Cochlear Implants Market. Medtronic acquired Sophono in order to enhance its ENT procedures by developing hearing devices. Sonova opened a new training center in Germany in order to provide training program for hearing care professionals. Sonova released Belong comprises of pioneering lithium-ion rechargeable battery technology in hearing aids.

Full Report:https://www.kbvresearch.com/cochlear-implants-market/

Based on Fitting Type, the market is segmented into Unilateral Implantation and Bilateral Implantation. Based on End Use, the market is segmented into Pediatrics and Adults. Based on Regions, the market is segmented into USA, Canada, Mexico and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include MED-EL GmbH, Sonova Holding AG, William Demant Holding A/S, Starkey laboratories Inc., GN Store Nord A/S (GN Hearing A/S), Amplifon SpA (Ampliter N.V.), Widex A/S, Oticon Medical AB, Cochlear Ltd., Medtronic PLC.

Global Cochlear Implants Market Segmentation

By Fitting Type

  • Unilateral Implantation
  • Bilateral Implantation

By End Use

  • Pediatrics
  • Adults

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • MED-EL GmbH
  • Sonova Holding AG
  • William Demant Holding A/S
  • Starkey laboratories, Inc.
  • GN Store Nord A/S (GN Hearing A/S)
  • Amplifon SpA (Ampliter N.V.)
  • Widex A/S
  • Oticon Medical AB
  • Cochlear Ltd.
  • Medtronic PLC

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Cochlear Implants Market Related Reports:

North America Market

Europe Market

Asia Pacific Market

LAMEA Market

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