A Cochlear Implant (CI) System is a small, complex electronic device that can help to provide a sense of sound to a person who is profoundly deaf or severely hard-of-hearing. The implant consists of an external portion that sits behind the ear and a second portion that is surgically placed under the skin.Scope of the Report: This report focuses on the Cochlear Implant (CI) System in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
In terms of products type, the market is segmented into unilateral implantation and bilateral implantation. In 2016, unilateral implantation dominated the overall cochlear implant market, accounting for over 97% of global market. The dominance of unilateral implantation is majorly due to a higher demand for the product. Unilateral implantation surgery is conducted at a lower cost as compared to bilateral implant. Bilateral implantation is expected to witness the fastest growth during the forecast period.
Due to the high technical threshold, the concentration of cochlear implants system market is very high. Cochlear from Australia is a giant player in this market, accounting for almost 60% of global market. Other leading companies are MED-EL, Advanced Bionics (Sonova), Oticon (William Demant), Hangzhou Nurotron and Listent Medical.
The worldwide market for Cochlear Implant (CI) System is expected to grow at a CAGR of roughly -% over the next five years, will reach - million US$ in 2023, from - million US$ in 2017,
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Market Segment by Manufacturers, this report covers
Cochlear
MED-EL
Advanced Bionics (Sonova)
Oticon (William Demant)
Hangzhou Nurotron
Listent Medical
Market Segment by Regions, regional analysis covers
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Colombia etc.)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Market Segment by Type, covers
• Unilateral
• Binaural
Market Segment by Applications, can be divided into
• Adult
• Pediatric
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