Most Recent GlobalData's Medical Devices Industry Reports25 Jan 2012 • by Natalie Aster
Hearing Implants - Global Pipeline Analysis, Competitive Landscape and Market Forecasts to 2017. Global market for hearing implants was valued at $960.8m in 2010, and is forecast to grow at a Compound Annual Growth Rate (CAGR) of 14% to reach $2.3 billion in 2017. The market is expected to be driven by an increasing population of patients suffering from hearing loss.
Cochlear implants (CIs) are the biggest segment in the overall hearing implants market, generating more than 80% of the market’s global revenue in 2010. Global cochlear implants market was valued at $783.6m in 2010 and is forecast to reach $1..9 billion by 2017, with a CAGR of 14%. The market is expected to be driven by the growing incidence of hearing loss, the rapidly growing potential patient base in emerging markets such as China and India, and technological advancements in cochlear implants.
Central Venous Catheters - Global Pipeline Analysis, Competitive Landscape and Market Forecasts to 2017. Global central venous catheters market was valued at $582.2m in 2010, having grown at a Compound Annual Growth Rate (CAGR) of 5.1% from $411.7m in 2003. The central venous catheters market is expected to grow at a CAGR of 3.2% to $727.4m in 2017. The antimicrobial central venous catheters market segment is expected to show the highest growth at a CAGR of 4.5% from 2010 to 2017.
Largest central venous catheters market was that of the US, which was valued at $295m in 2010, having grown at a CAGR of 4.5% from 2003. The non-antimicrobial central venous catheters market segment was the largest market segment with revenues of $193.9m in 2010. The antimicrobial central venous catheters market segment was valued at $101.1m in 2010.
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