World Hearing Implants Market Discussed in New RNCOS Study Recently Published at MarketPublishers.com21 Mar 2016 • by Natalie Aster
LONDON – Hearing loss affects close to 5% of the worldwide population, out of which 32 million are children and 328 million are adults. This number is poised to increase substantially in the offing.
The hearing implants market is forecast to reach USD 2.9 billion by 2020. Cochlear implants currently occupy the lion’s share in the world’s total hearing implants market, and it is set to maintain its leadership position in the forthcoming years. In terms of end users, children utilise more of these implants as against adults.
North America captures the biggest share of the hearing implants market, which was due to a huge patient population, a vast number of commercially available implants used to treat different types of hearing loss, favourable terms of healthcare insurance coverage, and impressive health care systems customised for the sector. Still, the APAC market is projected to witness the most rapid growth in the years to come due to improving medical facilities in the region in tandem with expanding patient population.
New research study “Global Hearing Implants Market Outlook 2020” created by RNCOS E-Services Pvt. Ltd (RNCOS) draws up an all-round picture of the hearing implants market worldwide. The report provides a detailed analysis of the market for these devices. It provides the current and forecasted figures for the market. The segmentation of hearing implants market is available, too, which is based on product type, end-user sectors and geographies. Furthermore, the study offers insights into the most essential drivers and challenges, recent trends and developments, and strategic collaborations having a bearing on the industry growth. The research report discusses a number of the top players operating in the world’s hearing implants market space, giving a business overview of each market participant alongside their business segments, product ranges and up-to-the-minute developments. A granular analysis of the players’ market shares is available, too. Moreover, the research study offers an assessment of the firms’ strengths and weaknesses.
Firms analysed in the report include: MED-EL, Sonova AG, Cochlear Limited, William Demant Holding A/S, Zhejiang Nurotron Biotechnology Co., Ltd., Medtronic, Inc., Ototronix, LLC, Microson, Envoy Medical Corporation and Soundtech, Inc.
Global Hearing Implants Market Outlook 2020
Published: September, 2015
Price: US$ 800.00
More reports by the publisher can be found at RNCOS page.