About Cochlear Implants
A cochlear implant is a surgically implanted complex electronic device that helps overcome complications in the inner ear or cochlea. This implant consists of two major components: an external component known as the sound processor and an internal component known as the implant. The sound processor receives sound waves and processes them into detailed digital information. The implant converts the digital information into electrical information, which is sent to the auditory nerve from an electrode array placed inside the cochlea. The auditory nerve sends impulses to the brain, where these sound waves are processed and interpreted.
Technavios analysts forecast the global cochlear implants market to grow at a CAGR of 14.61% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global cochlear implants market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of various cochlear implants that are sold globally.
The market is divided into the following segments based on geography:
APAC
EMEA
Americas
Technavios report, Global Cochlear Implants Market 2016-2020, 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
Other prominent vendors
Microson
Nurotron Biotechnology
Market driver
Rise in product customization
For a full, detailed list, view our report
Market challenge
High cost
For a full, detailed list, view our report
Market trend
Introduction of rechargeable cochlear implant devices
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 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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PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Market size and forecast by volume
Five forces analysis
PART 06: Cost analysis of cochlear implants
PART 07: Geographical segmentation
Cochlear implants market in Americas
Cochlear implants market in EMEA
Cochlear implants market in APAC
PART 08: Market drivers
Increase in regulatory approvals
Rise in product customization
Relaunch of cochlear implants
PART 09: Impact of drivers
PART 10: Market challenges
Low adoption of cochlear implants in US
High cost
Problems in cochlear implant batteries
PART 11: Impact of drivers and challenges
PART 12: Market trends
Technological developments for next-generation sound processors
High growth potential in emerging economies
Introduction of rechargeable cochlear implant devices
PART 13: Vendor landscape
Competitive scenario
Market share analysis 2015
Key vendor analysis
Cochlear
MED-EL
Sonova
William Demant
Other prominent vendors
PART 14: Appendix
List of abbreviations
PART 15: Explore Technavio
LOE
Exhibit 01: Product offerings
Exhibit 02: Global cochlear implants market 2015-2020 ($ billions)
Exhibit 03: Global cochlear implants market by volume 2015-2020 (thousands of units)
Exhibit 04: Five forces analysis
Exhibit 05: Cost utility of cochlear implants in different groups
Exhibit 06: Reimbursement strategies of Medicare
Exhibit 07: Reimbursement strategies of Medicaid
Exhibit 08: Global cochlear implants market by geography 2015
Exhibit 09: Cochlear implants market in Americas 2015-2020 ($ millions)
Exhibit 10: Cochlear implants market in EMEA 2015-2020 ($ millions)
Exhibit 11: Global cochlear implants market segmentation by geography
Exhibit 12: Impact of drivers
Exhibit 13: Impact of drivers and challenges
Exhibit 14: Buying criteria of cochlear implants
Exhibit 15: Cochlear: Segmentation by revenue 2015
Exhibit 16: Cochlear: Segmentation by revenue 2014 and 2015 ($ million)
Exhibit 17: Cochlear: Key takeaways
Exhibit 18: MED-EL: Key takeaways
Exhibit 19: Sonova: Business segmentation by revenue 2015
Exhibit 20: Sonova: Business segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 21: Sonova: Key takeaways
Exhibit 22: William Demant: Segmentation by revenue 2014
Exhibit 23: William Demant: Key takeaways
