Sep 5, 2017   SOURCE: PR NewsWire

Cochlear Implants (Unilateral Implantation, Bilateral Implantation) Market Analysis 2014-2017 & 2025

DUBLIN, September 5, 2017 /PRNewswire/ --

The "Cochlear Implants Market Analysis By Type of Fitting (Unilateral Implantation, Bilateral Implantation), By End-Users (Adults, Pediatrics), By Region (North America, Europe, Asia Pacific, Latin America, MEA), And Segment Forecasts, 2014 - 2025" report has been added to Research and Markets' offering.

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The global cochlear implants market is expected to reach a value of USD 3.1 billion by 2025

The cochlear implants market is anticipated to witness significant growth during the forecast period, which can be attributed to a favorable reimbursement scenario, rising awareness about hearing aids, and increasing adoption of implants.

Furthermore, technological advancements in cochlear implants to make the device more efficient and user-friendly can boost the demand, which is expected to propel the industry during the forecast period. For instance, in September 2016, Cochlear Ltd. launched the world's thinnest full-length perimodiolar electrode for their cochlear implant. The thin structure of the implant electrode helps to protect the delicate structures of the inner ear.

Further key findings from the study suggest:

    --  Unilateral implantation dominated the industry in 2015.This can be
        attributed to its low cost as compared to bilateral implantation and
        high demand from adults due to its cost-effectiveness.
    --  Bilateral implantation is the most lucrative segment of the industry.
        Increasing demand, ability to recognize the speech in noise, and good
        reimbursement are the key factors expected to drive the market during
        the forecast period.
    --  By end-users, the adults segment dominated the market in 2015 and is
        expected to maintain its dominance during the forecast period, due to
        the presence of a large patient base and growing geriatric population.
    --  Pediatrics segment is expected to grow at the fastest rate during the
        forecast period. Increasing implantation at an early age, implementation
        of several programs & government support to provide cochlear implant to
        children as early as possible, and good reimbursement are the key
        factors expected to propel the market.
    --  Geographically, Europe dominated the industry in 2015 and is expected to
        maintain its position during the forecast period. This is primarily due
        to the conducive health infrastructure of the European Union, which
        allows implantation at an early age.
    --  Asia Pacific is anticipated to observe the fastest growth over the
        coming years. This can be attributed to growing awareness in the region
        and local presence of market players.
    --  Several players operate in the industry. However, majority of the share
        belonged to the top two to three players who dominated in the industry
        in 2015.

Key Topics Covered:

Chapter 1 Research Methodology
1.1 Information Procurement
1.2 Data Analysis

Chapter 2 Executive Summary

Chapter 3 Market Snapshot

Chapter 4 Market Variables, Trends & Scope
4.1 Market Segmentation and Scope
4.1.1 Market Driver Analysis
4.1.1.1 Good Reimbursement
4.1.1.2 Rising Geriatric Population
4.1.2 Market Restraint Analysis
4.1.2.1 High Maintenance Cost
4.2 Penetration & Growth Prospects Mapping
4.3 Cochlear Implants Market - PESTLE Analysis
4.4 Industry Analysis - Porter's

Chapter 5 Market Categorization - Type of Fitting Estimates & Trend Analysis
5.1 Cochlear Implants Market: Type of Fitting Movement Analysis
5.2 Unilateral Implants
5.3 Bilateral Implants

Chapter 6 Market Categorization - End-users Estimates & Trend Analysis
6.1 Cochlear Implants Market: End-users Movement Analysis
6.2 Adult
6.3 Pediatric Implants

Chapter 7 Market Categorization - Regional Estimates & Trend Analysis, by Services

Chapter 8 Competitive Landscape 

    --  Cochlear Ltd.
    --  Gaes Group
    --  MED-EL
    --  Nurotron Biotechnology Co. Ltd.
    --  Sonova Holding AG
    --  William Demant Holding Group

For more information about this report visit https://www.researchandmarkets.com/research/zf7wzs/cochlear_implants

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SOURCE Research and Markets